Image-guided Therapy Systems Market Latest Innovations, Drivers and Industry Key Events by 2025

The global image-guided therapy systems market size is expected to reach USD 4.95 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to exhibit a healthy CAGR of 6.3% during the forecast period. Growing geriatric population base and cases of chronic diseases are expected to boost the market demand. Other factors propelling the market growth include rising preference for minimally invasive surgeries and technological advancements in image-guided therapy systems. Various initiatives undertaken in the area of cancer radiotherapy is also one of the important factors driving the market.

New product launches by major companies is also having a positive impact on the market development. For instance, in February 2017, Philips launched a next-generation image guided therapy platform called Azurion for advancing patient care. Growing adoption of such advanced systems is expected to drive the market. Development of this system was aimed at optimizing interventional lab performance, thereby ensuring superior care delivery. Increasing number of initiatives undertaken by public and private firms in the area of cancer radiotherapy is also estimated to have a positive impact on the market growth.

In addition, many academic institutions are also investing in cancer radiotherapy projects for increasing the effectiveness of treatment therapies. This is also likely to contribute toward market expansion. The development of Image-guided Therapy Program by the Brigham and Women’s Hospital aimed at advancing imaging and therapeutic technologies for developing minimally invasive surgical and interventional techniques is an example of one such initiative.

Access Research Report of Image-guided Therapy Systems Market @ https://www.grandviewresearch.com/industry-analysis/image-guided-therapy-systems-market

Further key findings from the study suggest:

• Endoscopes segment accounted for the largest revenue share in 2017 owing to technological advancements, high volume of endoscope-guided surgeries, and rising preference for minimally invasive surgeries
• Cardiac surgery emerged as the largest application segment in 2017. This growth is attributed to rising prevalence of target diseases, preference for minimally invasive cardiac surgeries, and R&D initiatives aimed at developing real-time cardiac interventions systems
• Hospitals emerged as the largest end-use segment in 2017. However, Ambulatory Surgery Centers (ASCs) segment is projected to expand at the fastest CAGR of 7.3% over the forecast period
• North America emerged as the largest regional market. Asia Pacific is anticipated to exhibit the fastest growth rate of 7.6% during the forecast period
• The market is consolidated with the presence of Koninklijke Philips N.V., Siemens Healthineers, GE Healthcare, and Fujifilm Holdings Corporation accounting for the majority market share. Analogic Corporation; Varian Medical Systems, Inc.; Brainlab AG; Medtronic PLC; and Stryker Corp. are several other prominent companies in the market.

Grand View Research has segmented the global image-guided therapy systems market on the basis of product, application, end use, and region:

Image-guided Therapy Systems Product Outlook (Revenue, USD Million, 2014 - 2025)

• Computed Tomography (CT) Scanners
• Ultrasound Systems
• Magnetic Resonance Imaging (MRI)
• Endoscope
• X-ray Fluoroscopy
• Positron Emission Tomography (PET)
• Single Photon Emission Computed Tomography (SPECT)

Image-guided Therapy Systems Application Outlook (Revenue, USD Million, 2014 - 2025)

• Cardiac Surgery
• Neurosurgery
• Orthopedic Surgery
• Urology
• Gastroenterology
• Oncology Surgery
• Others

Image-guided Therapy Systems End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Clinics
• Research & Academic Institutes

Image-guided Therapy Systems Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
• Europe
  • Germany
  • UK.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Sweden
• Asia Pacific
  • China
  • India
  • Australia
  • Singapore
• Latin America
  • Brazil
• Middle East & Africa
  • South Africa
  • Saudi Arabia

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.

Latin America Nutrition & Dietary Supplements Market will Reach at a CAGR of 8.8% from 2018- 2025

The Latin America nutrition and dietary supplements market size is expected to reach USD 47.5 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.8% over the forecast period. Growing expenditure on nutrition and dietary supplements, disposable income, and consumer awareness are some of the key market drivers. Changing regulatory framework to ensure drug safety in Latin American countries such as Mexico and Argentina is also expected to positively impact market growth in the forthcoming years.

