Cryotherapy Market Get Facts About Business Strategies by 2024|Top Industry Players Metrum Cryoflex, CooperSurgical, Inc.

San Francisco, 24 October 2018: The global cryotherapy market was valued at USD 2.5 billion in 2015 and is expected to reach a value of USD 5.6 billion by 2024. This growth is majorly attributed to the rising demand for minimally invasive procedures and the surging prevalence of skin, retinoblastoma, prostate, and cervical cancer, and others. Minimally invasive cryosurgery provides various advantages over conventional surgery such as less pain, fewer scars and complications, and shorter hospital stay.

Cryosurgery is considered an advantageous option for inoperable patients or patients who are nonresponsive to treatment. Various cancer types including prostate, retinoblastoma, and cervical cancer are remediable with cryotherapy. According to the National Cancer Institute in the U.S., in 2013, over 14.1 million people were suffering from cancer. It is estimated that in 2016, more than 168,000 new cancer cases will be diagnosed in the U.S. Also, in 2013, more than 17,600 men in the U.S. were diagnosed with prostate cancer and it is estimated that this number will progressively grow in the near future. As a result of these cancer cases the market is expected to experience an upsurge.

Furthermore, in addition to the presence of untapped opportunities in the developing economies, such as China and India, the increasing investment in the healthcare sector is projected to propel the growth of this sector.

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Further Key Findings from the Study Suggest:

·       The cryosurgery was the largest grossing segment in 2015 and is expected to maintain its position during the forecast period. The U.S. was a major contributor of this vertical. Innovation in surgical technologies and its rising demand in the developing economies will be a vital factor contributing to the sector growth

·       The cryogun segment is expected to lead this market in terms of revenue during the forecast period. The growth is attributed to its high use in therapy and product advancement. For instance, TrackerCam is an advanced cryogun device, which is equipped with an in-built camera, enabling physicians view the lesion area with greater clarity to perform accurate cryosurgical procedures

·       North America held over 35% of the market share of the global cryotherapy vertical in the year 2015. This region is projected to maintain its dominance throughout the forecast period. Well-developed healthcare infrastructure and availability of advanced technology and skilled professionals is anticipated to impel the demand for cryotherapy during the forecast period

·       The Asia Pacific region is projected to be the fastest growing regional market. Growing healthcare awareness in the fast emerging economies of India and China is mainly propelling the demand for cryotherapy products in the Asia Pacific region

·       This vertical involves several global as well as local players with some of the major participants being CryoConcepts LP, Brymill Cryogenic Systems, Metrum Cryoflex, CooperSurgical, Inc., CORTEX TECHNOLOGY, Cryoalfa, Erbe Elektromedizin, GmbH, Galil Medical, Inc., Mectronic Medicale, S.r.l, Medtronic, PHYSIOMED ELEKTROMEDIZIN, AG, Sanarus, Special Medical Technology Co., Ltd., Wallach Surgical Devices, and Zimmer MedizinSystems

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Grand View Research has segmented the cryotherapy market by therapy type, device type, application type, and region:

Cryotherapy Market Therapy Type Outlook (Revenue, USD Million, 2013 - 2024)

·         Cryosurgery

·         Icepack Therapy

·         Chamber Therapy

Cryotherapy Device Type Outlook (Revenue, USD Million, 2013 - 2024)

·         Cryoguns

·         Cryo probes

·         Gas cylinders

·         Others ( Cryo chambers, gas pressure gauges, and thermocouple devices)

Cryotherapy Application Type Outlook (Revenue, USD Million, 2013 - 2024)

·         Oncology

·         Cardiology

·         Dermatology

·         Pain management

·         Others (ophthalmology and gynecology )

Cryotherapy Market Regional Outlook (Revenue, USD Million, 2013 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and 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

Hydrophilic Coatings Market is Estimated to Hit at a Rapid CAGR of 5.2% by 2025: Grand View Research Inc.

San Francisco, 23 October 2018: According to a report published by Grand View Research, Inc.; the hydrophilic coatings market is expected to reach a valuation of around USD 17.74 billion by 2025.

Increasing demand in automotive and medical application can propel the market during the forecast period (2014 to 2025).

