Structural Health Monitoring Market Witness Excellent Revenue Growth During 2018-2025

The global structural health monitoring market size is estimated to reach USD 4.34 billion by 2025, according to a study conducted by Grand View Research, Inc., rising at a CAGR of 17.3% during the forecast period. Growing investments in infrastructural development and government regulations mandating implementation of sensors and data acquisition systems to monitor structure health are expected to augment the market. Increasing age of existing bridges and dams and rising focus on infrastructural advancements including construction of new bridges, dams, buildings, and stadiums are also providing a push to the market.

Superior infrastructure is essential for regional development and it helps to increase productivity of the private as well as public sectors. Therefore, rapid infrastructural development across the globe is one of the primary growth stimulants for the market. These systems help in reducing cost by removing need for inspection staff and maintenance. Additionally, with ongoing advancements in technology, these systems are being used in applications such as diagnosing vessels and platforms in marine industries, aircraft frames in aerospace and defense, and inspection of large machines.

North America is projected to dominate the market throughout the forecast horizon owing to surging demand from applications such as bridges & dams and buildings & stadiums. However, Asia Pacific is poised to post the highest CAGR of 18.9% during the same period. This is owing to increasing investments in the civil infrastructure sector, along with industries such as aerospace, defense, marine, and manufacturing. Moreover, in 2014, the Chinese government laid down new regulations mandating use of SHM systems while building new architectural structures and bridges. They have restricted replacement time period for an embedded sensor to 20 years and three to five years for a sensor placed on the surface of the bridge. Furthermore, expanding production of oil sands and shale gas in regions such as Africa and Asia are anticipated to stir up the demand for structural health monitoring systems.

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Further key findings from the study suggest:

• The hardware segment is likely to dominate the structural health monitoring market throughout the forecast period owing to higher cost of sensors and data acquisition systems as compared to that of software and services
• In terms of application, the market for structural health monitoring is dominated by bridges & dams and the trend is estimated to continue until 2025. This is due to increasing investments in order to check for health of structures, thus ensuring public safety
• Prominent industry participants include National Instruments Corporation; Structural Monitoring Systems; Digitexx Data Systems, Inc.; and Pure Technologies.

Grand View Research has segmented the global structural health monitoring market based on solution, application, technology, and region:

Structural Health Monitoring Solution Type (Revenue, USD Million, 2015 - 2025)

• Hardware
  • Sensors
  • Data Acquisition Systems
  • Others
• Software & Services

Structural Health Monitoring Application Type (Revenue, USD Million, 2015 - 2025)

• Bridges & Dams
• Building & Stadiums
• Vessels & Platforms
• Airframes & Wind Turbines
• Large Machines & Equipment

Structural Health Monitoring Technology Type (Revenue, USD Million, 2015 - 2025)

• Wired
• Wireless

Structural Health Monitoring Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• 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.

Smart Stadium Market to Incur Meteoric Growth During 2019 to 2025

Smart Stadium Market Growth & Trends

The global smart stadium market size is expected to reach USD 21.00 billion by 2025, expanding at a 20.9% CAGR over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing focus on engaging and entertaining the fans at stadiums, coupled with stringent security regulations framed by sports governing bodies are among the key factors driving the market growth. Additionally, growing demand for data-driven operations and upcoming international and national sports events are anticipated to increase the demand for smart stadiums.

Stadiums across the developing and developed economies are being renovated to offer facilities such as smart parking, fan experience, operational efficiency, enhanced security, and next-generation viewing experience, among others. Smart stadiums include many surveillance solutions, parking solutions, sensors, and digital signs, among other solutions. These solutions deliver real-time information such as in-stadium merchandise pricing, lines at concession stands, and available parking, thus enhancing the fans’ overall experience. Additionally, smart stadiums support green initiatives navigating fans to dispose of waste in dustbins and allowing only disposable items in the stadium.

In 2018, Europe accounted for a majority stake of the smart stadium market, attributed to the high adoption of smart stadium solutions owing to a large number of stadiums across the region. The region has over 1,200 stadiums and has the highest number of professional sports teams and leagues. In 2018, Germany held the majority share in the Europe market.

Asia Pacific, on the other hand, is projected to grow at a considerable CAGR and is anticipated to account for 29.8% of the market revenue in 2025. The strong growth is attributed to the digitalization of sports, increasing penetration of internet and cloud technology, and the emergence of professional leagues in the region. Moreover, sports organizations, including Melbourne Cricket Association, New Zealand Cricket, and Sahara Force India, among others use advanced technologies for hosting tournaments. Singapore, Australia, Japan, India, and China are some of the countries focused on building new smart stadiums and renovating the existing stadiums with improved technology.

Some of the key players operating in the market are Cisco Systems, Inc.; Apple, Inc.; Telefonaktiebolaget LM Ericsson; Fujitsu Ltd.; Fitbit, Inc.; NXP Semiconductors; IBM Corporation; NEC Corporation; Johnson Controls; and Intel Corporation. The market is moderately consolidated owing to the existence of a few solution providers that account for the majority share of the market revenue.

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Smart Stadium Market Report Highlights

• Software segment is expected to continue leading the smart stadium market over the forecast period owing to increasing focus on fan engagement by providing them better experience. The segment is expected to reach USD 12.97 billion by 2025
• On premise segment is estimated to dominate the market over the forecast period. The smart stadium comprises of a large number of cameras, digital signs, and sensors, connected to wireless and wired servers and networks
• Asia Pacific is estimated to expand at a significant CAGR of 23.5% over the forecast period. Emerging countries such as Japan, India, ASEAN, and Australia are swiftly adopting digital technologies in stadiums for enhancing the fan experience and increasing safety and security
• Prominent market players include IBM Corporation; Intel Corporation; NEC Corporation; Cisco Systems, Inc.; Telefonaktiebolaget LM Ericsson; among others

Smart Stadium Market Segmentation

Grand View Research has segmented the global smart stadium market based on component, deployment type, and region:

Smart Stadium Component Outlook (Revenue, USD Million, 2015 - 2025)

• Software
  • Stadium & Public Security
  • Building Automation
  • Event Management
  • Others
• Services

Smart Stadium Deployment Type Outlook (Revenue, USD Million, 2015 - 2025)

• On-Premise
• Cloud

Smart Stadium Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America 
  • US.
  • Canada
  • Mexico
• South America 
  • Brazil
  • Argentina
  • Rest of South America
• Europe 
  • Germany
  • UK.
  • France
  • Italy
  • Rest of Europe
• Asia Pacific 
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• 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.

