A Market Place Research – Page 2752

South Africa Fast Food Market Emerging Trends and Will Generate New Growth Opportunities Status 2026

South Africa Fast Food Market by Product Type, Age Group and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019-2026,” the South Africa fast food market size was valued at $2.7 billion in 2018, and is projected to reach $4.9 billion by 2026, growing at a CAGR of 7.9% from 2019 to 2026.

Initially, the South Africa fast food industry was dominated by an oligopolistic market structure. However, in the past two decades, the industry has evolved rapidly comprising independent and chain restaurants. This evolution in the fast food industry is attributed to increase in consumption rate and preference for fast food products among the South African customers. Approximately 25 million customers have been visiting fast food restaurants each year. Processed chicken, burgers, processed fish, pizza, sandwiches, and others are some of the main types of fast food items that are gaining popularity in the South African market. Among these product types, the burger and pizza categories have witnessed faster growth in terms of value sales due to faster store roll-out and arrival of international brands.

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Estimating South Africa to be one of the lucrative markets in the fast food sector, some of the key international players have been investing heavily in the country. For instance, Grand Parade Investments brought Burger King to South Africa and had plans to roll out Dunkin’ Donuts and Baskin-Robbins stores. Furthermore, Taste Holdings converted its St Elmo’s and Scooters outlets to Domino’s and opened two Starbucks stores in 2016.

Some of the key fast food operators, both domestic and international, consider South Africa as the key market in generating sales due to rise in demand for convenience food products. These operators have been strategizing on promoting their product offerings, prices as well as their services to increase their customer base. Furthermore, introduction of customer loyalty programs, weekly specials, and availing regional cuisines attract the customer toward these food products. Thus, strategical promotional activities by fast food operators are one of the key factors that drives the growth of the fast food products in the country.

New entrants are expected to find it difficult in the initial stage to establish their market in South Africa due to some of strategical moves initiated by their potential competitors. For instance, Burger King’s entry into the South Africa market experienced substantial competition from McDonalds. McDonalds reduced the prices, increased meal portions, and opened outlets in areas where the new entrant has its food joints. Therefore, rise in market competition is expected to hamper the market growth.

The South Africa fast food market is segmented on the basis of product type, age group, and distribution channel. Based on product type, the market is divided into processed chicken, burger, processed fish, pizza, sandwich, and others. By age group, it is categorized into below 18 years, 20–35 years, and above 35 years. Based on distribution channel, the market is bifurcated into on-trade and online channel.

Some of the key players operating in the South Africa fast food market are Yum Brands Inc., Famous Brands Inc., McDonald’s Corporation, Nando’s Group Holding Ltd., Taste Holding Ltd., Traditional Brands, King Pie Holdings, Burger King, Hungry Lion, Spur Steak Ranches, and others.

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Indwelling Catheters Market Revenue Growth, Key Players, Qualitative & Quantitative Analysis

The scope of products of indwelling catheters has widened, as it is used to treat various neurological, urological, and other disorders, with the help of improved clinical practices and advanced technologies. Diagnosis, prevention, and treatment is a prime focus of healthcare departments across geographies. Catheterization is a basic co-procedure along with various medical procedures that include, neurosurgery, angioplasty, urological disorders, and specialty catheters; indwelling catheters being a key component in the above procedures. Hence, using ancillary medical devices such as indwelling catheters to treat diseases makes it a lucrative market globally.

List of Key Players

The key players operating in the global indwelling catheters market include Amsino International, Inc, Bactiguard, B. Braun Melsungen AG, Becton, Dickinson and Company, Cardinal Health Inc., Teleflex Incorporated, Coloplast, Medline Industries, Inc., Cook Medical, Inc., Sunmed, Llc.

