Press Release

According to a market report by Lucintel, the future of the eye care market in the US looks promising with opportunities in the retail stores, clinics, hospitals, and e-retail markets. The major drivers for this market are increases in eye disorders, awareness towards eye health and hygiene, and increase in disposable income. In this market, eye glasses, contact lenses, intraocular lenses, eye drop, and others are the major product types. Eye glass is expected to remain the largest segment over …

According to a market report by Lucintel, the future of the oral care market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience store, and e-retail markets. The major drivers for this market are awareness towards oral hygiene, increase in disposable income and consumer spending, rise in demand for natural ingredient products for toothpastes, increases in dental problems, such as mouth cancer, bad breath, tooth decay and others. In this market, toothbrush, toothpaste, and mouthwash are the major …

According to a market report by Lucintel, the future of the facial care market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, and e-retail markets. The major drivers for this market are growing awareness for healthy skin and skin appearance, rise in per capita income, increasing environmental pollution, and growing demand for organic facial care products. In this market, facial cream, antiaging, and sun protection are the major product types. Facial cream will remain the largest …

According to a market report by Lucintel, the future of the baby skin care market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, and e-retail markets. The major drivers for this market are growing awareness about the importance of baby skin care products, rise in per capita income, and growth in demand for premium baby skin care products. In this market, baby face cream, baby body lotion, baby powder, and baby oil are the major product …

According to a market report by Lucintel, the future of the sun care market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, and e-retail markets. The major drivers for this market are growing awareness regarding organic sun care products, changing lifestyle, consumer awareness towards ill-effects of ultraviolet rays on skin, and growth in demand for premium sun care products. In this market, sun protection products, after-sun products, and self-tanning are the major product types. Sun protection …

According to a market report by Lucintel, the future of the snack food market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience store, and e-retail markets. The major drivers for this market are rise in replacement of meals with snack items as due to covid-19 lockdown people are forced to stay indoors and as a result, they purchase snack items in bulk. Also there is change in lifestyle. In this market, frozen snacks, savory snacks, fruit snacks, …

According to a market report by Lucintel, the future of the edible oil market in the US looks promising with opportunities in the supermarkets/hypermarkets, department stores, e-retail markets. The major drivers for this market are increasing awareness towards unprocessed organic oil and inclination towards omega3, vitamin and natural anti-oxidants rich edible oil. In this market, industrial, food service, and retail are the major end use segments of edible oil. The food service segment is expected to witness the highest growth …

According to a market report by Lucintel, the future of the hand care market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience store, and e-retail markets. The major drivers for this market are rising awareness towards hand hygiene, increase in disposable income, rise in demand for natural ingredient products’ Covid-19 outbreak has also triggered hand wash sales. In this market, hand wash, beauty product, and sanitizer are the major product types. Hand wash is expected to remain …

According to a market report by Lucintel, the future of the baby food market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience store, and e-retail markets. The major drivers for this market are rise in per capita income, improving consumer living standards, high birth rate, and increasing parental consciousness towards proper growth and nourishment of their children. In this market, milk formula, dried baby food, prepared baby food, and others are the major product types. Milk formula …

According to a market report by Lucintel, the future of the hair care market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience store, drug store & pharmacies and e-retail markets. The major drivers for this market are increases in hair fall problems, awareness towards hair hygiene, increase in disposable income and consumer spending, and rise in demand for natural ingredient products. In this market, hair spray, conditioner, shampoo, hair oil and other are the major product types. …

According to a market report by Lucintel, the future of the smart sports equipment market in the US looks promising with opportunities in the supermarkets/hypermarkets, specialty/sports shop and e-retailers market. The major drivers for this market are increasing demand of equipment for tracking of fitness and measuring athletics performance and its IoT based new and advance features. In this market, smart balls, smart golf stick, smart hockey sticks, and smart rackets & bats are the major product types used by …

According to a market report by Lucintel, the future of the cider market in the US looks promising with opportunities in the supermarket/hypermarket, specialty stores, and e-retail markets. The major drivers for this market are growing demand for gluten-free drinks and rise in inclination for low alcohol beverages. In this market, apple, fruit flavor, and lemon are the major flavor. Fruit flavor cider is expected to witness highest growth over the forecast period due to number of varieties available in …

According to a market report by Lucintel, the future of the pet food market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, and e-retail markets. The major drivers for this market are growing awareness regarding organic pet food products, availability of specific foods for pets according to age and breed, benefits related to dry organic and natural pet food, and growth in demand for premium pet food. In this market, dry food, wet/canned food, nutritious food, …