Workforce Management Market Technological Advancements And Mounting Demand Forecast To by 2025

The global workforce management market size is expected to reach USD 11.09 billion by 2025, according to a new study by Grand View Research, Inc. Globalization, a younger and more diverse workforce, and the growing use of digitalization in day-to-day operations of organizations are anticipated to aid the growth of the workforce management market in coming years. The demand for interaction and integration in daily operations and the necessity to operate as a unified enterprise are further driving technological as well as social advancements in companies worldwide.

Workforce management is a multi-faceted solution which has enabled prominent changes and generated significant paybacks, both in terms of revenue and ease of usage, and it continues to evolve even today. The increasing adoption of mobile devices is expected to play a vital role in the industry as numerous companies have cited a keen interest in enhancing their mobile capabilities in the near future. In addition, the absence & leave management solutions are also anticipated to witness a surge in demand as organizations across the world embrace digital tracking at a rapid rate.

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While the overall demand for workforce management solutions is growing, resistance to change and training employees to adapt to new technologies may act as hindrances in the growth trajectory for a couple of years. The role of management solutions in HR is shifting from administration to planning and analysis wherein the major development focus would be on data gathering and analytical tools. As the industry matures, a greater influx of big data and mobility into mainstream solutions can be expected to define the market direction.

As workforce management solutions continue to gain traction in the industry, there would be a profound effect on the biometric terminals used for time & attendance applications. Furthermore, the adoption of cloud and Software-as-a-Service (SaaS) will also drive the replacement of legacy systems with modern and enhanced solutions to better stimulate workforce integration. To sum up the industry developments, trends such as agility, employee engagement, data gathering and analysis, and the use of HR as a strategic pillar of the organization will propel the market in coming years.

Grand View Research has segmented the global workforce management market based on solution, deployment, company size, application, and region:

Workforce Management Solution Scope (Revenue, USD Million; 2014 - 2025)

• Workforce Scheduling
• Time & Attendance Management
• Embedded Analytics
• Absence Management
• Others

Workforce Management Deployment Scope (Revenue, USD Million; 2014 - 2025)

• Cloud
• On-premise

Workforce Management Company Size Scope (Revenue, USD Million; 2014 - 2025)

• Large Enterprises
• Small and Medium Enterprises (SMEs)

Workforce Management Application Scope (Revenue, USD Million; 2014 - 2025)

• Academia
• Automotive & Manufacturing
• BFSI
• Government
• Healthcare
• Retail
• Others

Workforce Management Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• 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.

Power Electronics Market to Reap Over $39.22 Billion In Revenues by End Of 2025

The global power electronics market is expected to reach USD 39.22 billion by 2025, according to a new report by Grand View Research, Inc. Increased focus on the usage of renewable energy sources has been one of the major factors driving the market. In addition, the development of power infrastructure, coupled with the increasing demand for battery-powered portable devices, has led to the increased adoption of power electronic devices and products across various industry verticals such as power, automotive, communication, aerospace & defense, consumer electronics, and other sectors.

Power electronic devices use switching electronic circuits to regulate the flow of energy. They are also used in alteration of electric power, which is usually performed by the semiconductor devices such as diodes, transistors, and thyristors. Power electronic devices are useful in connecting renewable energy resources with power grids and transportation of energy. They have applications in electric trains, motor drives, and lighting equipment and play a key role by enabling heat sinking and soft starting of the motors.

The power electronics market is extensively consolidated, in terms of applications and materials that are used to produce power electronic devices. The advancements and exhaustive research & development activities in the power devices have enabled the evolution of power electronics. The market possesses significant potential for growth and is dynamic and adaptive in nature. A few highlighting features of the power electronic devices are durability against coarse environmental conditions, extended life (suitable for rugged industrial applications), and better efficiency & reliability.

The power electronics industry has been undergoing continuous developments and up gradations, since its emergence. Several factors, such as the rapid inception of renewable energy sources and rising adoption of electric vehicles & radio communication, are influencing market growth. The adoption of power electronic devices in healthcare systems & instruments and the automotive industry is expected to drive the market over the forecast period.

The Asia Pacific market is expected to grow at the fastest CAGR of 2.0% from 2017 to 2025, owing to the emergence of manufacturing hubs across the continent. Countries, such as China, India, South Korea and Singapore, are expanding their domestic manufacturing activities across various industry verticals, such as consumer electronics, telecommunication, military & defense, and automotive, to strengthen their economies. In addition to this, prominent industry players are investing and establishing production & distribution units to capture the regional markets. All the above-mentioned factors are further providing additional impetus to power electronics market.

However, the power electronics market is facing challenges such as high initial expenditures and deposition of Gallium Nitride (GaN), Gallium Arsenide (GaAs), and Silicon Carbide (SiC) on the silicon materials which is a quite tedious and complex procedure, especially to reach while in high voltage ranges. Expensive & time-consuming processes and complexity issues involved in manufacturing power devices are anticipated to restrain the market growth.

Access Research Report of Power Electronics Market@ www.grandviewresearch.com/industry-analysis/power-electronics-market

Further key findings from the report suggest:

• The global power electronics market was valued at USD 31.48 billion in 2015 and is expected to grow at a CAGR of 2.2% from 2017 to 2025
• The silicon segment emerged as the largest material segment in 2015 and is estimated to generate USD 28.0 billion by 2025
• The Integrated Circuit (IC) segment is projected to exhibit the fastest growth rate over the forecast period
• The industry is projected to witness substantial growth, in the Asia Pacific region, over the next decade, owing to the developments in major and emerging economies (across the ICT, automotive, and consumer electronic sectors) such as China, Japan, South Korea, and India. The regional market is expected to grow at a CAGR of 2.8% from 2017 to 2025.
• The key players, such as Texas Instruments, Inc., Renesas Electronics Corp, Mitsubishi Electric Corp., Fuji Electric Co., Ltd., and Infineon Technologies AG, dominated the global power electronics market and accounted for 60% of the total revenue in 2015

Grand View Research has segmented the global power electronics market based on materials, devices, applications, and regions:

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

• Silicon
• Sapphire
• Silicon Carbide (SiC)
• Gallium Nitride (GaN)
• Others

Device Outlook (Revenue, USD Billion, 2014 - 2025)

• Discrete
• Module
• IC

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

• ICT
• Consumer Electronics
• Power
• Industrial
• Automotive
• Aerospace & Defense
• Others

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

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• 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.

Video Intercom Device Market Projected to Discern Stable Expansion by 2025

The global video intercom devices market size is projected to reach USD 41.07 billion by 2025 registering a CAGR of 12.8% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Rise in the number of residential and commercial buildings is expected to propel the growth of the video intercom device market over the forecast period. The market is witnessing a significant growth owing to innovations in video streaming, and Session Initiation Protocol (SIP). Video intercoms use the internet for data transfer and are also equipped with cameras that offer high-quality imagery and night vision functionality. This has resulted in high demand for such devices in offices and residential apartments for security purposes.