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Most of the markets are dropping down, owing to the outbreak, including the indwelling catheters market. The global indwelling catheters market is negatively impacted by the pandemic as most countries adopted lockdown to combat the pandemic. In addition, most of the leading companies across the globe have slow down the manufacturing of other vaccines. Furthermore, the individual contributions companies are collaborating to accelerate the development, manufacture, and delivery of vaccines, diagnostics, and treatments for COVID-19

Rise in cases of urological diseases, kidney stones, UTI, diabetes and growth in demand for minimally invasive procedures boosts the growth of the indwelling catheters market. Furthermore, technologically advanced indwelling catheters manufactured with infection resistant coating, minimize catheter-associated infections. Thus, these are preferred by customers (healthcare professionals), which leads to the growth of the indwelling catheter market. Reimbursement plays a vital role to raise the utilization rate of catheters. Increase in reimbursement levels from 4 to 200 catheters per patient per month by Medicare and Medicaid systems in the U.S. particularly for the indwelling catheters contributes to the increase in the utilization rates of catheters in all healthcare set-ups. However, price competition in domestic/local markets, catheter causing infection and inadequate quality assurance hamper the growth of the indwelling catheters market.

In terms of product, the global indwelling catheters market has been classified into 2-way catheters, 3-way catheters, and 4-way Catheters. Furthermore, based on coating type, the global indwelling catheters market has been categorized into hydrogel coating, silver alloy coating, silicone-elastomer, and others. The hydrogel coating segment dominated the global market in 2019, as hydrogel coated indwelling catheters are highly popular, and bonded hydrogel-coated latex catheters are more durable than silicone catheters since their hydrogel coating prevents bacterial adherence and reduces mucosal friction. Hydrogels or polymers coat the catheter, absorbing water to produce a slippery outside surface.

In terms of application, the global indwelling catheters market has been bifurcated into post-surgical care, critical care, urinary incontinence and benign prostate hyperplasia. The post-surgical care segment is expected to expand at a high CAGR from 2020 to 2027. Increase in usage of indwelling catheters among ICU & critically injured patients in hospitals and rise in the number of ICU admissions are likely to drive the segment during the forecast period.

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In North America, the U.S. indwelling catheters market has garnered a dominant share due to the technological advancements, government regulations, rise in incidences of healthcare associated infections (HAI), and increased awareness among the patients and the caregivers. Furthermore, the Asia-Pacific market accounted for the highest CAGR in the forecast period. In Asia-Pacific, key countries included are India, Japan, China, and Australia. Of the stated, China and India collectively constitute large patient-bases of kidney diseases, urological, and other diseases, which boost the volume growth of the market. In addition, increase in healthcare expenditure, improvement in healthcare infrastructure, and growth in medical tourism fuel the growth of the indwelling catheters market.

𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Shea Butter Market: Industry Overview, Trends and Growth Opportunities Forecasted Till 2030

Shea Butter Market by Type (Raw & Unrefined and Refined & Ultra-Refined) and Application (Food and Cosmetics): Global Opportunity Analysis and Industry Forecast, 2021–2030.”. According to the report, the global shea butter industry generated $655.2 million in 2020, and is anticipated to generate $2.4 billion by 2030, witnessing a CAGR of 14.1% from 2021 to 2030.

Shea butter is extracted from the nuts of the shea tree. It is off-white or ivory color. Shea trees are native to West Africa, and most shea butter still comes from that region. Nigeria, Mali, Burkina Faso, Ghana, Côte d’Ivoire, Benin and Togo are top shea nut producing countries. Shea butter has gained significant share in the cosmetic industry and is expected to sustain its share throughout the forecast period. This is majorly attributed to enormous benefits offered to skin such as it is safe for all types of skin, moisturizing effects, anti-inflammatory and it promotes strong antioxidant activity.

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The market for shea butter is likely to grow at a significant rate, owing to their increasing consumption of plant-based food products through cheese and meat. US is the largest shea butter market in North America due to increase in demand from millennial and surge in marketing activities. In addition, improved distribution channels also drive the growth of the product market in North America.

