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The global fabric hot-melt adhesives market is expected to grow from USD 10.1 billion in 2021 to USD 17.6 billion by 2030, at a CAGR of 7.2from 2022 to 2030Hot melt is the polymer-based glue that is applied in a molten stateThe adhesive application is usually an industrial glue gun, which works through either trigger action or finger pressureGrowing demand from the packaging industry is expected to drive market growthThe packaging application segment is projected to be the fastest-growing segment during the forecast periodFactors such as increasing demand from online businesses such as e-commerce and food deliveries and the need for flexible packaging demand in the food and beverage sector are projected to contribute to the demand for polyester hot melt adhesivesAdvancements in packaging materials and technologies have boosted the demand for corrugated packaging for food and beverages.

The increased use of corrugated packaging in non-durable products is due to their cost-effective and environment-friendly propertiesFood, consumer durables, rubber, medicine, and petroleum are the predominant end-users of corrugated packaging materialsThe textile sector is projected to be the major contributor to the growth of the U.Spolyester hot melt adhesive market.

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The U.Stextile industry is highly dependent on imports from the Asia Pacific countries such as China, Bangladesh, Vietnam, and IndiaThese countries have witnessed considerable disruptions across the value chain during the ongoing COVID-19 pandemicThis has resulted in firms were working at low production capacities and ultimately a decline in exports and production during the first three quarters of 2020.

Scope of the Fabric Hot-Melt Adhesives

The study categorizes the fabric hot-melt adhesives market based on type, resin type, and application at the regional and global levels.

By Type
  • Non-Reactive Hot Melt Adhesives
  • Reactive Hot Melt Adhesives
By Resin Type
  • Ethylene-vinyl Acetate
  • Polyamide
  • Polyolefins
  • Polyurethane
  • Rubber
  • Others
By Application
  • Packaging
  • Automotive
  • Furniture
  • Textile
  • Electronics
  • Others
By Region
  • North America (US, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)
The textile segment had the largest market share, by application

Based on application, the global fabric hot-melt adhesives market is divided into packaging, automotive, furniture, textile, electronics, and othersIn 2021, the textile segment accounted for the largest market share in the global fabric hot-melt adhesives marketTextile adhesives ensure effective and long-lasting bonds, even with highly water-repellent textiles that have been pre-treated with hydrophobic polymersInnovative technologies are required to meet the growing demand for breathability and water resistance properties in products such as footwear. The rise in the textile industry in emerging economies such as India and China is anticipated to grow the market over the years.

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The textiles and fabrics segment is likely to decline revenue due to the COVID-19 pandemicNumerous textile companies were operating at low production capacities in China and India from March to May 2020The industry has started gaining in the second quarter of 2020 as there is an increase in the vendors' ordersThe interior design is an important decision criterion for purchasing a carIn textile applications, bonding technology for lamination processes helps to ensure pleasant and soft surfaces.

The Asia Pacific is accounted for the largest market share in 2021

Based on the regions, the global fabric hot-melt adhesives market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & AfricaThe Asia Pacific accounted for a revenue share in 2021The Asia Pacific witnessed the highest demand for fabric hot melt adhesives during the forecast period due to the constant demand from the textiles and fabrics industry and large packaging, electronics, and automotive sectorsIndia and China currently dominate the production of textiles and fabrics. Flexible packaging is projected to increase the opportunities for market vendors in European countriesIncreasing spending in healthcare has positively affected the packaging sector in the first half of 2020 on account of demand for PPE kits, surgical masks, and other healthcare products.

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Key Market Players

This research report contains a review of the key companies operating in the cardiovascular testing market and their winning strategies and a study of their development and marketing strategies, contributing to market growthThe profiles of such major corporations include:

  • Bostik (Arkema)
  • Cattie Adhesives
  • Evonik
  • Bühnen GmbH & CoKG
  • HellermannTyton
  • Nihon Matai Co., Ltd.
  • Spiderbond Adhesives Co., Limited
  • Henkel Limited
  • TOAGOSEI CO., LTD.

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Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

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The global medical cannabis oil market size is estimated to reach USD 4.41 billion in 2027 from USD 1.98 Billion in 2020, at a CAGR of 14.32% during the forecast period (2021-2027). Cannabis oil is extracted from a variety of cannabis Sativa plants. The characteristics of cannabis oil include reducing epileptic seizures, anti-inflammatory, pain reliever, superior moisturization, and not clogging pores properties, which have improved its usage in skincare products, edibles, wellness products, and medical products, as per the National Center for Biotechnology Information (NCBI) survey conducted between 2017 to 2018, around 62% of the population utilized cannabis-based products to treat various medical conditions. The growing research for cannabis in the medical industry has escalated the demand for cannabis oil to treat multiple symptoms caused to chronic diseases.

Medical Cannabis Oil Market Dynamics:

The rising R&D primarily drives the global medical cannabis oil market for medical cannabis, financial support by many government and private organizations for cannabis research, increasing awareness regarding the benefits of cannabis, legalization of cannabis for medical application, and rising need for therapies related to pain management owing to the rising disease burden of chronic pain are expected to propel the medical cannabis oil market in the upcoming years. Cannabis has various medical properties which help to cure various critical and normal diseases. According to the NIDA (National Institute of Drug Abuse), in 2017, the National Institute of Health (NIH) supported 330 projects and expend USD 140 million on cannabinoid R&D. During this investment, USD 36 million was expended on 70 projects to examine the therapeutic attributes of cannabis, and USD 15 million was expended on 26 projects centered on cannabinoid (CBD).