These devices are suitable for managing the security of commercial buildings as they can be integrated with video surveillance systems, access control systems, and security & building management systems. They are widely deployed in automobiles, which is expected to generate significant demand over the forecast period. These systems feature emergency call queuing, paging, and audiovisual identification of visitors, among others. Moreover, they can remotely unlock doors with electric door strike to let visitors enter the house and can broadcast visitors’ information to multiple stations through a standard master station or mobile device application. Furthermore, the audiovisual communication feature allows a resident to recognize the visitor.

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https://www.grandviewresearch.com/industry-analysis/video-intercom-devices-market

Further key findings from the study suggest:

• The door entry systems segment is expected to account for the highest market share in 2025 expanding at the highest CAGR of 13.3% from 2019 to 2025
• Door entry systems function as either audio or video systems. An audio door entry system allows a user to communicate with the callers and a video system displays an image of the visitor
• Password access control offers various benefits, such as easy access, convenient access, and higher security, due to which the segment is anticipated to account for the maximum market share
• The wireless segment is anticipated to register the highest CAGR of 13.5% from 2019 to 2025. Wireless systems use a Wi-Fi network to transmit the signals between other intercom security devices
• Lower installation and maintenance costs of wireless video intercom systems are expected to fuel the segment growth over the forecast period
• The IP-based technology segment is anticipated to expand at the highest CAGR of from 2019 to 2025 owing to enhanced video surveillance, communication, and entry control capabilities of these systems
• North America is expected to be the largest regional video intercom device market over the forecast period due to increasing construction activities of smart homes in the region
• Key companies are Aiphone Co., Ltd.; Alpha Communications; Comelit Group S.P.A.; Dahua Technology Co., Ltd.; Godrej.Com; Honeywell International, Inc.; Legrand; Panasonic Corp.; Samsung; and Siedle & Sohne OHG

Grand View Research has segmented the global video intercom device market on the basis of device type, access control, system, technology, end use, and region:

Video Intercom Device Type Outlook (Revenue, USD Million, 2014 - 2025)

• Door Entry Systems
• Handheld Devices
• Video Baby Monitors

Video Intercom Devices Access Control Outlook (Revenue, USD Million, 2014 - 2025)

• Fingerprint Readers
• Password Access
• Proximity Cards
• Wireless Access

Video Intercom Devices System Outlook (Revenue, USD Million, 2014 - 2025)

• Wired
• Wireless

Video Intercom Devices Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Analog
• IP-based

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

• Automotive
• Commercial
• Government
• Residential
• Others

Video Intercom Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• 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.

Virtual Prototype Market Expected to Witness a CAGR of 19.4% from 2018 to 2025

Virtual Prototype (VP) Market Size, Share & Trends Analysis Report By Tool (CAD, CAE, CAM, CFD, FEA), By Deployment (Cloud-based, On Premise), By Vertical, By Region, and Segment Forecasts, 2018 - 2025

The global virtual prototype market size is estimated to reach USD 861.7 million by 2025, according to a new study by Grand View Research, Inc. It is expected to expand at a CAGR of 19.4% over the forecast period. Virtual prototyping tools enable faster product development, cost savings, and reduction in time to market.

These benefits are driving the development and adoption of VP tools. Enterprises/industrial manufacturers are switching to VP from conventional physical testing of product models. Physical testing consumed additional time and incurred high costs in the event of failure. Virtual prototype solutions enable organizations to significantly improve the accuracy of product testing and to enhance ergonomics and usability. This factor is driving growth of the global virtual prototype market.

Furthermore, increasing adoption of consumer electronic products such as smartphones, tablets, printers, and home appliances is encouraging manufacturers to deploy virtual prototyping tools to meet the overall production demand. It is also encouraging them to introduce innovative products to compete with other market players and to enhance profitability. All these factors are anticipated to further propel expansion of the global market over the forecast period.

Virtual prototyping is a software-based engineering process that helps build, simulate, and test a prototype virtually by simulating real-world conditions. The integration of technologies such as Computer-Aided Design (CAD), simulation tools, and Virtual Reality (VR) into VP tools has enabled manufacturers to increase product affordability. Moreover, virtual prototype simulation also aids in efficient planning of production lines and factory layouts.

Virtual prototyping solutions have a significant demand from the healthcare sector where they are used for pre-operative planning and surgical simulation. The growth of construction industry is also anticipated to drive the market for virtual prototype over the forecast period owing to rising demand for design simulation of buildings and plants. Asia Pacific has the largest concentration of consumer electronics manufacturers. Evolving consumer trends encourage manufacturers to innovate and develop novel products, which is anticipated to spur the market growth. Moreover, high investments in R&D to develop innovative virtual prototype tools such as CAD tools for live simulation, error-free production, and cost reduction during manufacturing are expected to further propel the global virtual prototype market growth.

Access Research Report of Virtual Prototype Market @ https://www.grandviewresearch.com/industry-analysis/virtual-prototype-market

Further key findings from the study suggest:

• North America held the largest market share in 2017, owing to high adoption from automotive, electronics, and telecom industries to enhance overall operational efficiency and to improve customer satisfaction through iterative product releases
• Asia Pacific is expected to witness robust growth in the global virtual prototype market owing to rapid growth of regional automotive, aviation, and consumer electronics industries
• Adoption of cloud-based virtual prototype tools is projected to witness growth over the forecast period due to high demand from small- and medium-scale companies aiming to curb implementation and infrastructure costs
• Key automobile manufacturers such as BMW, Mercedes, and Volkswagen among others utilize VP tools to design and test new vehicle models. Emergence of advanced vehicular technologies and growing adoption of Electric Vehicles (EV) are anticipated to further promote market growth
• Some of the key market players are Autodesk, Inc.; TWI Ltd.; Synopsys, Inc.; ESI Group; Carbon Design Systems Inc.; Cadence Design Systems, Inc.; Siemens PLM Software; and PTC.

Grand View Research has segmented the global Virtual Prototype (VP) market on the basis of tool, deployment, vertical, and region:

Virtual Prototype Tool Outlook (Revenue, USD Million, 2015 - 2025)

• Computer-aided Design (CAD)
• Computer-aided Engineering (CAE)
• Computer-aided Manufacturing (CAM)
• Computational Fluid Dynamic (CFD)
• Finite Element Analysis (FEA)

Virtual Prototype Deployment Outlook (Revenue, USD Million, 2015 - 2025)

• Cloud-based
• On-premise

Virtual Prototype Vertical Outlook (Revenue, USD Million, 2015 - 2025)

• Aerospace
• Automotive
• Healthcare
• Consumer Electronics
• Telecom
• Others

Virtual Prototype Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• Europe
• Asia Pacific
• RoW

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.

