Point of Use Water Treatment Systems Market Poised for Robust Value CAGR of Over 8.1% Through 2025| Top Industry Players Pentair, Panasonic

San Francisco, 24 September 2018: The global point of use water treatment systems market is estimated to be valued at USD 34.1 billion by 2025, according to a new report by Grand View Research, Inc. Increasing water pollution coupled with growing awareness towards healthy lifestyle are factors propelling the market growth.

Increasing adoption of water purifier systems is predicted to drive the global point of use water treatment systems market over the forecast period. Favorable government laws to ensure the supply of clean and potable drinking water are further expected to augment business growth in the coming years.

The increasing demand for clean water coupled with growing investments to boost the efficiency is likely to provide a boost to the point of use water treatment systems market growth over the forecast period. Significant reduction in the costs of raw materials and components along with favorable government initiatives is likely to encourage growth of the point of use water treatment systems market by 2025. Governments across the globe are encouraging wider adoption of water treatment systems, to avoid an epidemic of water borne diseases.

In terms of technology, the reverse osmosis systems held over 43% of the global point of use water treatment systems market share in 2016. Established technology coupled with economical costs of units in comparison to other technologies is predicted to have a positive impact the growth of point of use water treatment systems market by 2025. Filtration methods technology segment in point of use water treatment systems market is predicted to be valued at USD 7.5 billion by 2025. Higher efficiency, enhanced capacity, and affordable pricing are projected to boost market growth during the forecast period.

Tabletop pitchers segment of the water treatment systems market was valued at USD 6.9 billion in 2016 and is likely to be valued at USD 14.6 billion by 2025. Tabletop pitchers are widely adopted owing to the convenient use coupled with affordable price and longer shelf life of the product. In the devices segment, faucet mounted filters are the second largest with 80.7 million units sold in 2016. This segment has large scale penetration in Indian and African countries mainly due to its affordable pricing and low replacement costs.

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Further key findings from the report suggest:

·       The U.S. point of use water treatment systems market, in terms of value, is predicted to grow at a CAGR of over 3.4% in the coming years. Favorable government regulations, coupled with financial benefits, are predicted to boost business growth over the forecast period.

·       In 2016, the UK point of use water treatment systems market, in terms of volume, contributed over 31.9 million units and is predicted to reach over 102.9 million units by 2025. Under the sink units are more prevalent in the UK, given the advanced aesthetic sense prevalent among the customers in the country.

·       India point of use water treatment systems market is likely to be valued at USD 1.9 billion by 2025. As of 2017, India is one of the largest market owing to be the second most populated country in the world.

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Grand View Research has segmented the global point of use water treatment systems market on the basis of technology, device, application and region:

Technology Outlook (Volume, Million Units; Revenue, USD Billion; 2014 - 2025)

·         Reverse Osmosis systems

·         Distillation systems

·         Disinfection methods

·         Filtration methods

Application Type Outlook (Volume, Million Units; Revenue, USD Billion; 2014 - 2025)

·         Residential

·         Non-residential

Device Type Outlook (Volume, Million Units; Revenue, USD Billion; 2014 - 2025)

·         Tabletop pitchers

·         Faucet mounted filters

·         Counter-top filters

·         Under-the-sink filters

Regional Outlook (Volume, Million Units; Revenue, USD Billion; 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    Russia

o    UK

o    Spain

o    Italy

·         Asia Pacific

o    China

o    Japan

o    South Korea

o    Australia

o    India

·         Central & South America

o    Brazil

·         Middle East and Africa

o    UAE

o    Saudi Arabia

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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

On-Highway Vehicle Lighting Market Expected to Witness a Sustainable Growth over 2025|Top Industry Players Valeo S.A., ZKW Group

San Francisco, 24 September 2018: The global on-highway vehicle lighting market size is expected to reach USD 42.03 billion by 2025, according to a study conducted by Grand View Research, Inc., exhibiting a 5.4% CAGR during the forecast period. Government regulations for improved visibility and increasing penetration of energy-efficient light sources have bolstered the market growth. Increasing adoption of LED lamps and growing emphasis on technological innovations are estimated drive the market further. Automobile manufacturers are increasingly adoption energy-efficient and more advanced lighting technologies, such as LASER and Light-Emitting Diode (LED).

