Psoriasis Treatment Market Size, Share, Growth, Trends, Analysis and Forecast To 2025

According to the latest market report published by Credence Research, Inc. “Psoriasis Treatment  Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025” the global Psoriasis Treatment  market was valued at US$ 7.9 Bn in 2016, and is expected to reach US$ 12.8 Bn by 2025, expanding at a CAGR of  5.4% from 2017 to 2025.

Market Insights

Psoriasis is a chronic, inflammatory, painful skin disease for which there is no cure with great negative impact on patient’s quality of life. Primary goal of treatment is to reduce inflammation and to stop the skin cells from growing so quickly. Psoriasis treatment market is rapidly growing due to factors such as growing prevalence in some countries, significant unmet needs, promising pipeline molecules would drive the growth of psoriasis market worldwide. For the purpose of study, the global psoriasis treatment market is segmented on the basis of drug class such as TNF Inhibitors, Vitamin D analogs, interleukin blockers, and other psoriasis medications.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/psoriasis-treatment-market

It is observed that, in the base year 2016, interleukin blockers is major revenue contributing segment due to its long-term safety with lower risk of infection and malignancy, furthermore newly approved Siliq (brodalumab) and Tremfya (Guselkumab) expected to drive significant market growth during forecast period. Psoriasis treatment market is categorized on the basis of type such plaque, guttate, flexural or inverse, psoriatic arthritis and others type, however, it is observed that plaque psoriasis is major revenue generating segment because it affects more than 70% of psoriasis patients. Psoriasis treatment market is currently dominated by North America, factors such as higher cost of therapy, a higher number of psoriasis patients, government reimbursement policies fueling the growth of psoriasis treatment market in North America. However, developing economic conditions and rising healthcare awareness would drive market growth during the forecast period.    

Key Market Movements:

-  Factors such as higher prevalence psoriasis disease, increasing treatment awareness, higher treatment compliance, and favorable reimbursement policies in some countries are driving the market growth of psoriasis treatment worldwide.

-  Due to the high unmet needs, vendors in the market are focusing on the development of ideal treatment, promising pipeline molecule, rising access for the treatment medication in some developing countries, increase in the incidence of psoriasis and skin disorders would fuel the growth of psoriasis treatment market during forecast period.

- However, patent expiry of blockbuster drugs leads to generic erosion and adverse effects associated with the use of medication which would negatively impact the growth of psoriasis treatment market. 

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List of Companies Covered:

• AbbVie Inc.
• Amgen Inc.
• AstraZeneca
• Biogen
• Boehringer Ingelheim
• Celgene
• Eli Lilly and Company
• Johnson & Johnson
• LEO Pharma A/S
• Merck & Co., Inc.
• Novartis AG
• Pfizer, Inc.
• Stiefel Laboratories Inc. (GlaxoSmithKline plc)
• Sun Pharmaceutical Industries

Market Segmentation

By Drug Class

• Interleukin Blockers
• Topical Corticosteroids
• Tumor Necrosis Factor (TNF) Inhibitors
• Vitamin D Analogues
• Others

By Type

• Plaque psoriasis
• Guttate psoriasis
• Flexural or inverse psoriasis
• Psoriatic arthritis
• Others

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Retail Inventory Management Software Market is set to grow with a CAGR of 7.6% during the forecast to 2023

According to a new market report published by Credence Research, Inc., “Retail Inventory Management Software Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023”, the global inventory management software market for retail applications is expected to grow at a compound annual growth rate of 7.6 percent during the 2016-2023 forecast period.

Product Insights

Inventory management software helps retailers effectively organize and manage inventories, purchases of goods, sales and deliveries of products. It provides a platform for retailers to track the important shipment and inventory data, including volume and location, supplier records, etc. The software also helps retailers perform asset compliance audits and generate reports & custom alerts by integrating RFID and other wireless tracking technologies into their day-to-day inventory tracking efforts. Retailers often use inventory management software to ensure that the focus is on understanding, identifying and minimizing inefficiencies in managing inventories between locations. With advancements in technology and integration capabilities, inventory management software is quickly becoming an integral part of retail business processes.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/retail-inventory-management-software-market

Competitive Insights:

The global retail inventory management software market is highly competitive and fragmented. The top 4 leading vendors account for less than 45% of the global market revenue share. It is requisite for inventory management software vendors to realize the unique requirements of traditional and off-price retailers and develop software accordingly. SAP SE (Germany), Oracle Corporation (the U.S.), Epicor Software Corporation (the U.S.), Microsoft Corporation (the U.S.), and JDA Software Group, Inc. (the U.S.) are identified as market leaders in the global retail inventory management system market for the base year 2015. Other promising and emerging players identified in the global retail inventory management system market include Manhattan Associates Inc., Descartes Systems Group, Inc., Aldata Software Management Inc., Retalix Ltd., Lawson Software, and Quintiq among others. The global retail inventory management software market is also characterized by the presence of a large number of niche players holding trivial market shares individually. Since the retail inventory management software market is technology-driven, the degree of competition among vendors is high and is only expected to intensify in the coming years.