According to a market report by Lucintel, the future of the fresh seafood market in The US looks promising with opportunities in the retail, institution, and food services markets. The major drivers for this market are rise in seafood consumption, awareness regarding benefits of seafood, and change in lifestyle. In this market, fresh fish, seafood, and others are the major product type. Fresh fish is expected to remain the largest segment over the forecast period due to growing demand of …

According to a market report by Lucintel, the future of the margarine market in the US looks promising with opportunities in the supermarkets/hypermarkets, convenience stores, and e-retail markets. The major drivers for this market are shifting of consumers towards margarine from butter with negative impact of bad fats, increasing application in bakery items, and health benefits such as reduction in low-density lipoprotein (LDL). In this market, hard, soft, and liquid margarine are the major product types. Hard margarine is expected …

According to a market report by Lucintel, the future of the biostimulant by active ingredient market looks promising with opportunities in various segments. The global biostimulant by active ingredient market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing need for sustainable agriculture approach, limited investments, and easier raw material availability. In this market, humic substances (humic acid and fulvic acid), seaweed extracts, microbial amendments, trace minerals, …

According to a market report by Lucintel, the future of the microirrigation systems market looks promising with opportunities in the farmers and industrial users segment. The global microirrigation systems market is expected to grow with a CAGR of 18% from 2019 to 2024. The major growth drivers for this market are efficient usage of water resources in drought conditions, low-cost irrigation technique, higher yield requirement from limited area, and rapid growth in greenhouse vegetable production. In this market, microsprinkler irrigation …

According to a market report by Lucintel, the future of the antifouling paint and coating market looks promising with opportunities in shipping vessels, fishing boats, yachts & other boats, inland waterways transport, and drilling rig & production platform applications. The global antifouling paint and coating market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing demand for antifouling paints & coatings in boat hulls and underwater surface …

According to a market report by Lucintel, the future of the retro-reflective material market looks promising with opportunities in the traffic control & work zone, conspicuity, fleet & vehicle registration, and personal safety applications. The global retro-reflective material market is expected to grow with a CAGR of 17% from 2019 to 2024. The major growth drivers for this market are growing demand from end use industries, such as construction, transportation, and presence of well-established retro-reflective material manufacturers. In this market, …

According to a market report by Lucintel, the future of the non-woven adhesive market looks promising with opportunities in the baby care, feminine hygiene, adult incontinence, and medical applications. The global non-woven adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are increasing urban population, rising penetration of disposable hygiene products, and growth in emerging economies. In this market, styrenic block copolymers (SBC), EVA, and amorphous poly …

According to a market report by Lucintel, the future of the metallocene polyolefin (mPO) market looks promising with opportunities in the film & sheet, and injection molding markets. The global metallocene polyolefin (mPO) market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are high productivity of metallocene catalyzed polyolefins and increasing demand from various applications. In this market, metallocene polyethylene (mPE) and metallocene polypropylene (mPP) are the major …

According to a market report by Lucintel, the future of the antifreeze/coolant market looks promising with opportunities in the automobile, industrial, and other (aerospace and electronics) industries. The global antifreeze/coolant market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are rising vehicle production, increasing road transportation, and government legislations for antifreeze/coolants. In this market, ethylene glycol, and polypropylene glycol, are the major coolant type. Polypropylene glycol is the …

According to a market report by Lucintel, the future of the smart kitchen appliances market looks promising with opportunities in the residential and commercial market. The global smart kitchen appliances market is expected to grow with a CAGR of 29% from 2019 to 2024. The major growth drivers for this market are The major growth drivers for this market are rising discretionary income of the people worldwide, growing awareness about energy-efficient and eco-friendly appliances, and high technological advancements in smart …

According to a new market report published by Lucintel, the future of the molecule diagnostic market looks promising with opportunities in the reference laboratories, and hospital/academic laboratories. The global molecule diagnostic market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are high prevalence of infectious diseases and various types of cancer, increasing awareness and acceptance of personalized medicine and companion diagnostic, growth in the biomarker identification market and advancements …

According to a market report by Lucintel, the future of the 1,4 butanediol market looks promising with opportunities in the THF, PBT, GBL, and PU applications. The global 1,4 butanediol market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are the growing demand from THF industry, increasing demand for PBT, and emerging markets, which will drive the demand for PU, and growth in emerging markets. Within the 1,4 …

According to a new market report published by Lucintel, the future of the needle free injection system market looks promising with opportunities in the hospitals and clinics, homecare settings, research laboratories, pharmaceutical and biotechnology companies. The global needle free injection system market is expected to grow with a CAGR of 16% from 2019 to 2024. The major drivers for this market are growing prevalence of chronic diseases, increasing incidence of communicable diseases due to needle stick injuries, and rise in …