Market for Wireless Mesh Network: Industry to Witness Tremendous Growth and Expansion by 2025

The global wireless mesh network market size is expected to reach USD 11.14 billion by 2025 registering a CAGR of 9.1%, according to a new report by Grand View Research, Inc. Increasing adoption of the wireless communication medium and usage of Artificial Intelligence (AI) and Internet-of-Thigs (IoT) has been a major factor driving the global market. Growing opportunities in oil & gas industries and the development of infrastructure and smart cities have led to the increased adoption of WMN.

A WMN enables citywide public Wi-Fi that in turn improves the delivery of urban services. It is forecasted that wireless devices would account for two-thirds of the Internet Protocol (IP) traffic and almost all households would have broadband services. In cities, WMN could solve the congestion problem with traffic management solutions where traffic data is analyzed and pre-emptive solutions are provided for free-flowing traffic. High demand for enhanced coverage, structural flexibility, and multi-hop high-speed short distance transmission capability of video surveillance systems is augmenting the WMN market growth in security applications.

Thus, video surveillance application segment is projected to witness the highest CAGR of 10.5% over the forecast years. In addition, rising concerns over security threats at public, as well as private, sites will boost the demand further augmenting the segment growth. Oil & gas application is expected to register the fastest growth from 2019 to 2025 due to high demand for real-time wireless communication to enhance productivity, safety, and accuracy at oil and gas fields.

Access Research Report of Wireless Mesh Network Market@https://www.grandviewresearch.com/industry-analysis/wireless-mesh-network-wmn-market

Further key findings from the study suggest:

• 5 GHz band is expected to emerge as the fastest-growing radio frequency segment in the global wireless mesh network market
• The segment is anticipated to expand at a CAGR of 10.6% over the estimated period owing to increasing demand for more stable and high-speed network connection
• Asia Pacific is projected to witness the maximum growth over the next six years owing to increasing number of smart city projects in various economies of the region
• The regional market is said to reach at USD 2.90 billion by 2025 expanding at a CAGR of 14.2% from 2019 to 2025
• Some of the key companies in this market are Cisco Systems, Inc.; Aruba Networks, Inc.; Ruckus Wireless, Inc.; and Firetide, Inc.

Grand View Research has segmented the global wireless mesh network market on the basis of radio frequency, application, end use, and region:

Wireless Mesh Network Radio Frequency Outlook (Frequency, Hertz; Revenue, USD Million, 2014 - 2025)

• Sub 1 GHz Band
• 4 GHz Band
• 9 GHz Band
• 5 GHz Band

Wireless Mesh Network Application Outlook (Revenue, USD Million, 2014 - 2025)

• Home Networking
• Video Surveillance
• Disaster Management and Rescue Operations
• Medical Device Connectivity
• Traffic Management

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

• Education
• Government
• HealthCare
• Hospitality
• Mining
• Oil & Gas
• Transportation & Logistics
• Smart Cities and Smart Warehouses
• Others

Wireless Mesh Network Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • India
  • China
  • Japan
• Latin America
  • Brazil
• 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.

Wireless Microphone Market Set to Witness an Uptick during 2018 to 2025

The global wireless microphone market is estimated to reach USD 3.51 billion by 2025, growing at a CAGR of 5.9%, according to a new study by Grand View Research, Inc. Technological proliferation such as Wi-Fi and Bluetooth enabled microphones are expected to drive the market growth over the forecast period.

The evolving entertainment and media industry, mainly in developing regions such as Asia Pacific and Latin America, has fostered the demand for wireless microphone products. These products are used for applications such as television broadcasting, public speaking, podcasting, and performing arts. The preference for wireless microphones has increased among consumers as these microphones enable performers to move their hands freely, thereby increasing comfort.

The adoption of wireless microphones is anticipated to grow in the Asia Pacific region. Global sports events such as Summer Olympics 2020 and Winter Olympics 2022 are scheduled to be organized in the region, which is presumed to propel the demand for wireless microphones. Furthermore, the increasing application of microphones in government infrastructure is expected to boost the adoption of wireless microphones in the Asia Pacific region.

The changing regulatory scenario of wireless spectrum across regions including North America and Europe is expected to propel the market growth. It enables market participants to develop new products that comply with the new spectrum regulations. Moreover, the new products are developed to provide features such as efficient audio signal transmission and high output audio quality.

Prominent & established industry players and new entrants collaborate with each other for sharing expertise and resources. The market is highly competitive and major companies are laying emphasis on retaining their market shares. Moreover, there is a strong presence of small and local manufacturing companies in the market, mainly in countries such as China and Japan.

Access Research Report of Wireless Microphone Market @: www.grandviewresearch.com/industry-analysis/wireless-microphone-market

Further key findings from the study suggest:

• The clip-on segment is expected to emerge as the fastest growing segment, registering a CAGR of 6.8% over the forecast period. Increasing public speaking events are encouraging the demand for this segment.
• The North American region has announced changes in regulations wherein the use of wireless frequency is restricted to below 600 MHz. Any device operating above 600 MHz would be illegal.
• Radio Frequency (RF) band is the fastest growing segment, registering a CAGR of 7.5% over the next eight years. The RF band offers a large number of frequency options that facilitate the selection of frequency depending on the application.
• Asia Pacific is estimated to be the fastest-growing regional market due to the growth of sports and entertainment events in the region leading to an increase in demand for audio equipment
• Key industry participants include AKG Acoustics, Audio-Technica Corporation, Blue, LEWITT GmbH, Rode Microphones, Samson Technologies Inc., Sennheiser Electronic GmbH & Co., Shure Incorporated, Sony Electronics, Inc., and Yamaha Corporation, among others

Grand View Research has segmented the global wireless microphone market based on types, technology, end uses, and regions:

Wireless Microphone Type Scope (Revenue, USD Million; 2014 - 2025)

• Handheld
• Clip-on
• Others

Wireless Microphone Technology Scope (Revenue, USD Million; 2014 - 2025)

• Wi-Fi Band
  • 4 GHz
  • 6 GHz
  • 5 GHz
• Radio Frequency Channel
  • Single Channel
  • Dual Channel
  • Multi-Channel
• Radio Frequency band
  • 540 MHz - 680 MHz
  • 721 MHz - 750 MHz
  • 823 MHz - 865 MHz

Wireless Microphone End-use Scope (Revenue, USD Million; 2014 - 2025)

• Corporate
• Education
• Hospitality
• Sporting Events
• Others

Wireless Microphone Regional Scope (Revenue, USD Million; 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• 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.