Covid-19 Scenario

The outbreak of the Covid-19 pandemic has had a negative impact on the global shea butter market. The pandemic disrupted the supply chain across the world, which in turn, led to difficulties for key players and vendors during supply of goods. Trade restrictions imposed by several countries across the globe to curb the outbreak of COVID-19 significantly affected global logistics and transportation, thereby impacting the shea butter market negatively.

Based on type, the raw & unrefined segment held the highest market share in 2020, accounting for nearly four-fifths of the global shea butter market, and is estimated to maintain its leadership status throughout the forecast period, owing to multiple benefits associated with unrefined or cold pressed oils. However, refined & ultra-refined segment is projected to manifest the highest CAGR of 16.3% from 2021 to 2030. This is because of its usage in the skin care market, as it is said to diminish the appearance of lines and wrinkles as well as aids in softening the skin and lightning the complexion.

Based on application, the food segment accounted for the largest share in 2020, contributing more than four-fifths of the global shea butter market, and is projected to maintain its lead position during the forecast period. This is because shea butter exhibits functional and enhanced nutritional properties. Moreover, the cosmetics segment is expected to portray the largest CAGR of 16.4% from 2021 to 2030, owing to its usage in a broad range of cosmetic products, including skin care products such as creams, soaps, balms, body butter, lip balms, shaving creams, and hair care products.

Based on region, North America held the highest market share in terms of revenue 2020, accounting for more than one-third of the global shea butter market. This is due rise in health conscious population and improved lifestyle in the countries such as the U.S. However, the Asia-Pacific region is expected to witness the fastest CAGR of 16.4% from 2021 to 2030, owing to rise in demand for plant-based food product and growing vegan & flexitarian population.

The players operating in the shea butter industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include AAK AB, Bunge Ltd., FUJI OIL HOLDINGS INC, 3F Industries Ltd, ADM, Stern-Wywiol Gruppe GmbH & Co. KG, Akoma Cooperative, StarShea, Ghana Nuts Ltd and Shebu Industries ‘.

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Surrogacy Market Qualitative Insights on Application & Outlook by Size, Share, Future Growth

Surrogacy services are availed by people who are unable to conceive naturally. These services assist infertile couples, single parents, and LGBT community to procreate and start a family. IVF and other assisted reproductive technology (ART) procedures, ICSI, and artificial insemination are some of the widely performed fertility services.

List of Key Players

The key players operating in the global surrogacy market include New Hope Fertility Center, IVI RMA Global, Clinic Scanfert, Bourn Hall Fertility Clinic, NOVA IVI Fertility, Houston Fertility Center, Ovation Fertility, Extraordinary Conceptions, Care Fertility Group, Growing Generations LLC.

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Various factors that lead to infertility include problem with sperm or egg production, age, genetic factors, and excessive exposure to some chemicals and toxins. Furthermore, alcohol consumption, steroid use, surgical removal of one of the testicles due to cancer, and diabetes can also result in low sperm count, thereby leading to infertility problems in men. In women, hormonal disorders, benign growths in uterus, abnormal anatomy of the cervix or uterus, blocked fallopian tubes, stress, chemotherapy, kidney, or sickle cell disease may result in infertility. According to the CDC, nearly 10% women population (approximately 6.1 million) aged between 15 to 44 years face difficulty in getting pregnant in the U.S., thereby stimulating the surrogacy market growth.

By type, the gestational surrogacy segment accounted for the largest surrogacy market share in 2015. This segment is expected to exhibit a prominent growth, owing to some key factors such as higher success rates and rise in prevalence of polycystic ovarian syndrome in women, which leads to difficulty in conceiving a child, resulting in escalated demand for surrogate mothers, thereby leading to surrogacy market growth.

By technology, the IVF (with ICSI) segment accounted for the largest surrogacy market share in 2015. This segment is expected to exhibit a prominent growth rate, owing to some key factors such as higher success rates associated with ICSI-IVF in case of poor sperm morphology, poor sperm motility, and low sperm co

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𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Bowel Management Systems Market Overview and Industry Analysis – 2026

According to a new report published by Allied Market Research, titled, “Bowel Management Systems Market by Product, Patient Type, and End User: Global Opportunity Analysis and Industry Forecast, 2018–2026,” the global bowel management systems market size is expected to reach $3.59 billion by 2026, registering a CAGR of 4.5% from 2019 to 2026, in terms of value.

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Bowel management system is used for the management of fecal inconsistency in patients and help them keep the skin free from contaminants and infections. The device is a soft catheter and is inserted into the rectum for fecal management to contain and divert fecal waste. It is mainly used to avert fecal waste from patient’s body and contain liquid and semi-liquid stool. For instance, DIGNISHIELD advance stool management system offered by Bard, is an advanced stool management device that draws from clinical insight to mitigate damage to delicate tissue due to leakage, pressure, and friction. Further, it helps protect patients from exposure, tissue damage, and odor. The device contains a catheter tube assembly, a 60cc syringe, a collection bag, a syringe of lubricating jelly, and a biological odor eliminator.

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Surge in availability of technological advanced devices for fecal management, rise in geriatric population, and surge in fecal inconsistency related disorders are the major factors that drive the growth of the bowel management systems market. Further, growth in awareness regarding the availability of these devices accompanied with launch of new devices addressing the many unmet needs contributes to the market growth of the bowel management system market. However, lack of trained professionals and patient’s discomfort in using these devices hinder the growth of the market. On the contrary, development of the healthcare R&D facilities is expected to create lucrative opportunities for the bowel management systems market. Moreover, development of the healthcare industry and increase in R&D activities undertaken by the key players are expected to boost the market growth during the forecast period

Key Findings of the Study:

By product, the colostomy bags segment accounted for the highest market share of 32% in 2018 and is anticipated to grow at the fastest rate during the forecast period.
By region, North America was the major shareholder and accounted for the highest share of 42% in 2018.
By patient type, the adult segment is expected to grow at a CAGR of 4.9% during the forecast period.
By end user, the hospital segment dominated the bowel management systems market in 2018 and is anticipated to maintain its dominance during the forecast period.

Comprehensive competitive analysis and profiles of major bowel management systems market players such as Coloplast, Medtronic, 3M, B. Braun, CR Bard (BD), Cogentix Medical, Axonics Modulation Technologies, Hollister, Convatec, and Wellspect healthcare are provided in this report.

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Confectionery Market was valued at $210.3 billion in 2019 and to reach $270.5 billion by 2027

According to a new report published by Allied Market Research, titled, “Confectionery Market by Product Type, Age Group, Price Point, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2021–2027,”

The global confectionery market size was valued at $210.3 billion in 2019, and is projected to reach $270.5 billion by 2027, registering a CAGR of 3.6% from 2021 to 2027. The market is expected to exhibit an incremental revenue opportunity of $60.1 billion from 2020 to 2027. The market growth is propelled by several factors such as product innovations, rise in trend of gifting confectionery, economic growth, rise in disposable income, and others.

Consumer habits, tastes, and preferences are constantly evolving. This has led to innovation in the field of confectionery market trends that drives the market growth. Manufacturers are increasing their product range by including functional ingredients, organic herbal fillings, tropical fruit, and nut-based & exotic flavors in product formulations to meet changing consumer demands. Furthermore, the trend of gifting confectionery products, such as cookies, chocolates, bakery items, and others, has enabled to propel the confectionery market growth in the recent years. Brands are constantly establishing unique engaging techniques to seek consumer attention as confectionery products are significantly purchased as a result of impulse buying. These factors have cumulatively enabled to drive the market for confectionery products. However, the volatile nature of raw material prices of sugar and cocoa can hamper the growth of the confectionery market share.

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The outbreak of COVID-19 has caused a severe impact on the confectionery market. The stringent rules and lockdown during the course of 2020 have led to repercussions in the confectionery business, which caused differential impact on raw material supply (agricultural produce, food ingredients, and intermediate food products), trade & logistics, demand-supply volatility, uncertain consumer demand, and affected the workforce at industrial level. One of the major factors that affected the confectionery market size during the lockdown was sales decline as a result of reduced gifting and impulse buying among consumers across the globe.

