Application Delivery Controller Market Worth $4.34 Billion By 2024

The global Application Delivery Controller (ADC) Market is expected to reach USD 4.34 billion by 2024, according to a new report by Grand View Research, Inc. The application delivery controller market is anticipated to witness a high growth over the forecast period. This may be accredited to the increasing globalization and distributed enterprise architecture, which requires networks that can deliver their business-critical applications faster, thereby ensuring security. The increase in the data center traffic and the growing ADC popularity, particularly in the consolidated data center segment, are expected to be the major factors spurring the ADC market growth over the forecast period.

The increasing adoption of the BYOD phenomenon has led to the widespread usage of tablets and smartphones particularly in large organizations as it significantly increases the scope and span of enterprises. This, in turn, has resulted in a rise in the ADC demand in order to balance and maintain the server load. In addition, emerging technologies, such as software-defined storage (SDS) and software-defined networking (SDN), are also anticipated to spur the ADC market growth over the coming years.

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Further key findings from the report suggest:

• The virtual segment captured over 30% of the total revenue share in 2015 and is anticipated to exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to the improved IT agility, performance, and cost benefits offered by them over the hardware-based ADCs as well as the increasing cloud-based data center traffic.
• The small & medium enterprise (SME) segment is expected to gain prominence over the forecast period exceeding a compound annual growth rate of 5% from 2016 to 2024. This is ascribed to the increasing adoption of web-enabled services and web-based apps for running their business as well as to the proliferation of internet-enabled devices.
• The IT & telecom segment accounted for a significant revenue share in 2015 capturing over 25% of the overall revenue share in the same year. The segment is expected to grow at a CAGR exceeding 5.5% from 2016 to 2024. This is majorly due to the integration of ADCs into enterprise IT systems to enhance efficiency.
• Asia Pacific is expected to emerge as the fastest growing segment accounting for more than 20% of the overall share in 2015. This growth is due to increasing investments in the IT infrastructure, primarily in China and India. Furthermore, the rising demand in this region can be ascribed to the high market penetration, owing to the webification of organizational applications along with the growing ADC application in server firewalls and network security systems.
• The key application delivery controller market purveyors comprise F5 Networks Inc., Citrix Systems, A10 Networks Inc., Array Networks, Inc., and Brocade Communications Systems, Inc. Companies, with their extensive distribution channels and worldwide presence, lay emphasis on adopting the best practices for developing solutions to achieve competitive advantage in this industry.

Biodegradable Superabsorbent Material Market Worth $190 Million By 2024

The global Biodegradable Superabsorbent Material Market is expected to reach USD 190 million by 2024, according to a new report by Grand View Research, Inc. Significant usage of bio-based, high-performance absorption polymers in adult incontinence products, disposable diapers, and agriculture applications is likely to boost the industry growth over the forecast period. Furthermore, feminine hygiene sector is anticipated to provide unique opportunities for these environment-friendly polymers over the next few years.

The demand for biodegradable superabsorbent polymers was 42 kilo tons in 2015 and is projected to witness robust growth in numerous applications owing to its superior absorption rate, biodegradability, and biocompatibility with the human skin. In addition, companies are focusing on innovation to develop water retaining polymeric compounds in agricultural applications as well. Companies such as Exotech Bio Solutions Ltd. and Itaconix Corporation manufacture eco-friendly superabsorbent polymers targeting personal hygiene, infant care, and agriculture industries.

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Further key findings from the report suggest:

• Disposable diapers segment is expected to foresee revenue growth at a CAGR of 5.4% from 2016 to 2024. The high birth rate in developing economies such as China, India, and Brazil are estimated to fuel the rapid development of the baby diapers sector. This, in turn, is projected to positively affect the consumption of bio-based polymers in this industry in the future.
• Adult incontinence products generated revenue worth USD 21 million in 2015. The rising geriatric population across the globe is anticipated to impact the overall demand in the future. Furthermore, this population group is susceptible to various disorders such as urine incontinence and glandular diseases, which is another important health factor supporting the requirements for highly absorbing materials.
• Biodegradable superabsorbent materials find applications in the agricultural industry. Their water retention and water absorbing properties make them perfectly suitable for agricultural applications, particularly in water scarce regions. These super absorbent polymers increase crop yield and water use efficiency. The segment is expected to witness revenue growth at a CAGR of 9% over the forecast period.
• Asia Pacific generated significant demand worth 12.8 kilo tons in 2015 and is anticipated to witness substantial gains over the forecast period on account of the broad consumer base and rapid increase in the disposable income of consumers. This scenario is likely to be reflected in China, India, and ASEAN countries by 2024.
• TryEco LLC, Exotech Bio Solutions Ltd., Archer Daniels Midland Company, Amereq Inc., and Itaconix Corporations are some of the key players operating in the global biodegradable superabsorbent material market.

Technical Ceramics Market To Reach $134.58 Billion By 2024

The global Technical Ceramics Market is expected to reach USD 134.58 billion by 2024, according to a new report by Grand View Research, Inc. Rising product need in various end-use industries owing to their cost effectiveness and increased life span as opposed to their traditional counterparts is expected to positively impact the market over the forecast period. Increasing automobile demand among consumers particularly in Asia Pacific countries including China and India on account of rising disposable income and changing lifestyle is expected to fuel technical ceramics market over the forecast period. Also, rising product use as a substitute to plastics and metals in numerous high-performance applications in the medical and automotive sector is expected to propel growth over the next eight years.

These products have been gaining acceptance over the past few years on account of growing awareness regarding their benefits such as biodegradability, durability, and high tensile strength. Rising environmental concerns coupled with stringent regulations by governments in North America and Europe are expected to further propel product demand over the next eight years.

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Further key findings from the report suggest:

• The global technical ceramics market value was USD 56.7 billion in 2015 and is expected to grow at a CAGR of over 10% from 2016 to 2024.
• Titanates are expected to be the fastest growing material segment from 2016 to 2024 at a CAGR over 11% in terms of revenue owing to their increasing use as capacitors. Rising need for energy storage worldwide is expected to propel product demand.
• The monolithic ceramic market was estimated at over USD 45 billion in 2015. The product is employed in numerous insulation and lining applications as they are resistant to thermal shock as well as abrasion and can withstand tremendously high temperatures. These factors are expected to positively impact growth over the forecast period.
• Bioceramics application was valued at above USD 2 billion in 2015. The segment is expected to grow at a fast pace over the next eight years on account of its rising use in joint and hip replacements.
• Medical sector demand for the product was estimated at above 6 billion in 2015. Increasing need from this industry in various applications such as dental implants and bone & tissue replacements is expected to propel product industry over the forecast period.
• North America was one of the largest markets for the product and is expected to grow at a CAGR of over 9% from 2016 to 2024. Stringent environmental regulations have led to increased product use as it aids in controlling pollution. Additionally, stringent emission standards in North America and Europe are expected to provide growth opportunities for the product over the next eight years.
• In November 2015, Oerlikon Metco signed an agreement with Laser Cladding Services, LLC to acquire its traditional ceramics business. In July 2015, Morgan Advanced Materials invested in the semiconductor market in order to improve its production capabilities

Military Radar Market Size To Reach $13.78 Billion By 2024

The global Military Radar Market size is expected to reach USD 13,779.7 million by 2024, according to a new study by Grand View Research, Inc.

The escalated demand for improving border safety is anticipated to propel growth in the security & surveillance systems and equipment, such as military radars. Radar systems used in the military sector are further used for weapon guidance, controlling air traffic, and air collision avoidance. Military radars are extensively used in missile guidance techniques, such as Active Radar Homing (ARH) and Semi-Active Radar Homing (SARH), as these systems help in the accurate target detection tracking.

The growing demand for military radars for the guidance of missile systems is expected to propel the demand over the next eight years. The need for high-resolution imaging radars for detecting fixed and moving targets in the battlefield is further anticipated to incite growth in the industry. The wide-scale adoption of military radars for aircraft collision avoidance is anticipated to contribute to the industry expansion.

