Global Lime Market: Industry Analysis and Forecast (2020-2026)

 Global Hair Removal Products Market size was valued at US$ 4100 Mn in 2019 and the total revenue is expected to grow at 4.9% through 2020 to 2026, reaching nearly US$ 4940 Mn in the forecast period.

The global Hair Removal Products Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Hair Removal Products Market report also provides trends by market segments, technology, and investment with a competitive landscape.

Global Hair Removal Products Market Overview:

Depilatory cream is a cosmetic preparation used to remove unwanted hair growth on the body. Depilatory cream contains an alkaline chemical that is safely reacting with the body to remove hair. The mechanism of the cream is that they work by breaking down the keratin protein in hair and weakens them by dissolving.

Global Hair Removal Products Market Dynamics:

The global hair Removal Products market was valued at USD 4100 million in the year 2019 and is estimated to reach 4940 million by 2026, with a growing CAGR of 4.9% in the forecast period 2020-2026.

The swelling trend from hair removal and beauty products is driving the market growth of hair removal products. The consciousness together with personal grooming and surging aesthetic appeal are fueling the market growth in the forecast period 2020-2026.

Increasing disposable income of the individual, and spending health hygiene together with personal care products are funding a major contribution to the growth of the market. Moreover, rising technology with advanced hair removal electronic machines like lesser hair removal, tremor, intense pulse light (IPL), Energy-based devices are hitting the market due to convenience and easy & quick hair removal.

The rising cost of raw materials are anticipated to obstruct the growth of the market. As the dispensing of raw materials from one place to another, shipping charges, labor cost, the tariff on import and export, and these factors overall induce the cost of final good also this factor is creating a negative impact on the hair removal market.

Global Hair Removal Products Market Segment Analysis:

The cream is dominating the Product Type segment of the Global Hair Removal Products Market:

Hair removal cream is gaining more attention in the market due to its convenience and easy application also has a quick mode of action. The market share of the cream segment accounted for 39.23% in 2019. Likewise, creams come with additional benefits like moisturizing the skin after hair removal, pleasant fragrance, and lives skin silky and smooth and these benefits are likely to fuel the market growth in the forecast period.

Waxing is second dominating in the global hair removal product market and is growing with a CAGR of 12.6%. This process is widely preferred by women, and women account for 56.4% of the market share in the forecast period as compared to men in the hair removal product market. Further, the low cost of the waxing process is likely to motivate the application.

Global Hair Removal Products Market

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Beauty Clinic sub-segment is trending in the Distribution Channel segment of the Global Hair Removal Products Market.

The beauty clinic sub-segment accounted for the largest market share in the forecast period. The global beauty clinic and spas market was valued at USD 144760 million in 2019 and is estimated to reach USD 217500 million at a CAGR of 6.2% in the forecast period. As beauty clinics and saloons are at easy access and are affordable, with professional service, and tools these elements drive the market growth. Further, high awareness about saloons and their services for skin and hair treatment is auxiliary boosting the market growth of hair removal products. Dermatology clinic is second dominating in the distribution channel segment of the hair removal product market. These clinics are expensive as compared to beauty salons and the services are available on appointments only. This process is conducted by highly professional and skilled persons. And this process is carried out under the supervision of a dermatologist.

Global Hair Removal Products Market

Global Hair Removal Products Market Regional Insights:

North America is dominating in the hair removal product market with a market share of 29.7% in 2019 as the region is highly attracted towards the aesthetic and grooming personalities of the individual. Moreover, due to high disposable income and purchasing power consumers tend to invest more in personal hygiene and beauty products, and the growing demand for electronic devices in the region together with the rapid advancement and huge investments by the market players is further motivating the market growth. Moreover, lesser treatment and application of cosmetic products is higher as compared to any other region in North America.

The Asia Pacific is marked as the fastest-growing region with a CAGR of 6.8% in the forecast period due to growing modernization and a growing young population. Moreover improved living standards are further boosting the market growth of hair removal products in the region. China is the fastest-growing company in the Asia Pacific and is likely to reach USD 374.3 Million with a CAGR of 11.5% in the forecast period and Japan is likely to grow at 4.3% in the forecast period.

Key Industrial Development

• Vi-john- Vi-john Company declared India’s first men hair removal cream- MasterStrock for Men. This product is particularly design for thick skin and rough and harsh hair growth. This product is dermatologically verified and tested to offer safe hair removal for men.

Global Hair Removal Products MarketThe objective of the report is to present a comprehensive analysis of the global Hair Removal Products Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Hair Removal Products Market dynamics, structure by analyzing the market segments and project the global Hair Removal Products Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Hair Removal Products Market make the report investor’s guide.

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Global Hair Removal Products Market

Global Hair Removal Products Market, by Region

• North America

• Europe

• Asia Pacific

• The Middle East and Africa

• South America

Global Hair Removal Products Market Key Player

• Reckitt Benckiser

• Church & Dwight

• Procter & Gamble

• Philips

• Emjoi

• Sally Hansen

• VI-John

• Nads

• Revitol

• Codream

• Beiersdorf AG

• Procter & Gamble

• GiGi

• Oriflame Holding AG

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Global Casino Management System Market – Industry Analysis and Forecast (2019-2026)

 Global Casino Management System Market was valued US$ 4.61 Bn in 2019 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX% during a forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.



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Surging demand for gaming and rising social acceptance for casinos are major factors which drives growth of the global casino management system market. Moreover, large amounts of currency transactions in casinos, which may tempt both staff and patrons to cheat and steal are another factor fueling demand for casino management system market. Governments are permitting these establishments to increase economic growth and promote international tourism. However, legalization and increase of online gaming marketplaces are limiting the market from realizing its utmost potential.

