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Reprocessed Medical Devices Market Analysis, Size Forecasts Till 2022: Grand View Research, Inc.

September 21, 2018 12:09PM, 0 comments

San Francisco, 21 September 2018; According to a report by Grand View Research, Inc., a global reprocessed medical devices market is estimated to value USD 5.0 billion by 2022. Growing requirement for reduction in medical waste and healthcare expenditure is anticipated to propel demand for reprocessed medical devices as they offer less medical waste, safety, and low medical expenses. Growing adoption of reprocessed medical devices in hospitals and other healthcare centers attributed to excellent cost-efficiency can fuel the market growth.

Continuous methodological advancements related to reprocessing of medical devices coupled with increasing number of third party preprocessors would also augment market development. Growing inclination of healthcare professional towards single-use reprocessed devices (SUDs) to ensure patient safety by reducing the risk of contracting infections can also foster the market demand during the forecast period (from 2016 to 2022).

The global reprocessed medical devices market is segregated on the basis of product type, end-use, and region. On the basis of product type, the market is categorized into laparoscopic, gastroenterology, general surgery devices, and cardiovascular. In 2014, the cardiovascular segment dominated the overall market and accounted for 56.1% of the total share. On the basis of end-use, the market is classified into home healthcare, hospitals, and others. In 2014, hospital segment led the market. On the basis of geographies, the market is divided into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA).

Browse Research Report on Reprocessed Medical Devices Market:

www.grandviewresearch.com/industry-analysis/reprocessed-medical-devices-market

In 2014, North America dominated the global market and accounted for USD 540.9 million of the overall share. Growing need to control waste generation to prevent any damage to environment caused due to increasing number of landfills can propel the market growth. In addition, supportive government initiatives in the region to spread awareness regarding reprocessing of equipment would also stimulate the growth of reprocessed medical devices market over the next few years.

In Europe, the market is anticipated to grow well during the forecast period on account of rising awareness regarding the availability of advanced products and positive government initiatives to reduce healthcare expenses. Furthermore, strong presence of various organizations in the region, such as European Association for Medical Device Reprocessing (EAMDR), that spread awareness by collaborating with companies, research institutes etc. can influence the market demand.

The Asia Pacific regional market is predicted to expand at a strong growth rate owing emerging economies focusing on controlled operational expenses. This, in turn, is expected to foster the market growth over the coming years. In addition, increasing investments from international companies to improve healthcare infrastructure in the region can also spur the market growth.

Some of the leading companies offering reprocessed medical devices are Philips Healthcare; SureTek Medical; SterilMed, Inc.; Siemens Healthineers; GE Healthcare; and Centurion Medical Products Corp. Technological advancements in various methods of testing, inspection, cleaning, and sterilization of medical devices making them reusable and safe for clinical applications can stimulate the market growth.

Considering the benefits, most companies are focusing on R&D activities to develop advanced methods to reduce refurbishment cost. In addition, companies are also actively involved in M&A activities for regional expansion. Rising number of new market players and frequent product approvals are anticipated to fuel competition in market.

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the reprocessed medical devices market on the basis of product, end-use, and region:

Global reprocessed medical devices product outlook (Revenue, USD Million, 2012 - 2022)

  • Cardiovascular
    • Blood Pressure Cuffs
    • Positioning Devices
    • Cardiac Stabilization Devices
    • Diagnostic Electrophysiology Catheters
    • Electrophysiology Cables
    • Deep Vein Thrombosis Compression Sleeves
  • Laparoscopic
    • Harmonic Scalpels
    • Endoscopic Trocars
  • Gastroenterology
    • Biopsy Forceps
    • Others
  • General Surgery Devices
    • Balloon Inflation Devices
    • Pressure Bags
  • Orthopedic Devices

Global reprocessed medical devices end-use outlook (Revenue, USD Million, 2012 - 2022)

  • Hospitals
  • Home Healthcare
  • Others

Reprocessed medical devices regional outlook (Revenue, USD Million, 2012 - 2022)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Mexico
    • Brazil
  • MEA
    • South Africa

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-reprocessed-medical-devices-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Preclinical CRO Market Analysis, Size Forecasts Till 2025: Grand View Research, Inc.