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However, the presence of strict laws, the high price of CBD products, and the absence of legalization programs in many African and Asian countries are some of the key factors hampering the growth of the market for medical cannabis oil.

Impact of COVID-19 on the Medical Cannabis Oil Market:

The outbreak of the COVID-19 pandemic has impacted the global medical cannabis oil market. As the market witnessing a decrease in demand due to the lockdown across the world, quarantine and closure of the factory in quarter 2 results in insufficient raw material supply affected the global industry over a longer duration.

Scope of the Report

The report outlines the medical cannabis oil market study based on product type, application, and distribution channel.

Based on product type, the medical cannabis oil market is segmented into –
  • Marijuana-based
  • Hemp-based

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Based on application, the medical cannabis oil market is segmented into-
  • Sleep Disorders
  • Multiple Sclerosis
  • Neurological Pain
  • Depression
  • Others
Based on distribution channel, the medical cannabis oil market is segmented into-
  • Independent Drugs Store
  • Hospital & Retail Pharmacies
  • Online Channels
Medical Cannabis Oil Market: Regional Outlook

The global medical cannabis oil market is regionally segmented into North America, Asia Pacific, Europe, South America, and Middle East & Africa (MEA). In 2020, North America was estimated to account for the largest share in the global market and will continue to maintain its leading position over the assessment period. The legalization of cannabis in various cities of the US, increasing knowledge about the benefits of CBD oil, an overall rise in the acceptance of cannabidiol for personal, pharmaceutical, and wellness use, and consumption of cannabis-based products are some factors accelerating the growth of the region.

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Europe holds the second-largest market in the western Europe region owing to the increasing knowledge related to medical applications of cannabis. The Asia Pacific is anticipated to project the fastest growth during the forecast period due to the setup of cannabis manufacturing plants, especially in China. China is the largest cannabis cultivator in Asia and cultivates about half of the globe’s production. The country also exports about 90% of its products to the UK, Germany, Japan, the US, and the Netherlands. Further, end-user players, including cosmetics and personal care, are targeting developing countries to enhance their sales and profitability. Hence, the increasing focus of cannabidiol-based product producers in the region and the growing legalization of cannabis for medical purposes in these nations are few key factors boosting the market's growth.

Competitive Landscape –

The leading manufacturers of medical cannabis oil in the global market include Aphria Inc., Curaleaf Holdings, MedMen Enterprises, Freedom Leaf, Inc., Greens Roads of Florida, and ENDOCA.

Other medical cannabis oil manufacturers include Folium Bioscience, Charlotte’s Web Holdings, Inc., Canopy Growth Corporation, CBD American Shaman, Kazmira LLC, Pharmahemp, Aurora Cannabis, HempLife Today, and Emblem Cannabis.

  • In June 2019, Freedom Leaf Inc. acquired Green Lotus companies to diversify its product offering and distribution channels.
  • In May 2019, Canopy signed an agreement with PharmaHouse Inc. They supply high-quality cannabis flowers with an additional 20% of the flowering space available for its greenhouse facility.
  • In September 2018, Emblem Cannabis launched its oral dose-metered spray along with a convenient medical delivery system. With this launch, the company has entered into a new business segment and diversified its product portfolio.

The medical cannabis oil market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players in the respective segment and region/country. The information concluded in the report includes the inputs from industry participants and industry experts across the value chain.

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Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

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The global material handling equipment market size is estimated to grow from USD 38.2 billion in 2020 to USD 57.92 billion in 2027, with a CAGR of 7.2% during the forecast period (2021-2027). Companies implementing automated solutions and robots to handle various types of material handling are expected to accelerate the growth of the material handling equipment market globally. Automated products will improve the efficiency of processes and provide a cost-effective solution for managing goods in warehouses and facilities. Automated material handling solutions is an emerging trend in the global market.

Factors Affecting the Material Handling Equipment Industry over the Forecast Period:
  • The advancement of next-generation RFID in 3PL, food & retail, and e-commerce industries with big data and IoT technology have driven the demand for material handling equipment.
  • An increase in the number of warehouses and demand for logistics solutions are estimated to propel the demand for material handling equipment.
  • Electric material handling solutions are fueling the growth of the global market due to increasing concern of environment-friendly products and fuel-efficient solutions. Also, government initiatives for the growth of electric vehicles are expected to play an important role in the growth.
  • Growing demand for automated storage and retrieval system (ASRS) in e-commerce due to the onset of COVID-19 and the rising presence of startup companies offering robotic solutions for warehouse automation will enhance the market size in the coming years.
  • However, the high initial cost of material handling equipment and the easy availability of cheap labor in developing countries impede the growth of the material handling equipment market.

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Impact of COVID-19 on Material Handling Equipment Market:

The COVID-19 pandemic has disrupted the global material handling equipment market, and companies have been forced to restructure their plans to cope with the pandemic. COVID-19 influences the world economy in various ways: impacting the supply chain and market and its financial effect on companies. Several companies have delayed their plans due to global economic issues and a lack of investment in new technologies.

Scope of the Report

The report outlines the global material handling equipment market study based on product, system type, function, and industry.

