Mammography Market Size to Reach USD 3.8 Billion By 2025

The global mammography market is expected to reach a value of USD 3.8 billion by 2025, according to a new report by Grand View Research, Inc. The market growth can be attributed to the rising initiatives by various governments and NGOs to raise awareness about early diagnosis of microcalcifications in breast tissue. Some significant organizations such as the National Breast Cancer Foundation, CDC, and Breast Cancer Organization are promoting the early diagnosis of mammary gland calcification, which is one of the crucial factors expected to drive the demand over the forecast period.

Based on a report published by the National Cancer Institute in 2015, it was stated that the proportion of women aged 45 to 65 years had increased to 81.1% in breast cancer screening. Major mammography manufacturers are introducing new products and increasing the number of approved products, which is further expected to impel the demand in the coming years.

In January 2016, FDA approved a new manual for digital mammography quality control by the American College of Radiology. The growing number of awareness campaigns to promote womens’ health services is also anticipated to propel growth.

Some of the key industry players are Fujifilm; Hologic; Philips Healthcare; Siemens Healthineers; Toshiba Medical Systems Corporation; GE Healthcare; Metaltronica; PLANMED OY; Mindray Medical International Limited; and IMS srl.

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http://www.grandviewresearch.com/industry-analysis/mammography-market

Further Key Findings From the Study Suggest:

• Digital systems dominated the product segment in 2015 owing to the wide availability of digital breast screening devices and presence of favorable reimbursements for such devices
• Digital mammography dominated the application segment in 2015 due to growing awareness regarding digital technology and increasing adoption of such technology for better diagnosis
• In 2015, North America dominated due to the increasing adoption of technologically advanced screening devices and up surging number of approvals of 3D systems
• Asia Pacific and Latin America are the two fastest growing regional segments, because of the higher mammary gland cancer prevalence and growing number of government campaigns to improve screening results

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All Things you want to Know About Patient Handling Equipment Market

The patient handling equipment market is expected to reach USD 21.6 billion by 2024, according to a new report by Grand View Research, Inc. The upsurge in the demand for products, such as slings, lifts, powered electric wheelchair, due to high risk of physical injuries in manual lifting of heavy loads is a key growth driver of patient handling equipment market. In addition, growing prevalence of injuries, such as lower back pain, musculoskeletal disorders (MSDs), etc., is expected to boost growth in this sector. These injuries are avoidable by practicing safe patient handling guidelines and using equipment for the same.

Associated advantages and availability of improved products such as prime Transport Chairs (TC), temperature management systems, and patient transfer solutions, which offer safe, comfortable, and dignified transfer are the factors anticipated to provide lucrative growth to this sector in the near future.

Increasing incidences of Non-communicable Diseases (NCD), such as diabetes, asthma, cancer, stroke, etc., requiring patient handling equipment in homecare settings, hospitals, and intensive care units are further expected to boost market growth over the forecast period.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/patient-handling-equipment-market

Further key findings from the study suggest:

• The mechanical and nonmechanical equipment segment is expected to grow at a lucrative CAGR of above 12.0% owing to high penetration of hospital furniture, stretchers, evacuation equipment, ambulatory aids, and accessories in healthcare settings
• On the other hand, medical beds held lucrative share in this industry in 2015, due to high adoption rate by hospitals and long-term acute care centers. Moreover, introduction of technologically enhanced products and comfort offered by them are the factors attributing to its dominant share
• Critical care segment is anticipated to grow lucratively during the forecast period, due to rising treatment rates and adoption of equipment to curb increasing prevalence of critical conditions and reduction in mishaps that occur during patient handling. Moreover, the critical care nursing and intensive care units requiring stable and safe handling practices for cardiothoracic, coronary, trauma, and surgical units supporting patients’ health are expected to widen the consumer base for these devices
• Home care setting is anticipated to grow lucratively as a consequence of increasing patient preference to reduce hospital stay and cost for the treatment. In addition, the increasing preference of home care facilities by elderly patients’ are expected to intensify demand for patient handling equipment over the forecast period. Moreover, increasing applications of long-term care programs, home health agency, and homecare services are expected to propel market growth during the forecast period
• Some key players in this market include Stryker Corporation; Hill-Rom Holdings, Inc.; Invacare Corporation; Getinge Group; Guldmann, Inc.; Stiegelmeyer, Inc.; Benmor Medical Ltd.: Sidhil Ltd.; ArjoHuntleigh, Inc.; Etac Ltd.; Joerns Healthcare; Handicare, Inc.; Mangar International Ltd.; Linet Americas, Inc; and Prism Medical Ltd.
• These players are adopting strategies such as technological innovation, new product launch, and strategic collaborations, including mergers and acquisitions to capitalize their industry share. For instance, in March 2016, Prism Medical Ltd. acquired lifts and elevating business of Shoppers Home Health Care in a probe to expand its business capabilities and strengthen its services portfolio. Similarly, in November 2014, Stiegelmeyer, Inc. introduced new technology “e-help,” an intelligent sensor technology for homecare and in-patient services enabling deeper market penetration.

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Rapid Increase in Patient Portal Market - Key Factors, Market Segments Regions and Industry Forecasts Analysis to 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. 

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/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, 11 regions 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. 

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

Key factors that drive and impede the growth of World Pacemaker Market

The global pacemaker market is expected to reach USD 12.3 billion by 2025, according to a new report by Grand View Research, Inc. The heightening prevalence of cardiac conditions coupled with the availability of medical coverage is a key driving factor governing the growth of Pacemaker globally. In addition, technological enhancements in these devices are supporting the expansion of this vertical.

Increasing prevalence of Cardiovascular Diseases (CVDs) is a high-impact growth rendering driver for this market. A death estimate of 17.5 million stemming from CVDs was reported by the World Health Organization in 2012. Currently, the high occurrence of CVDs is one of the key concern areas, to address which, government organizations and market participants are channelizing funds and efforts to offer the best possible cure. This is anticipated to foster R&D initiatives and increase the influx of advanced products in this space.

Additionally, increasing awareness about cardiovascular disorders and their long-term impact is increasing the preference of patients for advanced treatment options. This is expected to bolster the usage rate of these products.

On the other hand, these devices are cost prohibitive with the cost of pacemaker ranging from USD 10,000 to USD 30,000. The high price is likely to restrain the growth of the pacemaker market.

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http://www.grandviewresearch.com/industry-analysis/pacemaker-market

Further key findings from the study suggest: 

• Implantable pacemakers held a lucrative share in 2015 and are also likely to grow at a profitable rate over the forecast period
• North America owing to its planned healthcare network, greater per capita income, and increasing awareness levels about the adverse effects of a prolonged cardiac condition helped this regional segment retain a sturdy share in the global pacemaker market
• Economic development in countries, such as India and China, unmet needs of the huge population chunk, and supportive initiatives undertaken by the government to improve healthcare access is projected to present avenues for investment, thereby boosting the growth of the Asia Pacific region
• Some of the key players operating in this space are Medtronic, BIOTRONIK, Inc., Boston Scientific Corporation, St. Jude Medical, ZOLL Medical Corporation, MEDICO S.p.A., Vitatron, Pacetronix, and Cordis, Inc.

