Travel Insurance Market Size, Get Market Research, Business Risk & Industry Analysis Reports 2030

 Travel Insurance Market Size 2021

Travel insurance is insurance that is intended to cover medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or domestically. The insurance may also include some benefits such as accidental health benefit, additional kennel or cattery fees, loss of income and permanent disability, alternative transport arrangement, etc. Factors such as increase in natural disasters, growth in tourism, rise in globalization and trade practices have made this industry attractive. The Travel Insurance Market Size share is expected to generate $28,265 million by 2022, growing at a CAGR of +9% during 2017-2022.

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Major Key Players:

Some Of The Primary Market Participants Are Allianz, Generali Global Assistance, USI Affinity, Seven Corners Inc., Travel Safe Insurance, Trip Mate Inc. (Arthur J. Gallagher & Co.), Travel Insured International, AXA, Tata AIG General Insurance Company Limited, Insure & Go Insurance Services Limited, Travelex Insurance Services (TIS), Tokio Marine HCC Medical Insurance Services Group, First Allied Travel Insurance, Arch Insurance Company, Aviva Life Insurance Company India Ltd., American Express Company, BH Specialty Insurance, TravelInsurance.com (DigiVentures Holdings, LLC), amongst others.

Key findings of the report:

The report covers both, qualitative and quantitative research of the market, as well as include comprehensive insights and developments methods adopted by the key players. The report encompasses competitive detailed analysis of the key players which are driving the market. The key business strategies such as mergers and acquisitions, affiliations, collaborations, and contracts adopted by the major players are also recognized and analyzed in the report. For each company, the Travel Insurance Market Size report recognizes their manufacturing base, competitors, product type, application and specification, pricing, and gross margin.

Market Segmentation

Travel Insurance Market Size – By Insurance Cover

Medical Treatment

Loss

Damage and Theft

Resuming Your Journey

Cancellation Insurance

Lump Sum Payments

Caretaker Coverage

Death Itinerary

Market By Distribution Channel

Insurance Intermediaries

Insurance Company

Bank

Insurance Broker

Insurance Aggregator

Others

 

Travel Insurance Market Size – By End-User

Senior Citizens

Education Traveler

Backpackers

Business Traveler

Family Traveler

Fully independent Traveler

Market By Payment Method

Monthly Outstanding Balance Method

Single Payment Method

Travel Insurance Market Size – By Trip Type

Single Trip Travel Insurance

Annual Multi-trip Travel Insurance

Long-Stay Travel Insurance

North America has mentioned the essential proposals for the global Travel Insurance Market Size 2019, and this proposal is expected to increase over the next several years. The North American market is expected to be the largest market in the entire market. Other areas are also predicted in the same way as seeking the lead and fostering the development of this market. Geologically, the European market is the fastest region in North America. The APAC market is expected to have significant proposals in the general Travel Insurance Market Size within the expected contract period.

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Medical Marijuana Market Size Research Report - Global Forecast till 2030

Medical Marijuana Market Size 2021

COVID 19- Update: Medical Marijuana Market Size was Estimated to be US$ 16.86 Bn in 2018 and is Expected grow at a CAGR of 20.55% Over the Forecast Period; says Absolute Markets Insights

Medical Marijuana Market Size Owing To the Increasing Demand for Marijuana-Based Medicines among End-Users as a Result of Economic Prices

The use of cannabis as a medicine has been a widely debated topic among the global audience. Though the unrestricted use of marijuana can have detrimental impacts on the immune and respiratory system, proponents of marijuana-derived medicines believe that synthesis of cannabis strain in non-lethal proportions can cure ailments such as arthritis, chronic and acute pain and loss of appetite, amongst others. It has been proved that the cannabis plant is infused with approximately 700 different types of chemicals. In this, the number of cannabinoids is around 100.

