Global Market Business Research Reports: June 2024

Friday, June 28, 2024

Global Sedative-Hypnotic Drugs Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

Overview and Scope

A sedative-hypnotic drug refers to a chemical substance utilized to alleviate tension and anxiety, promote a sense of calm (sedative effect), or facilitate sleep induction (hypnotic effect). Sedatives or hypnotics act to suppress the limbic system of the brain, which governs emotional and behavioral reactions, as well as the reticular formation, responsible for regulating sleep patterns and overall consciousness.

Sizing and Forecast
The sedative-hypnotic drugs market size has grown strongly in recent years. It will grow from $3.29 billion in 2023 to $3.57 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to the expansion of direct-to-consumer advertising, increased stress levels, higher prevalence of sleep disorders, expansion of direct-to-consumer advertising, and aging populations.

The sedative-hypnotic drugs market size is expected to see strong growth in the next few years. It will grow to $5.00 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to growing healthcare infrastructure, rising disposable incomes, rising incidence of lifestyle-related disorders, growing consumer interest in natural and herbal sleep aids, and expansion of telemedicine services. Major trends in the forecast period include a growing preference for non-benzodiazepine sedative-hypnotic drugs, innovations in drug delivery technologies, increasing focus on personalized medicine, incorporation of digital health tools, and advent of benzodiazepines.

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Segmentation & Regional Insights
The sedative-hypnotic drugs market covered in this report is segmented –
1) By Drug Class: Benzodiazepines, Barbiturates, Antihistamines, Nonbenzodiazepine, Other Drug Classes
2) By Route of Administration: Oral, Parenteral, Other Routes of Administration
3) By Disease Type: Sleep Disorders, Anesthesia, Pain, Other Disease Types
4) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
5) By End-Users: Hospitals, Specialty Clinics, Homecare, Other End-Users

North America was the largest region in the sedative-hypnotic drugs market in 2023. The regions covered in the sedative-hypnotic drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increased stress levels are expected to propel the growth of the sedative-hypnotic drugs market going forward. Stress levels refer to the mental or emotional exhaustion individuals experience as a result of unavoidable or challenging circumstances. Several driving factors for stress levels include struggling to balance work responsibilities with personal life, inadequate coping mechanisms, and increasing work pressure among employees. Sedative-hypnotic drugs serve as pharmacological agents primarily intended to induce a state of calmness, diminish anxiety levels, and alleviate tension within individuals, often through their tranquilizing effects on the central nervous system. For instance, in December 2022, according to a survey of 2,212 American adults conducted by the American Psychiatric Association, a US-based national medical specialty organization, over 26% (more than one in four) of respondents indicated they expected to encounter increased stress at the beginning of 2023, marking a rise from the 20% reported in the previous year. Therefore, the increased stress levels are driving the growth of the sedative-hypnotic drugs market.

Key Industry Players
Major companies operating in the sedative-hypnotic drugs market are Sun Pharmaceutical Industries Inc., Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck And Co. Inc., Bayer AG, Novartis AG, Sanofi-Aventis AG, AstraZeneca Plc, Abbott Laboratories, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Mylan N.V., Fresenius Kabi AG, Eli Lilly and Co., Aurobindo Pharma Limited, Cipla Inc., Dr. Reddy’s Laboratories Ltd., Hikma Pharmaceuticals plc, Lupin Pharmaceuticals Inc., Allergan Pharmaceuticals Inc., Glenmark Pharmaceuticals Inc., Torrent Pharmaceuticals Ltd.

The sedative-hypnotic drugs market report table of contents includes:
1. Executive Summary

2. Sedative-Hypnotic Drugs Market Characteristics

3. Sedative-Hypnotic Drugs Market Trends And Strategies

4. Sedative-Hypnotic Drugs Market - Macro Economic Scenario

5. Global Sedative-Hypnotic Drugs Market Size and Growth

32. Global Sedative-Hypnotic Drugs Market Competitive Benchmarking

33. Global Sedative-Hypnotic Drugs Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Sedative-Hypnotic Drugs Market

35. Sedative-Hypnotic Drugs Market Future Outlook and Potential Analysis

36. Appendix

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Quantum Cryptography Market Competitive Landscape 2024-2033 – Major Players and Strategies

Overview and Scope

Quantum cryptography refers to a branch of cryptography that utilizes principles from quantum mechanics to secure communication channels. It aims to enable the exchange of cryptographic keys between two parties in an inherently secure way, even against potential adversaries with advanced computational capabilities. Quantum cryptography harnesses the principles of quantum mechanics to provide a fundamentally secure method for distributing cryptographic keys and ensuring the confidentiality and integrity of communication channels.

