Wednesday, January 30, 2019

Smartphone Enabled Medical Devices Market Is Expected To Reach US$ 31,759.3 Mn By 2026: Credence Research

The latest market report published by Credence Research, Inc. “Global Smartphone Enabled Medical Devices Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global smartphone enabled medical devices market was valued at US$ 4,411.1 Mn in 2017, and is expected to reach US$ 31,759.3 Mn by 2026, expanding at a CAGR of 24.9% from 2018 to 2026.
Market Insights
As per the latest research findings of World Health Organization (WHO), non-communicable disease kill 41 million people annually which represents 71% of all deaths globally. It is important to understand the factors responsible for the progression of chronic disease. Smartphone enabled medical devices are helpful in the monitoring of vital health parameters such as blood glucose, heart rate, blood pressure, pulse oximeters etc. Health care providers are employing smartphone apps to improve patient care by maintaining patient electronic health record and performing critical diagnosis simultaneously.
In the present scenario patient monitoring is reigning the application segment for smartphone enabled medical devices market. Significant increase in healthcare expenditure and supportive government initiatives to improve patient care drive the patient monitoring market growth. Increasing demand for patient monitoring in remote locations and rehabilitation centers further fortify the market growth. In the last 2 decades clinical decision making has gained tremendous attraction on account of technological advancement in mobile applications which employ clinical algorithm to aid physicians in validation of disease diagnosis.
Retail business is dominating the distribution channel segment for smartphone enabled medical devices market. Rampant growth in brand awareness and availability of excellent customer service drive the retail business market growth. Online distribution channel will be capturing the market owing to the availability of broadband services and diverse range of products online.
North America is currently leading the regional segment for smartphone enabled medical devices market. It represents a market share of 40% primarily due to existence of well-developed IT sector and rising public health awareness. Domicile of key players such as AthenaHealth, Accenture, Fitbit, Inc. etc. further consolidate the market growth in North America. In Europe the market growth is driven by factors such as rising prevalence of chronic disease in geriatric population and strategic collaboration between pharmaceutical segments and software companies to provide sophisticated mobile applications for medical purpose. It is the second largest regional market with a market share of 30%. Asia Pacific currently holds 15% market share and will be the fastest growing market during the forecast period from 2018 to 2026 owing to the emergence of local players specializing in smartphone enable medical applications and tools. It also serves as an attractive business destination for major players to establish their retail outlets to promote their brands and products.
Software companies providing application and online services pertaining to smartphone enabled medical devices are Accenture, Apple, Inc., AthenaHealth, AT&T, Dexcom, Inc., EBSCO Health, Fitbit, Inc., IBM Watson, McKesson Corporation and MIM Software, Inc.
Key Market Movements:
  • Rising public health awareness and increasing healthcare expenditure
  • Rampant growth in IT healthcare segment providing sophisticated tools to be integrated with medical practices
  • Increasing demand in physicians to aid clinical decision making and provision of excellent patient monitoring in remote locations
By Application (2016–2026; US$ Mn)
  • Patient Monitoring
  • Health Record Maintenance and Access
  • Clinical Decision Making
By Distribution Channel (2016–2026; US$ Mn)
  • Retail
  • Online
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Veterinary Surgical Sutures Market Size, Share, Growth, Strategies, Trends, Analysis and Forecast 2018 to 2026

According to the latest report published by Credence Research, Inc. “Veterinary Surgical Sutures Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global veterinary surgical sutures market was valued at USD 232.0 Mn in 2018, and is expected to reach USD 418.6 Mn by 2026, expanding at a CAGR of 6.7% from 2018 to 2026.
Market Insights
Veterinary sutures are one of the most preferred surgical devices in veterinary surgeries or wound closures. The companion animals account for almost 50% of the market compared to farm animals. The reason for this dominance is increasing trend of petting animals in the young generation, and high awareness related to the health of companion animals in pet owners. Growing technological developments in animal husbandry industry have increased the profit margins of business owners due to which requirement of farm animals is increasing which is further assisting the animal healthcare market. Enhancement in the field of suture manufacturing process coupled with availability of wide range of surgical sutures for veterinary applications identified as the key factors responsible for overall growth of veterinary surgical sutures market.
