Valuable Foresights on How Transcatheter Heart Valve Market will Grow During 2013 – 2024| Top Key Players Braile Biomedica, Direct Flow Medical, Edwards Lifesciences

San Francisco, 19 September 2018: The global transcatheter heart valve market is anticipated to reach a value of USD 8.62 billion by 2024, according to a new report by Grand View Research, Inc. The market is currently under-penetrated as these products are approved only for geriatric patients who cannot undergo normal valve surgeries. Growth drivers such as increasing prevalence of chronic cardiovascular diseases, increasing economic development, improvement in reimbursement scenario, and faster adoption of new technologies are expected to significantly improve the usage rates over the forecast period.

The transcatheter heart valve market is evolving rapidly due to the continuous investments in R&D by the key market players such as Edwards Life Sciences, Medtronic, St. Jude, and Boston Scientific. The technologically advanced products such as the SAPIEN 3 transcatheter heart valve and the TRINITY Valve are designed to reduce the surgical complications and improve patient compliance. For instance, the TRINITY TAVI system enables easy retrieval and repositioning of the device, without compromising on patient safety and treatment outcomes.

Furthermore, the market is expected to experience strong tailwinds on account of growing investor interest, lucrative product pipeline, faster regulatory approvals, and high competition to acquire potential start-ups. For example, some of the notable investments in the market include the USD 37 million funding of Venus MedTech by Goldman Sachs. In line with the market trends, the other market participants such as Boston Scientific, Edward Life Sciences, and Medtronic have also increased their investments to develop new products for management of mitral valve regurgitation and tricuspid valve replacements.

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Further Key Findings from the Study Suggest:

·       Aortic stenosis is the most prevalent valve disease, and if untreated it can lead to death. In 2015, transcatheter aortic valve segment accounted for the maximum revenue of over USD 1.6 billion and is expected to retain its dominant share over the forecast period.

·       However, the transcatheter mitral valve segment is expected to emerge as the fastest growing with a CAGR of 23% over the forecast period. Increasing number of elderly patients with mitral regurgitation and growing demand for technologically advanced transcatheter valve devices are expected to drive the usage of transcatheter mitral valves over the forecast period.

·       In 2015, the self-expanded transcatheter accounted for the largest market share of 65%. These catheters are most commonly used and, currently, most of the products that are available in the market are based on this technology. However, balloon expanded transcatheters are expected to have the fastest CAGR of 16.8% over the forecast period.

·       North America held the maximum share of nearly49% in 2015. A combination of different factors such as the presence of large target population, high disposable income, strong reimbursement framework, contribute toward the high revenue generated in this region.

·       Asia Pacific is anticipated to register the fastest CAGR of 17.8% over the forecast period. Increasing disease burden, improvement in clinical trial regulations, growing preference for advanced medical technologies, increase in medical tourism, and special incentives for investments in healthcare sector are expected to strongly favor the growth in this region.

·       Some key market players Boston Scientific Corporation, Bracco Group, Braile Biomedica, Direct Flow Medical, Edwards Lifesciences, JenaValve, St. Jude Medical, Symetis. ValveXchange, Edwards Lifesciences, and Medtronic are the early movers in this market have captured significant market share in the North America, Europe, and the Asia Pacific region.

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Grand View Research has segmented the transcatheter heart valve market by application, technology and region:

Transcatheter Heart Valve Market Application Outlook (Market revenue in USD Million, 2013 - 2024)

·         Transcatheter aortic valve

·         Transcatheter pulmonary valve

·         Transcatheter mitral valve

Transcatheter Heart Valve Market Technology Outlook (Market revenue in USD Million, 2013 - 2024)

·         Balloon expanded transcatheter valve

·         Self-expanded transcatheter valve

Transcatheter Heart Valve Market Regional Outlook, (Market Revenue in USD Million, 2013 - 2024)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    Japan

o    China

·         Latin America

o    Brazil

o    Mexico

·         MEA

o    South Africa

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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

Retail Sourcing and Procurement Market Valuation to Reach $2.74 Billion by the end of 2025| Key Industry Players SAP SE, Oracle, SciQuest and IBM

San Francisco, 19 September 2018: The global retail sourcing and procurement market is expected to reach USD 2.74 billion by 2025, according to a new report by Grand View Research, Inc. Increasing centralization in procurement processes and better visibility in sourcing related data has been a major factor driving market growth. In addition, recent development of Artificial Intelligence (AI), cloud computing, and Internet of Things (IoT) and its implementation across retail procurement processes also paved the way for greater development of retail software and solutions.