Sizing and Forecast
The quantum cryptography market size has grown exponentially in recent years. It will grow from $0.60 billion in 2023 to $0.83 billion in 2024 at a compound annual growth rate (CAGR) of 37.8%. The growth in the historic period can be attributed to government investments, quantum computing vulnerabilities, financial sector adoption, healthcare data security, and cloud computing security.

The quantum cryptography market size is expected to see exponential growth in the next few years. It will grow to $3.03 billion in 2028 at a compound annual growth rate (CAGR) of 38.1%. The growth in the forecast period can be attributed to the rising number of cyberattacks, growing digitalization, increase in the adoption of data-intensive approaches, growth of digital banking and online monetary transactions, and growing need for next-generation security solutions. Major trends in the forecast period include blockchain technology integration, advancements in quantum key distribution, technological advancements, increasing partnerships, and adoption of network technologies.

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Segmentation & Regional Insights
The quantum cryptography market covered in this report is segmented –
1) By Type: Quantum Key Distribution, Quantum Random Number Generation, Other Types
2) By Component: Solutions, Services
3) By Applications: Network Security, Application Security, Database Security
4) By End-Users: Information Technology and Telecommunications, Banking, Financial Services, and Insurance, Government and Defense, Healthcare, Other End-Users

North America was the largest region in the quantum cryptography market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quantum cryptography market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rising number of cyberattacks is expected to propel the growth of the quantum cryptography market going forward. A cyberattack is a deliberate and malicious attempt to disrupt, damage, or gain unauthorized access to computer systems, networks, or digital devices. The number of cyberattacks is rising due to increased connectivity through more internet-connected devices, evolving attack techniques by cybercriminals, the shift to remote work creating new vulnerabilities, economic incentives driving cybercrime, nation-state-sponsored attacks, and supply chain vulnerabilities. Quantum cryptography provides a promising avenue for enhancing cybersecurity by offering stronger security guarantees and resistance to emerging threats, particularly those posed by quantum computing. For instance, in November 2023, according to the Department of Defense, an Australia-based government department, the Australian Cyber Security Centre received over 94,000 reports of cybercrime in 2022, marking a 23% increase from the previous year. Therefore, the rising number of cyberattacks is driving the growth of the quantum cryptography market.

Key Industry Players
Major companies operating in the quantum cryptography market are Google LLC, Microsoft Corporation, Intel Corporation, International Business Machines Corporation, Hewlett Packard Enterprise company, Toshiba Corporation, Thales Group, Infineon Technologies AG, PQ Solutions Limited, Quantum Machines, QuantumCTek Co. Ltd., ID Quantique SA, QuintessenceLabs Pty Ltd., SandboxAQ, ISARA Corporation, MagiQ Technologies Inc., QCI Quantum Computing Inc., D-Wave Systems Inc., Agnostiq Inc., Qnu Labs Private Limited, Qubitekk Inc., Quside Technologies S.L., Quantum Xchange, Crypta Labs Ltd., Kets Quantum Security Ltd., LuxQuanta Technologies

The quantum cryptography market report table of contents includes:
1. Executive Summary

2. Quantum Cryptography Market Characteristics

3. Quantum Cryptography Market Trends And Strategies

4. Quantum Cryptography Market - Macro Economic Scenario

5. Global Quantum Cryptography Market Size and Growth

32. Global Quantum Cryptography Market Competitive Benchmarking

33. Global Quantum Cryptography Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Quantum Cryptography Market

35. Quantum Cryptography Market Future Outlook and Potential Analysis

36. Appendix

Global Pet Fitness Care Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope

Pet fitness care refers to the holistic approach of promoting and maintaining pets' physical health and well-being through various means, including proper nutrition, regular exercise, preventive healthcare, and mental stimulation. This approach ensures that pets lead active, happy, and fulfilling lives while minimizing the risk of obesity, illness, and behavioral issues. Pet fitness care involves providing adequate exercise opportunities, balanced diets, routine veterinary check-ups, vaccinations, parasite control, dental care, and mental enrichment activities tailored to the individual needs of each pet species and breed.

Sizing and Forecast
The pet fitness care market size has grown rapidly in recent years. It will grow from $6.42 billion in 2023 to $7.06 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to awareness of pet obesity, humanization of pets, rise of pet wellness industry, urbanization and changing lifestyles, pet insurance coverage, and celebrity influence.

