In Vitro Diagnostics (IVD) Market Analysis, Regional Outlook, Segments And Forecast To 2020

Industry Insights

The global In Vitro Diagnostics (IVD) Market size was estimated at USD 60.17 billion in 2016. The rise in prevalence of gastrointestinal disorders and sexually transmitted diseases, coupled with increase in requirement for large-scale population screening will grow the market in the forecast years. For instance, new generation cancer diagnostics are in demand for identifying if a particular medicine or treatment would be effective on the patients. Innovations and advancements in these technologies will help to grow the market, further leading to introduction of new test applications.

The rise in the base population with increase in command for diagnostic testing will help to boost the IVD market. Also, rising incidence of diabetes is expected to increase the demand of proper diagnostics for patients who use these devices regularly to examine their blood glucose level. According to the National Diabetes Statistics Report 2014, approximately 9.3% of total of the U.S. population or 29.1 million people of the total have diabetes and around 27.8% of the U.S population or 8.1 million people are undiagnosed and are suffering from diabetes

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/in-vitro-diagnostics-ivd-market/request-sample

Various organizations are working to observe the industry. For example, BIVDA, an union of companies with high involvement and interest which represents manufacturers and distributors implementing in the UK is actively involved in commercialization of novel diagnostics. Rising importance of the diagnosis in patient care and swiftly altering healthcare environment, along with the increase in awareness about the diseases, will help to promote the IVD market in the coming years. Increasing demand for the detection of different diseases which includes upper and lower respiratory tract infections such as RSV, influenza, Legionaries disease, pneumonia and malaria will help to drive the growth.

Product Insights

Professional diagnostic were found to be the largest segment with revenues of USD 41.34 billion in 2016. The increasing base of target population with unmet medical needs which includes infectious diseases and the potential of this segment to offer reliable and rapid diagnostics will lead segment growth.

Tissue diagnostics is expected to grow at a CAGR of 10.2% from 2014 to 2020 due to increasing prevalence rates of cancer thus raising the demand for lab automation. In accordance to the National Cancer Institute, in 2015, the most common cancers are likely to be of bronchus and lung, rectum and colon, breast, melanoma of the skin, and prostate. Furthermore, approximately 1,658,370 new cancer cases are probable to be diagnosed in the U.S. in coming year, which is anticipated to help increase the requirement for tissue diagnostics segment.

Regional Insight

North America was the major region and is expected to grow owing to incidence of chronic disorders which includes respiratory diseases and cancer in this region. Europe was estimated at over USD 23.92 billion in 2016 and is predicted to rise due to growing prevalence rate of cancer, tuberculosis and pneumonia in the coming years.

Asia Pacific is followed by Europe, which accounted for over 21.0% of market share in 2016. Growing clinical research, government initiatives in order to enhance the diagnostics with the increasing per capita healthcare expenditure will help to promote the growth over the forecast period. The IVD majorly adds to the health and wellbeing of the European economy. Over 40,000 IVD products are available in the market which caters to the needs of specialists and patients for a wide array of conditions.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/in-vitro-diagnostics-ivd-market

Competitive Insights

Johnson and Johnson, Siemens Healthcare, Becton Dickinson, Roche Diagnostics, Abbott Laboratories, and Beckman Coulter Inc. are the key players of the market. These players provide different solutions such as various required services, reagents, and instruments. The companies are occupied in wide R&D activities to gain sustainability and commercialize new products in this segment which is expected to increase the market rivalry.

In April 2015, Abbott and Sekisui declared a conformity to offer around the globe coagulation testing solutions. As per the conformity, the elite distributor is Abbott of CP3000 coagulation instrument (Sekisui), in Europe, the U.S., and regions that approve CE mark. In December 2014, the product line was expanded by Roche for testing of human tissue and organ for next-generation blood screening assays.

For More Details Visits @ https://www.millioninsights.com

Pharmacovigilance Software Market Share, Development, Growth and Demand Forecast to 2024

Industry Insights

The global Pharmacovigilance (PV) Software Market size was worth 124.92 million in 2016 which is anticipated to grow at a CAGR of more than 6.6% during the forecast period. Increasing cases of Adverse Drug Reactions (ADRs) is the major attributing element for the growth of the PV software market over the forecast period. Augmented guidelines administered by the government authorities including European Medical Agency and the U.S. FDA are anticipated to encourage the adoption of the pharmacovigilance systems in coming years.

These systems have significance in the clinical research since they are applied to perform clinical studies and in carrying out post- marketing surveillance activities. Argus and ArisG are the most widely utilized PV softwares for the clinical studies globally. The advantages related to its usage include simplicity of access and minimized data redundancy that are expected to boost the market growth over the forecast period.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/pharmacovigilance-software-market/request-sample

Furthermore, increasing withdrawals of the high profile drugs and the pressure on drug manufacturers to identify early signs of ADRs is expected to fuel the demand for these tools over the forecast period. Rising concerns toward patient safety and strict regulatory inspections to control the cases of serious ADRs are amongst the major contributing factors toward the growth. The increasing complication of drug safety regulations is thereby anticipated to fuel the demand.

 Functionality Insights

Increasing ADR cases propel the demand for cost-effective adverse event reporting systems that was accountable for the leading position of this segment in 2016. ADRs are the major reasons of morbidity observed in the developed countries. As per statistics stated by NCBI, in the year 2013, nearly 4.2- 30% of the overall hospitalization in the U.S. and Canada, whereas 2.1-5.2% in Europe was owing to rising adverse events, that is accountable for additional growth.

Likewise, as per the study directed by the European Commission, adverse events lead to nearly 197,000 deaths annually. ADRs foist a sizeable burden on healthcare systems. These events are anticipated to cause rising demand over the forecast period.

Delivery Mode Insights

On-premise delivery mode includesinstalling services and solutions that computer- based andexistinside the organization. Even though these are to be installed in the organization premises, access can be obtainedto remote locations therebyoffering the advantage of minimized costs owing to power usage and system sustenance. The advent of cloud computing and also its fastacceptance by the healthcare IT providers isanticipated to restrain the development of the on-premise segment during the coming years.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/pharmacovigilance-software-market

End-Use Insights

PV softwares are broadly adopted by pharmaceutical and biotechnology organizations for reducing burden on the medical expenditures and to accelerate clinical trial programs. PV outsourcing is contemplated in pharma industry. The manufacturers are currently attempting to recognize various methods to control costs and reduce operational expenses through progressive shifting from being fully-integrated pharma companies to sharing costs through partnerships with contract service providers. These factors are anticipated to reinforcing the development of contract research firms which conduct pharmacovigilance services.