Based on the product, the material handling equipment market has been segmented into–
  • Forklifts
  • Conveyors and Sortation Systems
  • Automated Storage and Retrieval Systems (ASRS)
  • Cranes
  • Automated Guided Vehicles (AGV)

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Based on the system type, the material handling equipment market has been segmented into –
  • Unit Load Material Handling Systems
  • Bulk Load Material Handling Systems
Based on the function, the material handling equipment market has been segmented into –
  • Storage
  • Transportation
  • Assembly
  • Packaging
  • Distribution
  • Waste Handling
Based on the industry, the material handling equipment market has been segmented into –
  • Automotive
  • Chemicals
  • Aviation
  • Semiconductor & Electronics
  • E-Commerce
  • Food & Beverages
  • Healthcare
  • Metals and Heavy Machinery
Material Handling Equipment Market: Regional Outlook

Based on the region, the global material handling equipment market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America held the largest share in the global material handling equipment market, followed by Asia-Pacific and Europe. Moreover, Asia Pacific is expected to grow with a relatively high growth rate over the forecast period.

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Key Global Material Handling Equipment Market Competitors Includes –

The global Material Handling Equipment Market is fairly consolidated, with limited players across the globe. The key companies operating in the global material handling equipment market are–

  • Daifuku Co., Ltd.
  • Jungheinrich AG
  • BEUMER Group
  • Kion Group AG
  • Mecalux, S.A.
  • Toyota Industries Corporation
  • Hyster-Yale Materials Handling, Inc.
  • JBT Corporation
  • SSI Schaefer
  • Murata Machinery
  • KUKU AG.

The material handling equipment market report thoroughly analyzes macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs.

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About US:

Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

Contact US:

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The global lab automation market size was valued at USD 4.64 billion in 2020, which is expected to reach USD 7.84 billion by 2027, registering a CAGR of 6.5% during the forecast period (2021-2027). Lab automation is a versatile approach to developing and optimizing laboratory technologies; therefore, it improves medical tests and processes. An increasing range of clinical trials is expected to increase the global lab automation market during the forecast period. Moreover, the development and launch of innovative lab automation solutions are also expected to aid in the market's growth.

Factors Affecting the Lab Automation Market over the Forecast Period:
  • Increasing demand for lab automation in the pharmaceutical and biopharmaceutical sector is expected to be the growth of the global lab automation market over the forecast period.
  • The rising geriatric population and prevalence of chronic diseases, such as CVD and cancer globally are driving the global lab automation market.
  • The high spending and investment by the government on biotech and drug discovery are boosting the global market growth.
  • Lack of integration and low priority of expensive lab automation solutions in small and medium-sized laboratories will curtail the market growth over the forecast period.

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Impact of COVID-19 on Lab Automation Market:

The COVID-19 pandemic is expected to impose a huge impact on the overall healthcare industry. The governments and various associations with several market players are currently participating in developing effective solutions for the treatment of COVID-19. This, in turn, is contributing to the global sales of lab automation equipment and software. The lab automation equipment is finding extensive use cases in biopharmaceutical companies and research organizations engaged in developing COVID-19 vaccines and drugs. An increasing number of labs conducting testing for COVID-19 is also expected to speed up the demand for lab automation. Therefore, considerable growth in the lab automation market value can be expected in 2020.

Scope of the Report

The report outlines the global lab automation market study based on the equipment and software, applications, end-users.

Based on the equipment and software, the lab automation has been segmented into –

  • Automated Workstations
  • Microplate Readers
  • Robotics Systems
  • Software
  • Others

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Based on the application, the lab automation has been segmented into-

  • Drug Discovery
  • Genomics Studies
  • Clinical Diagnostics
  • Microbiology Studies
  • Others

Based on the end-users, lab automation has been segmented into-

  • Biopharmaceuticals and Pharmaceuticals Companies
  • Research Institutions
  • Academic Institutes
  • Hospitals and Diagnostic Labs
Lab Automation Market: Regional Outlook

Based on the region, the global lab automation market has been segmented into five geographical regions, namely, North America, Europe, Asia Pacific, South America, Middle East, and Africa. North America has the largest share in the global lab automation market, followed by Europe and Asia-Pacific. North America is further estimated to dominate the global lab automation market during the forecast year. Moreover, Asia Pacific is expected to project the fastest growth in the global lab automation market during the forecast period.

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Key Global Lab Automation Market Competitors Includes –

The global lab automation market has a presence of a few market players across the globe. The key lab automation manufacturers operating in the global market are –

  • Abbott Laboratories
  • Agilent Technologies Inc.
  • Danaher Corporation
  • Eppendorf Group
  • Hamilton Robotics
  • PerkinElmer Inc.
  • QIAGEN NV
  • Roche Diagnostics
  •  Siemens Healthcare
  • Tecan Group
  • Thermo Fisher Scientific Inc.

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About US:

Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

Contact US:

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The global homeopathy and homeopathic medicines market size are expected to witness a CAGR of 13.1% during the forecast period (2021-2027). Homeopathy is a system of alternative medicine created by physician Samuel Hahnemann in 1976. It is based on the principle that a substance causing symptoms of a disease in healthy people would cure similar symptoms in sick people. Homeopathy is a natural medical system produced from natural sources such as plants, animals, and minerals.