Veterinary surgical sutures can be segmented as absorbable and non-absorbable. Absorbable surgical sutures are further segmented as monofilament, natural, and braided. Non-absorbable surgical sutures are sub-segmented as monofilament and braided. Absorbable surgical sutures accounted for the largest market share in 2018, due to key market drivers such as highly safe & minimum post-surgery complications are reported, cost-efficient, and causes minimum wear & tear of targeted area. Monofilament is currently the most preferred surgical suture as it causes less damage to skin tissues and reduces the chances of post-surgery infection.
North America was observed as the largest veterinary surgical sutures market due to high public awareness related to safe & efficient surgical sutures, minimal invasive veterinary surgeries promote minimum application of sutures assisting the quick recovery of animals, and high availability & accessibility of modern healthcare infrastructure. One of the major reasons indirectly assisting the market growth is rising number of individuals preferring a pet animal at home and imbibing this culture & idea in young population. According to the 2018-2018 National Pet Owners Survey conducted by the American Pet Products Association (APPA) suggested that, 60% of the U.S. households, or about 85 million families, own a pet. Thus, supportive health insurance policies for pets also trigger the veterinary surgical sutures market in the near future.
Market Competition Assessment:
The growth of veterinary surgical sutures is gradual and major companies present in this market are investing on development of cost-efficient & safe veterinary surgical sutures. The key market players in this market are Medtronic plc, B.Braun, DemeTech, KRUUSE UK Ltd., Ethicon US, LLC, Teleflex Incorporated, Q-Close (Clinisupplies Ltd.), and AmerisourceBergen Corporation among others.
Key Market Movements:
  • Rising awareness related to animal care is assisting the overall veterinary diagnostic & treatment market
  • Technological enhancement in veterinary surgical sutures in terms of the design, physical properties and efforts to minimize post-surgery side-effects
  • Absorbable surgical sutures accounted for the largest market share in overall veterinary surgical sutures market due to several advantages over non-absorbable surgical sutures
  • North America dominated the overall veterinary surgical sutures market globally due to recorded highest number of pet and cattle surgeries.
By Type of Sutures Segment (2016–2026; US$ Mn)
  • Absorbable Surgical Sutures
    • Monofilament
    • Natural
    • Braided
  • Non-absorbable Surgical Sutures
    • Monofilament
    • Braided
By End-User Segment (2016–2026; US$ Mn)
  • Hospitals
  • Clinics
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Food Preservatives Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

The latest market report published by Credence Research, Inc. “Food preservatives Market, By Function (Antioxidants, Antimicrobial, and Others), By Type (Natural and Synthetic), By Resin type (Oils & fats, Bakery, Dairy & Frozen Products, Snacks, Meat, Poultry & Seafood, Confectionery, Beverages) and By Region (North America, Europe, Asia Pacific, Latin America, & Middle East & Africa) - Growth, Future Prospects and Competitive Analysis, 2017 – 2025.” 
Browse the full Food preservatives Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/food-preservatives-market
Market Insights
Food preservation is necessity to avoid food spoilage and wastage and it is one of the oldest technologies used by human beings. There are various ways and means used, discovered and continuously improved for the purpose of food safety. Few of the commonly used food preserving techniques are boiling, freezing & refrigeration, pasteurizing, dehydrating, pickling etc. Sugar, mineral salt and rock salt are also often used as preservatives food.
Hectic and sedentary lifestyles and increasing working class are resulting in demand for convenience foods which are easy to store for longer duration. Also increasing instances of obesity among general population and heart health issues globally are contributing to the growth of food preservatives as consumers are increasingly demanding on products with longer shelf life, compelling the food processors to use preservatives and to reduce food loss and wastage.
Competitive Insights
The Food Preservatives market is expected to remain fast growing and competitive in the coming years and manufacturers would need to adapt new differentiating strategies to hold and escalate their position in a highly competitive market.
