Compression Therapy Industry is Dominated by Compression Garments

The total size of the compression therapy market was USD 3.92 billion in the year 2022, and it will power at a rate of 5.80% in the years to come, to touch USD 6.15 billion by 2030.

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The growth of the market is a result of an increase in patients suffering from lymphedema, diabetes, DVTs, and varicose veins. For example, as per the Chicago Vein Institute, about half of the population of the U.S., which is over 50 years old is suffering from varicose veins.

Compression garments dominated the industry, and their sales will increase at a rate of 6.6% by the end of this decade, as stated by P&S Intelligence, a market research institution. This has a lot to do with the extensive applications of these products for patients, who have lymphedema, deep vein thrombosis, varicose veins, and hypotension.

Compression garments are specific clothes made of elastomeric fibers and yarns worn to apply significant mechanical pressure to explicit body zones,  for compressing, supporting, and stabilizing the underlying tissues. They have observed wide-ranging research for usableness in sports, medicine, and body shaping.

North America  led the way for the compression therapy market, with approximately 44% share, in 2022, and it will grow considerably in the years to come. This is mainly because of the surge in the consciousness of conditions requiring compression therapy, increase in the count of orthopedic surgeries, and good presence of the manufacturers of compression therapy products. 

Apart from this, the increasing count of road accidents will bring about an increasing acceptance of compression therapy for the injury healing. 

A rise in elderly population, has a lot to do with the increasing demand for compression, therapy procedures, and this continue to grow at a rapid rate, in the years to come.

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North American Is Dominating Legionella Testing Industry

The global legionella testing market was valued at USD 299.0 million in 2022 and will grow at a rate of about 8.0% during 2021–2030, reaching USD 554.0 million by 2030, according to P&S Intelligence.

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The growth of the market can be credited to the growing occurrence of Pontiac fever, pneumonia, and Legionnaire’s disease. Legionnaires’ illness, also known as legionella pneumonia, is a serious kind of pneumonia triggered by the legionella microorganisms. It spreads from minor droplets of water that comprise the bacteria, or when, falsely, water goes into the lungs while swallowing. 

Approximately 1.4 million kids whose age is below five years expire each year due to pneumonia. Furthermore, every 39 seconds, a kid expires from this common illness.

In 2022, the PCR category had the largest market share. PCR is the most-popular technique utilized for sensing legionella microorganisms as it displays the consequences in one day and is extremely sensitive, accurate, and specific. Furthermore, PCR might be superior to urinary antigen testing in the recognition of this pathogen.

Thus, businesses are providing fast PCR approaches to sense legionella. For example, in January 2023, EMSL Analytical Inc. introduced fast PCR and conventional culturing approaches to sense legionella in the atmosphere, to stop the spread of Legionnaires’ illness.

In 2022, the North American region held the largest revenue share, of 44%, credited to the growing count of patients with legionella contamination and the growth of the healthcare system in this continent. A projected 8,000–18,000 individuals in the U.S. are admitted to infirmaries per annum with Legionnaire’s illness.

Furthermore, in 2022, the South Carolina Department of Health and Environmental Control declared examined Legionnaire’s illness cases in Darlington County. There have been 13 cases of the illness recognized as part of the outburst so far.

Hence, the legionella testing industry is boosted by the increasing occurrence of legionnaire’s illness because of the high levels of water contamination.

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Mobile Video Surveillance Market is Dominated by North America

The size of the mobile video surveillance market was USD 2,250 million in 2022, and it will power at a rate of 8.6% in the years to come, to touch USD 4,337 million by 2030.

On the basis of offering, hardware had a major share, of 42%, credited to the progressions in cameras, for example improved recording quality in low light, cohesive motion sensors for object tracking, encryption of data and other cybersecurity measures, in-built microphones for recording audio accompanied by the video, and support for both cellular and Wi-Fi networks. 

Additionally, the growing acceptance of mobile video surveillance systems globally is credited to the dipping prices of these kinds of cameras, which will further surge the requirement for storage solutions at the highest rate in the years to come.

