Medical Sensors Market Expected to Witness a Sustainable Growth over 2024: Grand View Research Inc.

San Francisco, 1 March 2019: The Report Medical Sensors Market Analysis, By Product (Pressure Sensors, Temperature Sensors, Image Sensors, Accelerometers, Biosensors, Flow Sensors, SQUID Sensors), By Application Area (Surgical, Diagnostic, Therapeutic, Monitoring), By End-use (Hospitals, Physician Offices, Nursing Homes, Home Healthcare) And Segment Forecasts To 2024

The medical sensors market is expected to reach USD 18.5 billion by 2024, according to a new report by Grand View Research, Incite upsurge in the number of patients afflicted with chronic conditions, such as diabetes and hypertension, is fueling the usage of monitoring as well therapeutic devices, thus boosting the market demand. 

The target population for this market is patients with chronic illnesses, as such conditions necessitate regular checkups and intermittent or continuous patient monitoring. The rise in population of chronically ill patients further increases the uptake of the medical sensors. 

The geriatric population is highly prone to developing chronic disorders and they pose a higher risk of developing age-related deformities and complications. Moreover, the adoption of unhealthy food habits and sedentary lifestyles and the resultant surge in the incidence of obesity has led to the increasing prevalence of lifestyle disorders including diabetes. The presence of a large target population base combined with the prevalence of lifestyle-related risk factors is likely to accelerate the growth of the medical sensors market during the forecast period. 

Technological advancements in terms of accuracy, portability, and affordability associated with the new generation medical sensors resulted in the increased usage of these devices; for instance, the introduction of easy-to-operate, home-based diagnostic kits that are cost effective.  

Access Research Report of Medical Sensors Market @ www.grandviewresearch.com/industry-analysis/medical-sensors-market

Further key findings from the study suggest: 

·       The biosensors products segment held a lucrative share of over 40.0% in 2015. This is ascribable to the following attributes of the novel biosensors: durability, reliability, and accuracy. Moreover, their applications in the healthcare areas, such as the detection of drug abuse, glucose monitoring for diabetes, the detection of cholesterol, and others. All these elements governed the growth of this segment in 2015. 

·       The surgical applications of the sensors dominated the market in 2015. Whereas, the monitoring applications segment is projected to be the fastest growing during the forecast period. Advancements, such as wearable technology are anticipated to boost the demand for the monitoring devices market. 

·       The hospitals registered a remunerative growth in 2015; this can be attributed to the presence of a well-developed healthcare infrastructure, which yields faster and accurate diagnosis. Moreover, the availability of well-equipped infrastructure coupled with the presence of skilled personnel and technologically advanced equipments contribute towards the lucrative growth of this segment. 

·       North America held a considerably large share of over 35.0% in 2015 owing to the presence of leading sensor manufacturers, a well-planned medical reimbursement network, and the increasing disposable income 

·       On the contrary, Asia Pacific is anticipated to be the fastest growing region with a CAGR of over8.0% over the forecast period. The favorable economic developments and the advancing healthcare system with the aid of supportive government initiatives are anticipated to further assist the growth. Moreover, the increasing base of the aging population in this region also, additionally impels the demand. According to the report published by the Ministry of Statistics, in India, 8.6% of the total population is aged above 60; hence, presenting a profitable opportunity for the market players to invest in this region. 

·       The leading players of the medical sensors market include Analog devices, Inc., Avago technologies Ltd., Danaher Corporation, GE Measurement &Control Solutions, Inc., Honeywell International, Inc., Stellar technologies, Inc., OmniVision Technologies, Inc., Sensation AG, TE Connectivity Ltd., Micro-Epsilon Messtechnik GmbH Co. & KG, and NXP Semiconductors N.V. 

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

Grand View Research has segmented the medical sensors market on the basis of product, application area, end-use, and region.

Global Medical Sensors Market, by Product, Revenue, 2013 - 2024 (USD Million)

·         Pressure sensors

·         Temperature sensors

·         Image sensors

·         Accelerometers

·         Biosensors

·         Flow sensors

·         SQUID sensors

·         Others

Global Medical Sensors Market, by Application, Revenue, 2013 - 2024 (USD Million)

·         Surgical

·         Diagnostic

·         Therapeutic

·         Monitoring

·         Others

Global Medical Sensors Market, by End-use, Revenue, 2013 - 2024 (USD Million)

·         Hospitals

·         Physician offices

·         Nursing home

·         Home healthcare

·         Others

Medical Sensors Market, by Region, Revenue,  2013 - 2024 (USD Million)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

Access Press Release of Medical Sensors Market@ www.grandviewresearch.com/press-release/global-medical-sensors-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

Bicycle Market is anticipated to rise at a CAGR of 6.1% from 2017 to 2025: Grand View Research Inc.