With rise of internet shopping and major shifts in consumer buying patterns, different trends are re-shaping the retail industry in the last few years. With a cutthroat competition, retailers are struggling to maintain and find profitability, thus, initiating them to take a defensive stance. Rising expenses, loss of sales productivity, and real-time buying trends are indulging retail businesses to adopt sourcing and procurement tools in order to cope up with the customer demand. Moreover, retailers need to look at their cost structures in order to decide their staffing, pricing, and operations.

Retail and procurement consulting was the largest service category in 2016 and is expected to maintain a comparatively low growth rate over the forecast period. It constituted with a share of about 38% in 2016. Cloud deployment in retail sourcing and procurement is expected to observe the fastest growth over the next nine years with an estimated CAGR of around 12.1% from 2017 to 2025. Procurement cloud helps to streamline source-to-pay process through social collaboration and automation, thus, achieving high margins by controlling costs. Additionally, cloud based software supports seamless accessibility without additional IT effort to the device.

Access Research Report of Retail Sourcing and Procurement Market @ www.grandviewresearch.com/industry-analysis/retail-sourcing-procurement-market

Further key findings from the report suggest:

·       The global retail sourcing and procurement market is expected to grow at a CAGR of 11.5% from 2016 to 2025

·       Procure to pay emerged as the largest solution segment in 2016 and is estimated to generate revenue over USD 1,977.9 million by 2025

·       Global retail sourcing and procurement demand in spend analysis was USD 377.2 million in 2016 and is anticipated to witness staggered growth over the next nine years

·       The U.S. large enterprise market for retail sourcing and procurement was 516.2 million in 2016 and is estimated to reach a total volume of over 1,288.2 million by 2025

·       The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the Internet of Things (IoT) and artificial intelligence technologies. The regional market is expected to grow at a CAGR of 12.9% from 2017 to 2025

·       Key players including SAP SE, Oracle, SciQuest, and IBM Corporation dominated the global retail sourcing and procurement market while accounting for over 78% of the total revenue in 2016

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Grand View Research has segmented the global retail sourcing and procurement market on the basis of solution, services, deployment, end user, and region:

Solution Outlook (Revenue, USD Million, 2014 - 2025)

·         Strategic sourcing

·         Supplier management

·         Contract management

·         Procure-to-pay

·         Spend Analysis

Service Outlook (Revenue, USD Million, 2014 - 2025)

·         Implementation

·         Consulting

·         Training & Support

Deployment Outlook (Revenue, USD Million, 2014 - 2025)

·         On premise

·         Hybrid

·         Cloud

End Use Outlook (Revenue, USD Million, 2014 - 2025)

·         Small & Medium Enterprise (SME)

·         Large Enterprise

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa 

Access Press Release of Retail Sourcing and Procurement Market@ www.grandviewresearch.com/press-release/global-retail-sourcing-procurement-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

Specialty Polyamides Market Estimated to Experience a Hike in Growth by 2024| Emerging Market Players E. I. du Pont de Nemours and Company, Solvay S.A.

San Francisco, 19 September 2018: The global specialty polyamides market is expected to reach USD 3.28 billion by 2024, according to a new report by Grand View Research, Inc. Rising utilization of eco-friendly nylon materials that offers high efficiency and protection to extend product durability is projected to boost market demand over the forecast period.

Growing environmental concern shave led to rise in interest to develop polyamides using renewable feedstock in recent times. Green benefits are not the only reasons for wide acceptance of specialty polyamides. In fact, it is claimed these polyamides can offer better performance than the conventionally made engineering thermoplastics.

Growing disposable income, high demand for low fuel combustion vehicles and strict implementation of regulations by the governing bodies such as EPA has led to increasing demand for these products. Companies such as Evonik Industries AG, BASF SE, Arkema SA, and E. I. du Pont de Nemours and Company have adopted expansion strategies to increase their presence in the market. Most of the companies have been heavily investing in R&D amenities to discover advanced and innovative special engineering nylons that are eco-friendly and easy to use, with less utilization of expensive & harmful raw materials.