The services provided by these software providers are validation of data, scientific assessment, management and entry. The chief clinical research organization opt to outsource these assignmentssince they aid in improving internal resource flexibility, enhance timelines, and aidachieve better outcomes. It enables better pharmacovigilance via improved regulatory compliance, better quality and higher productivity with respect to management of information and enhanced strategic outcomes.

Regional Insights

North America held leading position in the overall market space in 2016. Rising pressure to sustain electronic medical records owing to the regulatory policies implemented by the U.S. FDA authorities is expected to drive industry growth.

In addition, the existence of big pharmaceutical companies and the presence of enhanced technology for ADRs reporting are contributing to industry growth. Asia pacific market is expected to demonstrate profitable growth owing to increasing healthcare expenditure and availability of a huge pool of firms in this region.

Competitive Insights

Key players leading the pharmacovigilance software market are AB Cube, ArisGlobal, Ennov Solutions Inc., EXTEDO GmbH, Max Application, Online Business Applications, Inc., Oracle Corporation, Relsys, Sparta Systems, Inc. and United BioSource Corporation. The companies have focus on the growth of cost- efficient and completelycombined PV systems to attain profit and minimize healthcare expenditure. The companies are opting to enter into partnership collaboration with contract research firms, which provide customized services, in order toacquire a competitive benefit.

For More Details Visits @ https://www.millioninsights.com

Phototherapy Equipment Market Revenue, Gross Margin, Segment and Forecast 2014-2025

Industry Insights

The global Phototherapy Equipment/Device Market value was worth USD 481.5 million in 2016 which is anticipated to increase at a CAGR of more than 5.8% over the forecast period. Growing incidence of skin diseases is significantly boosting the phototherapy equipment market. Some of the most prevalent skin diseases include eczema, psoriasis and acne related problems.Psoriasis is one of the most prevalent autoimmune diseases in the U.S. According to International Federation of Psoriasis Association (IFPA), nearly 150,000 new cases of psoriasis come up every year. Based on National Eczema Association statistics, 31.6 million people in US suffer from eczema.

High pollution results into global warming and ultraviolet rays; this is another factor which contributes to the high prevalence of these skin disorders. According to American Academy of Dermatology, 50 million of the U.S. population suffer from acne problems every year. As a result, increasing incidence and prevalence of such skin diseases is projected to accelerate growth of the phototherapy equipment market.Apart from chronic skin diseases, phototherapy equipment are also used for treating neonatal jaundice. Exposure of fluorescent lights on neonates helps in the treatment of this disease condition.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/phototherapy-equipment-market/request-sample

According to WHO, almost 60% of the new born suffer from jaundice within first week of their birth. According to Scholars Journal of Applied Medical Sciences, almost 25-50% of infants and premature neonates suffer from jaundice. Thus, increasing number of neonates with jaundice is expected to support the demand for phototherapy products.

Furthermore, with technological advancements in the field of phototherapy, this market is witnessing a significant growth. For instance, Nice4000 CFL- standalone CFL phototherapy, manufacutured by Nice Neotech Medical Systems Pvt. Ltd. uses compact fluorescent tubes to deliver high intensity phototherapy for the treatment of neonatal jaundice. Several bulb configurations are also available Several bulb configurations are available for phototherapy and diagnosis.

Product Insights

Based on product, the market is segmented into conventional, fiberoptic, and LED equipment. In 2016, conventional equipment dominated the market owing to is high usage in the treatment of eczema, psoriasis and other skin diseases.

LED equipment is expected to witness an attractive growth over the forecast period due to the availability of cost-effective devices. These products are highly effective in treating neonatal jaundice. For instance, IREX10, manufactured by Ibis Medical is highly efficient in treating neonatal jaundice.

Application Insights

Based on application, the market is segmented into neonatal jaundice management and skin disease treatment. In 2016, skin disease treatment dominated the market due to increase in prevalence of skin disorders, like eczema and psoriasis. Neonatal jaundice management is projected to show lucrative growth over the forecast period. This is due to the growing number of neonates suffering from hyperbilirubinemia. Moreover, launch of technologically advanced products for the treatment of the neonatal jaundice is also expected to heighten the market growth.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/phototherapy-equipment-market

End-use Insights

Based on end-use, hospitals and clinics held the largest market share in 2016. This is due to the increasing number of child births in hospitals. Availability and easy accessibility of clinics in both developing and developed regions also contributed to the growth of this segment. Homecare segment is projected to witness attractive growth over the forecast period due to the easy applicability of phototherapy products at home. Cost-effectiveness of homecare phototherapy treatment is further anticipated to boost the segmental growth.

Regional Insights

On the basis of region, North America held the largest market share in 2016. This is due to the increasing number of acne disorders and people being more concerned about their esthetics in country like the U.S. Adoption of highly advanced devices is also expected to boost this regional segment growth.

Asia Pacific is projected to showcase attractive CAGR over the forecast period owing to the high prevalence of skin disease such as eczema and psoriasis among the Indian population. Moreover, increasing awareness in developing countries regarding advanced skin care treatments is further projected to boost the market growth.

Competitive Insights

Some of the key players of the market comprise Nice Neotech Medical Systems Pvt. Ltd.; GE Healthcare; Natus Medical Incorporated; Philips Lighting Holding B.V.; Solarc Systems Inc.; Atom Medical Corporation; Phoenix Medical Systems Pvt. Ltd.; and National Biological Corp.

In order to fulfil the unmet needs of the target population, the major companies are undertaking regional expansion, development of new products and mergers & acquisitions. For instance, in 2015, Brilliance Pro was launched by Phoenix Market Systems. It SmartTilt feature provides consistent intensity across a baby’s skin, suffering from jaundice regardless of the angle at which the light head is oriented.

For More Details Visits @ https://www.millioninsights.com

Cell Isolation/Separation Market Share, Trends, Revenue, Volume and Forecast Report 2025

Industry Insights

The global Cell Isolation/ Separation Market size was estimated at USD 3.6 billion in 2016. There has been a recent increase in the use of the cell isolation in the stem cells research and cancer studies by the biotechnology companies and pharmaceuticals. This has triggered immense demand for related products. The cell separation is used for advanced analytical procedures in cancer and stem cells research. This has resulted in high demand for proteins and in turn is expected to support the cell isolation market during the forecast period.