Key Trends:

• Growing demand for cloud-based retail inventory management software solutions
• The proliferation of e-commerce and growth of multi-channel retailing
• Need to address supply chain inefficiencies through transparency and real-time tracking
• Integration of the RFID technology
• The positive impact of the introduction of automatic store replenishment systems

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List of Companies Covered:

• IBM Corporation
• SAP SE
• Microsoft Corporation
• Epicor Software Corporation
• JDA Software Group, Inc.
• Oracle Corporation
• Aldata Software Management, Inc.
• Descartes Systems Group
• Manhattan Associates, Inc.
• Retalix Ltd.
• Lawson Software
• Quintiq

Market Segmentation

By Development Type

• On-premise solutions
• On-demand or Hosted solutions

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Retail Inventory Management Software Market

Physical Security Equipment And Services Market Is Expected To Reach US$ 354.5 Bn By 2024

According to a new market research report published by Credence Research “Physical Security Equipment and Services Market - Growth, Future Prospects, Competitive Analysis and Forecast 2016 - 2024”, the global physical security equipment and services market stood at US$ 143.5 Bn in 2015 and is estimated to expand with a CAGR of 10.7% from 2016 to 2024.

Market Insights

The physical security equipment and services market has been majorly driven by rising terrorist threats across the world. With increasing instances of terror attacks in major cities across the world, it has become imperative for various organizations and government bodies to deploy advanced physical security solutions to ensure public safety. In addition, technological advancements in camera, storage, and other networking technologies have enabled solution providers to design and deploy comprehensive security solutions offering innovative capabilities. Furthermore, the rise of IP-based systems has led to a higher adoption of networked security due to its benefits such as ease of access and scalability.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/physical-security-equipment-and-srvices-market

Some of the factors driving the growth in the physical security equipment and services market include the rise of terror activities across the world. With increasing threats and rising vulnerability of various buildings and facilities, there has been a growing investment towards ensuring physical safety. In addition, it has become crucial to deploy advanced security solutions to strengthen public confidence and ensure social harmony. Thereby, the overall physical security equipment and services market is expected to grow due to increasing government budgets towards public safety during the forecast period.

Factors such as high initial costs and limited budgets have been restraining the growth in the overall physical security equipment and services market. Due to limited budgets, various institutes and organizations have not been able to deploy effective security solutions at their facilities.

Competitive Insights:

The global physical security equipment and services market is highly fragmented with numerous providers catering to various regions in the world. Some of the leading players which have prominent presence all across the world include Tyco International Ltd., Stanley Security Solutions, Honeywell International, Inc., United Technologies Corporation, Bosch Sicherheitssysteme GmbH, G4S Plc. and Siemens AG, among others. Apart from these global players, there are numerous companies operating in various regions and have a dominant presence in their local markets. Thereby, the physical security equipment and services market is highly competitive all across the world.

Key Trends:

• The high popularity of video surveillance as a service (VSaaS) in the Asia Pacific region
• Increasing demand from the public sector in order to provide better safety and security in various public places and offices.
• Providers seeking to design application based on video surveillance apart from security
• Increasing focus on analytics to capture behavioral traits and event predictions

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List of Companies Covered:

Market Segmentation

By Verticals Type

• Government
• Banking and Finance
• Commercial
• Residential
• Transportation
• Utilities and Energy
• Others (Education, Healthcare, Retail, Manufacturing, and Industrial)

By Technology Type

1) Physical Security Equipment

• Video Surveillance Equipment
• Access Control Equipment
• Intruder Alarm Equipment
• Entrance Control Equipment
• Network Infrastructure Equipment
• Others

2) Physical Security Services

• Video Surveillance as a Service (VSaaS)
• Access Control as a Service (ACaaS)
• Remote Monitoring Services
• System Integration Services

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Physical Security Equipment And Services Market

Food And Beverage Nano-Enabled Packaging Market Size, Share, Growth, Trends, Analysis and Forecast To 2023

The latest market report published by Credence Research, Inc. “Food and Beverage Nano-enabled Packaging Market - Growth, Future Prospects, and Competitive Analysis, 2016 - 2023,” the global food and beverage Nano-enabled packaging market was valued at US$ 20.4 Bn in 2015 and is expected to reach US$ 31.2 Bn by 2023, expanding at a CAGR of 5.6% from 2016 to 2023.