The growth in market is highly susceptible to the prevailing economic conditions. The after effects of global recession have greatly impacted the military spending across the world, which is a significant factor responsible for driving down the growth opportunities in the industry. The European countries, such as the UK, Germany, and Russia, have experienced cuts in military budgets owing to the financial crisis and macroeconomic conditions. Another key factor affecting the growth of military radars is the cost of developing space-based radars, which demand an extensive spending on R&D activities and manufacturing.

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Further key findings from the study suggest:

• The ground-based radar segment accounted for 29.5% of the overall market share in 2015. The escalated demand for intelligent ground surveillance and the wide-scale deployment of radar systems to curb border infiltration activities and enhance border control can be attributed as the major factors favorably impacting the demand for ground-based radars.
• The North American regional market accounted for 45.7% of the global revenue share in 2015. The escalated demand in the region can be attributed to the wide-scale adoption of military radars in the Three-Dimensional Expeditionary Long-Range Radar (3DELRR) program, the Acoustic-Rapid COTS Insertion (A-RCI) program, and the Space Fence program.
• The European and Asia Pacific regions are projected to account for a significant proportion of the global military radar industry over the forecast period with shares of 20.7% and 24.9% respectively in 2015. The regional growth can be attributed to the strong efforts and heavy investments in the defense sector by countries such as India, China, and Russia for modernizing their military equipment.
• Prominent players operating in the market include BAE Systems PLC, Airbus Group, Finmeccanica S. p. A., Israel Aerospace Industries Ltd., General Dynamics, Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Company, Thales Group, and Saab Group. The industry players are emphasizing on offering radar systems with high reliability and enhanced performance.

Molecular Cytogenetics Market To Reach $3.6 Billion By 2022

Global Molecular Cytogenetics Market is expected to reach nearly USD 3.6 billion by 2022, according to a new report by Grand View Research, Inc. 

Increasing instances of both, chromosomal anomalies implicated in genetic disorders and cancer, coupled with technological advancements in the molecular cytogenetic techniques is expected to positively reinforce the market growth. 

Technological advancements in molecular diagnostic techniques, such as the Fluorescence In-situ Hybridization (FISH) and the Comparative Genomic Hybridization (CGH) are enabling rapid analysis of patient data to identify the potential risk factors. Increasing applications of FISH and CGH in molecular diagnostics are expected to propel the market growth in the next seven years. 

The advent of the genome wide screening technique, the Next Generation Sequencing (NGS) technology enables the detection of a number of chromosomal variations in parallel by comparing genomic sequences of patient and control samples. 

The NGS technique empowers the clinicians in taking therapeutic decisions based on in-depth information regarding an individual’s genetic profile; and hence, the introduction of such technologies is expected to positively reinforce the market growth during the forecast period. Initiatives such as the precision medicine initiative announced by the U.S. president are expected to further drive the demand for the molecular cytogenetic tests.

In 2014, the CGH in the technology segment held the maximum market share of 52% owing to enhanced technical specifications such as high speed, accuracy, and high resolution images as compared to the FISH technology. Furthermore, the CGH technology is also expected be the fastest growing segment with a lucrative CAGR of nearly 26% over the forecast period.

In 2014, the application of molecular cytogenetics in cancer held the largest market share of over 42%. The high demand for preventive screening and diagnosis, which significantly aids the early detection of risk factors that lead to oncogenesis, are amongst the key factors responsible for the cancer segment’s high share. Cancer was followed by the personal medicine segment with a market share of over 23%. In conclusion, the cancer segment is expected to be the fastest growing market with a high CAGR of 24.1% over the forecast period.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-molecular-cytogenetics-market

Further key findings from the study suggest:

• In 2014, North America held the largest market share of 47.6%. The large share is attributed to the presence of high-tech R&D facilities, well established manufacturing infrastructure, and active collaborations between private stakeholders, such as technology companies, research centers, universities, patients, as well as government agencies such as the U.S. FDA and CDC that ensure that the new technologies are validated.
• Asia Pacific is expected to witness lucrative CAGR of nearly 26% in the next seven years owing to the high unmet medical needs such as the increasing prevalence of cancer, genetic, and other hereditary diseases.
• Key factors contributing to the swift growth ar the rapid development in fast growing Asian economies such as India, China, and others, the increasing healthcare expenditure to improve R&D activities, rapid proliferation of advanced diagnostic technologies, and the increasing awareness about the genetic and molecular screening tests; these crucial factors are expected to synergistically propel the market growth over the forecast period.
• The global molecular cytogenetics market is dominated by players such as Abbott Laboratories Inc., Illumina, Inc., Agilent Technologies, Inc., Applied Spectral Imaging, Inc., PerkinElmer, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., and others.

Distributed NG-Fueled Generation Market Worth $32.21 Billion By 2024

The global Distributed Natural Gas-Fueled Generation Market is expected to reach USD 32.21 Billion by 2024, according to a new report by Grand View Research, Inc. Increasing government initiatives to promote the use of natural gas as a generator fuel especially in emerging markets of China, and India is expected to boost the global market.  In addition, various benefits offered by DNGG, such as low carbon emissions, increasing natural gas usage, and other operational benefits,  are expected to steer the market growth over the forecast period.

There are huge investments in the power sector to develop the distributed generation technologies by emerging companies. At the same time, they are in need of high technologies, which will act as a substitute for current methods like diesel or coal generation.

The companies R&D facilities of hydrogen and fuel cell focuses on integrating, developing, and demonstrating hydrogen storage, delivery and production and also on using fuel cell technologies for stationary, transportation, and portable applications to differentiate their product from their competitor.

Access Press Release of this Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-distributed-natural-gas-fueled-generation-market

Further key findings from the report suggest:

• Stationary fuel cells hold the largest CAGR of 13.1% in the global technology segment and are expected to grow at 6,116.8 million by 2024.
• Microturbines technology in Europe is estimated to be USD 3,964.8 million in 2015 and will witness the fastest growth in next seven years, growing at a CAGR of 12.2% over the forecast period. By integrating an innovating turbine engine, advanced power electronics, magnetic generator with fuel cell technology, the micro turbine can provide cleaner energy which will increase the DNGG market.
• Commercial and industrial accounted for around 67% of the global DNGG end-use segment in 2015 and is anticipated to reach 20,620.1 million by 2024, growing at an anticipated CAGR of 12% from 2016 to 2024.
• Europe accounted for 36% of the total market in 2015 and is anticipated to hold its leading position over the forecast period. Asia Pacific is anticipated to witness a high CAGR of over 13.1% over the forecast period. Increasing usage of DNGG in residential and commercial sector coupled with government initiatives mainly in China and India is expected to boost DNGG demand in the region.
• Key industry participants in the market includeCummins Inc., ShanDongLvhuan Power Equipment CO., LTD, MWM GmbH, ABB Group, Redox Power Systems, LLC, General Electric, and Plug Power Inc.

Protective Relay Market To Reach $4,025.2 Million By 2024

The Protective Relay Market is expected to reach USD 4,025.2 million by 2024, according to a new report by Grand View Research, Inc. Mounting investments in the transmission & distribution networks to replace the old equipment is expected to be a major factor expected to spur the growth over the forecast period. The intensifying intricacy of electrical systems has made it inevitable to incorporate protective devices for power systems safety. The growing electricity generation capacity to meet the growing population’s electricity demand is estimated to act as a key driver augmenting market demand. Nevertheless, the cost concomitant with the set up & maintenance of these relays is estimated to challenge the industry over the near future.

The global protective relay market is anticipated to witness high growth over the forecast period. This may be accredited to continuous population growth along with the mounting regional power consumption in Asia Pacific. The rising importance of smart grid technology coupled with upsurge in renewable energy projects is expected to further catapult protective relay demand over the next eight years. For instance, after the earthquake and tsunami in 2011, in Japan, the government decided to reduce the energy supply gap by augmenting renewable energy generation.