Factors Affecting the Homeopathy and Homeopathic Medicines Industry over the Forecast Period:

The growth of homeopathy and homeopathic medicines in the global market is driven by various factors such as an increase in the awareness among people regarding the benefits of homeopathic products such as minimal side effects associated with them and high prevalence of chronic and infectious diseases, such as diabetes and obesity across the globe.

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The breakthrough next-generation homeopathy software that grabs the attention of the market players. Therefore, the novel homeopathy software is expected to gain wide acceptance during the forecast period.

However, a lack of awareness among consumers regarding homeopathy and homeopathic medicines and restricted use of homeopathic products in several countries may restrain the growth of homeopathy and homeopathic medicines in the global market over the forecast period.

Impact of COVID-19 on Homeopathy and Homeopathic Medicines Market:

COVID-19 is a global public health disease that has affected almost every industry. The outbreak of COVID-19 increased the demand for homeopathy and homeopathic medicines as the COVID-19 crisis take over the world and affected the health of individuals. Therefore, with the outbreak of the COVID-19, there is a significant surge in demand for homeopathy and homeopathic medicines that have been seen across the globe, which has positively impacted the homeopathy and homeopathic medicines market value in 2020 subsequent years.

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Scope of the Report

The report outlines the homeopathy and homeopathic medicines market study based on type, application, and source.

The homeopathy and homeopathic medicines market has been segmented based on type –

  • Tincture
  • Dilutions
  • Biochemists
  • Ointments
  • Tablets
  • Others

The homeopathy and homeopathic medicines market has been segmented based on application–

  • Analgesic & Antipyretic
  • Respiratory
  • Neurology
  • Immunology
  • Others

The homeopathy and homeopathic medicines market has been segmented based on source –

  • Plants
  • Animals
  • Minerals
Homeopathy and Homeopathic Medicines Market: Regional Outlook

Based on the region, the global homeopathy and homeopathic medicines market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America held the largest share in the homeopathy and homeopathic medicines market, followed by Europe and the Asia Pacific due to rising awareness about homeopathic treatment and the rise in the use of homeopathic medicine in the region. Moreover, Asia Pacific is expected to project the highest CAGR globally over the forecast period, owing to the high prevalence of chronic diseases, such as diabetes and obesity.

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Key Global Homeopathy and Homeopathic Medicines Market Competitors Includes –

The homeopathy and homeopathic medicines market has a presence of a few market players across the globe. The key homeopathy and homeopathic medicines manufacturers operating in the global market are –

  • A Nelson and Co Ltd
  • Ainsworths Ltd.
  • Biologische Heilmittel Heel GmbH
  • Boiran Group
  • Dr. Reckeweg & Co. GmbH
  • GMP Laboratories of America Inc.
  • Hahnemann Laboratories Inc.
  • Homeolab
  • Hyland’s Co.
  • Mediral International Inc.
  • Natural Health Supply
  • PIKANA
  • SBL Pvt Ltd.
  • Standard Homeopathic Company
  • Willmar Schwabe GmbH & Co.

The homeopathy and homeopathic medicines market report thoroughly analyzes macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs.

About US:

Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

Request for Report Description @https://www.marketstatsville.com/homeopathy-and-homeopathic-medicines-market 

Contact US:

Market Statsville Group
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USA: +1-580-205-2707 | India: +91-702-496-8807
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The global IoT in healthcare market size was valued at USD 167.5 billion in 2020, which is expected to reach USD 238.3 billion by 2027, registering a CAGR of 20.4% during the forecast period (2021-2027). IoT refers to a network of inter-connected objects capable of storing and exchanging information using sensors and other devices. In healthcare sector, the penetration of advanced technologies is rapidly increasing, including the growth of IoT devices for the monitoring of patients and management of patient’s health records.

Factors Influencing the IoT in Healthcare Industry Over the Forecast Period:

The key factors for industry growth are the increasing adoption of wearable technology, the emergence of connected cars, and investments in digital technologies in healthcare applications. Moreover, the increasing focus on technological advancements and the increasing geriatric population associated with rising chronic conditions prevalence rates positively impact the market expansion rate in the coming years.

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According to one research executed by a network provider company in Aruba, almost 87% of the healthcare organizations worldwide will adopt IoT services by 2020. Researchers surveyed include approximately 3,100 IT enterprises comprised of healthcare and business decision-makers in 20 countries. This study concluded that healthcare institutions launched IoT to foster innovations, improve patient monitoring, and reduce costs.

Considering the current market trend, the rapid increase in the use of connected technology in healthcare settings for managing clinical tasks and operational workflows further drives product consumption. It raises the market size in the future. It has enabled market players to develop a platform that aids in notifying future systems downtime by issuing the automatic alert system. For instance, Philips collaborated with Open Market to develop a remote sensor technology combined with mobile messaging, called e-Alert, that informs the potential issue of the MRI system before its downtime. This innovative technology won the Most Innovative IoT Solution award in 2017. Such factors are estimated to drive the growth of the IoT in the healthcare market globally during the forecast period.

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Impact of COVID-19 on IoT in Healthcare Market:

The outbreak of this COVID-19 situation has strongly made a drastic change in all operations across the globe. Amidst the outbreak of COVID-19, several countries have practiced IoT in the healthcare system. The technology is used widely for the proper monitoring of COVID-19 patients. For instance, in Wuhan, China, IoT devices and robots were used to check the body temperatures of patients, monitor heart rates and sugar levels of COVID-19 patients. Therefore, considerable growth is expected in the IoT in healthcare market value in the fiscal year 2020. Post COVID-19, the deployment rate of IoT in healthcare is further expected to grow during the forecast period.