However, security concerns related with use of casino management system is a key factor which restrict growth of the global casino management system market. Moreover, high deployment costs associated with casino management system market and government regulations on gambling in some developing economies are some other factors anticipated to hinder growth of the global casino management system market over the forecast period.

The growing demand for casinos in emerging markets which includes Japan and Macau among others serves as opportunity for casino management system market.

The global casino management system market is segmented into purpose, component, end-user, and region. Based on purpose, the casino management system market is divided into security & surveillance, accounting & cash management, player tracking, property management, and marketing. On the basis of component, the casino management system market is classified into hardware and software. In terms of end user, the casino management system market is categorized into small & medium casinos and large casinos. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Based on purpose, Security & surveillance segment accounted for the XX% share in 2018. Advancements in automated security system are also estimated to translate into greater deployment of casino management system market during the forecast period. Casinos include a high monetary transactions that attracts a lot of fraud and spoof attacks prominent to an increased adoption of security and surveillance system.

In terms of region, the market in North America is anticipated to account for XX% share in terms of revenue and is estimated to maintain its dominance over the next few years followed by Europe. Moreover, the market in the Asia Pacific is estimated to register XX% growth rate over the forecast period, owing to rising social acceptance for casinos and growing number of casinos in emerging economies such as China and India.

The key players operating in the Global Casino Management System Market are Agilysys, Inc., Aristocrat Technologies Australia Pty Ltd., Advansys Limited, Avigilon, Bally Technologies, Inc., Cyrun, Casinfo Systems, Dallmeier, Intercard Inc., and Honeywell International Inc.

The objective of the report is to present a comprehensive analysis of the Global Casino Management System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Casino Management System Market dynamics, structure by analyzing the market segments and project the Global Casino Management System Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Casino Management System Market make the report investor’s guide.

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Global Casino Management System Market by Purpose

• Security & Surveillance
• Accounting & Cash Management
• Player Tracking
• Property Management
• Marketing
Global Casino Management System Market by Component

• Hardware
• Software
Global Casino Management System Market by End User

• Small & Medium Casinos
• Large Casinos
Global Casino Management System Market by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Casino Management System Market

• Agilysys, Inc.
• Aristocrat Technologies Australia Pty Ltd.
• Advansys Limited
• Avigilon
• Bally Technologies, Inc.
• Cyrun
• Casinfo Systems
• Dallmeier
• Intercard Inc.
• Honeywell International Inc.
• International Game Technology (IGT)
• Konami Corporation
• Micros Systems, Inc.
• LGS
• Next Level Security Systems, Inc.
• HCL Technologies Limited
• Novomatic
• Scientific Games
• Oracle
• Winsystems
• Panasonic
• Ensico Gaming
• Apex Pro Gaming
• Playtech
• Wavestore
• Tangam Systems
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Global Magnesium Metal Market -Forecast and Analysis (2020-2027)

 Global Magnesium Metal Market was valued at USD xx Bn in 2019 and is expected to reach USD xx Bn by 2027 at a CAGR of xx% over the forecast period 2020-2027.

The report covers an in-depth analysis of COVID 19 pandemic impact on Global Magnesium Metal Market by region and on the key players’ revenue affected till April 2020 and expected short term, and long-term impact on the market.

Global Magnesium Metal Market Dynamics

Magnesium is very chemically active, it takes the place of hydrogen in boiling water and a great number of metals can be produced by thermic reduction of its salts and oxidized forms with magnesium. It joins together with most non-metals and almost every acid. Magnesium is the eighth-most abundant element and constitutes about 2% of the Earth's crust by weight, and it is the third most plentiful element dissolved in seawater. It is abundant in nature and is found in important quantities in many rocky minerals, like dolomite, magnetite, olivine, and serpentine. It is also found in seawater, underground brines, and salty layers. Various factors such as increasing use of magnesium metal as a refractory material in furnace linings for producing cement & glass, rising demand from the automotive sector, increasing investment by major players in R&D and growing magnesium consumption to remove sulphur in the production of steel & iron and for titanium production are driving the global magnesium metal market over the forecast period.

However, factors such as the explosive nature of magnesium & its alloys and harmful emission of UV light when burnt are restraining the market growth over the forecast period.

Global Magnesium Metal Market is segmented by application and by region. By application, the automotive application segment dominated the global market in 2019 and is expected to keep its dominance over the forecast period. Factors such as rising demand for magnesium metal in the automotive industry for the production of various automobile parts, increasing adoption of magnesium metal in making of aluminium alloys, and increasing usage of magnesium for die-casting are expected to fuel the growth of the market growth this segment over the forecast period. Major automobile companies such as Mercedes, Porsche, BMW, and Chevrolet use magnesium and its alloys in their engines and body parts. The Automobile application segment is followed by electronics. The Expanding electronics industry is expected to propel the demand owing to its superior electrical & mechanical properties. Growing usage in laptops, mobile phones, tablets, cameras, and computers is further expected to fuel the market growth of this segment.

By geography, the Asia Pacific dominated the global market in 2019 and is expected to keep its dominance over the forecast period. Various factors such as rapid industrialization, growing automotive sector, growth in the electronics industry particularly in China are driving the market growth in this region. China is the largest producer and consumer of magnesium and its alloys. In China, a new 100,000ton per year plant in Qinghai Province, completed in 2017 started producing magnesium from lake brines and was expected to ramp-up to full capacity by Dec 2020. Estimated production in China in 2018 decreased by approximately 15% compared with that in 2017, owing to shutdowns in the second half of the year ordered by regulators to decrease pollution and conserve energy. APAC is followed by North America and Europe. North America is expected to hold xx% of market share over the forecast period owing to the growing R&D in the aerospace and automotive sector. Increasing the use of magnesium and its alloys in the manufacturing of automotive engines, alloy wheels, and aircraft body is expected to drive the market growth in this region.