A major strategy which can help the key players is to build their own R&D facilities for product innovation and research and support their distribution by forward integrating and constructing their own supply chain network, subsequently cutting cost. The major focus remains on adapting backward and forward integration clubbed with high end research and development set up win the market share in moderately competitive market of Food Preservatives. This will lead to optimal delivery of Food Preservatives to different, manufacturers, processors and regions without spending much on holding and storage costs. Since the development cost is not very high the manufacturers needs to provide value in terms of services, product quality and functionality to obtain a competitive advantage. Major players operating in the market are such as Akzo Nobel N.V. (Netherlands), Danisco A/S (Denmark), Cargill, Incorporated (U.S.), Univar Inc. (U.S.), and Koninklijke DSM N.V (Netherlands), among others.
Key Trends
  • Economies such as Africa and Asia-Pacific offers huge growth potential
  • Functionality of Natural Preservatives
  • Clean Label: A Clear Trend Across Global Food Markets
By Type
  • Natural
  • Synthetic
By Application Type
  • Oils & fats
  • Bakery
  • Dairy & Frozen Products
  • Snacks
  • Meat, Poultry & Seafood
  • Confectionery
  • Beverages
By Function Type
  • Antimicrobials
  • Antioxidants
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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What is the size of the Carbon Fiber Reinforced Plastic (CFRP) Market?

The latest market report published by Credence Research, Inc. “Carbon Fiber Reinforced Plastic Market , By Manufacturing Process (Prepreg Layup, Pultrusion & Winding, Wet Lamination & Infusion, Press & Injection, and Others), By Application (Aerospace, Automotive, Energy, Sports Equipment, Construction, and Others) and By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global carbon fiber reinforced plastic market was valued at US$ 32.21 Bn in 2016, and is expected to each US$ 67.94 Bn by 2025, expanding at a CAGR of 9.3% from 2017 to 2025.
Browse the full Carbon Fiber Reinforced Plastic Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/carbon-fiber-reinforced-plastic-cfrp-market
Market Insights
The global market for carbon fiber reinforced plastic is gaining momentum with increasing consumption of these composites from various end use industries such as aerospace, automotive, and energy among others. Features such as high strength to weight ratio, superior performance than other materials and environment friendly nature of CFRP composite is expected to drive the market growth in near future.
Government regulations are imposed to increase fuel efficiency in Europe, and the U.S. has forced manufacturers to focus on automotive weight reduction which has fuelled the demand of CFRP composites in these region. However, its high cost has restrained its penetration across various application segments. North America is the largest market in terms of CFRP consumption and is expected to maintain its dominance between 2017 and 2025; however, this region will lose its share to Europe and Asia Pacific. Governmental regulations towards energy efficient & environmentally friendly products expected drive demand in North American region. Asia Pacific will be the fastest growing market during the forecasted period owing to increasing demand from growing economies such as China and India.
Competitive Insights
Carbon fiber reinforced plastic market is oligopolistic in nature, dominated by few major players such as Toray Industries, Inc., Teijin Limited, Mitsubishi Rayon Co., Ltd., SGL Group, Hexcel Corporation and Formosa Plastics. Involvement of key manufacturers in low-cost product development is expected to create new avenues for major participants over the next few years.
Key Trends
  • Emerging economies with rising middle class population and rising disposable income offering huge growth potential
  • Emerging applications of CFRP composite market
By Manufacturing Process Type
  • Prepreg Layup
  • Pultrusion & Winding
  • Wet Lamination and Infusion
  • Press and Injection
  • Others
By Application Type
  • Aerospace
  • Automotive
  • Energy
  • Sporting Equipment
  • Construction
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Name: Chris Smith
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Biosimilars Treatment Market Is Expected To Reach US$ 25.83 Bn By 2025: Credence Research

The latest market report published by Credence Research, Ltd. “Global Biosimilars Treatment Market - Growth, Share, Opportunities, Pipeline Analysis, Competitive Analysis, and Forecast, 2017 - 2025,” the Biosimilars  market was valued at US$ 3.52 Bn in 2016, and is expected to reach US$ 25.83 Bn by 2025, expanding at a CAGR of  23.1% from 2017 to 2025.
