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Showing posts from November, 2017

The Global Market for Medical Device Outsourcing is Projected to Reach US$101.7 Billion by 2024

The Promising Advantages of Reduced Costs & Faster Time-to-Market Drive the Popularity of Medical Device Outsourcing Among OEMs, According to 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 Medical Device Outsourcing market. The global market for Medical Device Outsourcing is projected to reach US$101.7 billion by 2024, driven by the growing pressure on medical device OEMs to reduce production costs and reduce time-to-market of new products.
Medical device outsourcing, an approach where a third party assumes responsibility of managing device development and manufacturing operations either in part or in entirety, continues to grow in significance led by the increasing need for medical device companies to recalibrate their strategies to reduce costs, accelerate time-to-market and focus on their core competencies. As companies modernize business practices…

The Global Market for Zippers is Projected to Reach US$19.8 Billion by 2024

Established Applications in Apparel, Footwear & Luggage Sustains the Global Market for Zippers, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global Zippers market. The global market for Zippers is projected to reach US$19.8 billion by 2024, driven by changing fashion trends and growing demand from markets such as apparel, footwear and luggage.
Zippers are mechanical devices or accessories that are used to temporarily join two edges of a fabric. Zippers are mundane products yet indispensable in a range of end-use products in textile, fashion, travel gear and other industries. Playing a dual role of securing the garment or other products and as decorative accents, zippers are ubiquitous in a range of products from pants, jackets, boots, tents, backpacks, luggage, to purses, handbags, wallets, pencil cases and many other items. Simple design a…

The global market for CNS Therapeutics is projected to reach US$145 billion by 2024

Rising Incidence of Psychiatric and Neurodegenerative Disorders Drive the Global CNS Therapeutics 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 CNS Therapeutics market. The global market for CNS Therapeutics is projected to reach US$145 billion by 2024, driven by increasing incidence of CNS disorders, rising acceptance of new therapies and new classes of drugs, aging population and a parallel rise in Parkinson’s and Alzheimer’s disease.
The global CNS therapeutics market is on a growth trajectory, and the various factors driving market growth include increasing incidence of CNS diseases, rapidly growing aging population, and rising healthcare expenditure. Unmet healthcare needs for detecting and treating CNS conditions brings to fore the untapped potential in the market. Companies are therefore investing to develop novel drugs in…

The Global Market for Glucose Monitoring Devices and Systems is Forecast to Exceed US$17.5 Billion by 2024

Growing Popularity of Smart, Compact, Digital, Ergonomic, and Wireless Glucose Monitoring Devices Drives Healthy Market 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 Glucose Monitoring Devices market. The global market for Glucose Monitoring Devices and Systems is forecast to exceed US$17.5 billion by 2024, driven by the epidemic nature of diabetes incidence globally and the resulting need for easier, economic, and efficient monitoring and management of the disease, and rising demand for minimally invasive, smart, connected, and intelligent glucose monitoring solutions.
Blood glucose levels can be monitored with three kinds of devices - traditional blood glucose monitoring devices (BGM), continuous glucose monitoring devices (CGM), and non-invasive glucose monitoring devices (NIGM). BGM devices are considered painful and invasive …

The Global Market for Automotive Electrical Products is Forecast to Reach US$90.5 Billion by 2022

Growing Complexity of the Electrical Anatomy of a Car Lays the Foundation for the Growth ofAutomotive Electrical 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 Automotive Electrical Products market. The global market for Automotive Electrical Products is forecast to reach US$90.5 billion by 2022, driven by the increasing complexity of vehicle electrical systems as a result of increased integration of in-car entertainment and communication systems, engine electronics and advanced safety and driver assistance system.
Cars over the decades have evolved from a simple mechanical piece of engineering to an electrical marvel. From limited electrical systems such as alternators, batteries, solenoids, spark plugs and lighting systems of the 1980s, the electrical anatomy of a car has undergone a revolution. Modern cars are today integrated…

The Global Market for Insulin Pumps (External) is Projected to Reach US$3.9 Billion by 2022