Growing demand for nutrition and dietary supplements among geriatric population is also one of the considerable market drivers. Nutrition plays a vital role in maintaining health of geriatric population and has a significant impact on aging process. Risk of malnutrition, functional impairments, age-related diseases, and physical inabilities are prevalent among elderly population. These issues might interfere with healthy nutritional status of an individual. Thus, dependence on these supplements has increased over the past few years.

Growing middle class population coupled with high spending on nutrition and dietary supplements is a key driver for the market. There are nearly 300 million middle-class people in Latin America. This number has more than doubled over the period of past 30 years representing a rise in consumer buying power. This factor is anticipated to positively impacting market expansion over the forecast period.

Access Research Report of Latin America Nutrition & Dietary Supplements Market @ www.grandviewresearch.com/industry-analysis/latin-america-nutrition-dietary-supplements-market

Further key findings from the report suggest: 

• Additional supplements segment accounted for the largest revenue share in 2016 owing to rising awareness, spending on supplements, and various initiatives undertaken to prevent malnutrition
• Powder emerged as the largest formulation segment in terms of revenue share in 2016 owing to ease of consumption as compared to other formulations. However, the others segment that includes gummies, lollipops, lozenges, and shots is projected to expand at the fastest CAGR
• Adult emerged as the largest consumer segment in 2016 while children segment is expected to witness lucrative CAGR over the forecast period
• In terms of geography, Brazil accounted for the largest revenue share in 2016. Argentina is expected to expand at the fastest CAGR in near future
• Herbalife; Bayer AG; Pfizer, Inc.; and Merck are the major players operating in the Latin America nutrition and dietary supplements market. The market is majorly dominated by multinational companies. However, domestic players are also increasingly investing in this market.

Grand View Research has segmented the Latin America nutrition and dietary supplements market on the basis of function, formulation, consumer, and country:

Latin America Nutrition and Dietary Supplements Function Outlook (Revenue, USD Million, 2014 - 2025)

• Medical Foods
• Sports Nutrition
• Additional Supplements
  • Functional Foods
  • Dietary Supplements
    • Vitamin
    • Mineral
    • Enzymes
    • Amino Acids
    • Others

Latin America Nutrition and Dietary Supplements Formulation Outlook (Revenue, USD Million, 2014 - 2025)

• Tablets
• Capsules
• Liquid
• Powder
• Soft Gel
• Others

Latin America Nutrition and Dietary Supplements Consumer Outlook (Revenue, USD Million, 2014 - 2025)

• Infant
• Children
• Adult
• Pregnant
• Geriatric

Latin America Nutrition and Dietary Supplements Country Outlook (Revenue, USD Million, 2014 - 2025)

• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Columbia
  • Costa Rica
  • Venezuela

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.

Pharmacy Inventory Management Software Solutions and Cabinets Market is Estimated to Reach a Valuation of $7.16 Billion by 2025

The global pharmacy inventory management software solutions and cabinets market size is expected to reach USD 7.16 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting an 8.6% CAGR during the forecast period. Increasing number of dispensed prescriptions, growing adoption of pharmacy automation systems, and rising incidence of medication errors are some of the key drivers for this market. Technological advancements in automated dispensing cabinets design are also expected to positively impact market growth in the coming years.

Rising number of retail, mail order, and long-term care (LTC) pharmacies propel demand for inventory management software and systems in order to dispense high volume of medications. Rising pressure by governments to minimize medication costs is further expected to drive demand for these software and cabinets, as they aid in reduction of excess inventory costs. Increasing demand for efficient workflow in hospitals and pharmacies is also contributing toward market growth.