LED lamps are more energy-efficient, durable, and have the higher operational life span (over 50,000 hours) than other sources, such as incandescent, xenon, and halogen bulbs. Thus, longer lifespan and low energy consumption would drive the demand for LED lights in the coming years. Companies such as Koito Manufacturing Co. Ltd., Stanley Electric, Hella KGaA Hueck & Co., and Magneti Marelli S.p.A provide LED lights in different shapes for a number of automotive applications.

Asia Pacific is expected to be the dominant regional market over the forecast period owing to the rapidly growing automotive sector. Moreover, stringent regulations by local governments regarding the use of energy-efficient lighting sources are also likely to open up new growth opportunities for the companiesi. For instance, in 2017 the Indian government has mandated the use of Daytime Running Lamps (DRLs) and Automatic Headlamp On (AHO) for two-wheelers, which in turn shall accelerate the Asia Pacific on-highway vehicle lighting market growth.

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Further key findings from the study suggest:

·       LED is expected to emerge as the dominant product type segment due to declining prices of LED lights as a result of extensive R&D to introduce advanced products

·       The headlight segment is expected to be the leading application segment owing to the increasing use of light sources across front headlamps, DRLs, side lamps, and fog lamps

·       Asia Pacific is expected to be the largest and fastest-growing region over the forecast period. This growth is mainly due to expanding automotive sector in the emerging economies such as China and India

·       Prominent industry participants include Koito Manufacturing, Ltd., Valeo S.A., Koninklijke Philips N.V., and Magneti Marelli S.p.A.

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Grand View Research has segmented the global on-highway vehicle lighting market on the basis of product type, application, vehicle type and region:

On-Highway Vehicle Lighting Product Type (Revenue, USD Million, 2014 - 2025)

·         Halogen

·         High Intensity Discharge (HID)

·         LED

·         Incandescent

·         LASER

On-Highway Vehicle Lighting Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Headlights

·         Other External Lights

·         Interior Lights

On-Highway Vehicle Lighting Vehicle Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Motorcycle

·         Passenger Car

·         Buses

·         Light Truck (Class 1-3)

·         Medium Truck (Class 4-6)

·         Heavy Truck (Class 7&8)

On-Highway Vehicle Lighting Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

o    Canada

·         Europe

o    U.K.

o    Germany

·         Asia Pacific

o    China

o    Japan

o    India

·         Latin America

o    Brazil

o    Mexico

·         MEA

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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

Hyperlipidemia Drugs Market Will See Strong Expansion Through 2022| Key Industry Participants Pfizer, Inc.; DAIICHI SANKYO COMPANY, LIMITED

San Francisco, 24 September 2018: The global hyperlipidemia drugs market size is expected reach USD 22.6 billion by 2022, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% during the forecast period. Several factors, such as increase in target population and growth in awareness about risk of cardiovascular diseases (CVD) due to persistent hypercholesterolemia, are stoking the growth of the market.

Hyperlipidemia is the most common type of dyslipidemia and is generally caused by abnormally high lipid levels in the blood. This condition can occur due to genetic factors (primary hyperlipidemia) as well as other factors such as poor diet and unhealthy lifestyle (secondary hyperlipidemia). Statins are the first line of treatment for secondary hyperlipidemia.

Target population of antihyperlipidemic drugs is broadly divided into statin users and nonstatin users. The revenue share of statin users has been declining. The nonstatin users segment consists of statin intolerant and nonresponsive population as well as familial hyperlipidemia (FH) population. Nonstatin users are seeking high-efficacy alternatives and this is anticipated to boost the revenue of this segment.

Upcoming patent expirations are expected to lead to greater genericization in the market, mostly among statins, cholesterol absorption inhibitors, and combination drugs. However, new product launches are anticipated to continue to drive the market. Several novel mechanisms of action such as ACL inhibition, DGAT2 inhibition, and anti-ANGPTL-3 are being investigated for their potential for treatment of hyperlipidemia as well as for reducing the risk of CVD.

