Bathroom and Toilet Assist Devices Market Technological Advancement and Growth Rate by 2025

The global bathroom and toilet assist devices market size is expected to reach USD 6.0 billion by 2025 at a 6.2% CAGR, according to a new report by Grand View Research, Inc. Growth in prevalence of chronic diseases, coupled with aging population, has resulted in a rise in individuals with various disabilities. This has significantly driven the global market.

Aging demographics has created a demand for old-age homes and long-term care centers, both of which drive demand for bathroom and toilet assist devices. In addition, rising disposable income and government support toward home healthcare is supporting market growth.

On the other hand, longer product life cycle is primarily challenging the growth of the market. In addition, reusability of these devices is restraining revenue generation. However, growth in demand for these devices is predicted to lower the effect of the above-mentioned factors. 

Access Research Report of Bathroom and Toilet Assist Devices Market @:

www.grandviewresearch.com/industry-analysis/bathroom-toilet-assist-devices-market

Further key findings from the report suggest:

·       Commodes emerged as the largest product segment as a result of the many benefits offered such as improved adjustability, enhanced ease, and flap on seats

·       Bath lifts and aids form the fastest growing segment owing to increase in number of patients with spinal injuries, which has spurred demand for various forms of mobility assist devices

·       North America dominated the market in terms of revenue in 2016. Improved awareness regarding commercially available assist devices and increasing disposable income are propelling revenue generation in the region

·       Europe is projected to witness swift growth during the forecast period owing to speedy adoption of advanced bathroom and toilet assist devices for patients with disabilities, to facilitate and reduce mobility issues

·       Key players include ArjoHuntleigh; Medical Device Depot; Carex Health Brands; Juvo Solutions; Bischoff & Bischoff GmbH; Invacare Corporation; Prism Medical; Sunrise Medical LLC; and GF Health Products, Inc.

Grand View Research has segmented the global bathroom and toilet assist devices market on the basis of product and region:

Bathroom and Toilet Assist Devices Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Shower Chairs and Stools

o    Shower Chairs

o    Shower Stools

o    Others

·         Bath Lifts

o    Fixed Bath Lifts

o    Reclining Bath Lifts

o    Lying Bath Lifts

o    Others

·         Toilet Seat Raisers

·         Commodes

o    Shower and Toilet Commodes

o    Toilet Commodes

·         Handgrips and Grab Bars

·         Bath Aids

Bathroom and Toilet Assist Devices 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

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

o    South Africa

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.

Aortic Valve Replacement Devices Market Witness Excellent Revenue Growth by 2025

The Report Aortic Valve Replacement Devices Market Size, Share And Trends Analysis Report By Surgery (Open, Minimally Invasive), By Product (Transcatheter Aortic Valve, Sutureless Valve), By End-user, And Segment Forecasts, 2018 - 2025

The global aortic valve replacement market size is expected to reach USD 13.49 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 11.1% during the forecast period. Technological advancements in aortic valves and favorable reimbursement policies are boosting the growth of the market. Rising demand for minimally invasive surgeries is also triggering the growth of the market.

Widening base of geriatric population is one of the key growth stimulants. As per data published by Medicare and Medicaid services, the number of aortic stenosis patients over 65 years of age is constantly increasing in the U.S. Thus, rising incidence of aortic stenosis coupled with improving treatment rates is expected to bolster the growth of the market over the forecast period. In addition, growing preference for minimally invasive surgeries is escalating the growth of the market. These procedures cause lesser trauma to patient along with better outcomes and facilitate faster recovery than conventional open-heart surgeries. MIS requires relatively lesser number of hospital stays and is hence economically more viable than conventional invasive surgeries.

Favorable reimbursement policies are one of the crucial factors anticipated to drive the market in the near future. Centers for Medicare & Medicaid Services (CMS) announced that it would provide coverage for TAVR under the Medicare National Coverage Determination policy. Moreover, increasing number of clinical studies undertaken by key players for extending interventional scope, analyzing safety of devices, and assessing subsequent treatment alternatives is also working in favor of the market. However, product recalls due to safety concerns are projected to inhibit the growth of the market.