Demand for product is high in medical devices and equipment industry. These coatings form a lubricious surface, which reduces stiction in medical devices and minimizes the chances of infection. This is expected to boost the product demand in the coming years. These coatings are extensively used in making of mirrors and windshield of the vehicles. The surface wettability of materials helps to ensure the safety and comfort of the drivers in hostile weather conditions. Additionally, these coating creates a decent water run-off, therefore used in evaporators of automotive systems. This is expected to increase its demand in automobiles.

Worldwide hydrophilic coatings market can be segmented on the basis of substrate and application. As per substrate, the market can be classified into polymers, glass, metal, nanoparticles, and others.

The nanoparticles segment is expected to grow at a CAGR of 5.2% during the forecast period. Increasing developments and use of nanotechnology and nanomaterials in application industries dur to their greater physical, chemical, electronic, biomedical, and optical characteristics is likely to drive the segment growth. The polymer substrate estimated for 34.7% of the revenue share in 2016 due to their low cost and characteristics such as versatility, lightweight, high durability, and flexibility. The aluminum segment is expected to grow on account of growing use in manufacturing of automobile components and medical equipment. In 2016, the demand for the coatings for glass substrate segment was valued at USD 1,665.5 million due to use of hydrophilic glass in the manufacturing of optical lenses, mirrors, eyeglasses, and instruments applicable in humid environments.

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Based on application, the market can be categorized into automotive, aerospace, optical, medical devices and equipment, marine, and others.

The medical devices and equipment segment is anticipated to expand a CAGR of over 6.2% during the projected period. These coatings are highly useful in manufacturing of guidewires, catheters, and syringes. In 2016, automotive segment estimated for 21% share of total revenue. This segment is likely to grow at a CAGR of 5.6% during the forecast period. Use of these coatings on metal, glass, and polymer substrate in this industry. These coatings are applied to mirrors, glass of windshield, and vehicle body. The optical segment is expected to show slow growth due to its less utilization. Increasing application of hydrophobic coatings is expected to hinder the growth of the segment and market. The aerospace segment is anticipated to grow at a CAGR of 4.6%. These coatings are applied on aircrafts for creating a smooth outer surface and providing additional protection.

Geographically, the market can be divided into North America, Asia Pacific, Europe, Central and South America, and Middle East & Africa.

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Asia Pacific is anticipated to exhibit rapid growth in terms of revenue with a CAGR of over 6.2% during 2016 to 2025. Factors such as increasing investment in the development of medical infrastructure, rise in manufacture of medical devices can have positive impact on the market. In addition, growing production of automotive in emerging countries such as India and China are expected to boost the product demand in this region.

In 2016, Europe reported as the second largest market and is estimated for over 25% of overall market. The market becomes dynamic after BREXIT and expected to have negative impact on the market. Since the U.K. is one of the attractive markets for these products. The manufacturers are also shifting their focus on other regions such as Asia Pacific and Middle East.

Some of the leading companies operating in the market include Abbott Laboratories Inc.; Corning Inc.; Biocoat, Inc.; Harland Medical Systems Inc.; and Aculon, Inc.

The major participants in the market provides customized services. Since the chemical composition of these coatings changes according to its application.

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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

Hospital Linen Supply and Management Services Market Size is Anticipated to Reach $9.4 Billion by 2025: Grand View Research Inc.

San Francisco, 23 October 2018: According to a report by Grand View Research, Inc., global hospital linen supply and management services market is anticipated to value USD 9.4 billion by 2025. Growing requirement for advanced arrangements in hospitals and other medical centers to maintain hygiene can surge demand for hospital linen supply and management services. These services are likely to provide all sorts of clean linen products required in hospitals and diagnostic centers to prevent possible infections among patients.

Growing number of geriatric population liable to chronic diseases such as arthritis, cancer, and cardiovascular diseases (CVD) can influence growth of market. Rising trend to outsource linen supply and management services among hospitals can spur market growth over next few years. Rising number of patients visiting hospitals and other diagnostics centers for medical treatment can augment demand for clean and hygienic beddings preventing possible infections. This, in turn, can augment growth of market over the forecast period (2018 to 2025). 