San Francisco, 28 February 2019: The Report Bicycle Market Size, Share & Trends Analysis Report By Product (Mountain, Hybrid, Road), By Technology (Electric, Conventional), By End User (Men, Women, Kids), By Region, And Segment Forecasts, 2018 - 2025

The global bicycle market size is expected to reach USD 75.47 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.1% over the forecast period. Increasing adoption of cycling as a form of leisure and awareness regarding the health benefits associated with cycling are expected to bolster market growth. Bicycles are being preferred for short distance commutes as they save considerable time as compared to other vehicles. Moreover, limited parking spaces and growing traffic congestions are prompting people to reconsider bicycles as a primary commute option.

Rising emphasis on the use of non-polluting vehicles for short distance commutes by the governments across the world is anticipated to positively influence market growth. The fact that bicycles do not emit any pollutants is projected to drive their demand in near future.

The road bicycle is expected to emerge as the fastest-growing segment over the forecast period. Road bicycles happen to be the most basic bicycles that people prefer owing to their ease of use. These cycles do not require any sophisticated equipment required by mountain and hybrid bicycles. This factor is anticipated o bode well for growth over the forecast period.

Access Research Report of Bicycle Market@ www.grandviewresearch.com/industry-analysis/bicycle-market

Further key findings from the report suggest:

·         The global bicycle market is growing significantly as bike sharing companies, particularly in Europe and Asia, are investing aggressively in expanding their operations

·         Mountain bicycle segment is anticipated to expand at a CAGR exceeding 4% over the forecast period. Rising popularity in line with the increasing media coverage for mountain bicycle racing events and the establishment of new mountain biking circuits are expected to drive the growth

·         Apart from being easy to use, electric bicycles can potentially shorten the journey time. Moreover, advances in battery technology have resulted in the advent of lighter rechargeable batteries that can support longer journeys. These factors are attributed to the growth of the electric bicycle segment

·         The number of men opting for bicycle commutation was higher than that of women and kids in 2017. The men segment is expected to expand significantly at a CAGR of over 5.0% over the forecast period as men would continue to outnumber women and kids in terms of opting for bicycle commutation

·         Asia Pacific was the dominated the market in 2017 with a market share exceeding 25% in terms of revenue. Governments in Asian nations, particularly Japan, China, and Singapore among others, are investing aggressively in establishing the infrastructure necessary to encourage and support bicycle commutation

·         Leading incumbents of the bicycle market are Accell Group, Dorel Industries, Giant Bicycles, Merida, and Trek Bicycles among others. They dominated the market in 2017 leveraging a continuous emphasis on expanding their market share through mergers and acquisitions.

Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global bicycle market based on product, technology, end user, and region:

Bicycle Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Mountain Bicycle

·         Hybrid Bicycle

·         Road Bicycle

·         Others

Bicycle Technology Outlook (Revenue, USD Million, 2014 - 2025)

·         Electric

·         Conventional

Bicycle End User Outlook (Revenue, USD Million, 2014 - 2025)

·         Men

·         Women

·         Kids

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

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Bicycle Market@ www.grandviewresearch.com/press-release/global-bicycle-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

Solar cell market Hit at a CAGR of 25.5% in terms of revenues from 2015 to 2022: Grand View Research Inc.

San Francisco, 28 February 2019: The Report Solar Cell Market Analysis By Product (Silicon Wafer, Monocrystalline, Multicrystalline, Cadmium Telluride, Copper Indium Galium Selenide, Amorphous silica), And Segment Forecasts To 2022

Global solar cell industry is expected to reach over 1,087.0 GW by 2022 owing to increasing demand for electricity coupled with rising consumer awareness regarding environmental benefits of renewable energy sources. Stringent government regulations in various economies to encourage use of solar energy through incentives and feed-in-tariffs is also anticipated to drive demand over the forecast period. 

Technological advancements have led to efficient performance and reduction in manufacturing cost of the cells which is expected to fuel growth. Moreover, rising demand for eco-friendly energy sources in order to reduce dependence on fossil fuels and achieve energy security is expected to propel growth over the next seven years. 

Access Research Report of Solar cell market@ www.grandviewresearch.com/industry-analysis/solar-cell-market

Increasing demand for PV systems in residential, utility and commercial applications is expected to have a positive impact on the industry. Increasing government support coupled with rising R&D investments in the sector is projected to propel growth. In addition, rapid development in the industrial sector together with growing infrastructure improvements particularly in emerging economies is forecasted to fuel product utilization over the next seven years. 

Multicrystalline and monocrystalline which form the silicon wafer segment contributed to an overall market share of approximately 90.0% of aggregated installation capacity in 2014. 

In 2014, monocrystalline silicon wafer market reached over 57.0 GW. Industry players are expected to have ample growth opportunities in the market owing to increasing utilization of the product in developed nations. Properties of monocrystalline solar cells including stability, high efficiency and compact design is expected to propel demand over the next seven years. Research and development aimed at incorporating magnetic nanoparticles in manufacturing solar cells owing to enhanced performance is anticipated to open new avenues over the forecast period. 

