2023-07-07

Medical Sensors Market Research Report Size, share & Forecast Analysis

The Medical Sensors Market was estimated around USD 1,455 million in 2019 and is expected to grow at CAGR of 10.1% over the forecast period (2020-2027).

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The factors driving growth of the Medical Sensors Market includes increasing prevalence of diabetes and cardiovascular diseases, growing demand for diagnostic and monitoring devices, rising geriatric population, Government expenditure to enhance healthcare infrastructure and improvements in the living standards. As per the WHO, obesity has tripled since 1975, over 1.9 billion people aged 18 and above were overweight, of these 650 million were obese, and 39 million children below the age of 5 were overweight across the globe in 2020, which is creating the demand for medical sensors worldwide. Moreover, increasing adoption of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (IoT), rising acceptance for fitness devices are further boosting the Medical Sensors Market size. In addition, the increasing investments by major companies on research and development, strategic partnerships between enterprises and growing disposable incomes, are further contributing towards the market growth.

However, growth of the Medical Sensors Market is hindered due to strict regulations regarding product approval.

The leading players operating in the market are Tekscan, Inc., Sensirion AG Switzerland, NXP Semiconductors, TE Connectivity, Texas Instruments Incorporated, Medtronic, Proteus Digital Health, First Sensor AG, STMicroelectronics, and Amphenol Advanced Sensors, among others.

Based on Sensors Type, the Pressure Sensors segment is predicted to grow at a significant CAGR during the forecast period

Increasing application of pressure sensors in medical devices such as blood pressure monitors and respiratory therapy devices and heart rate monitoring devices, is propelling growth of the segment.

Based on Product Type, the Non-Invasive segment is projected to grow at a robust CAGR over the forecast period

Increasing use of Internet of Things (IoT) in medical devices and rising demand for connected devices across the globe, are some of the factors pushing segment’s growth.

Based on Region, the North American region is projected to grow at a remarkable CAGR during the forecast period

Increasing cases of diabetes and obesity across United States and Canada, growing demand for technologically advanced medical devices, rise in Government’s expenditure on the healthcare sector and high per capita incomes, are driving the market growth in North America.

Key Developments

n 2021 – OMRON opened Automation Center in Barcelona, to secure OMRON’s position as a leading vendor in factory automation technology to address various challenges. OMRON changes automation concepts into advanced solutions with the support of the Automation Center.

Market Segmentation

Segmentation by Sensors Type

Temperature Sensors
Pressure Sensors
Blood Oxygen Sensors
Blood Glucose Sensors
Image Sensors
Electrocardiogram (ECG) Sensors
Ingestible Sensors
Motion Sensors
Heart Rate Sensors
Touch Sensors

Segmentation by Product Type

Invasive
Non-Invasive

Segmentation by Application

Patient Monitoring
Diagnostic Imaging
Medical Implants & Endoscopy

Segmentation by End User

Nursing Homes, Assisted Living Facilities, Long-Term Care Centers, & Home Care Settings
Hospitals & Clinics
Others

Segmentation by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

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2023-07-03

Paper and Paperboard Container and Packaging Market Research Report Size

The Paper and Paperboard Container and Packaging Market is expected to grow at a robust CAGR over the forecast period (2020-2027).

The factors driving growth of the market includes advent of specialized paper and paperboard containers, rising focus of manufacturers on launching environment friendly solutions, growing demand for paper and paperboard container and packaging solutions from end-use industries such as Food and Beverage, Personal Care & Cosmetics, and electronics, and improvements in the living standards. Paper Packaging and Paperboard Packaging solutions are lightweight, have magnificent printability along with its non-reactive properties, are further pushing the

Paper and Paperboard Container and Packaging Market SizeMoreover, growing adoption of advanced technologies by manufacturers, increasing use of smart packaging in medical monitoring, rise in the launch of new products and rapid urbanization, are some of the additional factors supplementing the market growth. companies on research and development, strategic partnerships between enterprises, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

However, growth of the Paper and Paperboard Container and Packaging Market is hindered due to risks of contamination with recycled paperboard.