Access Press Release of this Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-protective-relay-market

Further key findings from the report suggest:

• The medium voltage segment captured over 40% of the total revenue in 2015 and is projected to exhibit a significant growth at a CAGR of over 5% from 2016 to 2024. This can be attributed to their extensive usage in the fortification of structures such as houses, shopping center, hospitals, and warehouses, which require medium voltage power.
• Feeder protection application segment is expected to gain prominence over the forecast period exceeding a CAGR of 6.0% from 2016 to 2024. This is primarily due to the criticality of the transmission & distribution networks to safeguard the overhead cables required for the electricity transmission
• Assimilation of protective relays in huge power systems and substations to ensure security & operational safety of the equipment is projected to drive the demand across the power sector over the next few years. The power segment accounted for a significant market share in 2015 capturing over 30% of the entire revenue share in the same year.
• Asia Pacific emerged as the largest and the fastest growing market accounting for more than 30% of the overall share in 2015. Increasing investments in transmission & distribution infrastructure in China & India is expected to spur the protective relay demand in this region.
• The key purveyors in this industry comprise Siemens, GE-Alstom, ABB, and Schneider. International players hold a strong foothold in the market making it difficult for the local suppliers to compete.

Flywheel Energy Storage Market Worth $477.8 Million By 2024

The global Flywheel Energy Storage Market is projected to reach USD 477.8 million by 2024, according to a new report by Grand View Research, Inc. Increasing demand for uninterrupted power supply and growing energy storage industry are expected to fuel the growth of this market. Flywheel systems store and regulate electricity by spinning continuously and hence are used for the majority of the frequency regulation applications. The major difference between photovoltaic solar cells and the flywheel storage systems is that the latter can produce power throughout the day and night.

The data centers segment held the largest share of 16% in terms of applications in 2015. Growing energy storage industry in the U.S. and the European region projected to drive the market. Growing demand for uninterruptible power supply, particularly from the industrial sector, has provided much-needed momentum.

Access Press Release of this Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/global-flywheel-energy-storage-market

Further key findings from the report suggest:

• The data centers segment is projected to dominate this industry from 2016 to 2024 and is estimated to reach over USD 65 million by 2024, growing at a CAGR of 7.2%. Continuous, uninterrupted power is a primary requirement for data centers, for which, flywheel energy storage systems are used. Growing commercial workstations, which require a large amount of data to be stored centrally, are driving the market in this application segment. Growing cloud-enabled IT services are expected to propel demand for data centers, thus influencing market growth.
• Distributed energy generation is projected to be the fastest growing application segment at a CAGR of 12% from 2016 to 2024. Low cost of power transmission, reduced complexity, and higher efficiency are key characteristics of DEG systems that are preferred over a conventional generation. Also, this method is expected to provide a boost to the use of renewable sources for power generation and reduce the dependency on fossil fuels.
• North America was the largest market for flywheel energy storage systems in 2015, with a share of more than 77%. It is projected to witness a steady CAGR from 2016 to 2024. Since this region is home to some of the major IT companies such as Oracle, Cisco Systems, Intel Corp, Google and Microsoft that need storage of large amounts of data centrally, the demand from the data centers segment is projected to increase, by 2024.
• Active Power, Amber Kinetics, Inc., Beacon Power, LLC, and Calnetix Technologies, LLC account for the majority of the share in this industry. Other important players include Piller Group GmbH, Powerthru, Power Tree, Temporal Power, and Rotonix USA. Agreements, collaborations, and joint ventures were the most commonly adopted development strategies by these players between 2011 and 2016, in order to consolidate their positions in the industry.

Photonics Demand Likely Rising in Semiconductor and Electronics Industry

The global Photonics Market size is expected to reach USD 979.90 billion by 2024, according to a new report by Grand View Research, Inc. The prospects for market growth can be attributed to rapid innovations in the industry for the development of technologically-enhanced products and related services, as well as growing opportunities for the new market development.

Photonics is regarded as one of the Key Enabling Technologies (KETs) in the recent past, leading to the development of new products and services with substantial economic benefits. The broad diversity of devices with photonic-based components is expected to impact the global demand for this technology positively. Photonics is a technologically advanced field, being at the forefront of innovation and R&D and is thus presumed to incorporate substantial growth prospects over the forecast period.

The industry encompasses a broad scope of applications based on photonic-based products, which are anticipated to drive the dynamic emergence of new economic activities in the potential markets. The emergence of green and sustainable photonic-based solutions, such as Photovoltaic (PV) solar cells, is envisioned to drive the industry over the forecast period, owing to the increasing support by both local governments and consumers.

The industry encompasses substantial opportunities for growth over the next eight years. The key impact of photonics technology on energy supply is presumed to offer enhanced PV efficiency in the next-generation solar cells to make PV cost-competitive with fossil fuel electricity generation. Advanced products, such as polycrystalline silicon PV, thin film PV, dye-sensitized PV, and further new developments, such as embedding nanoparticles into solar cells and nanostructure substrates, are expected to boost the demand for photonic components in renewable energy sources over the forecast period.

However, significant initial investments and absence of proper international standards in the technology are expected to challenge the industry growth over the forecast period. The high cost of technology and risk of thermal effect haveled to the limited commercialization of this technology worldwide. Moreover, technology obsolescence and growing presence of counterfeit technologies across the globe are anticipated to challenge the industry growth in the near future.

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Further key findings from the report suggest:

• Light Emitting Diodes (LEDs) accounted for approximately 10% of the overall market share in 2015 and are presumed to grow at a considerable rate over the forecast period owing to the introduction of new legislations and policies worldwide to boost the adoption of highly efficient and renewable energy devices. LEDs are energy-efficient, high-performance, and environment-friendly alternatives to traditional light bulbs. Further developments alongside organic and inorganic LEDs, such as light emitting nanowires and quantum dots, and large areas light-emitting plastics, are presumed to boost the demand over the next eight years.
• Lasers are anticipated to witness a substantial growth over the forecast period, growing at an estimated CAGR of over 7% from 2016 to 2024. The growth in this segment can be primarily attributed to rapid developments in the industry to incorporate miniature laser projection units as a light source in next-generation pico-projectors. Lasers are being increasingly used in the production of textiles and clothing as well as fine chemicals and pharmaceuticals.
• Displays are anticipated to emerge as a predominant application segment over the next eight years owing to increasing developments of sharper, better color, energy-efficient, cheaper, and thin display devices. The increasing adoption of flexible displays, miniaturized displays, holographic displays, enhanced touch, and motion feedback displays are anticipated to lead to new product development and enhancement of existing products.
• In terms of revenue, North America dominated the global photonics market in 2015 and is expected to retain its dominance over the forecast period. The demand in this region is mainly driven by the increasing adoption of advanced technologies. The U.S. is presumed to encompass significant investments in the form of public spending and government funding for the R&D of photonic-enabled technologies. Europe is presumed to witness a considerable growth over the forecast period, owing to the growing establishment of research facilities for further development of thistechnology.

Automatic Emergency Braking Market Expand Their Businesses with New Investments

AEB systems occupy a position in the ‘forward collision avoidance & warning’ systems portfolio that addresses inattentive driving or oversight by notifying when a collision is imminent via visual, audio, or haptic signals. Forward collision warning systems rely on the driver’s discretion to successfully avoid the collision and, in some cases, automatically brake the vehicle if the driver fails to do so. AEB systems would reduce the number of crashes and help in improving traffic safety.

The incorporation of motion sensors into motor vehicles enable the monitoring of the driver’s attentiveness, which helps to prevent road accidents and augments the safety and security needs of people. Sensors with attached AEBs, wireless connectivity, predictive analytics, and context aware algorithms enable the evolution of smart automobile that are capable of making autonomous and intelligent decisions.

Collision avoidance sensors significantly reduce the number of fatalities caused due to road accidents, which not only benefits the car occupants but also pedestrians, cyclists, and other vehicle occupants. Technological advancements and R&D are expected to provide cost-effective solutions for the automotive LiDAR technology, which, at present, is bulky and extremely expensive for automotive applications.