Attractive Market Opportunities in the Continuous Renal Replacement Therapy Market by 2025

The global continuous renal replacement therapy (CRRT) market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc. The magnitude of the global target diseases, such as kidney diseases, and diabetes, is immense, with millions of new cases registered every year. This in turn is anticipated to boost the usage of CRRT treatment procedure.

Increasing the incidence of volume overload, uremia, and hyperkalemia is increasing the application of renal replacement therapy, thereby boosting the overall growth of the market. For individuals suffering from acute kidney injury and severe multi-organ dysfunction, CRRT can prove to be beneficial when started early to maintain metabolic and volume homeostasis. In addition, CRRT prevents further worsening and development of symptoms and signs of renal failure.  

To request a sample copy or view summary of this report, click the link below:http://www.grandviewresearch.com/industry-analysis/continuous-renal-replacement-therapy-crrt-market

Further Key Findings From the Study Suggest:

• The continuous renal replacement therapy market study suggests that the consumables segment dominated the overall market in 2016.  The factors triggering the growth the segment are increasing application of hemofilter, fluids, charcoal filters and others consumables in CRRT
• Moreover, constant repeat purchase of consumables due to their one-time use is adding up to the revenue generation for the segment
• Amongst the modality segments, continuous venovenous hemofiltration (CVVH) occupied the largest share in 2016. Increasing the incidence of fluid overload cases which is frequently found in acute kidney injury patients in critical care units would boost the growth of the CVVH market.
• The continuous venovenous hemodiafiltration (CVVHDF) segment is expected to grow at the highest growth rate during the forecast period.  CVVHDF is associated with improved survival rate when compared to other CRRT modalities due to a combination of principles of diffusion and convection, i.e., hemofiltration and hemodialysis using a highly efficient hemodiafilter to remove both solute and fluid.
• North America accounted for the largest share in 2016, due to the increasing prevalence of kidney disorders, and congestive heart failure in the region.
• In addition, increasing incidences of acute kidney injury cases leading to increased creatinine levels, hyperkalemia, and uremia are a few high impact-rendering drivers for the market in North America.
• The Asia Pacific is expected to foresee significant growth during the forecast period. The high-unmet medical needs pertaining to the target disease segment, such as diabetes, hypertension, and chronic kidney disease, coupled with constantly improving healthcare expenditure in the region are some of the key factors attributing to market growth
• Some of the major companies operating in this market are B. Braun Melsungen AG, Baxter International, Inc., Fresenius Medical Care AG & Co. KGaA, Asahi Kasei Corporation, NIPRO Corporation, Toray Medical Co., Ltd, NxStage Medical, Inc., Medtronic plc, and others.

Grand View Research has segmented the global continuous renal replacement therapy market on the basis of product, modality, and region:

Continuous Renal Replacement Therapy Product Outlook (Revenue, USD Million, 2014 - 2025)

• System
• Consumables

Continuous Renal Replacement Therapy Application Outlook (Revenue, USD Million, 2014 - 2025)

• Slow continuous ultrafiltration
• Continuous venovenous hemofiltration
• Continuous venovenous hemodialysis
• Continuous venovenous hemodiafiltration

Continuous Renal Replacement Therapy Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The U.K.
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA
  • 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.

Genome Editing Market New Opportunities For Industry Growth And Forecast To 2025

The Report Genome Editing Market Analysis By Technology (CRISPR, TALEN, ZFN), By Delivery Method (Ex-vivo, In-vivo), By Application (Animal/Plant Cell Editing), By Service (In-house, Outsourced), By End-use And Segment Forecasts, 2018 – 2025

The global genome editing market is anticipated to reach USD 8.1 billion by 2025, according to a new report by Grand View Research, Inc. Key drivers attributing to the expansion include early applications of DNA editing to therapeutics. Use of the technology for the disease eradication through direct correction of disturbances in normal physiology, engineering the immune response, and alteration of pathogen targets in the host is anticipated to drive the market with substantial opportunities.

The ability of genome editing therapies to offer a significant improvement over current treatment options is important in enabling editing technologies to capture significant revenue share. Improved efficacy, reduced side effects, and the potential for cure for specific diseases, can be attributed to induce growth in the coming years. 

Moreover, technological advancements with respect to the development of novel vectors for delivery is anticipated to fuel growth in the coming years. Rising competition amongst the operating entities in order to gain the larger share of revenue is also responsible for the projected growth. These companies leverage industry collaborations for the acceleration of diversified product pipelines. 

Access Research Report of Genome Editing Market @ www.grandviewresearch.com/industry-analysis/genome-editing-market

Further Key Findings from the Report Suggest:

• There has been great excitement surrounding the highly adaptable CRISPR technology.
• The increased ease of retargeting and the ability to multiplex goes a long way toward explaining the speed with which CRISPR-centric companies have sprung up.
• Ex-vivo mode of delivery accounted for the largest share of the revenue.
• Therapy through ex-vivo mode of delivery allow the control over the specific dosage of therapeutic molecules delivered to cells.
• Cell line engineering dominated with respect to revenue generation owing to the high utilization of technology in stem cell engineering.
• There is comparatively, higher adoption of the technology in the biotechnology and pharmaceutical organizations for the purpose of therapeutic development.
• Availability of other services such as gRNA library production and screening service along with editing is anticipated to propel growth in the outsourcing services.
• Asia Pacific is anticipated to witness fastest growth over the forecast period owing to rising penetration of technology in comparatively immature market.
• Key players contributing in this market are Thermo Fisher Scientific, Inc., Sangamo, Editas Medicine, Recombinetics, Inc, Sigma Aldrich Corporation, CRISPR THERAPEUTICS, Intellia Therapeutics, Inc., Caribou Biosciences, Inc.
• These participants are capitalizing on unique advantages offered by the nuclease technology, they are working on.

Grand View Research has segmented the molecular scissors/genome editing market on the basis of technology, delivery method, application, end-use, service, and region: 

Molecular Scissors/Genome Editing Technology Outlook (Revenue, USD Million, 2014 - 2025)

• (CRISPR)/Cas9
• TALENs/MegaTALs
• ZFN
• Others

Molecular Scissors/Genome Editing Delivery Method Outlook (Revenue, USD Million, 2014 - 2025)

• Ex-Vivo
• In-Vivo

Molecular Scissors/Genome Editing Application Outlook (Revenue, USD Million, 2014 - 2025)

• Cell Line Engineering
• Animal Genetic Engineering
• Plant Genetic Engineering
• Other Applications

Molecular Scissors/Genome Editing End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Biotechnology & Pharmaceutical Companies
• Academic & Government Research Institutes
• Contract Research Organizations

Molecular Scissors/Genome Editing Service Outlook (Revenue, USD Million, 2014 - 2025)

• Contract
• In-house

Molecular Scissors/Genome Editing Service Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • 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.