The major players operating in the Paper and Paperboard Container and Packaging Market are Mondi Group, Nippon Paper Industries Co. Ltd., Packaging Corp. of America, Amcor Plc, DS Smith Plc, Georgia-Pacific LLC, Smurfit Kappa Group Plc, Tetra Pak International SA, WestRock Co, and International Paper Co., among others.

Based on Product, the Paper Bags & Sacks segment is predicted to grow at a significant CAGR during the forecast period

E-commerce and Food & Beverage industries are increasingly adopting paper and paperboard container and packaging solutions owing to its enhanced durability and lightweight features, are propelling segment's growth.

Based on End-User, the Food and Beverages segment is projected to expand at a remarkable CAGR over the forecast period

Rising focus of companies on developing sustainable packaging solutions which can be easily open and reclosed, easy to carry and can preserve nutritional value of food, is pushing growth of the segment.

Based on Region, the Asia-Pacific region is anticipated to capture the largest market share during the forecast period

Rising concerns related to pollution caused by non-recyclable and non-biodegradable packaging solutions, increasing adoption of latest technologies by manufacturers, rapid urbanization, and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.

Key Developments

In Jun 2019, Amcor plc, completed the acquisition of Bemis Company Inc., a manufacturer of flexible packaging products and pressure-sensitive materials. This acquisition will bring additional scale, capabilities, and footprint and will strengthen the global position of the company.
In Mar 2018, DS Smith plc acquired EcoPack and EcoPaper for around USD 257 million in Romania. Through this acquisition, the company planned to expand its capacity to meet the increasing demand for a paper-based packaging solution and expand its presence in Eastern Europe.

Market Segmentation

Segmentation by Product

Paper Bags & Sacks
Corrugated Container & Packaging
Folding Boxes & Cases
Others

Segmentation by End-User

Food and Beverages
Industrial Products
Healthcare
Others

Segmentation by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

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Paper and Paperboard Container and Packaging Market

2023-06-13

Telehealth Market is expanding at a robust CAGR of 37.7% during the forecast period | Size & Report

The Telehealth Market is expected to grow at a CAGR of 37.7% over the forecast period.

The factors driving growth of the Telehealth Market includes increasing penetration of smartphones, rising prevalence of chronic diseases around the world, Government expenditure to enhance the healthcare services, transition from traditional to virtual care strategies and improvements in the living standards. As per the Center for Medicare and Medicaid Services, expenditure by the Government of United States has increased from USD 3.81 Trillion in 2019 to 4.01 Trillion in 2020, which will accelerate the Telehealth Market share in the approaching years. Moreover, technological advancements in warble remote monitoring devices, increasing popularity of self-monitoring applications, gradual shift towards home care services, rise in the number of start-ups and rapid urbanization, are some of the additional factors supplementing the Telehealth Market Growth. In addition, the increasing investments by major corporations on research and development, rise in the launch of innovative products and growing disposable incomes, are further propelling the Telehealth Market size.

However, growth of the Telehealth Market is hindered due to lack of expertise to operate 4complex devices.

The major players operating in the market are Tunstall Healthcare, Care Innovations, Globalmedia Group LLC, Medtronic PLC, Honeywell Life Care Solutions, AMD Global Telemedicine Inc., Cerner Corporation, Cisco Systems Inc., Medvivo Group Ltd., Philips Healthcare, and Aerotel Medical Systems Ltd., among others.

Based on Application, the Teleradiology is predicted to capture the largest market share during the forecast period

Increasing use of telehealth solutions for imaging practices and growing adoption of teleradiology services by healthcare institutions, are propelling segment’s growth.

Based on End-Users, the Providers segment is projected to expand at a remarkable CAGR over the forecast period

As per the Telehealth Market Forecast, technological advancements in telehealth monitoring devices and rising number of tele-specialty services, are pushing segment’s growth.

Based on Region, the North American region is projected to hold the highest market share in next 7 years

According to the Telehealth Market Analysis, increasing prevalence of chronic diseases across United States and Canada, rising geriatric population, proliferation of smartphones and tablets and high per capita incomes, are driving the market growth in the North American region.