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Major Key Players:

Some of the players operating in the Medical Marijuana Market Size are Abattis Bioceuticals Corp., Agripharm Corp., Aurora Cannabis Enterprises Inc.,Cannabis Sativa, Inc., CannaGrow Holdings, Inc., Canopy Growth Corporation, Cara Therapeutics, Inc, Cresco Labs, LLC, Emerald Health Botanicals Inc. , Growblox Sciences, Inc., GW Pharmaceuticals plc, Insys Therapeutics, Inc.. , Lexaria Corp., Medical Marijuana Inc., Novartis International AG, Pfizer, Inc., Teva Pharmaceuticals USA, Inc.,Tweed Inc.,United Cannabis Corporation and Whistler Medical Marijuana Corp, amongst others.

Key findings of the report:

Based on the application, pain management accounted for the highest share in global Medical Marijuana Market Size in 2018. The economic prices of marijuana medicines coupled with the reduced side effects is propelling this growth.

Based on distribution channels, pharmacies account for the highest share in the global Medical Marijuana Market Size. The ease of distribution through licensed pharmacies is a major reason for this.

As far as geography is concerned, North America accounted for maximum share in the global Medical Marijuana Market Size in 2018. This can be attributed to the liberal laws in Canada and several U.S. states and the presence of prominent marijuana producers with cutting edge technology in the region.

Market Segmentation

By Application

Pain Management

Neuropathic

Inflammatory

Neurological Health Management

Sclerosis

Epilepsy

Alzheimer’s Disease

Parkinson’s Disease

Huntington’s Disease

Other Diseases

Mental Health Management

Post Traumatic Stress Disorder (PTSD)

Depression

Anxiety

ADHD

Others

Others

By Distribution Channel

Pharmacies

Hospitals and Dispensaries

Online Retailers

By Type

Indica

Sativa

Hybrid

By Form

Capsule

Spray

Oil

Others

By Geography

North America

U.S

Canada

Mexico

Rest of North America

Europe

UK

Germany

Italy

Switzerland

Nordic Countries

Denmark

Finland

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

New Zealand

Australia

South Korea

Southeast Asia

Thailand

Malaysia

Rest of Southeast Asia

Rest of Asia Pacific

Middle East and Africa

Israel

Zimbabwe

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Uruguay

Rest of Latin America 

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Surgical Robots Market Size Overview, Growth Opportunities and Forecast to 2030

 Surgical Robots Market Size 2021

Surgical Robots Market Size is estimated to grow at a CAGR of 7.2% during the forecast period with rising automation in healthcare industry

Surgical Robots Market Size is witnessing a notable growth. Robotic surgery is an insignificantly intrusive kind of medical procedure which utilizes apply autonomy to perform surgeries. Such mechanical frameworks are worked by specialists and are made of scaled down careful instruments put on automated arms, permitting specialists to play out the medical procedure precisely. Primary development factors incorporate developing the acknowledgment of negligibly intrusive medical procedure by patients because of its additional advantages, for example, the requirement for shorter clinic remains for patients contrasted and traditional medical procedure, the presentation of new makers of adaptable and financially savvy careful robots and their rising endorsements for new ailments.

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Major Key Players:

Over recent years the demand for surgical robots has developed a competitive edge. In terms of market share, the industry today is dominated by few of the major players. The aim of these major players with a prominent market share is to broaden their customer base through foreign countries. Such businesses exploit strategic partnership strategies to improve market shares and productivity. The prominent market players in Surgical Robots Market Size include Hansen Medical, Intuitive Surgical, Medrobotics, MedTech, Mazor Robotics, Renishaw, Smith & Nephew, Stryker and THINK Surgical.

Key findings of the report:

Over the forecast period the segment of orthopedics is also expected to grow at a lucrative pace. In complete hip replacement, hip arthroscopy, and shoulder arthroscopy, positioning of pedicle screws, trauma, and general orthopedics, surgical robots are used as aids in providing surgeons with greater accuracy and precision, reducing human error.

In 2018, the market size of North America's Surgical Robots Market Size was the highest and will see similar trends over the forecast period. The growth of regional industry will be driven by increased prevalence of cancer, cardiovascular, neurovascular, gynecology and other chronic diseases coupled with high acceptance of advanced surgical treatments.