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

Premium Insights on Building Thermal Insulation Market 2025 with Regional Analysis and Key Industry Trends

The global building thermal insulation market is anticipated to reach USD 36.9 billion by 2025, according to a new report by Grand View Research, Inc. The demand for energy is on a rise in the developed as well as developing countries and so is the price of energy.

Insulating homes help in curbing up to 20% of the regular energy costs as it considerably reduces the cooling and warming prices during summers and winters. All these factors have propelled the demand for thermal insulation market in residential as well as commercial buildings. Re-insulation of old houses provides a lucrative opportunity.

Europe is expected to account for the largest demand owing favorable government regulations. Asia Pacific is anticipated to emerge as the fastest growing region, and China is likely to account for a major share of the market. Other countries in this region such as the Philippines, Indonesia are expected to witness rapid growth in upcoming years.

The market is mature and owing to large numbers of players it is considered to be price sensitive. Implementation of stringent regulation poses a major challenge to most of the market participants but this, in turn, is likely to result in high industry rivalry.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/building-thermal-insulation-market

Further Key Findings from the Study Suggest:

• Asia Pacific is expected to gain 1.0% market share by 2025 and is anticipated to grow at highest estimated CAGR of 4.2% during the forecast period
• Asia Pacific is characterized by high insulation demand in residential and commercial buildings
• Europe building thermal insulation is expected to grow at an estimated CAGR of 3.5% from 2016 to 2025
• EU initiatives to promote thermal insulation as a means of energy conservation strategy are expected to support the market growth in Europe
• Residential construction emerged as the largest segment with 50% of the total market demand in 2015
• Expanded polystyrene (EPS) is projected to grow at the highest CAGR on account of its exceptional thermal insulation property
• Expanded polystyrene (EPS) accounted for 29.6% of market share by volume in 2015
• Influential companies operating in this market include Dow Building Solutions, Owens Corning Corp., Johns Manville Corporation, Huntsman International LLC, CertainTeed Corporation, Kingspan Group PLC, BASF Polyurethanes, Saint-Gobain S.A., etc.

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Key factors that drive and impede the growth of World Protein Labeling Market

Global protein labeling market is anticipated to reach USD 2,602.0 million by 2024, according to a new report by Grand View Research, Inc.Growing adoption of bioengineering technologies and rise in spending on R&D leading to a reduction in process complexity for protein labeling is expected to drive market growth. 

Anticipated launch & commercialization of novel products and ongoing improvement in techniques used for proteomic research is expected to further reinforce growth in demand. Improvements in accuracy, resolution and procedures used in techniques such as fluorescence & biorthogonal tagging are estimated to grow over the forecast period. 

Ongoing development of genetic sequencing methodologies and consequent reduction in the cost of genome profiling is likely to drive demand for the next step of genetic analysis, i.e., protein expression analysis. Growth in a number of such protein profiling studies is expected to directly fuel demand for genomic and proteomic labeling techniques through to 2024. 

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/protein-labeling-market

Further key findings from the report suggest:

• The reagents used for protein labeling accounted for the largest share of revenue in 2015. The larger share can be accounted for by the presence of high demand for labeling of peptides, antibodies and proteins at reaction locations of functional amino acids, and development of novel reagents that have chemo selective capabilities & amino acid cross linking abilities. 
• Application of protein labeling in immunological techniques was observed to be responsible for generation of the largest share of revenue in 2015. Addition of nanoparticle-based tagging owing to ongoing R&D in emerged with the advent of nanoparticles and nanotechnology. Furthermore, aptamers-mediated nanoparticle-based peptide labeling method is gaining rapid acceptance for use in intracellular imaging and dynamic process tracking. 
• Dye-based or fluorescence-based protein labeling have been observed to demonstrate high market adoption owing to associated usage in assays like ELISA, western blotting. Ongoing increase in the number of genetics-based R&D projects is also expected to boost market demand. 
• On the basis of the experimental design, the market can be broadly categorized as in-vitro and in-vivo methodologies. A more minute analysis reveals that a further segment wise classification is also possible. Key segments from the sub-categorization are enzymatic &photo reactive tagging for the segments respectively. As enzymatic marking provides more flexibility of and has application in identification for a number of peptide profiling requirements, the segment is expected to witness lucrative growth over the forecast period.
• North America accounted for over 45%of total revenue generated for 2015 owing to the presence of a very large installed base of genetic and proteomic profiling platforms across the U.S. High market usage of peptide identification techniques to be used in sequencing and expression analysis projects in a number of academic and clinical research institutes is another key factor responsible for the region’s large share. 
• Key players operating in this industry include Thermo Fisher Scientific Inc., General Electric Healthcare Life Science, PerkinElmer Inc, Merck Millipore, Promega Corporation, LI-COR Inc., F. Hoffmann-La Roche AG, New England Biolabs, Eurogentec S.A., Kirkegaard & Perry Laboratories (KPL). 

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

Premium Insights on Embedded Non-Volatile Memory Market 2022 with Regional Analysis and Key Industry Trends

The global embedded non-volatile memory market is expected to reach USD 471.5 Million by 2022, according to a new study by Grand View Research, Inc. The emergence of memory technology such as RRAM and revamp in the FRAM architecture are expected to drive market growth over the forecast period. Surge in demand for Internet of Thing (IoT) applications in order to build smart devices is also expected to catapult the industry demand over the next seven years.

Demand for automation across several end-use industries including industrial, automotive, and consumer electronics might provide avenues for industry growth. Rapid industrialization in developing regions is also expected to drive product demand over the forecast period.

Development of devices integrating wireless communication technologies such as Near Field Communication (NFC), Bluetooth, and ZigBee require miniature components owing to consumer demand for compact devices. Migration from conventional to embedded-NVM owing to low-power consumption and high efficiency offered by these memory devices is expected to impel industry demand over the forecast period. This is also anticipated to be a key growth opportunity for industry participants.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/embedded-non-volatile-memory-envm-market

Further key findings from the study suggest:

• In 2014, eFlash dominated the market in terms of revenue with over 33% of the market share in the same year. The segment is anticipated to witness considerable growth over the next seven years owing to upsurge in electric car adoption. Further, the product offers high performance, and is primarily used to store data as well as code. Rise in adoption of smart technologies across the automobile sector is anticipated to positively impact product demand over the next seven years. eE2PROM is also expected witness a growth a CAGR exceeding 15% from 2015 to 2022, which might be primarily attributed to increased adoption of devices offering enhanced data security.
• FRAM uses hybrid memory technology, and combines the functionality of SRAM as well as flash. Growing adoption of EEPROM memory against FRAM, primarily in IoT-based MCUs are expected to elevate product demand over the next seven years. FRAM’s implementation on the basis of CMOS architecture has resulted in elimination of density issues, and is anticipated to provide avenues for market growth.
• RRAM is also a hybrid memory technology capable of storing huge data amount on a single chip, using 3D-stacking technology to save space. In addition to the efficient storing features, RRAM has compact structure, and is preferred as a viable option for application in consumer electronics.
• Asia Pacific is expected to dominate the eNVM industry owing to the presence of several key foundries as well as smart devices manufacturers in the region. The regional demand accounted for over 30% of the market revenue in 2014. Industrialization in developing countries such as India and China is expected to contribute towards the regional market growth over the forecast period.
• Prominent industry participants include United Microelectronics Corporation (UMC), Microchip Technology Inc., HHGrace, Kilopass, eMemoryTechnology Inc., and Semiconductor Manufacturing International Corporation (SMIC)

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Future Business Opportunities in Digital Asset Management Market

The global digital asset management market is expected to reach USD 5.60 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to witness a healthy growth, ascribed to the increasing preference by organizations for rich media content for promoting brands and products. Further, the rising adoption of portable devices in enterprises has increased security requirements, thereby increasing the demand for digital asset management solutions.