Key Developments

In 2020, Philips Healthcare partnered with the American Telemedicine Association to support the adoption of telehealth across various industries.
In 2018, AMD Global Telemedicine Inc., launched its OnDemand Visit, a D to C telehealth platform which allows enterprises to grow their service offerings as well as engage patients in a convenient way.

Market Segmentation

Segmentation by Component

Software & services
- Remote patient monitoring software and devices
- Real-time interaction software & services
- Store-and-forward software & services
Hardware
- Medical peripheral devices
  - Blood pressure monitors
  - Blood glucose meters
  - Weight scales
  - Pulse oximeters
  - Peak flow meters
  - ECG monitors
  - Other devices
- Monitors

Segmentation by Mode of delivery

Cloud-based
On-Premise

Segmentation by Application

Teleradiology
Tele-consultation
Tele-ICU
Tele-stroke
Tele-psychiatry
Tele-dermatology
Others

Segmentation by End-User

Providers
Payers
Patients
Others

Segmentation by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

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2023-02-19

Food & Beverage Processing Equipment Market Research Report Size, Growth & Forecast Report, 2029

The Food & Beverage Processing Equipment Market is estimated to reach from USD 57.5 billion in 2021 to USD 88.9 billion in 2029, expanding at a CAGR of 5.6% during 2022-2029

The factors driving growth of Food & Beverage Processing Equipment Market includes rise in the number of quick service restaurant, growing demand for bakery and confectionary food items, increasing energy and labor costs worldwide and improvements in the living standards. Moreover, growing adoption of automated technologies and robotics in the food production and processing industry, increasing consumption of non-alcoholic beverages, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major corporations on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the Food & Beverage Processing Equipment Market share.

However, growth of the Food & Beverage Processing Equipment Market is hindered due to high cost of installing processing equipment.

The lading players operating in the market are SPX Flow, Bigtem Makine, Fenco Food Machinery, Marel, GEA Group, Buhler, Krones Group, JBT Corporation, Alfa Laval, TNA Austr Bucher Industries, Clextral and alia Solutions, among others.

Based on End Product Form, the Solid segment is predicted to dominate the market during the forecast period

Increasing use of drying, coating, and thermal extruding equipment in confectionary and dairy products, is propelling growth of the segment.

Based on Operation, the Semi-automatic segment is projected to capture the largest market share over the forecast period

Semi-automatic food processing equipment consumes less energy, provide consistent quality and are cost-effective, are some of the features propelling segment’s growth.

Based on Region, the Asia-Pacific region is anticipated to expand at a remarkable CAGR during the forecast period

As per the Food & Beverage Processing Equipment Market Analysis, growing demand for bakery and confectionary products across India, China, and Vietnam, growing adoption of advanced technologies by manufacturers, rising per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in the Asia-Pacific region.

Key Developments

In 2019, Marel inaugurated its production facility in Dongen, Netherlands. Through this expansion, the company plans to expand its production in the poultry industry.
In 2018, Krones Group completed the acquisition of US-based food processing equipment supplier, i.e., WM Sprinkman. Through this acquisition, the company planned to expand its product portfolio in North America which includes bottling and packaging equipment.

Market Segmentation

Segmentation by Type

Pre-processing equipment
- Sorting & grading
- Cutting, peeling, slicing, grinding, and washing
- Blending & mixing
Processing equipment
- Forming
- Extruding
- Coating
- Drying, cooling, and freezing
- Thermal
- Filtration
- Pressing
- Homogenization

Segmentation by End Product Form

Liquid
Solid
Semi-solid

Segmentation by Mode of Operation

Automatic
Semi-automatic

Segmentation by Application

Bakery & confectionery products
Meat & poultry products
Fish & seafood
Dairy products
Alcoholic beverages
Non-alcoholic beverages
Others

Segmentation by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

About GMI Research

Food & Beverage Processing Equipment Market

2023-02-04

Cloud Radio Access Network Market Research Report Size, Share & Forecast– 2022-2029

The Cloud Radio Access Network (C-Ran) Market was estimated around USD 4.8 billion in 2021 and is estimated to reach USD 29.9 billion in 2029 and predicted to grow at a CAGR of 25.7% over the forecast period (2022-2029).

