Finger Splint Market Trend | COVID – 19 Outbreak, Size, Leading Players and Forecast to 2027

Transparency Market Research delivers key insights on the global finger splint market. In terms of revenue, the global finger splint market is estimated to expand at a growth rate of ~7% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global finger splint market report.

In the report, TMR predicts that the global finger splint market would be largely driven by factors such as increasing incidence of accidental, sports, and adventure related injuries across the world. Moreover, usage of advanced materials to manufacture splints is expected to boost the demand for finger splints in the coming years.

According to the finger splint market research report, in terms of type, the market has been divided into frog splints, finger extension splints, finger cot splints, thumb spica splints, and others.

Based on type, thumb spica splint is expected to remain dominant in the global finger splint market. This is due to rising preference for leisure sports, physical activities/fitness, and aerobics significantly across the globe. In addition, thumb spica splint is mainly used to secure nonemergency injuries to bones until it can be checked by a consultant such as an orthopedic surgeon. Most sports injuries happen on the thumb area, due to which demand for thumb spica splint is very high. The thumb spica splint is indicated in radially-based hand and wrist injuries.

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In terms of material, the global finger splint market has been classified into aluminum, neoprene, plastic & thermoplastic, aluminum/foam, and others. Aluminum/foam held majority share in 2018 and is projected to hold the same position based on revenue generation during the forecast years as well. Aluminum/foam finger splints are sturdy, lightweight, foam-laminated aluminum splints that curve for appropriate immobilization. Plastic & thermoplastic and neoprene is projected to dominate the market in terms of CAGR growth rate as the material is majorly used in thumb spica splint and thumb spica splint is dominating the global market.

Finger Splint Market: Drivers, Opportunities, and Restraints

Large number of global manufacturers who have technical expertise and core competencies are in constant efforts to develop and manufacture splinting products to attract more customers, which is boosting the demand for finger splints across the globe. Moreover, aging population worldwide is a driving force of the finger splint market.  Elderly people suffer from a large number of neurodegenerative, cardiovascular, and musculoskeletal disorders. With age, the cartilage becomes susceptible to strain due to less water content, which requires splinting products.

Numerous research initiatives undertaken by various medical equipment manufacturing companies worldwide to develop splinting products which reduce sports causalities, give more comfort, and are lightweight, create new opportunities for finger splint manufacturers. Demand for or acceptance of advanced splinting products such as neoprene, polyester, or metal splints is increasing globally. Hence, companies are taking efforts to introduce advanced technology based splinting products to attract new customers, which is creating new opportunity for the finger splint market globally.

However, lack of private as well as government insurance cover, along with unfavorable reimbursement scenario in several economies such as Brazil and India is likely to restrict the uptake of advanced splinting equipment and supplies, which is anticipated to be the foremost factor limiting market growth.

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Finger Splint Market: Prominent Regions

Asia Pacific was the largest market for finger splints in 2018. Major factors attributed to the large demand for finger splints are high frequency of road accidents and injuries, and ever-growing population in South Asia, India, and China. Apart from accidents, osteoporosis is a major cause of increasing number of fractures among individuals aged 50 years and above. Geriatric population is increasing at a rapid pace in China and Japan.

Europe was the second largest market in 2018, generating around 27% to 34% of the total finger splint revenue globally. The finger splint market grew in response to the increasing awareness about safety of players; the number of tournaments and leagues taking place in this region is increasing which is leading to rising sports injuries. Therefore, demand for finger splints is rising in the region. The IOF estimated that over 61 million individuals above 50 years of age in the U.S. would be affected by low bone mass or osteoporosis by 2024, which is influencing the overall growth of the finger splint market.

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Cannabis Vaporizers Market Growth Drivers, Global Industry Analysis, Opportunity Assessment and Competitive Landscape

Transparency Market Research delivers key insights on the global cannabis vaporizers market. In terms of revenue, the global cannabis vaporizers market is estimated to expand at a growth rate of ~17% during the forecasted timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global cannabis vaporizers market report.

In the report, TMR predicts that the global cannabis vaporizers market would be largely driven by factors such as usage of cannabis and cannabis extracts such as cannabis and wax in various parts of the globe. Increase in trend of using vapes is projected to boost demand for cannabis vaporizers in the near future.