Personalized medicine is customized medical treatment for each individual which facilitates greater outcomes. The cell isolation market procedures can be used for personalized medicine for the early detection of the diseases and to provide proper treatment. The separation of different cell types is a vital step for research, diagnostics, biomedical, and biotechnological applications. Thus, the rising demand for personalized medicine is a major factor augmenting the cell separation products.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/cell-isolation-separation-market/request-sample

Product Insights

The product segment is fragmented into consumables and instruments. The consumables segment is estimated to account for the largest market share. The increase in investment in research and development activities by the biotech companies has led to a boost in the cell separation products. This has led to a surge in demand of the cell separation consumables adding to the segment growth.

The instruments segment is projected grow at a significant rate due to product development and advancement during the forecast period. This advancement is helpful in the efficient cell separation and diagnostics purposes. The increasing incidence of diseases is responsible for the rise in demand for therapeutics which in turn is adds to the growth of the separation products.

Type Insights

The wide use of the stem cells in various applications like biopharmaceuticals and other research is a major factor for the growth of the cell separation market. Moreover, the rise in R&D procedure for new product development and clinical trials also add to the cell isolation market share. The animal type is expected to show a fair amount of growth in the forecast period.

The growing government focus on the development of the newer drug discovery along with investments from pharmaceuticals has attributed to the growth of the cell separation market. The drug discovery and research require animal cells for the examination of the preliminary toxicity and efficacy of the new molecule. Thus, the increasing government rigidness regarding animal cells and tissue availability are expected to hinder the market growth.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/cell-isolation-separation-market

Technique Insights

There are different techniques including centrifugation, surface maker, and filtration that are used for cell isolation. The centrifugation segment is expected to hold largest market share in 2016. The rise in the application of cell isolation in the research laboratories, biotech institutes, biopharmaceutical companies and cell banks is accelerating the sector growth during the forecast period.

The filtration and surface marker segment is expected to show significant growth rate during the study period. Product development and rising investment in pharmaceutical manufacturing has led to increased share of the segment. The advanced filtration systems are used for research and production by the manufacturers for assuring the better quality of end product.

Application Insights

The biomolecule segment is reported to have the highest revenue share in 2016. The increasing focus on the production of the biopharmaceuticals such as monoclonal antibodies, biosimilars, and proteins add to the segment growth. Moreover, the increasing research investments and government funding has propelled the sector growth.The cancer and stem cells research segment are expected to exhibit rapid growth in the forecast period. The growing investments made by the pharmaceutical companies in stem cells research is a major factor responsible for the growth of the segment. Investments are expected to yield newer products in the research process, ultimately increasing the demand for the novel and efficient techniques used in stem cells research adding to the market growth.

End User Insights

The end users segment is further categorized into research laboratories, institutes, and biotechnology & biopharmaceutical companies. The research laboratories and institutes segment accounted for the largest market share in 2016. This is due to the increased prevalence of the stem cells and cancer research.

The biopharmaceutical & biotechnology companies segment accounted for remarkable revenue share in the market. This is due to an increase in the R&D investment by biologics manufacturers for research activities related to protein therapeutics, monoclonal antibody, and cancer & stem cells research, which is expected to boost the demand for cell isolation products.

Regional Insights

North America accounted for the largest market share in the 2016. Presence of major biotechnology companies and pharmaceutical companies in the region as well as highly developed infrastructure has contributed to the growth of the regional sector. In addition, product advancements and drug discoveries in the region is further anticipated to boost growth.

Several biotechnology and pharmaceutical companies are penetrating the Asia Pacific region owing to high target population base, increasing disposable incomes, cheap labor, and rapidly growing economy. With highly populated countries, offer a large gene pool for more research thus. further helping the cell isolation market in the region. Moreover, there are less stringent regulations along with the availability of the skilled but cheap worker which add to the market growth.

Competitive Insights

Some of the key players in the market are BD Biosciences; Thermo Fisher Scientific, Inc.; Merck KGaA; Beckman Coulter, Inc.; GE Healthcare; STEMCELL Technologies Inc.; Terumo BCT; and Bio-Rad Laboratories, Inc. The increasing merger, acquisition, and collaboration between the companies have profited the cell isolation market growth. For instance, In August 2016, STEMCELL Technologies Inc. and GE Healthcare announced a licensing agreement. According to which STEMCELL Technologies’ T-Cell reagents will be commercialize by GE Healthcare. This reagent can be used for the separation, culture, and activation of T-cells in clinical applications. Moreover, the newer product launch and regional expansion have also attributed to the market growth.

For More Details Visits @ https://www.millioninsights.com

Oriented Strand Board (OSB) Market Application, Technology & Market Analysis Report 2022

Industry Insights

Global Oriented Strand Board (OSB) Market size was estimated over USD 8.0 million in 2014. The growing substitution of plywood by OSB in applications such as residential construction and commercial sector is expected to have a positive impact on market demand. The high strength to weight ratio and easy installation advantages provided by oriented strand board are driving market growth of these products. This product is consumed for both non-structural and structural applications such as shelving, pallet manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological advancements in countries such as Brazil, Russia, China, and India for the development of new products is anticipated to create new growth avenues over the forecast period.

Increasing consumption of office furniture and home furniture is likely to propel demand over the forecast period. The product finds application in various industries for packaging as it exhibits properties such as durability, core-voids, rigidity, moisture resistance grade, lightness, and lack of knot holes. Fluctuating raw material prices can act as a restraint to the market demand. The adhesives used in the manufacturing of OSB are obtained from the petroleum industry. The price fluctuations in the petroleum industry are expected to impact negatively on the manufacturing activity.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market/request-sample

Application Insights

In 2014, construction segment accounted over USD 4.0 million. Increasing consumption of structural insulated panels, industrial containers, single-layer flooring, subflooring, webs for wood I-joists, wall and roof sheathing, mezzanine deck, and sheathing ceiling is expected to drive product demand over the forecast period.

In terms of revenue, packaging is projected to grow at a CAGR of 29.0% over the forecast period. The high level of strength exhibited by these products coupled with low prices is boosting demand in this application segment. Growing packaging industry in countries such as UK, Hong Kong, India, Canada, Thailand, Taiwan, U.S., Singapore, China, and Australia is likely to fuel the market growth over the forecast period.

Regional Insights

In terms of volume, North America was the largest global market and accounted for over 55.0% in market share owing to raw material availability and strong environmental regulations. The growing export from Canada is expected to drive market growth over the forecast period.

Asia Pacific witnessed rapid growth in construction and packaged foods industry. The rising disposable income coupled with urbanization in emerging economies is expected to have a positive impact on market demand for oriented strand board.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market

Competitive Insights

The key players in the oriented strand board market are Huber, Norbord, Louisiana-Pacific, ARBEC, Georgia-Pacific, Weyerhaeuser, RoyOMartin and Ainsworth Lumber Co. Home featuring material such as LP TechShield Radiant Barrier Sheathing developed by Louisiana-Pacific was favored by The U.S. Green Building Council (USGBC).

In 2013, Georgia-Pacific opened new plant in Clarendon for the manufacturing of different OSB products such as Thermostat OSB Radiant Barrier Sheathing. Norbord acquired Ainsworth Lumber Co. in June 2015 owing to extensive mill network of the company.

For More Details Visits @ https://www.millioninsights.com

Neuroprosthetics Market Regional Estimates and Category Outlook by 2014-2024

Industry Insights

The Neuroprosthetics Market in 2015 was estimated at USD 4.2 billion globally. This can be attributed to high prevalence rate of disorders such as severe depression, Alzheimer’s, muscle/neuromuscular junction disorder, ophthalmic, auditory, epilepsy, and Parkinson’s which will drive the growth. Also, the increasing investments in R&D for new products and device innovation & development for effective treatment plans to be used for neurological diseases are anticipated to provide significant boost to the overall demand.

The increasing preference of self-charging devices, which uses bioenergy is expected to propel demand for brain implants throughout the forecast period. Furthermore, rise in aging population susceptible to neurological diseases is presumed to be a high impact factor for increasing neural implants demand throughout the forecast period.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/neuroprosthetics-market/request-sample

Technology Insights

The largest market share of around 50.0% was held by spinal cord stimulation segment in 2015. The dominant share can be attributed to high penetration of these devices with technological upgradations. These upgradations facilitate usage in various applications, to treat impaired autonomic, sensory, and motor functions.

Advent of technologically advanced products, that includes surgical implantable devices, featuring images, MRI, movable and automated probes, and local field potentials is predicted to provide attractive growth opportunities. Moreover, the frequent development of next-generation technologies by manufacturers, to enhance treatment interventions for restoration of impaired neurological functions, makes sacral nerve stimulators as fastest growing segment.

Type Insights

The largest market share was held by motor prosthetics followed by the cochlear prosthetics segment in 2015. The dominant share held by motor prosthetic can be attributed to increased adoption, preference for implantable devices in bladder control and brain computer interface for treatment of lateral sclerosis & paraplegic patients. A rapid growth is seen by the auditory segment owing to the increase in usage of mid brain AMI’s and brain stem implants ABI’s by patients with impaired hearings. Cochlear implants can be used for stimulation therapy and signal processing systems, which is expected to broaden the treatment scope in the future for neural disorders.

Application Insights

Traumatic brain injuries, spinal cord injuries, Parkinson’s disease, and Alzheimer’s can be treated with the use of neuroprosthetics. The neuroprosthetic devices can be broadly classified into cognitive & physiological disorders, and motor neuron abnormalities based on application. The largest application segment was found to be motor neuron disorders in 2015 owing to the increasing adoption in epilepsy and Parkinson’s along with high prevalence of the aforementioned thereby leading to a widened consumer base.

The fastest growing segment is anticipated to be cognitive disorders as a consequence of rising prevalence of severe depression and Alzheimer’s. Introduction of various technologically advanced stimulation devices which can stimulate motor controls and calculate limb trajectory to be used in paralysis treatment, is expected to further drive the market during the forecast period.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/neuroprosthetics-market

Regional Insights

The largest share of over 50.0% in terms of revenue was held by North America in 2015. The dominancy in terms of revenue can be attributed to various factors such as, private and government funding as well as supportive healthcare infrastructure. Europe is anticipated to witness an upward shift as a consequence of advent of technologically advanced products for patients with impaired hearing and increasing initiatives by the government. The fastest growing region is predicted to be Asia Pacific owing to the untapped opportunities present in this emerging region.

The shifting focus towards overall cost containment in manufacturing of implants and high awareness amongst patients are predicted to drive the growth prospects. Moreover, increasing investments by the key players for development of new manufacturing facilities is expected to provide high growth potential over the coming years for neural implants.

Competitive Insights

Various companies, which offer solutions for a wide range of neurological disorders, are Brain Gate, So nova, MED-EL, Nervo Corp., Retina Implant AG, St. Jude Medical Inc., and Boston Scientific Corporation. The prominent players include NeuroPace Inc, NDI Medical LLC, Medtronic Inc., Cyberonics Inc., and Cochlear Limited.

The oligopolistic nature of the market and companies help in providing technologically advanced and effective solutions including, stimulators, smart hearing devices, wireless mini microphones and advanced therapy for neurological diseases. Geographic expansion and strategic collaborations are some of the few sustainable strategies that are adopted by these players. This is predicted to keep the industry’s competitive rivalry at the highest level and drive the market throughout the forecast period.

For More Details Visits @ https://www.millioninsights.com

Geriatric Care Services Market Share, Demand, New Opportunities and Foresight to 2022

Industry Insights

The global Geriatric Population Market size was estimated at USD 629.34 billion in 2014 and is expected to grow at a CAGR of 6.1% over the forecast period. Growing geriatric population coupled with rising prevalence of chronic diseases is one the key factors driving the growth of geriatric care services market. According to United Nations World Ageing Population 2015 report, it was estimated that between 2015 and 2030, the number of people aged 60 years and above will grow by 56 percent, from 901 million (2015) to 1.4 billion (2030). It was also reported that by 2050, the number is expected to double its size, reaching about 2.1 billion. In addition, growing demand for independent aging solutions and introduction of robotic technology in geriatric care is also anticipated to further boost up the market growth.

Presence of favorable reimbursement policies and increased life expectancy are also amongst few factors expected to propel demand for geriatric care services. There is an increase in the adoption level for these services owing to the advantages associated with these services such as in chronic care management. Furthermore, increasing number of homecare and long-term care services offered by geriatric care centres such as nursing care, health assessment & monitoring, and counseling & financial support is anticipated to drive the demand for these services. Favorable government initiatives and increasing elderly population prone to cardiovascular, orthopedic, neurological, and respiratory disorders are some of the crucial attributes of this market. However, high cost of devices may hinder the growth of geriatric care services in emerging economies like China, India, and Brazil.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/geriatric-care-services-market/request-sample

Service Insights

Based on the services, the market is segmented as home care, adult day care, and institutional care. Institutional services market held the largest market share of about 41.1% in 2014 pertaining to the factors such as presence of large number of institutions and high usage levels of the institutions offering geriatric care services. In addition, homecare services is expected to witness fastest growth over the forecast period owing to increasing awareness regarding the advantage associated with the home care services among the elderly and patients in post-surgery recoveries.

Increasing demand for independent aging solutions and need for reducing overall cost of care services further drives up demand for such services. However, low preference and availability of other options such as community centers and assisted living in developing countries may limit the growth of geriatric care services.

Regional Insight

North America dominated the market with the maximum share of 44.5% in 2014. Some of the key factors attributing to the market growth include favorable reimbursement policies and presence of large number of care centers in the U.S. According the Center of Disease Control (CDC) in 2012, there were nearly 95% nursing homes, 77% adult day care service centers, 78% home health agencies, and 52% residential care communities were certified to participate in Medicaid. Asia pacific region is expected to be the fastest growing segment with a CAGR of 8.5% over the forecast period.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/geriatric-care-services-market

The region offers untapped potential due to low product penetration rate, unmet medical needs, and large elderly population base in emerging economies like India and China. Rising incidences of neurological, orthopedic, and cardiovascular disorders in such countries is expected to drive the growth in this region. The growth prospects in Mexico is significant during the forecast period due to inadequate and distributed geriatric care services.

Competitive Insights

Few of the key participants of geriatric care services market include, Senior Care Centers of America; Brookdale Senior living; Kindred Healthcare Inc.; Genesis Healthcare Corp.; Sunrise Senior Living Inc.; GGNSC Holdings, LLC and Extendicare, Inc.

For More Details Visits @ https://www.millioninsights.com

Surgical Instrument Tracking Systems Industry Segments, Development, Opportunities, Forecast to 2025

Industry Insights

Global Surgical Instrument Tracking Systems Market was valued at over USD 83.5 million in 2015 and is anticipated to rise at over 19.0% during the forecast period. The major factors, which contribute to the growth of this market are growing incidence of hospital acquired infections and instrument misplacement. In the U.S., nearly 90,000 people die every year due to hospital-acquired infections, based on a data by CDC. In order to prevent these infections arising out of instrument contamination, instrument tracking system is highly useful. It is also used for inventory management to enhance the efficiency of the staff.

Rising prevalence of retained surgical equipment cases is another factor which is expected to contribute to the demand for surgical instrument tracking systems in the coming years. The fatality rate of retained surgical instruments accounted for nearly 2%, according to a study by the National Centre for Biotechnology Information. Technological advancements in the field of surgical instrument tracking systems, such as RFID, 2D bar codes further boost the growth of this market.

Request Sample Copy of this Market Research @  
https://www.millioninsights.com/industry-reports/surgical-instrument-tracking-systems-market/request-sample

Product Insights

Based on the product, the market is classified into services, hardware and software. Software held the largest market share in 2016 and is projected to witness lucrative growth over the forecast period. Advancements in the field of software technology, such as tracking surgical instruments and inventory management support the growth of this segment. For instance, IMPRESS, designed by BD helps delivering information on sterilized surgical equipment. This further facilitates inventory management and delivers ongoing assistance through phone.

The hardware segment is expected to showcase significant growth over the forecast period. This is due to the high demand for RFID labels and barcode tags. For instance, Dot XXS - Autoclavable Version of Xerafy is especially designed for tagging surgical instruments. It is one of the smallest RFID metal tag and withstands repeated autoclave and chemical washes.

Technology Insights

Barcode technology held the largest market share in 2016. It is the most common technology used for tracking systems and is widely used by medical device industry, thus, contributing to the growth of this segmental revenue. Moreover, the low installation cost associated with these barcodes also has led to increasing use by ambulatory surgery centers and hospitals.

The RFID segment is expected to witness lucrative CAGR over the forecast period owing to the rapid technological advancements in the field of RFID, such as huge data storage capacity, high durability, no requirement of line-of-sight and reusability.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/surgical-instrument-tracking-systems-market

End-Use Insights

In 2016, hospitals held the largest market share owing to the retention of surgical instruments at the site of surgery. In order to improve patient safety by tracking the instruments and managing the inventory, hospitals increasingly use surgical instrument tracking systems. This contributed to the growth of the segment.

Hospitals are also anticipated to show highest growth over the forecast period. Rapid technological advancements in the hardware and software is expected to support the growth of this segment.

Regional Insights

In 2016, North America held the largest market share. The U.S. Food and Drug Administration launched an innovative device, which can detect and identify medical devices. This factor contributed to this largest revenue growth. In addition, availability of highly developed medical infrastructure, huge penetration of advanced technology and rising healthcare expenditure further accelerates the growth of this regional segment. According to CMS, total healthcare spending in the U.S. was USD 3.2 trillion in 2015, which depicted high healthcare expenditure in this country.

Asia pacific is projected to witness attractive growth over the forecast period owing to the untapped market of this region. Moreover, rapid investments in healthcare infrastructure along with increasing geriatric population also contributed to the high growth of this segment.

Competitive Insights

Some of the major companies of this market are Xerafy; Haldor Advanced Technologies Ltd.; Materials Management Microsystems, Inc; Censis Technologies Inc.; Becton, Dickinson and Company and B. Braun Melsungen AG.

In order to fulfil the unmet needs of the target population, the major companies are undertaking regional expansion, development of new products and mergers & acquisitions. For instance, in October 2015, Xerafy launched world’s smallest RFID tag named XXS Tags.

For More Details Visits @ https://www.millioninsights.com

Acetic Acid Market 2018 Analysis, Opportunities And Forecast To 2022

The global Acetic Acid Market to reach $13.3 billion by 2022. Rising production of vinyl acetate monomer (VAM) as a result of growth in automotive and construction industries of emerging economies including China and India is expected to remain a key driving force. Acetic acid finds applications as a precursor for the production of numerous compounds including camphor, mono chloroacetic acid, photographic chemicals and diketene require acetic acid.

The aforementioned compounds are further processed to produce greases, adhesives, sealants and coatings. Growing importance of preventive maintenance in the manufacturing sector is expected to promote the usage of lubricating greases, protective coatings and sealing agents which thus, in turn, will have a positive impact. Growing demand for water-based paints & coatings in automotive and construction industries owing to rising awareness towards eco-friendly products is expected to promote the use of polyvinyl acetate, polyvinyl alcohol, and ethyl vinyl acetate. Furthermore, significant gains in VAM market as a result of increasing applications in construction, automobiles and furniture industries is projected to have a substantial impact.