The pet fitness care market size is expected to see rapid growth in the next few years. It will grow to $10.47 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to evolving urban environments, rise of pet wellness communities, corporate wellness programs for pets, and cultural shift towards active lifestyles. Major trends in the forecast period include innovations in pet exercise equipment, research on animal behavior, integration of ai and data analytics, virtual and remote fitness services, and customized nutrition and fitness plans.

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Segmentation & Regional Insights
The pet fitness care market covered in this report is segmented –
1) By Solutions: Products Or Equipment, Software, Services
2) By Pet Type: Dogs, Cats, Other Pet Type
3) By Distribution Channel: Pet Specialty Stores, Online Platforms, Veterinary Clinics

North America was the largest region in the pet fitness care market in 2023. The regions covered in the pet fitness care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rising pet ownership is expected to propel the growth of the pet fitness care market going forward. Pet ownership refers to the act of possessing and caring for domesticated animals, such as dogs, cats, birds, or fish, as companions or for recreational or therapeutic purposes. Pet ownership is increasing due to the desire for companionship, greater awareness of animal welfare, health benefits, social media influence, and better veterinary care. Pet fitness care is integral to providing pets with happy, healthy lives while enhancing the rewarding experience of pet ownership for individuals and families. For instance, in March 2023, according to Veterinary Practice, a UK-based online knowledge and information provider for veterinary professionals, the number of pets in the United Kingdom was 35 million in 2022, marking a rise of 9% compared to 2021. Therefore, rising pet ownership is driving the growth of the pet fitness care market.

Key Industry Players
Major companies operating in the pet fitness care market are PetSmart Inc., Zoetis Inc., Pawsitive Performance LLC, Hill's Pet Nutrition Inc. , Petmate Holdings Co., Mars Petcare US Inc., Petsafe, Tractive GmbH, PetEdge Inc., Ruff Wear Inc., Alltech Inc., Whistle Labs Inc., ZippyPaws LLC, Motivation Design LLC, TRIXIE Heimtierbedarf GmbH & Co. KG, FitPAWS Inc., Frolick Dogs LLC, GoPet LLC, Petco Foundation, PetFusion LLC, Canine Hardware Inc., Blue-9 Pet Products Inc., PetZen Products, Nestlé Purina PetCare Company, FitBark Inc.

The pet fitness care market report table of contents includes:
1. Executive Summary

2. Pet Fitness Care Market Characteristics

3. Pet Fitness Care Market Trends And Strategies

4. Pet Fitness Care Market - Macro Economic Scenario

5. Global Pet Fitness Care Market Size and Growth

32. Global Pet Fitness Care Market Competitive Benchmarking

33. Global Pet Fitness Care Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Pet Fitness Care Market

35. Pet Fitness Care Market Future Outlook and Potential Analysis

36. Appendix

Neural Implants Market Competitive Landscape 2024-2033 – Major Players and Strategies

Overview and Scope

Neural implants, also known as brain-computer interfaces (BCIs) or neural prosthetics, refer to medical devices designed to interface with the nervous system to restore or enhance neural function. These implants are intended to restore sensory function, treat neurological diseases, and improve cognitive ability.

Sizing and Forecast
The neural implants market size has grown rapidly in recent years. It will grow from $4.89 billion in 2023 to $5.39 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to growth in well-established healthcare facilities, growth in aging population, growth in preference for minimally invasive procedures, growth in demand for personalized treatment options, and availability of improved healthcare infrastructure.

The neural implants market size is expected to see rapid growth in the next few years. It will grow to $7.98 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to the rising prevalence of neurological disorders, rising awareness among patients about new treatment modalities for neurological disorders, increasing availability of effective devices, increasing preference for MR-conditional brain implants, rising use of high-frequency neuromodulation therapy. Major trends in the forecast period include product innovations, technological advancements, advances in neuroprosthetics, and integration of deep learning algorithms into neural implants.