Access Research Report of Aortic Valve Replacement Devices Market @ www.grandviewresearch.com/industry-analysis/aortic-valve-replacement-devices-market

Further Key Findings From the Report Suggest:

·       Minimally invasive surgeries emerged as the leading surgery type owing to various advantages associated with them, such as limited trauma, quicker recovery, and cost-effectiveness

·       The transcatheter valve segment accounted for the largest revenue share in 2017 due to rising number of clinical studies for expanding their applications

·       In terms of end users, hospitals were the dominant revenue contributor in 2017 and ambulatory surgery centers (ASCs) are expected to exhibit remarkable CAGR over the forecast period

·       North America emerged as the largest regional market with a revenue share of 41.9% in 2017 and Asia Pacific is anticipated to post the highest CAGR over the forecast period

·       Themarket is highly fragmented in nature. Some of the prominent companies operating in the market are Edwards Lifesciences Corporation, Boston Scientific Corporation, St. Jude Medical, CryoLife, Medtronic, and LivoNova.

Grand View Research has segmented the global aortic valve replacement market on the basis of surgery, product, end user, and region:

Aortic Valve Replacement Devices Surgery Outlook (Revenue, USD Million, 2014 - 2025)

·         Open surgery

·         Minimally invasive surgery

Aortic Valve Replacement Devices Product Outlook (Revenue, USD Million, 2014 - 2025)

·         Transcatheter aortic valve

·         Sutureless valve

·         Others

Aortic Valve Replacement Devices End-user Outlook (Revenue, USD Million, 2014 - 2025)

·         Hospitals

·         Ambulatory surgery centers

·         Others

Aortic Valve Replacement Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

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.

Cryotherapy Market to Witness Steady Growth at 9.7% CAGR During the forecast Period

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.

Access Research Report of Cryotherapy Market@ www.grandviewresearch.com/industry-analysis/cryotherapy-market

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

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

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.

Wireless Charging Market: Precise Analysis on Business Overview, Product Scope and Ongoing Development by 2022

The global wireless charging market is projected to reach USD 22.25 billion by 2022. Increase in the demand for hassle-free charging pads is driven by factors including entangling of charging cable, insufficient availability of electric sockets in public places and malfunctioning ports due to continuous usage. These key factors are expected to increase the popularity of wireless power systems. Adoption of this technology in sectors such as healthcare and military services is expected to offer new horizons for market growth and provide new opportunities to expand. 

Compatibility issues with solution standards set up by wireless charging associations, namely Wireless Power Consortium (WPC) and Air Fuel Alliance, are expected to pose a challenge for the manufacturers and distributors over the coming years. Key market players including Samsung, Qualcomm, and Broadcom act as members of these associations and play a vital role in the development of innovative technologies. 

Inductive technology dominated the market with a share of over 50.0% in 2014 owing to increasing demand from Electric Vehicles (EVs) and widespread application of WPC’s Qi platform in consumer durables and electronics. 

RF technologies are expected to witness rapid growth and capture market share of inductive technology over the forecast period. The major advantage of Resonant technology is its capability to charge multiple devices simultaneously thereby gaining an edge over RF technology which is tailored for small devices such as medical implants and wearables. 

Access Research Report of Wireless Charging Market @ www.grandviewresearch.com/industry-analysis/wireless-charging-market

Consumer electronics accounted for over 60.0% share in 2014 owing to increase in adoption of this technology in tablets and smartphones. The healthcare sector is estimated to witness a growth rate of over 40.0% from 2015 to 2022. Deployment of ultra-small devices such as sensory instruments and cybernetic implants into the body has become a simplified procedure owing to its ability to be charged wirelessly. Extensive R&D related to the development of new methodologies and techniques for wireless charging by numerous organizations namely Stanford University is expected to propel growth over the forecast period. 

Asia Pacific accounted for a significant share of the global market, which can be attributed to rising demand for smart devices such as tablets and smartphones and increase in demand for electric vehicles in the region. Western Europe and the U.S. form the key regional markets on account of growing consumer preference and inclination to spend on quality consumer electronic products designed for the niche segment. Increasing adoption of powering mats and charging hotspots for consumers by global food chains including McDonalds and Starbucks is expected to have a positive impact on demand. 

Africa and Latin America are untapped markets and are projected to observe the high adoption of wireless/cordless charging over the next seven years. The wireless charging market is characterized by huge investments by industry players to enhance and optimize existing functionalities. Key players include Qualcomm, Integrated Device Technology (IDT), PowerbyProxi, Samsung, Broadcom, and WiTricity Corporation. 

