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Vitamin D Testing Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

According to the report by Expert Market Research (EMR), the global vitamin D testing market size is expected to grow at a CAGR of 4% between 2023 and 2028. Aided by the rising health awareness among consumers, the market is expected to grow significantly by 2028.

Vitamin D testing involves a blood test that measures the level of 25-hydroxyvitamin D in the blood, which is the most accurate way to measure the amount of vitamin D in the body. Adequate levels of Vitamin D are crucial for calcium absorption in the body, ensuring healthy bones and teeth. In addition to its traditional roles, vitamin D is increasingly recognised for its benefits in combating diseases like diabetes, multiple sclerosis, and even cancer. With its pivotal role in overall health, vitamin D testing becomes an integral part of preventive healthcare and disease management.

The global vitamin D testing market growth is primarily driven by the increased awareness of the importance of preventive healthcare. As the understanding of vitamin D’s wide-ranging health benefits continues to spread, there has been a significant shift towards regular health check-ups, which often include vitamin D testing. This growing health consciousness, coupled with an ageing population at higher risk of vitamin D deficiency, has further propelled the need for vitamin D testing, making it a routine element in preventive healthcare measures.

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The expansion of vitamin D testing applications in various health fields also significantly contributes to the vitamin D testing market expansion. Vitamin D testing is crucial in the healthcare industry for the detection and treatment of a number of illnesses, such as osteoporosis, renal disease, and some forms of cancer.

Furthermore, the growing prevalence of lifestyle-induced disorders, such as obesity and cardiovascular diseases, which often correlate with low vitamin D levels, has led to increased focus on vitamin D testing as a crucial component of comprehensive health evaluations. With the rise of sedentary lifestyles and indoor occupations reducing sun exposure – the primary source of vitamin D – there is an escalating need for regular vitamin D level assessments, fuelling the vitamin D testing market development.

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Market Segmentation

The market can be divided based on type and region.

Market Breakup by Type

• 25-Hydroxy Vitamin D Test
• 1,25-Dihydroxy Vitamin D Test

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global vitamin D testing companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• F. Hoffmann-La Roche Ltd.
• Abbott Laboratories
• Siemens Corporation
• Danaher Corporation
• Quest Diagnostics, Inc.
• DiaSorin S.P.A.
• bioMérieux SA
• Others

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About Us

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Diagnostic Imaging Services Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Diagnostic Imaging Services Market Share, Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global diagnostic imaging services market, assessing the market based on its segments such as type, application, end-use, and major regions like Asia Pacific, Europe, North America, Middle East, and Africa and Latin America.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 361.5 Billion
Forecast CAGR (2023-2028): 6%

The increasing incidence and prevalence of chronic diseases are one of the key factors for the increasing demand for diagnostic imaging services all across the globe. Moreover, rising awareness related to acute care, image-guided medical procedures, and improved treatment planning is also motivating the diagnostic imaging services industry.

Diagnostic Imaging Services Industry Definition and Major Segments

Diagnostic imaging is used to aid the diagnosis of the body or its parts for a particular medical condition. A variety of techniques are used to create body image. The type of techniques used by the physician depends on the condition and symptom of the patient. Along with understanding the patient’s health needs, it also maintains the privacy and security of the sensitive data by providing access to different verticals.

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On the basis of type, the Diagnostic Imaging Services market is segmented into:

X-ray
Magnetic Resonance Imaging (MRI)
Ultrasound
Computed Tomography (CT)
Nuclear Imaging
Others

The market is also segmented by application into the following sub-segments

Cardiology
Gynaecology/Obstetrics
Orthopaedics and Musculoskeletal
Oncology
Neurology and Spine
General Imaging

Based on end-use, the market is segmented into

Hospitals
Diagnostic Imaging Centres
Ambulatory Surgical Centres
Others

The regional markets for Diagnostic Imaging Services include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Diagnostic Imaging Services Market Trends

Significant demand for medical imaging services is witnessed all across the globe. The increasing number of diagnostic imaging centres, rising geriatric population, and increase in chronic diseases such as cancer and CVD are some of the key factors for market growth.

