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Greater Preference for Minimally Invasive Surgical Techniques to Drive Global Cardiac Prosthetic Devices Market

Posted on Apr 28, 2015

Asia Pacific, North America, Europe, and Rest of the World are the four main regional segments of the global cardiac prosthetic devices market. Back in 2013, North America held the highest share in the overall market owing to the presence of a large geriatric population and chronic heart conditions brought about by unhealthy food habits and changing lifestyles. Improvement in medical and health reimbursement policies by the federal government is also a noteworthy factor that has fuelled the growth of the cardiac prosthetic devices market in North America. Rising incidence of cardiac anomalies and chronic cardiac diseases is a key factor that is fuelling the demand for cardiac prosthetic devices all across the globe. 

Rising Geriatric Population to Fuel the Growth of the Global Bone Densitometers Market

Posted on Apr 28, 2015

It has been observed that with increase in age, the normal blood calcium level declines. However, bone diseases are not only related to old age. Patients with medications for cancer, corticosteroid treatment, amenorrhea, eating disorders, and genetic disorders are also advised to evaluate their bone mineral density. Rise in the worldwide geriatric population coupled with various bone-related diseases such as osteoporosis and rheumatoid arthritis has boosted the growth of the bone densitometers market.Awareness about the bone diseases and increased screening initiatives has fuelled the growth of the global bone densitometers market. However, insurance coverage has been reduced for bone density tests.

High Incidence of Road Accidents Owing to Unrestrained Alcohol Consumption to Propel Global Breath Analyzers Market

Posted on Apr 28, 2015

The very first introduction of breath analyzers goes back to the 1940s. These were launched in the market for the purpose of alcohol detection. Breath analyzers have evolved over the years thanks to technological improvements. In fact, breath analyzers are now being used extensively even in the healthcare sector for diagnostic purposes. The global breath analyzers market is segmented on the basis of technology, application, and geography. On the basis of technology, this market is segmented into infrared absorption, semiconductor sensor, and fuel cell. Owing to portability, reliability, and accuracy, the fuel cell technology segment holds the largest share in the overall market for breath analyzers. The second largest market after fuel cell technology is infrared absorption technology, which is mostly used for desktop evidential breath analyzers machines and equipment. 

Increasing Awareness about Wellbeing Expected to Propel the Growth of Global Body-Worn Temperature Sensors Market

Posted on Apr 28, 2015

Temperature monitors and wearable patches are fundamentally used to give remote observance to physicians. Besides, wearable temperature sensors have a wide range of applications in clinical, mechanical, and infotainment purposes. However, the prime growth driver for the body-worn temperature sensors market is the growing health-consciousness among informed individuals. There is a gaping opportunity for new contestants to rise in the global body-worn temperature sensors market. New players in the business sector are required to produce substitute wearable gadgets at lower cost. Considering these positive variables, the demand for wearable temperature sensors is set to ascend in the forecast period, i.e. from 2014 to 2020.

Expanding Need to Decrease Vitality Utilization to Prompt Rising Interest for Carbon and Energy Software Market

Posted on Apr 28, 2015

Rising concern towards climate change and worldwide alteration of temperature patterns have made it imperative for governments around the world to work towards decreasing carbon discharge. Consequently, vitality-concentrated businesses, including oil and gas, vitality and utilities, and assembling, need to screen and survey their vitality utilization. Carbon and energy software has offered a feasible answer for such businesses to adequately screen and evaluate general energy utilization and carbon emissions connected with different business operations within an association. Moreover, expanding ubiquity of maintainability administration crosswise over various associations in IT and telecom, retail and assembling commercial enterprises is further driving the interest for carbon and energy software market.

Blood Processing Devices and Consumables Market: High Incidence of Infectious Diseases Spurs Demand

Posted on Apr 28, 2015

A spurt in the prevalence of infectious diseases such as HIV-AIDS (acquired immunodeficiency syndrome) and hepatitis have led to a surge in demand for blood processing devices and consumables in the global market. In addition, prevalence of factors such as escalating demand for blood components from the geriatric population, and increased incidence of complex surgical procedures such as orthopedic and open heart surgery have also significantly contributed to the expansion of the market for blood processing devices. Based on the studies conducted by Transparency Market Research, the global blood processing devices and consumables market is poised to grow from a value of US$27.27 billion  in 2012 to US$49.16 billion in 2019, exhibiting a compound annual growth rate of 8.9% between 2013 and 2019.