The report covers in-depth analysis of key development, marketing strategies, supply-side and demand-side indicators. Key players are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches, and patents to increase their regional presence and business operations.

The objective of the report is to present a comprehensive analysis of the Global Magnesium Metal Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Magnesium Metal Market dynamics, structure by analyzing the market segments and project Global Magnesium Metal Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Magnesium Metal Market make the report investor’s guide.

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Global Magnesium Metal Market, by Application

• Aluminium alloys

• Die-casting

• Automotive industry

• Aerospace industry

• Electronics industry

Global Magnesium Metal Market, by Region

• North America

• Europe

• Asia Pacific

• South America

• Middle East & Africa

Global Magnesium Metal Market Major Players

• VSMPO-Avisma

• Solikamsk Magnesium Works

• US Magnesium

• Dead Sea Magnesium

• Nippon Kinzoku

• Sunglow Group

• POSCO

• Magnohrom

• Nevada Clean Magnesium Inc.

• Magontec Ltd.

• Latrobe Magnesium Ltd.

• DunAn Magnesium

• FuguTongyuan

• Regal Magnesium

• CVM Minerals Limited

• Rima Industrial

• Gossan Resources Ltd

• US Magnesium

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Global Magnesium Oxide Nanopowder Market- Industry Analysis and Forecast (2019 to 2027)

 Magnesium Oxide Nanopowder Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at CAGR of 9.00 % during forecast period of 2019 to 2027.

Magnesium oxide (MgO) nanopowder is processed by using magnesium ore as a raw material. Magnesium Oxide has high melting point and non-toxic hygroscopic solid mineral. The applications of Magnesium oxide are in fuel additive, glass, cement, ceramics, and furnaces linings is its displays magnetic, electrical, optical, and chemical properties because of its small particle size and large specific surface area.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Magnesium Oxide Nanopowder Market Drivers and Restrains

The Magnesium Oxide Nanopowder Market has witnessed considerable growth in forthcoming years, because of growth in its different applications in various industries. The mandate for magnesium oxide Nano powder has been growing from the electronic sectors, thanks to its increasing demand as a high-temperature dehydrating agent for the production of electronic material, silicon steel sheet, and high-grade ceramic material which make it an additive material and ideal ingredient for insulated conduits, manufacturing electrodes, and various other electronic devices and parts.

Increasing Electronics manufacturing in countries of Asia-Pacific region, such as Japan, India, and China, which are driving the magnesium oxide nanopowder market during the forecast period. The production in Japan remains strong for products providing high quality and reliability, semiconductors, and electronic equipment. China is embracing with its growing electronics industry. The average yearly growth rate of Chinese electronic industry is more than XX%. The demand for magnesium oxide nanopowder is expected to increase during the forecast period. The selling price for Magnesium oxide (MgO) is approximately US$ 139 per Kg.

Magnesium Oxide Nanopowder Market Segmentation Analysis

The global magnesium oxide nanopowder market is segmented on the basis of end user and region. In terms of end user, the market is segmented into furnaces and boilers, paints and coatings, electronics, construction, and electrical. Among the all segment, furnace and boilers held the XX % share in the market. Magnesium oxide nanopowder which retain a higher thermal stability is an idle material for refractories that is used by furnace linings and boilers. Apart from these, because of fire-retardant and anti-corrosion properties, magnesium oxide nanopowder is extensively used in paints and coatings applications. As a result of high insulating nature of magnesium oxide nanopowder, it finds its usage as a filler in electric insulating material which is applied in crucibles, insulated conduits, electrode sheets, electrode bars, and smelters.

Magnesium Oxide Nanopowder Market Regional Analysis

On the basis of region, Magnesium Oxide Nanopowder market divided into five regions such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, the North America had the XX% market share in 2018 and is projected to lead the market during the forecast period, because of emerging economies and growth in automotive industries. Furthermore, in India the construction sector is increasing at a higher rate with new construction activities and urbanization projects such as roads, railways (metro rails), urban infrastructures, and buildings in over 30 cities. Foreign Direct Investment (FDI) in the construction sector and growing population are projected to drive the demand for magnesium oxide nanopowder during the forecast period.

The objective of the report is to present comprehensive analysis of Magnesium Oxide Nanopowder Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Magnesium Oxide Nanopowder Market dynamics, structure by analyzing the market segments, and project the Magnesium Oxide Nanopowder Market size. Clear representation of competitive analysis of key players by Magnesium Oxide Nanopowder Type, price, financial position, product portfolio, growth strategies, and regional presence in the Magnesium Oxide Nanopowder Market make the report investor’s guide.

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Magnesium Oxide Nanopowder Market, by End-user

• Furnaces and boilers

• Paints and coatings

• Electronics

• Electrical

• Construction

• Others (Including petrochemical, textile, etc.)

Magnesium Oxide Nanopowder Market, by Region

• Asia Pacific

• North America

• Europe

• Latin America

• Middle East Africa

Magnesium Oxide Nanopowder Market, Major Players

• American Elements

• American International Chemical Inc.

• Eprui Nanoparticles & Microspheres Co. Ltd.

• Inframat

• Martin Marietta Magnesia Specialties Inc.

• Nabond Technologies Co.

• Nanoscale Corporation

• Nanostructured & Amorphous Materials Inc.

