Remote Patient Monitoring Devices Market Growth, Industry Trends To 2025

Global remote patient monitoring devices market is expected to reach USD 1.9 billion by 2025, according to a new report by Grand View Research Inc. Remote patient monitoring devices, due to their capability to monitor various chronic conditions such as diabetes, cardiovascular conditions and cancer are expected to witness substantial growth over the forecast period. Increasing incidences of cardiovascular diseases, rising geriatric population base and the growing demand for independent and healthy living by them are high impact rendering drivers for remote patient monitoring devices market.

Moreover, improving healthcare infrastructure, increasing post-acute care management and growing focus of key market players on emerging economies is also expected to fuel the growth of this market. Rapid technological advancement occurring in remote patient monitoring devices market is expected to lead towards availability of better option for healthcare practitioners and the patients, thereby promoting the growth of remote patient monitoring devices market.

Remote patient monitoring devices encompass a wide array of technologies designed to manage, evaluate, notify, intervene and modify the treatment plan as required.

The remote patient monitoring devices are most commonly used to slow the progression of chronic disorders and enhance recovery after getting discharged from an acute care unit. Remote patient monitoring technologies also alerts caregivers for prompt intervention through any vulnerable condition.

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Further key findings from the study suggest:

• Heart rate monitors are identified as the most lucrative sub-segment with a significant growth rate of over the forecast period owing to increasing incidences of cardiac related conditions globally.
• Heart rate monitor segment accounted for a significant market share in 2015. The rise in demand for home healthcare and independent living by geriatric population are high impact rendering drivers for remote patient monitoring devices market segment.
• Hospitals accounted for lucrative share in 2015. However, alternate sites for patient monitoring such as home healthcare and ambulatory care are anticipated to witness lucrative growth over the forecast period.
• North America accounted for more than 40.0% of the remote patient monitoring devices market in 2015 on account of the high demand for technologically advanced products. Presence of sophisticated healthcare infrastructure along with high awareness level of the patients regarding their health has led to the growth of overall remote patient monitoring devices market.
• Asia Pacific market is expected to have high growth potential for remote patient monitoring devices due to the presence of large unmet needs in the emerging economies such as China and India. Presence of suitable government initiatives to curb the deteriorating environmental conditions and enhancing healthcare infrastructure in Japan and Australia are also expected to attribute to the remote patient monitoring devices market’s attractiveness.
• Key players of remote patient monitoring devices market include Philips, Honeywell, American Telecare, Roche, Philips Healthcare, Bosch, Biotronik, Intel, Welch Allyn, Health any where Inc, Johnson & Johnson and Covidien Plc.

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High Growth Potential in Fertilizer Additives Market Offers Opportunities for the Market Leaders Globally.

The global fertilizer additives market is projected to reach USD 3.94 billion by 2024, according to a new report by Grand View Research, Inc. Growing fertilizer industry and shrinking arable land are projected to drive the market over the forecast period.

Additives are added to fertilizers in order to inhibit the loss of key nutrients such as nitrogen phosphorus, potassium, and sulfur, among others. The additives, which are available in both, solid and liquid forms, are used during storage and transportation of fertilizers.

Anti-caking was the most popular function of additives in 2015. Caking of fertilizers is one of the major problems faced by farmers, retailers and manufacturers, particularly during rains. Change in storage temperatures also results in caking. Additives are used to overcome these challenges.

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http://www.grandviewresearch.com/industry-analysis/fertilizer-additives-market

Further key findings from the report suggest:

• Urea dominated the end product segment in 2015 with a share of 55.6%. it is widely used globally, since it contains the highest amount of nitrogen among all fertilizers. Factors such as shrinking arable land have increased the importance of products such as urea and ammonium nitrate, which help in cultivation in a short span of time, in limited available land.
• Anti-caking dominated the function segment in 2015. This segment is projected to grow at the highest CAGR of 3.7 over the forecast period. Additives are used to avoid the formation of lumps in fertilizers, enabling safe storage and transportation.
• Asia Pacific led the global market with a share of 58.8% in 2015. This region is home to some of the emerging countries such as China and India. The market in India, where, agriculture is the primary occupation, is projected to drive the market from 2016 to 2024.
• The weather in this part of the world gets hot and humid during summer, which can lead to caking and loss of essential nutrients in fertilizers. Thus, additives are expected to play an important role in maintaining the quality of fertilizers in this region.
• Clariant, KAO Corporation, Novochem Group, and ChemSol, LLC are some of the key manufacturers of additives. Other players include Filtra Catalysts & Chemicals Ltd., Solvay, Arrmaz, Chemipol, Forbon Technology, Michelman, Tolsa Group, and Amit Trading Ltd.
• The companies adopted various development strategies such as new product developments, expansions, mergers & acquisitions, and agreements, partnerships, & joint ventures to establish themselves as market leaders and expand their global reach.

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Peracetic Acid Market is Expected to Reach $1.22 Billion by 2025

The global peracetic acid market is expected to reach USD 1.22 billion by 2025, according to a new report by Grand View Research, Inc. The effectiveness of peracetic acid as a biocide and versatility of its usage are expected to drive the industry growth.