The transportation vertical will have the largest share, of over 60%, because of the incessant efforts of governments, transport authorities, and companies to deliver more flexible and expedient technologies for offering passengers theft protection, vandalism, fraud, and terrorism. 

With the usage of tablets and smartphones, the concept of the simultaneous monitoring of live video feed comes within reach. The feed can be accessed through mobile devices, for example tablets, smartphones, and laptops, connected to the internet, supporting in improving public safety and security by delivering timely involvement in any unsolicited incident.

North America led the mobile video surveillance market, and it the trend will continue like this in the years to come, with USD 1,080 million. It is because of the rapid acceptance of cutting-edge technologies. 

The region has also observed a number of terrorists and criminal attacks in the recent past, as stated by a market research institution, P&S Intelligence. 

Consequently, the growing usage of these cameras along state and international borders will power the requirement for them in the years to come in North America.

The usage of AI in cameras supports in taking better photos, by enhancing the camera settings accordingly and recognizing objects and scenes intelligently. Before the incorporation of AI, video monitoring was an inert tool and required constant monitoring to determine the existence of suspicious activities. With the incorporation of AI in video examination, systems can monitor a precise activity and respond accordingly.

A complete AI-integrated system also comprises programs to examine the camera’s images and audio, for recognizing humans. The growing demand for real-time and remote access amongst users, to endlessly observe industrial sites, is added an important opportunity solution providers can leverage.

Due to the increasing usage of internet, the demand for mobile video surveillance is on the rise, all over the world.

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Robotic Lawn Mower Accessories Market is Dominated by Europe

The total revenue generated by the robotic lawn mower accessories market was USD 317 million in 2022, and it will grow at a rate of 5.30% in the years to come, to touch USD 480 million by 2030, as per a market report by P&S Intelligence.

The offline category will dominate the industry, because of the presence a numerous conventional retailers and distributors. Though, online channels will become significantly popular in a number of regions in the years to come. 

This is ascribed to the growing consumer predisposition toward online platforms due to a number of benefits, for example click-to-pay options, doorstep deliveries, wide-ranging product comparisons, and discounts. 

Furthermore, the growing count of companies seeking to boost their presence in the market with the help of e-commerce platforms will propel the online category in the years to come.

The residential sector dominates the industry. Residential users prefer grass lawns as they provide improved aesthetics and exterior to residences. 

So, numerous companies offering gardening tools are laying emphasis on increasing their product portfolios for homes. The heavy use of these machines by households in North America and Europe, because of the increasing preference for green, open areas, is powering the industry. 

Furthermore, the increasing pace of infra development, as well as the growing count of households interested in landscaping, has considerably boosted the sale of related equipment and its afterparts in the residential sector.

Blades/knives, had a substantial share of about 17%, in the past, and the sales of these parts will grow significantly in the years to come. The demand for blades will increase as they are the main working part in lawn mowers. This is the reason that blades/knives observe the most deterioration of all the components of mowers, their blunting is also a fact. 

Europe will have the highest revenue from the sales of these blades/knives.

Europe dominated the robotic lawn mower accessories market with 56% share in 2022. Furthermore, the dominance will continue till the end of this decade, and it will be followed by North America. 

The high requirement for accessories is credited to the increasing acceptance of robotic lawn mowers. The fast-growing residential communities in France, the U.K., and Germany, as well as the increasing tourism industry, are encouraging governments for spending on recreational arenas, which, powers the requirement for landscaping apparatus. 

Another important factor powering the requirement for the associated accessories in Europe is trending in DIY gardening.

Growing urbanization, and the increasing interest of people in gardening are the main factors powering the demand for robotic lawn mower accessories all over the globe.

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Restorative Dentistry Industry To Grow Fastest in Asia-Pacific

The total size of the restorative dentistry market was USD 15,789.2 million in 2022, and it will grow at a rate of 6.2% in the years to come, to reach USD 25,608.0 million by 2030, according to P&S Intelligence, a market research firm.