The factors driving growth of Cloud Radio Access Network (C-Ran) Market includes growing demand for 5G services around thew world, increase in the number of internet users around the world, expansion of the telecommunication sector and improvements in the living standards. Moreover, growing adoption of Network Function Virtualization (NFV) and Software Defined Networking technologies, C-RAN solutions provides centralized network architecture, enhanced energy efficiency and reduces expenses and rapid urbanization, are some of the additional factors supplementing the Cloud Radio Access Network Market share. In addition, the increasing investments by major corporations on research and development, rise in the launch of innovative products and growing population growth rates, are further contributing towards the market growth.

However, growth of the Cloud Radio Access Network (C-Ran) Market is hindered due to emerging need for high bandwidth in the fronthaul link in C Ran networks.

The major players operating in the Cloud Radio Access Network (C-Ran) Market includes Telefonaktiebolaget LM Ericsson, NEC Corporation, Huawei Technologies Co. Ltd., Intel Corporation, Nokia Corporation, Cisco Systems, Inc., Fujitsu Limited, Mavenir Systems Inc. and Artiza Networks Inc., among others.

Based on Service, the Managed segment is predicted to grow at a significant CAGR during the forecast period

Managed services provide day-to-day maintenance, 24*7 IT support and routine troubleshooting, along with rising popularity of remote working, are some of the factors propelling growth of the segment.

Based on Network Type, the 5G segment is projected to expand at a remarkable CAGR over the forecast period

5G networks reduces latency problems and is increasingly deployed in the Telecom industry, are pushing growth of the segment.

Based on Region, the Asia-Pacific region is anticipated to capture a sizeable market share during the forecast period

Presence of the leading players such as China Mobile Limited, Huawei Technologies Co., Ltd. and Fujitsu Limited, rising number of internet users across India, China and Indonesia, rapid urbanization, increasing per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in the Asia-Pacific region.

Key Development

In 2020, Nokia Corporation introduced its next generation 5G AirScale Cloud RAN solution based on vRAN2.0 to be commercially available with general availability expected in 2021 following a series of successful customer trials, including end-to-end 5G data calls over sub-6GHz frequency bands, with fully cloudified base station.

Market Segmentation

Segmentation by Service

Professional
Managed

Segmentation by Network Type

5G
4G
LTE
3G (EDGE)

Segmentation by Deployment

Centralized
Cloud

Segmentation by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

About GMI Research

Cloud Radio Access Network Market, Cloud Radio Access Network Market share,

2023-01-19

Social Media Analytics Market Research Report Size, Growth & Forecast – 2022-2029

Social Media Analytics market generated a revenue of USD 4.2 billion in 2021 and is forecast to touch USD 21.6 billion in 2029, exhibiting a CAGR 22.7% over the forecast period (2022-2029), due to the accelerating penetration of mobile phone, tablets, and internet.

Key Drivers

Growing demand for business intelligence tools, rising number of smartphones, increasing emphasis by businesses on collecting customer feedback and adoption of social media networks are some of the major factors fueling the social media analytics market. As per the Facebook, there were approximately 1,562 million active users daily, and 500 million Tweets are sent each day and 9% more people are using Twitter every day, encouraging the penetration of social media networks at a global level. Moreover, the increasing application of Social Media Analytics software by end use Industries which include media & entertainment, manufacturing and e-commerce and rising number of active social media users across the world, are some of the additional factors augmenting the Social Media Analytics Market Size.

Moreover, the growing emphasis of organization on analyzing sales to strengthen their market presence, rising brand awareness and inclination towards better quality and low-priced products and fast delivery of services are proliferating the market growth. Furthermore, the incorporation of social media analytics with software-as-a-service (SaaS) for enhanced flexibility, reliability, scalability, and low costs, will drive the market growth. However, the inadequate standard measures and complications in analytical workflow will hamper the market growth.

Deployment Model – Segment Analysis

Cloud deployment mode is projected to grow at a significant CAGR over the forecast period, owing to their better storage capacity, flexibility, improved performance, and cost efficiency to its users. On-premises deployment model is forecast to dominate the market over the upcoming years, due to the growing demand for digital technologies and social media platforms.