On the basis of product type, the chocolate category was the dominant segment in 2019 with 35.2% market share. Consumers of all age groups consume chocolate confectionery to satisfy their taste buds. The growth in economic prosperity, especially in emerging countries has driven the market for the chocolate segment. Furthermore, chocolate is the highest per capita (kg) consumed confectionery product across several countries. However, the medicated confectionery segment is anticipated to grow at a faster rate during the forecast period. The increase in prevalence of minor ailments and over-the-counter medications or dietary supplements requires active ingredients such as antacids, vitamins, and herbal extracts. These products majorly propel the growth of the medicated confectionery segment. Furthermore, the rapid growth in geriatric population in the next 10 years is anticipated to boost the market growth for the medicated confectionery segment.

On the basis of age group, the adult category was the dominant segment in 2019 with 58.1% market share. Majority of the population consuming confectionery products globally falls in the adult age range, constituting (16 to 60 years). It is especially driven by the millennials as they are the highest consumers of chocolate products. Furthermore, brands are targeting their products specifically to this demographic group by adopting trends such as unusual colors, popping candy, hot & spicy options, cooling effects, and more interactive & personalized packaging. However, the geriatric segment is expected to grow at a higher CAGR during the forecast period. By the next decade, majority of the population, especially in developed economies, will be aged 60 years and above. Furthermore, the demand for confectionery products is expected to differ from the existing pattern.

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On the basis of price point, the economy category was the dominant segment in 2019 with 44.6% market share. Confectionery products in the economy category are targeted for mass consumption. It comprises the least priced items, and is generally affordable by consumers across all economies. Consumers look for good value, especially when choosing chocolates. However, the mid-range segment is expected to grow at a higher CAGR during the forecast period. The rise in disposable income and factors, such as product innovation, changing consumer tastes/lifestyles and marketing/promotion activities, are expected to propel the market growth for the mid-range confectionery products segment.

On the basis of distribution channel, the supermarket/hypermarket category was the dominant segment in 2019 with 37.9% market share. The growth of the supermarket/hypermarket segment in the confectionery market is attributed to increase in adoption of supermarket/hypermarket in the mature and emerging markets. The one-stop solution provided by these retail formats makes it a very popular option for shopping among consumers. However, the e-commerce segment is expected to grow at a higher CAGR during the forecast period. The establishment of online portals for confectionery products especially in developing countries with large population using the internet boosts the market growth. This platform offers a number of discounts on online purchase of confectionery to attract more customers. Emergence of advanced technology fosters the growth of online business across the globe.

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Based on confectionery market analysis, Europe region accounts for a major confectionery market share with predominance in the chocolate confectionery segment. However, the Asia-Pacific region is expected to witness significant CAGR during the forecast period as a result of growing disposable income, increasing population, and new brand launches from established players.

The key players operating in the global confectionery market include Mars, Incorporated, Mondelez International, Inc., Nestlé S.A., Ferrero Group, Meiji Co., Ltd., The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, Ezaki Glico Co., Ltd., Haribo GmbH & Co. K.G., and Pladis.

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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Veterinary Infectious Disease Diagnostics Market is Expected to Reach $2,404 Million by 2026

Infectious diseases in animals can lead to fatalities if left untreated for long period. Therefore, early diagnosis plays a major role in treatment of animals suffering from these diseases. Furthermore, procedures and tests which are performed to detect the presence of infectious disease is called veterinary diagnosis. In addition, products used in these tests and procedures are called as veterinary infectious disease diagnostics. These diagnostics aid in detection of various infectious disease in animals such as infections caused by viruses, bacteria, and parasites. Moreover, diagnostics can be used in detection of infectious diseases in animals such as cats and dogs

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Rise in ownership of companion animals and surge in animal health expenditure are the major factors that boost the growth of the global veterinary infectious disease diagnostics market. For instance, diagnosis of animal ailments require a considerable amount of funds. Number of consumers who are willing to spend more and are seeking for such services has increased. In addition, increase in prevalence of various infectious diseases among companion animals significantly drives the growth of the veterinary infectious disease diagnostics market. However, lack of awareness related to the use of veterinary infectious disease diagnostics in underdeveloped countries restricts the veterinary infectious disease diagnostics market growth. On the contrary, surge in awareness related to animal healthcare across the globe is expected to offer remunerative opportunities for market expansion during the forecast period.

