Market Forecast News

Monday, 26 February 2018

Rising Ophthalmic Disorders to Drive Ophthalmic Lasers Market Growth by 2025

The global ophthalmic lasers market is anticipated to reach USD 1.6 billion by 2025, according to a new report by Grand View Research, Inc. Ophthalmic disorders are rising significantly on a global level. This rise in the prevalence rate has led to high growth of ophthalmic lasers market.

According to American Academy of Ophthalmology 2014 statistics, nearly 4.2 million people in the U.S. are visually impaired. Huge number of people suffering from visual impairment are likely to heighten the demand for ophthalmic lasers in the coming years.

Vision loss is a serious problem among people suffering from glaucoma, cataract, age-related macular degeneration (AMD), and diabetic retinopathy. This commonly occurs among the geriatric population. American Academy of Ophthalmology stated that, around 1.3 million U.S. population are blind. Hence, in order to minimize such huge rate of vision loss, there is a high need for the application of ophthalmic laser technology.

Geriatric population are the primary target for the market. Majority of the chronic ophthalmic disorders, for instance, cataract and AMD occur among this group of population. However, refractive errors are also very common among the young people. Thus, growing number of victims of chronic eye diseases has led to an expected growth of the market.

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

Further key findings from the study suggest:

In 2016, femtosecond lasers dominated the market due to rising prevalence of refractive errors among both geriatric and young population
Amongst the application segment, refractive error corrections held the largest market share in 2016 due to large number of surgeries conducted for refractive errors
Cataract removal is anticipated to show lucrative growth over the forecast period owing to the rising prevalence of cataract removal surgeries among the geriatric people
In 2016, hospitals contributed towards the largest revenue share owing to the emergence of large number of hospitals in developing economies
North America dominated the market in 2016 due to rising prevalence of ophthalmic disorders in this region
Asia Pacific is expected to show lucrative growth over the forecast period owing to the increase in awareness levels among people in developing countries about various treatments for chronic eye disorders
Few major companies include Carl Zeiss Meditec AG, Abbott Medical Optics, Inc., Alcon Laboratories, Inc., Ellex Medical Lasers Limited, Lumenis, and Bausch & Lomb Incorporated.

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

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information: www.grandviewresearch.com

Protein Ingredients Market: Opening Airways and Opportunities

The global protein ingredients market is expected to reach USD 48.77 billion by 2025, according to a new report by Grand View Research, Inc. The industry is driven by the growing use of these products in novel applications and technological advancements. In addition, increasing market acceptance, especially in dietary supplements and functional foods, is expected to drive product demand over the next nine years.

Rapid growth in the food & beverage industry, primarily in Asia Pacific countries including India, China, Malaysia and Indonesia, is anticipated to boost demand for plant & animal proteins over the projected period. Growing domestic demand for foods & beverages in emerging countries of BRICS is anticipated to have a positive impact on the global food & beverage industry, thereby driving the product demand.

In terms of revenue, animal type was the largest segment, accounting for 72.3% of the global industry share in 2016. One of the key drivers for the growth of the animal protein ingredient sector is the strong scientific evidence supporting health benefits of these products. Ongoing research conducted by scientists has proved that protein ingredients are the best source to maintain fitness of the body. Whey proteins are reportedly seen to be beneficial for cancer patients as well.

Consumers’ belief in the health benefits associated with these products has been the key driver for this industry over the past few years and the trend is anticipated to continue over the forecast period. Furthermore, food manufacturers are responding to this demand with a wide range of reformulated and new products. Major companies, including Archer Daniel Midland and Cargill, continually invest in R&D with an aim of introducing new products in this market.

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

Further key findings from the report suggest:

Personal care & cosmetics application segment will experience the fastest growth in terms of revenue, growing at a CAGR of 7.8% from 2017 to 2025 on account of growing use of these products in various cosmetic products.
Animal proteins emerged as the largest type segment in terms of revenue in 2016 and is estimated to reach USD 35.9 billion by 2025, and is anticipated to experience a steady growth over the years ahead.
The Asia Pacific region is projected to witness high growth over the next eight years owing to robust growth in the personal care & cosmetics and food & beverage industries, especially in the countries of India and China. In terms of revenue, the regional market is expected to grow at a CAGR of 8.6% from 2017 to 2025.
Key players, including DuPont, ADM Inc., Cargill Inc., Bunge Limited, and CHS Inc., dominated the global industry.

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

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Sunday, 25 February 2018

Rapid Increase in Vaccine Contract Manufacturing Market - Key Factors, Market Segments Regions and Industry Forecasts Analysis to 2025

The global vaccine contract manufacturing market size is expected to reach USD 4.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a 9.3% CAGR during the forecast period. The market is anticipated to witness significant growth over the coming years thanks to rising demand for vaccine development from the private sector as well as governments in industrialized and developing countries.

Vaccine contract services offer cost-saving benefits to their clients. They also help save time in operations and management of a production and research facility. These advantages associated with Contract Manufacturing Organizations (CMOs) are expected to benefit emerging players, start-ups, and small players who lack adequate facilities and resources required for vaccine development.

Increase in pricing pressure, regulatory challenges, and patent expiration in recent times are expected to adversely impact the market. Contract services are considered “strategic competitive weapons” among vaccine manufacturers as they help overcome the aforementioned issues.

