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Showing posts from March, 2019

Emphasis on Nutritional Assessment of the Aging Population, Expansion of Home Healthcare Sector & Clinical Significance Shed on Nutrition for Cancer Survivors to Drive the Clinical Nutrition Products Market

The global market for Clinical Nutrition Products is projected to reach US$60.8 billion by 2025, driven by increasing geriatric and infant population, rising incidence of chronic diseases like cancer and diabetes, aging population & high risk of nutritional deficiencies, growing number of preterm births, and the shift towards home care. Technological advancements related to tube feeding, and increasing case of gut dysfunction are the other growth drivers.
The global clinical nutrition market is heading for lucrative gains owing to a number of factors, including increasing geriatric and infant population, rising incidence of chronic and lifestyle-related diseases, growing number of malnourished patients, increasing number of preterm births, and the shift towards home care. Malnutrition is one of the most common concerns among elderly people and patients suffering from chronic diseases. The constant rise in the number of geriatric people with weak digestive systems implies that chron…

Growing Need for Embedded Intelligence in Line With the Proliferation of Pervasive & Ubiquitous Computing Trends to Drive Demand for NanoRAM as the Basic Intelligence Component in Computing & Communication

Worldwide market for NanoRAM is projected to reach US$1.5 billion by 2025, driven by growing need for high speed, high density, high endurance and high performance memory technology to meet the emerging memory needs of next generation devices.
As the Internet, networking and computing technologies become integral part of daily lives of people and in the business world, the amount of digital information being generated is driving focus onto storage and memory solutions that can ensure safety, reliability, and faster access and processing of data. With present day memory storage devices coming under immense pressure to provide higher write/read speed and storage capacity but confronting challenges due to stagnation in scaling-up capabilities, the importance of next generation of non-volatile memories (NVMs) continues to increase. The emergence of advanced storage technologies such as 3D XPoint, NRAM, MRAM, and SONOS will present significant growth opportunities for the NVM market in the …

Proliferation of Electronics in Virtually Every Industry & the Need for Energy Efficiency in these Devices to Drive the Discrete Diodes Market

The global Discrete Diodes market is projected to exceed US$6.5 billion by 2025, driven by the proliferation of electronics in virtually every industry, and the need to efficiently manage power in these devices
Defined as basic building blocks of an electronic circuit, discrete diodes allow current to flow in only one direction and opposes flow in the opposite direction. This feature enables discrete diodes to protect electronic circuits from voltage surges. Discrete diodes find extensive use in tuning TV and radio receivers, generating radio frequency oscillations and for producing light. Discrete diodes are part of many ubiquitous devices such as automobiles, communications equipment, computer & computer peripherals, and various consumer electronics. The market for discrete diodes is linked to the health of electronics manufacturing. The Communications industry, which includes smartphones has been plagued by lack of innovative products, leading to slower replacement cycles. Howev…

Rising Incidence of Breast Cancer, Concerted Efforts Directed at Cancer Prevention & Control and Technology Migration Towards 3D Mammography to Drive the Global Mammography Equipment Market

The global market for Mammography Equipment is projected to reach US$2.2 billion by 2024, driven by increasing patient awareness over the benefits of early breast cancer screening, rapid replacement of digital mammography systems and growing adoption of 3D mammography systems.
Mammography remains the gold standard technique in breast cancer screening, driven by a combination of factors such as cost, required time for the procedure, expertise required to carry out the procedure and the test’s sensitivity and specificity rates. Growth in the market is supported by various factors including increasing patient awareness of benefits of early breast cancer screening, growing female geriatric population worldwide, rising incidence of breast cancer, continued replacement of analog systems with digital systems and accelerating adoption of 3D mammography systems. Implementation of healthcare programs by governments and organizations, especially in developing countries is expected to further fost…

Rising Demand for Blood Components and Need for Blood Transfusion in Therapy to Drive Growth in the Global Apheresis Equipment Market

The global Apheresis Equipment market is projected to reach US$3.6 billion by 2024, driven by the increasing prevalence of blood disorders and chronic diseases requiring blood transfusion.
Apheresis refers to a procedure where blood from a person (patient or donor) is passed through a medical device in order to extract the required components, such as red blood cells, platelets, plasma and others. Apart from its use in separating specific blood components from donor blood, the apheresis process is also utilized for the treatment of specific diseases conditions such as leukemia. Global market for apheresis equipment continues to witness stable growth driven by the rising adoption of therapeutic and donor apheresis. The increasing prevalence of blood disorders such as sickle cell anemia, blood cancer, and hemophilia and the rising need for various blood products is driving the demand for apheresis equipment, globally. Specifically, the increasing incidence of various illnesses in the eld…