The AEB systems market is poised for a sharp growth in the years to come, owing to the surge in efforts toward the development of fully autonomous cars. Self-driving vehicles operate with the help of onboard computers that are fed data through an array of sensors. The mass production and consumer adoption of autonomous self-driving vehicles may offer a significant growth opportunity for the AEB systems market.

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Further key findings from the report suggest:

• The installation base of advanced safety features is increasing exponentially. Alcohol ignition interlocks, emergency call systems, and accident data recorder systems are some examples of technologies where future demand is expected to spur the market growth.
• South America is anticipated to witness a delayed adoption of this technology due to several governmental regulations with respect to road traffic. Furthermore, the absence of regional technology providers may also delay the adoption of this technology in South America.
• Consumers in the UK have a high preference for tech-savvy products, due to which the AEB system adoption is anticipated to be a perfect fit for the same
• The key players in the AEB market include Robert Bosch GmbH (Germany), Autoliv Inc. (Sweden), and ZF Friedrichshafen AG (ZF TRW) (U.S.). Companies are focusing on developing innovative products to minimize the production cost.

Pulse Flour Market: One of the Booming and High Growth Market in Food Industry

The global Pulse Flour Market is expected to reach USD 56.62 billion by 2024, according to a new report by Grand View Research, Inc. Pulses are primarily a very low-fat source, comprising high fiber content, and low glycemic index. The product exhibits significant advantages over rice and wheat flour. These can be fortified to obtain the necessary mix of nutrients and rare elements such as selenium, potassium, and sodium.

Enhancement of innate immune response and treatment of joint pain is foreseen to fuel the demand in gluten-free foods. Over the past few years, extensive research is being conducted by the manufacturers in order to develop new products for utilization in applications such as feed and food. The companies have also been trying to study the pulse refining techniques on new pulse varieties. This is likely to open new opportunities over the forecast period.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-pulse-flour-market

Further key findings from the report suggest:

• Bakery & Snacks segment accounted for a share of over 90% in the global market in 2015. The common pulses when combined with bread are gaining more consumer attention owing to the new taste and enhanced nutritive value of the end product. The ability of the product to replicate the functional properties of other flours, without causing any side effects, is expected to propel the consumption over the forecast period.
• Lentil accounted for a share of over 10%, in terms of revenue, in 2015. High nutritional content and easy availability of lentils are expected to fuel the demand. Increased utilization in combination with pea flour is expected to have a positive impact on the demand.
• Europe dominated the market, in terms of revenue, in 2015. The market has witnessed an increase in development of new products over the past years. Bean based new product launches accounted for over 41.8% in 2014 while chickpea accounted for 35.0% share. In Asia Pacific, high cultivation of pulses is expected to propel the demand over the forecast period.
• The industry is characterized by new product development and mergers & acquisition. In February 2015, Ingredion Incorporated introduced a new range of pulse flour suitable for application in a wide range of bakery food items. The launch of 10 new flours was aimed at helping the production of high nutrition and certified gluten-free food.

Asia Pacific Region – One of the Dominant Markets for Knee Implant [2024]: Business Research Report

The global Knee Implant Market was valued at USD 8.8 billion in 2015 and is expected to reach a value of USD 12.4 billion by 2024. This growth is majorly attributed to growing elderly population and surging prevalence of chronic rheumatic conditions such as osteoarthritis, rheumatoid arthritis, and post-traumatic arthritis. Primary factors that lead to the occurrence of arthritis are aging, physical injuries, genetic inheritance factors, abnormal metabolism, infections, and immune system abnormalities.

Introduction of advanced technologies and products for are anticipated to keep the industry rivalry and market growth at par over the forecast period. For example, X3 Advanced Bearing Technology and Mako Robotic-Arm Assisted Technology with capabilities of providing patient-specific 3-D model to plan partial knee replacement surgery. Also, in March 2016, Zimmer Biomet launched the Persona Medial Congruent Bearing, which is designed to provide a more natural motion of the knee by maximizing joint stability.

The increasing investment in healthcare sector, geriatric population coupled with demand for minimally invasive surgeries are major factors fueling the increasing adoption of joint replacement procedures. In addition, untapped opportunities in developing economies such as China, and India are further anticipated to propel the knee implant market growth.

On the contrary, the stringent regulatory guidelines involved in gaining approval of class III medical devices are slowing down the approval of implants devices.

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Further Key Findings from the Study Suggest:

• The total knee replacement was the largest grossing segment in 2015 with over 75.0% and is expected to maintain its position during the forecast period. Developed countries including the U.S. and Germany are major contributors of this vertical. Advances in the surgical technologies and its rising demand in the developing economies will be a vital factor contributing to the sector growth
• The mobile-bearing implants segment is expected to exhibit fastest growth during the forecast period. The growth is attributed to the associated benefits such as longer performance with less wear and additional few degrees’ rotation compared to a fixed-bearing device
• North America is estimated to reign the global knee implant market in the year 2016. The region is expected to maintain its dominance throughout the forecast period. High procedural cost and reimbursement coverage coupled with the availability of skilled professionals is anticipated to spur the demand for knee implants during the forecast period
• The Asia Pacific region is projected to be the fastest growing regional market over the projected period. Rapidly booming medical tourism industry in the emerging economies of India and China is primarily propelling the demand for knee replacement products in Asia Pacific region
• The industry involves several global as well as local players. Some of the major players in this sector include Zimmer Biomet, Stryker, DePuy Synthes, Smith and Nephew, Aesculap Implants Systems,LLC, Exactech, Inc., Medacta, MicroPort Scientific, CONMED, Kinamed, Inc., ConforMIS, and OMNIlife science, Inc.

Rapid Development of the Rubber, Inks, and Adhesives Industry Drives Market for Gum Rosin

The global Gum Rosin Market is expected to reach USD 2.49 billion by 2024, according to a new report by Grand View Research, Inc. increasing demand of gum rosin owing to growth of synthetic rubber industry primarily in China is expected to drive the market growth. Increasing demand for high grade gum rosin products including WW and X grade by application industries is expected to benefit the market growth. The industry is characterized by abundance of raw materials in major producing regions such as Brazil, Indonesia, and China. In addition, the availability of low-cost labor, coupled with rapid development of the paper and adhesives industries in the region, is anticipated to provide impetus to the market growth.

The industry growth is expected to be restrained by increasing substitution of gum rosin by tall oil rosin. In addition, unfavorable weather conditions in China are expected to act as a major restraint for growth.

The market is expected to be driven by availability of low-cost gum rosin produced in Brazil and Indonesia. In addition, rapid development of the rubber, inks, and adhesives industry in Europe is likely to translate into increasing demand for the product in the region.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-gum-rosin-market

Further key findings from the report suggest:

• WG gum rosin accounted for nearly 25% of the market volume in 2015 owing to growth in the demand by adhesives and paints & coatings industry in Europe. Increasing price reductions and discounts offered by the Chinese manufacturers is expected to attract the consumers towards the product contributing towards market growth.
• The demand for the product in adhesives accounted for over USD 700 million in 2015 owing to increasing use of the compound as an ingredient for the manufacture of adhesives. In addition, rapid development of the adhesives industry in China and India is expected to translate into a growing demand for the compound over the forecast period.
• China is expected to emerge as the biggest market player for gum rosin, growing at a CAGR of over 3% from 2016 to 2024 owing to significant development of the application industries including rubber, adhesives, inks, paper sizing, and paints & coatings in the region. In addition, growth of the end-use industries such as building & construction and automotive in the region is expected to drive the market growth.
• Key participants include Wuzhou Pine Chemicals, Groupo RB (Resinas Brasil Group), CV Indonesia Pinus, Guangdong KOMO and Socer Brasil. The companies in the domain are focused on price reductions and discounts as major strategies for increasing the market share.

Organic Rice Protein: One of the Booming and High Growth Market in Food Industry

The global Organic Rice Protein Market is expected to reach USD 154.4 million by 2024, according to a new report by Grand View Research, Inc. Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles.

Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive R&D in order to develop hexane free organic rice protein thereby facilitating development.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-organic-rice-protein-market

Further key findings from the report suggest:

• Organic rice protein isolates are likely to witness CAGR of over 18% from 2016 to 2024. These produce high quality product with enhanced color, texture, and flavor in a cost effective manner, which is likely to augment demand for the product over the forecast period.
• Sports and energy nutrition application is expected to witness CAGR of over 16%, in terms of volume, from 2016 to 2024 due to rapidly growing demand in Europe and North America. High youth population coupled with increasing trend of sports & gym in Asia Pacific is likely to have a positive impact on the growth over the forecast period.
• North America is expected to witness significant growth from 2016 to 2024 due to the presence of key companies in the region. The players have been involved in extensive R&D in order to develop products focusing on numerous applications. High preference towards natural food ingredients in the regions is expected to propel demand for the product in meat analogues and extenders over the forecast period.
• Latin America demand was valued at over USD 1.5 million in 2015. Increasing government initiatives to promote use of organic food products coupled with high organic rice farming in the region is expected to augment demand for the product over the forecast period.
• The market is characterized by the presence of limited market players with the strong distribution network. Some of the key organic rice protein suppliers include American Supps, Nordic Food Partners A/S, Aggressive Health Shop, Bioden, and iHerb Inc. These companies are involved in the distribution of organic rice proteins on the global level.

Global Orthopedic Soft Tissue Repair Market is growing At a Rapid Pace - Market Analysis and Forecast to 2024

Orthopedic Soft Tissue Repair Market is expected to be over USD 9.39 billion by 2024, based on a new report by Grand View Research, Inc. Rising demand for minimally invasive procedures has provided greater growth prospects for the market. Minimally invasive knee replacement surgery involves lesser disturbance of muscles and tendons, making the reconstruction procedure more natural.

Increasing awareness amongst the population that skeletally immature patients can also tear their connective tissue and ligaments has boosted the growth of the industry. Furthermore, rising awareness regarding the development, commercialization, and promotion of advanced platelet-rich plasma devices would fuel the market in the long run. Hence, this factor plays a pivotal role for boosting the market in the near future.

Technological advancements and innovations continue to be seen in the orthopedic connective tissue repair space. Novel advances, such as innovative surgical techniques, are also visible in the field of Anterior Cruciate Ligament (ACL) reconstruction to make these procedures more effective. Such innovations, developments, and advancements would lead to further growth of the market in the near future. Furthermore, increasing road accidents also are estimated to accentuate the demand for the market to a large extent.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-orthopedic-soft-tissue-repair-market

Further Key Findings from the Study Suggest:

• Cruciate ligaments repair dominated the overall procedure segment in 2015 with revenue generation of over USD 1.9 billion owing to higher prevalence ACL injuries among athletes, as they are more prone to such type of injuries during sport-related activities. Furthermore, ACL is also a frequently occurring knee injury and the standard treatment for this disorder is surgical reconstruction.
• Knee segment held the largest industry share in 2015, because it is a frequently affected target injury location among the athletes as well as the geriatric population base. Bones as well as connective tissues, such as tendons, ligaments, and cartilages naturally weaken with growing in age. This poses greater risk for occurrence of target injuries, mainly in knees of the elderly population.
• Posterior soft tissue repair is one of the common procedures in total hip arthroplasty. Soft tissue injuries surrounding the hip joints result in dysfunction of the joint. As a result of this, hip segment is estimated to attain a lucrative CAGR of over 7.5% over the forecast period.
• North America contributed toward the largest industry share of around USD 2.0 billion in 2015. The primary factors favoring this growth include investments for developed healthcare infrastructure. This has led to advancements in soft tissue repair surgeries, such as minimally invasive procedures. Moreover, majority of the key players are headquartered in the U.S., which provides a wide market for orthopedic soft tissue repair.
• Asia Pacific is anticipated to witness highest CAGR over the forecast period owing to greater penetration of medical devices in countries like Japan and increasing geriatric population in India.
• The key players serving orthopedic soft tissue repair market include Stryker, Zimmer Biomet, Smith & Nephew Plc, Arthrex, Inc., CONMED, and DePuy Synthes, Inc.
• Strategic collaborations, mergers & acquisitions, widening the distribution network, and technological advancements are some of the key strategies the companies are concentrating on in order to enhance the market demand for orthopedic soft tissue repair.

Widely Used of Encryption Software Market to Increase the Network Security

The global Encryption Software Market is expected to reach USD 8.402.9 million by 2024, according to a new study by Grand View Research, Inc. Organization vulnerabilities are on a rise with enterprises working through the disaggregated point solutions and a multitude of management platforms, which is anticipated to drive the encryption software market over the forecast period.

Encryption software enables the protection of confidentiality of the information stored in the database and data in transit as per the compliance and security requirements of any organization. This renders the data unreadable even to the authorized person, thereby enhancing the security of confidential data. Publicized data loss together with new governance and compliance regulations is expected to drive the need for customers to encrypt data. Organizational best practices point towards data encryption as a key solution for data privacy. However, the lack of budget is the key reason cited by organizations for being unable to make extensive investments in encryption solutions and this is presumed to challenge the industry demand.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-encryption-software-market

Further key findings from the study suggest:

• The BFSI segment is anticipated to witness a healthy demand and penetration as these institutions are aggressively and proactively adopting these software solutions to secure confidential and sensitive information. The segment captured over 25% of the overall revenue share in 2015 and is anticipated to witness growth at a CAGR exceeding 16% from 2016 to 2024.
• In 2015, the on-premise deployment segment accounted for over 60% of the market share. The segment is expected to witness a substantial growth over the forecast period. This is ascribed to the growing need to minimize the scope of compliance audits along with avoiding public disclosures after a data breach.
• The disk encryption segment is anticipated to experience a growth at a CAGR exceeding over 15% from 2016 to 2024. This healthy growth is accredited to the increasing adoption of the disk coding software to secure desktop and laptops by encrypting all the data at rest on a hard drive.
• Europe is estimated to witness a modest growth over the forecast period, which is primarily attributed to the recovering economy resulting in demand across several end-use industries including retail, BFSI, manufacturing, healthcare, and telecom. The IT upgrades in the existing infrastructure are anticipated to spur the product demand over the next eight years.
• The industry is fragmented in nature with the presence several new and well-established players. A few notable players in the market include Bloombase, Microsoft Corporation, Symantec Corporation, Intel Security (McAfee), Sophos, Check Point Software Technologies, EMC Corporations, and Cisco Systems, among others. Since the industry is dynamic in nature with enterprises having to deal with several data security issues, companies focus on continuous product development in compliance with regulatory standards and evolving end-use requirements.

Intensifying Business Opportunities in GCC Protective Relay Market

The GCC Protective Relay Market is expected to reach USD 377.4 million by 2024, according to a new report by Grand View Research, Inc. Escalating investments in the transmission & distribution infrastructure to substitute the aging equipment is a key factor instigating the protective relay demand in the power systems. The increasing complexity of electrical circuits has made it unavoidable to use protective devices for the safe & secure operation. The increasing electricity generation capacity to fulfill the growing population’s electricity needs is anticipated to remain as a chief factor driving the market growth. However, the cost associated with the installation & maintenance of protective relays is projected to challenge the market over the forecast period.

The GCC protective relay market is expected to gain prominence over the forecast period owing to the population growth coupled with the increasing domestic power consumption in Saudi Arabia. Furthermore, upcoming events, such as 2022 FIFA World Cup, would further lead to increased investments in the infrastructure development, thereby spurring the electricity demand in GCC. This would subsequently elevate the need for protective relays to safeguard the power systems in this region.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-gcc-protective-relay-market

Further key findings from the report suggest:

• The medium voltage segment accounted for over 35% of the overall revenue in 2015 and is expected to witness a rapid growth at a CAGR of over 6.3% from 2016 to 2024. This is due to their usage in the protection of buildings such as houses, hospitals, shopping malls, and warehouses, which supply medium voltage power.
• The growth in the feeder protection application segment can be primarily attributed to the surging need to protect overhead cables and lines utilized for the electricity transmission. The segment is estimated to witness a growth exceeding the CAGR of 5.5% from 2016 to 2024.
• The power sector is projected to witness a significant growth over the forecast period owing to the integration of relays to ensure safety and security of equipment and personnel at the power stations. The segment captured a sizeable market share in 2015 accounting for over 40% of the overall revenue share in the same year.
• Saudi Arabia accounted for more than 40% of the overall share in 2015. However, UAE is estimated to exhibit the high growth over the next few years owing to the surging industrial, infrastructure, and power projects in this country.
• The key market participants include Siemens, ABB, GE-Alstom, and Schneider. Industry participants strive to undertake product differentiation and technological advancements so as to gain a competitive edge in the market.