Application – Segment Analysis

Risk Management and Fraud Detection application is expected to grow at a higher CAGR over the upcoming years due to its ability to minimize fraudulent activities.

Sales and Marketing management application will dominate the market during the forecast period due to growing deployment of analytical tools in marketing applications.

Regional – Segment Analysis:

North American region is projected to lead the market during the forecast period, due to the ongoing technological innovations in analytical tools, accelerating internet proliferation and increasing application of social media Analytical tools in various end-use industries.

Market Segmentation

Global Social Media Analytics Market by Component

Software
Services
Professional Services
- Consulting
- Training & Education
Managed Services

Global Social Media Analytics Market by Deployment Model

On-premises
Cloud

Global Social Media Analytics Market by Organization Size

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

Global Social Media Analytics Market by Application

Sales and Marketing Management
Customer Experience Management
Competitive Intelligence
Risk Management and Fraud Detection
Public Safety and Law Enforcement
Others

Global Social Media Analytics Market by Vertical

BFSI
Telecommunications and Information Technology (IT)
Retail and eCommerce
Healthcare and Life Sciences
Media and Entertainment
Government and Defense
Travel and Hospitality
Others

Global Social Media Analytics Market by Region

Asia Pacific
- China
- Japan
- India
- Rest of APAC

North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE

About GMI Research

2023-01-17

Saudi Arabia Cybersecurity Market Research Report Size, analysis & Global Forecast – 2020-2027

The Saudi Arabia Cybersecurity Market is expected to grow at a robust CAGR over the forecast period (2020-2027).

The factors driving growth of the Saudi Arabia Cybersecurity Market includes increasing incidents of cyber-attacks, huge volumes of data generated such as intellectual property, financial data and personal information, rapid digitalization across industries and improvements in the living standards. For instance, almost 40% of users across social networking platforms in Saudi Arabia were victims of Internet crimes and, 20% of adults fell victim to cybercrime on social networks and mobile devices, which is pushing the demand for cybersecurity products. Moreover, rising penetration of smart devices, growing adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), expansion of e-commerce industry, increase in the launch of new products and rapid urbanization, are some of the additional factors supplementing the Saudi Arabia Cybersecurity Market share. In addition, the increasing investments by leading players on research and development, strategic mergers and collaborations between companies and growing disposable incomes, are further propelling the Saudi Arabia Cybersecurity Market size.

However, growth of the Saudi Arabia Cybersecurity Market is hindered due to insufficient availability of skilled workforce.

Based on Security Type, the Network Security segment is predicted to grow at a significant CAGR during the forecast period

As per the Saudi Arabia Cybersecurity Market Research, increasing use of network security products for protecting network infrastructure and organizational assets from unauthorized access and disruptions, are pushing segment’s growth.

Based on Deployment Mode, the Cloud segment is projected to grow at a faster CAGR over the forecast period

Growing adoption of advanced technologies and increasing investments by companies on procuring cybersecurity products, are propelling the segment’s growth.

Based on Vertical, the Energy and Utilities segment is anticipated to expand at a remarkable during the forecast period

Growing adoption of connected devices across Oil and Gas and Power sectors, increasing attack on power grid, rising per capita incomes, and rapid urbanization, are some of the factors augmenting the segment’s growth.

Key Developments

In 2020, UL LLC, entered into partnership with the National Cybersecurity Authority of Saudi Arabia (NCA) and they have signed a Memorandum of Understanding (MoU) to work towards building a more secure cybersecurity system in the Kingdom of Saudi Arabia.
In 2020, Trend Micro Incorporated collaborated with CyberX, a government-backed initiative, to drive the cybersecurity awareness in Saudi Arabia. Through this partnership, Trend Micro Incorporated will serve as the strategic technology contributor of CyberX.

Market Segmentation

Segmentation by Security Type

Network Security
Endpoint Security
Cloud Security
Internet Security
Others

Segmentation by Deployment Mode

On-Premises
Cloud

Segmentation by Organization Size

SMEs
Large Enterprises

Segmentation by Vertical

BFSI
Government and Defence
Energy and Utilities
Healthcare
IT and Telecommunication
Retail
Manufacturing
Others

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