According to the cannabis vaporizers market research report, based on type, the market includes portable/handheld, and desktop cannabis vaporizers. Portable or handheld cannabis vaporizers are anticipated to dominate the global cannabis vaporizers market. In terms of ingredients, dry herbs accounted for ~64% market share in the year 2019, as dry herb is cheaper in terms of price as compared to other cannabis extracts. Based on heating method, conduction vaporizers are considered as the preferred choice of consumers in recent years. This segment dominated the market in the year 2019.

In terms of usage, the use of cannabis vaporizers for recreational purposes accounts for largest market share and is expected to maintain its dominance in the near future due to rapid increase in popularity of cannabis vaporizers, especially among teenagers and youngsters. On the basis of distribution channel, online mode of distribution held over 55% of the market share in terms of value in the year 2019. The online mode of distribution is projected to expand rapidly during the forecast period.

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Cannabis Vaporizers Market: Drivers, Opportunities, and Restraints

The major driving factor for the cannabis vaporizers market are legalization of cannabis in several countries and rise in usage of cannabis for medicinal purposes. From 2018 onward, Canada legalized the usage of cannabis for recreational purposes. Uruguay is the second country to legalize usage of cannabis. Rise in advancement in terms of technology and launch of innovative cannabis vaporizers in the market is anticipated to create new business opportunities for manufacturers and distributors of cannabis vaporizers in the near future.

Strict rules and regulations imposed by federal governments of different countries regarding usage of cannabis and cannabis extracts are projected to be a restraint for the cannabis vaporizers market. Cannabis is considered illegal in several countries across the globe which includes Albania, Bahrain, Bahamas, Central African Republic, Indonesia, Hong Kong, and Hungary. Also, many other countries have only legalized the usage of cannabis for medical purposes but not for recreational purposes. These are considered as the restraining factors for the overall growth of the market.

Cannabis Vaporizers Market: Prominent Regions

At present, North America dominates the global cannabis vaporizers market followed by Europe. Europe is projected to be an emerging market and anticipated to expand at a significant growth rate during the forecast period. In most European countries, usage of cannabis is considered legal for medical purpose. In the U.K., Germany, Georgia, Ireland, Italy, and the Netherlands, etc. usage of cannabis vaporizers are projected to rise in a significant manner in the near future. Georgia is one of the rare countries in Europe were usage of cannabis is legalized for recreational purposes as well. Several European nations have already implemented the policy of decriminalization and some of the countries are planning to implement in the near future.

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In Middle & Africa, demand for cannabis vaporizers is low compared to other regions, since most of the countries, especially GCC countries have strictly prohibited the usage of cannabis, cannabis extracts, and other related products. These factors have impacted the growth of the cannabis vaporizers market in Middle East & Africa.

Cannabis Vaporizers Market: Key Players

Key players operating in the global cannabis vaporizers market include PAX Labs, Inc, STORZ & BICKEL GmbH & Co. KG, Arizer, Apollo Vaporizers Inc., KandyPens, Inc., SLANG Worldwide Inc., DaVinci, Ghost Herbal Concepts Ltd., Grenco Science, and Boundless Technology LLC.

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Remote Control Products - Hobby Market Growth Drivers, Investment opportunities, Strategic Assessment, Trend Outlook and Key Findings

Transparency Market Research delivers key insights on the global remote control products - hobby market. In terms of revenue, the global remote control products - hobby market is estimated to expand at a CAGR of 3% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global remote control products - hobby market report.

In this market report, TMR predicts that rising frequency of various racing events (regional and international) across all categories of remote control products has encouraged several experienced as well as budding hobbyists to take interest in hobby grade remote control products.

These events have not only attracted the potential customers to the market but also encouraged innovations among manufacturers of RC products. During the first quarter of year 2020, more than 19 such top-level events were registered in the U.S. alone. Some of the other major countries known for such events include China, Hong Kong, Singapore, the U.K., and Dubai. Furthermore, in various locations across major markets, including North America, Europe, and Asia, hobbyists have the facility to race among various remote control racing groups.

Increasing number of local race tracks is also one of the factors contributing to the growth of hobby remote control products. Although a few of the large RC tracks have closed in the past couple of years, emergence of several small scale, local tracks is anticipated increase in the coming years. This trend is further likely to encourage local participation and enable people to access the racing events without the need to travel long distances.

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In terms of product type, remote control cars held the highest market revenue share in the global remote control products - hobby market in 2018 and are expected to remain dominant during the forecast period. However, in the coming years, the trucks and drones segments are anticipated to expand at a substantial pace. Enthusiasm for off road racing is expected to fuel the demand for monster trucks in the coming years. The versatility of remote control off-roading makes it a suitable hobby for busy people.