Massive Growth and Business Opportunities in U.S. Clinical Oncology NGS Market

U.S. Clinical Oncology Next Generation Sequencing Market is anticipated to reach USD 1.53 billion by 2024, according to a new report by Grand View Research, Inc. Application of NGS platform for clinical oncology are expected to grow at a steady pace under the influence of increasing adoption of NGS platforms in oncology R&D coupled with rising incidents of cancer.

Application of NGS based cancer diagnostics for screening and monitoring of oncogenes to understand the underlying mechanism behind causes of cancer is expected to boost growth of this vertical throughout the forecast period.

Moreover, exponentially decreasing costs for sequencing have also spurred the demand for NGS platform in clinical oncology research as whole genome analysis has become affordable even by the smaller R&D entities. In addition, high competition amongst prominent market players to enhance their share in the market is also expected to translate into increased revenues generated by these companies as a result.

Access Press Release of this Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/us-clinical-oncology-next-generation-sequencing-ngs-market-analysis

Further key findings from the report suggest:

• Out of the different technologies offered by NGS platforms, targeted sequencing & resequencing accounted for the largest share owing to the fact that it enables study of changes in diseases at molecular level, & analyze the underlying modifications in the genetic sequence to investigate epigenomics of cancer, thus enhancing demand for more advancement in targeted sequencing tools.
• Workflow associated with genomic sequencing is expected to witness lucrative progress as a result of variation in platforms provided by prominent market players with respect to amount of DNA sequenced per cycle, read length, and runtime. Furthermore, data analysis of raw sequence data thus obtained, is the most critical step in the workflow of NGS, and is thus anticipated to experience immense growth in coming years as a consequence of abundance of data generated post sequencing.
• Adoption of high throughput sequencing platform by clinical sector is observed to be more promising for NGS based oncology research market as a consequence of usage of NGS in cancer research and more specifically in discovery of new cancer related genes, tumor heterogeneity, and identification of alterations that are contributive in tumorogenesis
• Key players operating in this industry include Illumina Inc., Roche, Agilent Technologies, Knome Incorporated. Genomatix Software GmbH, GATC Biotech Ag, Oxford Nanopore Technologies Ltd, Macrogen Inc., Life technologies Corp, DNASTAR Inc, Exosome Diagnostics, Biomatters Ltd, CLC Bio, BGI, Qiagen NV, Perkin Elmer, Incorporated, Pacific Bioscience, Inc, Partek, Inc, GnuBIO, Foundation Medicine, Paradigm, Caris Life Sciences and Myriad Genetics and they are actively engaged in manufacturing and commercialization of innovative bioinformatics algorithms as demonstrated by the increasingly growing number of partnerships between prominent players and emerging players.
• For instance, In February 2016, Thermo Fisher collaborated with Invivoscribe Technologies, Inc for the development of NGS based, in vitro diagnostic (IVD) oncology tests on Ion PGM Dx System which is further anticipated to accelerate growth of the company in near future. Similarly, in June 2016, Thermo Fisher supported enhancement and commercialization of clinical research assay and in vitro diagnostics using NGS technology launched the Ion Torrent Developers Alliance Program.

Palm Oil are Making Good Money in Food Industry Due to its Health Benefits

In 2014, global Palm Oil Market was valued at USD 61.09 billion. The market is poised for growth owing to the increasing demand from the various end-use industries. Government and other correlated organizations across many countries have taken measures to limit the trans-fat intake over the past few years. Protocols regarding increased utilization of palm oil in the form of biodiesel as well as fuel mixing with bio-based fuel have gained recognition in recent past.

Technologies and research & development initiatives to create viable means of production offer immense prospects for the industry participants. Meting out operations to deliver products with a high value offer huge opportunities for growth of global palm oil market over the forecast period.

Crude palm oil dominated the global palm oil market accounting for over 75% of the market in 2014. Growing application in surfactants, cosmetics, lubricants, edible oil and biodiesel was responsible for this high market share. Crude palm oil is also expected to experience the maximum growth rate, at a probable CAGR of 7.5% from 2015 to 2022. It is used extensively for the purpose of cooking. Crude palm oil has relatively lower prices as compared to its competitors which make it the best-chosen cooking oil, predominantly in South East Asia and West Africa.

Edible oil had the largest market share of over 65% in 2014. Rising health concern regarding high consumption of trans-fat has made consumers shift from vegetable oils and animal fats to edible oil which has relatively lower trans-fat content. Biodiesel is predicted to grow at a very high growth rate, at an expected CAGR of 8.8% from 2015 to 2022. Quick development of the global bio fuel market with an aim of reducing dependence on conventional fuels is likely to drive the biodiesel demand.

Browse Full research report on Palm Oil Market Analysis:http://www.grandviewresearch.com/industry-analysis/palm-oil-market

Easy availability of significant raw materials along with the increased disposable income levels in India, South East Asia, and China is anticipated to benefit the overall Asia Pacific market over the forecast period. Asia Pacific ruled the market accounting for more than 60% of the market share in 2014.

India is accounted to be the major palm oil importers in the world. Central & South American market is anticipated to experience increased production capabilities. Companies have eyed these markets owing to their plentiful arable land and favorable climatic conditions.

Global palm oil market is integrated having few companies ruling the market and is characterized by increased threat of new market players. Key industry participants comprise of Wilmar International Ltd., ADM, London Sumatra, Sime Darby, Cargill Inc., Godrej Agrovet Ltd. and IOI Corp. These corporations have taken up measures to attain a competitive advantage and to diversify their product line.

Access press release of this research report by Grand View Research:  http://www.grandviewresearch.com/press-release/global-palm-oil-market

Patient Handling Equipment Finds Application in Advance Medical Devices - Trends & Forecast By 2024

The global Patient Portal Market is expected to reach USD 5.2 billion by 2024, according to a new report by Grand View Research, Inc. The demand for Electronic Health Record (EHR) with a patient portal is expected to exhibit an upsurge over the forecast period, owing to the increasing demand, favorable government funding policies, and the continual technological advancements offered by the key industrial players.
In May 2016, CureMD signed a pledge of Voluntary National Interoperability. This pledge stated that action plans to develop and implement rapid flow in healthcare information between providers, patients, and other concerned authorities are to be implemented.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-patient-portal-market

Further Key Findings From the Report Suggest:

• Integrated Patient portal was identified as the most lucrative segment in 2015. The rapid shift of providers from their previous methods to the EHRs, advancements in technology, and increasing demand were some of the reasons for its largest market share. 
• In June 2015, ICON (a global drug development and service provider) launched its online “Firecrest Patient Portal” It was specifically designed for a person to understand the entire treatment process before consulting the provider and view information regarding clinical trials. 
• Moreover, this provided services such as online appointment registration, laboratory tests and reports, and other necessary facilities. 
• Also, as per a report by the European commission, 11regions across the European Union (EU) had participated in the “Sustains project” since 2012, which was EU sponsored. This project was an initiative for joint learning, providing patients’ access to their health records and other online services. 
• North America dominated the market in 2015 as a result of the technological advancements and implementation of healthcare IT in the region. 
• In June 2014, Brattleboro Memorial Hospital launched “myHealthPortal.” It is expected to provide easy and early access to the selected portions of the health records. It is safe and secure, providing confidential communication between the providers and the patient. 
• Europe is expected to grow at a higher rate over the forecast period due to increasing demand of efficient healthcare delivery and advanced solutions. Increased government initiatives in the region and deployment of EHR-based portal solutions are considered responsible for its high growth rate. 
• In November 2015, an event was organized in the European Parliament by members of the European Parliament, Health Policy Partnership, Lung Cancer Europe, and European Cancer Patient’s Coalition. This event witnessed the launch of an Immuno-oncology Patient Portal that proved to be a unique solution for people suffering from cancer in Europe. 
• Developers are collaborating and expanding with the aim of combining the use of innovation and technology to improve efficiency and provide better services for the convenience of the providers. 
• In 2016, McKesson Corporation announced a partnership with Blue Cross Blue Shield of Arizona. This partnership will help deliver a broad range of services, thereby assisting the service providers. 
• In 2015, GE Healthcare announced the acquisition of Camden Group in order to provide their clients access to analytics that involves change management and activation resources, which support organizational and clinical changes. 
• Some key players in this market are GE Healthcare, Allscripts Healthcare Solutions, McKesson Corporation, and Cerner Corporation. 