Increased Life Expectancy to Drive the Global Artificial Vital Organs and Medical Bionics Market

Posted on Apr 28, 2015

Globally, the artificial vital organs and medical bionics market is witnessing growth due to expanding gap in the list of patients waiting to receive organ transplantation and number of organ donors. Moreover, with growing number of occupational and age-related disabilities, the demand for viable patient alternatives is on the rise, which is significantly driving the artificial vital organs and medical bionics market. Moreover, increased R&D activities and product approval for different diseases and disabilities will further spur the growth of the market. Artificial vital organs and medical bionics are technologically advanced devices that help to restore organ functions in human thereby increasing his or her life expectancy.

Rapid Development of Emerging Economies in Asia Pacific to Propel Demand for Acrylic Acid

Posted on Apr 28, 2015

Acrylic acid is used as a raw material for the production of acrylates, superabsorbent polymers, and acrylic resins. In addition, acrylic acid also finds industrial application in flocculants, dispersants, adhesives, and thickening agents, among others. The miscibility of acrylic acid with water, ethers, alcohols, and chloroform is a prime reason for the heavy demand for the same. Acrylates are a key element used in the manufacture of homo or co-polymers such as 2-ethyl-hexyl acrylate, ethyl acrylate, methyl acrylate, butyl acrylate, and others. When acrylic acid reacts with its own esters, it produced monomers and poly-acrylic acids such as butadiene, vinyl, acrylonitrile, or styrene. 

Global Antibacterial Glass Market to Grow at a CAGR of 6.3% from 2012 to 2018

Posted on Apr 28, 2015

The demand from the global antibacterial glass market is driven by the need to provide hygienic architectural solution to sectors such as healthcare, food and beverage, military, and others. Rising  number of infections caused by antibiotics-resistant bacteria such as MRSA (Methicillin-Resistant Staphylococcus Aureus) coupled with hospital-acquired infections or nosocomical infections will fuel the growth of the global antibacterial glass market.The growing market for medical application coatings will further boost the expansion of the global antibacterial glass market. However, the high price of the antibacterial glass along with low consumer awareness plays spoilsport in the fast growth of the market during the forecast period between 2012 and 2018. 

Audiological Devices Market: Digital Innovation Stimulating Growth

Posted on Apr 28, 2015

Audiological devices consist of hearing aids, cochlear implants, bone anchored hearing aids, and diagnostic devices. The product segment of hearing aids is further fragmented into in-the-ear (ITE) aids, behind-the-ear (BTE) aids, receiver-in-the-ear aids, and canal hearing aids, which is divided into invisible-in-canal (IIC), completely-in-canal (CIC), and in-the-canal (ITC). The segment of diagnostic devices is divided into otoscopes, tympanometers, and audiometers. On the whole, digital audiological devices have replaced their analog counterparts, since the former are more efficient, highly compact, and more technologically advanced. Of the main types of hearing aids, in-the-ear and behind-the-ear aids are most commonly used by patients because of their comfort level,

Global Aerospace Plastics Market to Grow at a CAGR of 7.9% from 2012 to 2018 due to Growing Aviation Industry

Posted on Apr 27, 2015

Aerospace plastics are preferred over other materials due to their higher structural strength. Technically, they are advanced composite materials resistant to heat or flame and display efficient modulus of elasticity. Being lightweight and displaying other highly desirable properties, they are widely preferred over conventional materials such as steel and aluminum. Increase in the usage of aerospace plastics for manufacturing aircrafts, accompanied with the consistent growth of the aviation industry, has boosted the overall global aerospace plastics market. 

