According to Renub Research, report titled “Service Robotics Market, Size, Global Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global  Service Robotics Market  is predicted to be US $ 42.25 Billion by 2027 Globally, service robots are the kind of robots that are designed to aid humans and perform practical tasks, excluding industrial and manufacturing automation applications. They work semi-automatically or entirely autonomously and are capable of doing repetitive and risky tasks while increasing efficiency and safety. .. 

Due to benefits such as improved usability, delivery of accurate and high-quality service, reliability, reduced operational expenses, and human errors, service robots are utilized in various industries, including mobility, defense & security, agriculture, forestry, logistics, and construction . Furthermore, because of the fast-paced technical developments converging in automation, machine learning, engineering, and artificial intelligence, the robotics industry is rapidly allowing the service robotics market trends around the world.

Worldwide Service Robotics Market Size in 2021 was US $ 11.32 Billion

Service robotics has gone a long way in the last decade, from conducting sophisticated surgical procedures to enabling easy unmanning of defense vehicles. Further, the game-changing potential of AI (Artificial Intelligence) combined with automation's sophistication has created a huge market for global service robotics. Service robots are in high demand in industries such as agriculture, defense, mobility, logistics, infrastructure, aerospace, entertainment, research and development, and logistics because of their technical ability to automate a variety of jobs of varied complexities. to significant R & D investments, product developments, and growing customer awareness of the benefits of robotics, the service robotics market is up-surging continuously. 

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By Segment: Medical Robotics Holds the Highest Share:

We have studied Transportation & Logistics, Professional Cleaning, Medical Robotics, Hospitality, and Agriculture & Field as segments of the Global Service Robotics Market. As per our analysis, medical robotics holds the highest share. The main drivers due to which medical robotics is increasing include robot-assisted training in rehabilitation therapy, robot-assisted surgery, technological advancement in robotic systems, and improving reimbursement scenarios. 

Further, the increased funding for medical robotics is propelling the global service robotics market. Besides, the professional cleaning segment will also grow in the forecast period since manual cleaning of the floors and carpets in commercial areas such as corporate offices and malls is a time- consuming process that can be easily replaced by service robotics.

North America Holds the Lion's Share:

Geographically, we have divided the global service robotics market into North America, Europe, Asia Pacific, and the Rest of the world. As per our analysis, North America holds the lion's share. The factors can be attributed to the region's early acceptance of technology in sectors, as well as a tendency to invest more in the research and development of assistive robot technologies, which has aided the market's growth. 

Moreover, there has been a significant rise in the use of service robots in the healthcare business in the North American region, resulting in a larger market share. Further, the demand for service robotics in the Asia Pacific region will also increase due to rising government investment in AI, robotics, and automation. Besides, the increasing living standard of people in India and China will upsurge the demand for automation.  

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/service-robotics-market-p.php

Key Players Analysis:

We have studied iRobot Corporation, Intuitive Surgical, Inc., Panasonic Corporation, Fanuc, ABB Ltd, Stryker Corporation, and Yaskawa Electric Corporation as key players in the Global Service Robotics Market. Moreover, we have covered business overview, sales analysis, and recent development of the companies. 

The players are investing money into research and development to create application-specific robotic systems. Governments, numerous organizations, and top IT businesses are also providing financial assistance and support. Major industry players are focusing on partnerships, collaborations, and acquisition methods to obtain technical advantages over smaller enterprises and startups. 

Covid-19 Effect on the Service Robotics Industry: The emergence of the covid-19 epidemic had a massive economic impact, affecting manufacturing and a variety of other industries, including service robotics. As all the manufacturing activities were restricted or halted during the epidemic, there was disruption in the demand and supply chain, due to which the global service robotics market declined. 

However, medical service robotics gradually came under the spotlight during the pandemic. Medical service robots were used for performing various tasks such as contactless delivery operations, delivering medications, disinfection, and food delivery to the patients. Moreover, as the situation came under control, the market for service robotics started booming again.

Market Summary:

• Segment: We have analyzed Transportation & Logistics, Professional Cleaning, Medical Robotics, Hospitality, and Agriculture & Field as segments of the Global Service Robotics Market.
• Region: We have studied the regional market of North America, Europe, Asia Pacific, and the Rest of the World in the Global Service Robotics Market.
• Key Players: We have covered iRobot Corporation, Panasonic Corporation, Intuitive Surgical, Inc., Fanuc, Stryker Corporation, ABB Ltd, and Yaskawa Electric Corporation as key players of the Global Service Robotics Market.