Latest Trending Research Study on Patient Portal Market Analysis 2013-2024

The global Patient Portal Market is expected to reach USD 5.2 billion by 2024, according to a new report by Grand View Research, Inc. The demand for Electronic Health Record (EHR) with a patient portal is expected to exhibit an upsurge over the forecast period, owing to the increasing demand, favorable government funding policies, and the continual technological advancements offered by the key industrial players. 

In May 2016, CureMD signed a pledge of Voluntary National Interoperability. This pledge stated that action plans to develop and implement rapid flow in healthcare information between providers, patients, and other concerned authorities are to be implemented. 

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-patient-portal-market




Further Key Findings From the Report Suggest:

• Integrated Patient portal was identified as the most lucrative segment in 2015. The rapid shift of providers from their previous methods to the EHRs, advancements in technology, and increasing demand were some of the reasons for its largest market share. 
• In June 2015, ICON (a global drug development and service provider) launched its online “Firecrest Patient Portal” It was specifically designed for a person to understand the entire treatment process before consulting the provider and view information regarding clinical trials. 
• Moreover, this provided services such as online appointment registration, laboratory tests and reports, and other necessary facilities. 
• Also, as per a report by the European commission, 11regions across the European Union (EU) had participated in the “Sustains project” since 2012, which was EU sponsored. This project was an initiative for joint learning, providing patients’ access to their health records and other online services. 
• North America dominated the market in 2015 as a result of the technological advancements and implementation of healthcare IT in the region. 
• In June 2014, Brattleboro Memorial Hospital launched “myHealthPortal.” It is expected to provide easy and early access to the selected portions of the health records. It is safe and secure, providing confidential communication between the providers and the patient. 
• Europe is expected to grow at a higher rate over the forecast period due to increasing demand of efficient healthcare delivery and advanced solutions. Increased government initiatives in the region and deployment of EHR-based portal solutions are considered responsible for its high growth rate. 
• In November 2015, an event was organized in the European Parliament by members of the European Parliament, Health Policy Partnership, Lung Cancer Europe, and European Cancer Patient’s Coalition. This event witnessed the launch of an Immuno-oncology Patient Portal that proved to be a unique solution for people suffering from cancer in Europe. 
• Developers are collaborating and expanding with the aim of combining the use of innovation and technology to improve efficiency and provide better services for the convenience of the providers. 
• In 2016, McKesson Corporation announced a partnership with Blue Cross Blue Shield of Arizona. This partnership will help deliver a broad range of services, thereby assisting the service providers. 
• In 2015, GE Healthcare announced the acquisition of Camden Group in order to provide their clients access to analytics that involves change management and activation resources, which support organizational and clinical changes. 
• Some key players in this market are GE Healthcare, Allscripts Healthcare Solutions, McKesson Corporation, and Cerner Corporation. 

Rapid Increase in Peripheral Vascular Devices Market - Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2020

The Global Peripheral Vascular Devices Market is expected to reach USD 8,918.8 million by 2020, growing at an estimated CAGR of 7.2% from 2014 to 2020, according to a new study by Grand View Research, Inc. Peripheral vascular devices such as IVC filters, angiography catheters and plague modification devices are used for treating peripheral arterial or coronary arterial diseases caused due to the formation of atherosclerotic plaques in arteries. These devices are used to decrease the interference of patients with minimum disturbance during the surgical procedure.

Increasing global geriatric population base triggering incidence rates of target diseases, extensive presence of both private and public external funding programs, changing lifestyle and eating habits are expected to be key driving factors for this market over the next six years. In addition, presence of untapped growth opportunities in emerging markets such as India, Brazil and China and increasing health awareness are also expected to serve this market as future growth opportunities.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-peripheral-vascular-devices-market

Further key findings from the study suggest:

• Peripheral vascular stents dominated the peripheral vascular devices market in terms of share at over 30.8% in 2013; driven by increasing demand for drug eluting and bio-absorbable stents. Moreover, the ability of these devices to significantly reduce re-stenosis rates is expected to boost product demand.
• Embolic protection devices market is expected to grow at the fastest CAGR of 9.2% during the forecast period; owing to increasing demand for minimally invasive endovascular surgical method for removing atherosclerosis from large blood vessels.
• North America was the largest regional market in 2013, accounting for 40.3% of the global revenue. Presence of sophisticated healthcare infrastructure, high patient awareness levels, healthcare expenditure and high R&D pertaining to drug discovery and development are some of the factors accounting for its large share.
• Asia Pacific peripheral vascular devices market is expected to grow at the fastest CAGR of 10.0% from 2014 to 2020; primarily owing to the wide presence of unmet medical needs coupled with rapidly improving healthcare infrastructure in emerging markets of India and China.
• Key industry participants of this market include Abbott Laboratories, Angioscore Inc., Edward Lifesciences Corporation, Medtronic Inc., St. Jude Medical, Teleflex Medical, Volcano Corporation, Boston Scientific Corporation, Teleflex Medical, Cook Group Inc., Cordis Corporation, Covidien, W.L.Gore and Associates Ltd. and Angioscore Ltd.

Headsets Market Growing With Rising Investment in Quality Electronic Products

The Headsets Market is estimated to reach approximately USD 20,465.7 million by 2024, according to a new study conducted by Grand View Research, Inc. The rise in the disposable income is remarkably driving the demand for application-specific headsets. The increase in consumer spending for consumer electronic products has significantly spurred the market growth. The growing demand for improved design and style is anticipated to favorably impact the industry growth. In addition to this, increasing popularity and adoption of smartphones, portable music players, laptops, tablets, and other mobile devices are expected to catapult the industry growth prospects.

Enhanced audio quality acoustics offered by in-ear products is substantially bringing traction in this industry. The advent of innovative technologies such as Bone Conduction, Near-field Magnetic Inductance (NFMI) Technology, and Design Improvements has led the market to gain traction globally.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-headset-market



Further key findings from the study suggest:

• The in-ear product segment is projected to gain momentum over the forecast period. The segment was valued at approximately USD 5,162.4 million in 2015 and is projected to reach approximately USD 9,616.7 million by 2024, expanding at a CAGR of 7.2% from 2016 to 2024. Miniaturization, portability, and better comfort are the key advantages impelling the growth of in-ear headsets segment.
• Headsets within the pricing range of USD 50-100 are predicted to witness a high demand during the forecast period. This is mainly due to the introduction of cost-effective quality products within this segment. This segment demand was valued at 95.0 million units in 2015 and is expected to grow at a CAGR of 12.4% from 2016 to 2024.
• The commercial application segment is experiencing significant growth owing to the increasing adoption of headsets in BPO enterprises and the media and entertainment industry. The growing demand for enhanced user experience while playing PlayStation or high-quality graphics games on mobile applications has increased the demand for gaming and VR headsets as it stands today. The trend is likely to continue over the forecast period.
• The Asia Pacific region is estimated to be the key market over the forecast period, owing to the increasing demand for headsets in countries such as China, India, and Japan. The availability of low-cost headsets from regional manufacturers is impacting the growth of the market positively. Additionally, the availability of affordable headsets manufactured byte leading players in order to remain competitive has also bolstered the market growth in this region. The growing competition among the third-party e-commerce channels (backed with large pockets venture capitals) is another key factor fueling the industry growth.
• The key vendors dominating the industry include Apple, Inc., Sennheiser Electronic GmbH & Co. KG, Sony Corporation, Bose Corporation, JVC Kenwood Corporation, Alclair Audio, Harman International Industries, Inc., and Panasonic Corporation

Smart Packaging Market – Global Analysis and Forecast 2013-2024

The global Smart Packaging Market is expected to reach USD 26.7 billion by 2024, according to a new report by Grand View Research, Inc. Rising need for smart packaging products owing to increasing usage in the end use industries such as electronics and automotive on account of its superior protection properties is expected to fuel the growth over the forecast period. Rising industrialization in emerging regions including Asia Pacific and the Middle East is expected to drive the industry over the next eight years.