Based on age group, the 18-34 years segment led the remote control products - hobby market in 2018. The population falling in this age group are the people with high spending capability and keen interest in remote control products. Sound knowledge of technological advancements in RC products and skills to operate these new RC products in the market make the 18-34 years age group the most promising population group for the RC products – hobby market.

Majority of RC products hobby manufacturers are located in Asian countries, particularly in China. Some hobbyists across the globe still prefer the conventional method of buying these products, which is through specialty stores. In addition, rising adoption of e-Commerce globally, and ability of sellers to promote sales of products at relatively lower cost is likely to drive the online distribution channel.

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Remote Control Products - Hobby Market: Prominent Regions

Geographically, Asia Pacific led the remote control products - hobby market in 2018 and the region is expected to retain its dominance during the forecast period. Majority of remote control products hobbyists’ population resides in the Asia Pacific region, which accounts for more than 20% of the global remote control products market. In addition, Asia Pacific, being a noteworthy manufacturing base for the remote control hobby grade products industry makes it a prominent market globally.

Remote Control Products - Hobby Market: Key Players

The competition landscape of the remote control products - hobby market is highly fragmented with leading players accounting for nearly 50% of the revenue share. Key players operating in the global remote control products - hobby market include Traxxas, Redcat Racing, Horizon Hobby LLC, Artsana S.p.A, Silverlit Toys Manufactory Ltd., HPI Racing A/S, DJI, Kyosho Corporation, World Tech Toys, and Tamiya Inc.

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Rainwear Market Trends, Top Players, Demands, Overview, Component, Industry Revenue and Forecast

Transparency Market Research delivers key insights on the global rainwear market. In terms of revenue, the global rainwear market is estimated to expand at a CAGR of 6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global rainwear market report.

In this market report, TMR predicts that increase in outdoor activities, improved product performance, increase in working class, and uncertain climatic conditions are some of the key factors driving the rainwear market worldwide. Besides, in the coming years, opportunity for the market exists in terms of product diversification based on regions. For instance, Asian countries have the highest number of motorbike users; therefore, rainwear suitable for bike riders is highly popular in the region. Similarly, European countries prefer rainwear suitable for cycling. The rise in outdoor activities is anticipated to create more opportunities for business growth during the forecast period. The rainwear market is highly fragmented with the presence of many regional and local players. Hence, entering new markets by merging with regional players is projected to be an effective business strategy during the forecast period.

In terms of product type, the market has been divided into rain jacket, rain pant, rain suit, and others. Rain jackets are the preferred choice of consumers in various parts of the globe. Rain jackets are very popular among working professionals, youngsters, athletes, camping and hiking groups, bikers, etc. Rain suits are very convenient for bike riders and is also economical as compared to rain jackets. Hence, rain suits are projected to expand at a significant growth rate.

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Based on size, the market has been segmented into small, medium, and large, where large and medium size rainwear is considered as the most saleable category of rainwear across the globe. The large size segment is projected to dominate the rainwear market during the forecast period. This segment is anticipated to expand at a significant growth rate during the forecast period.

In terms of material, the rainwear market has been categorized into polyester, nylon, vinyl, gore-tex, blended, and others. Blended and polyester fabric is most commonly used in various countries. These two segments have major share of the rainwear market across the globe. Based on application, the market has been segmented into bike riding, camping & hiking, and others. Bike riding is considered the dominant segment of the rainwear market in almost all the regions. Working professionals while commuting to their offices and individuals engaged in transportation, public or commercial transit, and touring, etc., use rainwear while riding bikes.

In terms of end user, men’s rainwear covers majority of market share. In terms of distribution channel, increasing adoption of online shopping trends is likely to fuel the share of online platforms in the overall rainwear market.

Rainwear Market: Prominent Regions

Geographically, Asia Pacific led the rainwear market in 2018 and the region is expected to retain its dominance during the forecast period. China and India are considered the major markets for rainwear in the Asia Pacific region. Rise in trend of using designer rainwear, and colorful and printed rainwear is anticipated to create significant opportunities for manufacturers and distributors to expand their businesses in developing countries of Asia Pacific. In addition, Asia Pacific is a prominent market globally since it is an important manufacturing base for rainwear products.

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Rainwear Market: Key Players

The competition landscape of the rainwear market is highly fragmented with leading players accounting for nearly 25% of the revenue share. Key players operating in the global rainwear market include Columbia Sportswear Company, The North Face, Patagonia, Black Diamond Equipment, Wildcraft, NZ Seasonal Wear Private Limited, Stutterheim, Ducktail Raincoats, Splashy Rainwear, WaterShed LLC., and New Aashi Rainwear.