The market is also anticipated to be driven by the growing demand for digital marketing applications and solutions among enterprises for different purposes, such as asset analytics and lifecycle & rights management. Other significant factors driving the market growth are the increasing demand for integrated solutions and the rising usage of SaaS-based solutions.

The advantages of digital asset management solutions over conventional alternatives are expected to offer growth opportunities over the coming years. This includes migration from traditional marketing to real-time consumer-driven digital marketing strategies. Several organizations are adopting these solutions as they provide affordable solutions to share, manage, store, and retrieve data.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/digital-asset-management-market

Further key findings from the report suggest:

• The marketing segment accounted for the largest revenue share in 2015 and is expected to witness growth at a CAGR exceeding 12% over the forecast period, owing to the rising need for a collaborative digital workflow.
• Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 15% over the forecast period on account of increasing adoption of cloud technology and digitization among large enterprises and SMEs to improve employee productivity.
• Digital asset management services are used for ensuring the smooth functioning of solutions installed by organizations thereby leading to the service segment growth over the forecast period.
• Many vendors are moving from on-premise to cloud-based solutions that offer mobile accessibility and drag-and-drop functionality owing to which the segment is expected to witness high growth over the forecast period.
• SMEs account for the biggest target audience of DAM players currently, which are encouraging operating companies in customizing their solutions and meeting the specific demands of small players.
• The media & entertainment segment large depends on the smooth functioning and easy installation of DAM solutions, which helps save, manage, and recollect large volumes of digital data.
• The key purveyors comprise ADAM Software NV, Adobe Systems Incorporated, Celum, Cognizant Technology Solutions Corp., EMC Corporation, IBM Corporation, North Plains Systems, OpenText Corporation, Oracle Corporation, WebDAM, and Widen Enterprises. The companies emphasize on adopting the best practices for developing solutions to achieve a competitive advantage.

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Factor affecting the Growth of Polyvinyl Butyral (PVB) Market in Future

The global polyvinyl butyral (PVB) market is expected to reach USD 4.06 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the product as they provide superior resistance to weather & moisture, attractive colors, optical clarity, strong binding, excellent adhesion, flexibility and toughness will fuel industry growth over the next eight years.

Rising government spending on solar power and construction infrastructure along with the growing population will augment industry expansion. Growing consumption of PVB films & sheets in thin film solar modules on account of its low cost and environment-friendly properties will drive market size over the next eight years.

Paints & coatings application segment is expected to witness substantial revenue gains at a CAGR of 6.3% from 2016 to 2024. The product acts as a protector and corrosion preventer for various metals including steel, iron, zinc and aluminum. Moreover, properties including superior adhesion and resistance to UV radiation will induce the demand for the product over the forecast period.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/polyvinyl-butyral-pvb-market

Further key findings from the report suggest:

• The global PVB market size was 369.8 kilo tons in 2015 and is expected to show high gains in light of rapid infrastructural development in China, India, Mexico, Saudi Arabia, Brazil, Singapore, Thailand, Indonesia and the U.S.
• PVB adhesives will witness considerable volume gains at a CAGR of 5.7% from 2016 to 2024. Growing usage of these adhesives owing to their superior strength, adhesion and binding properties in various environmental conditions is expected to stimulate industry growth. Furthermore, rising usage in the paper, packaging, automotive, construction, assembly, manufacturing, woodwork and consumer products will fuel industry growth over the forecast period.
• North America accounted for 23.4% of the overall volume share in 2015 and is expected to witness gains in light of rising construction activities in the U.S. coupled with growing automobile manufacturing in Mexico.
• Latin America will show significant revenue increase at a CAGR of 7.4% from 2016 to 2024 owing to rapid economic growth along with increasing vehicle production in Brazil. Increasing government efforts to promote solar energy generation will stimulate product demand over the forecast period.
• PVB industry is dominated by major participants including include Eastman Chemical Company, DuPont, Chang Chun Petrochemical, Sekisui Chemicals and Kuraray. Companies are expanding their production capacities to cater to the growing global demand for the resin. For instance, in June 2016, Kuraray Co., Limited announced plans to construct a manufacturing facility for polyvinyl butyral films at its South Korean plant.

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High growth potential in Population Health Management offers opportunities for the market leaders globally

The population health management (PHM) market was valued at USD 20.7 billion in 2015 and is anticipated to reach a value of USD 89.5 billion by 2025, according to a new report by Grand View Research, Inc. Global healthcare costs are rising constantly, which is inevitable with the increase in chronic diseases and geriatric population. It is a major concern and the best option available to reduce expenses and contain high-cost medical care. To achieve this, providers need patient-centric data in order to trace patients who are at risk of poor health outcomes. In technical terms, this is known as a change from fee-for-service (FFS) to a value-based payment (VBP) model, which is expected to be the leading market driver for population health management. Major market drivers are increasing efforts to contain rising healthcare costs, rising demand for solutions supporting value-based care delivery, and increasing demand for effective disease management.

Providers accounted for the maximum share in the year 2015. Factors contributing to the growth of medical provider segment are population health management enabling better disease management, reduced inpatient stays, and decrease in overall observation hours, which enable providers to implement best possible care, although employer groups segment is expected to be the fastest growing segment from 2016 to 2025.

North America accounted for the largest share in 2015. The region has a very advanced technological landscape and the largest healthcare system all over the world. The demand for PHM is high in the region due to the fact that major population health management software and service providers are U.S. based. In addition, the U.S. healthcare spending is the largest in the world, which is an increasing concern. Measuring population health outcomes is expected to enable them implement best practices as well as contain costs.

To request a sample copy or view summary of this report: 

http://www.grandviewresearch.com/industry-analysis/population-health-management-phm-market

Further Key Findings from the Study Suggest:

• North America reported highest revenue growth in the PHM market. The increasing pressure by the government on healthcare providers since implementation of Obamacare in 2010, to contain high healthcare costs, is one of the leading factors propelling the demand and requirement for population health management practice.
• The software market is expected to account for the largest market share in the year 2015. The growth of the software segment can be owed to the fact that it enables the establishment of a more customized system that can be tailor made to fit individual business requirements.
• Healthcare providers accounted for the largest market share in 2015, although the employer groups are expected to experience fastest growth in the forecast period. Employers are focusing toward conservative utilization of resources to lower costs as well as ensuring that employees maintain good health.
• Some of the key players in this industry Allscripts, Inc.; Cerner Corporation; Conifer Health Solutions, LLC; eClinicalWorks; Enli Health Intelligence; McKesson; Medecision; Optum; and WellCentive, Inc.

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intracranial pressure monitoring devices market is expected to reach USD 1.9 billion 2025

The global intracranial pressure monitoring devices market is expected to reach USD 1.9 billion 2025, according to a new report by Grand View Research, Inc. Increasing neurological disorders and growing awareness regarding various treatment options available is spurring the growth of these devices on a global level. In addition, constant rise in patient numbers suffering from severe brain diseases that lead to high intracranial pressure is expected drive the growth of the market during the forecast period.

