Pet Care Market is Projected to reach USD 202.6 billion by 2025 : Grand View Research, Inc.

The global pet care market is expected to reach USD 202.6 billion by 2025, according to a new report by Grand View Research, Inc. Rise in the adoption of pets and growing demand for premium care products are few factors expected to drive market growth.

Advances in technology are making boarding, grooming, and training facilities more easily accessible to the owners. According to Wakefield Research, 69% of millennials are likely to use technology to keep track of their pets. Apps are allowing owners to monitor health habits, nutritional intake, and playtime. Built-in calendars alert owners to routine care provided by pet care services companies. More millennials and others are embracing the latest innovations in technology related to caring for their pets, including pet cams and automated feeders

Mobile device apps such as Wag and DogVacay help owners conveniently connect with pet walkers and sitters. Finding Rover uses facial recognition to unite lost pets and their owners. The services industry can anticipate continued innovation.

Enticed by lower start-up costs than maintaining a brick-and-mortar business, more groomers are getting into mobile grooming on their own or through franchises. Mobile groomers typically advertise through veterinary offices and local pet shops.According to estimates of the American Pet Products Manufacturers Association, Americans will spend USD 5.4 billion on pet grooming and boarding services in 2017.

Larger services providers such as retailers PetSmart and PETCO run regular marketing campaigns through use of print, broadcast, digital, and social advertising platforms. Smaller providers rely on word-of-mouth. Mobile groomers advertise with company vans and promote their businesses through retailers and veterinarians.

Full research report on pet care market analysis:
https://www.grandviewresearch.com/industry-analysis/pet-care-market

Further key findings from the report suggest:

·         The global pet care market size was estimated at USD 131.7 billion in 2016 and is expected to grow with CAGR of 4.9% from 2016 to 2025

·         Based on type, dogs held the largest market share owing to increase in the adoption of dogs and health benefits associated with them.

·         Cats are anticipated to witness lucrative growth over the forecast period. Cats help reducing stress and anxiety, decrease risk of stroke and require less training.

·         The pet food segment was estimated to be the largest product segment due to growing demand for premium food products and natural & organic products.

·         Boarding and grooming services segment is anticipated to witness fastest growth over the forecast period owing to advances in technology, making boarding, grooming, and training more easily accessible for the owners

·         U.S. held the largest share in market in 2016 due to rising animal healthcare expenditure and growing awareness of animal health in the country.

·         India is anticipated to witness lucrative growth over the next decade due to increase in adoption of pets and rising disposable income.

·         Some of the key players including PetSmart Inc., PetCo Animal Supplies, Inc., Nestle, Just for Pets and Ancol dominated the pet care market in 2016.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/consumer-goods

Grand View Research has segmented the global pet care market on the basis of type, products and region:

Type Outlook (Market Revenue in USD Million, 2014 - 2025)

·         Dog

·         Cat

·         Fish

·         Bird

Product Outlook (Market Revenue in USD Million, 2014 - 2025)

·         Pet Food

·         Veterinary Care

·         OTC/Supplies

·         Live Animal Purchase

·         Pet Boarding/Grooming

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    India

o    Japan

·         Latin America

o    Brazil

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-pet-care-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/

Research Antibodies Market size is expected to reach USD 4.30 billion by 2025 : Grand View Research, Inc.

The global research antibodies market size is expected to reach USD 4.30 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% during the forecast period. The market is predominantly driven by growing number of R&D collaborations among various public and private organizations to promote technical advancements in product development activities and disease progression studies. Consistent recommendations and guidelines issued by regulatory organizations for laboratories to facilitate generation of accurate results and ensure high-quality standards are slated to enhance adoption of research antibodies over the coming years. For instance, in May 2016, the International Society for Stem Cell Research issued revised guidelines for cell-based therapies. The revised guidelines were issued with a focus to improve overall efficiency and quality of preclinical studies.

In addition, prominent market players are entering into partnership with R&D entities that are anticipated to open new avenues. In December 2016, Bayer AG and Versant Ventures collaborated to invest around USD 225.0 million for the establishment of a stem cell research facility in Canada to encourage commercialization of regenerative medicine therapies. Increasing prevalence of breast cancer and soaring need for personalized medicine is stirring up the demand for advanced techniques, which in turn is creating ample growth opportunities for the research antibodies market.

Full research report on research antibodies market analysis: https://https://www.grandviewresearch.com/industry-analysis/research-antibodies-market

Further key findings from the report suggest:

·         Primary antibodies were the most prominent product segment in 2016 owing to greater specificity leading to increased adoption in research activities. The segment is expected to account for more than 65.0% of the overall market revenue by 2025

·         On the basis of type, monoclonal antibodies captured substantial share of the market in 2016, owing to high sensitivity for detection of antigens and efficient staining properties with less background noise. The segment is anticipated to rise at a CAGR of 6.6% during the forecast period

·         Western blotting commanded the leading share in the market, due to benefits such as better immunogenic response from infectious agents and higher cost efficiency. The immunoprecipitation segment is estimated to post the highest CAGR of just over 7.0% during the same period

·         Mouse antibodies are relatively easier to produce and possess greater specificity, thus resulting in higher adoption in R&D and accounting for the largest market share in 2016.

·         Oncology accounted for over 36.0% of the overall revenue in 2016 as a consequence of growing cancer population

·         Pharmaceutical & biotechnology companies will be the leading end users of research antibodies owing to increased adoption in drug development and discovery. The segment is poised to represent more than 61.0% of the overall revenue by 2025.