Demand for automated dispensing cabinets is increasing in retail pharmacies owing to increasing workload on pharmacists, coupled with surging need for effective patient counselling. In addition, rising government initiatives towards improvement in healthcare infrastructure and growing healthcare expenditure in developing countries are positively influencing market growth.

Access Research Report of Pharmacy Inventory Management Software Solutions and Cabinets Market@ https://www.grandviewresearch.com/industry-analysis/pharmacy-inventory-management-software-solutions-cabinets-market

Further key findings from the report suggest:

• Pharmacy inventory management systems/cabinets in retail pharmacies emerged as the leading segment in terms of revenue in 2017 owing to rising number of retail pharmacies and growing number of prescriptions
• By mode of operation, decentralized systems/cabinets accounted for the largest revenue share in 2017 owing to rising incidence of medication errors and increasing number of dispensed prescriptions
• In terms of geography, North America dominated the global market in 2017 in terms of revenue and Asia Pacific is expected to register the highest growth rate over the forecast period
• Omnicell, Inc.; BD; Talyst, LLC; and ARxIUM are the major players operating in the market. This market is dominated by the presence of both multinational companies and small players.

Grand View Research has segmented the global pharmacy inventory management software solutions and cabinets market on the basis of end use, mode of operation, and region:

Pharmacy Inventory Management Software Solutions and Cabinets End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Independent pharmacies
  • Software Solutions
  • Cabinets
• Hospital pharmacies
  • Software Solutions
  • Cabinets
• Long-term care centers
  • Software Solutions
  • Cabinets

Pharmacy Inventory Management Software Solutions and Cabinets Mode of Operation Outlook (Revenue, USD Million, 2014 - 2025)

• Centralized systems
  • Software Solutions
  • Cabinets
• Decentralized systems
  • Software Solutions
  • Cabinets

Pharmacy Inventory Management Software Solutions and Cabinets Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
• Asia-Pacific
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East Africa
  • 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.

Sarcoma Drugs Market will be Worth USD 1.2 Billion by 2023

The global sarcoma drugs market size is expected to be valued at USD 1.2 billion by 2023, as per a new report by Grand View Research, Inc., progressing at a CAGR of 8.5% during the forecast period. The growth of the market is largely driven by factors such as new product launches, increasing adoption of novel therapeutics, and growing target population.

Sarcomas account for less than 1.0% of all adult cancers. Though sarcomas represent a heterogeneous group of over 50 different histological subtypes, the two major subtypes are soft tissue sarcomas (STS) and bone sarcoma. Approximately, 12,000 patients in the U.S. and 28,000 patients in Europe are diagnosed with STS every year.

For over 40 years, mainstay of localized sarcoma treatment included surgical resection followed by neoadjuvant or adjuvant radiation or chemotherapy. However, even after complete surgical resection, about 50.0% of patients with intermediate or high grade sarcoma develop metastatic disease. Introduction of targeted therapy has revolutionized treatment paradigm for sarcoma. Targeted therapies and pipeline breakthroughs will continue to play a pivotal role in the growth of the market throughout the forecast period.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/sarcoma-drugs-market

Further key findings from the report suggest:

• EU5 will remain the second largest market with more than 30% share by 2023. The growth of the segment can be attributed to rising incidence of STS, uptake of targeted therapies, and increasing R&D activities
• Eli Lilly’s Lartuvo has displaced standard doxorubicin therapy as front-line STS treatment and is anticipated to maintain its prominence in the market over the forecast period
• Strong unmet needs within the market present a key opportunity to develop breakthrough first-in-class therapies. Out of 45 drugs in the pipeline for sarcoma, seven are in Phase III, 22 in Phase II, two in Phase I/II trials, and the remaining in Phase I and Pre-clinical trials
• The potential role for use of immuno-oncology agents in sarcomas is currently under evaluation in Phase I/II clinical trials
• Companies with late-stage pipeline products for sarcoma are likely to enter the market by 2019 and would capture more than 10.0% of the sarcoma market share in 2023
• Drugs with novel targets in early-phase development include Novartis’s Afinitor (mTOR inhibitor), Tesaro’s Zejula (PARP inhibitor), Amgen’s Imlygic (gene therapy), and Pfizer’s Crizotinib (ALK and MET tyrosine kinases inhibitor)
• Role of VEGF inhibitors and mTOR inhibitors is under evaluation in multiple early phase trials. However, no statistically significant data has been reported till date