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Segmentation & Regional Insights
The neural implants market covered in this report is segmented –
1) By Product: F And B Spinal Cord Stimulation (SCS), Deep Brain Stimulation (DBS), Vagus Nerve Stimulation (VNS)
2) By Application: Chronic Pain, Parkinson’s Disease (PD), Epilepsy, Other Applications
3) By End-User: Hospitals, Specialized Neurological Centers (SNCs), Outpatient Surgery Centers

North America was the largest region in the neural implants market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neural implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rising prevalence of neurological disorders is expected to propel the growth of the neural implants market going forward. A neurological disorder refers to any disorder of the nervous system that includes anatomical, biochemical, or electrical abnormalities in the brain, spinal cord, or peripheral nerves. Neurological disorders have seen an increase due to several reasons, such as aging populations, genetic predispositions, and changes in diagnostic criteria. Neural implants treat and manage various neurological diseases by interfacing directly with the nervous system to restore or enhance neural functions. These implants provide a tailored approach, which may improve therapy efficacy while decreasing adverse effects, particularly in illnesses such as Parkinson's disease, epilepsy, and spinal cord injuries. For instance, in March 2022, according to the Alzheimer's Association, a US-based nonprofit voluntary health organization that focuses on Alzheimer's disease care, nearly 7 million Americans age 65 and older were living with Alzheimer's dementia, and this number could grow to 13.8 million by 2060. Moreover, health and long-term care costs for people living with dementia are projected to reach $360 billion in 2024 and nearly $1 trillion in 2050.Therefore, the rising prevalence of neurological disorders is driving the growth of the neural implants market.

Key Industry Players
Major companies operating in the neural implants market are Abbott Laboratories, Medtronic plc, Stryker Corporation, Boston Scientific Corporation, Smith & Nephew plc, Integra LifeSciences, Cochlear Ltd., LivaNova PLC, Renishaw plc, MicroPort Scientific Corporation, Nevro Corp., Inspire Medical Systems Inc., Cyberonics Inc., Axonics Modulation Technologies Inc., Saluda Medical, NeuroPace Inc., Fisher Wallace, BioControl Medical , Cerbomed GmbH, Nuvectra Corporation

The neural implants market report table of contents includes:
1. Executive Summary

2. Neural Implants Market Characteristics

3. Neural Implants Market Trends And Strategies

4. Neural Implants Market - Macro Economic Scenario

5. Global Neural Implants Market Size and Growth

32. Global Neural Implants Market Competitive Benchmarking

33. Global Neural Implants Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Neural Implants Market

35. Neural Implants Market Future Outlook and Potential Analysis

36. Appendix

Thursday, June 27, 2024

CRISPR Gene Editing Market Growth Outlook Through 2024-2033

Overview and Scope

Clustered regularly interspaced short palindromic repeats (CRISPR) gene editing is a revolutionary biotechnology tool that enables precise modifications to the DNA of living organisms. This technology utilizes a natural defense mechanism found in bacteria, where sequences of DNA, known as CRISPR, are used to identify and cut specific genetic sequences. CRISPR gene editing allows for the addition, removal, or alteration of genetic material, making it a powerful technique for research, therapeutic applications, and potential treatments for genetic disorders.

Sizing and Forecast
The CRISPR gene editing market size has grown exponentially in recent years. It will grow from $1.78 billion in 2023 to $2.26 billion in 2024 at a compound annual growth rate (CAGR) of 26.9%. The growth in the historic period can be attributed to increased demand for genome editing technologies, rise in government funding, increased cancer cases, increased prevalence of chronic diseases, increased awareness about CRISPR technology, rise healthcare infrastructure.

The CRISPR gene editing market size is expected to see exponential growth in the next few years. It will grow to $5.92 billion in 2028 at a compound annual growth rate (CAGR) of 27.2%. The growth in the forecast period can be attributed to increasing prevalence of genetic disorders, growing emphasis on precision medicine, rising investment in CRISPR research and development, increasing geriatric population, growing prominence for the gene therapy procedures. Major trends in the forecast period include advancements in gene editing technology, expansion in the number of research studies, drug discovery and development, innovation in delivery methods, adoption of CRISPR-edited agriculture.

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Segmentation & Regional Insights
The CRISPR gene editing market covered in this report is segmented –
1) By Type: CRISPR-Associated Nuclease (Cas Nuclease), Guide Ribonucleic Acid (RNA), Deoxyribonucleic Acid (DNA) Ligase, Restriction Endonuclease, Other Types
2) By Services: Design Tools, Plasmid And Vector, CRISPR-Associated Protein 9 (Cas9) And Guide Ribonucleic Acid (g-RNA), Delivery System Products, Other Services
3) By Technology: CRISPR Or Cas9, Zinc Finger Nucleases, Other Technologies
4) By Application: Agricultural, Biomedical , Industrial, Genome Engineering, Disease Models, Functional Genomics, Other Applications
5) By End User: Academic Institutes And Research Centers, Biotechnology Companies, Contract Research Organizations (CROs), Pharmaceutical And Biopharmaceutical Companies