Mainly, high disease prevalence and increased research funding together are expected to positively affect the growth of the ICP monitoring devices market. However, high cost of the devices and lack of skilled professionals in the developing regions are some of the prime factors hindering growth of the market.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/intracranial-pressure-icp-monitoring-devices-market

Further Key Findings from the Study Suggest:

• The market study suggests that invasive technique dominated the overall market in 2015 due to accurate and continuous measurements of intracranial pressure with intermittent drainage (hourly), unless clinically indicated
• Among the invasive techniques, External Ventricular Drainage (EVD) occupied the largest share as it is considered as the gold standard for monitoring of intracranial pressure.
• EVD also enables drainage of cerebrospinal fluid and administration of medicine intrathecally, which is positively impacting the growth of this segment
• North America dominated the vertical with the largest revenue share in 2015. Presence of a large target population suffering from traumatic brain injury and high adoption rate of advanced treatment options are some of the factors driving the growth of the intracranial pressure monitoring devices in North America.
• Asia Pacific is anticipated to show significant growth during the forecast period. Growth of the region is primarily attributable to increasing government initiatives, growing awareness regarding neurological disorders, and the availability of diagnostic procedures for their treatment.
• Some of the top companies operating in this market are Medtronic plc; Codman & Shurtleff, Inc.; RAUMEDIC AG; Vittamed; Sophysa Ltd.; Orsan Medical Technologies; Integra LifeSciences Holdings Corporation; and Spiegelberg GmbH & Co. KG.

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Key Factors that Drive and Impede the Growth of World Ballistic Protective Equipment Market

The global ballistic protective equipment market is anticipated to reach USD 5.75 billion by 2025, according to a new report by Grand View Research, Inc. Increasing tensions between nations and across borders have heightened the demand for ballistic protection products like headgear, bulletproof vests, shields, armored car, eyewear, and missiles among different end-users.

Technological proliferation is pivotal in the industry, and the market is witnessing a high demand for innovative gears such as DEFCON, liquid body armor, and dragon skin. Furthermore, the escalating need for ensuring the safety of soldiers and military personnel is leading to a large-scale procurement of armor wear by government agencies.

A rise in military conflict is increasing the need for protective gear for safeguarding the armed forces mainly in the emerging economies such as China and India. These military super powers are continuously focusing on the replacement of the legacy military product and also consequently rising their spending in the defense sector. Such modernization activities are creating tremendous opportunities for expansion of ballistic protective equipment market.

Ultra-high molecular weight polyethylene (UHMWPE) products are anticipated to witness the fastest growth over the forecast period at a CAGR of 4.6% over the next nine years. Several government initiatives are encouraging the usage of such lightweight and durable materials for developing ballistic suits, which are anticipated to increase the UHMWPE material demand over the forecast period.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/ballistic-protective-equipment-market

Further key findings from the report suggest:

• Head protection gear is anticipated to emerge as the fastest growing end-use and is expected to reach USD 1,449 million by 2025
• North America emerged as the leading regional segment and accounted for 38.1% of the total revenue share in 2015
• Europe was the second major consumer globally. Russia, France, UK, Italy, and Germany were key demand centers primarily due to a significant chunk of defense spending centered towards advanced military protective gears. Russia dominated the regional demand accounting for over 22% of the revenue generated in Europe in 2015
• China demand for aramid fiber-based armor wear was valued at USD 42.7 million in 2015 and is estimated to grow at a CAGR of 6.2% from 2016 to 2025 to reach a net worth exceeding USD 77 million by 2025
• Major players operating in the global ballistic protective equipment market include MKU, 3M Company, BAE Systems Plc, EnGarde, PSP, Inc., and Tencate

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Global Fundus Camera Market is Growing At a Rapid Pace - Market Analysis and Forecast to 2024

The global fundus camera market is expected to reach a value of USD 625.1 million by 2024, based on a new report by Grand View Research, Inc. Rising geriatric population and growing occurrences of chronic disorders such as diabetes and hypertension further increase the incidence of retinal disorders.

For instance, according to the WHO 2016 report, globally, there were about 422 million diabetic patients (8.5% of total population) in 2014, as compared to 108 million in 1980. Furthermore, it also states that there is a decline in blindness caused by infections such as trachoma and onchocerciasis, and an increasing trend of non-communicable causes of blindness such as Age-related Macular Degeneration (AMD), glaucoma, and Diabetic Retinopathy (DR). Availability of advanced fundus devices such as portable and hybrid cameras at affordable rates is expected to boost the fundus camera industry during the forecast period.

In addition, supportive government regulations for medical devices are anticipated to drive the market over the coming years. For instance, regulatory agencies in the U.S. and Japan require the fundus imaging cameras to be replaced once in every 4 years. Hence, the demand of fundus cameras is consistent in these regions.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/fundus-cameras-market

Further Key Findings From the Study Suggest:

• Non-mydriatic fundus cameras segment dominated the market in 2015 due to an increased demand, as it enables the practitioner to view the retinal anatomy in detail and provides enhanced diagnosis and management of eye diseases.
• Non-mydriatic and mydriatic camera can be further sub-segmented into tabletop and handheld cameras. Tabletop cameras segment dominated in 2015 because of the availability of a higher number of commercialized products and ability to produce a better image quality than handheld products.
• By end use, ophthalmic & optometrist offices accounted for the largest share of the market in 2015 due to the availability of well-equipped offices in North America and Europe, and preference of patients for primary eye care.
• North America dominated the market in 2015 and is expected to maintain its position during the forecast period, due to the local presence of major players and increased awareness about eye disorders.
• Asia Pacific is anticipated to be the fastest growing segment during the forecast period due to rising healthcare expenditure and increasing cases of retinal detachment, DR, and AMD.
• Some of the players operating in this industry are Carl Zeiss Meditec, Inc.; Kowa Company, Ltd.; NIDEK Co., Ltd., Topcon Medical Systems, Inc.; Canon, Inc.; Clarity Medical Systems, Inc.; Optomed Oy (Ltd.); and Optovue, Inc.

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Premium Insights on Oil Free Air Compressors Market 2025 with Regional Analysis and Key Industry Trends

The global oil free air compressors market is expected to reach USD 15.2 billion by 2025, according to a new report by Grand View Research, Inc. Air compressors are heavily used in manufacturing applications, for instance, oil-free air is directly used in various locations as a power source for manufacturing machines. A strong demand from the food & beverage sector, owing to the mandatory health & safety requirements, is expected to drive the oil free air compressors market growth over the forecast period.

Industries such as manufacturing are espousing economical manufacturing methods so as to drive profitability. The surging demand for these systems from operative energy dissemination solicitations due to cost optimizing features is predicted to fuel the industry growth. Factors such as lower installation and maintenance cost are expected to positively elevate the industry growth.

