Diabetes Devices Market Is Playing a Crucial Role For Medical Industry Growth At a Global Level

San Francisco, 22 Mar 2019: The global diabetes devices market size is expected to reach USD 35.5 billion by 2024, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 7.0% during the forecast period. Growing cases of diabetes, due to obesity, sedentary and unhealthy lifestyles, and several other factors, is expected to drive demand for diabetes devices over the next few years.

Obesity is believed to be one of the foremost factors leading to diabetes in individuals. According to WHO, in 2014, over 1.9 billion people were identified to be overweight, of which, around 600 million people were obese.

Some of the key companies in the global diabetes devices market are Medtronic PLC, Sanofi S.A., Bayer Healthcare AG, Becton, Dickinson and Company, Novo Nordisk A/S, Abbott Laboratories, F. Hoffman-La Roche AG, and Johnson & Johnson.

To request a sample copy or view summary of this report, click the link below: 
www.grandviewresearch.com/industry-analysis/diabetes-devices-market

Further key findings from the study suggest:

• Constantly rising target population base is the primary factor driving market growth
• Test strips capturedthe largest share in the monitoring and diagnostics device segment while insulin pens accounted for the largest revenue share among insulin delivery devices in 2016. This can be attributed to rapid adoption of these user-friendly, quick, and accurate devices for homecare use
• North America is leading the regional market, followed by Europe. Advanced healthcare infrastructure and availability of technologically advanced products have driven the regional market
• Key players in the market include Medtronic PLC, Sanofi S.A., Bayer Healthcare AG, Becton Dickinson and Company, Novo Nordisk A/S, Abbott Laboratories, F. Hoffman-La Roche AG and Johnson & Johnson.

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

Software Defined Storage Market Enhance Growth of $17,461.9 Million By 2024

San Francisco, 22 Mar 2019: The software defined storage (SDS) market size is expected to reach USD 17,461.9 million by 2024, according to a new study conducted by Grand View Research, Inc.

The emergence of the Big Data technology is anticipated to impel growth in the global software defined storage market. Technological propagation, coupled with benefits such as high flexibility and cloud storage, is instrumental in keeping the industry prospects upbeat. The technology facilitates the efficient management and control of complex networks through proficient resource data traffic management.

The advancements in the cloud technology, its availability, and wider access to cloud-based platforms are favorably impacting the industry. Various enterprises across the globe are experiencing the need for minimizing infrastructure development and data storage center costs which are significantly contributing toward the expansion of the industry.

Enterprises across diverse verticals are generating excessive data, creating the need for effective data storage management solutions. SDS solutions offer high agility and robustness to businesses along with cost and time efficiency.

The industry is projected witness significant growth in the developing markets of South America and the Asia Pacific regions, owing to the strong growth of the small-scale industries. The need for improving the efficiency and business processes in data centers is driving the demand for SDS solutions in small and medium-sized enterprises.

To request a sample copy or view summary of this report: 
www.grandviewresearch.com/industry-analysis/software-defined-storage-sds-market

Further key findings from the study suggest:

• The BFSI segment dominated the global software defined storage industry, accounting for over 17% of the market share in 2015. The large-scale data generation in the banking and financial institutions and the need for incessant data availability are leading to the large-scale adoption of SDS solutions in the BFSI sector.
• The North American regional market accounted for over 40% of the global revenue share in 2015. The strong presence of software defined storage solution vendors in the region is expected to contribute to the industry growth in the region. Asia Pacific is expected to emerge as the fastest-growing regional market. The rise of small-scale industries in the developing markets of India and China is driving the regional growth.
• Small and medium-sized enterprises accounted for over 30% of the global revenue share in 2015. The growth of Small and Medium-Sized Business (SMB) units across the globe, owing to the favorable government initiatives, is substantially driving the demand for SDS solutions among the small and medium-sized enterprises.
• The major vendors include Brain Corporation (U.S.), Hewlett-Packard (U.S.), HRL Laboratories, LLC (U.S.), Intel Corporation (U.S.), Numenta, Inc. (U.S.), and Vicarious FPC, Inc. (U.S.). Industry vendors are emphasizing on new product developments and forming technology alliances to gain a competitive edge in the industry.

Access Press Release Of This Research Report by Grand View Research: www.grandviewresearch.com/press-release/global-software-defined-storage-sds-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

Ride Sharing Market Enhance Growth of $11.94 Billion By 2025

San Francisco, 22 Mar 2019: The global ride sharing market size is projected to reach USD 11.94 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 7.5% during the forecast period. Increasing awareness in regular commuters regarding environmental deterioration due to vehicle emission is expected to drive the growth.

The unprecedented expansions of cities and towns and the inherent traffic congestion issues are anticipated to play a crucial role in driving the market for ride sharing in the forthcoming years. Growth in international trade and globalization has facilitated development of many major and minor economies all over the world. This economical and industrial growth has directly impacted the demographics and helped rapid urbanization in many countries.

The B2C business type ride sharing segment is estimated to lead the ride sharing market in 2017 and is expected to continue its dominance through the forecast period. This expanison is attributed to the introduction of ride sharing module in the existing platforms provided by established ride hailing players. The peer-to-peer ride sharing segment is expected to register the highest CAGR over the forecast period, attributed to rising awareness among commuters and also to introduction of newer user-friendly platforms.