Grand View Research has segmented the global sarcoma drugs market based on treatment type and region:

Sarcoma Drugs Treatment Class Outlook (Revenue, USD Million, 2017 - 2023)

• Chemotherapy
• Targeted Therapy

Sarcoma Drugs Country Outlook (Revenue, USD Million, 2017 - 2023)

• US.
• UK.
• Germany
• France
• Italy
• Spain
• Japan

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.

Spray Drying Equipment Market Expected to Behold a CAGR of 6.8% from 2019 to 2025

The global spray drying equipment market size is estimated to reach USD 7.19 billion by 2025 registering a CAGR of 6.8%, according to a new study by Grand View Research, Inc. Spray drying envisages transforming a liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It is a widely preferred method to dry food materials, pharmaceutical products, and other temperature-sensitive items, such as dairy products. Moreover, rising need to increase the shelf-life of processed food and pharmaceutical products is opening new growth opportunities in the food processing and pharmaceutical industries. Thus, demand from the dairy processing industry for producing milk powder and stabilizing the milk constituents and from the pharmaceutical industry for producing antibiotics is anticipated to drive the market.

The demand for nutrition products including whey protein, mass gainer, egg white protein, casein protein has increased due to rising awareness about leading a healthy lifestyle and to prevent disorders, such as obesity, diabetes, and high BP. This, in turn, has also augmented the demand for dryers from the nutraceutical industry. Increasing demand for resins and polymers in line with the growing usage of synthetics has triggered the demand for drying Suspension Polyvinyl Chloride (S-PVC), Emulsion Polyvinyl Chloride (E-PVC), and other chemicals required for producing building pipes, cable insulations, and hard and soft foils, among others. Demand for spray dryers for industrial purposes is further expected to drive the market from 2019 to 2025.

Growing need for application-specific dryers is also offering new growth opportunities for companies to develop innovative equipment. For instance, the risk of explosion and emission of hazardous gases while drying chemical and pharmaceutical products has led to the development of closed loop dryers. Similarly, the need to process and produce powder particles in bulk quantities is leading to a significant adoption of three-stage equipment. However, high installation and maintenance costs and the inability of spray dryers to process highly-viscous materials, such as starch and fruit pulp, may hinder the market growth over the forecast period.

Access Research Report of Spray Drying Equipment Market @ https://www.grandviewresearch.com/industry-analysis/spray-drying-equipment-market

Further key findings from the study suggest:

• Demand for three-stage spray drying equipment is expected to increase from 2019 to 2025 due to its benefits, such as high thermal efficiency, low energy consumption ratio, and ability to process bulk production
• North America accounted for the largest market share of more than 30% in 2018 owing to high annual milk production in U.S. as a result of rising demand for powdered milk, infant products, and other nutraceutical products
• Extensive product usage in the pharmaceutical industry for R&D purposes in laboratories is also anticipated to drive the North American regional market over the forecast period
• Changing consumer food preferences and increasing number of installations of food processing plants in emerging economies, such as India and China, are expected to drive the APAC market
• The chemical application segment is expected to witness the highest CAGR over the forecast period owing to higher product adoption in the manufacturing of polymers and resins, hard metals, dyestuff and pigments, and agrochemicals
• Key companies in the spray drying equipment market are GEA Group AG, Dedert Corporation, and Tetra Pak International S.A. These companies are strategically expanding their geographical footprint to increase their market share and overall profitability