Disposable Blood Pressure Cuffs Market is Estimated to Register a Strong CAGR of 13.6% during the Forecast Period

The Report Disposable Blood Pressure Cuffs Market Analysis By Call Points (Surgeons, Physician, Clinicians), By Region (North America, Europe, Asia Pacific, Latin America, MEA) And Segment Forecasts, 2018 – 2025

The global disposable blood pressure cuffs market is expected to reach USD 356.8 million by 2025, according to a new study by Grand View Research, Inc. The market is driven by the growing adoption of disposable BP cuffs by healthcare professionals to avoid the risk of cross-contamination. In addition, there is a significant rise in the occurrence of infections at hospitals over the past two decades, which has created a momentum in the implementation of infection control policies in order to reduce the incidence of hospital-acquired infections.

Moreover, the introduction of technologically advanced products is attributing towards the growth. These products are meeting all the regulatory requirements and available at an affordable cost which thereby boosting the usage rates in coming years. For instance, GE CRITIKON BP Cuffs offered by GE Healthcare meeting all the sizing standards of the American Heart Association to take accurate blood pressure readings. The aforementioned factors are presumed to fuel the growth over the forecast period.

Access Research Report of Disposable Blood Pressure Cuffs Market @ www.grandviewresearch.com/industry-analysis/disposable-blood-pressure-cuffs-market

Further Key Findings From The Study Suggest:

• Clinicians call point segment is expected to show lucrative growth in coming years due to rising patient population visited clinics for the regular monitoring of blood pressure
• The existing industry participants are actively involved in the development of customized & specialized blood pressure monitoring products, to sustain the competition
• Introduction of digital sphygmomanometer and mHealth technology, which is expected to impede the growth in coming years as they used as a substitute for these products
• Furthermore, introduction of antimicrobial reusable BP cuffs which gives accurate results and offers enhanced safety to the patients may hamper the growth
• The Asia Pacific regional market for disposable BP cuffs is expected to showcase significant growth over the forecast period owing to supportive government initiatives for increasing awareness amongst people and rapidly growing target disease population base
• In addition, improving healthcare facilities is propelling the further growth in the near future. In addition, cheaper cost of disposable products is expected to provide this market with lucrative growth opportunities in the near future

Grand View Research has segmented the disposable blood pressure cuffs market on the basis of call point, and region: 

Disposable Blood Pressure Cuffs Call Point Outlook (Revenue, USD Million, 2014 - 2025)

• Surgeons
• Physicians
• Clinicians

Disposable Blood Pressure Cuffs Regional Outlook (Revenue, USD Million, 2014 - 2025)

• 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.

Nucleic Acid Amplification Test Market is Likely To Touch USD 4.4 Billion by 2025

Nucleic Acid Amplification Test Market Growth & Trends

The global nucleic acid amplification testing market size is expected to reach USD 4.4 Billion by 2025, according to a new report by Grand View Research, Inc. Nucleic acid amplification testing is gaining preference over traditional diagnostic techniques because of its high efficiency and accuracy. In addition, the potential application of these tests in various life-threatening diseases, including several types of cancer, is attracting a large amount of investment for the purpose of R&D. Increasing number of ongoing studies are expected to ensure higher growth rate in the later part of the forecast period.

These tests are currently being used extensively for screening and diagnosis of a wide range of infectious diseases. Along with known infectious diseases, management of epidemics of new diseases has caused a sudden surge in the demand for advanced diagnostic tests. NAAT is currently the most advanced and efficient diagnostic method, which extensively uses technology that helps in reducing procedural time and consumption of reagents.

Request a free sample copy or view report summary: Nucleic Acid Amplification Test Market Report

Nucleic Acid Amplification Test Market Report Highlights

• The market study suggests that infectious diseases segment captured the largest revenue share in 2015 owing to the high demand for effective screening methods for management of these diseases
• Cancer is expected to exhibit the fastest growth during the forecast period due to the rising number of studies to develop tests for early detection of various cancer types
• Expanding applications prenatal screening and for the detection of mitochondrial disorders is expected to boost the demand for NAAT
• High usage of the PCR technique in NAT is driving the growth of the segment and is expected to capture significant revenue share in the near future
• North America dominated the space in 2015 with U.S. capturing the largest share
• Evolution of biotechnology sector in the Asia Pacific, along with the favorable government initiatives, Asia Pacific is expected to show the fastest growth rate during the forecast period
• A few of the major players in the market are F. Hoffmann-La Roche Ltd; Bio-Rad Laboratories, Inc.; Becton, Dickinson and Company; Novartis AG; Beckman Coulter, Inc.; bioMérieux SA; Abbott Laboratories; Siemens Healthineers, and Illumina, Inc.

Nucleic Acid Amplification Test Market Segmentation

Grand View Research has segmented the nucleic acid amplification test market on the basis of application, technique, and region:

Nucleic Acid Amplification Test Application Outlook (Revenue, USD Million, 2014 - 2025)

• Infectious Diseases
  • Virus
  • Bacteria
  • Others
• Cancer
• Personalized Medicine
• Genetic and Mitochondrial Disorders

Nucleic Acid Amplification Test Technique Outlook (Revenue, USD Million 2014 - 2025)

• Target amplification systems
• Probe amplification systems
• Signal amplification

Nucleic Acid Amplification Test Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Germany Asia Pacific
  • China
  • India
• Latin America
  • Brazil
  • Mexico
• MEA
  • 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.

Hemodialysis & Peritoneal Dialysis Market is Expected to Grow with CAGR of 6.0% over the Forecast Period

The global hemodialysis and peritoneal dialysis market is expected to reach USD 108.5 billion by 2025, according to a new report by Grand View Research, Inc. Home-based dialysis treatment is anticipated to witness lucrative growth over the forecast period. Factors supporting this trend include; increasing development of small and automated products capable of providing treatment at home, rising number of individuals requiring daily procedures, growing number of individuals aptly trained to perform self-treatment, and initiatives by market participants toward raising education and training for home dialysis performance.

This industry is highly competitive with a few players holding relatively high proportion of the market share. However, the dominance of each player is in a separate region thereby limiting direct competition. For instance, Baxter generates higher revenue in Europe whereas Fresenius Medical Care AG & Co. KGaA gains higher revenue in the U.S. This scenario is anticipated to change over the forecast period owing to increasing globalization, and efforts by companies to expand their revenues and profits.