Market Segmentation

Surgical Robots Market Size:

By Component

Surgical System

Accessory

Service

By Area of Surgery

Gynecological

Cardiovascular

Neurosurgery

Laparoscopy

Urology

By Geography

North America

U.S

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East and Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America 

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Smart Home Systems Market Size - Global Industry Growth and Forecast – 2030

 Smart Home Systems Market Size 2021

Smart home systems signify the smart devices in the home that are connected by local area network (LAN), internet, Bluetooth, or any other network. Smart home systems mainly control temperature, lighting, appliances, entertainment systems, and home security devices such as alarm systems, and access control. It enables a user to control and manage smart home devices through networked devices, control panel, voice command hubs such as smartphones, and smart speakers. A house that uses home automation technology is a smart home by which human life gets simpler and better. All the devices such as water detectors, thermostats, vale locks, smoke alarms, smart sensors, humidifiers, and wireless doorbells are connected to a user’s phone or tablet through which user can control the devices from anywhere. For instance, Google Home, a set of speakers enables a user to control the home’s environment simply through a voice command. Thus, this is supporting the Smart Home Systems Market Size growth.

Smart home systems have become a helping hand for the handicapped society which propels the growth of the Smart Home Systems Market Size. Around one billion people in the world are facing some or other kind of disability. They face difficulty in accessibility and are susceptible to socioeconomic outcomes. Smart home is become a solution to them to live a comfortable lifestyle, through smart home systems they can control their house's environment easily. Smart homes also help the elder population enormously by reducing a need for a manual helping hand and simplifies things with the touch of a button. Smart Home Systems Market Size generates large demand from all architectural structures involving the handicapped, and geriatric population.

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Major Key Players:

Some of the prominent players operating in the Smart Home Systems Market Size include Alarm.com, Amazon.com, Inc., Chiyu Technology Co., Ltd., Crestron Electronics, Inc., Google LLC, Honeywell International Inc, Johnson Controls, Leviton Manufacturing Co., Inc., Logitech, Mantra Softech (India) Pvt. Ltd., Orient Electric, Robert Bosch GmbH, SAMSUNG ELECTRONICS CO., LTD., Schneider Electric, Siemens, Wirepath Home System, LLC, dba Control4, amongst others

Key findings of the report:

In terms of revenue, the Smart Home Systems Market Size is expected to witness considerable market growth over the study period attributed to the increasing implementation of internet of things (IoT) to support the expansion of the market

On the basis of system, the entertainment and other controls is expected to witness the most attractive segment during the forecast period. The growth of the segment can be attributed to the rising demand for smoke detectors and smart meters, and the rising popularity of smart hub, smart plugs, and smart locks also propels the growth. The market for entertainment and other controls is growing by the rising demand for audio, volume and multimedia controls.

Market Segmentation

By System

Lighting Control

Occupancy Sensors

Timers

Dimmers

Switches

Others

Security and Access Control

Video Surveillance Systems

Access Control Systems

Biometric Access Control

Non-Biometric Access Control

HVAC Control

Smart Thermostats

Heating and Cooling Coils

Dampers

Smart Fans

Smart Vents

Others

Entertainment and Other Controls

Entertainment Control Products

Home Theater System Controls

Others

Home Appliances

Smart Refrigerators

Smart Washers

Smart TV

Others

Others

By Country

India

Australia

Canada

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Pharmaceutical Market Size, Get Market Research, Business Risk & Industry Analysis Reports 2030

 Pharmaceutical Market Size 2021

The author of the report analyzed that the global Pharmaceutical Market Size accounted for US$ 1350.29 billion in 2017. Chronic conditions such as diabetes, depression, asthma and hypertension are increasing. The companies use FDA-regulated information to inform physicians and patients about new medicines in advance of a prescribing decision. Direct-to-consumer advertising also help in increasing the demand for a particular drug.

Growth opportunities for pharma companies are expected to increase in next few years, as many drugs are going off-patent in the US and other countries, which is increasing competition. Digital Health Knowledge Resources, Electronic Medical Record, Mobile Healthcare, Electronic Health Record, Hospital Information System and PRACTO are some of the technologies gaining wide acceptance in the sector. Pharmaceutical Market Size is facing unprecedented challenges caused by slower sales growth, shorter product life cycles, tighter regulations, expiring patents, increasing competition from generics, adverse media coverage and reputational damage, and a decline in the number of new innovative drugs under development. However, due to increasing population and income levels, demand for high-end drugs is expected to rise.