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Further key findings from the report suggest:

·       Statins dominated the drug classes in 2016 owing to their high usage as the first line of therapy

·       Recent launch of PCSK9 inhibitors, such as Repatha and Praluent, is likely to change the current therapeutic scenario due to their improved efficacy and safety profile

·       PCSK9 inhibitors are expected to displace existing expensive therapies, lomitapide, and mipomersen for the treatment of homozygous FH patients

·       Europe was the leading regional market in 2016. It is estimated to maintain its dominance till 2022 owing to high prevalence of hypercholesterolemia

·       There are fewer growth opportunities in Japan due to unavailability of key pipeline drugs such as bempedoic acid

·       AstraZeneca; Merck & Co., Inc.; Pfizer, Inc.; DAIICHI SANKYO COMPANY, LIMITED; Amgen, Inc.; and Sanofi are some of the key players operating in this market

·       Amgen, Inc.; Sanofi; and Esperion are expected to have the highest shares in this market by 2022

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Grand View Research has segmented the global hyperlipidemia drugs market based on drug class and region:

Hyperlipidemia Drug Class Outlook (Revenue, USD Million, 2016 - 2022)

·         Statins

·         Bile Acid Sequestrants

·         Cholesterol Absorption Inhibitors

·         Fibric Acid Derivatives

·         PCSK9 Inhibitors

·         Combination

·         Miscellaneous

Hyperlipidemia Regional Outlook (Revenue, USD Million, 2016 - 2022)

·         U.S.

·         U.K.

·         Germany

·         Spain

·         France

·         Italy

·         Japan

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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

Patient Positioning Systems Market is Expected to Amplify $1.4 Billion Value by 2025|Key Industry Participants Stryker Corporation; Medline Industries

San Francisco, 24 September 2018: According to a report published by Grand View Research, Inc.; the patient positioning systems market is likely to reach a valuation of around USD 1.4 billion by 2025.

Factors such as rising geriatric population, high prevalence of cancer, increasing awareness among the patients and increasing expenditure for diagnostic procedures can propel the market during the forecast period (2014 to 2025).

Growing cases of most common types of cancers such as colon and rectum cancer, prostate cancer, and breast cancer is likely to boost the market growth in the coming years.  The prevalence of cancer is likely to reach 15 million new cases per year through 2020, according to the World Cancer Report published by the WHO. Rise in innovation has lead to improvement in accuracy and efficiency of these system in cancer therapy. These products intended to keep patients steady and comfortable during radiotherapy. This is likely to support the market growth. Additionally, technological progressions in sensors including MEMS sensors, cancer tracking sensors, and optic fiber technology is likely to spur the market growth in the future.

Worldwide patient positioning systems can be segmented on the basis of product, application, end-use, and regions. As per product, the market can be categorized into tables and accessories. In 2016, tables segment estimated lucrative market share due to growing incidence of cancer and highest number of surgeries performed. Based on application, the market can be split into surgery, diagnostics, and other. The surgery segment is likely to hold major market share over the forecast period. However, the diagnostics segment is projected to grow at a lucrative rate during the estimated period owing to growing expenditure for diagnostics/imaging. Majority cardiologists and oncologists in the U.S. and Germany recommend diagnostics tests and design treatment plan after studying test results, according to a research published by NCBI. This is likely to boost the segment growth.

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On the basis of end-use, the market can be fragmented into hospital, ambulatory centers, and other.

Hospitals segment is recognized as the major segment due to rising healthcare expenditure and growing number of hospitals across the world.

The ambulatory segment is likely to show highest growth during the forecast period due to development of accurateness of minimally invasive technologies. There are about 5,229 ambulatory surgical centers (ASCs) certified by Medicare in the U.S.

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

In 2916, North America captured the major market share of 34.2%. It is expected to be the largest market over the forecast period. Factors such as growing incidence of chronic and lifestyle diseases, availability of established healthcare infrastructure, presence of large number of diagnostic centers are driving growth in the region. Additionally, presence of major market participants in the U.S is also expected to supplement the growth in the region. In 2016, 1,685,210 new cases of cancer diagnosed with cancer in the U.S according to National Cancer Institute. Rising prevalence of cancer has increased the R&D investment in the market.

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Europe is likely to show lucrative growth during the forecast period. This can be associated with growing medical device industry in U.K., Germany, and France. During the year 2016 to 2017, approximately 42.1 million diagnostics imaging tests conducted in the U.K, as per National Health Services (NHS). Growing efforts to run awareness campaigns concerning early cancer diagnosis such as the National Awareness and Early Diagnosis Initiative (NAEDI) in the U.K. is predicted to increase the demand for diagnostic imaging procedures, which is expected to support the market growth.