Browse Related Report:

Industrial Robotics Market: https://www.renub.com/industrial-robotics-market-p.php

Medical Robotics Market: https://www.renub.com/medical-robotics-market-p.php

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According to Renub Research report titled, “Canada Fast Food Market, Share, Insight, Forecast 2022-2027, Industry Trends, Growth, Size, Impact of COVID-19, Company Analysis” Canada Fast Food Market Size was USD 31.8 Billion in 2021. The Canadian food industry has evolved and changed to meet customer demands and consumer behavior. Remarkably, food is prepared and served at independent fast-food restaurants, street vendors, or chained fast-food restaurants such as Tim Hortons, Starbucks, McDonald's, Dairy Queen, KFC, Dominoes, Pizza Hut, Wendy's, and Burger King is referred to as fast food.

Besides, they can be used as a substitute for home-cooked meals. According to BC Food Web, fast food accounted for 6.3 percent of the average Canadian's daily food intake in 2020. As a result, fast food has established roots in both developed and developing economies over time, and it is primarily accepted due to its quick availability and taste factor.

COVID-19's Impact on the Canadian Fast Food Industry:

The COVID-19 pandemic harmed Canada's fast-food industry due to increased cases and fears of infection from food. Furthermore, revenue has been impacted by operational disruptions in the hotel and food & beverage industries and disturbances in the supply chain provoked by the COVID-19 outbreak. During the pandemic, increased awareness of the benefits of eating healthy foods influenced market growth. Regardless, due to an increase in the number of fast-food franchises and growing demand for online food deliveries, the market regained its demand following the pandemic.

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Canada Fast Food Industry Is Anticipated to Expand At A CAGR Of 4.7% From 2021-2027:

The major factors propelling the market expansion are increased consumer spending and the growing influence of food delivery applications. Furthermore, faster urbanization and globalization are attributed to the increase in restaurants and hotels, which is expected to boost the Canadian fast-food market's growth. Again, because women do not have enough time to prepare meals, they turn to fast food and use technology to order, which fuels the development of the Canadian fast-food market. Additionally, increased media and travel exposure to international cuisine will continue to drive the growth of this market.

Burgers/Sandwiches and Pizza Are the Most Favored Fast Food in Canada:

Depending on the type, the market revolves around pizza/pasta, burgers/sandwiches, chicken, Asian/Latin American food, and seafood. Due to the flavors and ingredients used in the products, burgers/sandwiches have been the most popular fast food among consumers. The vast availability of burger options, including products with protein options such as venison, beef, and several others, can be attributed to the growing demand for burgers/sandwiches.

Furthermore, several food-service operators experimented with various cheese, bacon, onion, meatloaf, and other fillings. Nonetheless, pizza/pasta is the most popular fast food in Canada, owing to increased consumer demand for taste and preferences, and pizza is the most popular takeout and delivery option. During the Canadian fast-food market forecast, it is expected to grow at a phenomenal rate.

Service That Is Quick Restaurants Are the Most Popular Medium Among Canadians:

As per our analysis, in Canada, the Fast Food Market, the end-user industries such as Quick Service Restaurants (QSRs), Street Vendors, Home Delivery, Cafés, and Bars, among others, use fast food extensively. Consumers in Canada prefer quick-service restaurants, driving up demand for fresh, tasty, and appealing food at a reasonable price. As a result, the demand for quick-service restaurants is growing. Besides, during the pandemic, the home delivery option has seen a lot of growth. Wherein, the plurality of consumers chooses to order online while staying indoors.

Competitive Landscape:

In our report, Starbucks Corp, Domino's Pizza Inc, The Wendys Co., Kentucky Fried Chicken (KFC), Tim Hortons, Restaurant Brands International Inc, A&W Food Services of Canada Inc, MTY Food Group Inc, Papa John's International Inc, Performance Food Group Company are all analyzed to be strong players in the Canada Fast Food Market. The market's major players have extensive global distribution networks. Furthermore, businesses are improving their menus and services in response to shifting consumer preferences. Moreover, an increase in the number of quick-service restaurants in the industry is aiding sales.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/canada-fast-food-market-p.php

Market Summary:

• Type: We have covered Independent Consumer, Chained Consumer in our market analysis.
• Cuisines Type: In our report we have studied the market for Pizza/Pasta, Burgers/Sandwiches, Chicken, Asian/Latin American food, and seafood
• End User: We have covered Quick Service Restaurant (QSR), Street Vendors, Home Delivery, Cafés, and bars and other as market for end-users in Canada Fast Food Market.
• Company Analysis: The key players covered are Starbucks Corp, Domino's Pizza Inc, The Wendys Co., Kentucky Fried Chicken (KFC), Tim Hortons, Restaurant Brands International Inc, A&W Food Services of Canada Inc, MTY Food Group Inc, Papa John's International Inc, Performance Food Group Company

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

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As per the latest report by Renub Research titled "United States Anesthesia Drugs Market, Size, Forecast 2022-2027, Share, Growth, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" United States Anesthesia Drugs Market Size was US$ 4.9 Billion by 2027. In the United States, anesthesia drug is one of the milestones in the pharmaceutical industry, which benefits patients with painless treatment and impossible to perform surgery. The US is home to bigwigs in the pharmaceutical sector to increase their stakes in the United States market. Anesthesia meant the condition of holding sensation blocked or temporarily taken away. This authorizes the patient to undergo surgery and other procedures without distress and pain they would otherwise experience. Anesthesia drugs are used while performing surgical procedures to control pain, heart rate, blood pressure, breathing, rhythm, and blood flow.