Peracetic acid is a colorless liquid having strong oxidizing properties. Food & beverages industry faces various issues due to microbial contamination. It is effective in curbing this activity thus finding widespread applications in the industry. Food & beverage industry has witnessed a positive growth in the recent past, and this trend is expected to continue over the forecast period thus benefitting the market demand.

Peracetic acid, unlike chlorine and sodium hypochlorite, does not degrade into environmentally harmful by-products. Also, it possesses more oxidizing potential than other disinfectants. Growing awareness regarding ill effects of chlorine in water treatment has also prompted the use of peracetic acid.

Various government agencies have approved peracetic acid for direct contact usage in food & beverages applications. Also, environmental regulations are also expected to favor the market growth. Companies have been focusing more on high growth markets such as Asia Pacific to establish manufacturing units in the region to increase their presence.

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http://www.grandviewresearch.com/industry-analysis/peracetic-acid-market

Further key findings from the report suggest:

• The global peracetic acid market demand exceeded 200 kilo tons in 2015 and is expected to surpass 400 kilo tons by 2025, growing at a CAGR of 7.6% over the forecast period
• Water treatment is expected to witness the highest growth over the forecast period. Broad spectrum usage, effectiveness and compatibility with existing water treatment infrastructure are the primarily attributed reasons for this scenario.
• Peracetic acid products suiting specific applications have been developed. This increases the effectiveness of the product used in the particular application.
• Food & beverages application was the leading application segment and accounted for over 30% of total market volume in 2015. It does not leave any harmful residue on the food. It is effective in containing microbial activity and hence is widely used in the processing of products such as fresh vegetables, fruit and meat.
• Europe was the leading consumer and accounted for 38.9% of total market volume in 2015. Asia Pacific is expected to witness the highest growth of 8.3% over the forecast period.
• Occupational exposure to peracetic acid is a cause of concern for manufacturers. However, companies are ensuring strict adherence to guidelines such as Globally Harmonized System of Classification and Labeling of Chemicals (GHS)
• Key industry participants include Solvay S.A., PeroxyChem, Evonik Industries and Airedale Chemical Company.Companies have been trying to gain market share by developing innovative product portfolio.

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Business Prospects and Future Scope of Wearable Medical Device Market in Healthcare Industry

Global Wearable Medical Device Market is expected to reach USD 27.8 billion by 2022, according to a new report by Grand View Research, Inc. Rising prevalence of conditions such as obesity and hypertension, as a result of sedentary lifestyle is anticipated to boost the demand for wearable medical devices. Moreover, increasing health awareness is further expected to augment the demand for these devices. 

Additionally, growing incidences of chronic conditions, such as diabetes, which require round-the-clock monitoring, are expected to increase the demand for wearable technology. Technological innovation is projected to be vital for growth of this industry over the forecast period. Smart watches, smart bands, and smart clothing are anticipated to be the key areas for development. Increasing penetration of smart cellular phones is expected to assist growth of this technology. However, patient privacy and security concerns along with complexity in engineering are expected to impede growth of the industry. 

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

Further key findings from the study suggest:

• Diagnostic wearable medical devices held substantial share in 2014 owing to increasing usage in remote patient monitoring as well as home healthcare
• Therapeutic wearable devices are anticipated to exhibit remunerative growth over the forecast period. Increasing penetration of products, such as insulin monitors, is assisting the growth of wearable equipment.
• Diagnostic devices such as vital sign monitors are expected to witness lucrative growth over the forecast period. Rising incidences of chronic diseases are expected to boost the demand for this equipment.
• Wearable medical devices have applications in sports & fitness monitoring, home healthcare, and remote patient monitoring. Home healthcare held significant shares of around 50.0% in 2014. Simplified usage of this equipment along with ability to synchronize with cellular phones as well as tablet devices assisted the growth of this segment.
• On the contrary, remote patient monitoring is projected to exhibit growth rate of over 25.00% in the next seven years. Increasing geriatric population base coupled with demand for continuous monitoring is expected to fuel the growth.
• Strap/clip/bracelet or watches held substantial shares of around 40.0% in 2014, and is expected to grow at a lucrative rate over the forecast period. Simplified engineering, aesthetically appealing products, and synchronization with mobile application are anticipated to drive this segment’s growth.
• North America dominated the overall market with approximately 40.0% of shares. This can be attributed to increasing per capita income as well as rising healthcare spending, and advanced healthcare infrastructure and presence of OEM in this region.
• Asia Pacific is projected to grow with a rapid rate of around 32.0% over the forecast period. Economic development coupled with improving healthcare systems is expected to help the industry grow in this region.
• Key companies of the wearable medical devices industry include Fitbit Inc., Garmin, Vital Connect, Omron Corp., Sotera Wireless, Jawbone, Pebble Technology Corp., Basis Science, Inc., Withings, Intelesens Ltd., Covidien Plc, LifeWatch AG, Polar Electro, Philips Electronics, and Everist Genomics 

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Business Prospects and Future Scope of Yeast Ingredients Market in Food & Beverages Industry

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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http://www.grandviewresearch.com/industry-analysis/yeast-ingredient-market

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.

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