According to a new market report published by Lucintel, the future of the medical robot market looks promising with opportunities in the clinics, ambulatory surgical centers, and hospitals. The global medical robot market is expected to grow with a CAGR of 21% from 2019 to 2024. The major drivers for this market are growing demand for accurate and proper laparoscopic surgeries, advantages offered by robot-assisted training in rehabilitation therapy, increase in funding for medical robots research, issuance of IPOS by …

According to a new market report by Lucintel, the future of the lubricant additive market looks promising with opportunities in automotive lubricants, heavy duty motor oil (HDMO), passenger car motor oil (PCMO), industrial lubricant, metal working fluids, industrial engine oils, and general industrial oils industries. The global lubricant additive market is expected to grow with a CAGR of 3% from 2019 to 2024. The major growth drivers for this market are high growth in developing nations, industrialization, growth of the …

According to a market report published by Lucintel, the future of the mHealth solution market looks promising with opportunities in the public/private healthcare institutions, physicians, and healthcare workers. The global mHealth solution market is expected to grow with a CAGR of 33% from 2019 to 2024. The major growth drivers for this market are increasing penetration of smartphones, tablets, and other mobile platforms, increasing utilization of connected devices and mHealth apps for the management of chronic diseases, cost containment in …

According to a market report by Lucintel, the future of the minimally invasive surgical instrument market looks promising with opportunities in the government hospitals, private hospitals and surgical clinics, and academic and research institutes. The global minimally invasive surgical Instrument market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are increasing number of surgeries among the aging population, minimally invasive surgeries help reduce healthcare costs and time, technological advancements, …

According to a market report by Lucintel, the future of the organic pea protein market looks promising with opportunities in the nutritional supplements, beverages, meat extenders, & analogs, snacks and bakery products application. The global organic pea protein market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are increasing demand for organic products, government support for organic farming, rising vegan population, and high nutritional profile of pea In …

According to a new market report published by Lucintel, the future of the neurostimulation market looks promising with opportunities in the hospitals and scientific research laboratories. The global neurostimulation market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are rise in the aging population that is having chronic diseases and increase in the usage of neurosimulation therapies. In this market, spinal cord stimulator, deep brain stimulator, sacral nerve stimulator, …

According to a new market report published by Lucintel, the future of the nuclear medicine/radiopharmaceutical market looks promising with opportunities in the hospitals, diagnostic centers, and research institutes. The global nuclear medicine/radiopharmaceutical market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are increasing incidence and prevalence of cancer and cardiovascular diseases (CVD) and growing investment through public private partnerships to modernize diagnostic imaging centers, alpha radioimmunotherapy (RIT) based targeted …

According to a market report by Lucintel, the future of the omega-3 PUFA market looks promising with opportunities in the dietary supplements, functional foods & beverages, pharmaceuticals, and infant formula. The global omega-3 PUFA market is expected to grow with a CAGR of 13% from 2019 to 2024. The major growth drivers for this market are increasing demand for omega-3 in functional foods and pharmaceuticals, increase in application profiling and existing applications, innovative production technologies, and increasing cases of chronic …

According to a market report by Lucintel, the future of the organic personal care market looks promising with opportunities in the consumer goods and services sector. The global organic personal care market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth driver for this market are increasing demand for cosmetics and skin and hair care coupled with rising need for environment- and animal-friendly products and rising R&D expenditure to introduce improved plant and …

According to a market report by Lucintel, the future of the pore strip market looks promising with opportunities in the departmental stores, convenience stores, specialty stores, and online retailers. The global pore strip market is expected to grow with a CAGR of 7% from 2019 to 2024. The major growth driver for this market are the growing fashion consciousness coupled with increasing pollution level leading to facial skin problems. In this market, charcoal, silica, tea-tree oil are the major ingredient …

According to a market report by Lucintel, the future of the refrigerated display case market (plug-in and remote) looks promising with opportunities in the consumer goods and services sector. The global refrigerated display cases (plug-in and remote) market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are proliferation of supermarkets, hotels and cafes, changing food consumption trends, and technological developments. In this market, plug-in (self-contained) and remote are …

According to a market report by Lucintel, the future of the physician dispensed cosmeceutical market looks promising with opportunities in the hospital pharmacy, retail pharmacy, and online sales. The global physician dispensed cosmeceutical market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are the ground level knowledge about the dynamic consumer preferences, adverse effects of a stressful lifestyle, damages caused to skin, eyes, and hair by UV rays, …