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The global veterinary infectious disease diagnostics market size is studied on the basis of product type, application, and region. On the basis of product type, it is segmented into immunodiagnostics, molecular diagnostics, and others. By application, it is classified into dogs, cats, and others. By region, it is analyzed across North America (the U.S, Canada, and Mexico) and Europe (Germany, France, Italy, the UK and rest of Europe), Asia-Pacific (Japan, China, India, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Key Benefits for Stakeholders:

This report entails a detailed quantitative analysis along with the current global veterinary infectious disease diagnostics market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment.
The veterinary infectious disease diagnostics market forecast is studied from 2019 to 2026.
The market size and estimations are based on a comprehensive analysis of key developments in the veterinary infectious disease diagnostics industry.
A qualitative analysis based on innovative product types facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.

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Colocation Market: Industry Value is Projected to Reach 202.71 Billion by 2030, at CAGR of 15.7%

Demand for cost-effective IT operations, the requirement of security, reliability, and scalability of data center infrastructure, and rise in demand for eco-friendly data center colocation service drive the growth of the global data center colocation market. Increase in adoption of the hybrid cloud and virtualization and rise in investments to develop advanced data centers present new opportunities in the coming years.

The global colocation market generated $46.08 billion in 2020, and is expected to garner $202.71 billion by 2030, witnessing a CAGR of 15.7% from 2021 to 2030.

Major industry players – China Telecom Corporation Limited, CoreSite Realty Corporation, Cyrusone Inc., Cyxtera Technologies, Inc., Digital Realty Trust, Inc., Equinix, Inc., Global Switch, KDDI Corporation, and NTT Communications Corporation.

The report offers detailed segmentation of the global data center colocation market based on type, enterprise size, industry vertical, and region.

Based on region, North America accounted for the highest share in terms of revenue in 2020, contributing to nearly half of the total share, and is expected to maintain its dominance in terms of revenue by 2030. However, Asia-Pacific is projected to portray the highest CAGR of 19.3% during the forecast period.

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Based on industry vertical, the IT and telecommunication segment contributed to the highest share in 2020, contributing to nearly one-fifth of the global data center colocation market, and is projected to continue its leadership status during the forecast period. However, the media & entertainment segment is estimated to witness the fastest CAGR of 20.0% from 2021 to 2030.

Based on type, the retail colocation segment accounted for the largest share in 2020, holding more than two-thirds of the total share, and is estimated to maintain its lead position during the forecast period. However, the wholesale colocation segment is expected to manifest the largest CAGR of 17.4% from 2021 to 2030.

Covid-19 Scenario:

Many organizations adopted the “work from home” culture due to the shutdown of offices and manufacturing factories. This led to increase in usage of data center colocation facilities for accessibility and security of data.
In addition, education institutions began conducting online classes and examinations. This led to surge in utilization of data center colocation.
Service providers have been carrying out considerable investments in data center colocation facilities due to various factors such as the growth of over the top (OTT) market and increased traffic demand across the world.

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Surgical Retractor Market Registering a CAGR of 3.9% from 2019 to 2026

According to a new report published by Allied Market Research, titled, “Surgical Retractor Market by Product Type, Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the surgical retractor market was valued at $2 billion in 2018, and is expected to reach $3 billion by 2026, registering a CAGR of 3.9% from 2019 to 2026.