September 21, 2018 12:09PM, 0 comments

According to a report published by Grand View Research, Inc.; the preclinical CRO marketis estimated to reach a valuation of around USD 6.6 billion by 2025. Growing R&D expenditure for early stage and late-stage drug development, rise in number of drugs in preclinical phase, and increasing focus of life science companies on their core facilities can propel the market over the forecast period (2014 to 2025). The market is projected to exhibit a 8.3% CAGR over the forecast period due to rise in R&D expenditure for drug development. Growing drug pipeline for cancer and autoimmune diseases is expected to boost market demand in the coming years.

The outsourcing model is mainly adopted by life science companies to reduce the total R&D expenses required for drug discovery and development, which is likely to increase the demand for quality contract research organizations (CROs). Rising preclinical pipeline for cancer and orphan diseases is expected to drive the demand for outsourcing in preclinical trials. Approximately, 50% failures cases in preclinical phase are caused due to issues at the time of nonclinical toxicology testing and 5.2% failure rates are due to issues in preclinical pharmacokinetic testing, according to a report by the Servier Research Institute.

High rate of failure in toxicology tests is likely to induce demand for preclinical CROs. Improving capabilities of these CROs is also contributing towards the market growth and encouraging outsourcing of preclinical services to CROs. However, improvement in quality standards is likely to overcome the challenge of standardization. The outsource vendors are increasingly taking efforts to adhere to the international standards set by various regulatory authorities including European Medicines Agency (EMA) and the U.S. Food and Drug Administration (FDA). This is also expected to create positive outlook for the market.

Browse Research Report on Preclinical CRO Market:

www.grandviewresearch.com/industry-analysis/preclinical-cro-market

The worldwide preclinical CRO market can be segmented on the basis of service, end-use, and region. Based on service, the market can be split into toxicology testing, bioanalysis and DMPK studies, and other preclinical services. As per end-use, the market can be fragmented into biopharmaceutical companies, government and academic institutes, and medical device companies.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa (MEA). North America is likely to dominate the market during the forecast period. This can be attributed to existence of early stage development CROs, improved quality of work, economic stability, developed scientific experience and acumen, and better logistics in the region. Approval of the 21st Century Cures bill in the U.S. has spurred the approval process for introduction of breakthrough drugs and medical devices. These updates in the approval process are anticipated to foster innovation and also expected to boost demand for preclinical services, which in turn can boost market growth.

In the United States, toxicology testing is a key aspect of Investigational New Drug (IND)-enabling studies. Thus, rise in subcontracting of noncore preclinical studies to CROs and the improving capabilities of CROs to provide further value add services are likely to drive the market growth in the coming years.

Asia Pacific is likely to showcase robust growth in the coming years. Changing business model of MNCs outsourcing and growing R&D expenditure and availability of cost-effective CRO agencies in countries like China and India have boost the preclinical outsourcing trend in the region.

Prominent players operating in the market include PRA Health Science, Inc.; Charles River Laboratories International, Inc.; Medpace, Inc.; Pharmaceutical Product Development, LLC.; and Laboratory Corporation of America.

Many life science firms are shifting from a functional to outsourcing model. This is likely to boost the demand for large CROs which provide end-to-end preclinical services. For instance, AstraZeneca extended its partnership with Charles River Laboratories for safety assessment, development of orphan drugs, and pharmacokinetic services. Rising trend of outsourcing end-to-end services in biopharmaceutical companies is likely to boost the market growth. Demand for this service is extremely high across small and mid-size biopharmaceutical firms that lack sufficient inhouse-expertise required for preclinical phase of drug development.

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the preclinical CRO market on the basis of service type, end use, and region.