Moreover, increased awareness for early diagnosis and government programs for early diagnosis of critical diseases also support market growth. As a result, investment by the government and the private sectors in imaging facilities is increasing, aiding the market growth. The US is expected to be a major contributor to the market whereas emerging economies such as China, India, and Brazil will provide significant growth to the market.

Key Market Players

The major players in the market are Siemens Healthineers, Hitachi, Ltd., Koninklijke Philips N.V., GE Healthcare, Shimadzu Corporation among few others. The report covers the market shares, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Business Jets Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Business Jets Market Share, Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global business jets market, assessing the market based on its segments like aircraft type, end use, systems, services, platform and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 24.74 billion
Forecast CAGR (2023-2028): 7%
Forecast Market Size (2026): USD 37.13 billion

The market for business jets has seen substantial growth due to factors such as the increasing number of staff and the introduction of fresh aircraft programs. Also, increased knowledge across different segments offers an enormous market opportunity for key players in the business jets market. The light aircraft segment is expected to grow at the fastest rate during the forecast period.

The expansion of the light aircraft segment can be attributed to its growing use as business jets for inter- and intra-city transportation, as well as greater brand marketing by manufacturers. The sector is expected to grow even more as technology advances and the middle-class population grows. The business jet industry is expected to grow as air mobility improves in both developed and developing countries.

Business Jets Industry Definition and Major Segments

A private jet, often known as a business jet or bizjet, is a jet aircraft designed to transport small groups of people. Business jets can be customised for specific missions, such as casualty evacuation or parcel delivery, and some are used by public bodies, government officials, and the military services.

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Based on the aircraft type, the industry is divided into:

Light
Mid-Sized
Large
Airliners

Based on the end use, the industry is divided into:

Private
Operators

Based on the system, the industry is divided into:

OEM
Aftermarket

Based on the services, the industry is divided into:

Charter Services
Jet Card Programs
Debit as You Fly Program
Fractional Ownership

Based on the platform, the industry is divided into:

Fixed Wing
Rotary Wing

The regional markets for business jets include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Business Jets Market Trends

Geographically, North America currently holds the largest market share and is likely to maintain that position throughout the forecast period. The region has the world’s largest operational business jet fleet, with the United States accounting for most of them. Most of the demand is for light and large jets due to the presence of numerous high-net-worth people and corporate companies. In addition, there has been a rise in demand for charter services in the region during the last few years.

In 2020, demand for business aviation has increased as a result of COVID-19’s influence on commercial aviation. Even though overall flight activity decreased in 2020, business aviation flight activity began to recover steadily in May of that year. Furthermore, following the lifting of COVID-19 pandemic restrictions in the region in 2021, corporate jet activity began to surge. In addition, charter companies have reduced their pricing to accommodate the business jet prospects. The expansion of charter operations in the region has prompted charter operators to embark on fleet modernization plans in order to improve fleet efficiency.

Key Market Players

The major players in the market are APG-Neuros, Safran S.A. (SAF (EPA)), Curtiss-Wright Corporation (CW (NYSE)), Esterline Technologies Corporation, Meggitt PLC (MGGT (LON)), United Technologies Corporation (UTX (NYSE)), Eaton Corporation Inc (ETN (NYSE)), Ametek, Inc. (AME (NYSE)), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Bone Sonometer Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Bone Sonometer Market Share, Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global bone sonometer market, assessing the market based on its segments like product and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 9.8 billion
Forecast CAGR (2023-2028): 9%
Forecast Market Size (2026): USD 16.5 billion

The growth of the global bone sonometer market is driven by the rising prevalence of osteoporosis and increasing case of bone fractures. Additionally, the market is expected to be aided by the increasing prevalence of juvenile osteoporosis, due to growing nutritional deficiencies in children.

Moreover, the prevalence of bone disorders in geriatric population such as osteoarthritis, rheumatoid arthritis is likely to bolster the market growth. However, the increasing research and development activities in healthcare sector for better diagnosing technologies and availability of alternative diagnostic tools may hinder the market growth over the forecast period.

Bone Sonometer Industry Definition and Major Segments

Bone sonometer also known as dual energy X-ray absorptiometry or bone densitometry, refers to a medical device used to check bone health. It utilises ultrasonic waves for determining bone density and produces an image. It is widely used in diagnoses of osteoporosis and detect vertebral fractures.