Request Sample Copy of this Market Research @  
https://www.millioninsights.com/industry-reports/acetic-acid-market/request-sample

PTA (Pure Terephthalic Acid) is used as a precursor along with mono-ethylene glycol for the production of PET, and processed for manufacturing carbonated soft drinks (CSD) bottles, automotive ancillaries, and electronic consumables. The increment in sales volumes of CSD in developed markets including the U.S. and Germany on account of new product launches such as Diet Coke is expected to fuel the demand for PTA, and thus, in, the turn will augment acetic market growth.

Over the past few years, vinegar has emerged as a culinary ingredient for the production of functional food. Rising awareness among consumers toward the health benefits of vinegar is expected to have a positive impact on industry.

Application insights:

VAM accounted for over 25% of global acetic acid industry share in 2015. Rising demand for VAM as a precursor for the production of adhesives on account of exhibiting superior properties including enhanced adhesion, fiber forming, optical and electrical properties is expected to have a positive impact on the industry.

Growing demand for biaxially oriented PET film in food packaging and thermal insulation applications is projected to have a substantial impact. However, rising spending towards toward the development of 100% bio-based PET by CSD companies including Coca-Cola Company is expected to force PTA manufacturers to prefer bio-based paraxylene as raw material over acetic acid and thus, in turn, will pose a significant challenge.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/acetic-acid-market

The increasing acceptance of advanced polyesters in the textile sector on account of providing excellent properties of breathability, and durability as compared to other conventional polymers is expected to open new markets. Growing importance of diluents and eco-friendly solvents including acetate esters in food & beverage industry as a result of high market visibility in developing countries including China and India is expected to expand the demand for acetic-based product forms.

Regional Insights:

The acetic acid market in China was 5,391.4 kilo tons in 2015 and is expected to witness significant gains on account of strong foothold of VAM and acetate esters on a domestic level. Furthermore, the positive outlook towards packaging industry as a result of significant gains in application segments including food & beverage and pharma is expected to drive the market.

North America accounted for 15.9% of global volume share in 2015. Significant improvement in automotive sector of the Mexico as a result of new product launches in four wheeler segments by Nissan is expected to increase the consumption of VAM and thus, in turn, will fuel acetic acid demand in the near future.

Competitive Insights:

Key acetic acid market participants include Eastman Chemicals, British Petroleum, Saudi International Petrochemicals, Celanese, DuPont, Wacker Chemie, Jiangsu Sopo (Group) Co., Ltd. In April 2016, AkzoNobel and Atul Limited announced the establishment of new mono chloroacetic acid manufacturing unit in Gujrat, India. This facility is expected to serve the food & beverage, pharma, and agriculture application segments and will open new markets over the forecast period.

For More Details Visits @ https://www.millioninsights.com

Pain Management Devices Market Regions and Applications Research Report Forecast to 2022

Industry Insights

The Pain Management Devices Market was estimated to be USD 3.18 billion globally in 2014. This can be attributed to increasing geriatric population along with rising number of population suffering from diabetes. According to estimates published by International Diabetes Federation, the prevalence of diabetes is predicted to increase to 552.0 million by 2030 from 355.0 million in 2011 globally. The increasing incidence of diabetes makes a huge population base susceptible towards development of chronic pain which is expected to drive the growth. The market is primarily driven by aging population base which is more prone to develop various chronic disorders. These chronic disorders include diabetes, cancer and cardiovascular disorders accounting for over 87.0% of disease burden in geriatric population.

In addition, there has been an increasing prevalence of cancer accompanied with chronic pain and serves as a potential contributor towards high potential growth. The trauma is a result of compression of a nerve by tumor and other factors which can be subsided with the use of these devices. According to estimates, over 20.0 to 50.0% of patients suffer from acute pain during diagnosis and about 75.0% as the disease progresses.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/pain-management-devices-market/request-sample

 Type Insights

The products included in the market are neurostimulation devices, analgesic infusion, electrical stimulators and others. The market was dominated by neurostimulation implants such as sacral neurostimulators, deep brain stimulators, spinal cord stimulators in 2014 having revenue share of over 48.9%.

This can be attributed to the wide array of applications of these implants in stimulation of vagus nerve, scaral nerve, deep brain, spinal cord, respiratory and others. When compared to traditional methods, neurostimulation implants are more efficient owing to their ability to produce sustained reduction in pain threshold.

Moreover, the adverse effects associated with traditional medicine therapy will contribute to the shifting focus towards usage of neurostimulation implants. On the contrary, it is expected that radiofrequency ablation devices will witness a lucrative growth throughout the forecast period. This growth can be as consequence of the extensive use of these devices for treatment of varicose veins, cardiac disease and tumors. The effect of ablation therapy lasts for around 6 to 12 months making it the most effective treatment. Radiofrequency ablation products are also used for treatment of neuropathic, musculoskeletal and cancer pain.

Application Insights

The major applications include trauma, musculoskeletal disorders, migraine and facial, neuropathic and cancer, which can be accessed through neurostimulation products. A substantial share was held by neurostimulation devices owing to the efficient results achieved by stimulation of spinal cord. Additionally, these products also have various benefits such as stimulation of customized level based on the activities done by the individual in a day. These show their action by inducing cell necrosis by temperature thermal therapy.

Browse Full Research Report @  
https://www.millioninsights.com/industry-reports/pain-management-devices-market

Regional Insights

The market was dominated by North America with a revenue share of around 49.5% in 2014. The dominance can be as a consequence of supportive healthcare infrastructure which helps in increasing accessibility of pain management devices. Moreover, initiatives by government such as Affordable Care Act and Precision Medicine along with favorable reimbursement policies contribute to the regional growth. Also, increasing awareness level amongst individuals coupled with high healthcare expenditure is predicted to broaden the growth potential.

A lucrative growth is expected to be witnessed by Asia Pacific throughout the forecast period as a consequence of supportive governmental policies for improvement in healthcare infrastructure. Also, emerging economies such as China and India have high disposable incomes and is anticipated to drive the demand.

Competitive Insights

Prominent players include Stryker Corporation, St. Jude Medical, Smiths Medical, Medtronic Plc, Pfizer, DJO Global LLC, Codman and Shurtleff, Boston Scientific Corporation, Baxter International Inc., Melsungen AG., and B Braun. Key strategies include acquisitions, mergers and alliances to provide a competitive edge.

For instance, St. Jude Medical acquired Spinal Modulation Inc., developer of axium neurotransmitter system, which helps in targeting neural structure in spine, in May 2015 which is predicted to strengthen product portfolio of the company.

For More Details Visits @ https://www.millioninsights.com

Pressure Sensitive Adhesives Market to Witness Exponential Growth by 2024

Industry Insights

The global Pressure Sensitive Adhesives Market was valued at USD 8.81 billion in 2015. The market is driven by the increasing consumption of the product in construction, consumer goods, automotive, and packaging industries. The rising requirements for reducing weight in products providing high bonding solutions is expected to drive market growth. The increasing use of low-cost engineering and lightweight plastics in numerous end-use applications such as electronics, construction, and automotive is expected to have a positive impact on the PSA market demand. The low plastic materials are evolving as substitutes for wood assembly, construction material, glass, and heavy materials.

The demand for PSA in the automotive sector is increasing owing to the pressure for reduction in emission from regulatory bodies coupled with increased mileage performance is likely to propel market growth. The rising acceptance of RFID labels (wireless tags) in end-use applications including medical, packaging, architecture, and automotive on account of their contribution in managing inventory is likely to aid PSA market growth. The regulations regarding reducing carbon & Green House Gases (GHG) emissions by improving fuel efficiency has attracted the OEM automotive towards plastics as substitutes for metals including steel and aluminium, thereby aiding PSA market growth. The cultural and social factors including increased spending on lifestyle products, increased income of nuclear families and a high number of working women are likely to affect market dynamics. These factors augment the growth in major industries including consumer goods, electronics & electrical, and packaging.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/pressure-sensitive-adhesives-market/request-sample

Technology Insights

The demand for water-based PSA is expected witness fastest growth on account of its eco-friendly and low-cost characteristics. The attributes of water-based PSA such as high resistance to UV radiation, temperature, and chemicals coupled with high sheer, peel & tack bonding well with polymer, polycarbonates, and glass & metal surfaces have enabled their scope of applications.

The labeling segment is the largest application of water-based PSAs having wide product range such as CDs, vegetables & fruits, electronic devices owing to its superior moisture adhesion coupled with high tack. In addition, their low cost and multiple properties have aided in their growth over conventional polymers.

The solvent-based PSAs are acrylic polymers produced from crude oil solvents offering high tensile strength. In addition, the peel & sheer strength provided by them is higher than water-based PSAs. Solvent-based products are used in Asia Pacific region on account of relaxed regulations on emissions. The use of the product in the automobile industry is high on account of their resistance to fluids including gasoline, brake fluid antifreeze, & oil and chemicals.

Product Insights

The largest product segment was labels at CAGR of over 5% owing to the rising demand for retail labeling and RFID labels. The key driving factor for the growth in this segment is a wide range of applications in security, health & beauty, food & beverage, and transportation industry. RFID labels contributed to one of the largest application segment owing to their ability to track security and inventory locations including sea ports, shopping malls, and companies. Graphics application accounts for a small market share as opposed to tapes and labels is a potential future market owing to a wide range of applications in cushioning and home décor.

Tapes dominate the market with wide application scope in construction & building, medical, electrical, and automotive industries. They are used in mounting, HVAC & pipe wrapping, splicing, casketing, sealing, and masking.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/pressure-sensitive-adhesives-market

 End-use Insights

The dominant end-use segment was packaging accounting for over 25% of the market volume in 2015, owing to the high use of the product in food packaging industry. The advent of packaging technology coupled with increased requirement of PSAs flexible materials on account of its attributes including good adhesion at low temperature is anticipated to fuel market demand.The extensive use of the product in electronics & electrical industries is on account of its performance specifications including easy application, strong bond strength, easy application, and transparency coupled with decreased processing time.

The electronic appliances including refrigerators and microwaves together with membrane switches are likely to have a positive impact on PSA market growth. The PSAs are widely used as substitutes for mechanical fasteners and liquid epoxies on account of its attributes including clean application, ease of handling, thickness control, flexibility, consistent bond, and mess-free processing. The rising need for use of automation, fast prototyping, and quick changeover are anticipated to fuel market growth in the electrical & electronics segment.

Regional Insights

Asia Pacific contributed to over 45% of the market volume in 2015. The easy availability o funds via personal loans and EMI coupled with increasing disposable income is expected to drive market growth in the region. The demand for the product is primarily from the electronic & electrical and automotive industries.

The variation in consumer preferences with regard to convenience and processed food is expected to propel PSA market demand in Central & South America for the labeling application segment. The emerging economies including Brazil and Uruguay are undergoing sharp industrial growth together with large investments in automotive and construction industries.

The stringent regulations regarding VOC emissions together with fuel efficiency norms are likely to result in the sluggish growth of the product in North America and Europe regions. The regulatory agencies including REACH, U.S., and EPA have strict norms to improve sustainability. This includes considerable investment by the companies to develop eco-friendly product portfolio in accordance with the norms.

Competitive Insights

The global PSA market is fragmented with the presence of various large and small scale companies. The major companies are 3M, Bostik, Avery Dennison, H.B. Fuller, Dow Chemicals, Sika, Henkel, and Ashland. The other players include Drytac, Collano Adhesives, Franklin Adhesives & Polymers, Novamelt, Scapa, and Jesons Industries.

The major companies in the market focus on developing their existing product portfolio together with the development of new, competitive, and innovative products. Ashland launched Arocure UV-curable PSAs based on hot-melt technology for application in specialty tapes. The widely used product strategy implemented by most of the companies is product innovation.

For More Details Visits @ https://www.millioninsights.com

Sorbitol Market Growth Analysis, comprehensive analysis, Emerging Trends 2020

Industry Insights

The global Sorbitol Market size was 1.96 million tons in 2015. Rising demand for artificial sweeteners with low-calorie content in food & beverages on account of increasing health awareness is expected to promote industry expansion over the forecast period. Growing demand for sorbitol as a functional ingredient in food & beverage, personal care, pharmaceutical, and chemical manufacturing will augment industry growth over the forecast period. The increase of the food & beverage sector in China, India, and Brazil on account of growing number of retail stores and supportive regulations to promote investments will create immense market potential.