North America was the largest region in the CRISPR gene editing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the CRISPR gene editing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing prevalence of genetic disorders is expected to propel the growth of the CRISPR gene editing market going forward. A genetic disorder is a health problem caused by genome abnormalities, which include mutations in a single gene (monogenic), multiple genes (polygenic), or chromosomal abnormalities. The prevalence of genetic disorders is increasing due to genetic mutations, aging populations, and consanguineous marriage. CRISPR gene editing significantly aids in managing genetic disorders by providing precise and targeted modifications to the DNA. Further, scientists use CRISPR to identify and correct specific mutations causing genetic disorders, restore normal function, and alleviate disease symptoms, as seen in conditions such as cystic fibrosis and sickle cell anemia. For instance, in April 2024, according to the Centers for Disease Control and Prevention, a US-based government agency, about 6,000 babies born in the United States have Down syndrome each year, which occurs in about 1 in every 700 babies. Therefore, the increasing prevalence of genetic disorders is driving the growth of the CRISPR gene editing market.

Key Industry Players
Major companies operating in the CRISPR gene editing market are Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies Inc., GenScript, Integrated DNA Technologies Inc., Takara Bio Inc., OriGene Technologies Inc., Intellia Therapeutics Inc., New England Biolabs, Synthego, Arbor Biotechnologies Inc., Rockland Immunochemicals Inc. , Cellectis, Editas Medicine, Caribou Biosciences Inc., System Biosciences LLC, Applied StemCell, Addgene, Mirus Bio LLC, Excision BioTherapeutics Inc., GeneCopoeia Inc., ToolGen Inc., Cellecta Inc., CRISPR Therapeutics, ERS Genomics Limited

The crispr gene editing market report table of contents includes:
1. Executive Summary

2. CRISPR Gene Editing Market Characteristics

3. CRISPR Gene Editing Market Trends And Strategies

4. CRISPR Gene Editing Market - Macro Economic Scenario

5. Global CRISPR Gene Editing Market Size and Growth

32. Global CRISPR Gene Editing Market Competitive Benchmarking

33. Global CRISPR Gene Editing Market Competitive Dashboard

34. Key Mergers And Acquisitions In The CRISPR Gene Editing Market

35. CRISPR Gene Editing Market Future Outlook and Potential Analysis

36. Appendix

Global Catheter Introducer Sheaths Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope

Catheter introducer sheaths refer to medical devices used in interventional procedures to facilitate the insertion and placement of catheters into the vascular system or other body cavities. These sheaths consist of a hollow tube with a dilator and hemostasis valve, designed to provide a conduit for the safe passage of catheters while minimizing the risk of vascular injury, bleeding, and infection.

Sizing and Forecast
The catheter introducer sheaths market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.30 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to demand for improved patient safety, enhanced imaging modalities, demand for vascular access, and feedback from healthcare providers.

The catheter introducer sheaths market size is expected to see rapid growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to expansion of interventional procedures, rise in minimally invasive surgery, aging population, and demand for safety and efficacy. Major trends in the forecast period include clinical research and evidence-based medicines, improvements in imaging technologies, miniaturization and integration, integration with imaging technologies, and value-based healthcare models.

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Segmentation & Regional Insights
The catheter introducer sheaths market covered in this report is segmented –
1) By Product Type: Integrated Introducer Sheaths , Separate Introducer Sheaths
2) By Application: Cardiology, Vascular, Neurology
3) By End-Use: Hospitals, Ambulatory Surgical Centers, Other End-Use

North America was the largest region in the catheter introducer sheaths market in 2023. The regions covered in the catheter introducer sheaths market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing prevalence of cardiovascular disease is expected to propel the growth of the catheter introducer sheaths market going forward. Cardiovascular disease (CVD) is a group of conditions affecting the heart and blood vessels. The increasing prevalence of cardiovascular diseases (CVD) is due to aging populations, unhealthy lifestyles, rising obesity rates, socioeconomic factors, and improved detection methods. Catheter introducer sheaths are crucial in managing cardiovascular disease by providing safe and effective access to the heart and blood vessels for diagnostic and interventional procedures. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based governmental organization, the prevalence of coronary heart disease among adults aged 18 and over increased from 4.6% in 2020 to 4.9% in 2021. Therefore, the increasing prevalence of cardiovascular disease is driving the growth of the catheter introducer sheaths market.