• Reinste Nano Ventures

• Sigma-Aldrich

• Skyspring Nanomaterials

• Service Chemical, Inc. - Hatfield, PA

• Rauschert Technical Ceramics Industries - Atlanta, GA.

• Superior Supplement Manufacturing - Fountain Valley

• Nutritional Supplement Manufacturers, Inc.

• Aremco Products, Inc.

• Reagents - Charlotte, NC.

• ACI Alloys - San Jose, CA.

• Prochem, Inc.

• Merck KGaA

• US Research Nanomaterials, Inc.

• Strem Chemicals, Inc.

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Global White Box Server Market – Industry Analysis and Forecast (2019-2027)

 Global white box server market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 18.6% during the forecast period.

Global White Box Server Market

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The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Global white box server market Definition

The White box server is a data center computer and is not manufactured by a well-known brand. White box servers can be home built and can be built by white box server ODMs, suppliers, and providers.

Global white box server market Dynamics

Large scale adoption of white box servers in large data centers and enterprise solutions which are run by Internet companies such as Facebook or Google is a major driving factor behind the growth of the market. An increasing number of data centers, growing acceptance of open platforms such as project Scorpio, open compute project, and more and increasing requirements of low cost and high customized white box servers are expected to improve the growth of the market during the forecast period. The increasing popularity of white box servers as it supports more resource-intensive applications and surges in the adoption of white box servers in many web-scale companies due to its benefits such as ease of maintenance and support, cost savings and customization is further propelling the growth of the market.

However, less reliability and lack of redundancy are major restraining factors that could hamper the growth of the market.

Global White Box Server Market: Segmentation Analysis

By form factor, rack and tower server segment dominated the market in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. A tower server is the most widely used server in the IT market and its exterior looks like regular PCs. Rack and tower servers provide businesses or enterprises cost associated benefits from other form factors, provides a higher level of performance and higher level applications. Thus, the growing adoption of rack and tower servers in conventional IT infrastructure is expected to propel the growth of the market.

Alternatively, the density-optimized server segment projected to witness fast growth at CAGR of XX% during the forecast period. Large scale adoption of density optimized server in large scale data center infrastructure due to its benefits such as improved energy efficiency and ability to handle huge server loads is propelling the growth of the market.

By business type, the data center segment projected to witness fast growth at CAGR of XX% during the forecast period. The growing digital revolution, an increasing number of data centers with the wide-scale adoption of white box server to manage a high quantity of data, and supporting numerous devices & applications is attributed to the growth of the market. Increasing cost-saving benefits associated with white box servers than branded servers is grabbing more attention from big data centers which are operated by huge cloud service providers such as Facebook, Google, AWS, IBM cloud, and more is improving the growth of the market.

Global White Box Server Market: Regional Analysis

Region-wise, North America held the largest market share in 2019 and is projected to witness high growth at CAGR of XX% during the forecast period. The US and Canada are major key contributors behind the growth of the market. The growth is attributed to the presence of a huge number of data centers with the large scale adoption of white box servers. The research found that there are about 3 Mn data centers are present in the United States and most of the data centers are enclosed in small and medium businesses, enterprises, and organizations.

The growing use of information communication technologies and increasing digitization of data centers and enterprises and rising research and development activities by leading market players are impelling the growth of the market in the NA region.

The objective of the report is to present a comprehensive analysis of the Global White Box Server Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global White Box Server Market dynamics, structure by analyzing the market segments and projects the Global White Box Server Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global White Box Server Market make the report investor’s guide.

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Global White Box Server Market, By Form Factor

• Rack & tower servers

• Blade servers

• Density-optimized servers

Global White Box Server Market, By Business Type

• Data centres

• Enterprise customers

Global White Box Server Market, By Processor

• X86 servers

• Non-X86 servers

Global White Box Server Market, By Operating System

• Linux

• Others (Windows, UNIX)

Global White Box Server Market, By Region

• North America

• Europe

• Asia Pacific

• South America

• Middle East and Africa

Global White Box Server Market, Key Players

• Quanta Computer Inc

• Wistron Corporation

• Inventec Corporation

• Hon Hai Precision Industry Company Ltd

• MiTAC Holdings Corp

• Celestica Inc

• Compal Electronics

• Hyve Solutions

• Penguin Computing

• Servers Direct

• Stack Velocity Group

• Super Micro Computer Inc

• Silicon Mechanics

• ZT Systems

• Curvature

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Global Endosurgery Devices Market: Industry Analysis and Forecast (2020-2026)

 Global Endosurgery Devices Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 3.8 % through 2020 to 2026, reaching nearly US$ XX Bn.

Analysis of the Global Endosurgery Devices Market is done by keeping 2019 as the base year. Though the availability of quantitative data from the year 2020 is insufficient, data from major players and established markets is considered for forecasting the market through 2026. This report has taken data from 2015 and onwards to forecast the growth of the Global Endosurgery Devices Market through 2026. Special attention is given to 2020 and the effect of lockdown on the manufacturer and consumer is analyzed thoroughly.
Global Endosurgery Devices Market Overview:

Endosurgery is a type of small and minimally invasive surgery that requires less time to perform. The procedure for doing Endosurgery consists of inserting a small video endoscope in the body part to detect the issue and perform surgical processes. Endosurgery requires limited time to perform and holds recovery time up to 6 weeks or even lesser. Endosurgery is the preferred medium to perform cancer staging operations, gallbladder surgeries, hernia repairs, bowel resections, and appendectomies.