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http://www.grandviewresearch.com/industry-analysis/oil-free-air-compressors-market

Further key findings from the report suggest:

• On account of benefits including light-weight and durability the portable oil free air compressors emerged as a dominant segment in 2015, a trend anticipated to continue towards the end of the forecast period.
• Centrifugal oil free air compressors segment is expected to witness rapid growth from 2016 to 2025, which is primarily ascribed to their ability to reduce carbon footprint ensuring clean and reliable air supply.
• The manufacturing sector captured the largest share in 2015; however, home appliances followed by oil & gas segment are anticipated to witness fastest growth owing to the criticality of these products, wherein even a droplet of oil result into the production equipment spoilage.
• Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 4.0% over the forecast period, mainly on account of rapid industrialization and expanding manufacturing sector.
• The market is fragmented in nature and the key purveyors comprise Atlas Copco, Ingersoll Rand, Gardner Denver, General Electric and Bauer Group among others, wherein mergers & acquisitions along with technologically advanced product development remain to be the key strategies adopted to gain competitive advantage.

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Business Prospects and Future Scope of Stretch and Shrink Film Industry

The global stretch and shrink film market is expected to reach USD 18.46 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for the light-weight material for industrial packaging is expected to drive growth for the product over the forecast period. The demand is expected to be driven by superior packaging properties such as improved printability, easier application and robust package sealing capabilities of the films.

The introduction of superior shrink and stretch film materials such as linear low-density polyethylene (LLDPE), extended polyethylene (EPE) and High-Density Polyethylene (HDPE) is expected to further strengthen the pallet holding abilities of the films. In addition, the development of bio-degradable stretch and shrink films by the leading manufacturers in a bid to counter the challenges of film disposal is expected to drive the demand over the next eight years.

The low weight of the product results in a substantial decrease in the transportation cost thereby elevating the profit margins, resulting in the higher adoption of such packaging materials by the leading end-use industries.

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http://www.grandviewresearch.com/industry-analysis/stretch-and-shrink-films-market

Further key findings from the report suggest:

• LLDPE is expected to witness robust growth, growing at a CAGR of over 5% from 2016 to 2024. The demand for LLDPE was driven by superior pallet unitization characteristics of the LLDPE shrink films. The LLDPE resin based stretch films are expected to grow owing to the increased damage resistance during product transportation.
• Stretch and shrink film hoods are expected to register highest growth rate, growing at a CAGR of more than 5% from 2016 to 2024. The growth is expected to be driven by increasing demand for hoods in industrial packaging and consumer goods packaging. Also, ease of packaging achieved by stretch and shrink film hoods are is expected to drive the demand for the product over the forecast period.
• Sleeves and labels accounted for over 40% of the global shrink films market in 2015 and are expected to witness robust growth on account of rising demand for the product in the beverage industry. Also, easier product marketing and branding owing to the ease of application of the labels onto the bottle is expected to attract major beverage manufacturers towards the product segment.
• Food and beverages application accounted for 40% of the overall revenue driven by the increasing demand for high strength, low weight packaging materials. In addition, ease of packaging material sterilization is expected to drive the demand for stretch films for food packaging.
• The demand for the industry in Asia Pacific was valued at over USD 4 billion in 2015 owing to rapid growth of the application industries such as food & beverage and consumer goods. In addition, growing import and export activities by the developing economies such as India and China are expected to drive the demand for low weight packaging material for pallet unitization of industrial goods.
• Major industry players resort to mergers & acquisitions (M&A) as well as capacity expansions to cater to the growing demand. Furthermore, companies including Sigma Plastics Group and Berry Plastics Corporation have acquired companies to expand their market presence.

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Stevia Market Analysis, By Application and Segment Forecasts to 2024

The global stevia market is expected to reach USD 556.7 million by 2024, according to a new report by Grand View Research, Inc. Stevia is used in beverages, food, pharmaceuticals and tabletop sweeteners on account of its superior properties such as higher levels of sweetness without affecting blood pressure. This factor is projected to have a positive impact on the overall sugar sweetener market over the forecast period.

Increasing penetration of stevia in the beverage segment, especially in carbonated drinks, will be a crucial factor determining the growth of the industry over the forecast period. Major health concerns related to sugar consumption and the rising prices of sugar has also influenced consumers to look into various alternatives which have helped in promoting demand for the sweetener over the past few years.

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http://www.grandviewresearch.com/industry-analysis/stevia-market

Further key findings from the report suggest:

• The food sector is expected to remain a potential segment for growth owing to increasing application of stevia as a sweetening agent in chocolates, baked foods, biscuits, soft drinks, candies, soda and jams. It is expected to be the second largest segment in the global market accounting for 25.5% in terms of volume in 2015.
• The beverage segment is projected to witness the fastest volume growth at a CAGR of 5.8% from 2016 to 2024. Several soft drink manufacturers are introducing products containing stevia, for health conscious consumers and diabetic patients. Rising consumer awareness regarding the benefits of stevia on account of strategic marketing by manufacturers is expected to drive the growth of the market over the forecast period.
• Stevia is increasingly being used in herbal medicines and tonics for patients suffering from diabetes. The antibacterial and anti-fungal properties of stevia leaves is yet to realize its full potential and will remain a major factor in influencing growth over the next eight years.
• Asia Pacific is expected to foresee a volume growth at a CAGR of 5.7% from 2016 to 2024. This increase is attributed towards the growing demand from the food & beverage industry in the emerging markets including China and India. Furthermore, South Korea and Japan have a higher adoption rate of stevia-based compounds and have made a positive impact on the overall industry.
• Major stevia manufacturers include PureCircle Ltd, GLG Life Tech Corp, Stevia Corporation, Stevia First Corporation and Evolva Holding S.A. Some other key players include Cargill Inc, Ingredion Inc., and Tate & Lyle Plc. In July 2016, PureCircle Ltd. invested USD 100 million in developing the stevia agronomy program.

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Factor Affecting the Growth of Sugar Substitutes Market in Future

The global sugar substitutes market is expected to reach USD 19.10 billion by 2024, according to a new report by Grand View Research, Inc. Rising health conscious population coupled with increasing disposable income and growing consumption of low calorie and healthier food & beverages are the key driving forces propelling market growth.

The market is witnessing increasing incorporation of sugar substitutes into the health & personal care products which is expected to drive demand over the forecast period. Rising prevalence of health problems including obesity and diabetes along with fluctuating sugar prices hampering supply is anticipated to fuel sugar substitutes market growth.

Sugar substitutes are majorly used in the form of sorbitol, tagatose, and aspartame saccharine in health care, cosmetics, and food & beverage industry. Gaining importance of artificial sweeteners in the formulation of confectioneries, bakery, dairy, and frozen foods would have a strong impact on market growth over the next eight years.

Beverage manufacturers such as Coca-Cola Company have pursued their efforts on developing calorie-free substitutes, filed for patents to the FDA in relation with a herb called stevia, which is used to impart sweetening characteristics to food and drinks. These developments are expected to facilitate other market players to incorporate these activities into their R&D portfolio and would open new market avenues over the forecast period.