The hospital linen supply and management services market can be segregated on the basis of product, material, end-use, provider, and region. Based on product, the market can be categorized into blankets, bed covers, bed sheet & pillow covers, and bathing & cleaning accessories. In 2016, pillow covers and bedsheet segments are expected to dominate the market and account for largest market share. Increasing number of hospital beds in hospitals and implementation of hygiene policies can fuel growth of market.

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Based on material, the market can be bifurcated into non-woven and woven. In recent years, woven material held largest market share. However, non-woven material is likely to witness highest growth over the forecast period attributed to increasing use of advanced technologies to manufacture high-quality linen materials. Non-woven material is expected to be made from staple fiber and long fiber, which is bonded by chemical, heat, and mechanical treatment. In healthcare sector, these methods can be used to manufacture surgical gowns, surgical masks, caps, gloves, and bath wipes. 

Based on end-use, the market can be classified into diagnostic centers, standalone clinics, and hospitals. In 2016, hospitals segment dominated the market and accounted for largest market share. It is expected to grow at similar pace over the forecast period owing to rising number of hospital beds and public & private settings. In addition, hospitals are likely to have tie-ups with companies for blankets, pillow covers, and linen sheets. Moreover, rising number of healthcare settings collaborating with third parties to capitalize on high demand for linen supply can boost market growth during the forecast period.  

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Based on service provider, the market can be segmented into contractual and in-house. Contractual service provider segment is expected to grow fast during the forecast period attributed to growing awareness regarding hygiene and cleanliness by healthcare professionals and individuals. In addition, these solutions are likely to support healthcare facilities in maximizing utilization of internal resources and reduce additional costs.

On the contrary, in-house segment is expected to witness steady growth during the forecast period owing to reliability. This segment can include dry cleaning, washing, and maintenance of linen within premises of hospitals, standalone clinics, and diagnostic centers. Such facilities are expected to be more reliable and can save time & money. In addition, they can also offer long-term return on investments while maximizing efficiency in terms of laundry.

Regional segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA). In 2016, North America dominated the market and accounted for largest market share. High prevalence of major market players coupled with stringent healthcare policies regarding safety and hygiene can fuel growth.

Similarly, Asia Pacific is likely to witness fastest growth during the forecast period attributed to improving healthcare conditions, massive population base, and untapped market potential. In India most hospitals are expected to have contracts with third parties to manage linen and laundry requirements. In addition, rising demand for superior linen clothing in hospitals attributed to growing awareness among patients regarding hygiene and protection against hospital acquired infections (HAI) can fuel growth.

Some of the leading companies offering hospital linen supply and management services are Emes Textiles Pvt. Ltd.; Unitex Textile Rental Services, Inc.; Angelica Corporation; E-town Laundry Company, and Tetsudo Linen Service.

Access Press Release of Hospital Linen Supply and Management Services Market@ www.grandviewresearch.com/press-release/global-hospital-linen-supply-management-services-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

Algae Oil Market to Reach $2.09 Billion by 2025| Key Industry Participants Algix, LLC, and Cellana Inc

San Francisco, 23 October 2018: The global algae oil market is expected to reach USD $2.09 billion by 2025, according to a new report by Grand View Research, Inc. Rising algae oil use in biofuel applications such as biodiesel, jet fuel, aviation fuel, and gasoline, will augment growth over the next nine years.

The algae oil is being employed in food & beverage applications as a natural source of omega-3, fatty acids, antioxidants, and proteins. Rising demand from the food & beverage sector on account of its low fat content is expected to have positive impact on the market. Growing awareness about the naturally obtained supplements is expected to fuel its demand in the dietary supplement market which in turn will fuel the overall market growth.

Rising demand from the animal feed sector can be attributed to its higher nutritional content as compared to the grain feed. The algae production & harvesting requires comparatively lower amount of water & land as compared to the land crops grown for animal feed. These factors would cumulatively drive the market from 2015 to 2025.

However, the higher price of algae oil than conventional oil may challenge the market growth over the forecast period. Apart from this, specific parameters required for the growth of algae, which imply a high production cost, results in increased product price. These factors may restrain the industry development over the forecast period.