The rising preference for small surgeries to treat health-related issues has resulted in increased demand for Endosurgery Devices. An increase in the number of people suffering from health-related issues, rising preference for surgeries as the one-time solution, and increased expenditure on improving health conditions by people around the world have resulted in a growth in the Global Endosurgery Devices Market.
Global Endosurgery Devices Market Dynamics:

A report by the UN published in June 2019 states that more than 9% of the global population holds an average age above 60 years. The same report predicts that by 2050 more than 16% of the global population will have an average age of 65 years. Increased age results in various diseases like cataracts, osteoarthritis, and chronic obstructive pulmonary diseases. Endosurgery provides a delicate and efficient medium to treat these issues with minimal aftereffects. Lesser duration and quick recovery time have resulted in increased preference for Endosurgery by old people.

The fast-paced lifestyle has resulted in increased demand for short-duration operative procedures. Advancement in technology has resulted in less time for detection and better recovery time after surgeries. The increased need for multiple surgeries to fight severe health conditions has resulted in a rise in preference for Endosurgery by people living in urban areas.

A report by WHO published in August 2017 states that more than 6.5% of the global adult population suffers from obesity. Endosurgery provides a one-time solution to the issue of obesity and helps in saving the time required to lose weight by the method of exercise and dieting. The rising preference for the option of Bariatric Surgery to treat obesity has resulted in increased preference for the use of Endosurgery and demand for Endosurgery Devices by the hospitals treating obesity.

A new estimation by the International Agency for Research on Cancer states that globally, 1 out of 8 men and 1 out of 11 women develop cancer during their lifetime. This estimate suggests that more than 50 million people are living within 5 years of a past cancer diagnosis. Increased preference for removing internal body organs to save their lives from the possibility of cancer has resulted in increased demand for Endosurgery. A rise in preference for surgical options to prevent cancer has resulted in increased demand for Endosurgery devices by the Healthcare sector.

Little time required for recovery acts as the major driving factor for the growth of the Global Endosurgery Devices Market.
Restraints:

The high cost of Endosurgery Devices are the major restraining factor. Less expenditure on the diagnosis of diseases at an early stage by the people living in developing and underdeveloped countries are limiting the growth of the Global Endosurgery Devices Market.
Global Endosurgery Devices Market Segment Analysis:

By Product, An increase in health awareness has resulted in an 8% increase in demand for Endomechanical Devices, especially Endoscopy Visualization systems. The rising preference for minimally invasive surgeries by people has resulted in a 6.3% increase in demand for Electrosurgical Devices by the Healthcare sector.

By End User, hospitals having special surgery departments cover more than 35% of the Endosurgery Devices present in the market. Increased preference for Specialty Clinics and Nursing Homes by old people have resulted in a 4% increase in demand for Endosurgery Devices in the US and Europe. The presence of surgical equipment and fast reach to patients has resulted in a rising preference for Ambulatory Surgical Centers. The presence of features like on-demand service has resulted in a 3.3% increase in demand for Endosurgery Devices by the Ambulatory Surgical Centers present in the ASEAN region.

By Application, An increase in the number of people suffering from hernia and appendix has resulted in a 6.6% increase in demand for Endosurgery Devices to treat abdominal issues. The rising preference for surgeries to treat gynecological issues have resulted in an 11% increase in demand for Endosurgery Devices by the hospitals dealing with Gynecological issues.

An increase in demand for surgeries to treat obesity has resulted in a 4.4% increase in demand for Endosurgery Devices to perform Bariatric Surgeries. Increased preference for an organ transplant by people suffering from genetic or severe health-related issues has resulted in a 5.1% increase in demand for Endosurgery Devices to perform Transplant Surgery. Different other surgeries require Endosurgery Devices for the detection and elimination of health-related issues.

Global Endosurgery Devices Market

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The preference for hospitals equipped with advanced equipment by people living in cities has resulted in a 4.6% increase in demand for Endosurgery Devices by Hospitals presents in metropolitan and urban areas. An increase in the number of people visiting medical establishments that deal in only one type of disease has resulted in a 2.4% increase in demand for Endosurgery Devices by Specialty Clinics.

An increase in the number of old people living in care homes has resulted in a 1.7% increase in demand for Endosurgery Devices by Nursing Homes that take care of old people. Increased preference for advanced surgical equipment installed in mobile hospitals to treat people in rural regions has resulted in a 2.2% increase in demand for Endosurgery Devices by Ambulatory Surgical Centers. Different research and education institutes use Endosurgery Devices as per need.
Global Endosurgery Devices Market Regional Insights

The presence of a large population with increased health awareness has resulted in a 4.7% increase in demand for Endosurgery Devices in North America. The rising demand for advanced technology has resulted in a 3.3% increase in demand for Endosurgery Devices by the healthcare sector present in this region.

Increased health concerns and rising demand for minimally invasive surgeries have resulted in a 3.6% increase in demand for Endosurgery Devices in Europe. An increase in the number of people above the age of 65 years has resulted in a 2.3% increase in demand for Endosurgery Devices by the Nursing homes present in this region.

An increase in demand for advanced equipment by the healthcare sector has resulted in a 2.6% increase in demand for Endosurgery Devices in the Asia-Pacific. An increase in per capita income has resulted in a 1.6% increase in demand for Endosurgery Devices by the ASEAN region.

The South American market is showing a growth rate of 1.6%, the reason for which is the presence of a moderate healthcare sector. The Middle East and Africa’s market is showing a growth rate of 1.3% which is concentrated in countries like Jordan, UAE, Israel, and Saudi Arabia.

Global Endosurgery Devices Market 1

The objective of the report is to present a comprehensive analysis of the global Endosurgery Devices market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Endosurgery Devices market dynamics, structure by analyzing the market segments and Project the global Endosurgery Devices market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Endosurgery Devices market make the report investor’s guide.