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http://www.grandviewresearch.com/industry-analysis/sugar-substitutes-market

Further key findings from the report suggest:

• Beverages segment accounted for over 40% of global volume in 2015. This segment is expected to grow on account of growing demand for high-intensity sweeteners in alcoholic beverages, especially from developed economies such as North America and Europe. Additionally, sugar substitutes are gaining popularity as an additive in carbonated soft drinks for taste enhancement and calorie reduction.
• Low-intensity sweeteners segment is expected to grow at a CAGR of over 5.0% from 2016 to 2024. Low-intensity sweeteners are an ideal substitute for sugar due to its superior functional properties. Growing demand from food & beverage industry will positively impact the growth of this segment in the near future.
• Among applications, beverages segment dominated the global sugar substitutes market. However, food segment is anticipated to witness highest CAGR from 2016 to 2024. This is attributed to growing awareness among health conscious population and shifting consumer preferences to low-caloric food products.
• North America market is expected to grow at a CAGR of 2.8% from 2016 to 2024. North America and Europe is expected to continue its dominance jointly in sugar substitutes market through continuing to invest in research and development activities and natural alternatives potential.
• Demand for sugar substitutes in Europe was valued at over USD 2 billion in 2015. Germany is one of the major countries accounting for over 50% of European sugar substitutes market. Germany is Europe's leading location for food & beverage industry and second biggest in terms of medical technology production and medical services provider across the globe.
• Leading market players including DuPont, Cargill, ADM, and Tate & Lyle are channelizing their efforts into the development of new products through significant R&D investments, utilizing advanced technologies to manufacture superior quality and cost-effective products. The key companies are also striving to raise awareness among consumers regarding the ambiguity with the sugar substitutes consumption, while strictly adhering to the international quality standards.

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Global Carotenoids Market is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

The global carotenoids market is expected to reach USD 1.74 billion by 2025, according to a new report by Grand View Research, Inc. The growing application in human food, animal feed, dietary supplements, medicines, and cosmetic application owing to the presence of essential nutrients and vitamins in carotenoids will drive growth over the upcoming years. Furthermore, the increasing demand for these applications on account of population growth, increasing consumer surplus, and health awareness will aid in the industry expansion.

The usage of these products in the pharmaceutical sector will witness substantial revenue growth at a CAGR of 4.3% from 2016 to 2025. These products act as antioxidants within the body and protect the body against chronic diseases, cellular damage, and the effects of aging.

Carotenoids aid in supporting eye, skin, cardiovascular health, and are being widely used for cancer prevention. Strong growth of pharmaceutical and cosmetic industry in emerging countries such as China, India, and South Korea will create growth opportunities for the market in the future.

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http://www.grandviewresearch.com/industry-analysis/carotenoids-market

Further key findings from the report suggest:

• Global carotenoids market demand was 1,150.4 tons in 2015 and is expected to grow significantly on account of increasing demand for human nutrition and skin care cosmetics in emerging countries such as China, India, South Korea, Brazil, Singapore, and Thailand
• Europe accounted for 42% of the global volume share in 2015 and is projected to foresee growth on account of rising usage of the product in functional and processed food products over the upcoming years.
• The rising demand for functional and processed food owing to busy lifestyles is expected to positively impact market growth. Moreover, the presence of major pharmaceutical companies such as GlaxoSmithKline, Pfizer, Sanofi, and Novo Nordisk will drive the demand over the forecast period.
• Natural sources are expected to witness substantial revenue growth at a CAGR of 6.1% from 2016 to 2025 owing to increasing consumer preference for natural products over synthetic products. Natural carotenoids are safe sources of vitamin A which are essential for growth, cellular reproduction, vision, and immunity, which in turn, will witness considerable growth.
• The industry is dominated by key participants including BASF SE, Allied Biotech, Kemin Industries, Brenntag, ExcelVite Sdn. Bhd., Cyanotech Corp., Chr. Hansen, D. D. Williamson, DSM Nutritional Products, Divis Laboratories, Naturex SA, and Lycored

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Microcontroller Socket market is expected to reach USD 1.46 billion by 2024

The global microcontroller socket market is expected to reach USD 1.46 billion by 2024, according to a new report by Grand View Research, Inc. The increasing development and growth of automation and re-automation in the emerging countries are expected to fuel the industry growth.

The growth of automation has led to miniaturization and digitization as well as facilitates dynamics in the field of technology. The increasing need of providing high performance with power efficiency has further led to the development of automation technology at a rapid pace. The increasing labor costs and the growing demand for higher quality have encouraged the industry participants to opt for automated equipment in the programming process.

Gradually reducing the package size in the microelectronics industry has also impacted the market growth in a positive manner. industry requirements, such as higher density, increased operating speed, and lower power, have driven packaging in the industry, which has further led to an enhanced demand within the market.

Furthermore, the demand for thinner, smaller, and lesser expensive device packaging has also encouraged manufacturers to control the programming cost. The increasing demand in automotive, consumer electronics, medical devices for more accurate data, and in military & defense for enhanced security has also encouraged the industry participants to further reduce the package size.

Intense competition in the market has led the industry participants to enhance the product quality and process technologies as per the market requirement. However, failure to develop new designs and delays in developing new products with advanced technology may adversely affect the manufacturer market.

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Further key findings from the report suggest:

• The microcontroller socket market is expected to boost over the forecast period owing to the increasing microcontroller applications in various segments
• The QFP socket is expected to grow at a CAGR of over 7% from 2016 to 2024, owing to the growing trend of automation and re-automation in the emerging countries
• The automotive segment is projected to dominate over the forecast period owing to the huge application of the socket in the manufacturing of automobiles, such as body electronics, for enhancing driver safety
• The major industry players in the microcontroller socket market include Texas Instruments, Aries Electronics, Mill-Max Manufacturing Corporation, and Samtec, Inc.

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wearable technology market is anticipated to reach $196.5 billion by 2022

The global wearable technology market is anticipated to reach USD 196.5 billion by 2022, according to a new study by Grand View Research, Inc. Research and development investment by large number of industry player is expected to fuel growth over the forecast period.

Increasing disposable income worldwide is expected to fuel industry growth over the forecast period. Technological advancement, price, quality, and battery life influence the buying decision of the end-users. The emergence of 3D printing solution and crowd funding is expected to positively impact the wearable technology market.

Increasing smartphone penetration worldwide is expected to propel industry growth over the forecast period, owing to increasing wearable device compatibility. Advancement in semiconductor electronics is expected to favor more efficient and effective products, thereby fuel revenue growth over the next seven years.

Various health and economic benefits are expected to contribute to overall industry development. For instance, advertisement agencies can bring down research cost through the use of eye-wear, which can allow enhanced data collection of customers’ feedbacks. Low battery life and high cost of some of the devices may hinder the industry growth over the forecast period. Data privacy concern may also adversely affect the industry demand.

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http://www.grandviewresearch.com/industry-analysis/wearable-technology-market

Further key findings from the study suggest:

• The global industry is innovation driven and continuously evolving. The products available in the market include wrist-wear, neck-wear, body-wear, eye-wear and foot-wear. Companies such as Nike, Garmin, GOQii are offering wrist-wear for fitness and sport and healthcare application.
• Applications include healthcare, fitness and wellness, infotainment, enterprise and industrial, and defense. Increasing concern about fitness and health among urban population is anticipated to drive demand over the forecast period. Advancement in virtual reality technology is expected to favor the infotainment segment over the next seven years. Government initiative to enhance their defense capability and provide soldiers with advanced technology is anticipated to drive investment in this sector.
• North America wearable technology market is estimated to be the key regional segment and is anticipated to grow at a CAGR of around 32% over the next seven years. Increasing in awareness about the benefit of this technology will drive demand in Asia Pacific over the forecast period. Asia Pacific is expected to be key component manufacturing hub over the forecast period owing to availability of cheap resources. The region was valued over USD 3 billion in 2014, and is expected to grow at a CAGR of over 36% from 2015 to 2022.
• Companies operating in the industry include Apple Inc., Adidas AG, Garmin, Fitbit, Nike, Inc., Google Inc., Jawbone, Sony Corp, Samsung Electronics Co. Ltd., and Xiaomi. In March 2014, Google Inc. launched Android operating system for wearable technology. CuteCircuit Technologies is a company that designs and develops wearable garments for both men and women.

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World Wind Power Market to Witness Boost in Demand from Renewable Energy

Global wind power market is expected to reach 760.35 GW by 2020 on account of increasing regulatory support from government’s particularly in Europe in order to reduce carbon emissions. Furthermore, financial incentives and tax benefits in countries such as U.K., Italy, Brazil, Spain, U.S. and China have fuelled growth leading to a significant market share in overall electricity generation.

Industrial applications accounted for more than 40% of the total market in 2014 and hence dominated the global market. In addition, industrial application is expected to witness fastest growth, growing at over 13% CAGR from 2015 to 2022.

Rising energy needs in countries such as China, Brazil and India, owing to rapid industrialization is expected to have a positive impact on wind power generation industry. Wind power finds extensive use in various sectors including commercial heating/lighting applications and residential.

Europe had a cumulative installed capacity of 130.85 GW in 2014 and was the leading market for wind power. Europe’s framework legislation and its target to reduce carbon footprint by 2020 is expected to ensure continuous growth of the industry over the forecast period. Furthermore, large investment opportunities in countries including Ukraine and Russia are expected to have a positive impact on market growth. Growing demand from countries including Spain, France, U.K., Italy, and Germany is expected to drive market growth over the forecast period. However, market saturation is a major restraint for the region and is expected to hamper growth over the next six years. 

Asia Pacific is expected to witness fastest growth going forward till 2022. Rising government initiatives undertaken by government of India and China to develop wind power generation as means to increase their renewable energy portfolio is likely to propel demand. Asia Pacific accounted for more than 34% of total installed capacity in 2012. Middle East and Africa is projected to be the fastest growing regional market at a CAGR more than 43%. 

North America was the third largest wind power market in 2012. Regional market is expected to grow on account of extension of Production Tax Credit as a part of fiscal cliff package by the U.S. Congress. U.S added a large capacity for wind power generation in 201 and emerged as the largest source of new electricity generation by accounting for over 40% of capacity added. 

Global wind power market is highly fragmented. Some of the major players operating in the global wind power industry include Gamesa, Sinovel, GE Wind, Vestas, Mingyang, Enercon, Goldwind, Suzlon Group, United Power and Siemen

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Further Key findings from the study suggest:

• Europe emerged as the leading market for wind power with a cumulative installed capacity of 109.80 GW of the total market in 2012. Europe’s framework legislation and its target to reduce carbon footprints by 2020 are expected to ensure continuous growth of wind power market in the region
• Germany, UK, Italy, Spain and France represent some of the leading markets in Europe. However, huge investment opportunities exist in the Eastern European countries such as Russia, Ukraine etc.
• Owing to rapid strides taken by India and China to develop wind power generation, Asia Pacific is expected to overtake Europe to lead the global market by 2020. Asia Pacific accounted for 35.6% of the total installed capacity in 2012. Wind power accounted for a 2% of the total electricity produced in China up from 1.5% in 2011.
• North America emerged as the third largest wind power market in 2012. Extension of Production Tax Credit as a part of fiscal cliff package by the U.S. Congress is expected to be a key factor driving the regional market for wind power. The U.S. saw a record number of capacity addition in 2012 as wind power emerged as the largest source of new electricity generation by accounting more than 40% of new capacity added.
• Some of the key companies operating in the global wind power market include GE Wind, Vestas, Siemens Wind Power, Enercon, Suzlon Group, Gamesa, Goldwind, United Power, Sinovel and Mingyang.

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Wireless Gigabit used to improved internet connectivity and better speed

The global Wireless Gigabit Market size is expected to reach USD 7.42 billion by 2024, according to a new report by Grand View Research, Inc. The increasing requirement for improved internet connectivity and better speed is driving the high-speed Internet growth across the globe. Moreover, the high penetration of smartphones and use of multiple devices are contributing to the overall industry growth. Global consumers demand high-speed connectivity without wires fastening them to their devices. Due to its capability of providing multi-gigabit data transfer, the technology is widely used in applications right from video streaming to backing up files.

As consumers demand wireless videos and data continues to grow, 802.11ad in the 60GHz spectrum shall provide more enhanced network capacity that makes it a feasible extension for the congested 2.4GHz/5GHz Wi-Fi spectrum.

Companies serving verticals such as media and entertainment, online gaming, healthcare, hospitality, educational institutions, research environments, and financial services, among others require a big bandwidth and high-speed Ethernet options. Furthermore, businesses are increasingly deploying resources to the cloud, whether a public, private, or hybrid cloud environment. Maximizing the effectiveness of cloud computing depends on the sufficient broadband speed and reliability that is also cost-effective. Such factors are increasingly contributing toward the rapid industry growth.

However, the escalation in productivity from BYOD devices has put more pressure on wireless networks, making costs harder to control and the devices more complex to manage within an organization. Due to the growing transition toward virtualization and BYOD, business networks are struggling with increased complexity.

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http://www.grandviewresearch.com/industry-analysis/wireless-gigabit-wigig-market

Further key findings from the study suggest:

• The 802.11ac segment dominated the industry, which is anticipated to grow at a CAGR of nearly 30% over the forecast period. The exponential growth of virtualization, video, and mobility has led to an increase in the demand for bandwidth. Moreover, organizations require robust, adaptable, and easily positioned wireless LAN solutions as more of their workforces are accessing the network using intelligent mobile devices that run high bandwidth applications. These factors are leading to the rapid adoption of 802.11ac-enabled devices.
• The consumer electronics segment is anticipated to significantly dominate the industry over the forecast period with a CAGR of over 31%, owing to the increasing proliferation of consumer devices such as smart phones, tablets, and laptops. Owing to the rise in the adoption of these consumer devices, many business networks have experienced network congestion issues along with interference. This has led several network operators to move their dual-band services to operate using the 5GHz spectrum, thus driving the growth of the WiGig market.
• IT & telecom led the industry with a share of 29% in 2015. With the improvement in the telecom connectivity, companies are increasingly adopting applications such as BYOD throughout their operations. Moreover, the increase in the employee strength and the growing demand for worldwide coordination has, in turn, increased the demand for the high-speed Internet. This propels the IT & telecom organizations to use WiGig solutions across their businesses.
• Asia Pacific is projected to be a key regional segment with over 45% of the overall revenue share in 2015. The presence of a large number of WiGig manufacturers is the key factor for the dominating share accounted by the region. The presence of robust economies, such as India and China, is also expected to drive the regional growth. Moreover, the rising adoption of third-party platforms by enterprises, along with varied government initiatives, is projected to drive the need for smart network solutions.
• The key vendors in the WiGig market include Intel Corporation, Qualcomm, Broadcom Corporation, Panasonic Corporation, Marvell Technology Group Ltd., NEC Corporation, Cisco Systems, Inc., MediaTek, Nvidia Corporation, and Azurewave Technologies, Inc. Industry players are continuously investing in partnerships and new products to create opportunities for entering into new verticals and gaining a significant industry share.