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Majority of surgical procedures require incising the skin of the patient to operate on organs. These incisions are small and narrow, which require the use of surgical retractors to keep them open during the surgical procedure. Thus, a surgical retractor is a medical instrument, which is employed in keeping the surgical incision open while a surgeon operates. These instruments work by holding the tissue or organs out of the way to provide a clear view of the surgical site or organ under operation. Hand retractors, self-retaining retractors, and wire retractors are the various retractors available in the market. A self-retaining retractor allows hands-free operation during a surgery, whereas a hand retractor is held by a surgeon during a surgical operation.

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The major factor that contributes to the growth of surgical retractor market include surge in the number of surgical procedures across the globe. Furthermore, other factors such as rise in healthcare expenditure and surge in prevalence of chronic medical conditions that require surgical procedures for treatment fuel the growth of surgical retractor market. In addition, surge in geriatric population worldwide is another major factor that contributes to the growth of market. However, enforcement of stringent regulations by the FDA for the approval of surgical equipment restricts the growth of surgical retractor market. Conversely, high growth potential in developing economies is expected to offer lucrative opportunities during the forecast period.

The surgical retractor market is studied on the basis of product type, application, and region to provide a detailed assessment of the market. By product type, the market is segmented into hand retractor, self-retaining retractors, table-mounted retractors, wire retractors, and accessories. Depending on application, it is fragmented into abdominal surgeries, cardiothoracic surgeries, orthopedic surgeries, obstetric & gynecological surgeries, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA).

Key Findings of the Study:

Hand retractors accounted for approximately one-third share of the market in 2018.
North America accounted for approximately half the share of the market share in 2018, and is expected to maintain this trend throughout the forecast period.
The cardiothoracic surgeries segment is anticipated to grow at fastest CAGR from 2019 to 2026.
The self-retaining retractors segment is expected to grow at a fastest CAGR during the forecast period.

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E-sports Market Value Expected to Reach $4.75 Billion by 2030 with a CAGR of 17.5%, Says Allied Market Research

Major shift toward video games and increase in popularity of e-sports event drive the growth of the global Esports market. Increase in number of tournament & event with huge prize for winners and runner-up team along with long term investment opportunity in the e-sport event present new opportunities in the coming years.

Key industry players – Activision Blizzard, Inc., CJ Corporation, Electronic Arts, FACEIT, Gameloft SE, Gfinity, Kabam, Modern Times Group, Nintendo, NVIDIA Corporation.

The global E-sports market generated $0.94 billion in 2020, and is anticipated to generate $4.75 billion by 2030, witnessing a CAGR of 17.5% from 2021 to 2030.

Based on region, Asia-Pacific, followed by North America held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global Esports industry. Moreover, the same region is expected to witness the fastest CAGR of 19.5% from 2021 to 2030, owing to strong technological growth along with the ongoing development in the gaming sector. The report also includes North America, LAMEA, and Europe.

Based on strimming type, the on-demand segment accounted for the largest share in 2020, contributing to three-fifths of the global E-sports market, and is projected to maintain its lead position during the forecast period. The growth of the segment is attributed to numerous benefits provided by streaming type segment such as high quality of gaming, ease to customize as per the requirement of players and high security of gaming ID, and others. Moreover, the live segment is expected to portray the largest CAGR of 19.5% from 2021 to 2030, owing to rise in adoption of real-time streaming of Esport game due to its cost-effective and easy to broadcast operation.

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Based on component, the platform segment held the highest market share in 2020, accounting for more than two-thirds of the global E-sports market, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to increase in adoption of Esports among the developed country to gain strategic as well as competitive advantage over their competitors. However, services segment is projected to manifest the highest CAGR of 18.6% from 2021 to 2030, owing to surge in adoption of online gaming and virtual tournament of the Esport industry event.

Covid-19 Scenario

The outbreak of the Covid-19 pandemic had slightly affected the implementation of Esport.
However, in the post-lockdown scenario, the growth of Esport is expected to increase with the rise in demand for interactive virtual and online gaming.

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