Qualcomm introduced a new cordless docking station 802.11ad WiGig dock which can be used with snapdragon 820 processor and initiates powering when docked onto the station. Qualcomm entered into a tie-up with Efacec, which plans to launch powering options for electric hybrid vehicles. WiTricity has developed technologically advanced processes to charging in multiple applications including automotive, consumer electronics, medical and industrial.

Grand View Research has segmented the global wireless charging market on the basis of technology, application, and region:

Wireless Charging Technology Outlook (Revenue, USD Million, 2012 - 2022)

·         Inductive

·         Resonant

·         RF

·         Others 

Wireless Charging Application Outlook (Revenue, USD Million, 2012 - 2022)

·         Automotive

·         Consumer Electronics

·         Industrial

·         Healthcare

·         Defense

·         Others 

Wireless Charging Regional Outlook (Revenue, USD Million, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa (MEA)

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.

Internet of Things market to Register Steadfast CAGR of 15.2% in Terms of Value from 2015 to 2022

The Report IoT Market Analysis By Component (Devices, Connectivity, IT Services, Platforms), By Application (Consumer Electronics, Retail, Manufacturing, Transportation, Healthcare) And Segment Forecasts To 2022

The Internet of Things (IoT) market was worth USD 605.69 billion in 2014 owing to rising requirement for internet connectivity worldwide coupled with technological advancements. The emergence of start-ups in different industries to satisfy growing need of consumers is anticipated to result in increasing venture capital investments. The market is estimated to grow at 15.2 % to reach over USD 1.88 trillion by 2022.

IoT market is projected to increase at a significant pace on account of its ability to improve efficiency and enable new services. IoT connects devices including industrial equipment and consumer electronics through a network that allows users to gather information and manage devices via software. Key factors that are expected to propel future growth include improving connectivity and internet access, data processing requirements and decreasing costs of internet enabled sensors. In addition, the market is likely to witness significant growth opportunities over the forecast period owing to increase in demand for gadgets such as wearable devices and futuristic elements including connected homes, vehicles, and cities coupled together with industrial internet of things (IIoT)

Access Research Report of Internet of Things market @ http://www.grandviewresearch.com/industry-analysis/iot-market

The absence of universally accepted standards that give rise to security and privacy issues are expected to hamper growth in the industry. Moreover, the introduction of stringent rules and regulation in the U.S and Europe to tighten data security and privacy for internet users are anticipated to restrict further market growth.

The global IoT market was dominated by device segment comprising of sensors and modules and contributed to over 30.0% of the overall market in 2014. The device segment is projected to witness significant growth opportunities through introduction of innovative IoT platforms as a substitute for competitor devices such as HomeKit by Apple Inc and Brillo by GoogeInc

A significant revenue share in the IoT market is anticipated to be occupied by the consumer electronics application segment followed by manufacturing and retail. The introduction of new concepts such as connected cars in the transportation sector is expected to propel demand for IoT over the forecast period. In 2014, about 25.0% of the overall industry was acquired by this segment.

Emerging economies such as Japan, India and China are expected to be the key drivers of IoT industry on account of manifestation of major component and technology manufacturers such as Huawei and Samsung coupled with the potential for the high-speed broadband internet. Asia Pacific is thereby projected to grow at a CAGR of approximately 16.0% over the next seven years.

IoT is a dynamic market majorly fuelled by new product developments and enhancements in technology. Organizations are focussing on investing in IoT divisions, innovation labs, and R&D to obtain the first-mover advantage to expand globally and mark their presence. Key companies include major telecom and technology giants such as Alcatel-Lucent, Accenture PLC, Google Inc., Apple Inc., General Electric, IBM, Freescale Semiconductors, SAP SE and Samsung Electronics.

Grand View Research has segmented the global IoT market on the basis of component, application and region:

IoT Component Outlook (Revenue, USD Billion, 2012 - 2022)

·         Devices

·         Connectivity

·         IT Services

·         Platforms

IoT Application Outlook (Revenue, USD Billion, 2012 - 2022)

·         Consumer Electronics

·         Retail

·         Manufacturing

·         Transportation

·         Healthcare

·         Others

IoT Regional Outlook (Revenue, USD Billion, 2012 - 2022)

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         MEA

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.