Browse the full report Biosimilars Treatment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2017 – 2025 report athttps://www.credenceresearch.com/report/biosimilars-treatment-market
Market Insights
Biosimilars are the products approved in a country which has an abbreviated approval process for biologic products that refer to an originator biologic in the regulatory submission. Biosimilars possess similar clinical properties like safety, potency and purity as compared to the original biological product. The currently available biosimilars treatment segment are by product and application. The product segment comprises of recombinant non-glycosylated proteins (Insulin, Filgastrim, Somatropin) recombinant glycosylated proteins (Monoclonal antibodies, Erythropoietin) and recombinant peptides (Glucagon, Calcitonin).The application segment comprises of oncology, chronic and autoimmune disease, blood disorders, growth hormone disease and infectious disease. The key factors assisting the growth of biosimilars are the increasing prevalence of chronic disease, rising aging population, patient inclination towards reduced healthcare expenditure and government initiatives to promote biosimilars for e.g. Europe Medicines Agency (EMA) has finalized the guidelines on biosimilars with its elements described in ICH (Q5E). On the other hand, high complexities involved in the manufacturing of biosimilars and the rigorous regulatory framework governing their approval in countries around the world are hindering the market growth of biosimilars.
Pipeline Analysis
Pipeline of biosimilar market comprises of (recombinant non-glycosylated proteins, recombinant glycosylated proteins and recombinant peptides). Samsung Bioepis (SB4, SB2, SB5, SB9), Sandoz (GP2015, LA-EP2006, HX575), Amgen (ABP 501, ABP 980, ABP 215), Momenta (M923, M834) etc. We have estimated sales of very specific molecules based on the above mentioned type, disease prevalence, sponsor, depicted peak sales by leading market experts and other factors.
Key Market Movements:
  • Rising prevalence of cancer and chronic disease in developed and developing countries
  • Increasing geriatric population and high public awareness in developed countries is expected to boost the biosimilars market
  • Expiry of patents of biologicals coupled with government initiatives to promote biosimilars
  • Increased patient inclination towards cost effective healthcare solutions
By Product Type
  • Recombinant non-glycosylated proteins (Insulin, Filgrastim, Somatropin)
  • Recombinant glycosylated proteins (Monoclonal antibodies, Erythropoietin)
  • Recombinant peptides (Glucagon, Calcitonin)
By Application Type
  • Oncology
  • Chronic and autoimmune disease
  • Blood disorder
  • Growth hormone
  • Infectious disease
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Tuesday, January 29, 2019

Textile Chemicals Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to a new market research report published by Credence Research, Inc. “Textile Chemicals Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” textile chemicals market was valued at US$ 21.80 Bn in 2016, and is expected to reach US$ 30.23 Bn by 2025, expanding at a CAGR of 3.7% from 2017 to 2025.
Market Insights
The production and demand of textile products is growing at rate of more than 3% yearly owing to increasing demand from apparel industry due to rising population The market is also affected by factors such as growth in the demand for textile chemical from home furnishing products, development of eco-friendly chemicals for textiles industries, and evolution of packaging industries, require large textile chemicals.
Home furnishings was the dominating segment in the textile chemicals market in 2016, owing to the increase in spending capacity and rising disposable income of consumers in developing economies such as China and India. Apparel segment is the fastest growing applications segment of textile chemicals market, due to the change in the lifestyle of people and consumer choice in emerging economies. Industrial and other application segment include medical gloves, workshop clothing, geotextiles, and any more. Industrial and other application segment is expected to grow at a moderate rate in the forecast period. 
Asia Pacific was the largest market of textile chemicals in 2016, owing to the significant demand for textile chemicals in various applications industries. Asia Pacific had a share of more than 50% of the global textile chemicals market in 2016. Europe was another lucrative market for the textile chemicals in 2016, due to the rise in demand for textile chemicals in technical textile applications majorly in Germany and Turkey. North American market for textile chemical is expected to expand at a moderate growth rate during the forecast period.