The growing usage of artificial sweeteners in pharmaceutical applications including chewing tablets and syrups in the U.S., Germany, France and Japan will promote industry size over the forecast period. However, the laxative effect associated with sorbitol is expected to restrain industry growth. Rising consumption of natural sweeteners in the food & beverage industry in light of their low price and easy availability is projected to hamper market growth. Furthermore, increasing market penetration of artificial sweeteners including stevia, aspartame, mannitol and xylitol in applications including beverage, bakery goods, pharmaceuticals, personal care and chemical industries is expected to pose a challenge for industry expansion

Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/sorbitol-market/request-sample?

Product Insights

Liquid sorbitol was extensively used and accounted for 82.7% of the global volume in 2015. Growing applications of the product in the formulation of syrups, solvents, and gels on account of its sweetening effect will propel market growth over the forecast period. Moreover, its increasing use as an excipient for pan coatings in the healthcare sector as they exhibit excellent solubilizing property will promote demand.

Crystal product forms are expected to witness moderate revenue growth owing to high usage in manufacturing mint tablets, chewing gum, polydextrose and other sugar free-foodstuff including dried squid thread, roasted fish fillet, shrimp ball and frozen raw fish.

Application Insights

Toothpaste is projected to witness volume gains at a CAGR of 3.9% owing to increasing consumption of sorbitol for preventing dental problems including tooth decay and cavity issues. Demand for personal care products was 656.2 kilo tons in 2015. Rising use of the product as a sweetening and thickening agent in the formulation of personal care products. Chemical is expected to witness significant revenue growth owing to increasing application in biofuel, as well as rocket fuel, will promote demand over the forecast period.

End-Use Insights

Increasing demand for toothpaste, mouthwash, skin creams, and chewing gums in light of product innovation by FMCG manufacturers including P&G and Unilever will open new market avenues. Also, high refractive index of sorbitol is expected to promote the product used in the formulation of transparent gels.

Browse Full Research Report @ 
https://www.millioninsights.com/industry-reports/sorbitol-market

Downstream Opportunity Insights

Sorbitol is projected to remain a favorable chemical intermediate for the production of a broad range of goods including propylene glycol, ethylene glycol, glycerol, and isosorbide. Shifting preference from synthetically derived raw materials to natural products in the chemical industry in light of rising concerns over greenhouse emissions is expected to promote the use of sorbitol as a replacement to polyols.

Regional Insights

Asia Pacific accounted for 51.5% of the overall volume in 2015. The high prevalence of toothpaste and vitamin C manufacturing facilities in China, Japan and India is projected to have a positive impactNorth America is projected to foresee volume growth at a CAGR of 2.9% as a result of increasing demand for artificial sweeteners in the U.S. and Canada. Furthermore, rising awareness towards adverse effects associated with normal sugar has been promoting market growth.

Competitive Insights

Key industry participants include Roquette, Sorini, American International Foods, Archer Daniels Midland, Cargill Incorporated, Ecogreen Oleochemicals GmbH, Gulshan Polyols Ltd. and Tereos Syral. In October 2014, Cargill entered into a joint venture with Arabian Agricultural Services Company, a Saudi Arabia-based food company, to establish starches and sweeteners business in Saudi Arabia.

For More Details Visits @ https://www.millioninsights.com

Pulse Flour Market Growth to be Stimulated by Brisk Technological Expansions by 2024

Industry Insights

The global Pulse Flour Market size was estimated over USD 17 billion in 2015. Pulse flour obtained from the hull of pulses like chickpea, pea, lentils, and other legumes is gaining popularity as an essential functional food ingredient. The growing vegetarian population is driving the demand for these products in various food products. Extensive R&D for new product development coupled with government initiatives about the promotion of pulses is expected to have a positive impact on market growth over the forecast period. Pulse flour contains low-fat source, low glycemic index, and high fiber content owing to which this product exhibits many advantages over wheat flour and rice. The presence of rare elements such as potassium, selenium and sodium & nutrients is responsible for growing demand in end-use applications.

The growing incidences of diabetes and obesity have increased the importance of naturally sourced ingredients such as pulse flour as they increase the nutritive value of food. The demand for pulse flour has been on the rise owing to growing demand for gluten free foods. Gluten free foods aid in minimizing the risk of excess weight and increase energy levels. The changing lifestyles coupled with a rise in on the go eating is expected to boost the usage of pulse flour in the manufacturing of gluten-free foods.

Request Sample Copy of this Market Research @ 
https://www.millioninsights.com/industry-reports/pulse-flour-market/request-sample

Application Insights

Bakery & snacks were the largest segment in the market accounting for more than 85% of the market share in 2015. Rising awareness about consumption of healthy bakery products is anticipated to boost the consumption of pulse flour in this application segment.

Numerous private volunteer organizations and commercial food processors are working towards inclusion of pulse flour in formulations of beverages. Pulse flour demand has received a boost on account of growing application in infant formulations. It has also proven to be an effective alternative for children suffering from soy and lactose allergies.

Product Insights

In 2015, Chickpea flour products dominated the market globally by accounting over 30% share. The demand for this product is driven by its ability to control health issues such as obesity, diabetes, cancer and coronary heart disease. Lentil’s rising utilization in combination with pea flour is anticipated to boost market demand over the forecast period. Many food products are reformulated using lentil flour to reduce carbon footprint in food and to increase protein quality.

Browse Full Research Report @
https://www.millioninsights.com/industry-reports/pulse-flour-market

Regional Insights

In 2015, Europe dominated the pulse flour market globally by accounting over 25% of share in terms of revenue. North America and Asia Pacific are key consumers of beverages. Rising consumption for sports and energy drinks are expected to witness a growth over the forecast period.

The Middle East & Africa is the fastest growing region on account of growing application of pulse flour in curries, soups, tajines, and hummus. Growing food services and retail sales coupled with high population growth in the region is likely to have a positive impact over the forecast period. The growing hospitality industry is in countries such as Morocco, UAE, Israel, and Egypt is expected to further augment market demand over the forecast period.

Competitive Insights

The key players in the market are Harvest Innovations, Parakh Agro Industries Ltd., CanMar Grain Products, ADM, Ingredion Incorporated, Best Cooking Pulses Inc., Ganesh Grains Ltd, Diefenbaker Seed Processers, and AGT Food & Ingredients. Industry participants are adopting merger & acquisition and new product development strategies to strengthen their market position. In October 2014, Archer Daniels Midland Company acquired WILD Flavors GmbH in October 2014.

For More Details Visits @ https://www.millioninsights.com