Rise in Insulin Dependent Diabetes Mellitus & Innovation in Insulin Delivery Techniques Drives Demand for External Insulin Pumps, 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 Insulin Pumps (External) market. The global market for Insulin Pumps (External) is projected to reach US$3.9 billion by 2022, driven by growing prevalence of diabetes, shift towards more convenient solutions for insulin infusion, and technological developments in insulin pumps.
The market for diabetes monitoring and treatment products is transitioning from conventional devices to more advanced versions. From blood glucose meters, insulin syringes and insulin pens, the market is gradually shifting towards less-invasive solutions and devices that enable inter-device communications for more integrated diabetes management and therapy. Devices that are particularly d…

The Global Market for Industrial Valves is Forecast to Reach US$112 Billion by 2024

New Product Developments and Demand from Emerging Economies Drive the Global Industrial Valves 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 Industrial Valves market. The global market for Industrial Valves is forecast to reach US$112 billion by 2024, driven by steady demand from petrochemical, power generation, and water & wastewater industries; new product development replacing traditional products; and major impetus provided by the developing economies.
Industrial valves, electromechanical or mechanical devices intended to control, divert and regulate pressure and flow of fluids by opening, blocking or closing fluid passage, are primarily utilized in capital-intensive industries. The industrial valves market is dependent upon new investments made or when existing facilities are to be upgraded with modern equipment. The mar…

The Global Market for High Temperature Plastics is Forecast to Reach US$21 Billion by 2024

Technological Innovations & Use in Niche Applications Drive Global Demand for High Temperature Plastics, 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 High Temperature Plastics market. The global market for High Temperature Plastics is forecast to reach US$21 billion by 2024, driven by technological developments in terms of material structural strength, functionality and performance, and extensive use in existing and emerging application areas.
High Temperature Plastics (HTPs), a specialized category of plastics exhibiting heat deflection temperatures in excess of 200°C, is one of the rapidly expanding categories in the overall plastics market. Exceptional chemical and heat resistance capabilities of HTPs make them an apt substitute for metals in various applications. Given their unique set of characteristics, HTPs are used in aerosp…

The Global Market for Heat Exchangers is Forecast to Reach US$27 Billion by 2024

Slow Economic Growth and Lingering Uncertainties in Key End-Use Sectors Make for a Mixed Outlook for the Global Heat Exchangers 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 Heat Exchangers market. The global market for Heat Exchangers is forecast to reach US$27 billion by 2024 supported by opportunities for growth despite the challenges posed by the hugely mixed market expectations.
The biggest challenge to growth in the heat exchangers market is the current global economic scenario, which although improving continues to fall short of expectations. Persistent stagnation currently characterizes the global market. Over the last six years, the world economy has managed to recover only less than half of the pre-recession growth, making the 2007-09 recession history’s most deepest and protracted recession and recovery. Since the recess…

The Global Market for Console and Handheld Gaming Software is Forecast to Reach US$52.2 Billion by 2024

Growing Interest of Casual Gamers in Console Gaming to Spur Global Growth of Console and Handheld Gaming Software, 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 Console and Handheld Gaming Software market. The global market for Console and Handheld Gaming Software is forecast to reach US$52.2 billion by 2024, driven by the growing interest of casual gamers in console gaming as a result of OEM and developer focus on developing console hardware, software and game titles designed to appeal to the causal gamer.
Although hardcore gamers remain the primary and most important customer cluster for console games, the unprecedented rise of the casual gamer is encouraging market players to take notice of the vast untapped opportunity offered. Console game device manufacturers and game title developers alike are eyeing the casual gamer with more than …

The Global Market for Smart Augmented Reality (AR) Glasses is Forecast to Reach 28 Million Units by 2024

The Rise of Augmented Reality as the Third Wave of Enterprise Mobility to Drive the Global Market for Smart Augmented Reality (AR) Glasses, 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 Smart Augmented Reality (AR) Glasses market. The global market for Smart Augmented Reality (AR) Glasses is forecast to reach 28 million units by 2024, driven by the technology’s embodiment as the ultimate tool for portability, convenience and productivity capable of shaping the future of smart mobility.
A type of a wearable device, smart AR glass is a huge step forward in wearable computing mobility. The time is therefore ripe for disruptive technologies applications like augmented reality (AR) which help push up the commercial value of mobile and wearable devices. Hands-free operation and computing and greater and improved cognitive processing of informat…