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Further key findings from the report suggest:

·       The global specialty polyamides market demand was 527.9 kilo tons in 2015 and is expected to exceed 840 kilo tons by 2024, growing at a CAGR of 5.6% from 2016 to 2024

·       Automotive & transportation emerged as the leading application segment with demand share exceeding 35% in 2015. Increasing demand for light weight vehicles on account of existing and proposed stringent governmental regulations regarding automotive pollution along with growing need for fuel-efficient vehicles is expected to drive this segment over the forecast period

·       Electronics & semiconductors are expected to witness brisk growth over the forecast period. Increasing utilization of electronic components made up of these polyamides for electronic equipment, as well as for trays and conveyer systems used in the manufacture of semiconductor chips is anticipated to benefit the overall industry consumption

·       Asia Pacific was the leading regional market and accounted for over 40% of global demand in 2015. The region is also expected to witness the highest growth of 6.1% on account of the growing demand for automobile components and electronics & other electrical products in China, Taiwan, and Japan

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Grand View Research has segmented the specialty polyamides market on the basis of applicationand region:

Global Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         Automotive & transportation

·         Electrical & electronics

·         Consumer goods & retail

·         Energy

·         Industrial coatings

·         Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

·         North America

o    U.S.

·         Europe

o    Germany

o    France

o    Netherlands

o    Italy

o    Poland

o    Spain

·         Asia Pacific

o    China

o    Hong Kong

o    Japan

o    Taiwan

o    Thailand

o    Korea

·         Central & South America

·         Middle East & Africa

Access Press Release of Specialty Polyamides Market@ www.grandviewresearch.com/press-release/global-specialty-polyamides-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

Robotic Process Automation Market is Projected to Boost $8.75 Billion by 2024| Key Industry Participants Jacada Inc., Be Informed B.V.

San Francisco, 19 September 2018: According to a report by Grand View Research, Inc., global Robotic Process Automation (RPA) market is estimated to reach at USD 8.75 billion by 2024. The market is also anticipated to expand at a growth rate of 60.5 % over the forecast period (from 2018 to 2024). Growing requirement for fast and cost-effective business process solutions to enhance the operational efficiency is anticipated to propel the market demand. Implementation of the RPA technology in organizations offers tools to create software and thus automates any business process. In addition, it can also learn countless new skills while performing multiple prescribed functions. Such useful functionalities of RPA technology are likely to augment its demand in the forthcoming years.

The RPA technology can improve and scale up data security and operational efficiency in any business by adapting and interpreting existing application for processing a transaction and manipulate data. It can also communicate with the existing digital systems in an organization. The self-learning and self-correcting abilities of this technology can influence the growth of the market in the coming years. Increasing use of RPA to automate business processes to replace manual operations and reduce expenses can fuel market demand in future.

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The global robotic process automation market is segregated on the basis of service, application, organization, and region. Based on service, market is bifurcated into training services and professional services. In 2016, training segment dominated the market and is estimated to grow at a similar pace during the forecast period. Based on application, the market is classified into healthcare, retail, telecom, manufacturing, BFSI, and others. In 2016, telecom & IT segment dominated the market and accounted for market share equivalent to USD 65.6 million and is estimated to grow at a CAGR of 60% during the forecast period.

On the basis of geographies, the market is divided into Europe, Asia Pacific, North America, Latin America, Middle East & Africa (MEA). In 2016, North America led the market and it is expected to grow at a similar pace even during the forecast years. Growing penetration of automation and process management solutions are expected to be the key factors fueling the market growth in the region. In addition, rising adoption of virtual workforce technology in businesses is also likely to foster the market growth in this region.

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The Asia Pacific regional market accounted for a market share equivalent to USD 21.3 million in 2016. The region is likely to witness a significant growth during the forecast period due to high adoption of automation solutions including robots, Artificial Intelligence (AI), and Machine Learning (ML). In addition, high demand for business process automation, particularly in the BPO sector, in emerging economies such as India and China can bode well for the region’s growth. In Latin America, the RPA market is predicted to grow at phenomenal CAGR of 52% during the forecast period. Rising adoption of automation technologies and their applications is said to stimulate the region’s development over the coming years.