Apprehension of governing bodies concerning about unfavorable effects of textile chemicals on environment and development of new bio based textile chemicals is restricting the growth of the textile chemical market. . Whereas, development in technological innovation for making new textile chemicals is anticipated to create a new opportunity for the manufacturers of textile chemicals in the near future. Moreover, growing number of products of textile chemicals in various applications is expected to be major opportunity for the growth of textile chemicals market.
Global textile chemicals market is consolidated and tremendously competitive, with large number of major players. To sustain in the strongly competitive market, several players are making new varieties of textile chemicals to enhance the comfort, durability, and functional benefits of textile products. Some of the major companies operating in the market include Archroma, BASF SE, Bayer AG, Covestro AG, Dow Chemical Company, DyStar Group, Fibro Chem, LLC, German Chemicals Ltd., Huntsman International LLC, Kiri Industries Limited, Omnova Solutions, Inc., Omya United Chemicals, Pulcra Chemicals, Sumitomo Chemicals Co., Ltd., and The Lubrizol Corporation.
By Product Type
  • Coating and Sizing Chemicals
  • Finishing Agents
  • Colorants and Auxiliaries
  • Surfactants
  • Desizing Agents
  • Yarn Lubricants
  • Bleaching Agentss
By Application Type
  • Home Furnishings
  • Apparel Industries
  • Industrial and Other Applications
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Name: Chris Smith
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Xanthan Gum Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to a new market report published by Credence Research, “Xanthan Gum Market , by application Medical Application, Oil & Gas, Food & Beverages, Pharmaceutical, Cosmetics and Others (Paper, Coatings, etc.); by Geography, North America, Europe, Asia Pacific, Latin America, Middle East and Africa- Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global xanthan gum market is expected to at a CAGR of 5.8% in terms of value from 2017 to 2025.
Market Insights
The global xanthan gum market is expected to witness high growth during the forecast period 2017 to 2025. Strong demand from oil & gas industry and food & beverages industry is anticipated to drive the demand for the xanthan gum in upcoming years. The global xanthan gum market is projected to grow a CAGR of 5.8% in terms of value from 2017 to 2025.
On the basis of applications, the global Xanthan Gum market is segmented into oil & gas, food & beverages, pharmaceutical, cosmetics and others (Paper, Coatings, etc.) applications. Among these, oil & gas segment dominated the market. This segment is projected to maintain its dominance over the next eight years. Xanthan gum is mainly used as thickener and stabilizer agent in emulsions and suspensions, it is more prominently used in the Food industry. It is also used in many chemical applications such as adhesives, ceramic glazes, drilling muds, foundry compounds, latex emulsions, lubricants, paints and coatings, paper, pesticides, textiles, etc.
For the purpose of this study, the global xanthan gum market is categorized into regional markets viz., North America, Europe, Asia Pacific and Latin America and Middle East and Africa. In base year 2016, Asia pacific was observed as the largest market for xanthan gum. In Asia Pacific, China and India serve potential markets for xanthan gum in the next five to six years. Usage of xanthan gum in bakery products & medicines is approved from regulatory bodies such as USDA and FDA, this is likely to drive the market for xanthan gum in upcoming years.
Furthermore, xanthan gum market is moderately consolidated due to the presence of a few established players. Companies present in Asia pacific and Eastern Europe are extensively focusing on research and development and expanding their business network, across regional markets. Cargill, Inc., CP Kelco, Deosen Biochemical Ltd., E. I. du Pont de Nemours and Company, Fufeng Group Company Limited, Jungbunzlauer Suisse AG, Pfizer Inc., QINGDAO UNICHEM INTERNATIONAL TRADE CO. LTD., Solvay S.A. and The Archer Daniels Midland Company are among the few key manufacturers in xanthan gum market.
Key Trends:
  • Increase in Consumption of Convenience Foods
  • In 2016, APAC led the market in terms of xanthan gum consumption
  • Increasing array of applications
  • Increasing in Demand for Natural Food Additives
  • Strong demand from emerging economies
By Application Type
  • Oil & Gas
  • Food & Beverages
  • Pharmaceutical
  • Cosmetics
  • Others (Paper, Coatings, etc.)
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Monday, January 28, 2019

Data Center Cooling Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to a new market report published by Credence Research, Inc., “Global Data Center Cooling Market (By Product (Air conditioners, Chillers, Cooling Towers, Economizers, and Other Equipment), By Cooling Technique (Air-based Cooling, and Liquid-based Cooling), By Cooling Architecture (Room, Rack, and Row)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025”, the global data center cooling market is expected to witness strong growth during the forecast period 2017 - 2025.
Browse the full Global Data Center Cooling Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at https://www.credenceresearch.com/report/data-center-cooling-market
Market Insights
Today, a data center and its infrastructure represent a key element of a business organization. A data center includes huge IT infrastructure and power equipment that are prone to high temperature.  In order to maintain temperature and ensure efficient working of all IT equipment, cooling architecture has become an integral part of data centers. The global data center cooling market is anticipated grow with the rising number of data centers, especially in the developing regions worldwide. For example, Asia-Pacific is witnessing strong rise in the number of data centers. Countries such as China and India have revolutionized their IT infrastructure, brought about by virtualization, thereby influencing market demand in these countries. Another major trend influencing the market growth in the region is huge growth in the bandwidths from different ISPs. The explosion of data including voluminous video content, streaming services, and big data generation among others, has boosted demand for data centers and data center cooling equipment in recent years.
Digitization and advancements in cloud computing solutions is a fast moving trend. The clock speed of computing is continuously improving. The rise in computing power is consequently generating considerable amount of heat from equipment, gradually decreasing the efficiency of operational processes and endangering the whole infrastructure. Increased adoption of cloud-based services and big data analytics by government agencies, business enterprises, co-location providers, and telecommunication organizations has necessitated demand for data centers and hence the cooling infrastructure.
Competitive Insights
With growing concerns regarding greenhouse gas emission, green data centers are witnessing increasing adoption. Data center cooling solution vendors are focusing on developing innovative cooling technologies capable of limiting environmental impact by maximizing energy efficiency and minimizing power consumption in data centers. Several vendors are also entering into strategic partnerships with agencies and enterprises across the globe to provide state-of-the-art cooling infrastructure. Some of the leading players identified in the global data center cooling market include Emerson Network Power, IBM Corp., Hewlett-Packard Co., American Power Conversion Corporation, Coolcentric, Fujitsu Ltd., Rittal GmbH & Co. KG, Hitachi Ltd., Intel Corp. and Stulz A/C Solutions among others.  
By Product Type
    • Air conditioners
    • Chillers
    • Economizers
    • Cooling towers
    • Other Cooling Equipment
By Technique Type
    • Air-based Cooling
    • Liquid-based Cooling
    • Others (Free Cooling, etc.)
By Cooling Architecture Type
    • Room Cooling
    • Row Cooling
    • Rack Cooling
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
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Pharmaceutical Hot Melt Extrusion Equipment Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to the latest report published by Credence Research, Inc. “Pharmaceutical Hot Melt Extrusion Equipment Market - Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global pharmaceutical hot melt extrusion equipment market was valued at US$ 26.1 Mn in 2016, and is expected to reach US$ 39 Mn by 2025, expanding at a CAGR of 4.5% from 2017 to 2025.
Market Insights                                  
The use of hot melt extrusion technology in pharmaceutical application is steadily increasing due to its ability of manufacture novel drugs with improved bioavailability. Development of novel drugs with challenged solubility and bioavailability has urged the adoption of HME process in drug-delivery systems, particularly in solid dosage forms and transdermal patches. Hot melt extrusion involves the application of heat, agitation and pressure through extrusion channel for mixing materials and forcing them into desired form. Growth in number of novel drugs with challenged bioavailability and the urgency for introducing such drugs in the market are the key drivers contributing to the growth in demand for hot melt extrusion in pharmaceutical application.
Among the considered extruder types, twin-screw extruders (TSE) are the most widely used process for development of solid dosage forms and it uses both distributive and dispersive mixing. Driven by the FDA’s process analytical technology initiative (PAT), the use of TSE in pharmaceutical manufacturing has been adopted by every major pharmaceutical manufacturer. The process analytical technology initiative has encouraged formulation of new dosages with TSE technology. Further efforts are also being taken for designing TSE systems for testing early-stage materials that are available only in minimal quantities.
Geographically, North America is the largest regional market for pharmaceutical hot melt extrusion equipment with a market share of over 35% in 2016. Existence of a multitude of pharmaceutical manufacturers that have adopted HME systems in drug manufacturing and widespread installation of HME in cGMP practices will ensure the dominance of North America market on the global front. The demand for HME systems in Europe pharmaceutical industry is also expected to remain steady during the forecast period. High demand for novel drug manufacturing technologies mainly drive the Europe market. However, growing CMO and research activities will facilitate the faster growth of Asia Pacific market.
Presence of a several manufacturers has made the competition in the global pharmaceutical hot melt extrusion equipment fragmented, with a handful of companies enjoying global prominence. Some of the major players in the global pharmaceutical hot melt extrusion equipment market are Baker Perkins Ltd., Coperion GmbH, Gabler GmbH & Co. KG, Milacron Holdings Corp., Leistritz Advanced Technologies Corp., Thermo Fisher Scientific, Inc. and Xtrutech Ltd.
By Usage Area
  • Research and Academia
  • Contract Manufacturing Organization
  • Pharmaceutical Companies
By Product Type
  • RAM Extruders
  • Radial Screen Equipment
  • Roll and Screw Extruders
    • Single-screw Extruders (SSEs)
    • Twin-screw Extruders (TSEs)
    • Multi-screw Extruders (MSEs)
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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Joint Reconstruction Devices Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

The latest market report published by Credence Research, Inc. “Joint Reconstruction Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025” the joint reconstruction devices market was valued at USD 17,619.04 Mn in 2016, and is expected to reach USD 30,286.9 Mn by 2025, expanding at a CAGR of 5.98% from 2017 to 2025.
Market Insights
Joint reconstruction devices are a notable part of the orthopedic devices industry. Joint reconstruction includes wide range of treatments such as physiotherapy, pain management and surgeries. Of these, surgeries are the most preferred with maximum recovery and permanent cure. Joint reconstruction surgery is carried out either to repair small part of damaged site such as arthroscopy and osteotomy or carry out complete joint replacement, resurfacing surgery or arthrodesis. Currently there is a growing demand for minimal invasive surgical techniques with maximum recovery in a shorter duration of time. The increase in prevalence of various orthopedic conditions due to disorders like obesity, osteoarthritis, bone degenerative diseases, accidents, growing aged population, change in lifestyle, have increased the patient pool and act as market drivers.
Browse the full report Joint Reconstruction Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025 at https://www.credenceresearch.com/report/joint-reconstruction-devices-market
According to Centers of Disease Control and Prevention (CDC) data over 30 million have suffered or are suffering from osteoarthritis in USA. As per World Health Organization (WHO) the global prevalence of obesity is accounted to 35%. Joint deformities or fractures can also be accounted to age, often observed in people with aged 65 years and above. As per the International Osteoporosis Foundation 75% of hip, spine and forearm fractures occur in patient around 65 years and above. This growing global prevalence and scenario has created a rising demand for better and newer joint replacement techniques and this could be major drivers to the joint reconstruction devices market in the forecast period 2017-2025.
Of all the joint reconstruction type, knee replacement dominates the market. This segment is expected to hold a larger market share even during the forecast period owing to the continuous increase of aged population, obesity and osteoarthritis wherein the knees are affected in majority and also due to greater revenue generated by this segment.
North America holds major share in the joint reconstruction devices market owing to high prevalence of geriatric population, obesity, osteoarthritis, favorable healthcare policies, larger pool of industries, constant R&D development and higher economic status of the patients. These factors increase the demand for better therapeutic options and ultimately drive the market. The European joint reconstruction devices market is also on a growing trend owing to the aging population along with rising cases of osteoarthritis, bone degenerative diseases and reduction in the cost of implants. Better economic conditions of patients, increased availability of newer technologies, increasing population and increased demand for better and advanced therapeutic options are the major driving factors for Asia-Pacific regions in the joint reconstruction devices market. Nations such as China and Japan have better healthcare policies as of now and is expected to get better in the forecast period along with continuous R&D would drive this market. In case of developing regions such as Latin America, Middle East and Africa there is a gradual rise in the number of distribution partners to enhance the supplies for such advanced technologies which would in the forecast period create a demand.