Access Research Report of Hemodialysis & Peritoneal Dialysis Market @ www.grandviewresearch.com/industry-analysis/hemodialysis-peritoneal-dialysis-market

Further key findings from the study suggest:

• Hemodialysis dominates the industry with over 80.0% of the market share. These processes are performed in centers as well as in home settings primarily for adults. This enhanced applicability and benefits in comparison to peritoneal dialysis are expected to promote growth.
• Presence of treatment centers and skilled personnel in abundance to carry out procedures is expected to drive the growth for these services. Factors responsible for higher market share of services may be classified into rising number of centers, development of training courses for home-based patients, and rising number of patients requiring dialysis treatment.
• Home-based procedures are anticipated to witness the fastest growth over the forecast period. Development of small & portable systems along with with rising healthcare literacy amongst patients are vital impact rendering drivers.
• Regionally, Asia Pacific is predicted to contribute higher revenue share over the forecast period. Improving healthcare infrastructure, rising disposable income, and growing incidence of conditions such as diabetes within the region are expected to support growth.
• Players highlighted in the study include Fresenius Medical Care AG & Co. KGaA, NIPRO Medical Corporation, B. Braun Avitum AG, Baxter, and DaVita Inc. These companies are aggressively working toward purchasing dialysis centers or establishing new centers to cater to the rising demand.

Grand View Research has segmented the global hemodialysis and peritoneal dialysis market on the basis of type, product, end-use, and region:

Global Hemodialysis And Peritoneal Dialysis Type Outlook (Revenue, USD Million, 2014-2025)

• Hemodialysis
• Peritoneal Dialysis

Global Hemodialysis And Peritoneal Dialysis Product Outlook (Revenue, USD Million, 2014-2025)

• Device
• Consumables
• Services

Global Hemodialysis And Peritoneal Dialysis End-use Outlook (Revenue, USD Million, 2014-2025)

• Home-based
• Hospital-based

Hemodialysis And Peritoneal Dialysis Regional Outlook (Revenue, USD Million, 2014-2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and 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.

Hyaluronic Acid Raw Material Market Overview, Analysis And Forecast To 2024

HA - No Laughing Matter, This…

Nowadays, everyone, be it man or woman, teenager or adult, is focused on keeping their skin glowing and fresh. You might have seen advertisements about anti-ageing and anti-wrinkle creams and lotions on the television. This is a burgeoning industry right now, as manufacturers have managed to strike a chord with consumers through their attractive product features. However, there are products that may cause more harm than good for the skin. This causes people to discard the product, and then search for the next one. However, unbeknownst to us, the answer to keeping our skin ever-youthful (as the ads promise!) lies within our body itself, and it is called hyaluronic acid (HA).

If you are confused by the name, and doubtful due to the presence of the term ‘acid’ in it, you can rest easy. For this product is found naturally in our skin, where it holds water and performs the critical function of keeping our skin plump and hydrated. While helping retain moisture, hyaluronic acid also prevents this moisture from evaporating into the air. However, as we get older, the proportion of this acid in our body decreases. Fruits and vegetables rich in antioxidants can help stimulate production of HA in our bodies. However, usage of hyaluronic acid raw material in skin products has gained much traction, as the anti-ageing movement intensifies. 

The Many Faces Of HA

The hyaluronic acid raw material market finds huge demand in a number of critical sectors. Its distinct properties are what have made it a sought-after product, not only in cosmetics but also in the pharmaceutical and medical industry. Some of the applications include:

• In Ophthalmology- It finds use as a viscoelastic tool for ophthalmological surgeries, owing to its unique physicochemical properties. HA is useful during cataract surgeries, as it facilitates procedures, while also protecting the corneal endothelium. Besides this, hyaluronic acid raw material also find use in other ophthalmic applications such as keratoplasty, retinal reattachment, trabeculectomy, as well as treatment to relieve ‘dry eye’ disease symptoms.
• In Dermatology- The acid is found in a number of skincare products that claim to combat wrinkles, and for good reason. Juvederm® and Restylane® are the two major dermal fillers that are used in wrinkle treatment. Wrinkles can be eliminated or temporarily reduced, with their effect lasting up to 1 year. Additionally, it is used to combat acne scars, while it is also very effective in cases of dry, cracked and thin skin.
• In Orthopedics - Hyaluronic acid is hugely effective in cases of osteoarthritis, and is taken by people who can’t use painkillers, or are unable to undergo total knee replacement surgery. Doctors refer to these injections as ‘viscosupplementation’. Studies have shown that it provides better results than painkillers in certain OA cases.
• In Medical Device Coatings - The product is used in hydrophilic coatingsfor a number of medical devices, which include catheters, sensors and guidewires. The device biocompatibility and lubricity can be improved, while also reducing tissue abrasion.
• In Drug Delivery - Hyaluronan formulations, as well as its derivatives, have been developed as injectable, topical and implantable vehicles for the localized, controlled delivery of biologically active molecules.
• In Surgical Adhesion Prevention - Adhesions may occur after abdominal operations, causing issues such as bowel obstruction, infertility, and chronic abdominal pain. A mechanical barrier composed of hyaluronic acid and carboxymethylcellulose is effective in preventing tissue adherence after abdominal surgeries.
• In Healing Wounds - HA helps in faster healing of wounds, by regulating inflammation levels and signaling the body that it build more blood vessels in the damaged area. Additionally, it has anti-bacterial properties and are effective at combating gum diseases. It has been observed that through its application, there has been a reduction in wound size and decrease in pain.

Some Trends & Statistics

The increasing women population of age 35 to 65 years across the globe engenders a greater demand for anti-aging cosmetic and aesthetic treatments. Owing to the distinctive viscoelastic and moisturizing properties coupled with lower toxicity levels offered by hyaluronic acid-based products, the demand for this polymer in dermal fillers is expected to grow. In addition, its application in the treatment of vesicoureteral reflux is anticipated to grow due to the minimally invasive nature of the involved procedures. Thus, it is anticipated that the need for hyaluronic acid-based products will serve as a high impact driver for the hyaluronic acid raw material market over the forecast period.

According to the International Society of Aesthetic Plastic Surgery, in 2018, there were approximately 23 million cosmetic procedures performed globally, of which nearly 3.8 million procedures were HA-based non-surgical ones. This represented a jump of 11.6% from 2017, with all other types, except botulinum toxin procedure, showing a downward trend. Some of the top countries recording a majority of the aesthetic treatments in 2018 were the U.S., Brazil, Mexico, Germany, India, Italy, Argentina, and Colombia. Medical tourism for cosmetic surgery in the U.S. plays a very important role in aiding the uptake of these products and procedures, which is expected to drive the hyaluronic acid raw material market in the coming few years.

According to the American Society for Aesthetic Plastic Surgery, in 2018, Americans spent approximately USD 17.4 billion on non-surgical procedures, of which USD 11.55 billion was spent on injectables, USD 2.83 billion was spent on facial rejuvenation procedures, while other non-surgical procedures such as hair removal and sclerotherapy saw expenditures worth around USD 3.04 billion.