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On the basis of product, the market is categorised into:

Stand-alone bone sonometers
Portable bone sonometers

The regional markets for bone sonometer include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Bone Sonometer Market Trends

Regionally, North America is expected to dominate the global bone sonometer market. This can be attributed to the presence of well-developed healthcare infrastructure. Additionally, the presence of key players and on-going research and development activities for better diagnosing technologies are projected to aid the market. Europe is anticipated to follow North America due to presence of large geriatric population.

Meanwhile, the Asia Pacific is projected for the fastest growth rate due to rising investment for development of healthcare sector in developing economies such as India and China. Moreover, factors such as increasing expenditure on health care, rising awareness about various bone disorders and high prevalence of osteoporosis in post-menopausal women are expected to augment the growth over the growth over the forecast period.

Key Market Players

The major players in the market are DMS Imaging, General Electric Co., Osteosys Co., Ltd., Hologic Inc., Swissray Global and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Ballast Water Management Market Share, Size, Trends, Price, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Ballast Water Management Market Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global ballast water management market, assessing the market based on its segments like technology and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

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The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 7%
Forecast Market Size (2026): USD 3.4 billion

The market for ballast water management has seen substantial growth due to factors such as the technological advances in the installation procedure of ballast water management systems on ships. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the ballast water management market. The growing popularity of containerized ballast water management systems is propelling the market forward.

Physical disinfection technology is expected to have the largest market share in the future due to rising demand for ballast water management systems, which has resulted in advancements in physical disinfection systems. As a result of increased initiatives to use this system in the region, Asia-Pacific is the emerging market.

Ballast Water Management Industry Definition and Major Segments

Ballast water is stored in ships to ensure structural integrity and stability, but its discharge into a non-native environment could be toxic and have negative consequences. Ballast water management involves executing mechanical, physical, and chemical techniques separately or in combination to prevent aquatic organisms and pathogens from one location from entering the maritime environment of another.

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Based on the technology, the industry is divided into:

Physical Disinfection
Chemical Method
Mechanical Method

The regional markets for ballast water management include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Ballast Water Management Market Trends

Geographically, during the forecast period, APAC is expected to hold the highest share of the ballast water management market. The APAC region’s market expansion is aided by the presence of a large number of ports and harbours for the commerce of oil and chemicals, automotive components, electronic components, and devices, among other things.

With increased ocean freight volumes from several nations such as China, India, and South Korea to other areas of the world, this region remains a significant growth market for Ballast Water management. Growth in ocean freight is likely to result in higher adoption of the Marine Environmental Protection programme in the next years, which will drive market expansion.

Key Market Players

The major players in the market are Alfa Laval, Headway Technology Group (Qingdao) Co. Ltd., Panasia Co. Ltd., Samsung Heavy Industries Co. Ltd., Wärtsilä Corp. s, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Precision Forestry Market Share, Size, Trends, Price, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Precision Forestry Market Size, Share, Report and Forecast 2023-2028’, gives in-depth analysis of the global precision forestry market, assessing the market based on its segments like component, technology, application, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/precision-forestry-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2020): USD 4 Billion
• Forecast CAGR (2023-2028): 8.8%
• Forecast Market Size (2026): USD 6.6 Billion

In the coming years, the global precision forestry market is expected to grow at a rapid rate. This is primarily due to the growing popularity of cut-to-length harvesting technology, which makes it easier to cut trees. Furthermore, growing demand for wood across various industry sectors is expected to propel the global precision forestry market forward.

Precision forestry entails the use of cutting-edge technologies to complete time-consuming forestry tasks. Factors such as increased mechanisation of forestry operations, lower costs of advanced monitoring and surveillance technology, the demand for forestry products, and increased government support for the adoption of modern forestry techniques to combat illegal logging are expected to drive the global precision forestry market in the coming years.