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Major Key Players:

Some of the key participants in global market are Abbott, AbbVie Inc., Albemarle Corporation, AstraZeneca, Aurobindo Pharma, Baxter, Bayer AG, Boehringer Ingelheim International GmbH, Bristol-Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, GlaxoSmithKline plc, Lupin Pharmaceuticals, Inc, Merck & Co., Inc, Novartis AG, Pfizer, Inc., Sanofi and Teva Pharmaceutical Industries Ltd. 

Key findings of the report:

Among the drug type, prescription drug is a dominant segment holding the largest market share. Existence of government-protected “monopoly” rights for drug manufacturers is driving the prescription drugs. In 2015, the US pharmaceutical industry spent $5.2 billion on advertising prescription drugs directly to consumers.

This sector is characterized by an extensive Research and Development (R&D) infrastructure and a comprehensive talent pool. It has an appropriate scientific regulatory system, and an advanced environment for fostering investments in new drug discovery and development. In the United States, R&D investments of the companies have grown consistently over the past 15 years. The U.S. Pharmaceutical Market Size is the world’s most important national market with a number of top global companies from the United States.

Market Segmentation

Pharmaceutical Market Size – By API Type  

Synthetic API

Biotech API

Pharmaceutical Market Size – By Drug Type

Prescription Drugs

OTC Drugs 

Market By Customer Base Type

Generic Drugs

Branded Drugs

Pharmaceutical Market Size – By Application Type

Oncology

Cardiovascular Disease

Diabetes

Central Nervous System and Neurological Disorders

Endocrinology

Gastrointestinal Disorders

Nephrology

Ophthalmology

Others

Market By Region

North America

U.S.

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

Southeast Asia

Rest of Asia Pacific

Middle East and Africa

GCC Countries

Southern Africa

Rest of Middle East and Africa

Latin America

Brazil

Rest of Latin America

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Smart Grid IT Systems Market Size - Global Industry Growth, New Opportunities and Forecast – 2030

 Smart Grid IT Systems Market Size 2021

The Smart Grid IT Systems Market Size is expected to grow from $ 24 billion in 2019 to $ 61.7 billion in 2023, and CAGR is expected to be +21%

Just like Technology, Electricity has become a very important part of our daily life because it is used to operate many electronics devices from our homes to offices and hospitals and manufacturing industries. Due to its usage, it is very important to keep its availability as high as possible and it should be used in the most efficient way because its resources are limited.

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Major Key Players:

The major key players of Smart Grid IT Systems Market Size offering smart grids are GE , ABB , Siemens, Schneider Electric, Itron, Landis+Gyr, Aclara, Cisco,  OSI, IBM , Wipro , Honeywell, Oracle, S&C Electric Company, Eaton , Kamstrup, Trilliant Holdings, Globema, Tech Mahindra, Enel X North America ,eSmart Systems, Tanatalus, EsyaSoft, Grid4C, and C3 Energy.

Key findings of the report:

Load handling: The power grid load / total sum is not stable and it varies with time. In the case of heavy load, a smart grid system can advise consumers to temporarily reduce energy consumption.

Demand Response Support: Provides an automatic way for users to reduce their electricity bills.

Decentralization of power generation: A distributed or decentralized grid system allows the user to generate onsite power by applying any suitable method.

Also, the high cost of smart grid upgrades is expected to have a significant impact on the growth of the Smart Grid IT Systems Market Size during the forecast period.

Market Segmentation

Market – By Software  

Advance Metering Infrastructure (AMI)

Smart Grid Distribution Management

Smart Grid Communication

Grid Asset Management

Substation Automation

Billing and Customer Information System

Smart Grid IT Systems Market Size – By Hardware

AMI meter

Sensors

Networking hardware

Programmable Logic Controller (PLC)

Market By Service

Consulting

Deployment and integration

Support and maintenance

Smart Grid IT Systems Market Size By Region

North America

U.S.