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There is a considerable increase in the incidence of oral health problems globally, particularly among youngsters and the aging people recently. Caries is the most common of these conditions, missing teeth, and periodontal diseases contributing to the increasing acceptance of restorative dentistry.

Dental prosthetics will grow at a rate of about 8% in the years to come. This has a lot to do with the growing demand for dental procedures as a result of the increasing frequency of tooth decay, teeth loss, and other oral health conditions.

The implantology category dominated the restorative dentistry market, with about 50% share, in 2022, and it will grow the fastest in the years to come, due to the growing requirement for dental implants in developed nations.

Europe had the largest share of revenue of, about 45%. This is because of the increasing frequency of dental diseases, the rising geriatric population, the incidence of leading players, and the booming expenditure of the governments on dental care. 

Metallic and ceramic dental implants generate most of the revenue in Europe. Zirconia-based ceramic implants are extensively favored by patients with issues of tooth sensitivity.

Moreover, the U.K. is growing because of the early acceptance of dental implant procedures, growing healthcare spending, and rising awareness on dental hygiene. The growing geriatric population is also powering the market in the nation.

Moreover, APAC will grow the fastest because of huge patient base in India and China. Furthermore, government initiatives and the medical industry expansion are will power the market development in the near future.

Due to the growing requirement of cosmetic and dental surgeries, the demand for restorative dentistry treatments will continue to grow considerably by the end of this decade.

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Plasma Fractionation Industry To Grow Fastest In Oncology Category

The plasma fractionation market was valued at USD 28,605 million in 2022, and it is expected to reach a value of USD 50,638 million, growing at a rate of 7.4%, by 2030 as told in a report by P&S Intelligence.

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The growth of this industry is mainly driven by the increasing elderly populace, which is vulnerable to numerous rare disorders that formulate the requirement for plasma derivatives for treatment. 

During the pandemic, the demand for convalescent plasma increased as it is required for patient treatment, thus advancing the industry growth.

The immunoglobulins category is expected to witness significant growth, at a rate of 7.9%, in the years to come. This is credited to the commercial availability of plasma-derived immunoglobulins and their increasing use, mainly for treating defects related to immune systems or chronic inflammatory demyelinating polyneuropathy patients.

North America held the largest revenue share of the industry, of approximately 55%. This is credited to the current development in the pharmaceutical research and development, the increasing number of plasma collection centers, rising paid plasma donation activities, the increasing population of hemophilic patients, growing product portfolios, and the existence of key players. 

Moreover, Europe has the second-largest share of this industry. This is attributed to the increasing immunodeficiency and bleeding disorders, thus leading to increasing investments in these systems. 

It is because of the increasing adoption of immunoglobulins in numerous therapies the expanding network of plasma collection facilities, and the growing incidence of respiratory problems, the plasma fractionation industry will experience considerable growth in the coming years.

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Liquid Handling System Industry to Observe Fastest Growth In Asia-Pacific

In 2022, the liquid handling system market was USD 4,692 million, and it is expected to reach a value of USD 6,521 million growing at a rate of 4.20%, by 2030 as told in a report by P&S Intelligence.

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This growth is credited to the developing life science industry, increasing investment to develop efficient and innovative therapeutic agents by various companies, and the growing incidence of chronic diseases.

Furthermore, the demand for these products has increased considerably due to the outbreak of the COVID-19. These systems were used in all sorts of laboratory work during the testing of samples for the virus.

India and China, are offering opportunities to various life science companies and drug manufacturers. For example, Pfizer Inc. set up a research and development center at the Indian Institute of Technology Madras, to enhance pharmaceutical research in India.

APAC will grow the fastest, at a rate of over 5.1%, in the years to come, owing to the rising investments in biotechnology. 

China held the largest share in 2022, and it will advance significantly in the coming years. This is mainly credited to the number of research and development activities taking place in the life sciences industry.

Due to the developing life science industries, growing investment to develop effective and innovative therapeutic agents by companies, and rising incidence of chronic diseases, the demand for liquid handling system will grow considerably in the coming years.

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