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Global Endosurgery Devices Market Scope: 

Global Endosurgery Devices Market, by Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Endosurgery Devices Market Key Players

• Olympus Corporation
• Meril Life Sciences Pvt. Ltd.
• CONMED Corporation
• Reach Surgical
• Ethicon, Inc.
• Medtronic PLC
• Stryker Corporation
• Karl Storz SE & Co. KG
• Erbe Electromedizine GmbH
• Healthium Medtech
• Coloplast Pty Ltd.
• HK Surgical Inc.
• Cooper Surgical, Inc.
• MedGyn Products
• B. Braun Melsungen AG
• Richard Wolf GmbH
• Sklar Surgical Instruments

 

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Global Food Allergen Testing Market: Industry Analysis and Forecast (2020-2026)

 Global Food Allergen Testing Market size was valued at US$ XX Mn. in 2019 and the total revenue is expected to grow at 8.7% through 2020 to 2026, reaching nearly US$ 11309.5 Mn. in the forecast period.

The global Food Allergen Testing Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Food Allergen Testing Market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Food Allergen Testing Market Overview:

Food Allergy is a condition that hits the immune system of the human body to react against the non-allergic food substance as it is a virus, bacteria, or infectious disease. And this allergy leads to rashes, itching, abdominal pain, vomiting, nausea, and various others. Allergic conditions vary with every individual and the corresponding immune system. This can be a mild allergy at times and can lead to severe allergy as well.
Global Food Allergen Testing Market Dynamics:

The global Food Allergen Testing market was valued at USD 703.19 million in 2020 and is estimated to reach USD 11309.5 million by 2026 at a growing CAGR of 8.7% in the forecast period.

The Rising awareness in individuals concerning food safety and the standards is likely to fuel the market of allergy testing in the coming future. As consumers are demanding fresh food and less preservative added packed food. This factor has augmented the adoption of food safety and efficacy standards. Food allergy is most common in children than in the elderly population. And many children outgrow an allergy as they grow older as the immune system grows and inculcate the environment.

Around 90% of allergies are caused by milk, soy, wheat, lactose, eggs, fish, shellfish, and tree nuts like almonds, walnuts, pecans, and cashews. To avoid adverse effects of allergy, allergy testing is performed as an allergy may attack the respiratory system, digestive system, and skin. Moreover, the increased frequency of food allergies has developed public health issues. And this factor is boosting the market growth of the allergy testing market in the forecast period.
Global Food Allergen Testing Market Segment Analysis:

Peanut and Soy are dominating the Source segment of the Global Food Allergen Testing Market:

Peanut and soy are estimated to grab more attention in the source segment of the global food allergen testing market as the peanut is the most common and frequently seen allergy in all the age groups. And soy allergy is observed more in children and infants. Some individual’s immune system overacts when peanuts enter the body and identify the peanut protein as a threat to the human body and this cause's peanut allergy. Peanut and soy allergy can cause irregular breathing rate, swelling in the throat with pain, a sudden drop in blood pressure, pale skin or blue lips, fainting, and dizziness, and this can lead to severity. Peanut allergy is most common in the US. The rate of peanut allergy in the US is 1 in 250 children and 1 in 70 adults. Moreover, the allergy has triplicated in USD due to consumption of false peanuts, however, the reason for the cause is not clear.

Global Food Allergen Testing Market

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Enzyme-Linked Immunosorbent Assay (ELISA)/Immunoassay-based technology sub-segment is trending in the Technology segment of the Global Food Allergen Testing Market.

Enzyme-Linked Immunosorbent Assay (ELISA)/ Immunoassay-based technology is dominating the global food allergens testing market. As Enzyme-Linked Immunosorbent Assay (ELISA) testing is carried out on protein’s characteristic as it binds to specific enzyme-labeled antibodies. Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market is estimated to grow at a CAGR of 8.3% in the forecast period of 2020-2026.

Further, the arrival of the latest technologies and developments in cost-effective technologies with effective results are the major factors boosting the demand for the Enzyme-Linked Immunosorbent Assay (ELISA) testing market. Moreover, ELISA testing offers advantages like Simple procedure, High specificity, and sensitivity, due to an antigen-antibody reaction and this makes it more favorable in the market. Stringent rules and regulations imposed by the government and the healthcare ministry are likely to challenge the market growth as the innovation in the medical sector need approval from the healthcare ministries and this process is time-consuming.

Processed Food sub-segment is trending in the Food Tested segment of the Global Food Allergen Testing Market.

The processed Food segment is likely to gain more revenue and has the largest market and is the fastest-growing segment in the forecast period. Moreover, processed food alternatives have high allergens as compared to others. In processed food products snacks and spices are difficult to identify to test allergens due to the addition of multiple ingredients. And this is further fueling the growth of the allergens test market during the forecast period 2020-2026.

Global Food Allergen Testing Market
Global Food Allergen Testing Market Regional Insights:

Europe is dominating the regional segment of the Food Allergen Testing market in the forecast period of 2020-2026. The growth of food allergens testing in Europe is attributed to the allergies caused by peanut, tree nut, and fish as these allergies are the most common allergies faced in Europe. The rate of allergy in Europe is 3.4% in children and 5.6% in adults. According to the European Academy of Allergy and Clinical Immunology (EAACI), around 17 million Europeans have faced food allergies and have been hospitalized for severe reactions. The demand for allergy testing in Europe is driven by the awareness in consumers regarding the sensitivity of certain food allergies in the individuals and rigorous government rules and regulations concerning undeclared allergies in the region.