Scope of the Report

The report includes the global IoT in the healthcare market study based on components, applications, connectivity, and end-users.

Based on the component, the IoT in the healthcare market has been segmented into –

  • System and Software
  • Medical Devices
  • Services
  • Connectivity Technology

Based on the application, the IoT in the healthcare market has been segmented into-

  • Inpatient Monitoring
  • Telemedicine
  • Connected Imaging
  • Clinical Operations and Workflow Management
  • Others

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Based on the connectivity, the IoT in the healthcare market has been segmented into-

  • Wi-Fi
  • Satellite
  • Cellular
  • BLE
  • Near Field Communication
  • Zigbee

Based on the end-user, the IoT in the healthcare market has been segmented into-

  • Hospitals and Clinics
  • Research Laboratories
  • Clinical Research Organizations
  • Others
IoT in Healthcare Market: Regional Outlook

Based on the region, the global IoT in healthcare market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. North America has the largest share market in IoT in Healthcare due to the high adoption rate of advanced technologies in the healthcare sector in the region, especially in the US. Moreover, Asia Pacific is expected to project a considerable CAGR in IoT in healthcare market during the forecast period. This growth is attributed to the increasing spending of the governments on improving the medical facilities.

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Key Global IoT in Healthcare Market Competitors Includes –

The IoT in healthcare market has a presence of several global market players. The key IoT in healthcare market manufacturers operating in the global market are –

  • Agamatrix Inc.
  • Armis Inc.
  • Capsule Technologies, Inc.
  • Cisco Systems Inc.
  • Comarch SA
  • GE Healthcare
  • HQSoftware
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Intel Corporation
  • KORE Wireless Group
  • Medtronic PLC
  • Microsoft Corporation
  • Oracle Corporation
  • OSP Labs Pvt. Ltd.
  • Oxagile LLC
  • Resideo Technologies, Inc.
  • SAP SE
  • ScienceSoft
  • Siemens AG
  • Softweb Solutions Inc.
  • STANLEY Healthcare Solutions
  • Telit
  • Welch Allyn, Inc.

The IoT in healthcare market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs.

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Medical Nutrition Market: Segmented by Types (Pediatric Nutrition, Parental Nutrition, Elderly Nutrition, and Sports Nutrition), by Application (Pediatric Malnutrition, Gastrointestinal Diseases, Cancer, Pulmonary Diseases, and Others), by Route of Administration (Oral, Enteral, and Parenteral) and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027)

The medical nutrition market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region-wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive market analyses, capturing all the medical nutrition industry aspects.

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Medical Nutrition Industry Outlook

The global medical nutrition market size is expected to register a CAGR of 6.1% during the forecast period (2021-2027). Medical nutrition fulfills patients' requirements in boosting their immune system and improving overall health through optimal nutrition. Medical nutrition plays a significant role in treating diseases, such as diabetes, gastrointestinal disorders, obesity, cancer, HIV, Alzheimer’s, and others. The rising trend for vegan nutrition is expected to gain traction over the forecast period.

Factors Affecting the Medical Nutrition Industry over the Forecast Period:

The rise in geriatric population is rising. The need for adequate nutrients is the key factor expected to propel the market growth of the medical nutrition market over the forecast period. Also, the rising prevalence of chronic diseases, such as cancer and cardiovascular diseases (CVD), is raising the demand for medical, nutritional products in the developed and emerging economies across the globe.

Although, several small market players have started offering medical nutrition products, which in turn is leading to the rise in competition among the global market players operating in the medical nutrition market.

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However, high prices of medical nutrition products and poor reimbursement policies are some factors that will affect the medical nutrition market growth over the forecast period.

Impact of COVID-19 on the Medical Nutrition Market:

COVID-19 is a global public health disease that has affected almost every industry. The outbreak of COVID-19 has resulted in an increase in the demand for nutritional products to minimize the effect of COVID-19 in the body. Moreover, the demand for medical nutrition has surged in treating post-COVID-19 symptoms, such as weakness and fatigue, among others. The demand for nutritional supplements, such as Vitamin A and Vitamin D, has shown a considerable increase post the spread of the COVID-19 pandemic across the globe. Therefore, the medical nutrition market value is expected to impact 2020 and subsequent years positively.

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Scope of the Report

The report outlines the medical nutrition study based on type, application, and route of administration.

The medical nutrition market has been segmented based on type –

  • Pediatric Nutrition
  • Parental Nutrition
  • Elderly Nutrition
  • Sport Nutrition

The medical nutrition market has been segmented based on application–

  • Pediatric Malnutrition
  • Gastrointestinal Diseases
  • Cancer
  • Pulmonary Diseases
  • Others (Renal Failure)

The medical nutrition market has been segmented based on the route of administration –

  • Oral
  • Enteral
  • Parenteral
Medical Nutrition Market: Regional Outlook

Based on the region, the global medical nutrition market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America held the largest share in the medical nutrition market, followed by Europe and the Asia Pacific due to the region's high prevalence of chronic diseases. Moreover, Asia Pacific is expected to project the highest CAGR globally over the forecast period, owing to the increasing awareness among consumers regarding healthy products in the region.