Top Impacting Factors:

Notwithstanding, the United States anesthesia drug market is driven by the rising number of surgeries, the growing aging population with increasing chronic conditions, and advancements in anesthesia technologies. As per the statistics provided by the (ASPS) American Society of Plastic Surgeons, in 2019, nearly 16.3 Million cosmetic minimally-invasive procedures and 1.8 Million cosmetic surgical were performed in the United States.

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Furthermore, the demand for various anesthetics goes hand-in-hand with the performed surgical procedures. The application of anesthetics in general surgeries is anticipated to contribute significantly to the market's growth in the United States. Further, new anesthesia drugs are being developed, which is predicted to propel market growth. For instance, in 2020, Medova and the New York School of Regional Anesthesia (NYSORA) entered a partnership to introduce SAFIRA (SAFer Injection for Regional Anesthesia) in the United States.

COVID-19 Impact on Anesthesia Drugs Industry:

In the United States, the demand for anesthesia drugs seen a slight drop in 2020 due to the emergence of the pandemic situation, cancelled surgeries or leading to delayed. With the emergence of COVID-19, the United States faced extreme shortages of vital anesthesia drugs, mainly canceled surgeries, dexmedetomidine, midazolam, Propofol, and neuromuscular blocking agents. Most of the surgeries were delayed, and only acute surgical emergencies were managed. Thus, the COVID-19 has an unfavorable impact on the United States anesthesia drugs industry. As a result, numerous players are ramping up their production of anesthesia drugs. For instance, in 2020, Hikma Pharmaceutical introduced a new product, "Propofol Injectable Emulsion," in the United States.

General Inhalation Anesthesia is the Leading Segments in the United States Anesthesia Market

Based on type, the United States anesthesia drugs market includes the General Inhalation Anesthesia Drugs market, General Intravenous Anesthesia Drugs Market, and Local Anesthesia Drugs Market. General Inhalation Anesthesia Drugs Market holds a considerable market share; the inhaled anesthetics include desflurane, isoflurane, sevoflurane, and others that enhance inhibit excitatory synaptic activity and inhibitory postsynaptic channel activity. General intravenous anesthesia drugs are less costly and do not need expensive machines for administration. Moreover, intravenous anesthesia drugs result in undersized cardiovascular depression and better postoperative analgesia.

Besides, general intravenous anesthesia is the leading segment in the United States Anesthesia Market. Fospropofol Disodium, Propofol, Benzodiazepines Class, Ketamine, Methohexital Sodium, Pentobarbital, Etomidate, and Fentanyl are generally utilized general intravenous anesthesia in the United States. Propofol drug is one of the most frequently used general anesthetics in surgeries among these anesthesia drugs. It is utilized as a sedative for critical care (including COVID-19) in the ICU. It is used to maintain procedural sedation, initiate general anesthesia, etc. In  2020, the United States (FDA) Food & Drug Administration approved the usage of Fresenius Propoven 2% emulsion to maintain sedation in COVID-19 patients (16 years and above) requiring mechanical ventilation.

Competitive Landascape

The United States anesthesia drugs market is highly competitive and consists of several major players. Most of the anesthesia drugs trade is generic and are available at a low cost. The key players include Draegerwerk AG, Abbvie, Baxter International Inc., Endo International plc, and Koninklijke Philips NV.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/united-states-anesthesia-drugs-market-and-forecast-31-p.php

Market Summary:

• Types – Renub Research Report covers United States Anesthesia Drugs Market by type in the 3 viewpoints (General Inhalation Anesthesia Drugs market, General Intravenous Anesthesia Drugs Market and Local Anesthesia Drugs Market)
• United States Anesthesia Drugs Market – This has been further break-up in 8 segments: Propofol, Benzodiazepines Class (Diazepam and Midazolam), Fospropofol Disodium, Ketamine, Methohexital Sodium, Pentobarbital, Etomidate, Fentanyl
• United States General Inhalation Anesthesia Drugs Market – This has been further break-up in 4 segments: Sevoflurane, Desflurane,   Isoflurane, Others
• United States Local Anesthesia Drugs Market – This has been further break-up in 7 segments: Bupivacaine, Ropivacaine, Lidocaine, Chloroprocaine, Prilocaine, Benzocaine, Other Local Anesthetics
• All the major players have been covered from 3 Viewpoints (Overview, Recent Development, and Revenue Analysis) Draegerwerk AG, Abbvie, Baxter International Inc., Endo International plc, and Koninklijke Philips NV.

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: info@renub.com

Web: https://www.renub.com

Follow on Linkedin: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch