Electric Motor Sales Market Production, Consumption, Revenue and Growth Rate to 2025

25 Sep 2018 –Global Electric Motor Sales Market is anticipated to reach USD 155.3 billion by 2025. Electric motors are extensively used in compressors, industrial fans, pumps, machine tools, domestic appliances, automated robots, lathe machines, HVAC applications, power tools, disk drives, and electric cars.

The factors that propel the growth of the Electric Motor Sales industry include growing demand for automobile production and power utilities along with the increase in residential and commercial infrastructure development, particularly in the emerging countries. On the other hand, there are factors that may hamper the growth of the market including high capital investments, and low adoption rate. Electric Motor Sales Market is anticipated to grow at a significant CAGR of 4.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market may be explored by type, application, voltage, output power, and geography. Electric Motor Sales industry may be explored by type as AC Motors, and DC Motors. The “AC Motors” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 owing to widespread use across application parts such as robotics and irrigation pumps.

The key applications that could be explored in the Electric Motor Market include Motor Vehicles, Industrial Machinery, HVAC Equipment, Aerospace & Transportation, Household Appliances, Others. The “Motor Vehicles” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to surge in electric vehicle manufacturing across the world.

The Electric Motor Sales industry could be explored based on Voltage as < 1 kV (Low), 1 kV–6.6 kV (Medium), and > 6.6 kV (High). The “< 1 kV (Low)” segment led the market in 2016 and is anticipated to maintain its dominance by 2025 due to rapid growth in the power sector. The market may be analyzed by output power as < 1 hp (Fractional horsepower), and > 1 hp (Integral horsepower).

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Asia-Pacific accounted for the major share of the Electric Motor Sales Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes constant surge in the manufacture of motor driven systems, such as HVAC equipment, household appliances, and industrial, in foremost nations, such as India, Singapore, China, Indonesia, and South Korea.

Some of the key players that fuel the growth of the Electric Motor Sales industry comprise Siemens AG, ABB Ltd., General Electric Company, Denso Corporation, Nidec Corporation, Allied Motion Technologies, Inc., Bosch Group, Ametek, Inc., Emerson Electric Co., Johnson Electric Holdings Limited, Hitachi, Ltd., Regal Beloit Corporation, WEG, Rockwell Automation, ARC Systems, Inc., Toshiba International Corporation, and Baldor Electric Co. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Defoamers Market Size and Growth Factors Research and Projection to 2025

25 Sep 2018 –The global Defoamers Market is estimated to touch US$ 4.4 billion by the completion of the prediction period. The market was appreciated by US$ 2.93 billion in the year 2016. Growing investment on the process of water treatment through the world has motivated the international market. Additionally, development in manufacture of paper &pulp in emerging areas of the world has powered the demand. The market estimated to develop at a CAGR of 4.7% for the duration of the prediction.

The Defoamers or else antifoaming mediators are the chemical additives that decrease and impede the development of foam in manufacturing procedures. The Defoamers market on the source of Type of Application could span Foodstuff & liquid refreshment, Agrochemicals, Paper & pulp, Water treatment, Coatings, and Others. The subdivision of Paper & Pulp is the prominent application sector of international market in the year 2016, tracked by subdivision of Coatings. The subdivision of Paper &Pulp application created about 28% stake of the entire income in the year 2016. The subdivision expected to carry on by way of the prominent sector above the prediction period.

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The subdivision of Agrochemicals expected to be the speedily developing application sector above the prediction period. Growing demand for greater price harvest together with increasing alertness between agriculturalists expected to strengthen the development of subdivision of agrochemicals. Usage of Defoamers for the duration of the manufacture and use of agrochemicals is likely to upsurge due to their practical effectiveness.

The Defoamers market on the source of Type of Product could span Silicone centered, Water centered, Oil centered, and others. The subdivision of Silicone centered Defoamers ruled the international market in the year 2016.It was responsible for a stake of over and above 38%. Paper &Pulp manufacturing has pressed the demand for silicone-centered products due to its flexibility and procedure responsiveness.

The subdivision of Water-centered Defoamers expected to observe the speedy development percentage for the duration of prediction. Conservational paybacks linked with water-centered Defoamers have powered their demand in numerous uses. It is free from hydrocarbon oil. They do not tip to the discharge of unstable carbon-based content in the atmosphere.

The Defoamers market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A, Canada and Mexico], Europe [Germany, U.K.], Asia Pacific [India, China],Central & South America [Brazil], Middle East & Africa. By the source of geography, Asia Pacific is responsible for the prominent stake of the international market. It was responsible for about 42% stake of the entire income in the year 2016. Emerging markets in this area comprising Singapore, Malaysia, Thailand, Indonesia, China and India takes proficient strong industrialized development. Developing sum of paper & pulp producers, increasing emphasis on water reprocessing, and favorable development of coatings business has pushed the development in Asia Pacific.

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Growing alertness about atmosphere in emerging nations of Asia Pacific estimated to motivate important demand for water-centered products. China expected to lead the area of Asia Pacific above the following a small number of years, due to speedy development in paper &pulp and coatings businesses.

The Asia Pacific is tracked by North America. It was responsible for a stake of over 21% of the entire income in the year 2016. The U.S.A. was the foremost end user in North America, tracked by Canada. Prerequisite for high-class products in end-user businesses together with strict ecological rules was the important tendency predominant in North America. Water-centered Defoamers considered the biggest product subdivision in North America, due to its ecological compensations. Europe estimated to show a lethargic development above the prediction period due to advanced tendency in most important end-user businesses.

The statement revises Trades in terms of intake of Defoamers in the market; particularly in North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Evonik Industries AG, Air Products and Chemicals Inc., Shin Etsu Chemical Co., Ltd, Wacker Chemie AG, BASF SE, Ashland Inc., Dow Corning Corp, Kemira Oyj, and Applied Material Solutions.

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Cartilage Repair/Regeneration Market Region, Manufacturers, Product and End Users to 2025

25 Sep 2018 –The global Cartilage Repair/Regeneration Market size is expected to value at USD 6.7 billion by 2025. The market is subject to witness a substantial growth due to the increasing occurrence of bone and joint related diseases such as Osteoarthritis (OA) and arthritis, and recent technological advancements in cartilage regeneration. Growing geriatric population in across the globe, is susceptible towards Osteoarthritis (OA) and arthritis due to weakened bone structure. This in return is expected to fuel the growth of cartilage repair/regeneration industry over the forecast period.

Additionally, change in food patterns leading to obesity is considered as one of the prominent factor associated with market growth, in the recent years. Globally, the cartilage repair/regeneration market is predicted to grow at CAGR of 5.4% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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Growing prevalence of diabetes is considered as one of the critical factors driving the growth of cartilage regeneration industry, in recent years. Diabetes causes loss of cartilage leading to weakened bone structure which requires replacement of the cartilage or regeneration. Additionally, growing prevalence of obesity in various region across the globe is predicted to drive the growth of the market in upcoming years. The American Heart Association (AHA) has reported that the global geriatric population is expected to account for approximately twenty percent of global population in next two decades. The geriatric population is extremely susceptible to chronic diseases and is predicted to be a critical factor in driving the demand for cartilage repair procedures, thus escalating market growth in the last few years.

Increase in number of road accidents and sports-related injuries across the globe, leading to bone and joint injuries is expected to amplify the demand for cartilage repair procedures in upcoming years. The recent technological advancements in cartilage repair and regeneration procedures coupled with inception of new techniques in the market is prompting adoption of cartilage repair and regeneration procedures in the recent years. Sports injuries are one of the prominent driver for increasing adoption of cartilage repair procedures. Sports such as bicycling, skating, and skateboarding are major sources of sports related injuries.

The cartilage repair market is divided into two major types based on treatment modalities such as cell-based treatment and non-cell-based treatment. Cell-based treatment is considered as one of the fastest growing segment in the market with substantial revenue generation in the last couple of years. Growing popularity of the cell-based treatments are expected to provide lucrative growth opportunities for industry players.

Development of autologous chondrocyte transplants in surgical treatment of damaged articular cartilage including chondral and osteo-chondral lesions has led to growing demand for cartilage repair and regeneration procedures. The non-cell-based segment has also witnessed substantial growth due to lower cost and superior outcomes. The non-cell-based segment is further divided into tissue scaffolds and cell-free composites.

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The cartilage repair is classified into palliative and intrinsic repair stimulus. Introduction of advanced treatment methodologies such as visco-supplementation and debridement & lavage procedure are expected to drive demand of palliative repair treatments. Visco-supplement requires injecting of hyaluronic acid onto a joint to isolate and separate synovial fluid during surgical procedure for Osteoarthritis (OA) disorders.

The cartilage regeneration industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to rising occurrence of musculoskeletal diseases, growing patient’s pool, and changing lifestyle among individuals. Asia-Pacific region is predicted to hold major market share in the cartilage regeneration market with massive growth in forecast period.

Countries such as India, Australia, China and New Zealand are leading the Asia-Pacific market with growing geriatric population, increasing healthcare expenditure, and significant investment by leading industry players considering potential opportunities in the region. The key players in the cartilage repair/regeneration industry are Zimmer Biomet Holdings, Inc., Stryker Co., DePuySynthes, Inc., Smith & Nephew plc, Vericel Co., Osiris Therapeutics Incorporations, B. Braun Melsungen AG, Anika Therapeutics Incorporations, Arthrex, Incorporations, and Collagen Solutions Plc.

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Virtual Reality (VR) Industry Growth with CAGR in Forecast to 2025

25 Sep 2018 –Global Virtual Reality (VR) Market is anticipated to reach USD 48.5 billion by 2025. Virtual reality implies a computer technology that creates a stimulating environment by allowing the user to experience 3D world. With the help of sensor and motion tracking devices, the user is provided some level of control. “CAVE” automatic virtual environments display virtual content onto room-sized screens.

The factors that propel the growth of the market include saturation of technology across the many businesses such as healthcare, retail, automotive, and e-commerce, rising investment by global companies, and increasing usage of tablets, smartphone, mobile phone. On the other hand, the factors that may hamper the growth of the market include high investment cost. Virtual Reality Market is anticipated to grow at a significant CAGR of 46.7% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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The market may be explored by product type, device, component, technology, application, and geography. Virtual Reality (VR) industry may be explored by product type as Mobile Devices, Personal Computers (PCs), Gaming Consoles, and others. The “Personal Computers (PCs)” segment led the largest share of the market and is anticipated to maintain the overall market in the forecast period. This is mainly due to the acceptance by a huge population. In addition, it gives a fascinating gaming experience offered by PC-based gaming combined with VR.

The Virtual Reality industry could be explored based on device as Gesture Tracking Devices (GTD), Projectors & Display Walls (PDW), and Head-Mounted Display (HMD). The “Head-Mounted Display (HMD)” segment led the Market in 2016 and is anticipated to maintain its dominance by 2025 owing to growing penetration of imminent Internet of Things (IoT) and Smartphones revolution, and technological development. The market may be analyzed by component as Software, and Hardware. Also, the market may be analyzed by technology as Non-Immersive, and Semi & Fully Immersive.

The key applications that could be explored in the Virtual Reality (VR) Market include Travel and Tourism, Games, Healthcare and Wellness, Entertainment, and others. The “Gaming” segment led the Virtual Reality (VR) industry in 2016 and is anticipated to maintain its dominance by 2025 owing to huge demand of Virtual Reality technology by the gaming industry and use of advanced gaming technology that gives players an experience of playing games live.

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North America accounted for the major share of the Virtual Reality (VR) Market Size in 2015 and will continue to lead in the forecast period. On the other hand, Asia Pacific region is anticipated to grow at the highest CAGR from 2017 to 2025 due to launch and development of advanced VR headsets targeted mainly for the gaming community. China, India, and Southeast Asia are the major consumer of (VR) Market. This is mainly due to high demand in developing countries.

Some of the key players that fuel the growth of the Virtual Reality (VR) industry comprise Oculus VR LLC, Barco, CyberGlove Systems LLC, Alphabet, Inc., Leap Motion, Inc, and HTC Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Printed Tape Market Analysis By Development Trend, Key Players & Investment Feasibility

25 Sep 2018 –Global Printed Tape Market is expected to reach USD 39.79 billion by 2025. Printed tape is formed from flexography printing process. These products frequently feature a synthetic or natural adhesive and pressure sensitive backing. These tapes are used as label indicators, marketing and branding tools, and as safety tapes. The Printed Tape Market is estimated to grow at a significant CAGR of 5.8% over the forecast period as the scope and its applications are rising enormously across the globe.

Rising use of enhanced technology, growing packaging printing industry, and high demand for aesthetic appeal are documented as major factors of Printed Tapes Market that are estimated to enhance the growth in the years to come. However, rising demand for high quality printing at low cost by obeying government laws are the factors that may restrain overall market in the coming years. Printed Tape industry is segmented based on type, mechanism, material, printing ink, end user, and region.

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Natural rubber carton sealing tape, hot melt carton sealing tape, and acrylic carton sealing tape are the product types that could be explored in Printed Tape in the forecast period. Gravure, Flexography, Screen printing, Lithography, Digital printing, and other mechanisms that could be explored in the forecast period. The other sector comprises offset and letterpress. Digital printing sector is estimated to lead the overall market with substantial market share in the forecast period. This may be because of its efficiency to provide cost-efficient and enhanced quality solution for producing printed tapes with the reprocessing choices.

Various material used to make printed tape may include Polyvinyl chloride, Polypropylene, and others that could be explored in the forecast period. Polypropylene accounted for the substantial market share of printing inks and is estimated to continue its dominance in the coming years. Solvent-based ink, Water-based ink, UV-curable ink, and other printing inks could be explored in Printed Tape in the forecast period.

The market may be categorized based on end users like transportation & logistics, food & beverages, consumer durables, and others like cosmetics & toiletries, construction, and healthcare that could be explored in forecast period. Food and beverages sector accounted for the substantial market share of Printed Tape and is estimated to lead the overall market in the coming years. This may be because of high demand of innovative printing and packaging technology. Also, the consumer durables sector is estimated to grow at fastest pace in the coming years. Instead, Europe and North America are also estimated to have a positive influence on the future growth.

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Globally, Asia Pacific accounted for the substantial market share of Printed Tape and is estimated to lead the overall market in the coming years. The reason behind the overall market share could be presence of buyers and suppliers in developing countries like India and China and rising export-import and transportation activities.

The key players of Printed Tape Market are SIAT S.P.A, Quad/Graphics, RR Donnelley & Sons, Hewlett-Packard Development Company, E.I. du Pont de Nemours and Company, and Xerox Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Wood Adhesives Market Demand, Trend, Key Players Review and Business Prospect, 2025

24 Sep 2018 – Global Wood Adhesives Market is expected to reach USD 6.18 billion by 2025. Wood adhesives are also termed as wood glue that strongly bonds sections of wood together by means of surface attachments. It plays important role in converting all sizes and types of wood into functional products. The adhesives increase the stiffness and resistant strength of the composite sheet. The Wood Adhesives Market is estimated to grow at a significant CAGR of 4.5 % over the forecast period as the scope and its applications are rising enormously across the globe.

Growth in renovation and refurbishing activities, development of the construction, furniture, and woodworking activities, and growing urban populace are documented as major factors of Wood Adhesives Market that are estimated to enhance the growth in the years to come. However, presence of alternatives and strict environmental policy may restrain overall market growth in the coming years. Wood Adhesives industry is segmented based on resin type, technology, application, and region.

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Natural resin adhesives, hot melt adhesives, casein, polyvinyl acetates, blood aluminum glue, resorcinol and phenol-resorcinol formaldehyde, starch-based, phenol formaldehyde, protein-based, melamine formaldehyde, synthetic resin adhesives, epoxy, and urea formaldehyde are the resin types that could be explored in Wood Adhesives in the forecast period.

Synthetic resin adhesive sector accounted for the substantial market share of Wood Adhesives in 2016 and is estimated to lead the overall market in the coming years. This may be because of its extraordinary properties like consumer friendly usage and rapid curing. It is exclusively used in cabinets, furniture, plywood, and flooring.

The enhanced technologies used in Wood Adhesives are solvent less, solvent-based, water-based, and others that could be explored in the forecast period. The market may be categorized based on applications like windows & doors, furniture, cabinet, plywood, flooring & decks, particle board, and others like wooden toys, marine, ceilings, tile board, sidings, and shutters that could be explored in the forecast period. Furniture sector accounted for the substantial market share of Wood Adhesives and is estimated remain dominant in the coming years. This may be because of growing urbanization in ASEAN countries.

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Globally, Asia Pacific accounted for the substantial market share of Wood Adhesives in terms of value and volume and is estimated to lead the overall market in the coming years. The reason behind the overall market share could be rising activities like woodworking, new construction, and housing projects, presence of key manufacturers, rise in export activities, and growing furniture manufacturing business. The developing countries like India and China are the major consumers of Wood Adhesives in this region.

Europe and North America are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. This may be because of higher expenditure on refurbishment & renovation activities. However, Europe is estimated to grow at fastest pace with the highest CAGR in the foremost period.

The key players of Wood Adhesives Market are Pidilite Industries, Henkel AG & Co. KGaA, AkzoNobel N.V., 3M Company, Ashland Inc., Bostik SA, Sika AG, and H.B. Fuller. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Synthetic Leather Market Product Analysis & Regional Analysis From 2014 to 2025

24 Sep 2018 – Global Synthetic Leather Market is expected to reach USD 85.05 billion by 2025. Synthetic leather is also termed as an artificial leather or rexine, leatherette, or faux leather is manufactured using polyurethane (PU) or PVC, which is treated and dyed to look like real leather. It is versatile leather made from tanned animal hides. It is exclusively used in fashion industries for products like wallets, shoes, luggage, jackets, sofas and electronic cases, and car interiors. It is cost efficient, strong, and stain resistant. The Synthetic Leather Market is estimated to grow at a significant CAGR of 9.5% over the forecast period as the scope and its applications are rising enormously across the globe.

Rising demand for lightweight leather in automobile industry, changing lifestyle as increasing number of passenger cars, growing demand for luxurious goods, and increasing population in developing countries like India and China are documented as major factors of Synthetic Leather Market that are estimated to enhance the growth in the years to come. However, harmful effects of PVC and PU processing on human health and environment may restrain overall market in the coming years. Synthetic Leather industry is segmented based on type, end-user, and region.

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Bio-based, PU-based, and PVC-based are the types that could be explored in Synthetic Leather in the forecast period. PU-based sector accounted for the largest market share of Synthetic Leather and is estimated to lead the overall market in the coming years. Also, the sector is estimated to grow at highest CAGR in the coming years. This may be because of high demand from developed countries like Europe and North America and rising fashion and automotive industries.

The market may be categorized based on end users like bags, purses & wallets, footwear, clothing, furnishing, automotive, and others that could be explored in the forecast period. Footwear accounted for the substantial market share of Synthetic Leather and is estimated to lead the overall market in the coming years. This may be because of changing lifestyle, varying climatic conditions, and rising disposable income.

Globally, Asia Pacific accounted for the substantial market share of Synthetic Leather in terms of value and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be enhanced technological innovations and presence of key manufacturers in the region. The developing countries like India and China are the major consumers of Synthetic Leather in the region.

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Instead, Europe and North America are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, North America is estimated to grow at fastest pace with the highest CAGR in the foremost period.

The key players of Synthetic Leather Market are San Fang Chemicals, Kuraray, Filwel, Tejin, MayurUniquoters, Toray, Favini, Daewon Chemicals, Alflatex, and HR Polycoats. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Saffron Market Dynamics, Forecast, Analysis and Supply Demand 2014–2025

24 Sep 2018 – The global Saffron Market is expected to grow at a CAGR of 12.0% by 2025; thereby crossing USD 2 billion within the specified timeframe. Saffron is grown in Mediterranean environment having cool to chilly winters with warm and dry summers followed by little or no rainfall. It even withstands -100C and could be grown in chilly winters. The cultivation is highly dependent on corn size and density and planted in summers. Corn size leaves a significant impact on production of new offspring, hence larger the corn, larger is the daughter corn that particularly raises the potential for higher yield in following years.

Saffron market is driven by factors such as increase in demand from medical and cosmetic sector on accounts of its popularity and usage as a health supplement. Rise in popularity of saffron use in cosmetics adds to the market growth. Saffron is significantly used in treatment of asthma, dry skin, and whooping cough, which again marks its commercial importance.

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The saffron industry is segmented on the basis of application such as food, cosmetics, and medical. Food accounts as a large segment contributing to the market growth. It is largely used as a food ingredient in dairy and confectionary industry to add essence to the taste of food. On the other hand, widening scope of food sector is likely to open new horizons for use of saffron in food.

“Medical” segment is expected to gain a substantial share in the market growth due to significant effects of saffron for dry skin and cough. “Cosmetic” segment will demonstrate a rise in CAGR due to increase in use of saffron for in face gels, for stretch marks, and also as an anticonvulsant gel.

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Geographical analysis for saffron market includes North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. Asia-Pacific’s saffron industry dominates the global scenario due to rise in saffron production, import and export, and growth in consumer demand. North American and European markets are expected to gain a significant CAGR in the forecast period due to increase in use of saffron for medical and cosmetics. Prominent players in the saffron market include Gohar Saffron, Rowhani Saffron Co, Iran Saffron Company and Saffron Business Co.

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Revenue Cycle Management (RCM) Market Growth, Supply Demand and Analysis By Types 2014-2025

24 Sep 2018 – The global Revenue Cycle Management (RCM) Market is estimated to touch US$ 65.2 Billion by the completion of the year 2025. The Revenue Cycle Management industry was appreciated at US$ 23.6 billion in the year 2016. The boost in workflow in healthcare amenities and improvement of in time administration systems are likely to provide development of the Revenue Cycle Management market over the prediction period. The market estimated to develop at a CAGR of 12.0% for the duration of the prediction.

Additionally, outline of controlling modifications and re-organization of a number of products inside the organization of healthcare expected to mark administration of these assets compound. This expected to generate greater demand for Revenue Cycle Management facilities; such as, a number of healthcare suppliers are presently trying to invent an equilibrium between the price centered care model and the old-style model. Their labors have prepared ground breaking alterations in tendencies for example growing the capacity of subcontracting and mechanization of healthcare organization.The Revenue Cycle Management on the source of Type of End Use could span Analytical Test center, Medical doctor work place, Hospitals, and Others. The sub division of Medical doctor work place, ruled the Revenue Cycle Management’ s division of end-use, by grabbing the market stake of more than 40.0% in the year 2016.

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As per the information of experts, mainstream of the medical doctor propose healthcare services over small practices or independently retained private clinics, within the U.S. Likewise, the subdivision of Hospital network expected to observe productive development above the prediction period. Nations for example U.S.A., China, India, Vietnam, Egypt and Brazil are between the speedily developing suppliers of hospital-centered healthcare.

The Revenue Cycle Management industry on the source of Type of Distribution Method could span Cloud- Centered, On-Premise, Web-Centered. The Cloud- Centered resolutions expected to observe the speedy development above the prediction period. Greater ease of access and increasing implementation of incorporated organizations are important motivators for the cloud-centered method. Such as, the mainstream of the new-fangled software or advanced forms launched on cloud-centered platforms.

The Revenue Cycle Management market on the source of Type could span Standalone, Integrated. It is expected that integrated software might perhaps observe speedy development, above the period of prediction. Credit this to many factors for example increasing sum of hospitals in developing countries, greater competence & price suppression obtainable by integrated software, restructuring of the managerial hard work, and progress of a smaller amount composite combined resolutions.

The Revenue Cycle Management industry on the source of Type of Product could span Services, Software. Due to the increase of IT sector for the duration of the past period, a number of software have been set up in many amenities and observed a stable demand, in that way ruling in mainstream of the areas, after the year 2016.Yet, the subdivision of services expected to experience speedy development above the prediction period, owing to the growing tendency of subcontracting of such facilities.

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The Revenue Cycle Management on the source of Area with respect to Trades in terms of intake, Profits, Market stake, and Development percentage in these areas, for the duration of the prediction could span North America [U.S., Canada], Europe [France, Spain, Germany, U.K., Italy], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East and Africa [Saudi Arabia, South Africa].

By the source of geography, North America tops the Revenue Cycle Management market. Their supremacy is likely to keep up above the prediction period. This credited to the circumstance that from 2016, the Revenue Cycle Management industry for the U.S.A. was motivated by medical doctor place of work, but during the prediction period, the sum of hospitals inside the area expected to raise. Additional issues moving development consist of growing funds in the direction of substructure construction, developing companies by way of progressive expertise, and domination of end-users.

The statement revises Trades in terms of intake of Revenue Cycle Management in the market; particularly in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Care Cloud Corporation, Epic Systems Corporation, McKesson Corporation, All scripts Health Solutions, NextGen Healthcare Information Solution LLC, The SSI Group, LLC, Cerner Corporation, Athena health, and Quest Diagnostics.

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Pressure Monitoring Market Opportunities, Analysis of Top Key Player and Forecast to 2025

24 Sep 2018 – Global Pressure Monitoring Market is estimated to reach USD 11.9 billion by 2025 owing to the increasing pressure fluctuations occurring in important body parts that lead to chronic disorders like glaucoma, respiratory disorders, and cardiac disorders. Blood pressure measurement is important in the diagnosing and monitoring multiple clinical conditions. It is measured with auscultatory technique (a non-invasive technique).

The pressure in the cuff is then measured with the help of sphygmomanometer (also known as a blood pressure monitor, blood pressure meter, or blood pressure gauge). Pressure monitoring industry presents a favorable approach for monitoring different types of pressures in various body parts. It is extremely crucial in identifying diverse health issues of a patient. The major pressure fluctuations in important body parts may cause several chronic and acute disorders like cardiac arrest, diabetes, and glaucoma. The demand for pressure monitoring instruments is predicted to increase in the forecast period since they help early diagnosis of a patient’s deteriorating health condition. Additionally, the enhanced blood pressure monitoring instruments are essentially designed for subjective use which help to record patient’s health status remotely.

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Patients dealing with lifestyle disorders are expected to suffer from hypertension throughout their life. Therefore, the need for pressure monitoring among these type of patients is increasing, which also increases the need for pressure monitoring instruments. The increasing aging population is yet another significant driver encouraging the growth of pressure monitoring market. The geriatric population normally suffer from hypertension and are prone to chronic disorders. This age group mostly experiences respiratory & cardiac diseases and is predicted to contribute highly toward the growth of the market in the coming years.

Technological modernizations are also fueling the growth of the market due to the emergence of novel pressure monitoring instruments. Most products are adeptly connected to smartphones and wrist-watches that self-record their blood pressure easily. Moreover, the other major players in the pressure monitoring industry are focusing on manufacturing instruments that measure intraocular pressure for the reducing the risk of glaucoma. Major manufacturers from pressure monitoring market have resorted to new product launch as their progressive strategy to carve a niche for themselves. This has proved beneficial for the healthcare centers to present vital symptoms of data directly from root automatically that reinforces the manufacturer’s portfolio of patient monitoring instruments.

Pressure monitoring industry is categorized on the basis of product type, end-users, application, and geography. On the basis of product type, the market is divided into digital Blood Pressure monitors, android blood pressure monitors, blood pressure instrument accessories, and ambulatory blood pressure monitors.

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On the basis of end-users, the market is divided into hospitals, home care settings, ASCs/clinics, diagnostic centers, and others. In terms of application, the market is classified into Respiratory, Glaucoma, and Dialysis. Geographically, pressure monitoring market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America followed by Asia Pacific is expected to hold a larger share of the market in the forecast period.

The prominent pressure monitoring industry players mentioned here comprise Contec Medical Systems Co., A&D Company, Limited, Ltd., Halma plc, Hill-Rom Holdings, Inc., Masimo Corporation, General Electric Company, Nihon Kohden Corporation, Smiths Group Plc., Koninklijke Philips N.V., and Omron Corporation.

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Medical Plastic Market Analysis & Opportunities, Share, Data Forecast 2025

21 Sep 2018 – The global Medical Plastics Market size is expected to value at USD 33.6 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for sterilized plastics form healthcare sector. Implementation and upgradation of infection prevention standards is one of the critical factors responsible for the growth of medical plastics industry of late.

The other factors such as rise in the number of surgical, hospital, and outpatient procedures are expected to boost the market growth over the forecast period. Globally, the medical plastics market is predicted to grow at CAGR of 5.7% in forecast period, providing numerous opportunities for market players to invest in research and development in the market.

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However, changes in prices of crude oil are considered as critical factors responsible for variations in the cost of materials like polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), and polystyrene, thereby largely affecting market expansion during the forecast period. Additionally, increasing production in the Chinese market is predicted to fuel the price of raw material. Such factors are expected to negatively hamper market growth in the years to come. Yet, rising healthcare expenditure by local governments and growing preference toward adoption of medical plastic by various clinics and healthcare professionals is predicted to boost market growth in the years to come. Furthermore, rising competition in the market is responsible for the development of innovative products, thus leading to market expansion.

Development of advanced grade plastics and their use in the healthcare sector is predicted to drive the growth of medical plastic industry in near future. Medical plastics are extensively integrated through-out supply chain network in healthcare sector. Growing adoption of the advanced grade plastics in all four stages in the supply chain network including end-use products that are largely utilized used by the governmental clinics, number of medical institutions & facilities, and private clinics, are predicted to amplify the growth of medical plastics market over the forecast period.

Rise in the per capita income in both - developed and developing economies is likely to boost demand of the medical plastics in coming years. Medical plastics are known for their enhanced product quality and cost-effectiveness, particularly in comparison with their counterparts, leading to growing demand for the product. Higher production rate and easy availability of medical plastics are expected to drive market demand in next decade. Increasing adoption of thermoforming polypropylene by pharmaceutical companies is attributed to factors such as high strength packaging and higher impact resistance for the packaged products. Other advantages of the thermoforming polypropylene include high durability and sanitization, thus escalating market demand, in the recent years.

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The integration of plastic into modern medicine has gradually risen over the past decade. Medical plastics have substantially reduced medicine costs, and pain management. Advanced polymers are increasingly adopted to manufacture new and enhanced artificial limbs. Such polymers are vital for production of plastic disposable delivery devices that are critical in limiting the risk of infection to patients. Medical plastics directly affect patient’s health condition, thus saving more lives with their prolonged use.

The medical plastics industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of the latest technologies in medicine and pharmaceutical sector and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the medical plastic market with massive growth in forecast period.

Countries such as India, China, and Japan are leading the Asia-Pacific’s market with rise in the healthcare spending, increase in incidences of lifestyle disorders and diseases, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the medical plastics industry are Celanese Co., Eastman Chemical Co., Spectrum Plastics Group, Emco Industrial Plastics, Inc., Ensinger GmbH, Connecticut Plastics Co., and Dow Chemical Co.

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Liquid Nitrogen Market Opportunities & Investment Research Report 2014-2025

21 Sep 2018 – The global Liquid Nitrogen Market size is expected to value at USD 21.3 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for liquid nitrogen in oil & gas sector and electronic devices market. Rise in the number of industry players that are strictly implementing environmental health and safety measure regulated by various governmental authorities to handle liquid nitrogen is expected to drive the growth of the market over the forecast period. Globally, the liquid nitrogen market is predicted to grow at CAGR of 4.4% in the forecast period, providing numerous opportunities for market players to invest in research and development in the market.

Increase in number of chemical and metal manufacturers in both - developed and developing economies across the globe are offering a lucrative opportunity for liquid nitrogen manufacturers to generate large revenue over the upcoming period. Additionally, rise in the use of the liquid nitrogen by electronics manufacturers for cooling of electronic devices during various manufacturing processes is expected to boost market demand of the liquid manufactures in the upcoming years.

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Increasing adoption of liquid nitrogen as a coolant and refrigerant by a number of end-user industries like pharmaceutical, metal fabrication, and frozen food sector are anticipated to drive the growth of liquid nitrogen industry over the forecast period. Other applications of the liquid nitrogen extends to food & beverages sector, rubber & plastic manufacturing, automobile sector, electronics devices market, healthcare sector, and construction & building industry.

Cryogenic distillation is considered as one of the fastest growing segments in the liquid nitrogen market with substantial revenue generation in the last couple of years. Growing popularity of the cryogenic distillation is attributed to its cost-effectiveness and high performance during production industrial gases such as nitrogen, argon, and oxygen.

The other factors spurring the demand for cryogenic distillation is increasing utilization in the fabrication of semiconductor devices. Cryogenic distillation is broadly adopted during the production of liquefied industrial gases because of the factors such as low initial investment and few utility requirements. Moreover, development of the latest techniques by prominent industry players for purification of gases at low temperatures with help of cryogenic distillation technology, is augmenting market growth of liquid nitrogen, in the recent years. Applications of cryogenic distillation techniques involve purification of industrial gases such as argon, oxygen, carbon monoxide, and light nitrogen.

In addition, pressure swing adsorption (PSA) technology has witnessed substantial growth with a significant CAGR over the forecast period. Pressure swing adsorption (PSA) technology offers air separation for industrial gases without requiring liquefaction. Increasing demand for pressure swing technology due to factors such as lower operational cost and enhanced capabilities is predicted to elevate market demand for the pressure swing adsorption (PSA) in the upcoming period.

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Substantial investment by leading industry players in research & development for the liquid nitrogen technologies is leading development of innovative products. These factors are critical for sustaining the growth of liquid nitrogen industry during the forecast period. The liquid nitrogen market is divided by regions such as North America, Europe, Asia-Pacific, Latin America and Africa.

North America has shown major growth in recent years owing to the rise in the adoption of latest technologies, increase in the developmental activities, presence of large number of manufactures & suppliers, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold the major market share in the liquid nitrogen industry with massive growth in forecast period. Countries such as India, China, and Japan are leading the Asia-Pacific’s market with strong economic growth in the region, ever-growing population, rising living standards, and significant investment by leading industry players considering potential growth opportunities in the market.

The key players in the liquid nitrogen industry are Air Liquide S.A., The Linde Group, Praxair Incorporations, Air Products & Chemicals Incorporations, Taiyo Nippon Sanso Co., Messer Group Co., Emirates Industrial Gases Corporations, Gulf Cryo Co., Southern Industrial Gas BerhadSdn. Bhd., and Nexair LLC.

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Infection Control Market Analysis & Opportunities-Market Data Forecast 2025

21 Sep 2018 – Global Infection Control Market is expected to reach USD 258.3 billion by 2025. Infection control is termed as a process to avert the spreading of communicable diseases in all healthcare settings like animal or human healthcare and hospitals facilities. The key role if infection control is to reduce the incidence of infectious diseases. These diseases are mainly caused by viruses or bacteria and can be spread by airborne transmission of infectious agents, human-to-human contact, human contact with an infected surface, and animal to human contact. The Infection Control Market is estimated to grow at a significant CAGR of 6.2% over the forecast period as the scope and its applications are rising enormously across the globe.

Growing occurrence of chronic diseases and hospital-acquired infections, high demand for disinfection and sterilization products among medical device manufacturers, pharmaceutical industries and hospitals, increasing focus on disinfection and food sterilization, and rising number of surgical procedures are documented as major factors of Infection Control Market that are estimated to enhance the growth in the years to come.

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However, strict regulations for service providers and equipment manufacturers and anxiety about the safety of reprocessed instruments are the factors that may restrain overall market growth in the coming years. Infection Control industry is segmented based on type, formulation, end users, and region. Sterilization and disinfection are the types that could be explored in Infection Control in the forecast period. Sterilization wraps, disinfectant wipes, surgical drapes, disinfectant liquids, UV ray disinfectors, medical nonwovens, endoscope tracking systems, facemasks, flusher disinfectors, and other formulations could be explored in Infection Control in the forecast period.

The market may be categorized based on end users like food industry, hospitals & clinics, pharmaceutical companies, life sciences industry, medical device companies, and others could be explored in the forecast period. Hospital and clinics sector accounted for the substantial market share of Infection Control and is estimated to continue its dominance in the coming years. This may be because of rising rate of nosocomial infections and developing healthcare infrastructure in Asia Pacific.

Globally, North America accounted for the substantial market share of Infection Control and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be growing occurrence of chronic diseases, rising cost burden as growing geriatric population, increasing strength of industry competitiveness, and increasing number of surgeries performed in the U.S. The United States is a major consumer of Infection Control in the region.

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Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing occurrence of hospital acquired infections (HAIs), developing healthcare infrastructure, and growth in medical tourism in developing countries like India and China.

The key players of Infection Control Market are Pal International, STERIS, Advanced Sterilization Products, Getinge, 3M Company, Ecolab, Cantel Medical, Reckitt Benckiser, Sotera Health, Metrex Research, Matachana, Halyard Health, and Belimed AG. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.

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Well Intervention Market Trends, Scope and Driver Analysis by 2014-2025

21 Sep 2018 – Global Well Intervention Market is anticipated to reach USD 17.76 billion by 2025. Well Interventions are used to avoid unexpected glitches in oil and gas wells. They securely clean and remove debris from preserved streams. Also, they perform harmless and operative plug and render abandonment at the end of the well’s commercial life.

The factors that propel the growth of the Well Intervention industry include revitalization of aging fields/wells and surge in oil & gas industry, upsurge in global energy demand, growing attention on renewable energy. On the other hand, the factors that may hamper the development of the market include stringent management regulations on E&P (exploration & production) activity. Well Intervention Market is anticipated to grow at a significant CAGR of 4.2% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

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Well Intervention industry may be explored by service type, application, and geography. The market may be explored by service type as Re-Perforation, Tubing/Packer Failure & Repair, Stimulation, Logging & Bottom Hole Survey, Zonal Isolation, Remedial Cementing, Sand Control Services, Fishing, Artificial Lift, etc. The “Logging And Bottom hole” segment led the Well Intervention Market in 2016 and is anticipated to maintain its dominance by 2025 owing to shale gas production and revolution of oil & gas from shale investments in the country, development in the emerging nations of the region, such as India and China, due to surge in oil & gas manufacturing actions in these nations and increase in energy demand.

The key applications that could be explored in the market include Off shore and onshore. The “Onshore” segment led the Well Intervention industry and accounted for 65.5% of the total market revenue in 2016 owing to renewal of aging onshore well/field. North America accounted for the major share of the Well Intervention Market Size in 2016 and will continue to lead in the forthcoming period. The factors that could be attributed to the growth include increase in exploitation of unconventional reserves, quest for finding potential untapped oil and gas investments, growing offshore drilling activities in the Gulf of Mexico, and ongoing shale gas revolution.

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Some of the key players that fuel the growth of the Well Intervention industry comprise Deepwell AS,HELIX ESG, Schlumberger Limited, GE, Oceaneering International, Inc., Halliburton, Hunting Energy Services, Expro Group, Weatherford International Plc., and National Oilwell Varco. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Customer Relationship Management (CRM) Market Research Methodology and Data Analysis by 2014-2025

21 Sep 2018 – The global Customer Relationship Management (CRM) Market is expected to cross USD 81.9 billion by 2025. “Customer relationship management” or “CRM” is a term coined to describe the functioning of business and customer interaction. It does not only store the customer’s profile and attributes, but also entails a higher technology to accumulate the premium resources needed to provide enhanced support and services to customers. CRM has now become a prominent source of displaying professionalism before customers and mainly involves information technology to channelize marketing strategies.

The primary aim of CRM is to gather and retain consumers by offering them optimum value in several ways, which even include business communication, product channels, price, promotion and place of distribution. It thus brings together, the customer lifecycle management, technology, and business process.

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Customer relationship management (CRM) industry is driven by rise in use of CRM software for sales & marketing and services & support. The CRM software enables rise in focus on social media platforms and acknowledges the concept of sharing in real time. CRM is not only restricted to increase the sales number and enhancing marketing activities, but it engages customer management with enterprises. In addition, the customer relationship management (CRM) is driven by rise in supply chain and logistics with increase in focus on improving business functions.

Deployment segment for customer relationship management market includes on premise and cloud. On-premise segment accounts for a higher share in the forecast period owing to rise in deployment. Enterprise segment for customer relationship management (CRM) industry includes small and medium businesses and large enterprises. Medium and large enterprises account for a higher share in the market growth due to rise in preference for enterprise CRM solutions. Application segment for customer relationship management (CRM) market includes BFSI, healthcare, telecom and IT, retail, discrete manufacturing, government & education.

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Geographical segment for customer relationship management industry includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America market is anticipated to rise at a significant CAGR in the forthcoming period owing to small, big and large enterprises. European region rather shows a slow growth in the forecast period due to low significance of IT projects and funding.

Asia-Pacific’s market encounters a higher growth in the forecast period due to rise in demand in these regions, along with rise in business scope, customer pool and increasing number of start-ups. Middle East regions are likely to have a higher CAGR in the forthcoming period due to rise in awareness for CRM solutions and inclination towards technological upgrade. Prominent players in the customer relationship management market include Adobe, Saleforce.com. SAP, Microsoft and Oracle.

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Blood Culture Test Market Driver Analysis and Dynamics Forecast by 2014-2025

20 Sep 2018 – Global Blood Culture Test Market is projected to reach USD 6.6 billion by 2025 owing to prevalence of blood infections and infectious diseases. Blood culture is a laboratory test wherein the patient’s blood is injected in bottles that contain culture media to determine the existence of infection-producing microorganisms like fungi or bacteria in the patient’s blood. It aims at confirming the existence of microorganisms in the blood, identifying the microbial etiology of the blood infection, helping to determine the infection source like endocarditis, and providing an organism for suspicion of testing and optimization of antimicrobial therapy. This test examines a sample of patient’s blood for yeast or bacteria that might be the root cause of infection. However, the growing demand for enhanced diagnostic techniques for the diagnosis of infectious diseases is expected to boost the blood culture tests market with a CAGR of 8.6%.

The blood infection, if left undetected, may lead to a severe and fatal condition called sepsis. The symptoms of bacteremia or initial bacterial infection are moderate or high fever, breathlessness, chills, muscular pain, palpitations, headache, tachycardia, and nausea. With the growth of infection, the indications also get serious; which may include dehydration, mottled skin, dizziness, confusion, drop in blood pressure, swelling, and organ failure.

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Though blood samples are used for the detection of virus in blood, blood culture is essentially used to detect fungi or bacteria. Blood culture test is mostly done in combination with the other diagnostic tests like CBC (complete blood count) or the other chemical analysis. Different techniques like manual/conventional, automated and semi-automated methods could also be used to conduct blood culture test.

New product inventions, numerous regulatory approvals, rising sepsis conditions, growing number of infections in blood, increasing research & development of novel testing instruments and increasing number of adoptions for rapid diagnostic techniques are some factors that are bound to fuel blood culture test industry in the years to come. Additionally, the increasing elderly population and predominance of infectious disorders are the rest of key factors for the growth of the market.

However, costly automated instruments and shortage of skilled laboratory technicians are hampering the blood culture test market growth. Nevertheless, rising investments in Research & Development programs and increasing private and public healthcare expenditure are estimated to drive the market in the forecast period.

Blood culture test industry is categorized on the basis of method, product, application, end-user and geography. In terms of method, the market is divided into manual, conventional, and automated method. Based on product, the market is divided into instruments, consumables, and software & services.

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Consumables could be further classified into culture media type, kits, accessories, and reagents. In terms of application, blood culture tests industry is divided into fungemia, bacteremia, and mycobacterial. On the basis of end-users, the market is divided into academic research laboratories, independent diagnostic laboratories, hospital laboratories, etc.

Geographically, blood culture test market is segmented as North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Europe and North America are predicted to dominate the market due to high spending power over healthcare. Asia Pacific is also expected to hold larger share in near future owing to the growing demand for blood culture tests from emerging nations.

The prominent blood culture test industry players profiled here are Abbott Laboratories, Bruker Corporation, Bayer Healthcare, bioMérieux SA, Becton Dickinson, Siemens AG, Merck, Thermo Fisher Scientific Inc., Beckman Coulter Inc. (Danaher) and Roche Diagnostics.

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Automotive Plastics Market Key Players, Development and Opportunities by Forecast to 2025

20 Sep 2018 – Global Automotive Plastics Market is anticipated to reach USD 68.5 billion by 2025. To make cars safer and fuel efficient, plastics are being used extensively. It renders vehicles lightweight and increases their fuel efficacy by reducing carbon emissions. The Automotive industry is a major market for plastic processors. The factors that propel the growth of the automotive plastics industry include strict government regulations regarding fuel consumption along with rising sales of automobiles, and growing use of plastics for the production of lightweight vehicles. In addition, decrease in vehicular emission, increasing prices of steel and iron, sturdiness, recyclability, and strength of modern plastics are expected to drive the market.

On the other hand, there are factors that may hamper the growth of the market including rising demand for biodegradable plastics, high process engineering cost, volatile cost of raw material, and high investment required in material research. Automotive Plastics Market is anticipated to grow at a significant CAGR of 11.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market may be explored by product type, application, and geography.

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Automotive Plastics industry by product type could span Polyamide (PA), Acrylonitrile Butadiene Styrene (ABS), Polymethyl Methacrylate (PMMA), Polypropylene (PP), Polycarbonate (PC), Polyvinyl Chloride (PVC), Polyethylene (PE), and others. The “Polypropylene” segment accounted for the largest market share of the market and led the overall market in 2016; the reason being, at high temperature it has excellent chemical and electrical resistance; it is lightweight material, and is inclusively used as a noise & vibration dampener and thermal insulator in vehicular components. In addition, it is translucent, semi-rigid; and offers fundamental hinge property.

The key applications that could be explored in the Automotive Plastics Market include Chassis, Powertrain, Under the Hood Components, Electrical Components, Exterior Furnishings, and Interior Furnishings. The “Interior furnishings” segment accounted for the largest market share of the market in terms of volume had developed as the dominant application in 2016;the reason being use of plastics in automobile furnishings like fascia systems, light display & panels, steering wheels and seat covers; followed by Exterior furnishings.

Asia-Pacific accounted for the major share of the Automotive Plastics Market Size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include growing manufacturing base and rising investments in advanced technologies of vehicular production and increasing production in developing regions like Thailand, China, Indonesia, India, and Vietnam; followed by Europe.

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On the other hand, European market accounts for the significant share of Automotive Plastics industry in terms of revenue owing to use of advanced technology and high-quality plastics as they are energy effective and help in reducing the overall weight of the vehicle. In addition, automakers from European countries have to shift from diesel engines to electrified motors to meet higher emission standards.

Some of the key players that fuel the growth of the Automotive Plastics industry comprise BASF SE, AkzoNobel N.V, Covestro, Johnson Controls, Evonik Industries AG, Magna International, SABIC, Momentive Performance Materials Inc., Borealis AG, The Dow Chemical Company, Hanwha Azdel Inc., Teijin Ltd, Lear Corp., Owens Corning, Royal DSM N.V, Quadrant AG, and Grupo Antolin, among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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