Global Caustic Soda Market to Exhibit 3.7% CAGR from 2014 to 2020

Posted on Apr 27, 2015

Caustic soda, also known as sodium hydroxide or lye, is widely utilized as a chemical base in the production of various organic chemicals, including cellulose ether and methyl cellulose, carboxymethyl hydroxyethyl cellulose, acetic acid, methanol, and hydroxyl ethyl cellulose. For industrial purposes, caustic soda is manufactured as a 50% solution in water and solid caustic soda, when required, is acquired through water evaporation. It is widely used in the form of cast blocks, pellets (prills) and flakes. Caustic soda is produced as a general chemical for industrial requirement used widely by process industries. The production of caustic soda is done through the chloralkali process, which offers two products: chlorine and caustic soda. 

Global Circulating Fluidized Bed Boilers Market to be Propelled by Surging Energy Demands

Posted on Apr 27, 2015

Surging global demand for power is a pivotal factor that fuels the global circulating fluidized bed boilers market. Fuel flexibility is one of the fundamental features of circulating fluidized bed boilers and is leading to increased installation of the same across numerous industry verticals.  Stringent emission norms in addition to high demand for power significantly drive the overall demand for circulating fluidized bed boilers. Regulatory measures and environmental standards call for the adoption of cleaner techniques for power generation. Owing to low operating temperatures, circulating fluidized bed boilers ensure minimal emission of noxious fumes such as nitrogen dioxide, sulfur dioxide, and carbon dioxide. Depleting reserves of fossil fuels is another factor leading to the widespread adoption of and greater awareness about circulating fluidized bed boilers. 

Commercial Refrigeration Equipment Market in Latin America to be Valued at US$1.1 Billion by 2018

Posted on Apr 27, 2015

Increase in domestic as well as international business in Latin America has led to an increase in the production, consumption, export, and import of food items. Changing food consumption trends along with the growing tourism in the region has contributed to the rising number of hotels and retail stores, which has augmented the demand for commercial refrigeration equipment. Owing to these factors, the commercial refrigeration equipment market in Latin America is expected to grow significantly during the forecast period. However, the rising prices of fuel and low energy efficiency of the refrigeration equipment could restrain the growth of the commercial refrigeration equipment market in Latin America. 

Increased Cosmetic Procedures and Advanced Technologies to Drive Dental Consumables Market between 2012 and 2018

Posted on Apr 27, 2015

In the global scenario, the global dental consumables market is anticipated to be worth US$23.8 billion by 2018, growing from US$14.9 billion in 2011. This can be attributed to the high prevalence of dental conditions and robust expansion of dental tourism in emerging countries such as Turkey, India, and Hungary. Further, lack of governmental regulations and the growing presence of cost-efficient solutions in these countries is driving the dental consumables market. Additionally, in developed nations, increase in government-driven dental health reforms and growing number of cosmetic surgeries is spurring the growth of the dental consumables market.

Availability of Cost-Effective Substitutes to Hold Back Growth of Global Docking Station Market

Posted on Apr 27, 2015

The global docking station market is also driven by factors such as the progressive development of handheld devices, the rising trend of CYOD and BYOD policies in organizations, and the advantages of docking stations for mobile device users. On the other hand, the availability of cost-effective substitutes to docking stations and lack of standardization in the docking stations market is expected to hamper market growth.The global docking station market has been segmented on the basis of types, which are mobile device docks, laptop docks, and hard drive docks. Among all the products, laptop docking stations held the largest share in the global market in 2013, which amounted to 55% of the global docking station market. Nevertheless, the mobile device docking stations segment is anticipated to grow at a robust rate in the near future.

Energy Efficiency Benefits to Drive Green Building Materials Market Globally

Posted on Apr 27, 2015

Green building materials are substances used to bring about sustainability of green buildings from design of the structure to demolition. These materials are the preferred choice owing to their energy efficiency. For these reasons, the demand for green building materials has increased significantly in recent years. The aim of green buildings is to develop ecologically sustainable and efficient structures that don’t significantly harm the environment. Some green building materials used for construction are fiberglass, cellulose, cotton, and mineral wool; these are known to be eco-friendly, less toxic than conventional materials, and have insulating properties that help reduce energy consumption within the structure.