Key Industry Players
Major companies operating in the catheter introducer sheaths market are Johnson & Johnson Services Inc., Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Boston Scientific Corporation, Terumo Corporation, Edwards Lifesciences Corporation, Smiths Medical International Limited, Teleflex Incorporated, Beijing Lepu Medical Technology Co. Ltd., Integer Holdings Corporation, Merit Medical Systems Inc., Penumbra Inc., C. R. Bard Inc., Asahi Intecc Co. Ltd., AngioDynamics Inc., Argon Medical Devices Inc., Cordis Corporation, B. Braun Melsungen AG, Oscor Inc., BrosMed Medical Co. Ltd., Galt Medical Corp., SCITECH Medical Products (Hefei) Co. Ltd., Vascular Solutions Inc., Cook Incorporated

The catheter introducer sheaths market report table of contents includes:
1. Executive Summary

2. Catheter Introducer Sheaths Market Characteristics

3. Catheter Introducer Sheaths Market Trends And Strategies

4. Catheter Introducer Sheaths Market - Macro Economic Scenario

5. Global Catheter Introducer Sheaths Market Size and Growth

32. Global Catheter Introducer Sheaths Market Competitive Benchmarking

33. Global Catheter Introducer Sheaths Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Catheter Introducer Sheaths Market

35. Catheter Introducer Sheaths Market Future Outlook and Potential Analysis

36. Appendix

Benzodiazepine Drugs Market Competitive Landscape 2024-2033 – Major Players and Strategies

Overview and Scope

Benzodiazepine drugs refer to a class of psychoactive medications primarily prescribed for their sedative, hypnotic, anxiolytic, anticonvulsant, and muscle relaxant properties. These are commonly used to treat anxiety disorders, panic attacks, insomnia, muscle spasms, and seizures.

Sizing and Forecast
The benzodiazepine drugs market size has grown strongly in recent years. It will grow from $3.31 billion in 2023 to $3.53 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to the rise in the prevalence of anxiety disorders, increased awareness about mental health, increased geriatric population, growth in prescription rates, and favorable reimbursement policies.

The benzodiazepine drugs market size is expected to see strong growth in the next few years. It will grow to $4.59 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to shifting consumer preferences towards non-pharmacological therapies, heightened focus on reducing dependency and abuse potential, growing demand for long-acting benzodiazepines, expanding indications for benzodiazepine use, and emphasis on personalized medicine approaches. Major trends in the forecast period include the rise of combination therapies with benzodiazepines, increasing utilization of biofeedback and neurofeedback techniques, development of sublingual and transdermal benzodiazepine formulations, and adoption of artificial intelligence for predictive modeling in anxiety treatment.

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Segmentation & Regional Insights
The benzodiazepine drugs market covered in this report is segmented –
1) By Product: Alprazolam, Diazepam, Lorazepam, Clonazepam, Temazepam, Oxazepam, Chlordiazepoxide, Other Products
2) By Route Of Administration: Oral, Parenteral, Other Routes Of Administration
3) By Application: Anxiety Disorders, Seizures, Insomnia, Alcohol Withdrawal, Other Applications
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users

North America was the largest region in the benzodiazepine drugs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the benzodiazepine drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growing cases of mental illness are expected to drive the benzodiazepine drugs market going forward. Mental illness refers to a range of conditions affecting a person's thinking, feeling, or mood, often leading to impairment in daily functioning. Factors behind the growing cases of mental illness include societal stressors, lifestyle changes, genetic predispositions, and limited access to mental healthcare services. Benzodiazepine drugs help in decreasing growing cases of mental illness by alleviating symptoms such as anxiety and panic disorders, providing short-term relief for individuals experiencing acute mental health crises. They are also effective in treating acute episodes of panic attacks by rapidly reducing symptoms such as sweating, trembling, and shortness of breath. For instance, in March 2023, according to a report published by the National Center for Biotechnology Information, a US-based government organization, there were an estimated 14.1 million adults aged 18 or older in the United States with serious mental illness (SMI). This number represents 5.5% of all U.S. adults. Furthermore, in November 2022, according to the National Health Service, a UK-based publicly funded system, the proportion of people with a probable mental disorder between 17 and 19 years old increased from 17.4% in 2021 to 25.7% in 2022. Therefore, the growing cases of mental illness are driving the benzodiazepine drugs market.