The corporate type of commute is estimated to lead the ride sharing market with a slight edge, however the short distance commutes segment is expected to take the lead in the market over the forecast period. The long distance commute type is also projected to register healthy growth amid growing trend of sharing personal vehicles through ride sharing platforms in North America and Europe.

North America led with a market share of around 45.0% in 2017. The region is home to the two major players - Uber and Lyft - competiting to gain more customer base. Asia Pacific followed North America to take the second spot in terms of market share. However, the region is expected to overtake North America over the forecast period. Didi Chuxing and OLA are the two major players in the Asian market.

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

Further key findings from the study suggest:

• The North American short distance segment was valued at USD 1.04 billion in 2017
• Indian B2C market is expected to reach USD 815.0 million by 2025, registering a CAGR of 12.7% from 2018 to 2025
• B2C business model and short distance commute is expected to lead the ride sharing market till 2025
• Latin American long distance segment is expected to expand at a CAGR of 9.1% from 2018 to 2025
• South East Asia is another prominent market with the presence of many developing countries such as Indonesia and Thailand in ASEAN nations
• Key market players include GRAB, Uber, and Didi Chuxing among others.

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

U.S. Medical Coding Market Enhance Growth of $7.0 Billion By 2025

San Francisco, 20 Mar 2019: The U.S. medical coding market size is expected to reach USD 7.0 billion by 2025 expanding at a CAGR of 9.3%, according to a new report by Grand View Research, Inc. There is a high demand for coding services in countries, which have high healthcare coverage and/or mandatory health insurance, as they are used in settling health insurance claims. Every individual has a unique combination of human genome. Although most of the time this variation does not affect the normal dosage regimen, it has an impact in the long term. Availability of several data enrichment tools, such as Electronic Health Records (EHRs) and m-Health, has reduced the communication gap between healthcare professionals and patients. These tools generate tremendous amount of data, which can be used for personalized treatment after translating them into coded language.

It can also be used for increasing the efficiency of various procedures including insurance claims, healthcare analytics, and medical billing. Many developed economies, such as U.S., are extensively using social media for increasing awareness about advanced healthcare. Thus, the advent of social media analytics is also anticipated to help enhance the efficiency in healthcare analytics. U.S. spends almost double the average of the global healthcare spending, which is expected to propel the market further.Major companies incorporate various strategies to gain competitive edge over others. For instance, recently Verisk Insurance Solutions started a joint venture with Guidewire to launch its ISO ClaimSearch accelerator. This initiative has provided Guidewire’s customers instant access to essential analytics of ISO ClaimSearch.

To request a sample copy or view summary of this report, click the link below: 
www.grandviewresearch.com/industry-analysis/us-medical-coding-market

Further key findings from the study suggest:

• Outsourced services are anticipated to witness the fastest CAGR over the forecast period due to their low costs and better quality than in-house services
• By classification system, the ICD segment is expected to lead the market due first-line use of these systems in classification of medical coding data
• Some of the major companies in the U.S. medical coding market are STARTEK Health; Oracle Corporation; Verisk Analytics; Aviacode, Inc.; Parexel International Corporation; Maxim Health Information Services; Precyse Solutions, LLC.; and Medical Record Associates LLC.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/us-protein-supplements-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

U.S. Protein Supplements Market Is Growing At a Rapid Pace - Market Analysis and Forecast to 2025

San Francisco, 20 Mar 2019: The U.S. protein supplements market size is expected to reach USD 9.80 billion by 2025 expanding at CAGR of 6.2%, according to a new report by Grand View Research, Inc. Rising demand for protein supplements and sports nutrition products across the region, especially among millennials, is projected to boost industry growth. Animal-based products dominated the market in the past. However, plant-based proteins are likely to witness the fastest growth during the forecast period on account of high demand in the region.

Shifting preference for plant-based proteins due to rising health concerns associated with animal-based sources, such as Cardiovascular Diseases (CVDs), certain types of cancer, kidney failure, accelerated aging, autism, and premature puberty, is projected to propel the segment development. Rising prevalence of animal diseases including Porcine Epidemic Diarrhea Virus (PEDv) and Bovine Spongiform Encephalopathy (BSE) in pork and bovine species, respectively, is affecting the animal-based product segment. This, in turn, will fuel plant protein supplements demand as an alternative.

Majority of the U.S.-based manufacturers are selling their products through different distribution channels including, direct selling contracts, e-commerce portals and supermarkets. Protein supplements are usually available in the form of protein bars, powder, capsules, etc. Rising awareness about different packaging solutions with consumer benefits like on-the-go convenience and portability has forced manufacturers to develop convenience packaged supplements in the form of RTD, which may result in increased product prices.

To request a sample copy or view summary of this report, click the link below: 
www.grandviewresearch.com/industry-analysis/us-protein-supplements-market

Further key findings from the study suggest:

• The U.S. protein supplements market is likely to witness strong growth on account of hectic lifestyle and resultant health issues
• Animal-based protein supplement is likely to be the largest market reaching at USD 7.37 billion by 2025
• However, plant-based proteins will be the fastest-growing segment over the forecast period
• Whey protein supplement led the market in 2016, while pea protein supplement is said to register the fastest CAGR over the estimated time period
• The industry is characterized by accreditation of the product, capacity expansion, capital expansion, and substantial investment decisions to improve the market share of manufacturers
• Some of the prominent companies present in the industry are Glanbia, PLC; Nature's Bounty Co.; Iovate Health Sciences International, Inc. NOW Foods; and Nutrabolt.

Access press release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/us-protein-supplements-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