To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/hyaluronic-acid-ha-raw-material-market

Recent Developments

Some of the key companies operating in the hyaluronic acid raw material market are Salix Pharmaceuticals; ALLERGAN; Lifecore Biomedical, LLC; Shiseido Co., Ltd.; Anika Therapeutics, Inc.; Smith & Nephew; Maruha Nichiro Corporation; Ferring B.V.; SEIKAGAKU CORPORATION; Genzyme Corporation; F. Hoffmann-La Roche Ltd.; Contipro a.s.; Zimmer Biomet, among others. Recent developments include:

• Anika Therapeuticscommenced the full commercial launch of its injectable HA-enhanced bone repair therapy, ‘TACTOSET’, in the United States, in December 2019. It has been developed for treating bone voids and other bone defects of the skeletal system caused due to age-related degeneration or trauma.
• Ferring Pharmaceuticalsannounced in November 2019 that Blue Cross Blue Shield of Michigan Medicare Advantage and Commercial patients will have EUFLEXXA access as a co-preferred brand starting January 1, 2020. The product is effective in combating osteoarthritis knee pain.
• In October 2019, Allergan launched three new OTC REFRESH® RELIEVA™ products - REFRESH® RELIEVA™, REFRESH® RELIEVA™ PF (preservative-free) multidose, and REFRESH® RELIEVA™ FOR CONTACTS. REFRESH® offers the only family of products in the United States that contain carboxymethylcellulose (CMC), hyaluronic acid (an inactive ingredient), glycerin, and HydroCell™ technology.

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.

Pacemaker Market Expected to Collect USD 10.3 Billion by the End of 2025

Life is the not only a most important thing, but also

To save and prolong this precious thing, man has gone over to achieve several feats with the help of science and technology, and has developed healthcare and life saving technology to such a level, that astonishes us to the core.

When we talk about heart pacemaker, we talk about the same level of developed healthcare technology, which is proving out to be a lifesaver in literal meaning. Pacemaker or ‘Artificial Cardiac Pacemaker’ was developed Wilson Greatbatch in 1958, along with the pacemakers batteries. And since it has been developed, it has helped multiple people prolong their lives. As of 2016, 1.14 million pacemakers are in use globally; and the numbers are going to rise to 1.43 million units by the year 2023. Therefore, the Global Pacemaker Market is certainly receiving great demand, which is expected to reach USD 10.3 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 7.2% CAGR.

Brief on Cardiac Pacemaker

Cardiac pacemaker is one of the cardiovascular medical devices, which controls the functioning of the heart using electrical impulses that artificially contract the heart muscles. A block in the heart’s electrical conduction system may result in failure of the natural pacemaker in the heart. It generates electrical impulses delivered by electrodes to cause the heart muscle chambers (the upper, or atria and/or the lower, or ventricles) to contract and therefore pump blood; by doing so this device replaces and/or regulates the function of the electrical conduction system of the heart.

Types

These artificial pacemakers are of two types, external and implantable. External pacemakers are used in case of emergencies with continuous monitoring in intensive care units at hospitals. External pacemakers also include wearable pacemakers, but due to portability and performance issues, these devices are rarely used. The benefit of the internal pacemakers over the external ones makes them the comfortable choice for the patient and can be aptly understood by the pie-chart below.  

                                                        

Implantable pacemakers are of the three types, single chamber, dual chamber, and biventricular, and are inserted through a simple surgery, using general anesthesia. In single chamber pacemakers, a single lead is implanted into one of the heart chambers, the atrium or the ventricle; while in dual chamber pacemakers, two leads are placed in the ventricle and the atrium. Dual chamber pacemaker functioning closely resembles that of the natural pacemaker present in the human body.

The biventricular pacemaker also known as Cardiac Resynchronization Therapy (CRT) is used in patients with a lack of synchronization between the contractions of the left and right ventricles, a condition known as ventricular dysynchrony. These devices consist of a couple of leads, one stimulates the septum and the other stimulates the epicardial wall of the left ventricle.

Request a free sample copy or view report summary: Pacemaker Market Report

Pacemakers: Technological Advancements

Following are a couple of advancements, which are likely to impact the dynamics of the global pacemaker market:

• Dynamic pacemaking technology: This technology is under development for its use in artificial hearts. Transitional tissue welding is required in artificial tissue implant technology, which utilizes stem cells or other cells.
• Microprocessor-controlled pacemakers: Kelvin II pacemaker is a dual chamber microprocessor-enabled pacemaker. This device has a microchip and pacer chip in an integrated circuit. Other specifications of this device include 4kB read only memory, 2kB random access memory, and 8-b microprocessor.
• Interconnecting Technology - With increasing trend of interconnectivity in the devices as the modern age is coming up, pacemakers are not to be left aside. With interconnectivity with outside devices possible, pacemakers can be easily monitored and its problems can be solved in no time to give a good leverage to the health of the patients.

Pacemaker: Market Snapshot

The key drivers impacting the growth of the pacemaker market include:

• Increasing incidence of Cardiovascular Diseases (CVDs)
• Technological advancement in pacemakers
• Availability of reimbursement for pacemaker implantation procedures

Above factors push the demands in the market and boost the competition, which leads to greater technological advancements along with research and development in the sector. New product development, geographical expansion, collaboration, mergers and acquisitions, and pricing strategies are key undertakings of players in this space. For Instance, in July 2016, St. Jude Medical received U.S. FDA approval for SyncAV, a CRT software compatible with the company’s multiPoint pacing technology. The software was approved in the European market in June 2016.

Some of the key players in the market are Medtronic; BIOTRONIK, Inc.; Boston Scientific Corporation; St. Jude Medical; ZOLL Medical Corporation; MEDICO S.p.A.; Vitatron; Pacetronix; and Cordis, Inc. among others.

Recent Developments

• A newbattery-less, wireless pacemaker was introduced over the summer by researchers from Rice University. It is designed to harvest energy wirelessly from radio-frequency radiation transmitted by an external battery pack. The device was designed to be implanted directly into a patient’s heart, removing the need for wires, known as “leads,” which can create complications with bleeding and infection.
• A team of engineers out of the University of Texas at San Antonio (UTSA) announced in May a new grant from the National Science Foundationto commercialize a new chip that can make lower power electronics like cell phone batteries and pacemaker devices run more efficiently.
• Alain Nogaret & his team from BATH University has developed physical models and small devices capable enough to predicting neuron behavior and reversing the effect of heart failure. This gives way for development of new line of pacemakers
• Researchers from Harvard’s school of engineering and applied sciences have created the world’s smallest radio receiver, a technology assembled from atomic-scale defects in pink diamonds. It could have the potential to help power the next generation of wireless pacemaker devices by transmitting electrical pulses without the need for leads.