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Further key findings from the report suggest:

·       The global market is expected to grow at a CAGR of 4.3% from 2016 to 2025 on account of increasing use in the biofuel application

·       Food & beverage as an application of the algae oil will witness fastest growth in terms of revenue at a CAGR of over 5.0% from 2016 to 2024 owing to its use as natural source of omega-3

·       North America market is expected to witness significant development and was estimated at over USD 465 million in 2015 on account of rising demand from the food and beverage sector

·       Key participants include TerraVia Holdings, Inc, Diversified Energy Corporation, Algix, LLC, and Cellana Inc. Key companies are focused on providing algae oil at affordable pricing structure to increase their global presence

·       In January 2017, TerraVia Holdings, Inc obtained approval for Whole Algal Protein ingredient for food use in Canada and this regulatory approval would enable the company to sell its various algae food products across North America.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the global algae oil market on the basis of grade, application and region:

Algae Oil Market, Grade Outlook (Volume, Gallons; Revenue, USD Million, 2014 - 2025)

·         Fuel Grade

·         Food Grade

·         Feed Grade

Algae Oil Market, Application Outlook (Volume, Gallons; Revenue, USD Million, 2014 - 2025)

·         Biofuel

·         Dietary Supplement

·         Food & Beverage

·         Animal Feed

Algae Oil Market, Regional Outlook (Volume, Gallons, Revenue, USD Million, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    India

·         South & Central America

o    Brazil

·         Middle East and Africa

Access Press Release of Algae Oil Market@ www.grandviewresearch.com/press-release/global-algae-oil-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

Photocatalyst Market Expected to Witness a CAGR of 11.5% through 2025| Top Industry Players KRONOS Worldwide, Inc., CRISTAL, TiPE

San Francisco, 23 October 2018: The global photocatalyst market is expected to reach USD 4.58 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for photocatalysts as a self-cleaning material in construction industry owing to their low maintenance cost is expected to propel growth.

At present, the industry is in its nascent stage, with few manufacturers. Japan is expected to lead the industry, owing to the early adoption of the technology. In addition, high investment in R&D pertaining to the product coupled with several patents by the Japanese researchers are key factors contributing to the high growth.

The industry was dominated by the TiO₂ photocatalysts, owing to early research on this product. However, initiatives taken by the manufacturers to develop innovative photocatalysts materials using zinc oxide (ZnO), and cadmium sulfide (CdS) is likely to challenge the existing material and open new avenues for the industry growth over the projected period.

The product has the ability to decompose organic compounds, which makes them suitable for air purification and water treatment application. Furthermore, in building and construction, the technology through its self-cleaning mechanism acts as a barrier for dust and stains, which is expected to propel growth over the next eight years.

High initial investment in the commercial manufacturing of photocatalysts coupled with proprietary on the existing technology by the manufacturers and researchers are expected to be the key barriers for the new entrants. However, wide scope in R&D for innovative technology development is expected to compel new players to invest in the business.

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Further key findings from the report suggest:

·       Titanium dioxide accounted for over 85% of the global demand as the compound is inexpensive, and has a high chemical stability on account of which it is a preferred material as a photocatalyst in several application industries

·       Self-cleaning application dominated the industry and is expected to be the fastest growing application, accounting for 51.9% of the overall demand in 2016 owing to its superior property including eliminating unwanted plants

·       The demand in Europe was valued at USD 400.8 Million in 2016 and is expected to witness significant growth over the projected period owing to economic recovery and growing building & construction industry in the region

·       Japan is projected to witness a growth of 9.2% over the forecast period with the industry growth primarily driven by self-cleaning owing to increasing technological advancements in the sector

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Grand View Research has segmented the photocatalyst market on the basis of material, application, and region:

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

·         Titanium Dioxide

·         Zinc Oxide

·         Others

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

·         Self - Cleaning

·         Air Purification

·         Water Purification

·         Others

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

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Japan

·         Rest of Asia Pacific

o    China

o    India

·         Rest of World

Access Press Release of Photocatalyst Market@ www.grandviewresearch.com/press-release/global-photocatalyst-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