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Bead Products Market Comprehensive Research Study Focus on Opportunities, Demand, Growth, Application and Forecast to 2030

Transparency Market Research delivers key insights on the global bead products market. In terms of revenue, the global bead products market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global bead products market report.

In this market report, TMR predicts that rising partnership among private public organizations will have a noteworthy impact on the overall bead products market. The bead products study signifies the handcrafted bead products, which encapsulates a wide range of products, including jewelry, art, pottery, tapestries, utensils, and various other accessories. Earlier, these products had limited market reach, owing to their concentration and availability at select locations. However, now, with the help of advancing business trends, the private sector has partnered with local associations supporting the community of bead products manufacturers, enabling them to penetrate into novel geographic verticals.

In terms of product type, the market has been divided into home décor, jewelry, accessories, pet items, models, holiday ornaments, and others products such as stationery, etc. During the forecast period, the market is anticipated to be dominated by the jewelry segment. Jewelry bead products in the report have been further segmented into necklaces, bangles & bracelets, earrings, rings, pendent, and others (armlets, anklets, etc.). Rising demand for bangles and bracelets is anticipated to drive the jewelry segment throughout the forecast period.

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Based on bead type, the market has been segmented into powder glass beads, crystal beads, metal beads, natural beads (such as wood, bone, stones, etc.), and others, including acrylic, plastic, and trade beads. The natural beads segment is anticipated to expand at a significant growth rate during the forecast period.

In terms of bead shape, the bead products market has been categorized into round, oval, cube, cuboid, and others (bicone, star, twisted, etc.). The round bead shape has been found to be widely used, accounting for majority share in the value as well as volume market. In terms of bead size, the market has been segmented into less than 0.5 mm, 0.5 mm to 1mm, and more than 1 mm. The more than 1 mm segment is expected to lead the market and dominate the market in the forthcoming years. Furthermore, based on pricing, the market has been divided into high, medium, and low. Based on category, the market has been categorized into mass and premium. As per the study, it has been estimated that in the coming years, the mass products segment, which correlates to low price products is expected to dominate the revenue share of the bead products market.

In terms of end user, the individual or distinct buyer contributed to higher revenue share of the market. In terms of distribution channel, increasing adoption of online shopping trends is likely to fuel the share of online platforms in the overall bead products market.

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Bead Products Market: Prominent Regions

Geographically, Asia Pacific led the bead products market in 2019 and the region is expected to retain its dominance during the forecast period. China and India are considered the major markets for bead products in the Asia Pacific region. Asia Pacific is a prominent market globally, since it is an important manufacturing base for bead products. Apart from Asia Pacific, the African provinces also significantly contribute to the growth of the global bead products market.

Bead Products Market: Key Players

The competition landscape of the bead products market is highly fragmented with leading players accounting for nearly 25% of the revenue share. Key players operating in the global bead products market include African Crafts Market, Alamy Ltd., BeadforLife, Earth Africa Curio, Global Village Gifts, Indego Africa, Kenya Crafts, Naushad Trading Company (NTC) Limited, The Kenyan Craft Company, and WorldCrafts.

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Active Electronic Components Market Emerging Technologies, Regional Analysis, Competitive Landscape and Forecast to 2027

According to a new market report published by Transparency Market Research “Active Electronic Components Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027”, the active electronic components market was worth US$ 252.54 Bn in 2018 and is expected to reach US$ 521.91 Bn by 2027, growing at a CAGR of 8.4% from 2019 to 2027. North America was the largest market for active electronic components in 2018.

Growth in this region is driven by growing adoption of renewable energy resources and micro-electromechanical systems (MEMS). Along with this, growing popularity of portable electronic devices will remain the key driver for the active electronic components market. Active electronic components market in North America is expected to be superseded by Asia Pacific during the forecast period. In 2018,

North America accounted for around 32% of the overall active electronic components market. However, Asia Pacific is expected to witness fastest growth during the forecast period at a CAGR of 9.1%. China, Japan, Taiwan, and South Korea are among the major markets driving the demand for active electronic components in this region due to growing electronic manufacturing activity in these countries.

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The active electronic components include semiconductor devices, display devices and others. Various semiconductor devices include diodes, transistors, integrated circuits and optoelectronic components. In 2018, semiconductor devices accounted for around 50% share of the overall active electronic components market.

