Posts

Showing posts from July, 2022

Pet Care Market Size Worth $232.14 Billion By 2030

Pet Care Industry Overview The global  pet care market  size is expected to reach USD 232.14 billion by 2030, according to a new report by Grand View Research, Inc. The year 2020 was not very promising for most industries, but it has been a boon to the pet care industries due to repeated lockdowns and the work from home culture, which led people to take better care of their pets. This has stipulated the demand for pet services and products a significant rise in the market. Pet Care Market Segmentation Grand View Research has segmented the global pet care market based on pet type, type, and region: Based on the Pet Type Insights, the market is segmented into Dog, Cat, Fish, Bird, Others. The dogs segment accounted for about 40% of the market share in 2021. Dogs are the most popular pets, followed by cats. Dogs are known to relieve anxiety, stress, and depression, as well as loneliness, promote cardiovascular health, and encourage exercise, all of which contribute to ...

Physiotherapy Equipment Market Worth $33.5 Billion By 2030

Physiotherapy Equipment Market PR2   Physiotherapy Equipment Industry Overview The global  physiotherapy equipment market   size is expected to reach USD 33.5 billion by 2030, registering a CAGR of 6.69% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growing prevalence of neurological, musculoskeletal, and spinal cord disorders, early disease diagnosis, and awareness about physiotherapy are some of the factors driving the market growth. The rising incidences of sports injuries, cerebrovascular diseases, and degenerative joint disorders are also contributing to the market growth. According to the National Safety Council (NSC), biking was responsible for 426,000 injuries in 2020, the most of any sport or recreational activity. With roughly 378,000 injuries, (with or without equipment) exercise ranked second, followed by ATV, minibike, and moped use (with 230,000 injuries) and scooter, hoverboard, and skateboard use (with 218,000 injuries) i...

White Oil Market Size Worth $3.0 Billion By 2030 | CAGR: 4.2%

White Oil Industry Overview The global  white oil market  size is expected to reach USD 3.0 billion by 2030, as per a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.2% from 2022 to 2030. The product demand is attributed to the increase in the consumption of the product by various end-use industries such as personal care and pharmaceutical. The personal care application segment extensively utilizes the product as a base ingredient, lubricant, softening agent, and a key processing additive for various personal care products mainly including cosmetics, make-up products, lipsticks, skin care lotions, and hair care products. Multiple uses of white oil, coupled with the growth of the personal care industry in developing countries, are driving the product demand. White Oil Market Segmentation Grand View Research has segmented the global white oil market based on application and region: Based on the Application Insights, the market is segmen...

Sterilization Equipment Market Size Worth $15.6 Billion By 2030

Sterilization Equipment Industry Overview The global  sterilization equipment market   is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.5%, according to a new report by Grand View Research, Inc. The rising incidence of Hospital Acquired Infections (HAIs), impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key driving factors of the market. The recent outbreak of COVID-19 is anticipated to significantly impact the market. The pandemic caused by the virus SARS-CoV-2 has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns,  antiseptics, and disinfectant  products. The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for sterilization equipment. Consequently, the use of sterilization equipment has also increased due to the increasing number of patients in hospitals & clinics. Proper and reg...

Malaria Diagnostics Market Size Worth $1.2 Billion By 2030

Malaria Diagnostics Industry Overview The global  malaria diagnostics market  size is projected to reach USD 1.2 billion by 2030, expanding at a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Rising prevalence of the tropical disease in endemic countries, development of novel diagnostic techniques, and rising investments by regional governments and private investors are expected to propel market growth. Malaria is one of the most widespread life-threatening diseases, commonly occurring in the tropical and subtropical regions due to changing climate, low economic growth, underdeveloped healthcare infrastructure, and lack of access to advanced treatment.  Malaria Diagnostics Market Segmentation Grand View Research has segmented the global malaria diagnostics market on the basis of technology and region: Based on the Technology Insights, the market is segmented into Microscopy, Rapid Diagnostic Tests (RDTs), Molecular Diagnostic Tests. The Ra...

Dyes & Pigments Market Size Worth $57.2 Billion By 2030

Dyes & Pigments Industry Overview The global  dyes & pigments market  size is expected to reach USD 57.2 billion by 2030, registering a CAGR of 5.2% during the forecast period, from 2022 to 2030 according to a new report by Grand View Research, Inc. Dyes & pigments market is projected to witness substantial growth in the consumption, on account of a high application scope coupled with increasing demand from textile and paints & coatings application. Dyes & Pigments Market Segmentation Grand View Research has segmented the global dyes & pigments market based on the product, application and region: Based on the Product Insights, the market is segmented into Dyes, Pigments. The reactive dyes segment dominated the market with a revenue share of more than 56.0% in 2021. These products are composed of highly colored organic substances and have primary application in tinting textiles. They have a high resistance to fading and are available in a rang...

Silicon Carbide Market Size Worth $7.98 Billion By 2030

Silicon Carbide Industry Overview The global  silicon carbide market  size is projected to reach USD 7.98 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.7% over the forecast period. The rising prominence of silicon carbide in the production of Single-crystal SiC wafers is projected to aid the market growth over the forecast period. In the last few years, the consumption of single-crystal SiC wafers increased significantly, especially to manufacture electronic chips in the semiconductor industry. The increasing need to produce compact and right design electronic devices is projected to further push the product demand in the semiconductors industry. These single-crystal wafers offer limited power loss in the form of heat owing to the reduced leakage currents and wide-bandgap. Moreover, the SiC-based wafers are equipped to handle 10 times more voltage than their counterpart materials. Silicon Carbide Market Segmentation Grand...