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

Southeast Asia

Rest of Asia Pacific

Middle East and Africa

GCC Countries

Southern Africa

Rest of Middle East and Africa

Latin America

Brazil

Rest of Latin America

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Stem Cell Banking Market Size, Get Market Research, Business Risk & Industry Analysis Reports 2030

Stem Cell Banking Market Size 2021

Stem cell banking offers people, an opportunity to have their cells cryogenically frozen at a time when they are perfectly healthy. The cells can be stored and kept safely for decades. Years later, people can use those cells at the time of requirement which can be during old age. Today as the medical science progresses, processes regarding stem cell collection and safe-keeping are safe, non-invasive and risk free. In the coming years, stem cell therapies can benefit many people. Hence, the market stem cell banking is growing.

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Major Key Players:

Some of the major players operating in the global Stem Cell Banking Market Size are CBR Systems, Inc., Cell Care, CHA Biotech, CordBank New Zealand, Cordlife, Cryo-Cell, CryoHoldco, Cryoviva India, CSG-BIO, Global Cord Blood Corporation., LifeCell International Pvt. Ltd., ReeLabs Pvt. Ltd., Regrow Biosciences Pvt Ltd., Smart Cells International Ltd., Stem Med Pte Ltd, StemCyte, ViaCord and Vita 34 Inc. amongst others.

Key findings of the report:

The global Stem Cell Banking Market Size is anticipated to reach US$ 15089.64 Mn by 2029 growing at a CAGR of 10% during the forecast period (2021-2029).

Umbilical cord accounted for the largest source in the global Stem Cell Banking Market Size in 2020. Cord blood stem cells can be used in therapies and transplants to treat over 85 ailments that include anaemias (different types), bone marrow cancer, leukaemias (different types), and lymphomas. More than 5,000 clinical trials are using stem cell therapies today.

In the context of medical condition, higher market share in the global Stem Cell Banking Market Size was held by cancer (leukaemias, lymphomas, etc.) in 2020. Stem cells can be used for the treatment of different types of cancer such as acute biphenotypic leukemia, acute lymphoblastic leukemia, acute myelogenous leukemia, acute undifferentiated leukemia, chronic myelogenous leukemia, chronic lymphocytic leukemia, juvenile myelomonocytic leukemia, and juvenile chronic myelogenous leukemia. In regenerative medicine, the use of stem cells has been in vogue for a long time. It is very common in the field of dermatology.

Considering the applications segment, the disease treatment & tissue regeneration segment occupied the largest market share in 2020. Stem cells that are used in disease treatment & tissue regeneration have the potential to treat various medical conditions including different types of blood cancers. They can also treat various disorders such as genetic disorders, immunity-related disorders, and metabolic disorders. The US FDA has approved the use of cord blood stem cells for the treatment of 80 diseases. Through replacement and repair approaches, stem cells are used in many medicine. Regarding tissue regeneration, stem cells can be used for repairing and restoring the damaged tissues or organs. This treatment is helpful in case of severe injuries and chronic diseases. Such stem cells can generate healthy cells that can replace diseased cells.

In 2020, North America dominated the global Stem Cell Banking Market Size. Advanced medical research being carried out in many biology-based scientific institutions in USA and Canada is aiding the region’s growth in the global market. Developed medical sector, presence of key market players, technological advancement aiding medical research, and higher investment in medical research are some other major factors that contributed to the market growth in this region.

Market Segmentation

By Service Type

Storage 

Testing and Processing

Collection 

By Source

Umbilical Cord 

Placenta

Amniotic Fluid

Bone Marrow

Others

By Medical Condition

Cancer (Leukaemias, Lymphomas, Etc.)

Non Malignant Blood Disorders (Anaemias, Hereditary Bone Marrow Failure Syndromes, Etc.)

Immune Disorder (Severe Combined Immune Deficiency (SCID), Inherited Immune System Disorders, etc.)

Metabolic Disorders (Leukodystrophy Disorders, Mucopolysaccharidosis (MPS) Storage Diseases, Etc.)

Others

By Application

Disease Treatment & Tissue Regeneration

Clinical Research

Personalized Banking Applications

By Region

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

.…

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