Global Food Allergen Testing Market

The objective of the report is to present a comprehensive analysis of the global Food Allergen Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Food Allergen Testing Market dynamics, structure by analyzing the market segments and project the global Food Allergen Testing Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Food Allergen Testing Market make the report investor’s guide.

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Global Food Allergen Testing Market Scope:

Global Food Allergen Testing Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Food Allergen Testing Market Key Player

• SGS SA,
• Intertek (UK),
• Eurofins E (Luxembourg)
• MerieuxNutrisciences Corporation
• TUV SUD PSB Pte Ltd.
• Eurofins Scientific SE
• MicrobacLaboartories
• ALS Limited
• Asurequality Ltd.
• Symbio Laboratories
• Romer Labs Diagnostic GmbH
• Intertek Group PLC

 

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Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market: Industry Analysis

 Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 8.3% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.

The global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Overview:

ELISA stands for Enzyme-Linked Immunosorbent Assay. This test is used in laboratory tests to identify antibodies in the blood samples. Antibodies are proteins produced by the body's immune system when it detects harmful substances, called antigens.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Dynamics:

Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market is estimated to grow at a CAGR of 8.3% in the forecast period of 2020-2026. The Enzyme-Linked Immunosorbent Assay (ELISA) testing market is anticipated to gain more attraction in the forecast period due to the occurrence of infectious diseases like hepatitis, dengue, hepatitis, AIDS, Cancer, and neurological disorders. Moreover, the growing population and demand for cost-effective diagnosis are further motivating the market growth of the Enzyme-Linked Immunosorbent Assay (ELISA) testing market in the forecast period 2020-2026.

Further, the arrival of the latest technologies and developments in cost-effective technologies with effective results are the major factors boosting the demand for the Enzyme-Linked Immunosorbent Assay (ELISA) testing market. Moreover, ELISA has few advantages like Simple procedure, High specificity, and sensitivity, due to an antigen-antibody reaction and this makes it more favorable in the market. Stringent rules and regulations imposed by the government and the healthcare ministry are likely to challenge the market growth as the innovation in the medical sector need approval from the healthcare ministries and this process is time-consuming.
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Segment Analysis:

Sandwich ELISA is dominating the type segment of Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market:

A sandwich ELISA is used in measuring antigen between two layers of antibodies (capture and detection antibody). The target antigens have two antigenic sites accomplished for binding to the antibodies. Monoclonal or polyclonal antibodies are used for capturing and recognizing antibodies in sandwich ELISA systems. Sandwich ELISA is best for the detection of immunological response and this factor is supporting the growth of the market. Moreover, Sandwich ELISA is the most sensitive test among all with high flexibility and increased specificity, as various antibodies bind to the same antigen for recognition or detection. The Advantage of Sandwich ELISA is that the sample does not have to purify before analysis. And this factor drives the market growth of the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market.

Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market

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Infectious diseases are trending in the application segment of the Global Enzyme-Linked Immunosorbent Assay (ELISA) testing market.

Infectious Diseases are dominating the application segment of the ELISA market due to rising incidents of chronic diseases and infectious diseases. Infectious blood-borne diseases like HIV, HBV, HCV, HTLV, Diphtheria, Giardiasis, and various others. As ELISA tests offer quick and accurate results, high sensitivity, automated and simple to perform, and do not need radioactive substances or costly radiation apparatus and this factor dominates the application segment of the global Enzyme-Linked Immunosorbent Assay (ELISA) testing market. In addition, rapid advances in the technology and the detection parameters, and cost-effective testing is further boosting the market growth of the application segment in the forecast period of 2020-2026.

Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market 1
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Regional Insights:

North America is dominating the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market in the regional segment due to rapid advances in healthcare infrastructure and facilities. In addition, the penetration of technology with high-end medical services and devices is further fueling the growth of North America in the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market in the regional segment. Further, the economy of the country and the purchasing power of the individual is anticipated to boost the demand for ELISA testing due to accuracy and high sensitivity testing as these tests are expensive.

The Asia Pacific is second dominating in the Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market regional segment due to high expenditure in healthcare infrastructure by the government. Moreover, the adoption of medical devices to offer better healthcare services to individuals is further motivating the market flow. The dominating countries of Asia Pacific are China, Japan, Australia, India, and Indonesia.

Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market 2

The objective of the report is to present a comprehensive analysis of the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market dynamics, structure by analyzing the market segments and project the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market make the report investor’s guide.

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Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Scope: Inquire before buying

Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market 3
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market, by Region

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market Key Player

• Ortho-Clinical Diagnostics, Inc.
• Thermo Fisher Scientific. Inc.
• Life Technologies Corporation
• ZEUS Scientific, Inc.
• Abcam Plc
• Agilent Technologies Inc.
• Becton
• Dickinson and Co.
• bioMérieux SA
• Bio-Rad Laboratories Inc.
• F. Hoffmann-La Roche Ltd.
• Merck KGaA
• PerkinElmer Inc.
• QIAGEN NV
• RayBiotech, Inc.
• R&D Systems, Inc.,
• Arbor Assays
• ALPCO

 

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Global Biopharmaceutical Logistics Market: Industry Analysis and Forecast 2020 -2026

Global Biopharmaceutical Logistics Market is anticipated to reach US$ 182.82 Bn by 2026 from US$ 104.9 Bn in 2020 at a CAGR of 9.7 % during a forecast period.

Global Biopharmaceutical Logistics Market Overview

Biopharmaceuticals are considered complicated products that require special treatment. Precision medicines and gene therapies need a supply chain controlled by temperature. The biopharmaceutical market is bound to grow with a growing number of precision medicines and gene therapies. In the field of efficiency and temperature-sensitive pharmaceutical products, outsourced logistics services provide pharmaceutical firms with various advantages.

North America and Europe are the market leaders. This is because these countries have a high volume of biopharmaceutical exports and imports. The introduction of innovative technologies for better transportation and warehousing in the supply chain is also driving the growth of the market in the region.

Global Biopharmaceutical Logistics Market

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The report includes a comprehensive background analysis of the rail freight market, including an analysis of industry and economic sector contributions. The report has covered the market trends from 2015 to forecast the market through 2026. Where 2019 is considered a base year however the numbers for 2020 are considered based on the actual output of the market's companies.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of the market and its effect on the demand and supply of the market. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Biopharmaceutical Logistics Market Dynamics

The rise in demand for household healthcare items, as well as the growing need for quick medical assistance, are both driving the market forward. The market is also growing due to the increased development of biologics, vaccines, and hormone treatments, all of which require cold chain transport. High sales of pharmaceutical items drive the demand of global export-import of Bio-pharmaceutical products in the bio-pharmaceutical logistics market. Thus, the investment rate in the R&D segment of the biopharmaceutical market is expected to increase significantly during the forecast period.

The market is also growing due to the increasing trend of outsourcing logistical operations, as well as rapid technical improvements in logistics. Data mining, mobile cloud solutions, and real-time monitoring are some of the technologies that have contributed to the market's positive growth. Besides, these monitoring solutions aid logistic companies by sending warnings that allow them to obtain information needed to carry out emergency plans. As a result, the adoption of these solutions is likely to drive market growth during the forecast period.

However, the high operational costs of maintaining temperature-sensitive products may hamper the market's overall growth during the forecast period.
COVID-19 Impact on the Global Biopharmaceutical Logistics Market

COVID pandemic has a major impact on the market in terms of sales as more than 44% of sales of units are hampered owing to disruption in transport capabilities of the manufacturers due to stringent norms of lockdown and increasing safety concerns. Furthermore, supply chain interruptions, demand destruction, and changes in customer behavior owing to stringent lockdown conditions across the globe have impacted the global biopharmaceutical logistics market.

During the COVID -19 pandemic, demand for cellular therapies, vaccines, and blood products in the biopharmaceutical market increased drastically. These pharmaceutical products were transported by air freight with minimal damage, which is especially significant for temperature-sensitive vaccinations and critical biologic medications. This also increased the trade of conventional and over-the-counter medicines globally, which had a positive impact on the growth of the biopharmaceutical logistics market during the pandemic.
Global Biopharmaceutical Logistics Market Segmentation Analysis

By Product, the non-cold chain logistics segment dominated the market, with market size of US$ 67,293.15 Mn. in 2019 and to reach US$ xx Mn. by 2026, with a CAGR of xx%.

The cold chain segment is expected to have the largest market share. This growth is attributed to an increased demand for temperature-controlled products, requiring accurate temperature control logistics services to guarantee the effectiveness of the products. Telematics is also being utilized to increase the efficiency, connection, and security of their transportation items in the field of cold-chain biopharmaceutical logistics.

Global Biopharmaceutical Logistics Market v

By Application, the air shipping segment dominated the market, with a market size of US$ XX Mn. in 2019 and to reach US$ XX Mn. by 2026, with a CAGR of XX%. When compared to other modes of cold logistics transit, air transportation has the highest share, with all of the required precision in the transport. Airfreight is the fastest route to carry pharmaceutical products with minimal damage, which is especially important for temperature-sensitive vaccines and crucial biologic pharmaceuticals. However, because air transport has a volume constraint, sea shipping, and road shipping is expected to overtake air shipping in terms of volume increase during the forecast period.
Global Biopharmaceutical Logistics Market Regional Insights

In 2019, the North American region had the largest market share of 37% in the global biopharmaceutical logistics market. This is owing to the vast number of pharmaceuticals export and importation markets in the region. Also, technological development, warehousing, and transportation in the supply chain are expected to drive the growth of the market during the forecast period. Europe is another important pharmaceutical market, with a revenue of USD 215 million in 2019. It is the world's second-largest pharmaceutical market.

The Asia Pacific is expected to grow at a rapid pace. This is due to the rising need for medicines among the region's aging population and the increasing number of diseases. The increasing demand for pharmaceuticals and personal protective equipment (PPE) as a result of COVID-19 is an important driver of regions growth.

Global Biopharmaceutical Logistics Market v

Leading market key players are working to demonstrate the opportunity to the car rental business market.

Major players are involved in adopting maintainable strategies to gain competitive edges such as new product launches, product up-gradation, and M&A, collaborative agreements. For example, In January 2019, FedEx announced the acquisition of Flying Cargo Group's International Express Business in Israel. The contract was signed to expand FedEx's portfolio and regional presence, allowing clients to make use of the company's global network.

In May 2020, United Parcel Service of America, Inc. announced the debut of the new UPS Premier, which will expand the company's healthcare capabilities. By utilizing next-generation sensor technologies and monitoring, UPS Premier aims to increase the service dependability and visibility of healthcare goods.

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Global Biopharmaceutical Logistics Market Scope:

Global Biopharmaceutical Logistics Market by Region

• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Biopharmaceutical Logistics Market Key Players

• FedEx Corporation
• Ceva Logistics LLC
• Amerisource Bergen Corporation
• Panalpina Group
• Kuehne and Nagel International AG
• XPO Logistics, Inc
• United Parcel Service, Inc
• Deutsche Post DHL Group
• DB Schenker
• C.H. Robinson Worldwide, Inc
• United Parcel Service of America
• DHL International GmbH
• SF Express
• DB Schenker
• C.H. Robinson

 

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