Some of the leading companies offering RPA technologies are Jacada Inc.; Blue Prism Group Plc; Automation Anywhere Inc.; Be Informed B.V.; and OpenSpan. The robotic process automation market is highly competitive thus, most companies focus on offering most advanced and superior solutions to maintain their industry positions. In addition, these companies also implement RPA technology internally in order to automate their back-end processes, which expedites productivity and enhances the product quality.

Access Press Release of Robotic Process Automation Market@ www.grandviewresearch.com/press-release/global-robotic-process-automation-rpa-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

RSV Diagnostics Market is Expected to Enhance $1.2 Billion Revenue By 2022| Key Industry Participants Ortho Clinical Diagnostics, Roche Diagnostics

San Francisco, 19 September 2018: According to a report published by Grand View Research, Inc.; the respiratory syncytial virus (RSV) diagnostics market is likely to reach a valuation of around USD 1.2 billion by 2022. Rising prevalence of respiratory infections, increasing infant population, high demand for in-vitro diagnostics, and growing demand for point of care facilities can drive the market over the forecast period (2012 to 2022).

Increasing occurrence of newborns suffering from respiratory conditions like RSV infections and childhood pneumonia coupled with supportive efforts by healthcare providers for diagnosis are likely to boost the market growth in the coming years. As per the world population meter, in 2015, over 88 billion births were noticed and out of these more than 2.8 million babies died in the first month due to infection and lack of screening for such conditions. Reputed organizations such as World Health Organization (WHO), Pan America Health Organization (PAHO), The Centers for Disease Control and Prevention (CDC), and others are also taking efforts in spreading awareness and educate parents regarding the probable disorders and their diagnostic procedures. This is also expected to boost the market demand. 

The worldwide respiratory syncytial virus (RSV) diagnostics market can be segmented on the basis of product, end-use, and region.

Based on product, the market can be bifurcated into direct fluorescence antibody (DFA) method, rapid antigen diagnostic tests (RADTs), flow cytometry, molecular diagnostics, diagnostic imaging, chromatographic immunoassay, gel microdroplets, and others. As per end-use, the market can be categorized into hospitals, laboratory, clinics, and homecare. Hospitals and home care segments together are anticipated to contribute over 50.0% of the market share in 2022.

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Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA).

North America has been dominating the market and expected to contribute revenue share over 40.0% by 2022. Increasing incidence of these disorders and growing neonatal population are factors expected to drive regional growth over the forecast period. In 2014, hospitalization of more than 150,000 kids (below the age of five) and around 14,000 deaths in elderly patients were recorded in the U.S. due to RSV infections. Products such as chromatographic immunoassays and molecular diagnostics are widely used in the region as they offer high accuracy, specificity, and sensitivity. In addition, growing awareness among the population and supportive efforts from government organizations such as WHO and Pan American Health Organization (PAHO) to perform screening for newborns are also expected to drive the market growth in the region.

Latin America is expected to show significant growth due to increasing cases of childhood pneumonia. According to the WHO, approximately 151.8 million cases of childhood pneumonia were noted in 2001 in Latin America and about 1.9 million of these cases caused death. In addition, the government has ordered 100% screening of all children born in private sector hospitals.  According to paper entitled “Respiratory syncytial virus infection as a cause of hospitalization in population under 1 year in Colombia” in the Jornal de Pediatria, one in 3 cases of lower respiratory tract infection is caused by RSV and nearly 30.0% cases of the infection were in Columbia.

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Asia Pacific is expected to show fastest growth during the forecast period due to rising incidence of infectious diseases. Growing demand for automated healthcare testing for fast and accurate diagnosis of the disease is likely to spur the market growth in the region.  Countries such as India, China, Malaysia, and Japan are anticipated to show high growth in the region. This growth can be associated with increasing infant population, improving healthcare facilities, economic development, and increasing government initiatives.

Key players operating in the market include Thermo Fisher Scientific Inc.; Dickinson and Company; Bio-Rad Laboratories Inc.; Quidel Corporation, Alere Inc.; and BioMerieux.

The participants in the market are expected to adopt strategies including new product launches, mergers and acquisitions to strengthen their product range, and expansions to create a global presence. The strategic partnerships between pharmaceutical companies and in vitro diagnostic manufacturing companies to develop companion diagnostics are expected to create future opportunities.

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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