Precision Forestry Industry Definition and Major Segments

Precision forestry is the process of preparing, executing, and monitoring forest management practises and operations in order to enhance the quality of wood products, minimise waste, maximise profits, and protect the environment. Precision forestry has the potential to change the forestry industry by making it more cost-effective and reliable, which is driving the precision forestry market forward.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/precision-forestry-market

On the basis of the component, the precision forestry market is divided into:

• Services
• Software
• Hardware

Based on technology, the industry can be segmented into:

• CTL
• Geospatial
• Fire Detection

The industry can be broadly categorised based on its applications into:

• Genetics and Nurseries
• Silviculture and Fire Management
• Harvesting Management
• Inventory and Logistics Management

Based on region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Precision Forestry Market Trends

The market size is expected to grow at a faster rate over the forecast period due to increased adoption of forest mapping technologies such as Global Positioning Systems (GPS), Internet of Things (IoT), and remote sensing to keep track of the changing forest environment. Precision forestry allows for the transition from conventional forestry practises to more cost-effective and environmentally sustainable forest management techniques, resulting in more profitable forest resource management.

The use of IoT sensors in forestry applications is growing because they enable forest authorities to gather useful information about forest resources. It also increases their data collection capabilities and gives them more power over forest operations. Precision forestry helps foresters make better management decisions by allowing them to collect accurate data on forest cover.

Precision forestry market growth is fueled by the increasing use of Unmanned Aerial Vehicles (UAVs)/drones in measuring the size of wood chip piles, which aids in determining whether trees recently planted on FSC-certified land are growing well. The precision forestry market is projected to be dominated by North America. This is mostly due to the high degree of mechanisation of forestry operations in countries like the United States and Canada.

Furthermore, the region’s extensive forests, rising demand for industrial round wood, and increasing replacement of old forestry harvesters are expected to boost the precision foretry market in the coming years.

Key Market Players

The major players in the market are Deere & Company (NYSE: DE), Ponsse Plc, Komatsu Forest, Treemetrics, Rottne, Sampo-Rosenlew Oy, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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NFC Market Share, Size, Trends, Price, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global NFC Market Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global NFC market, assessing the market based on its segments like product, applications and major regions.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2020): USD 17.1 billion
Forecast CAGR (2023-2028): 28.4%
Forecast Market Size (2026): USD 76.7 billion

The NFC market is being driven by the rising trend for mobile commerce. In applications, using NFC on a smartphone to make payments and other transactions is highly easy. It has a wide range of applications in a variety of fields, including banking, reservations, and ticketing. Meanwhile, the rising application of the product in medical sector as it helps to keep track of patient’s medical records. Companies unveiled innovative solutions for the healthcare field, such as wearable NFC tags.

The automatic time stamps that help capture patient activities and allow easy maintenance and update of patient records in the healthcare and medical sector serve to improve patient care. During pandemic, NFC has helped to greater extent in smoother and cashless transactions. The product is likely to witness great demand in the forecast period, buttressed by various IT companies.

NFC Industry Definition and Major Segments

Near field communication, abbreviated as NFC, is a wireless technology with a short range. It enables compatible devices to communicate over relatively short distances. At least one transmitting and one receiving device are required to send the signal. The NFC standard can be used by a wide variety of devices, both passive and active.

Tags and other small transmitters in passive devices can send data to other NFC devices without requiring their own power supply. These devices cannot process data from other sources and cannot communicate with other passive components. These gadgets are capable of both sending and receiving data in active devices. They are capable of communicating with both active and passive devices.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/nfc-market

The NFC market, on the basis of product, can be segmented into:

SD Cards
SIM Cards
NFC Covers
NFC ICs
NFC Tags
NFC Readers

On the basis of application, the market can be categorized into:

Access Control
Ticketing
Data Sharing
Medical Devices
Transaction
Product Identification
Others

The regional markets NFC include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

NFC Market Trends

The rising demand for mobile commerce has been witness over a period now. NFC technology is now used by smartphone users to make payments. Furthermore, with technologies like NFC-enabled PoS systems, mobile devices have become an essential means of data transfer. Various financial institutions are working with mobile app developers to create apps that will allow customers to conduct business transactions. Moreover, the increasing efforts by the companies investing in NFC technology is the key trend bolstering the market growth in the forecast period.

Key Market Players

The major players in the market are Thales Group, Broadcom Inc., Infineon Technologies AG, Identitv, Inc., NXP Semiconductors N.V., and others.