High Demand for Automotive Fasteners to Propel Global Industrial Fasteners Market to US$94.65 Billion by 2018

Posted on Apr 24, 2015

Widespread application of fasteners in industries such as automotive and construction will drive the global market for industrial fasteners in the years to come. Industrial fasteners play a crucial role in various industrial segments because of their core purpose, which is the mechanical joining of surfaces, devices, and parts. The expanding automobiles market in India, Brazil, and China will drive the demand for industrial fasteners in the forthcoming years. Washers, pins, clips, nuts, rivets, bolts, and screws are the different types of industrial fasteners used extensively across several industrial segments.

Global In vitro Diagnostics Market Expected to grow at a CAGR of 7.1% from 2012 to 2018

Posted on Apr 24, 2015

With the rising incidence of chronic diseases and infections worldwide, in vitro diagnostics (IVDs) are in demand due to the availability of non-invasive or minimally invasive tools and techniques. IVDs are recommended by doctors to assess the health status of the patients and to diagnose the medical conditions. The global IVD market is predicted to witness positive growth at a CAGR of 7.1% between 2012 and 2018. In 2011, the market stood at a valuation of US$46.0 billion and with the expected rapid growth, it is expected to reach an estimated value of US$74.2 billion by the end of 2018.

Latin America Energy Efficient Lamps and Ballasts Market to Grow Exponentially as Leading Economies Proactively Phase Out Incandescent Lamps

Posted on Apr 24, 2015

Over the last couple of years, the lighting industry has witnessed remarkable technological advances, especially in the fields of solid state lighting and compact fluorescent lamps. Thanks to the high-octave promotion campaigns carried out by leading companies, high-brightness LEDs have been the center of much excitement. Meanwhile, energy efficient lamps are gaining popularity in developing nations, owing to their affordable price, energy efficiency, and other eco-friendly attributes that significantly reduce the consumption of fossil fuels and resultant carbon emissions. 

Medical Device Coatings Market to be Propelled by Growing Healthcare Awareness

Posted on Apr 24, 2015

The market for medical device coatings is heightened by increasing healthcare awareness in countries that are developing, thanks to booming demand for better healthcare and medical facilities. Medical device coatings are primarily used to reverse the effect of microbial accumulation, through depletion and circumvention of the infection with the help of medical devices. Medical device coatings aid in lessening friction between tissues and medical devices, and provide surface inclusion, uniform adhesion, wetting, coating homogeneity, and wear resistance.

Global Oil Spill Management Industry to Rise Attributed to Government Investment for Oil Spill Management

Posted on Apr 24, 2015

The stringent rules and regulations enforced by the government mandating higher investments towards avoiding and managing oil spills bring in a substantial amount of capital in the global oil spill management industry. Apart from this, the rise in the volume of seaborne trade is likely to augment the expenditure on offshore oil spill management. The pipeline trade for natural gas and crude oil is also expected to rise in the near future. This growth is expected to strengthen the industry for leak detection and several other spill management equipment and services market.

Global Marine Lubricants Market to be driven by the rising shipping industry

Posted on Apr 24, 2015

Marine lubricants are produced from crude oil using chemicals or vegetable oils. Marine lubricants are used to reduce the friction created among operating components so as to increase their output efficiency. Thus, marine lubricants also help different components to perform their operation smoothly. The rising volume of the shipping industry across the globe is anticipated to bolster the demand from the marine lubricants market in the near future.In 2013, the total demand for marine lubricants was 2,321.1 kilo ton, which is anticipated to be 2,902.3 kilo ton by the end of 2020, growing at a progressive 2.52% CAGR between 2014 and 2020. 