A number of international healthcare organizations are engaged in estimating and predicting the quantity of goods as well as financial need required for conducting immunization programs. Some of the factors considered for this estimation are quantity of vaccines, estimated time of delivery, product type, and vial size. Participation of international healthcare organizations in vaccination programs is expected to positively influence the growth of contract manufacturers.

To request a sample copy or view summary of this report:
https://www.grandviewresearch.com/industry-analysis/vaccine-contract-manufacturing-market

Further key findings from the report suggest:

Contract services for development of attenuated vaccines accounted for the major share in the market based on vaccine type. This can be attributed to the fact that these vaccines offer immunity for a lifetime with only one or two doses
DNA vaccines form the fastest-growing segment by type, with several kinds already being tested on humans
Based on workflow, downstream processing dominated the market mainly due to the necessity of mature and reliable biotechnology tools for product recovery. Various research initiatives in the space are also contributing in advancing downstream workflows
By application, contract services for the development of human-use vaccines held the largest share owing to their high adoption to develop vaccines against influenza and other illnesses
Lonza; IDT Biologika GmbH; FUJIFILM Diosynth Biotechnologies U.S.A., Inc.; and Merck KGaA are some of the major players offering services for vaccine development.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-vaccine-contract-manufacturing-market

About Grand View Research

For More Information: www.grandviewresearch.com

Smart Office: One of the Booming & High Growth Market in Emerging Technology Industry

The global smart office market size is expected to reach USD 57.05 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Organizations are constantly evolving due to changing workforce demographics and technological expectations of modern employees and employers. As a result, a large number of organizations across the globe are anticipated to shift toward smart offices. Rising concerns regarding energy consumption are also likely to augment the market.

Growing adoption of Internet of Things (IoT) is estimated to stoke the growth of the market as IoT enables inter-networking of physical devices through actuators, sensors, network connectivity, and software. Employers are able to improve employee productivity while increasing flexibility of work environment with better connectivity. However, concerns associated with privacy and malicious attacks are poised to inhibit the growth of the market.

Energy management systems (EMS) offer advantages such as measuring energy efficiency improvements, analyzing energy data for better decision-making, and optimization of energy consumption. Audio-video conferencing systems help reduce travelling time and costs by providing a platform to share and collaborate ideas from remote locations. Surging demand for these hardware systems is projected to provide a fillip to the overall market.

Rising popularity of smart office technology is motivating manufacturers to invest in research and development activities for creating cost-effective, reliable, and improved products. Manufacturers are pouring substantial funds into development of new products for providing better user experience, which is expected to trigger the growth of the market.

To request a sample copy or view summary of this report:
https://www.grandviewresearch.com/industry-analysis/smart-office-market

Further key findings from the study suggest:

Smart office technology enhances experience of employees in terms of integration, intelligence, and intuitiveness
By component, the service segment is likely to post the highest CAGR of 15.0% over the forecast period
The retrofit segment dominated the market in 2016, with a valuation of USD 14.30 billion. The segment will retain its lead position through 2025
The North American region accounted for the largest share of just over 55 % in 2016
Key industry participants include ABB Ltd. (Switzerland); Honeywell International, Inc. (U.S.); Johnson Controls (U.S.); Schneider Electric (France); and Siemens AG (Germany).

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

About Grand View Research

For More Information: www.grandviewresearch.com

CNC Machines Market Holds Growth of $100.9 Billion by 2025

The global CNC machines market size is anticipated to reach USD 100.9 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 6.8% over the forecast period. Increasing need for reducing operating costs, manpower, and errors in components is likely to stoke the growth of the market.

Technological advancements are driving the use of CNC machines in development of highly intricate models/components with a definitive finish. This has subsequently led to a rise in implementation of CNC technology in lathe, milling, laser, grinding, and welding machines. Integration of CNC machines with computer-aided manufacturing (CAM) helps in reducing the time required for manufacturing of work pieces and enables hassle-free production of components.

Commercial demand for advanced, compact-sized CNC machines with automatic tool changers and multi axis machining technology is on a rise. Several large manufacturing units and plants are increasingly adopting CNC lathes to perform operations such as cutting, drilling, knurling, deformation, facing, and turning operations.

Various milling tools such as Poly Crystalline Diamond (PCD) tools and solid carbide tools are being introduced in the market. These tools offer increased efficiency and versatility while performing operations at the shop floor. These new tools also offer durability, resistance toward high temperatures, and enable better machining with reduction in vibrations, wear, and noise.

To request a sample copy or view summary of this report:
https://www.grandviewresearch.com/industry-analysis/computer-numerical-controls-cnc-market

Further key findings from the study suggest:

The global CNC machines market is anticipated to expand at a CAGR of 6.8% over the forecast period, owing to reduction in cycle time, reduced wastage, and increased efficiency
The lathe machines segment held the leading share of over 27% in 2016. The growth of the segment can be attributed to availability of 5-axis operation machinery that increases flexibility, reduces operation time, and avoids collision
The milling machines segment is estimated to post the highest CAGR of 9.5% during the forecast period, owing to features such as multi-functionality and reduced time requirement
The industrial segment is poised to dominate the market until 2025 and reach a valuation of USD 25.17 billion
The Asia Pacific region is projected to witness significant growth over the forecast period, owing to increasing number of manufacturing units
Key participants in the market are Amada Co., Ltd.; DMTG Corporation; Haas Automation, Inc.; Okuma Corporation; and Yamazaki Mazak Corporation, among several others.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-computer-numerical-controls-cnc-machines-market

About Grand View Research

For More Information: www.grandviewresearch.com