Grand View Research has segmented the global spray drying equipment market on the basis of product, stage, cycle, flow, application, and region:

Spray Drying Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)

• Rotary Atomizer
• Nozzle Atomizer
• Fluidized
• Centrifugal

Spray Drying Equipment Stage Outlook (Revenue, USD Million, 2015 - 2025)

• Single-Stage
• Two-Stage
• Multi-Stage

Spray Drying Equipment Cycle Outlook (Revenue, USD Million, 2015 - 2025)

• Open
• Closed

Spray Drying Equipment Flow Outlook (Revenue, USD Million, 2015 - 2025)

• Co-Current
• Counter-Current
• Mixed Flow

Spray Drying Equipment Application Outlook (Revenue, USD Million, 2015 - 2025)

• Food & Dairy
• Pharmaceuticals & Nutraceuticals
• Chemical
• Others

Spray Drying Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• South America
  • Brazil
  • Argentina
• MEA (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.

Software Defined Perimeter Market Size, Share, Trends, Analysis And Growth Forecast To 2025

The global software defined perimeter market size is expected to reach USD 10.25 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.4% during the forecast period. Evolution of IoT and developments in Bring Your Own Device (BYOD), are anticipated to boost the growth. Increasing adoption of cloud technology by small and medium enterprises is expected to boost the overall software defined perimeter (SDP) market. Increasing exposure to cloud migration has made it difficult for the enterprises to efficiently secure the perimeter.

Traditional VPN access is liberal and grants remote workers with the access to the network which are further not required to complete the tasks. This results in the access to the resources and are unreasonably visible, vulnerable, and can be attacked easily. Organizations require surplus user connection and deployment through many cloud instances. VPN or the firewall costs increases instantly with the need for these surplus authorizations. VPN also offers flexibility and hence, can be used to connect Virtual Private Clouds (VPCs), datacenters, and multiple networks. However, these connection costs high and are resource-intensive. SDP reduces the costs incurred and hence drives demand for data security in the infrastructure.

Many organizations such as banks and other finance services, healthcare, and telecom provider face difficulty in meeting the security requirements in virtualized cloud environments. Financial institutions have a requisite of data center with several physical controls. This makes it difficult for financial institutions to utilize public cloud services. SDP simplifies these difficulties and helps in utilizing the public cloud services when required.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/software-defined-perimeter-sdp-market

Further key findings from the report suggest:

• Telecom and IT is projected to emerge as the fastest growing segment over the forecast period
• Large enterprises emerged as the largest segment in 2017 and is estimated to generate revenue over USD 7.02 billion by 2025
• North America held the largest share in the SDP market in 2017, owing to adoption of cloud technology and stringent regulations on data
• Key players operating in the SDP market include Cisco Systems Inc.; Juniper Networks; Intel Corporation; Fortinet Inc.; Symantec Corporation; Certes Networks; EMC RSA; among others

Grand View Research has segmented the software defined perimeter market on the basis of enforcement point, deployment, organization, application, and region:

Software Defined Perimeter Enforcement Point Outlook (Revenue, USD Million, 2015 - 2025)

• Gateway
• Controller
• End-Point

Software Defined Perimeter Deployment Outlook (Revenue, USD Million, 2015 - 2025)

• On-Premise
• Cloud

Software Defined Perimeter Organization Outlook (Revenue, USD Million, 2015 - 2025)

• Small and Medium Enterprises
• Large Enterprises

Software Defined Perimeter Application Outlook (Revenue, USD Million, 2015 - 2025)

• Defense
• Telecom & IT
• BFSI
• eCommerce & Retail
• Healthcare
• Government
• Others

Software Defined Perimeter Regional Outlook (Revenue, USD Million, 2015 - 2025)

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

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.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/structural-health-monitoring-shm-market

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.

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

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.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/workforce-management-market

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.

To request a sample copy or view summary of this report, click the link below:
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.