Asia Pacific is expected to exhibit a higher CAGR as compared to other regions during the estimated period due to growing geriatric population and rising budget for healthcare. 

Key companies operating in the market include Hill-Rom Holdings, Inc.; Smith & Nephew; Skytron, LLC; Medtronic; and Medline Industries.

Market participants are increasingly following strategies like mergers and acquisitions, collaborations, mergers and approvals for new products.

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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

Phosphate Fertilizers Market to Reflect Impressive Expansion by 2025| Top Industry Players Potash Corp. of Saskatchewan Inc.

San Francisco, 24 September 2018: Based on a report published by Grand View Research, Inc.; the global phosphate fertilizers market is anticipated to attain around USD 78.06 billion by 2025. Growing requirement for diverse food products attributed to rising population is anticipated to drive the global market over the forecast period (2018 to 2025). Phosphate offered by these fertilizers can help the plants absorb sufficient amount of energy from the sun and convert it into useful components.

High demand for agricultural fertilizers to boost crop yield and soil fertility is likely to stimulate growth of the market for phosphate fertilizers. Limited availability of arable land and growing awareness regarding the advantages of phosphate fertilizers can further augment market expansion. Favorable government initiatives to promote fertilizers offering naturally occurring nutrients such as nitrogen and phosphorus can positively influence market development during the forecast period.

The worldwide phosphate fertilizers market can be segregated on the basis of product, application, and region. Based on product, the market can be categorized into Diammonium Phosphate (DAP), superphosphate, Monoammonium Phosphate (MAP), and others. In 2016, the DAP fertilizers accounted for market share equivalent to USD 15.5 billion. These fertilizers are expected to witness significant growth in demand during the forecast period as they are the key source of phosphorus and nitrogen. These fertilizers can be used in wide range of crops such as sowing pastures, cereals, fodder crops, sugarcane, dairy pastures, and horticultural crops and are likely to be a cost-effective source of nitrogen for crops.

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In 2016, the MAP fertilizers segment accounted for market share equivalent to USD 10.3 billion. The segment is predicted to grow at phenomenal CAGR of around 4.7% from 2017 to 2025. These fertilizers are water-soluble in nature and can be used as a good source of phosphorus and nitrogen for crops and plants. In addition, the high purity level of MAP fertilizers can make it ideal for foliar and fertigation applications. All these factors are anticipated to contribute to the overall market growth in the forthcoming years.

Based on application, the market for phosphate fertilizers can be classified into oilseeds, cereals and grains, fruits and vegetables, and others. In 2016, the cereals and grains segment dominated the market and accounted for largest market share. It is likely to grow at CAGR of nearly 4.6% from 2017 to 2025. High demand for cereals and grains is attributed to rising population and demand for food in countries like China and India. Farmers and gardeners are expected to add phosphate fertilizers to soil to increase the ability of crops and plants to absorb natural phosphorus present in the soil. The ability of fertilizers to maintain the richness of soil nutrients for healthy plant development can impel the demand in near future.

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Regional segmentation includes North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. In 2016, Asia Pacific dominated the market and accounted for around 59.1% of market share. It is estimated to grow at a CAGR of nearly 5.5% through to 2025. High demand for diversified food attributed to rising population in countries such as India and China are expected to boost demand for phosphate fertilizers during the forecast period. India is predicted to be the second largest consumer and importer of diammonium phosphate (DAP) fertilizers.

In Central and South America, countries such as Brazil followed by Argentina, Chile, and Columbia dominated the phosphate fertilizers market in 2016. Changing dietary patterns coupled with increasing population are likely to fuel demand for various food products in the region. This, in turn, is expected to influence overall market growth during the forecast period.

Some of the leading companies operating in the market for phosphate fertilizers are Diammonium Phosphate, Israel Chemicals Limited, Coromandel International Limited, The Mosaic Company, and EuroChem Group AG. Most companies are expected to adopt advanced production technologies to offer quality food products to match the improving standard of living. In addition, most companies are expected to manufacture products using phosphate additives for wide range of food applications.

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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