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Key Global Medical Nutrition Market Competitors Includes –

The medical nutrition market is highly fragmented, with the presence of a large number of small players across the globe. The vital medical nutrition manufacturers operating in the global market are –

  • Abbott Laboratories
  • AYMES International Ltd.
  • B Braun Melsungen AG
  • Baxter International Inc.
  • Bayer AG
  • Cambrooke Therapeutics Inc.
  • Danone SA
  • GlaxoSmithKline Plc
  • Grifols, SA
  • Medifood GmbH
  • Nestle SA
  • Nutricia & NeoMed
  • Otsuka Pharmaceutical Co., Ltd.
  • Pfizer Inc.
  • Sichuan Kelun Pharmaceutical Co., Ltd.

The medical nutrition market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs segment and region/country. The information concluded in the report includes the inputs.

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The global blood and bone marrow cancer drug market is estimated to be USD 40.1 billion in 2021 and reach USD 66.88 billion in 2027, reach a CAGR of 8.9% during the forecast period (2021-2027). The rising incidence rate of lymphoma and the subsequently rising demand for chemotherapy are expected to push the demand for blood and bone marrow cancer drug market over the forecasted period. The increasing prevalence of blood cancer worldwide and the growing affordability of the cost of medicine employed in blood cancer treatment are likely to drive the blood and bone marrow cancer drug market growth. An improving rate of early diagnosis owing to the increasing public health awareness and the promising drug pipeline will further account for a significant growth rate of the blood and bone marrow cancer drug market.

Factors to be Prominently Impacting Performance of Global Blood and Bone Marrow Cancer Drug Market over Forecast Period

An alarmingly high prevalence of blood cancer and the rapidly increasing number of bone marrow cancer incidences will remain the primary factors driving significant demand for blood and bone marrow cancer drugs worldwide. Cancer drugs continue to garner research interest, leading to the identification of some new potential drug classes that may aid ineffective treatment of some of the most common types of blood and bone marrow cancers. This will most likely provide an impetus to market expansion in the near future.

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Moreover, clinical investigations around the potential applicability of other cancer drugs in the treatment of blood and bone marrow cancers are also working to the advantage of market growth. Technological advancements in medical services and changing lifestyles are expected to bring new growth opportunities to the blood and bone marrow cancer drug market in the near future. Increasing inclusion of blood and bone marrow cancer drugs in novel combinational therapies is anticipated to be fueling the market growth through 2027. However, the potential side effects associated with the blood and bone marrow cancer drug therapies like chemotherapy and radiation therapy continue to limit the market's growth to a measurable extent.

Impact of COVID-19 on Blood and Bone Marrow Cancer Drug Market

The COVID-19 pandemic has held an adverse impact on drug supplies. The companies working in the cancer drugs market have been operating with significant restrictions imposed by governments and shortages of manpower, which created a major concern for the market. It also led to some serious disruptions in clinical research. While the pandemic has initially had a severe impact on oncology drug supplies to patients, including those with blood and bone marrow cancers, it also restricted the accessibility and administration of cancer treatments in and outside hospitals. Clinical trials scheduled for new potential cancer drugs also went on a complete halt due to the viral outbreak. While COVID-19 predominantly attacks the immune system, it remains a fact that cancer patients are more prone to viral infection amid the pandemic. This had initially developed as a significant challenge for healthcare facilities. The market is expected to pick up as the pandemic subsides gradually.

Scope of the Report

The report outlines the global blood and bone marrow cancer drug market study based on indication and therapy.

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Based on indication, the blood and bone marrow cancer drug market has been segmented into –
  • Multiple Myeloma
  • Leukemia
  • Lymphoma
Based on therapy, the blood and bone marrow cancer drug market has been segmented into –
  • Chemotherapy
  • Immunotherapy
  • Stem Cell Transplant
  • Radiotherapy
Blood and Bone Marrow Cancer Drug Market Regional Outlook

The global blood and bone marrow cancer drug market has been segmented into five geographical regions: North America, Asia Pacific, South America, Europe, the Middle East, and Africa. North America holds the largest share in the global blood and bone marrow cancer drug market in 2020, followed by Europe. Moreover, Asia Pacific is the fastest-growing market and is expected to project the highest CAGR in the global blood and bone marrow cancer drug market over the forecast period. The sales of blood and bone marrow cancer drugs are likely to be prominent across developed western markets as the regions house a large number of global pharma leaders and are equipped with supportive regulatory framework that encourages blood and bone marrow cancer drug development.

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Key Global Blood and bone marrow cancer drug Market Competitors Includes

The global blood and bone marrow cancer drug market is highly fragmented, with the presence of a large number of players across the globe. The key players operating in the global blood and bone marrow cancer drug market include–

  • Bristol Myers Squibb & Company
  • AstraZeneca, Plc.
  • Eli Lilly & Company
  • Johnson and Johnson Company
  • F. Hoffman La-Roche Ltd.
  • Celgene, Inc.
  • Merck & Co., Inc.
  • Novartis AG
  • Varian Medical Systems, Inc.
  • Pfizer, Inc.

Blood and bone marrow cancer drug market report provides a thorough analysis of macro-economic factors and the market attractiveness of every segment. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the presence of the market players in the respective segment and regional/country. The information concluded in the report includes the inputs from primary interview respondents and survey.