Increasing application scope in the logistics industry pertaining to the surging use of RFID tags at multiple levels to speed up locating products, and to improve the availability of real-time information coupled with the elimination of record loss is expected to drive the demand over the next eight years. Moreover, rising investment to improve the logistics industry within emerging economies such as China and India are projected to propel the industry growth.

Active Packaging accounted for over 70% of the market in terms of revenue on account of superior corrosion and moisture control properties. Growing use of the product in the automotive sector is likely to drive the demand over the forecast period.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-smart-packaging-market



Further key findings from the report suggest:

• The global smart packaging industry in terms of revenue was USD 10.8 Billion in 2015 and is expected to reach USD 26.7 Billion by 2024, recording a CAGR of 10.6% from 2016 to 2024.
• NFC (near field communication) is projected to be the fastest growing segment within intelligent packaging registering a CAGR of over 12% from 2016 to 2024. Usage of NFC in the telecom industries is rising exponentially. Smartphones equipped with NFC which can be paired with NFC tags or stickers, programmed by NFC apps to automate tasks and hence, is likely to fuel the growth of smart packaging market over the forecast period.
• Personal care sector is expected to register a CAGR of over 10% from 2016 to 2024 accounting for about 9% of the total market in 2015. Growing demand for personal care products particularly organic products on account of rising awareness about various health benefits over their synthetic counterparts is likely to fuel the industry over the forecast period.
• Automotive segment held a significant share of over 10% in 2015. The industry is expected to grow at a CAGR of around 12% from 2016 to 2024. Growing use of RFID tags in the automotive industry to improve the production efficiency is expected to drive the demand over the forecast period. Also, rising use of RFID tags in the automotive industry for asset tracking and supply chain management is expected to propel the industry growth.
• Asia Pacific accounted for a significant share of over 11% in 2015. The ready availability of raw materials coupled with cheaper manufacturing costs is expected to drive the growth. The region is also projected to witness growth of over 14% from 2016 to 2024.
• The industry is moderately fragmented with the presence of a large number of prominent participants across the globe. Some leading companies operating in the global market include 3M, BASF, Du Pont, Avery Dennison Corp., Amcor Limited, Sealed Air Corporation and International Paper. 3M is an American company involved in product development, manufacturing, and marketing for businesses including industrial, safety & graphics, electronics & energy, healthcare, and consumer. The company manufactures a wide range of products which includes abrasives, maintenance, automotive, materials, films, hand hygiene, home improvement, components, patient monitoring, personal safety, signs & displays, filtration, surgical solutions, wire & cable and tapes & adhesives.

Lead Acid Battery Market is highly competitive and fragmented in Nature.

China Stationary Lead Acid Battery Market is expected to reach USD 4.55 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for lead acid battery in uninterruptible power supply (UPS) systems as they provide high power density and enhanced life expectancy will propel market growth over the forecast period. The growth of the commercial sector including theatres, malls, and hotels & restaurants in China is expected to stimulate the product demand on account of increasing government spending and FDIs. Rising emphasis on energy security has resulted in increasing the establishment of power plant installations over the past few years, and this trend is expected to continue owing to the increasing population and improving infrastructure.

Telecommunication was the dominant segment accounting for 40.6% of the overall revenue share in 2015 and will show steady growth in light of rising need to manage wireless connection efficiently and reduce data transmission losses.

Access Press Release of this Research Report by Grand View Research: http://www.grandviewresearch.com/press-release/china-stationary-lead-acid-battery-market-analysis

Further key findings from the report suggest:

• Off-grid renewable segment was valued at USD 115.6 million and is projected to witness substantial gains over the forecast period on account of growing number of off-grid installations in light of government support, and increasing focus on improving living conditions in rural areas by the private sector, social organizations, and communities working. Moreover, the absence of an efficient grid system in remote villages will fuel growth over the forecast period.
• Transportation infrastructure will witness significant rise at a CAGR of 7.5% from 2016 to 2024 in light of the announcement of an infrastructural development plan by the China Ministry of Transport and the National Development and Reform Commission for the development of rails (trackside), roads, marine buoys, aviation beacons and tunnels.
• Abundant availability of lead acid battery in various sizes and specifications along with high current level will augment its demand over the upcoming years. Low-cost and easy availability of lead acid batteries for different specifications coupled with excellent properties including low maintenance, durability, low self-discharging, and high discharge rate capability will lead to industry expansion over the next eight years. 100% recyclability and simple extraction process of these batteries will increase industry size over the next eight years.
• China stationary lead acid battery market is highly competitive and fragmented in nature with the presence of numerous large and small scale manufacturers. The industry is mainly dominated by key participants including Narada Power Source Co., Ltd., GS Yuasa Corporation, China Shoto, Leoch International Technology Limited and Fengfan Co., Ltd. Ongoing product innovation to produce high-performance and cost-efficient batteries is expected to fuel growth over the forecast period.

Profitable Advantages of Investment in Smart Cities Market Growth

Global Smart Cities Market size was valued at USD 567.45 billion in 2013. Exponentially increasing population, and rapid urbanization coupled with continuous industrialization are key factors expected to positively affect the market. Smart cities are developed & designed to cater to a wide range of challenges including urban mobility, energy management, street lighting, public safety and water management. The market is expected to register a rapid growth at an estimated CAGR of 13.6% from 2014 to 2020.

Smart cities are developed using latest technologies including sensor networks, data analytics, cloud computing and wireless communications. Implementation of smart cities is based on the reduction of dependency on non-renewable resources for energy and improving fuel efficiency.

Smart transportation was the largest application segment accounting for 16.1% of the global market share in 2013. Rising popularity of transport solutions including parking management, ticketing management, guidance system, passenger information systems, traffic management and supervision system is expected to augment the market demand over the forecast period. Smart transportation is anticipated to witness growth at an estimated CAGR of 15.2% over the forecast period.

Smart security was valued at USD 77.19 billion, owing to increasing incidences of theft resulting in higher security needs. The smart-security application segment is expected to witness significant gains at a CAGR of 14.8% from 2014 to 2020. Industrial automation is anticipated to witness significant gains at a CAGR of 14.4%,owing to the rising demand for integration of intelligent systems and communication infrastructure.

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-smart-cities-market

North America dominated the global market generating revenues of USD 194.98 billion in 2013. The regional market is expected to witness a rapid growth at a CAGR of 12.3% over the forecast period, owing to rising development of the transportation sector and water infrastructure. Stringent government regulations, to minimize the carbon emission, are projected to boost market demand.

Asia Pacific accounted for 21.7% of the market share in 2014 and is expected to witness significant gains owing to the rising expendable incomes, improved living standards and an exponentially increasing population in the emerging economies of the region. Smart transportation, smart energy manager, and industrial automation are the leading application segments in the region owing to the rising demand for residential developments and increasing R&D developments in the region over the forecast period.

Major players dominating the smart cities market are IBM, Honeywell, Cisco, Accenture, Oracle, and Alcatel-Lucent. The market is characterized by mergers & acquisitions, strategic agreements, and contracts with distributors.