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Showing posts from September, 2016

The Global Market for Traditional Wound Management Products is Projected to Reach US$9.3 Billion by 2022

Growing Trend Towards Self-Treatment of Wounds Sustains Demand for Traditional Wound Management Products, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Traditional Wound Management Products market. The global market for Traditional Wound Management Products is projected to reach US$ 9.3 billion by 2022 , supported by the growing trend towards self-treatment of wounds, product innovations, and growing demand from developing countries . Traditional wound care comprising topical ointments, adhesive bandages and gauzes represents the standard treatment approach for minor injuries and cuts. These products principally offer treatment through wound coverage, thereby offering protection against potential infection. Despite the growing transition to advanced products, traditional wound management products continue to account for the bul...

The Global Market for Wheelchairs is Forecast to Exceed 15 Million in Unit Sales by 2022

Aging Population and its Vulnerability to Various Diseases and Disabilities Drive Demand for Wheelchairs, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Wheelchairs (Powered and Manual) market. The global market for Wheelchairs is forecast to exceed 15 million in unit...

The Global Adipic Acid Market is Projected to Reach 8 Billion Pounds by 2022

Stable Demand from End-Use Sectors to Sustain Growth in the Global Adipic Acid Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Adipic Acid market. The global Adipic Acid market is projected to reach 8 billion pounds by 2022 , driven by the growing demand from major end-use application markets such as automotive, footwear and electronics & electrical manufacturing coupled with the shift towards bio-based adipic acid. Adipic acid is a crystalline white compound, used in the manufacture of a wide range of products in across varied end-user sectors. The compound’s lightweight attributes, high quality, durability, and superior energy-absorbing features are contributing to its increasing use in a variety of applications. Adipic acid is primarily used in the form of feedstock in the production of nylon 66 fibers and r...

Global Shipments of Subscriber Identity Module (SIM) Cards is Projected to Reach 6.8 Billion by 2022

Expanding Mobile Phone Subscriber Base Drives Demand for Subscriber Identity Module (SIM), According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Subscriber Identity Module (SIM) market. Global shipments of Subscriber Identity Module (SIM) cards is projected to reach 6.8 billion by 2022 , driven by the expanding use of SIM cards into newer applications, deployment of new generation communication network platforms and expanding mobile phone subscriber base in developing countries. A Subscriber Identity Module (SIM) card is a smart card inserted into a mobile device for storing the international mobile subscriber identity and personal data of a subscriber. The growth in the market is primarily driven by new subscriber additions. At present, the market which was traditionally driven by the proliferation of mobile telephony is expected to b...

The Global Number of Bitcoins in Circulation is Forecast to Reach 19.9 Million by 2020

Growth Killing Uncertainty Brings Bitcoin to the Crossroads, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry trends, growth drivers, challenges, market size and demand forecasts on the global Bitcoin market. The global number of Bitcoins in circulation is forecast to reach 19.9 million by 2020 , amidst numerous uncertainties and challenges posed by block size scaling, rising transaction fees, escalating number of unconfirmed transactions, rise in zombie bitcoins, and the imminent halving of the bitcoin mining reward. Bitcoin which emerged with the promise of challenging the global economic order and the nature of almost every financial activity from banking to payments to wealth management is being felled by changes in macro, political and technology landscapes. The technology has had to contend with the massive invested interest in legacy systems and profit centers forcing bitcoin communities to navigate through a ...

The Global Market for Imaging Agents is Projected to Reach US$10.7 Billion by 2022

Emergence of Advanced Imaging Agents and Expanding Indications to Drive the Global Imaging Agents Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Imaging Agents market. The global market for Imaging Agents is projected to reach US$10.7 billion by 2022 , driven by aging population, rising healthcare burden compounded by the high prevalence of chronic and infectious diseases, innovation in imaging modalities, and technological advancements in imaging agents. Imaging agents are pharmaceuticals or biomarkers that aid in enhancing anatomic imaging capabilities of various diagnostic imaging modalities. These agents enable better diagnosis of physiological functions and diseases, as well as improve treatment monitoring. Continuous technological improvements in imaging modalities and advances in imaging agents have led to improved...

The Global Market for Fiber Optic Components is Projected to Reach US$23.5 Billion by 2022

Increase in Fiber Optic Network Deployments to Drive Growth of the Global Fiber Optic Components Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Fiber Optic Components market. The global market for Fiber Optic Components is projected to reach US$23.5 billion by 2022 , driven by the rapid development of telecommunications infrastructure; increase in fiber optic network deployments and ensuing demand for harsh environment fiber optic components; growing high bandwidth applications; and rising demand from military, medical, and avionics sectors. Fiber optics technology is the method of transfer of data and voice through transmission of light via thin transparent fibers. Fiber optics has the advantage of transmission of data without any attenuation, and is seldom impacted by electromagnetic interference, consequently offering...