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Wound Dressing Finds Application in Home Healthcare - Trends & Forecast By 2022

Global wound dressing market was valued at USD 9.16 billion in 2014 and is estimated to reach USD 12.9 billion with a lucrative CAGR of 4.4% from 2015 to 2022. Rising prevalence of conditions such as leg ulcers, venous stasis ulcers, pressure ulcers, and diabetic ulcers, that require lesion management, are anticipated to boost global wound dressing market over the forecast period. Additionally, the growing incidences of burns and lesion infection are also expected to demand advanced injury treatment products, such as wound dressing market in coming years. Wound dressing products, with capabilities of faster health recovery from various ulcers disorders, are preferred by patients and healthcare practitioners globally. 

Rising occurrences of sports injuries and increasing medical expenditure incurred by the regional government are also anticipated to boost demand for wound dressing products. The aging population is more susceptible towards diabetic ulcers, foot ulcers, and lesions. Growing geriatric population, rising health awareness, and increasing disposable income are encouraging the consumer to spend a considerable amount on medical facilities, thereby boosting market growth. Evolution of innovative technologies and their applications such as electrical stimulation, metal/alloy bandages, electromagnetic therapy and nanotechnology therapy are projected to drive the wound dressing market over the forecast period.  

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Advanced wound products segment includes antimicrobial, active and moist dressings that dominated the global wound dressing market with 56.1% revenue in 2014. This is attributed to cost-effectiveness, improved utility, and increasing usage of the products. Antimicrobial products segment, which encompasses silver and non-silver wound dressing products, is anticipated to exhibit significant growth owing to its associated benefits of wide availability, faster healing rate, and ease of usage. The moist dressing was the leading advanced product segment in 2014 due to its high absorbance capacity to keep lesions dry and clean.

North America was identified as the most lucrative wound dressing market and accounted for over 35.0% of the total revenue in 2014. Growing base of aging population with rising chronic lesions disorders, rising health awareness, and increasing preference for home healthcare services have boosted the market growth for the region and is expected to grow at a significant rate over the forecast period.

The Asia-Pacific wound dressing market is expected to exhibit a considerable growth in the coming years, owing to rising number of advanced healthcare infrastructure, high unmet needs for medical facilities, burgeoning population, rising awareness level and high purchasing power of the consumers. The government is also taking various initiatives to support healthcare market, thereby boosting wound dressing market in the region.

Major market participants include ColoPlast, Systagenix, 3M Healthcare, BSN Medical, Convatec, Medline Industries, Smith & Nephew, Derma Sciences, and Medtronic. Innovation in product development and M&A are some strategic initiatives adopted by players to have a competitive advantage over others. In November 2014, BSN Medical has acquired Sorbian, to broaden their product portfolio related to wound care industry.

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Yeast Ingredients Market Worth USD 2.38 Billion by 2020

Global Yeast Ingredients Market is expected to reach USD 2.38 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer preference towards nutritional food consumption is expected to augment yeast ingredients market demand in the next six years. Food and animal feed manufacturers inclination towards use of specialty yeast products in order to enhance flavor is expected to further fuel market growth.

Yeast ingredients were majorly used in food application and are expected to dominate the market at a CAGR of 7.7% from 2014 to 2020. Hectic lifestyle coupled with increasing stress levels of individuals has resulted in rising consumption of healthy, nutritional and processed foods that is expected to be a key driver for market growth. Animal feed is expected to follow food application growing at a CAGR of 7.6% from 2014 to 2020.

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Further key findings from the study suggest:

• Yeast extracts are increasingly being used in food application as a replacement for MSG owing to health benefits and non-toxicity property. It is also used in vegetarian preparations so as to impart enhanced flavor to foods. Furthermore, yeast extracts are EPA approved for use in plant disease management. The segment revenue was USD 455.5 million in 2013 and is expected to grow at a CAGR of 8.1% from 2014 to 2020.
• Europe was the largest regional market in 2013 accounting for over 35% of global revenue share and is expected to grow at a CAGR of 7.4% from 2014 to 2020. Growing dairy industry coupled with high animal feed demand in the region is a key factor responsible for yeast ingredients market growth.
• Asia Pacific is expected to witness fastest growth at a CAGR of 8.4% from 2014 to 2020 owing to growing end-use industries including food & beverage, animal husbandry and pharmaceuticals. Improving living standards of middle class population in emerging economies of India and China has resulted in increased consumption of healthy and nutritional foods thus augmenting yeast ingredients market growth over the forecast period.
• Yeast ingredients market is highly consolidated with a few participants including Angel Yeast, DSM, ABF Ingredients, Kerry Group, Lesaffre Group, Chr. Hansen and Lallemand dominating the global scenario. The market participants are engaged in new product development along with introduction of new formulations with enhanced properties for use in various applications.

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Cardiac Resynchronization Therapy Market is Anticipated to Reach $8.8 Billion By 2025

The global cardiac resynchronization therapy (CRT) market is expected to reach USD 8.8 billion by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of cardiac disorders and rising incidences of heart failure are expected to boost the CRT market growth over the forecast period.

According to statistics published by the Sudden Cardiac Arrest Foundation, about 6.0 million people within the U.S. region suffer from cardiac disorders, of which 0.8 million are affected by atrioventricular block leading to cardiac failure. Such a huge number leads to an increased cost of about USD 20-56 billion annually. CRT devices are being predominantly used to prevent the surgical cost and readmission rate in hospitals, thereby propelling its growth.

In addition, the on-going research to develop smaller, wireless/leadless and long-lasting CRT devices is expected to be a vital impact rendering driver. For instance, in September 2016, EBR Systems Inc., announced that it had attained the FDA Investigational Device Exemption (IDE) consent for their Wireless Stimulation Endocardially (WiSE) technology in the U.S.

This technology is capable of stimulating the left ventricle internally leading to superior performance in comparison to devices with pacing systems placed near the collar bone. The study is expected to be started by mid-2017 with complete support by the FDA in terms of regulatory compliance, and financial aid.

To request a sample copy or view summary of this report: 
http://www.grandviewresearch.com/industry-analysis/cardiac-resynchronization-therapy-devices-market

Further Key Findings From the Study Suggest:

• CRT-D products are expected to dominate over the forecast period. According to a paper published in the Journal of Cardiovascular Electrophysiology, more than half of the CRT product implants are done using CRT-D.
• Asia Pacific and Latin American region are expected to witness lucrative growth and contribute over 30.0% of the revenue in 2025. This has been attributed to the rapid expansion of industry players within these regions in terms of manufacturing as well as distribution.
• Competitive pricing and necessity for high operational optimization are expected to help companies strengthen their foothold in growing economies such as India, Mexico, and others.
• Additionally, countries such as Japan are also observed to register high adoption rate for quadripolar lead-based CRT-D devices. This is expected further boost market growth.
• Major market players of the industry are Medtronic Plc., BIOTRONIK, LivaNova Plc., St. Jude Medical, and Boston Scientific. However, a more assorted marketplace exists for vendors of leads (wireless and wired) that are used in the system.

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