High Costs of Implementation to Hamper the Growth of Global Motor Vehicle Sensor Market

Posted on Apr 23, 2015

Widespread use of motor vehicle sensors in control and safety applications is a key factor that stimulates the overall demand for the same. Surging demand for motor vehicle sensors has a direct impact on the global market for sensors.  Much of the demand from the global sensors market comes from the segment of motor vehicle sensors. Devices and instruments that are used to detect any sort of change or variation in a certain parameter monitored in motor vehicles are known as motor vehicle sensors. Greater emphasis on powertrain performance and fuel efficiency drive the market for motor vehicle sensors. Owing to factors such as regulatory and legal compliance, 

Escalating Consumer Demand for Better Picture and Color Quality in Television to Propel Global OLED Display Market

Posted on Apr 23, 2015

With multiple technological innovations surfacing in quick succession in the electronics industry, consumer expectations have skyrocketed. Many industries are keen to capitalize on emerging technologies to propel their operations. New concepts such as OLED or organic light-emitting diode are rapidly being introduced in the dynamic electronics market. Eastman Kodak was reported to be the first company to incorporate OLED technology in electronics. Later, this revolutionary technology went on to become an integral element of the new design approach that would significantly reduce the thickness and weight of television sets, making them more convenient for the average consumer. 

Pet Food Market in Asia Pacific to reach US$10,720.0 million Propelled by Rising Disposable Incomes

Posted on Apr 23, 2015

On the basis of pet type, the pet food market is segregated as cat food, dog food, and others. The others segment includes fish food, reptile food, bird food, and food produced for the consumption of other small animals. Of all the segments, dog food held the largest share of the market in Asia Pacific. The characteristic increase in dog population as pets combined with rising prevalence of nuclear family setup in Asia Pacific is fueling the demand for dog food in the region. As such, the dog food segment is expected to reach US$6554.2 million by 2020 in the region.

Geriatric Population across the Globe to Boost the Oral Solid Dosage Forms (OSDF) and Pharma Excipients Market

Posted on Apr 23, 2015

The global pharma excipients market is expected to benefit from the rising aging population across the world, especially in countries such as Japan and the U.S. The global OSDF and pharma excipients market has a huge opportunity in terms of development of new type of excipients which exhibit flow-ability. The manufacturers of the OSDF and pharma excipients market are working on developing these superior excipients to stay ahead in the competition. However, the high cost of production of the excipients and lack of approvals for the production sites of excipients by the regulatory bodies such as the Food and Drug Administration (FDA) might deter the growth of the global OSDF and pharma excipients market. 

Pain Management Market to Expand Owing to Rising Incidence of Cancer and Chronic Ailments

Posted on Apr 23, 2015

Increasing incidence of chronic diseases worldwide is one of the main reasons inflating the number of pain patients. In addition, the absence of efficient analgesic drugs and rise in global geriatric population has also resulted in the rising prevalence of diseases such as diabetic neuropathy, chronic arthritis, cancer, and osteoarthritis. However, the advent of technologically advanced products such as analgesic infusion pumps, neurostimulators, electrical stimulators, and radiofrequency ablators have helped patients to recover from their ailments quicker and has consequently boosted the market for pain management devices.

Global Powertrain Industry: Asia Pacific Emerging as the Most Lucrative Market for Powertrains

Posted on Apr 23, 2015

At present, gasoline powertrains are the prevalent ones in the global automotive industry. However, these powertrains are likely to be substituted by their diesel counterparts owing to the increasing difference between their prices. The major factors behind the heightened demand for powertrains in the entire world are the rise in the demand for automated transmission and the increase in the trend of engine downsizing as it reduces fuel consumption and emissions, simultaneously providing the performance required from a larger engine. The increase in automotive manufacture is also a significant driving force behind the growth of the global powertrain industry.

Growing Consumer Awareness Fuelling Global Prebiotics Market

Posted on Apr 22, 2015

Prebiotics can be segmented by ingredient into inulin, fructo-oligosaccharides, mannan-oligosaccharides, galacto-oligosaccharides, and others such as resistant starch prebiotics, xylo-oligosaccharide, and chicory fructans. Inulin led the overall prebiotics market in terms of demand, holding more than 40% of the total market in 2011. Inulin has numerous health benefits as a result of which it is widely used in the processed food industry. Inulin promotes the growth of beneficial intestinal bacteria, increases mineral absorption, and is highly suitable for diabetics since it helps in managing blood sugar. 
 
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