Service Type Outlook (Revenue, USD Million, 2014 - 2025)

  • Bioanalysis and DMPK Studies
  • Toxicology Testing
  • Other Preclinical Services

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

  • Biopharmaceutical Companies
  • Government and Academic Institutes
  • Medical Device Companies

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

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)
    • South Africa

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-preclinical-cro-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Location Intelligence Market Share, Opportunities and Forecast by 2025 | Industry Players Navizon

September 21, 2018 10:09AM, 0 comments

The global location intelligence market size is anticipated to reach USD 25.25 billion by 2025, according to a new study by Grand View Research Inc. It is anticipated to expand at a CAGR of 15.3% over the forecast period. Increasing penetration of network infrastructure and smart devices coupled with rapid digitization give organizations access to diverse information about consumers, system performance, and assets among others. This factor is anticipated to spur the global location intelligence market. Furthermore, rising demand for location data to enhance business operations and to deliver personalized services is expected to further propel market growth.

Location intelligence is a business intelligence tool capability enabled by data collected from Internet of Things (IoT) and Geographic Information System (GIS) embedded devices. It enables businesses to identify consumer trends, buyer behavior, and other information about niche markets. This helps organizations make informed decisions, deliver better products and services, and mitigate market uncertainties. Organizations are incorporating real-time location monitoring capabilities in various devices, especially smartphones, for monitoring and recording geographic position of consumers to analyze trends, improve customer experience, and optimize business operations.

Majority of consumer electronics manufacturers are incorporating a variety of software and hardware components to collect consumer data over the internet. This enables them to target right audience and gain market share. Booming smartphone and smart devices industry in Asia Pacific (APAC) is expected to drive the market growth. Steady rise of investments in IoT technologies, number of smartphone users, and spending on connected devices in APAC countries are predicted to drive the location intelligence market over the forecast period. However, lack of network infrastructure, data privacy, awareness about geospatial and predictive analytics, as well as various operational challenges can hinder market growth.

Browse Research Report on Location Intelligence Market:

www.grandviewresearch.com/industry-analysis/location-intelligence-market

Further key findings from the study suggest that:

  • North America accounted for the largest market share in 2017, owing to highest adoption of IoT and presence of key players, such as Google LLC, Apple Inc., Qualcomm Inc., TIBCO Software Inc., ESRI, and HERE
  • European Commission is heavily investing in IoT infrastructure and location intelligence technologies to accelerate market development in the region
  • Asia Pacific is expected to experience significant growth over the forecast period, owing to rising number of smartphone users and service providers, enhancement of networking technologies, and rising use of social media
  • Transportation and logistics accounted for over 19.0% of the location intelligence market in 2017
  • Technological advancements in network communication, position determination techniques, and sensor technologies enable organizations to adopt various innovative location intelligence tools
  • In 2017, sales and marketing optimization and customer management applications accounted for over 20.0% and 17.0% market share respectively. These applications enable assessment of spending patterns, consumer behavior, and forecast sales enabling optimization of profitability.

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/technology

Grand View Research has segmented the global location intelligence market on the basis of application, service, vertical, and region:

Location Intelligence Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Workforce Management
  • Asset Management
  • Facility Management
  • Risk Management
  • Remote Monitoring
  • Sales & Marketing Optimization
  • Customer Management
  • Others

Location Intelligence Service Outlook (Revenue, USD Million, 2015 - 2025)

  • Consulting
  • System Integration
  • Others

Location Intelligence Vertical Outlook (Revenue, USD Million, 2015 - 2025)

  • Retail & Consumer Goods
  • Government & Defense
  • Manufacturing & Industrial
  • Transportation & Logistics
  • BFSI
  • IT & Telecom
  • Utilities & Energy
  • Media & Entertainment

Location Intelligence Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
  • South America
  • Middle East & Africa (MEA)

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-location-intelligence-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Casino Management System Market Size, Trends, Growth, Share, Opportunities and Forecast by 2025

September 21, 2018 10:09AM, 0 comments

The global casino management system market size is expected to reach USD 11,726.7 million by 2025, according to a new study by Grand View Research, Inc., progressing at a CAGR of 14.8% during the forecast period. Growing demand for these establishments and increasing social acceptance are expected to emerge as crucial factors for driving the market. Increasing use of technologically advanced solutions and systems across the casino floor to boost operational efficiency will further drive growth in the casino management system market.