Key Industry Players
Major companies operating in the benzodiazepine drugs market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi S.A., Novartis AG, GlaxoSmithKline plc, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Otsuka Pharmaceutical Co. Ltd, Bausch Health Companies Inc., Sun Pharmaceutical Industries Ltd., Aurobindo Pharma, Dr. Reddy's Laboratories Ltd., Apotex Inc., Hikma Pharmaceuticals, Endo International plc, Amneal Pharmaceuticals LLC, Lupin Limited, Zydus Lifesciences Limited, Mallinckrodt Pharmaceuticals, Torrent Pharmaceuticals Ltd., Alvogen, Genentech Inc., Actavis Laboratories FL Inc., Sandoz International GmbH, Neurelis Inc.

The benzodiazepine drugs market report table of contents includes:
1. Executive Summary

2. Benzodiazepine Drugs Market Characteristics

3. Benzodiazepine Drugs Market Trends And Strategies

4. Benzodiazepine Drugs Market - Macro Economic Scenario

5. Global Benzodiazepine Drugs Market Size and Growth

32. Global Benzodiazepine Drugs Market Competitive Benchmarking

33. Global Benzodiazepine Drugs Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Benzodiazepine Drugs Market

35. Benzodiazepine Drugs Market Future Outlook and Potential Analysis

36. Appendix

AI In Automotive And Transportation Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope

AI in automotive and transportation refers to incorporating artificial intelligence technologies into automobiles and transportation systems to improve safety, efficiency, and user experience. It makes vehicles smarter and safer by enabling features such as self-driving, predictive maintenance, and personalized user experiences.

Sizing and Forecast
The AI in automotive and transportation market size has grown rapidly in recent years. It will grow from $9.93 billion in 2023 to $11.88 billion in 2024 at a compound annual growth rate (CAGR) of 19.7%. The growth in the historic period can be attributed to advancements in sensor technology, the rise of connected vehicles, advancements in machine learning and deep learning, industry collaboration and partnerships, and a shift towards mobility services.

The AI in automotive and transportation market size is expected to see rapid growth in the next few years. It will grow to $24.57 billion in 2028 at a compound annual growth rate (CAGR) of 19.9%. The growth in the forecast period can be attributed to autonomous driving research and development, the rise of electric and connected vehicles, urbanization and smart cities, global megatrends and economic factors, and consumer demand for safety and convenience. Major trends in the forecast period include integration of AI with v2x communication, edge computing for AI, data monetization opportunities, urban air mobility (UAM) integration, and human-machine interaction (HMI) innovation.

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Segmentation & Regional Insights
The AI in automotive and transportation market covered in this report is segmented –
1) By Offering: Hardware, Software
2) By Technology: Machine Learning, Natural Language Processing, Computer Vision, Context-aware Computing, Other Technologies
3) By Application: Human Machine Interface, Driver Monitoring, Driver Or Identity Authentication, Autonomous Driving Processing Chips, Intelligent Traffic Management System

North America was the largest region in the AI in automotive and transportation market in 2023. The regions covered in the ai in automotive and transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing demand for autonomous vehicles is expected to propel the growth of the AI in automotive and transportation market going forward. Autonomous vehicles are vehicles equipped with sensors, cameras, and artificial intelligence technology that enable them to navigate and operate without human intervention. The demand for autonomous vehicles is rising due to their potential to enhance safety, increase convenience, and improve efficiency in transportation. AI in autonomous vehicles enables real-time perception of surroundings through sensor data analysis and decision-making, allowing vehicles to navigate safely and efficiently without human intervention. For instance, in December 2022, according to a report published by the Insurance Institute for Highway Safety, a US-based non-profit organization, it is projected that American roads will host 3.5 million autonomous vehicles by 2025 and 4.5 million by 2030. Therefore, increasing demand for autonomous vehicles is driving the growth of the AI in automotive and transportation market.

Key Industry Players
Major companies operating in the AI in automotive and transportation market are Alphabet Inc., Toyota Motor Corporation, Microsoft Corporation, Bayerische Motoren Werke AG, Robert Bosch GmbH, Tesla Inc., Siemens AG, Intel Corporation, International Business Machines Corporation (IBM), AUDI AG, Denso Corporation, Qualcomm Technologies Inc., Continental AG, Uber Technologies Inc., Micron Technology Inc., Volvo Cars, NVIDIA Corporation, Valeo SA, Harman International, Otto GmbH, Scania AB, Argo AI LLC, CarVi Inc., Arbe Robotics Ltd., Visteon Corporation

The ai in automotive and transportation market report table of contents includes:
1. Executive Summary