The Global Market for Big Data Technologies and Services is Projected to Reach $60 Billion by 2022

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Big Data market. The global market for Big Data Technologies and Services is projected to reach $60 billion by 2022 , driven by soaring digital data volumes in organizations and the resulting need to turn this data into valuable insights for enhancing operational efficiency, tapping new opportunities and gaining competitive edge. Defined as a natural result of mankind’s obsession with information technology and digitalization, “Big Data” refers to extremely large sets of structured, semi-structured and unstructured data of different types, including text, audio or video, generated from diverse data sources that has the potential to be mined for required information. While data supply associated with big data ecosystem has always been large and voluminous in most organizations, the ability to use these large datasets and convert them into meaningf...

The Global Botulinum Toxin Market is Projected to Reach $6.6 Billion by 2022

Growing Prominence of Non-Invasive Cosmetic Treatments to Drive Growth in the Botulinum Toxin Market, According to New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Botulinum Toxin market. The global Botulinum Toxin market is projected to reach $6.6 billion by 2022 , driven by expanding range of therapeutic indications and the rising demand for non-invasive cosmetic treatment solutions. Botulinum Toxin (BTX), a protein produced by Clostridium Botulinum bacterium, possesses muscle-relaxing properties due to its ability to arrest the release of acetylcholine. Rising incidences of movement related disorders and increasing number of patients with muscle spasms is primarily responsible for the strong evolution of the market over the years. Further, new clinical indications of BTX such as in treatment of nystagmus, stridor, palatal myoclonus, sc...

The Global Market for Industrial and Institutional Cleaning Products is Projected to Exceed $60 Billion by 2022

Increase in Professional Hygiene Related Threats and Risks Drives Healthy Demand for Industrial and Institutional Cleaning Products, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Industrial and Institutional (I&I) Cleaning Products market. The global market for Industrial and Institutional Cleaning Products is projected to exceed $60 billion by 2022 , driven by burgeoning demand for green cleaning products, and the rising need to address new and aggressive microbe strains and antibiotic-resistant species of bacteria. Cleaning and hygiene play a crucial role in protecting human health from harmful agents, allergens and pathogens that cause infectious diseases. I&I (Industrial and Institutional) cleaning solutions are products intended for regular cleaning of locations such as warehouses, institutions, offices, and other i...

The Global Market for Pianos is Projected to Exceed 1.3 Million Units by 2022

Despite the Challenges Posed by Non-Musical Instrument Alternatives, Pianos Continue to Sustain Growth, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Pianos market. The global market for Pianos is projected to exceed 1.3 million units by 2022 , despite the challenges posed by non-musical instrument alternatives as well as buyers’ extreme price expectations. Evolved from ‘fortepiano’, a design variant of the then famous harpsichord, the modern day piano owes its origin to the late 18th and early 19th centuries. Piano, a complicated keyboard string instrument with more than 10,000 components produces sound with the aid of simple mechanical actions of strings and hammers. Strings are taut metal wires, while hammers are wooden mallets that are covered with felt. Striking the keys harder or lighter can significantly vary the loudnes...

The Global Market for Advanced Wound Care Products is Projected to Reach US$16.0 billion by 2022

Increasing Incidence of Challenging Wounds with Prolonged Healing Times to Drive Demand for Advanced Wound Care Products, According to New Report by Global Industry Analysts, Inc. GIA announces the release of a comprehensive global report on Advanced Wound Care Products markets. Global market for Advanced Wound Care Products is projected to reach US$ 16.0 billion by 2022 , driven by increasing incidence of chronic wounds, new product innovations, and growing access to advanced wound treatments in emerging markets. Advanced wound care includes products that fasten the healing time compared to traditional products. The category includes special purpose dressings, active biologics and therapy devices such as negative pressure therapy. The transition to these products is mainly spurred by the growing worldwide acceptance of the concept of maintaining a moist wound environment to enable the easy movement of epithelial cells to facilitate wound healing. Other factors that have con...

The Global Market for Recreational Vehicles is Forecast to Reach 770.5 Thousand Units by 2022

Growing Passion for the “Great Outdoors” & Rising Preference for “Adventure Travel” Drive Growth in the Global Recreational Vehicles Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Recreational Vehicles market. The global market for Recreational Vehicles is forecast to reach 770.5 thousand units by 2022 , driven by the growing preference for adventure travel among the urban population trapped in nature deprived modern lifestyles.   Reconnecting with life represents the most current trend among the modern population living life in the fast paced digitalized world. Rise in nature tourism, defined as responsible travel to locations endowed with natural splendor and beauty is a direct fallout of the trend towards reconnecting with nature. Spiritual Ecology and Earth Based Judaism are rapidly evolving into religious cu...