North America emerged as the highest revenue generating segment in 2016 and is expected to grow at a CAGR of 13.5% from 2017 to 2025. However, it is estimated that Asia Pacific will witness significant growth and will grow with the fastest CAGR of 17.0% over the forecast period. The growth of the casino gaming industry, especially in Japan, China, and India, is expected to play a major role in propelling the over the forecast period. Governments across the region are gradually legalizing casino gaming, owing to the various social and economic benefits. A rising number of these establishments and evolving customer preferences towards casino-style gaming will boost the casino management system market over the next nine years.

It involves a multitude of monetary transactions which has resulted in an increase in the number of fraud and spoofing attacks. To safeguard against cheating, fraud and other crimes, operators are heavily investing in security & surveillance solutions to ensure a safe gaming environment across the casino floor. Hence, security & surveillance systems have become a vital component of a casino management system enabling casino operators to monitor and manage security threats in real time. Video analytics, license plate recognition, facial recognition and automated surveillance technologies are being implemented increasingly which is expected spur the casino management system market growth.

These systems incorporate analytic tools, management systems, player tracking, and other tools. The analytics segment is expected to grow with the fastest CAGR of 16.2% over the forecast period. These systems are expected to witness high penetration as casinos become more data driven and analytical tools can help gain a competitive edge. Analytical tools offer varying insights on customer behaviour, game preferences, spending patterns, and win/loss probabilities, among others. Such insights enable operators to deliver a personalized gaming experience, enhancing customer retention rate and streamline gaming operations. However, emerging online gaming platforms are expected to gain increased market penetration owing to the evolving customer preferences which is likely to hinder the market growth.

Browse Research Report on Casino Management System Market:

www.grandviewresearch.com/industry-analysis/casino-management-system-market

Further key findings from the study suggest:

  • The security & surveillance segment is expected to dominate the overall market, and was valued at USD 757.6 million in 2016. Advancements in automated security solutions is further expected to drive market growth in this segment.
  • Analytics segment is expected to witness significant growth at a CAGR of over 16% from 2017 to 2025. Analytical tools are likely to witness increased adoption over the forecast period owing to varying insights offered enabling operators to remain profitable.
  • The player tracking segment was valued at USD 512.6million in 2016. Operators are incorporating digital technologies to deliver a more personalized gaming experience and drive customer retention rate.
  • Asia Pacific is expected to witness the highest growth rate over the forecast period. Increased demand for these establishments coupled with changing consumer preferences and rising disposable income will augment the market growth.
  • Global players include International Game Technology (IGT), Micros Systems, Inc., Aristocrat Leisure Limited, Konami Corporation, Bally Technologies, and Honeywell International, Inc., among others.
  • Key players are adopting organic and inorganic growth strategies such as investments in R&D, product innovation, and M&A activities to acquire larger market share.

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global casino management system market on the basis of application, and region:

Casino Management System Application Outlook (Revenue, USD Million; 2014 - 2025)

  • Security & Surveillance
  • Analytics
  • Accounting & Cash Management
  • Player Tracking
  • Property Management
  • Marketing & Promotions
  • Others

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

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-casino-management-system-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Robotic Process Automation Market Analysis, Size Forecasts Till 2024: Grand View Research, Inc.

September 20, 2018 01:09PM, 0 comments

According to a report by Grand View Research, Inc., global Robotic Process Automation (RPA) market is estimated to reach USD 8.75 billion by 2024. The market is also anticipated to expand at a growth rate of 60.5 % over the forecast period (from 2018 to 2024). Growing requirement for fast and cost-effective business process solutions to enhance the operational efficiency is anticipated to propel the market demand. Implementation of the RPA technology in organizations offers tools to create software and thus automates any business process. In addition, it can also learn countless new skills while performing multiple prescribed functions. Such useful functionalities of RPA technology are likely to augment its demand in the forthcoming years.

The RPA technology can improve and scale up data security and operational efficiency in any business by adapting and interpreting existing application for processing a transaction and manipulate data. It can also communicate with the existing digital systems in an organization. The self-learning and self-correcting abilities of this technology can influence the growth of the market in the coming years. Increasing use of RPA to automate business processes to replace manual operations and reduce expenses can fuel market demand in future.