According to a market report by Lucintel, the future of the organic rice protein market looks promising with opportunities in the sports, energy nutrition, bakery, confectionery market, meat analogs & extenders, and dairy alternatives sectors. The global organic rice protein market is expected to grow with a CAGR of 18% from 2019 to 2024. The major growth drivers for this market are the high functional properties available in rice protein, potential alternative to animal and other plant proteins and increase …

According to a market report by Lucintel, the future of the sheet face mask market looks promising with opportunities in the market of consumer goods and services. The global sheet face mask market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are the increasing awareness related to benefits of sheet masks such as anti-ageing and skin hydration and the fast moving lifestyles, pollution, product efficacy and safety and …

According to a new market report published by Lucintel, the future of the genomic market looks promising with opportunities in the research centers, academic and government institutes, hospitals and clinics, and pharmaceutical and biotechnology companies. The global genomic market is expected to grow with a CAGR of 10% from 2019 to 2024. The major drivers for this market are increasing government funding and growth in the number of genomic projects, decreasing sequencing costs, growing application areas of genomic, and entry …

According to a new market report by Lucintel, the future of the electrophysiology market looks promising with opportunities in the hospitals, emergency clinics, cardiac centers, diagnostic centers, and healthcare providers. The global electrophysiology market is expected to grow with a CAGR of 10% from 2019 to 2024. The major drivers for this market are technological advancements, growing prevalence of atrial fibrillation, rapid growth in aging population with higher risk of target diseases, and increasing burden of cardiovascular diseases across the …

According to a market report by Lucintel, the future of the gluten-free product market looks promising with opportunities in the conventional sources, hotels and resorts, educational institutions, hospitals and drug stores, and specialty stores. The global gluten-free product market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are health benefits, adoption of special dietary lifestyles, increasing awareness of celiac disease and food allergies, and wider availability of gluten-free …

According to a market report by Lucintel, the future of the flexible electronics and circuit market looks promising with opportunities in the consumer electronics, energy & power, healthcare, automotive, military, defense, & aerospace, and industrial industries. The global flexible electronics and circuit market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 10% to 12% from 2020 …

According to a new market report published by Lucintel, the future of the healthcare IT market looks promising with opportunities in the healthcare providers, hospitals, ambulatory care centers, home healthcare agencies, nursing homes, and assisted living facilities, diagnostic and imaging centers, pharmacies and healthcare payers. The global healthcare IT market is expected to grow with a CAGR of 16% from 2019 to 2024. The major drivers for this market are growing need to manage regulatory compliance through healthcare it solutions, …

According to a new market report published by Lucintel, the future of the E-prescribing market looks promising with opportunities in the hospitals, office-based physicians, and pharmaceuticals. The global E-prescribing market is expected to grow with a CAGR of 21% from 2019 to 2024. The major growth drivers for this market are government initiatives & incentive programs, rising focus on the reduction of fraud and abuse of controlled substances, focus on reducing medication errors, and need to curtail escalating healthcare costs. …

According to a market report published by Lucintel, the future of the healthcare analytic/medical analytic market looks promising with opportunities in the payers, private insurance companies, government agencies, employers and private exchanges, hospitals, physician practices, IDNs and healthcare providers, post-acute organizations, ambulatory settings, ACOs, HIEs, MCOs and TPAs. The global healthcare analytic/medical analytic market is expected to grow with a CAGR of 27% from 2019 to 2024. The major drivers for this market are implementation of government initiatives to increase …

According to a new market report published by Lucintel, future of the botanical extract market looks promising with opportunities in food, beverages, cosmetics, and pharmaceuticals. The global botanical extract market is expected to grow with a CAGR of 8%-9% from 2020 to 2025. The major drivers for this market are increasing consumer awareness on health and wellness products, rising demand of natural flavors in food applications, and preference for natural health products. In this market, spices, herbs, flowers and tea …

According to a new market report published by Lucintel, the future of the medical device security market looks promising with opportunities in the healthcare providers, medical device manufacturers, and healthcare players. The global medical device security market is expected to grow with a CAGR of 9% from 2019 to 2024. The major drivers for this market are increasing instances of healthcare cyberattacks and threats, growth in geriatric population and subsequent growth in chronic disease management, government regulations and need for …

According to a new market report published by Lucintel, the future of the medical bionic implant /artificial organ market looks promising with opportunities in the hospitals, clinics, research and academic institutes. The global medical bionic implant /artificial organ market is expected to grow with a CAGR of 7% from 2019 to 2024. The major drivers for this market are increasing demand among the patients for organ transplantation, growing technological advancement in the medical technologies, increasing investments made for research and …