·         Contract research organizations are likely to be the most promising end-user segment during the forecast period owing to greater cost efficiency

·         North America will continue to be the dominant revenue contributor throughout the forecast period owing to local presence of various biotechnology & biopharmaceutical manufacturers striving to compete in the market

·         Some of the key players in the global arena are Abcam PLC; Agilent Technologies; and Thermo Fisher Scientific, Inc. The research antibodies market is moderately consolidated and highly competitive due to low entry barriers.

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/biotechnology

Grand View Research has segmented the global research antibodies market on the basis of product, type, technology, source, application, end-use, and region:

Research Antibodies Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Primary

·         Secondary

Research Antibodies Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Monoclonal Antibodies

·         Polyclonal Antibodies

Research Antibodies Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Immunohistochemistry

·         Immunofluorescence

·         Western Blotting

·         Flow Cytometry

·         Immunoprecipitation

·         ELISA

·         Others

Research Antibodies Source Outlook (Revenue, USD Million, 2014 - 2025)

·         Mouse

·         Rabbit

·         Goat

·         Others

Research Antibodies Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Infectious Diseases

·         Immunology

·         Oncology

·         Stem Cells

·         Neurobiology

·         Others

Research Antibodies End-use Outlook (Revenue, USD Million, 2014 - 2025)

·         Academic & Research Institutes

·         Contract Research Organizations

·         Pharmaceutical & Biotechnology Companies

Research Antibodies Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o     Canada

·         Europe

o    U.K.

o     Germany

·         Asia Pacific

o    Japan

o    China

o     India

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

o    South Africa

Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-research-antibodies-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/

Artificial Intelligence Market expected to reach USD 35,870.0 million by 2025 : Grand View Research, Inc.

The global artificial intelligence market is expected to reach USD 35,870.0 million by 2025 from its direct revenue sources, growing at a CAGR of 57.2% from 2017 to 2025, whereas it is expected to garner around USD 58,975.4 million by 2025 from its enabled revenue arenas, according to a new report by Grand View Research, Inc.

Artificial Intelligence (AI) is considered to be the next stupendous technological development, alike past developments such as the revolution of industries, the computer era, and the emergence of smartphone technology. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base. Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The AI market can be categorized based on solutions, technologies, end use, and geography.

The two major factors enabling market growth are emerging AI technologies and growth in big data espousal. The growing prominence of artificial intelligence is enabling new players to venture into the market by offering niche application-specific solutions. Furthermore, companies are also engaging in industry consolidations in a bid to gain competitive advantages. For instance, in January 2017, Microsoft Corporation acquired Maluuba for advancing in the deep learning and Artificial Intelligence (AI) landscape. Existing solution providers are innovating their product portfolio to include both hardware and software solutions.

The Asia Pacific regional market is expected to be the fastest-growing market, owing to the rapid improvements in information storage capacity, high computing power, and parallel processing, which have contributed to the swift uptake of artificial intelligence technology in end-use industries such as automotive and healthcare.

AI has the potential to reduce the burden on clinicians and provide an efficient tool to workforces for accomplishing their tasks in a better way. For instance, AI voice-enabled symptom checkers can better access a situation and assist patients to the emergency department when immediate treatment is required. AI is expected to resolve around 20% of unmet healthcare demands.

Full research report on artificial intelligence market analysis: http://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market

Further key findings from the report suggest:

·         Growth in the volume of data being generated from different end-use industries is expected to provide traction to the technology adoption

·         The increasing adoption of image and pattern recognition in the Asia-Pacific region is expected to provide new growth opportunities over the forecast period.

·         The North America region is one of the early adopters of advanced technologies and renders organizations to adopt artificial intelligence capabilities at a faster pace.

·         The increasing amount of digital data (in the form of speech, videos, and images, from different social media sources such as IoT and consumer analytics) is driving the need for data mining and analytics. AI is extensively used by several media and online services such as Google Assistant, dialogue and voice recognition of Siri, Microsoft Cortana, image classification in Facebook & Google Photo, and Amazon’s Alexa.

·         The key industry participants include Atomwise, Inc., Lifegraph, Sense.ly, Inc., Zebra Medical Vision, Inc., Baidu, Inc., H2O ai, IBM Watson Health, NVIDIA, Enlitic, Inc., Google, Inc., Intel Corporation, and Microsoft Corporation.  

View more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the artificial intelligence market based on solutions, technologies, end use, and regions:

Artificial Intelligence Solution Outlook (Revenue, USD Million, 2014 - 2025)

·         Hardware (HW)

·         Software (SW)

·         Services

Artificial Intelligence Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Deep Learning

·         Machine Learning

·         Natural Language Processing

·         Machine Vision

Artificial Intelligence End use Outlook (Revenue, USD Million, 2014 - 2025)

·         Healthcare

o    Robot Assisted Surgery

o    Virtual Nursing Assistants

o    Hospital Workflow Management

o    Dosage Error Reduction

o    Clinical Trial Participant Identifier

o    Preliminary Diagnosis

o    Automated Image Diagnosis

·         BFSI

o    Risk Assessment

o    Financial Analysis/Research

o    Investment/Portfolio Management

o    Others

·         Law

·         Retail

·         Advertising & Media

·         Automotive & Transportation

·         Agriculture

·         Manufacturing

·         Others

Artificial Intelligence Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         South America

o    Brazil

·         The Middle East & Africa

Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-artificial-intelligence-ai-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: https://www.grandviewresearch.com/