The global robotic process automation market is segregated on the basis of service, application, organization, and region. Based on service, market is bifurcated into training services and professional services. In 2016, training segment dominated the market and is estimated to grow at a similar pace during the forecast period. Based on application, the market is classified into healthcare, retail, telecom, manufacturing, BFSI, and others. In 2016, telecom & IT segment dominated the market and accounted for market share equivalent to USD 65.6 million and is estimated to grow at a CAGR of 60% during the forecast period.

Browse Research Report on Robotic Process Automation Market:

www.grandviewresearch.com/industry-analysis/robotic-process-automation-rpa-market

On the basis of geographies, the market is divided into Europe, Asia Pacific, North America, Latin America, Middle East & Africa (MEA). In 2016, North America led the market and it is expected to grow at a similar pace even during the forecast years. Growing penetration of automation and process management solutions are expected to be the key factors fueling the market growth in the region. In addition, rising adoption of virtual workforce technology in businesses is also likely to foster the market growth in this region.

The Asia Pacific regional market accounted for a market share equivalent to USD 21.3 million in 2016. The region is likely to witness a significant growth during the forecast period due to high adoption of automation solutions including robots, Artificial Intelligence (AI), and Machine Learning (ML). In addition, high demand for business process automation, particularly in the BPO sector, in emerging economies such as India and China can bode well for the region’s growth. In Latin America, the RPA market is predicted to grow at phenomenal CAGR of 52% during the forecast period. Rising adoption of automation technologies and their applications is said to stimulate the region’s development over the coming years.

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Some of the leading companies offering RPA technologies are Jacada Inc.; Blue Prism Group Plc; Automation Anywhere Inc.; Be Informed B.V.; and OpenSpan. The robotic process automation market is highly competitive thus, most companies focus on offering most advanced and superior solutions to maintain their industry positions. In addition, these companies also implement RPA technology internally in order to automate their back-end processes, which expedites productivity and enhances the product quality.

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-robotic-process-automation-rpa-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Respiratory Syncytial Virus Diagnostics Market Analysis, Size Forecasts, 2012 to 2022

September 20, 2018 12:09PM, 0 comments

According to a report published by Grand View Research, Inc., the respiratory syncytial virus (RSV) diagnostics market is likely to reach a valuation of around USD 1.2 billion by 2022. Rising prevalence of respiratory infections, increasing infant population, high demand for in-vitro diagnostics, and growing demand for point of care facilities can drive the market over the forecast period (2012 to 2022).

Increasing occurrence of newborns suffering from respiratory conditions like RSV infections and childhood pneumonia coupled with supportive efforts by health care providers for diagnosis are likely to boost the market growth in the coming years. As per the world population meter, in 2015, over 88 billion births were noticed and out of these more than 2.8 million babies died in the first month due to infection and lack of screening for such conditions. Reputed organizations such as World Health Organization (WHO), Pan America Health Organization (PAHO), The Centers for Disease Control and Prevention (CDC), and others are also taking efforts in spreading awareness and educate parents regarding the probable disorders and their diagnostic procedures. This is also expected to boost the market demand.

The worldwide respiratory syncytial virus (RSV) diagnostics market can be segmented on the basis of product, end-use, and region.

Based on product, the market can be bifurcated into direct fluorescence antibody (DFA) method, rapid antigen diagnostic tests (RADTs), flow cytometry, molecular diagnostics, diagnostic imaging, chromatographic immunoassay, gel microdroplets, and others. As per end-use, the market can be categorized into hospitals, laboratory, clinics, and homecare. Hospitals and home care segments together are anticipated to contribute over 50.0% of the market share in 2022.

Geographically, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA).

Browse Research Report on Respiratory Syncytial Virus Diagnostics Market:

www.grandviewresearch.com/industry-analysis/respiratory-syncytial-virus-diagnostics-market

North America has been dominating the market and expected to contribute revenue share over 40.0% by 2022. Increasing incidence of these disorders and growing neonatal population are factors expected to drive regional growth over the forecast period. In 2014, hospitalization of more than 150,000 kids (below the age of five) and around 14,000 deaths in elderly patients were recorded in the U.S. due to RSV infections. Products such as chromatographic immunoassays and molecular diagnostics are widely used in the region as they offer high accuracy, specificity, and sensitivity. In addition, growing awareness among the population and supportive efforts from government organizations such as WHO and Pan American Health Organization (PAHO) to perform screening for newborns are also expected to drive the market growth in the region.