Quest for Speed & Flexibility in Electronics Manufacturing to Drive Demand for Surface Mount Technology (SMT) Equipment

The global market for Surface Mount Technology (SMT) Equipment is projected to reach US$5.7 billion by 2025, driven by technological innovations in next-generation electronics, continued craze and rising demand for mobile communications devices, need for speed & flexibility in electronics manufacturing, and rise in number of electronic contract manufacturers.
Surface mount technology (SMT) represents a method by which an electronic circuit is produced. The technology involves direct placement of electronic circuit components on the surface of printed circuit boards (PCBs). SMT significantly varies from conventional thru-hole soldering technology as it primarily uses principles and soldering equipment that typically differ from the traditional method, and provides enhanced electrical conductivity and more reliability than the thru-hole technology. All electronics hardware mass-manufactured today are produced using surface mount technology.  World market for SMT equipment is being dr…

Ability to Help the Healthcare Industry Prepare for the Coming Wave of Value Based Affordable Care In addition to Well Known Advantages of Reduced Costs & Faster Time-to-Market to Drive Demand for Medical Device Outsourcing Services

The global market for Medical Device Outsourcing is projected to reach US$101.6 billion by 2024, driven by the growing popularity of outsourcing as the first step forward in curbing high equipment/device prices and ensuring adorable care by reducing healthcare costs.
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 in order to remain competitive and retain critical survival capabilities such as agility and flexibility in a rapidly changing marketplace, contract manufacturing market participants are positioned favorably to tap the emerging opportunities. Several advantages are stacked in favor of medical device outsourcing …

Growing Proliferation of LED Lighting, Smart Lighting, and Connected Home Technology Drives the Lighting Fixtures & Luminaires Market

The global market for Lighting Fixtures and Luminaires is projected to exceed US$120 billion by 2025, driven by rapid penetration of LED lighting and the corresponding demand for technologically advanced LED luminaires, and surging popularity of smart luminaires integrated with intelligent lighting control amidst growing focus on reducing energy consumption.
Lighting fixtures are designed and constructed to collect, distribute, reflect, direct, or diffuse light from any electric light source for general or localized illumination. Continuous developments in the residential, commercial, industrial and public lighting markets resulted in significant developments in the lighting fixtures market over the years. With light sources becoming more energy efficient and technologically advanced, lighting fixtures that hold those sources evolved considerably in terms of design, compatibility and flexibility. The automotive and general lighting sectors constitute the two key markets for lighting fi…

Vehicle Appearance Gets its Fair Share of the Spotlight for Reasons that Go Beyond Aesthetics into Performance, Functional & Safety Benefits

The global market for Automotive Aftermarket Appearance Chemicals is projected to reach US$5.6 billion by 2025, driven by rising average age of vehicle fleet, a parallel increase in maintenance expenditure, and undeterred customer focus on aesthetic appearance. The large global base of vehicle fleet is expected to benefit demand for automotive aftermarket appearance chemicals. The growth in the world's vehicle fleet can be put into perspective by the fact that the transportation industry currently accounts for over 50% of the world’s oil consumption, most of which is consumed in the form of motor fuel. Given that the vehicle fleet size is directly proportional to the population of a region, China and India which are already the most important automotive markets in the world, will emerge as strong markets for aftermarket products including appearance chemicals. The growth in the number of ‘Do-it-Yourself’ customers is benefiting demand for aftermarket appearance chemicals. The rise…

Advancements in Thread Counts, Fiber Combinations, Textures, Fabrics, Designs, and Colours to Drive Demand in the Bed & Bath Linen Market

The global market for Bed and Bath Linen is projected to exceed US$108 billion by 2025, driven by favourable demographic and economic trends, technology improvements, and availability of products in a wide array of fiber combinations, textures, fabrics, designs, and colors. The global bed and bath linen market has transformed over the years from a dull, predictable and slow growth market into an aggressive, dynamic and huge market. Technology advances, and research and development of new materials are driving growth in the global bed and bath linen market. The market has been witness to numerous new product innovations and launches over the years, resulting in a wide array of choices for consumers ranging from general-purpose and economical products to specialized products and high-priced/premium/luxury bed and bath linen. The recovering economic environment is also expected to stimulate demand for premium products, which was previously bogged down by poor consumer confidence. Increas…