Market Competition Assessment:
The joint reconstruction devices market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Medtronic, Stryker, Aesculap Implant Systems, LLC; Zimmer Biomet , DePuy Synthes, Smith and Nephew, CONMED Corporation, DJO Global, Inc., Nuvasive, Inc., , Tornier, Inc., Corin Group Plc., Exactech, Inc., United Orthopedic Corporation, Japan MDM Inc., Globus Medical, Arthrex Inc. & CONMED Corporation.
Key Market Movements:
  • Rising prevalence for orthopedic disorders due to several factors has led to an increase in demand for joint reconstruction devices which have better therapeutic outcome and maximum recovery
  • Newer technologies with better therapeutic outcome has reduced the turnover time, given maximum recuperation and thus have reduced hospital costs, hence creating an increase demand for joint reconstruction devices
  • As there is technology advancements in the low-income countries, the demand for joint reconstruction devices in these nations are on a rise
By joint Type
  • Knee
  • Hip
  • Shoulder
  • Ankle
  • Others
By Technique Type
  • Joint Replacement
    • Implants
    • Bone Graft
  • Arthroscopy
  • Osteotomy
  • Resurfacing Surgery
  • Arthrodesis
  • Small Joint Surgery
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Smart Locks Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to a new market research report published by Credence Research “Smart Locks Market(Product Type – Lever Handles, Deadbolts, Padlocks and Others; Application – Residential, Commercial, Hospitality, Industrial and Others) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global smart locks market is estimated to hit US$ 3.50 Bn by 2025.
Market Insights
Security is one of the most crucial concerns faced by the consumers willing to invest in home automation systems. This makes smart locks one of the most prominent aspects of home automation, thereby creating multiple market growth opportunities. Superior benefits offered by smart locks over conventional locks has contributed greatly to the potential of their adoption across residential as well as commercial applications. Smart locks can be programmed to offer several features including integration with video surveillance, smartphones and security alarms. This ensures optimum convenience to the users along with enhanced security. These advantages are estimated to ensure promising opportunities for smart lock vendors in the following years. 
The overall smart locks market is primarily driven by the growing safety and security concerns coupled with the enhanced features it offers compared to traditional locks. Moreover, the concept of smart home has also contributed substantially for the market growth. Today, people are more inclined towards the idea of home automation due to factors such as growing technological advancement in the IoT sector as well as increasing discretionary income. This in turn positively impacts the demand for smart locks. Smart locks can be easily accessed using a smartphone without any need for keys. Thus, it becomes possible for the users to operate the lock irrespective of their location. Consistently rising penetration of smartphones and low-energy communication transfer protocols have created an environment favorable for the smart locks market growth over the forecast period. 
Despite the aforementioned benefits of smart locks, the major factor limiting the market growth is the reluctance of people towards adoption of new technology. In addition, high cost of these locks along with discrepancies in communication standards with respect to different regions too play as prominent inhibitors to the market growth. Smart locks typically have limitations such as vulnerability to hacking and power failure. This is another significant factor restraining the market growth. 
The overall smart locks market is categorized on the basis of product type and application. Based on the product type, the market is classified into lever handles, deadbolts, padlocks and others. In terms of application, the market has been categorized into residential, commercial, hospitality, industrial and others. As of 2016, the market is led by the residential segment, accounting for more than one fourth of the total market revenue generated worldwide. 
Key Trends
  • Partnerships between manufacturers and technology providers is one of the common trends
  • Increasingly being adopted in the hospitality sector 
By Application
  • Residential
  • Commercial
  • Hospitality
  • Industrial
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Bone Cement Market | Major players are Zimmer Biomet, Stryker Corporation, DePuy Synthes, Cook Medical, DePuy Synthes, Smith & Nephew

The latest market report published by Credence Research, Inc. “ Bone Cement Market  –  Growth, Future Prospects, and Competitive Analysis,...