Emerging economies including China, Indonesia, India and Japan are expected to experience significant growth inthe market owing to supportive government programs and policies over the next seven years. 

Multicrystalline silicon cells are projected to witness rapid growth exceeding 25.0% in the forecast period owing to simple production process leading to reduced costs. Asia Pacific is expected to be a major market for multi crystalline solar cell owing to rising demand for multi crystalline solar cells in residential and commercial applications and increasing consumer awareness regarding cost efficiencyof the product. 

UAE is one of the major markets for solar cells in MEA owing to reliable operation and cost benefits of the product.Impressive aesthetic exteriors and flexibility offered by photovoltaics is estimated to propel thin film solar cell market over the next seven years.

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

Grand View Research has segmented the global solar cell market on the basis of product and region:

Global Solar Cell Product Outlook (Installed capacity, GW, 2012 - 2022)

·         Silicon Wafer

o    Monocrystalline

o    Multicrystalline

·         Thin Film

o    Cadmium Telluride

o    Amorphous silicon

o    Copper Indium Gallium Selenide

Access Press Release of Solar cell market@ www.grandviewresearch.com/press-release/global-solar-cell-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

Big Data Market to Reach Around USD 123.2 Billion by 2025: Grand View Research Inc.

San Francisco, 27 February 2019: The Report Big Data Market Analysis By Hardware (Storage, Server, Network Equipment), By Service (Consulting, Maintenance, Training & Development), By End-Use (BFSI, Manufacturing, Retail, Gaming, Telecom), By Region & Segment Forecasts, 2018 - 2025

The global big data market is expected to reach USD 123.2 billion by 2025, according to a new report by Grand View Research, Inc. The amount of data flowing across organizations has witnessed enormous growth over the last few years and the trend continues. Evolving consumer demands coupled with contracting budgets are impacted by the proliferating data, which puts considerable pressure on organizations to make the right decision in order to seize a competitive advantage.

Big data solutions enable organizations to effectively manage large data volumes thereby reducing cost. Additionally, these solutions also facilitate companies to overcome frauds, streamline critical business processes, and reduce errors. Further, the growing need to manage and monitor the heterogeneous nature of the data generated from web clicks to satellite data is also anticipated to significantly propel the industry growth over the next few years.

Increased adoption of cloud computing has generated a large amount of data on account of rapid technological advancements and increased connectivity, owing to smartphone proliferation. Thus, the big data industry is estimated to witness a high demand in order to keep pace with this data explosion. However, lack of skilled manpower including data analysts and data scientists that are required to leverage big data capabilities is expected to hamper the demand. There exists a huge requirement for professionals who are capable of exploiting big data analytics in order to make valuable decisions.

Access Research Report of Big Data Market@ www.grandviewresearch.com/industry-analysis/big-data-industry

Further key findings from the report suggest:

·       The network equipment segment is expected to witness a healthy growth at a CAGR exceeding 20% over the forecast period, owing to the reinforcement of new network infrastructures in order to offer enhanced security.

·       The visualization segment emerged as the fastest growing software segment over the forecast period, which is ascribed to the elevating demand for visuals to represent the analyzed data and convey exact interpretation to consumers.

·       Media & entertainment and gaming captured a sizeable share exceeding 5% of the overall revenue, which is attributed to the growing number of companies seeking to escalate the value of their assets by integrating creativity with technological breakthroughs.

·       North America accounted for a sizeable revenue share exceeding 30% in 2015, which is attributed to the high penetration, primarily, across the IT & telecommunication, BFSI, and retail sectors.

·       Notable industry players, such as IBM, HP, Cloudera, and Oracle, are gradually investing in R&D, for developing unified big data solutions that offer increased capabilities. These players rely on developing innovation-led solutions to increase productivity and reduce cost in an attempt to attract new customers.

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

Grand View Research has segmented the big data market based on hardware, software, service, end-use, and region:

Big Data Hardware Outlook (Revenue, USD Million; 2014 - 2025)

·         Storage

·         Server

·         Network Equipment

Big Data Software Outlook (Revenue, USD Million; 2014 - 2025)

·         Analytics

·         Database

·         Visualization

·         Distribution Tools

·         Others

Big Data Service Outlook (Revenue, USD Million; 2014 - 2025)

·         Consulting

·         Deployment & Maintenance

·         Training & Development

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

·         BFSI

·         Manufacturing

·         Retail

·         Media & Entertainment

·         Gaming

·         Healthcare

·         Telecommunication

·         Government

·         Others

Big Data Regional Outlook (Revenue, USD Million; 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         The Middle East & Africa

Access Press Release of Big Data Market@ www.grandviewresearch.com/press-release/global-big-data-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