Latin America is expected to show significant growth due to increasing cases of childhood pneumonia. According to the WHO, approximately 151.8 million cases of childhood pneumonia were noted in 2001 in Latin America and about 1.9 million of these cases caused death. In addition, the government has ordered 100% screening of all children born in private sector hospitals. According to paper entitled “Respiratory syncytial virus infection as a cause of hospitalization in population under 1 year in Colombia” in the Jornal de Pediatria, one in 3 cases of lower respiratory tract infection is caused by RSV and nearly 30.0% cases of the infection were in Columbia.

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/medical-devices

Asia Pacific is expected to show fastest growth during the forecast period due to rising incidence of infectious diseases. Growing demand for automated healthcare testing for fast and accurate diagnosis of the disease is likely to spur the market growth in the region. Countries such as India, China, Malaysia, and Japan are anticipated to show high growth in the region. This growth can be associated with increasing infant population, improving healthcare facilities, economic development, and increasing government initiatives.

Key players operating in the market include Thermo Fisher Scientific Inc.; Dickinson and Company; Bio-Rad Laboratories Inc.; Quidel Corporation, Alere Inc.; and BioMerieux.

The participants in the market are expected to adopt strategies including new product launches, mergers and acquisitions to strengthen their product range, and expansions to create a global presence. The strategic partnerships between pharmaceutical companies and in vitro diagnostic manufacturing companies to develop companion diagnostics are expected to create future opportunities.

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-rsv-diagnostics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

Read more..

Visible Light Communication Market Share, Opportunities and Forecast by 2024: Grand View Research

September 20, 2018 11:09AM, 0 comments

The global VLC/Light Fidelity (Li-Fi) market is expected to reach USD 101.30 billion by 2024, according to a new report by Grand View Research, Inc. Increasing concern over cybersecurity is anticipated to drive demand over the forecast period.

Growing need of green technology solutions with low power consumption is encouraging the development of advanced communication systems.VLC is a disruptive technology and is therefore expected to grab a substantial portion of the Wi-Fi industry in the near future. However, the adoption is at the nascent stage and is currently being used for niche applications, due to which, an extensive R&D investment would help market players to obtain a competitive advantage.

High illumination, longer life and low power consumption of has led the implementation of LED as a component in LiFi systems. Government promotions for smart LED bulbs in developed countries such as the U.S., and the UK are expected to provide a massive infrastructure base to the VLC system providers.

Increasing applications of indoor location-based services embedded with light fixtures in retail shops and hotels is projected to be one of the factors driving revenue growth. Several companies such as GE Lightings, ByteLight Inc. including Koninklijk Philips N.V. are deploying VLC installations in supermarkets which in turn is aiding retailers to tie customers’ shopping history by tracking their location details. This is helping the retailers to deliver on-site information tailored to a customer needs.

Advancements in the automotive industry are projected to enhance the safety of commuters. This is being executed through the vehicle to vehicle (V2V) and vehicle to the roadside (V2R) communication by installing LEDs in headlight and taillight of the vehicle. However, high installation and repair cost are projected to obstruct the large-scale implementation of these systems, especially in the emerging economies.

Browse Research Report on Visible Light Communication Market:

www.grandviewresearch.com/industry-analysis/visible-light-communication-market

Further key findings from the report suggest:

  • In 2014, LED captured a sizeable industry share for over 40% of the overall revenue. Need for safer and reliable communication system using LED lightening has led to an upsurge in demand across commercial buildings, traffic lights, smart stores, game consoles, and consumer electronics.
  • LED technology is projected to be an important component in the VLC system. It enables transmitted signals to utilize various bandwidths as the medium for transmission. Low power consumption, long productive life of LED products has led to profitable opportunities for industry growth.
  • Automotive & transport application segment is estimated to witness high growth and is expected to reach over USD 19.0 billion by 2024. The technology is capable of delivering real-time traffic updates for proper traffic management and road safety featuring vehicle tracking. LED-based traffic lights are also expected to provide a short-route guideline to the driver and help in saving traffic congestion.
  • North America visible light communication (Li-Fi) market is anticipated to grow at a CAGR of 75.9% from 2016 to 2024. This can be primarily attributed to the increasing data traffic and rising adoption of communication system along with the availability of advanced infrastructure. RF spectrum overuse has led increased the data traffic, hence, providing broad growth avenues for the adoption of VLC communication systems.
  • VLC market in Asia Pacific is anticipated to witness substantial growth owing to rising awareness among smartphones consumers. The region is expected to account for around 30% of the overall revenue share by 2024. The existence of major players is expected to propel demand across this region.
  • Notable companies operating in the VLC market include PureLifi, Velmenni, Oledcomm, IBSEN Telecom, and Visilink. The technology is predicted to penetrate across smart cities, wireless sensor networks, augmented reality (AR) applications, ubiquitous networks, power over Ethernet (PoE) and M2M communication.
  • Several institutes and consortiums such as the University of Oxford, Visible Light Communication Consortium (VLCC), Keio University, and Smart Lighting Engineering Research Centre are focusing on innovation and product commercialization

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/semiconductors-and-electronics

Grand View Research has segmented the VLC/Li-Fi market on the basis of component, application and region:

Visible Light Communication Component Outlook (Revenue, USD Million, 2013 - 2024)

  • LED
  • Photodetector
  • Microcontroller

Visible Light Communication Application Outlook (Revenue, USD Million, 2013 - 2024)

  • Retail
  • Automotive & Transportation
  • Consumer Electronics
  • Healthcare
  • Defense & Security and Aviation

Visible Light Communication Regional Outlook (Revenue, USD Million, 2013 - 2024)

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

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-visible-light-communication-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Specialty Polyamides Market Share, Opportunities and Forecast by 2025 | Industry Players Solvay S.A.

September 20, 2018 10:09AM, 0 comments

The global specialty polyamides market is expected to reach USD 3.28 billion by 2024, according to a new report by Grand View Research, Inc. Rising utilization of eco-friendly nylon materials that offers high efficiency and protection to extend product durability is projected to boost market demand over the forecast period.

Growing environmental concern shave led to rise in interest to develop polyamides using renewable feedstock in recent times. Green benefits are not the only reasons for wide acceptance of specialty polyamides. In fact, it is claimed these polyamides can offer better performance than the conventionally made engineering thermoplastics.

Growing disposable income, high demand for low fuel combustion vehicles and strict implementation of regulations by the governing bodies such as EPA has led to increasing demand for these products. Companies such as Evonik Industries AG, BASF SE, Arkema SA, and E. I. du Pont de Nemours and Company have adopted expansion strategies to increase their presence in the market. Most of the companies have been heavily investing in R&D amenities to discover advanced and innovative special engineering nylons that are eco-friendly and easy to use, with less utilization of expensive & harmful raw materials.

Browse Research Report on Specialty Polyamides Market:

www.grandviewresearch.com/industry-analysis/specialty-polyamides-market

Further key findings from the report suggest:

  • The global specialty polyamides market demand was 527.9 kilo tons in 2015 and is expected to exceed 840 kilo tons by 2024, growing at a CAGR of 5.6% from 2016 to 2024
  • Automotive & transportation emerged as the leading application segment with demand share exceeding 35% in 2015. Increasing demand for light weight vehicles on account of existing and proposed stringent governmental regulations regarding automotive pollution along with growing need for fuel-efficient vehicles is expected to drive this segment over the forecast period
  • Electronics & semiconductors are expected to witness brisk growth over the forecast period. Increasing utilization of electronic components made up of these polyamides for electronic equipment, as well as for trays and conveyer systems used in the manufacture of semiconductor chips is anticipated to benefit the overall industry consumption
  • Asia Pacific was the leading regional market and accounted for over 40% of global demand in 2015. The region is also expected to witness the highest growth of 6.1% on account of the growing demand for automobile components and electronics & other electrical products in China, Taiwan, and Japan