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Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

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The global blood glucose monitoring market size was estimated to be USD 13.95 billion in 2021 and reach USD 23.01 billion in 2027, which is expected to register a CAGR of 8.7% during the forecast period, 2021-2027. Blood glucose monitoring devices are economically beneficial and extensively used for effective diabetes management in hospital and clinical settings as well as home healthcare settings. This will remain an important factor driving the growth of the blood glucose monitoring market. The market will continue to benefit from rapid technological innovations, advancements in continuous glucose monitoring devices, and a benefit of early detection of hypo and hyperglycemic diabetes.

More than 450 million adults were recorded to be living with diabetes in 2020, of which almost 90% have type 2 diabetes, as indicated by the International Diabetes Federation (IDF). With such a high prevalence rate, it becomes imperative to regularly monitor blood glucose levels to prevent an episode of hypo or hyperglycemia. An extremely high prevalence of type 2 diabetes is expected to push blood glucose monitoring worldwide during the forecast period.

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Key Growth Influencers Likely to be Associated with Global Blood Glucose Monitoring Market over Forecast Period

Key elements driving this market are the rising rate of diabetes prevalence and the expanding geriatric populace susceptible to diabetes. The market is additionally pushed by developing mindfulness about diabetes preventive care, new product launches, and favorable government initiatives. With an expanding patient pool living with diabetes and surging awareness among patients about routine blood sugar self-monitoring at home, the demand for blood sugar monitoring devices will remain on an uptrend. This is further expected to receive support from the favorable reimbursement policies for continuous glucose monitoring systems and self-monitoring devices. These devices are popular among consumers as they assist with following the advancement of treatment objectives and understand how the ailment influences the glucose levels in the blood.

Growing public awareness about the health hazards of diabetes and the significance of regular home health monitoring as a preventive measure will heavily contribute to rising sales of blood glucose monitoring devices in the market. Growing inclination toward using smart monitoring apps is also anticipated to propel the growth of the blood glucose monitoring market during the forecast period. However, insufficient reimbursement and high expenses related to the use of blood glucose monitoring devices and product recalls are some of the key factors that negatively impact sales of blood glucose monitoring devices.

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Impact of COVID-19 on Blood Glucose Monitoring Market

With the outbreak of the COVID-19, there has been a significant surge in demand for blood glucose monitoring devices as diabetes remains among the key comorbidities, and the diabetic population remains the one at high risk of acquiring the viral infection and spread it further. The growing importance of home health monitoring amid the pandemic has also positively impacted the blood glucose monitoring market value in 2020 and beyond. Companies operating in the healthcare devices segment have experienced a surge in revenues from their diabetes care divisions. Moreover, the pandemic also gave rise to an emergency assessment at hospitals for continuous glucose monitoring to enable reliable monitoring of diabetic COVID-19 patients and restrict their exposure to maintain the health of healthcare professions serving around. In the US, the FDA even issued a new guidance for expanding remote health monitoring devices suitable for use at home.

Scope of the Report

The report outlines the global Blood Glucose Monitoring market study based on type, devices, and end-users.

Based on the type, the blood glucose monitoring market has been segmented into –
  • Invasive
  • Non-invasive
Based on the device, the blood glucose monitoring market has been segmented into –
  • Continuous blood glucose monitoring system
  • Self-monitoring blood glucose monitoring system
Based on the end user, the blood glucose monitoring market has been segmented into–
  • Hospitals
  • Diagnostic Center
  • Clinics
  • Others
Blood Glucose Monitoring Market Regional Outlook

Based on the region, the blood glucose monitoring market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East, and Africa. In 2020, North America held the largest share in the blood glucose monitoring market, followed by Europe and the Asia Pacific. In North America, United States held the largest share due to the large patient pool, high healthcare companies, and advanced technologies. Moreover, Asia Pacific is expected to project the highest CAGR globally over the forecast period.

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Key Global Blood Glucose Monitoring Market Competitors Includes

The blood glucose monitoring market is highly fragmented, with a large number of small players across the globe. The vital blood glucose device manufacturers operating in the global market are –

  • Abbott Laboratories
  • ARKRAY, Inc.
  • Bayer AG
  • Dexcom, Inc.
  • Lifescan Inc.
  • Ascensia Diabetes Care Holdings AG
  • B. Braun Melsungen AG
  • Terumo Medical Corporation
  • Medtronic plc
  • Nipro Diagnostics, Inc.
  • F. Hoffmann-La Roche Ltd
  • NU Skin Enterprises
  • NBTY Inc.
  • Herbalife International
  • Bionava Lifesciences.

The blood glucose monitoring market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs.

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The global enterprise payment software market size is expected to grow from USD 589.2 Million in 2020 to USD 936.4 Million by 2027, at a CAGR of 8.4% from 2021 to 2027. Enterprise payment software helps large and multinational companies streamline and optimize payments processing. Through this type of software, companies can increase the efficiency of their payment activities by reducing errors, preventing fraud, automating the processing of large numbers of transactions, and transferring funds from customers to suppliers in multiple currencies. This software can also assist in processing payments from different sales mediums, such as retail, e-commerce, and on the go.