Reduction in component size and reliability has been aiding the growth of active electronic components market. This has made them effective for use in miniature applications such as tablets, smartphones and smart watches. Further, rising global concerns for energy efficiency have increased the need for energy efficient active electronic components.

The market for display devices is expected to expand at a CAGR of 8.7% from 2019 to 2027. Medical and military applications are driving the demand for display devices among active electronic components. Various display devices in the active electronic components market include microwave tubes, cathode-ray tubes, x-ray tubes, photoelectric tubes and triodes.

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In 2018, x-ray tubes segment held the largest revenue share of around 28% of the overall market for display devices market. X-ray tubes segment is expected to continue its market domination in the display devices segment throughout the forecast period from 2019 to 2027.

Key players in the active electronic components market include Fairchild Semiconductor International, Inc., Infineon Technologies AG, Texas Instruments, Inc., Maxim Integrated Products Inc., ST Microelectronics NV, Analog Devices, Inc., ON Semiconductor, Diotec Semiconductor AG, NXP Semiconductors NV, Toshiba Corporation, Vishay Intertechnology, Inc., Everlight Electronics Co., Ltd., Panasonic Corporation and Renesas Electric Corporation.

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Extreme Ultraviolet Lithography (EUVL) Market Emerging Technologies, Potential of Industry, Global Trends, Sales, Supply, Demand and Analysis by Forecast to 2026

According to a new market research report titled ‘Extreme Ultraviolet Lithography Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research, the global extreme ultraviolet lithography market is expected to reach value of US$ 3,807.5 Mn by 2026, expanding at a CAGR of 26.8% from 2018 to 2026. According to the report, the global market is expected to be influenced by a range of macroeconomic and market-specific factors during the forecast period. In terms of demand, Asia Pacific is projected to lead the global market, with the market in the region expanding at a CAGR of 28.6% between 2018 and 2026. Advancements in the miniaturization of electronic devices and reduced number of masking layers are anticipated to significantly drive the market during the forecast period.

Growing adoption of miniaturization to drive the global extreme ultraviolet lithography market

The global extreme ultraviolet lithography is projected to expand at a significant growth rate during the forecast period, due to growing adoption of miniaturization and sophistication of electronic circuit devices. The cutting-edge EUV lithography system enables customers to manufacture smaller, more rapid, and more powerful chips, giving rise to the demand for extreme ultraviolet lithography. Also, the conventional argon fluoride (ArF) immersion technology requires expensive multi-patterning mask sets. This technology needs up to four masks to create a silicon wafer layer, while the EUV lithography technology requires only a single mask to create the layer. This factor is likely to augment the extreme ultraviolet lithography market in the next few years.

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Global Extreme Ultraviolet Lithography Market: Scope of Report

The global extreme ultraviolet lithography market has been broadly segmented based on light source, end-use, and region. In terms of light source, the market has been segmented into laser-produced plasma, gas discharge, and vacuum sparks. Among these, the laser-produced plasma segment holds a significant share of the market. The segment is anticipated to expand at a CAGR of 27.4% during the forecast period. Based on end-use, the global extreme ultraviolet lithography market has been classified into memory, foundry, and integrated device manufacturers (IDMs). Among these, the memory segment held a prominent i.e. 46.9% share of the global market in 2017, followed by the foundry segment. In terms of region, the global extreme ultraviolet lithography market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

In terms of revenue, Asia Pacific held a leading share of the global market in 2017. The market in the region is anticipated to expand at a CAGR of 28.6% during the forecast period. Presence of a large number of semiconductor companies in the region has led to rise in the adoption of extreme ultraviolet lithography in Asia Pacific. In terms of revenue, South Korea holds a major share of the extreme ultraviolet lithography market in Asia Pacific, due to high usage of semiconductor devices such as memories in the country. The country is followed by Taiwan. Moreover, in terms of revenue, the market in Japan is anticipated to expand at a significant CAGR during the forecast period, due to growing semiconductor industry in the country.

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Global Extreme Ultraviolet Lithography Market: Competition Scenario

The research study includes profiles of leading companies operating in the global extreme ultraviolet lithography market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Currently, only one player i.e. ASML Holding N.V. operates in the global EUVL market. However, in the next few years, companies such as Intel Corporation, Samsung Electronics Co., Ltd., Taiwan Semiconductor Manufacturing Company Limited (TSMC), Canon, Inc., Nikon Corporation, and Carl Zeiss AG are expected to invest in the market.

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