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

Grand View Research has segmented the specialty polyamides market on the basis of applicationand region:

Global Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

  • Automotive & transportation
  • Electrical & electronics
  • Consumer goods & retail
  • Energy
  • Industrial coatings
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • Netherlands
    • Italy
    • Poland
    • Spain
  • Asia Pacific
    • China
    • Hong Kong
    • Japan
    • Taiwan
    • Thailand
    • Korea
  • Central & South America
  • Middle East & Africa

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-specialty-polyamides-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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Polyvinyl Butyral Market Shares, Growth and Opportunities Forecasts Till 2024

September 20, 2018 10:09AM, 0 comments

The global polyvinyl butyral (PVB) market size is likely to reach USD 3.43 million by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.4% during the forecast period. Flourishing automotive industry in countries such as China, Japan, U.S., Germany, and Brazil is one of the key factors driving the market.

Polyvinyl butyral (PVB) is a resin that is primarily used in automotive and architectural applications, owing to its various properties including optical clarity, strong binding, excellent adhesion, flexibility, and toughness. An upswing in product demand in end-use industries is stoking the growth of the market.

PVB is substantially utilized in the ceramics industry owing to various properties including wear-resistance, thermal insulation, hardness, brittleness, chemical stability, and oxidation resistance. The demand for PVB in the ceramics industry is projected to exhibit a substantial growth over the coming years owing to its rising consumption in electrical and electronics.

High availability of PVB in various sizes and shapes is poised to augment its demand in the near future. However, price fluctuations of raw materials including polyvinyl alcohol and butyraldehyde are estimated to have a negative impact on the growth of the market. For example, In April 2015, Sekisui Specialty Chemicals, one of the major polyvinyl alcohol manufacturers, announced price hike of polyvinyl alcohol by USD 100 per metric ton.

Some of the prominent industries utilizing PVB adhesives are construction, transportation, consumer products, labelling, assembly, and packaging. Key properties of PVB adhesives include low water content, high boiling point, and hydrophobicity. Some of the leading market players are 3M Company, Bostik China Co., Ltd., Henkel AG & Company, and HB Fuller CO. Spiraling demand for adhesives in the automotive and building & construction industries in developing countries such as India, China, and Thailand is anticipated to fuel growth prospects.

Browse Research Report on Polyvinyl Butyral Market:

www.grandviewresearch.com/industry-analysis /polyvinyl-butyral-pvb-market

Further key findings from the report suggest:

  • Sheets & films application is expected to reach 435.95 kilo tons by 2024, at a CAGR of 4.5% from 2016 to 2024
  • In terms of revenue, the paints & coatings segment is likely to register a 4.3% CAGR over the upcoming years
  • Adhesives are projected to witness significant growth in the global polyvinyl butyral market over the coming years. In 2015, the segment accounted for approximately 4.5% of the overall market
  • The U.S. PVB market is poised to exceed 96 kilo tons by 2024
  • North America is estimated to experience a CAGR of 4.2% over the forecast period, owing to favorable demographic trends in North America.
  • Asian countries, especially China, Vietnam, India, and Indonesia, are anticipated to observe remarkable growth in next few years
  • The market is fragmented in nature, wherein major market participants are headquartered in Taiwan, U.S., China, and Japan
  • Some of the key companies present in the market are Eastman Chemical Co., Chang Chun, Sekisui Chemicals, Huakai Plastic, Kuraray, Kingboard Specialty Resins, Qingdao Haocheng, Everlam, Zhejiang Pulijin Plastic, and Jiangxi Rongxin Materials

View more reports of this category by Grand View Research at

www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the global polyvinyl butyral market on the basis of application and region:

Polyvinyl Butyral Application Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

  • Films & Sheets
  • Paints & Coatings
  • Adhesives
  • Others

Polyvinyl Butyral Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Russia
    • Poland
    • Turkey
  • Asia Pacific
  • Latin America
  • Middle East & Africa

View press release of this research report by Grand View Research:

www.grandviewresearch.com/press-release/global-polyvinyl-butyral-pvb-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.

For more information: www.grandviewresearch.com

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