Factors such as the growing trend for big data analytics and cloud computing and centralized control of the entire payment lifecycle are anticipated to drive the rapid market growth. Moreover, to compete in the industrial payment market, several financial institutes globally focus on providing more user-friendly, simplified, and secured payment systems. Several solution vendors are offering customized payment software as per the industry's needs and requirements. This is expected to be one of the major factors for the rapid growth of the market across the globe.

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Furthermore, the global enterprise payment software is attributed to driving over the forecast period due to the high digital payment penetration. Digital payment makes transaction facilities easier and faster in real-time, which is beneficial for various applications, including BFSI, Food& beverage, pharmaceuticals, and many more. Moreover, the rising e-commerce sector across the world coupled with rising in several initiatives for promoting digital payments impacts lucrative thrust to the market's growth over the forecast years.

Global Enterprise Payment Software Market Dynamics

Drivers: Centralized Control of the Entire Payment Lifecycle (Secure Payment)

The enterprise payment software market is driven by centralized control of the whole payment lifecycle and accurate and secure electronic payments. Financial institutions are concentrating on creating more simplified, user-friendly, and secure payment solutions to compete in the industrial payment market. Several solution providers offer customized payment software that is adapted to the demands and specifications of the industry. Furthermore, the software purchase can be a one-time expenditure or a monthly payment for businesses. To avoid data security problems, leading solution vendors are creating more secure payment structures.

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The major players have developed enterprise payment software to secure payments across the nation. For instance, in May 2021, Appetize Payments, an all-in-one solution that combines payment processing services with Appetize's best-in-class cloud software, has been launched by Appetize, the leading digital commerce platform. Appetize Payments, which was launched when quality management and hospitality brands wanted to consolidate their tech stack, eliminates the need for expensive third-party services, gives pricing transparency, and provides a single point of contact. Appetize Payments was created in response to growing demand from enterprise customers for a more simplified and transparent payment solution.

Restraints: High Costs Associated with Customized Software

Large businesses can afford customized payment software to handle different payment systems processes. The customized software may be extremely expensive for medium and small businesses. This aspect is expected to hinder the customized software market's growth among small and medium-sized businesses. The various enterprise payment software are available at different prices such as Bill.Com delivers financial process efficiency to small businesses and medium-sized companies at $39 user/ month, Tipalti is the only end-to-end solution to automate the complete global payables operation in a unified cloud platform at $149 per month, and ModoPayments is the payments orchestration platform for enterprises at $140.050 per month among others.

Opportunities: Availability of Pricing Options for Various Enterprises

The availability of pricing options for the various enterprises is expected to create demand for such software among small & medium enterprises. Thus it is expected to create an opportunity among the enterprises to install such software. The pricing of the software as per the requirements of the enterprises is offered by the major players. For instance, in December 2020, a new company in digital banking Revolut has released online payment acceptance solutions for its corporate clients, aiming to compete with payment giants such as Stripe and Adyen. Revolut unveiled its new acquisition solution, which would let businesses use plug-in checkout software or create unique features to accept card payments over the internet. It offers customized solutions and is available for small and medium-sized enterprises and large enterprises.

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Scope of the Report

The study categorizes the enterprise payment software market based on component, deployment mode, end-use industry at the regional and global levels.

By Component (Revenue, USD Billion, 2017-2027)
  • Software
  • Services
By Deployment Mode (Revenue, USD Billion, 2017-2027)
  • Cloud-Based
  • On-Premises
By End-Use Industry (Revenue, USD Billion, 2017-2027)
  • Retail
  • IT & Telecom
  • Healthcare
  • BFSI
  • Others
By Region (Revenue, USD Billion, 2017-2027)
  • North America (US, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)
The cloud-based segment of the enterprise payment software market is projected to account for the highest CAGR by deployment model

Based on the deployment mode, the enterprise payment software market has been segmented into cloud-based and on-premises. The cloud-based segment is expected to project the highest CAGR of 9.4% in the global enterprise payment software market during the forecast period. Cloud-based software solutions are increasingly gaining traction in the global market due to their reliability, scalability, requires comparatively less maintenance, and is cost-effective than on-premise software solutions. Hence, the market for solutions is expected to increase in the coming years.

North America accounts for the largest share in the enterprise payment software market.

Based on the regions, the global enterprise payment software market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. The North American market is expected to drive the market's growth and hold the highest 36.9% market share in 2020 worldwide. Besides, the Asia Pacific is expected to be the fastest-growing region with a 10.2% CAGR in the global Enterprise Payment Software market, followed by South America in terms of growth.

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In North America, the United States dominated the Enterprise Payment Software market in 2020, followed by Canada. It is majorly attributable to the rising number of companies offering enterprise payment software that promotes the market's growth. This, along with the rise in spending on digital technologies and robust growth in the e-commerce industry worldwide in both the United States and Canada, is further responsible for the dominance of the North American market in the industry.

Key Market Players

The enterprise payment software market is mildly concentrated in nature with few numbers of global players operating in the market, such as Sage Payment Solutions Inc., Tipalti Solutions Ltd., Bottomline Technologies Inc., Nvoicepay Inc., Aliant Payment Systems Inc., Bill.com Inc., CANOPUS Money Transfer, ConnectPay LLC, CSI Paysystems, Datasoft Group of companies Jobvite, Elavon, Forte Software Inc., Global Payments Inc., MineralTree Inc., and Payline Data Services LLC.

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Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG initiated its work in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.

We the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact.

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