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Showing posts from November, 2020

Operating Room Integration Market Worth $3.2 Billion By 2027

The global  operating room integration market  size is expected to reach USD 3.2 billion in 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR: 11.0% over the forecast period. Increasing redevelopment projects and the adoption of advanced healthcare IT solutions in hospitals is further boosting market growth. Operating Rooms (OR) are increasingly becoming complex and congested due to the requirement of devices during surgeries such as surgical lights, operating tables, and surgical displays. Integrated Operating Rooms (I-ORs) are becoming a solution for this complexity in ORs. The modern operating room provides consolidated data and offers access to audio and video and controls for all surgical devices at the central command station, allowing the surgeon to achieve various tasks efficiently without the prerequisite to move near the OR. Other advantages of OR integration are that it minimizes manpower, maximize OR efficiency, takes less sur...

Intravenous Infusion Pumps Market Size Worth 2.3 Billion By 2027

The global  intravenous infusion pumps market  size is expected to reach USD 2.26 billion by 2027, registering a CAGR of 5.9% over the forecast period according to a new report by Grand View Research, Inc. The introduction and development of specialty and smart pumps are imparting crucial growth of the market as they constitutes Dose-error Reduction Software (DERS) and customized drug libraries. According to a study conducted by Mindray Medical Company in 2018, medical pumps are the most conventional hospital rentals equipment. To improve the safety and efficacy of intravenous infusion pumps, the U.S. FDA took an initiative known as the Infusion Pump Improvement Initiative in 2010, which focuses on supporting the benefits of generic pumps and minimizing the risk associated with it at the same time. FDA also launched a website that gives peculiar information about medical pumps to the patients, users, and other stakeholders. Several government collaborative researchprojects l...

Commercial Refrigeration Equipment Market Worth $48.61 Billion By 2025

The global  commercial refrigeration equipment market  size is projected to reach USD 48.61 billion by 2025, growing at a CAGR of 5.4% over the forecast period, according to a new report by Grand View Research, Inc. Advancements in refrigeration technologies along with the changing food habits are expected to impel the market growth over the forecast period. The refrigerators & freezers is anticipated to emerge as the fastest-growing product segment with a CAGR of 6.4% from 2019 to 2025. Innovation in magnetic refrigeration systems and other emerging technologies are also expected to have a positive impact on the market growth. Super markets are one of the most prominent retail channels for such equipment. The segment was valued at USD 2.20 billion in 2018 and is projected to maintain the dominance in future due to increasing number of supermarkets and hypermarkets in developing countries, such as China and India .Growing disposable income levels and improving standards ...

BPM Market Size Projected To Reach $23.04 Billion By 2024

The global  business process management (BPM) market  is expected to reach USD 23.04 billion by 2024, according to a new study by Grand View Research, Inc. The growth is attributed to the increasing number of benefits offered by the BPM solution, including better productivity, ease of use, flexibility, and reduction in the time to wait for customers. The growing need for the integration of key functional areas in an organization is also expected to propel demand over the next eight years. The business process management software exhibits high avenues in various application areas, especially in the IT & telecom and healthcare sectors. This may be due to its capabilities of monitoring individual processes of the entire lifecycle. For PDF sample Copy or More Details please visit link @: http://www.grandviewresearch.com/industry-analysis/business-process-management-bpm-market Organizations restructuring their business processes are most likely to adopt the BPM software. Se...

Mobile Wallet Market Size To Reach $7,581.91 Billion By 2024

The global  mobile wallet market  is expected to reach USD 7,581.91 billion by 2024, according to a new report by Grand View Research, Inc. Growing mobile penetration with improved payment infrastructure and data connectivity are expected to offer the significant opportunity of the mobile wallet market. Increasing application of mobile wallet which includes Apple Pay, Android Pay and Samsung Pay with the growing capability of paying through mobile phones, is expected to drive the market demand. Increasing demand for enhanced government policies and security issues is expected to drive the market growth. Enterprises across the industries are developing and deploying the new products for improving the productivity with increasing security. The increasing need for lowering cost of ownership and increased convenience need will continue to dictate the market development. For PDF sample Copy or More Details please visit link @: http://www.grandviewresearch.com/industry-analysis/...

B2B E-Commerce Market Worth $20.9 Trillion By 2027

The global  business-to-business e-commerce market  size is estimated to reach USD 20.9 trillion by 2027, expanding at a CAGR of 17.5% during the forecast period, according to a study conducted by Grand View Research, Inc. In the early 2020, COVID-19 has majorly affected the e-commerce industry. Behavioral pattern of the customers has changed a lot amid lock down in countries such as U.S., Germany, Italy, Spain, India, China, and Russia. Online shopping is preferred during this phase due to constraints on publicgathering. Due to social distancing, millions are turning toward the internet since social interactions are moving online and business-to-business (B2B) communications are taking place digitally. According to e-commerce industry experts, this has positively impacted the industry and several companies have witnessed a tremendous increase in demand for products. B2B portals play a pivotal role, helping SMEs and large-scale enterprises reach remote areas, and becoming a ...

Urology Lasers Market Size Worth $1.4 Billion By 2026

The global  urology laser market  size is anticipated to reach USD 1.4 billion by 2026, according to a new report by Grand View Research, Inc., registering a CAGR of 5.7% over the forecast period. registering a CAGR of 5.7% over the forecast period. The increasing demand for minimally invasive surgeries, rise in the number of patients suffering from urinary calculi, and technological advancements in urology lasers is anticipated to boost the market growth. The demand for lasers in urology is rising due to the increasing preference for minimally invasive surgeries as these procedures reduce morbidity, dysfunction, and have the ability to ablate prostate tissue with minimal hemorrhage or bleeding. They also offer advantages such as quicker recovery from surgery, lower risk of bleeding, and enable a shorter bladder catheterization time, sometimes even eliminating the need for bladder catheterization completely. These procedures are also characterized by more stable outcome...

Mexico Hemp CBD Market Worth $275.8 Million By 2025

The  Mexico hemp CBD market  size is projected to reach USD 275.8 million by 2025, expanding at a revenue-based CAGR of 34.3%, according to a new report by Grand View Research, Inc. The recent approval by the Mexico government for the usage of medical cannabis and cannabidiol-derived products containing less than 1% Tetrahydrocannabinol (THC) is driving the market. In addition, introduction of innovative hemp-derived cannabidiol (CBD) products and increasing adoption of these products due to their health benefits is anticipated to fuel the market growth over the forecast period. The B2C distribution channel will dominate the market in 2019, with a revenue share of 53.1%. The rise in the number of retail and online stores providing hemp-derived products is expected to drive the market over the forecast period. Moreover, the B2B distribution channel is anticipated to witness the fastest growth over the forecast period. An increase in the number of Mexico based companies import...