2. AI In Automotive And Transportation Market Characteristics

3. AI In Automotive And Transportation Market Trends And Strategies

4. AI In Automotive And Transportation Market - Macro Economic Scenario

5. Global AI In Automotive And Transportation Market Size and Growth

32. Global AI In Automotive And Transportation Market Competitive Benchmarking

33. Global AI In Automotive And Transportation Market Competitive Dashboard

34. Key Mergers And Acquisitions In The AI In Automotive And Transportation Market

35. AI In Automotive And Transportation Market Future Outlook and Potential Analysis

36. Appendix

Wednesday, June 26, 2024

Passwordless Authentication Market Growth Outlook Through 2024-2033

Overview and Scope

Passwordless authentication refers to an authentication method that enables users to access applications or IT systems without entering a password or answering security questions. This technology is often used with multi-factor authentication (MFA) and single sign-on solutions to enhance the user experience, strengthen security measures, and streamline IT operations by minimizing expenses and complexities.

Sizing and Forecast
The passwordless authentication market size has grown rapidly in recent years. It will grow from $17.13 billion in 2023 to $20.07 billion in 2024 at a compound annual growth rate (CAGR) of 17.2%. The growth in the historic period can be attributed to increased cybersecurity threats and data breaches, proliferation of mobile devices, regulatory compliance requirements, increased adoption of cloud computing, and incresed awareness of password management best practices.

The passwordless authentication market size is expected to see rapid growth in the next few years. It will grow to $38.30 billion in 2028 at a compound annual growth rate (CAGR) of 17.5%. The growth in the forecast period can be attributed to heightened focus on user experience and convenience, shift towards zero-trust security architectures, rising demand for stronger authentication methods, growing integration of passwordless authentication, and increasing regulatory emphasis on data protection. Major trends in the forecast period include multi-factor authentication (MFA) solutions, behavioral biometrics, continuous authentication technologies, and innovative solutions.

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Segmentation & Regional Insights
The passwordless authentication market covered in this report is segmented –
1) By Type: Fingerprint Authentication, Palm Recognition, Iris Recognition, Face Recognition, Voice Recognition, Smart Card
2) By Component: Hardware, Software, Services
3) By Authentication Type: Single-factor Authentication, Multi-factor Authentication
4) By Portability: Fixed, Mobile
5) By End-user: IT And Telecom, Retail, Transportation And Logistics, Aerospace And Defense, BFSI, Healthcare, Government

North America was the largest region in the passwordless authentication market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the passwordless authentication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The growing concerns about data security are expected to propel the growth of the passwordless authentication market going forward. Data security refers to the process of protecting digital information at every stage of its lifecycle to prevent corruption, theft, or unauthorized access. There is growing concern for data security due to several factors, including heightened connectivity, the growing complexity of IT systems, and sophisticated hacking techniques. Passwordless authentication strengthens data security by replacing traditional password-based methods with more secure factors, including biometrics, hardware tokens, or cryptographic keys, thereby enhancing authentication and minimizing the risk of unauthorized access to sensitive data. For instance, in March 2024, according to the Federal Bureau of Investigation (FBI), a US-based law enforcement agency, there were 880,418 cybercrime complaints received by the FBI from the public in 2023, marking a 10% rise from the previous year's figure. Furthermore, in January 2023, according to Check Point Software Technologies Ltd., an Israel-based provider of cyber security solutions, global cyberattacks saw a 38% increase in 2022 compared to 2021. Therefore, growing concerns about data security are driving the growth of the passwordless authentication market.

Key Industry Players
Major companies operating in the passwordless authentication market are Microsoft Corporation, International Business Machines Corporation (IBM), Fujitsu Limited, NEC Corporation, Thales Group, Okta Inc., HID Global Corporation, Entrust Corporation, LogMeIn Inc., Ping Identity Corporation, Duo Security LLC, Signicat AS, Prove Identity Inc., OneLogin Inc., Beyond Identity Inc., Stytch Inc., Trusona Inc., HYPR Corp., Ubisecure Limited, Secret Double Octopus Ltd., EmpowerID LLC, Veridium Ltd., IDEE GmbH, Yubico AB, LogMeOnce LLC

The passwordless authentication market report table of contents includes:
1. Executive Summary

2. Passwordless Authentication Market Characteristics

3. Passwordless Authentication Market Trends And Strategies

4. Passwordless Authentication Market - Macro Economic Scenario

5. Global Passwordless Authentication Market Size and Growth

32. Global Passwordless Authentication Market Competitive Benchmarking

33. Global Passwordless Authentication Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Passwordless Authentication Market

35. Passwordless Authentication Market Future Outlook and Potential Analysis

36. Appendix

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