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Media Contact

Company Name: Claight Corporation
Contact Person:- John Walker, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
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Ferroalloys Market Share, Size, Trends, Price, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Ferroalloy Market Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global ferroalloy market, assessing the market on the basis of its segments like process, product, application, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It was also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Ferroalloy Market Share, Price, Size, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

Forecast CAGR (2023-2028): 6.10%

The increasing demand for ferroalloys can be attributed to the increasing production of stainless steel and related products. Various types of ferroalloys are used in steel making to provide different properties to the product, such as durability against alkalis and acids, and it also increases the product’s corrosion resistance.

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Majority of ferroalloys are used in the production of steel and related products and the demand for such products can pose a significant influence on the ferroalloy market. Thus, the increasing demand for steel in the construction and automotive industry is a major factor driving the market growth.

One of the major regions, the Asia Pacific region, is going through extensive infrastructural development, which acts as a major factor in driving the demand for steel products. In the region, China is one of the largest countries actively producing and consuming ferroalloys and it is expected to stay in the leading position over the upcoming years as well. China, alongside emerging market regions such as India, Malaysia, Indonesia, Vietnam, and South Korea, are expected to further develop the market.

Ferroalloy Industry Definition and Major Segments

Ferroalloy is an alloy of iron which contains a high proportion of one or more other elements, such as silicon, chromium, aluminium, and chromium, among others. These alloys are utilised to manufacture many advanced materials and they are usually prepared by combining iron with other elements under very high temperatures.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/ferroalloys-market

The segments of the market, based on process, include the following:

• Carbothermic Reduction Process
• Metallothermic (Alumino Thermic Process)
• Hall Electrolytic Process

The market divisions, based on product, include the following:

• Ferromolybdenum
• Ferronickel
• Ferrotungsten
• Ferrovanadium
• Ferroboron
• Ferrotitanium
• Ferroaluminium
• Ferroniobium
• Others

Based on application, the market bifurcations include:

• High Grade Steel
• Superalloys
• Welding Electrode
• Others

Based on region, the market can be segmented as follows:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Ferroalloy Market Trends

The growing industrialisation and urbanisation are major factors aiding the development of the market value. The construction industry is one of the largest utilisers of steel products, and as mentioned before, steel manufacturing is the major process that utilizes ferroalloys. With the rising construction and infrastructural developments in multiple countries, steel production and consumption can have a significant influence on the ferroalloy market growth.

However, the utilisation of carbon fibres, instead of stainless steel, can hamper the demand and hinder the growth of the ferroalloy market. The automotive industry is increasingly implementing carbon fibres due to their light weight, durability, and load-carry capacity, as they can aid in reducing the weight of the vehicle.

Key Market Players

The major players in the ferroalloys market report include:

Essel Mining & Industries Limited (EMIL)
DS Alloyd Pvt. Ltd
LekonGermess Ltd
METRACO NV
FE Mottram Limited
AMG Advanced Metallurgical Group N.V.
Tata Steel Limited
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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United States Medical Cannabis Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘United States Medical Cannabis Market Share, Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the United States medical cannabis market, assessing the market based on its segments like buds, oils, tinctures, and major regions.

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The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2020): USD 6.27 billion
• Forecast CAGR (2023-2028): 46.5%
• Forecast Market Size (2026): USD 16.36 billion

Medical marijuana usage is subject to unusual fluctuations in disposable incomes, despite the fact that spending on health items is less likely to fluctuate. As a result, increased disposable income would boost demand for medical cannabis. The chronic pain segment dominates the application market.

United States Medical Cannabis Industry Definition and Major Segments

Cannabis is a psychoactive drug derived from the cannabis plant, which belongs to the Cannabaceae family. Ancient Indian, Chinese, Egyptian, and Islamic societies all used the drug. Cancer, chronic pain, depression, asthma, diabetes, glaucoma, migraines, epilepsy, multi-sclerosis, AIDS, amyotrophic lateral sclerosis (ALS), Alzheimer’s, post-traumatic stress disorder (PTSD), Parkinson’s, and Tourette’s are among the disorders with which cannabis is now used. Owing to its therapeutic effects, cannabis has been licenced for medical use in a number of countries with varying degrees of legal restrictions.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/united-states-medical-cannabis-market

Based on the product, the industry can be divided into:

• Buds
• Oils
• Tinctures

Based on species, the industry is segmented into:

• Indica
• Sativa
• Hybrid

The market can be broadly categorised based on its applications into:

• Chronic Pain
• Mental Disorders
• Cancer
• Others

The distribution channels can be divided into:

• Dispensaries
• Pharmacies
• Online Retailers

The EMR report looks into the regional markets like:

• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West

United States Medical Cannabis Market Trends

The region’s ageing population has aided in the growth of the medical cannabis industry, as geriatric patients are more likely to develop chronic diseases and need more doctor visits. Clinical trials, research and development, and the commercialization of cannabis-based indications are also expected to fuel market growth.

Key Market Players

The major players in the market are Green Man Cannabis, Los Sueños Farms LLC, Copperstate Farms, LLC, Harvest Health & Recreation, Inc., GrowHealthy Holdings, LLC, Vireo Health of New York (OTC: VREOF) and LivWell Enlightened Health LLC. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Takaful Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2023-2028

The ‘Global Takaful Market Share, Size, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global takaful market, assessing the market on the basis of its segments like products, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Takaful Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Forecast CAGR (2023-2028): 13%

The increasing awareness pertaining to financial risks across Muslim countries is driving the takaful market growth. The rising investments towards proper planning and effective strategising of takaful broking are leading to an expansion of the takaful customer base. In addition, the increasing cases of accidents, life threatening mishaps, and cases of house damage are leading to an escalating number of takaful claimers, leading to greater growth of the takaful market.

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Meanwhile, general takaful contracts, which protect personal liabilities, are witnessing a significant demand due to the growing adoption of cars, increasing number of business start-ups, and rising investments aimed towards building residential plots.

Over the forecast period, the anticipated increase in demand for family takaful insurance, owing to the rising population and escalating concerns about family security is likely to boost the market growth. Moreover, family takaful facilitates savings to be used during death or illness. In this regard, the increasing cases of chronic diseases such as cancer and tuberculosis due to the sedentary lifestyles led by the population is garnering the takaful market growth.

Furthermore, takaful offers some notable advantages as compared to conventional insurance policies. For instance, in conventional insurance policies, the insurance company is responsible for the risk and profits are shared only with the policy holder. While in takaful, the profit of a fund is shared among the takaful participants and risk is transferred to all the participants which reduces the burden on a single group.

Takaful Industry Definition and Major Segments

Takaful, also known as Islamic insurance, refers to a solidarity scheme which is made for Islamic followers. Under this scheme, a pool of money is created which is made by the contributions of takaful members. This scheme ensures a mutual guarantee to secure the takaful members and provide them with aid at the time of huge financial losses, accidents, or misfortunes.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/takaful-market

Based on product, the market can be segmented into:

• Life/Family Takaful
• General Takaful

On the basis of region, the market can be categorised into:

• Gulf Cooperation Council (GCC)
• South East Asia
• Africa
• Others

Takaful Market Trends

The key trends in the global takaful market include the favourable government initiatives in Islamic countries aimed towards enhancing the living standards of the Muslim population by bringing a sense of security in terms of money. In addition to this, the growing competition between private banks to set up takaful companies across emerging Islamic economies is further providing impetus to the market.

In February 2022, AlHuda CIBE, a centre of Islamic banking based in the United Arab Emirates, and Tawhid Bank announced the signing of an agreement to develop a Takaful company in Tajikistan, marking the country’s first. The aim of this agreement is to bolster the foundation of the Islamic financial industry. This takaful company would also aid the financial status of those with separate religious beliefs. Hence, developments like these are likely to augment the takaful market.

In terms of regions, the Middle East and Africa account for a significant share in the market due to the high Muslim population across Islamic countries such as Saudi Arabia and the United Arab Emirates, among others. The increasing efforts by major insurance companies across the developing nations of the region, aimed towards escalating shares to gain additional capital, which will in turn bolster the business growth, are likely to expand opportunities for the market in the coming years.

Key Market Players

The major players in the takaful market report are

JamaPunji (SECP)
Qatar Islamic Insurance
SALAMA Islamic Arab Insurance Company
Takaful Brunei Darussalam
Prudential BSN Takaful Berhad
Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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