Market Insights

The food and beverage segment is one of the major contributors in the overall packaging market. In order to offer efficient packaging solutions coupled with reduced costs for manufacturing packaging materials, food and beverage product manufacturers are spending a huge amount of research and development of advanced packaging techniques such as nanotechnology.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/food-and-beverages-nano-enabled-packaging-market

Some of the factors fuelling food and beverages Nano-enabled Packaging market growth include exploration of nanotechnology into varied food and beverage applications, increasing consumption of packaged food products, thereby leading to the advent of nanotechnology in those products, demand for shelf-stable and sustainable packaging solutions among food and beverage retailers and manufacturers. Furthermore, governments of various countries are have initiated the adoption of Nano-enabled packaging for food and beverage products, ensuring health and food safety mitigation. Additionally, rising demand for healthy, fresh, extended shelf-life, safety and quality maintenance of food and beverage products among consumers are fuelling the food and beverage Nano-enabled packaging market growth.

Geographically, Asia Pacific is dominating the market in terms of revenue share contribution, followed by North America and Europe. North America and Europe are collectively accounted for around 50% of the overall food and beverages Nano-enabled packaging market share in 2015. Asia Pacific is further expected to record the highest CAGR during the forecast period. Increasing the inclination of consumers towards improved taste, color, texture, flavor, and retention of nutritional aspects of the final product is a key factor propelling food and beverage Nano-enabled packaging market growth in the region. Moreover, urbanization, an increasing number of affluent consumers and changing consumer lifestyle especially in countries such as India and China support market growth. Food and beverages Nano-enabled packaging market growth in North America is expected to be significant throughout the forecast period.

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List of Companies Covered:

• Amcor Limited
• E. I. du Pont de Nemours and Company
• Bemis Company, Inc.
• Crown Holdings Incorporated
• Chevron Phillips Chemical Company, L.L.C.
• Klöckner Pentaplast
• Sealed Air Corp.
• Tetra Pak International S.A.
• Nanocor Inc.
• Honeywell International, Inc.

Market Segmentation

By Type

• Active Packaging
• Intelligent Packaging
• Controlled Packaging

By Application Type

• Fruits and Vegetables
• Beverages
• Prepared Foods
• Meat Products
• Bakery Products
• Others

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Food And Beverage Nano-Enabled Packaging Market

Thermochromic Materials Market will be growing at a CAGR of 9.1% during the forecast 2017 to 2025

The latest market report published by Credence Research, Inc. “Thermochromic Materials Market - Growth, Future Prospects, and Competitive Analysis, 2017 - 2025,” the global market for thermochromic materials is expected to grow by 9.1 percent during the forecast period from 2017 to 2025.

Market Insights

The global market for thermochromic materials is experiencing growth mainly due to an increase in demand for innovative temperature-based products and the ability to change color for functional applications. In addition, increased demand for thermochromic pigments in paints and coatings, together with increased demand for thermochromic materials in food quality indicators to determine the quality of dairy products and frozen meat, is another factor driving the market growth.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/thermochromic-materials-market

Reversible technology is preferable to irreversible technology. But achieving reversibility by maintaining the stability of the solution is a complicated process that has hindered the growth of the market.

However, various R&D projects are undertaken by manufacturers to develop stable reversible materials, which are likely to increase the demand for reversible materials from the various application industries.

Competitive Insights

At present, the market is in a nascent stage. Most of the manufacturers are attempting to achieve full commercialization. The market is monopolistic in nature and characterized by the presence of a few key players. Manufacturers are catering to their local markets. Moreover, entry barriers are high for new entrants.

List of Companies Covered:

• SFXC
• Indestructible Paints Limited
• Fraunhofer IAP
• W. Sands Corp.
• Good Life Innovations Ltd
• Olikrom
• Kolortek Co., Ltd.
• LCR Hallcrest LLC
• New Prismatic Enterprises Co. Ltd. (NCC)
• Smarol Industry Co. Ltd.

Key Trends

• Increasing R & D projects undertaken by manufacturers
• Rising demand from end-use application
• The Asia Pacific offers huge market potential

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Market Segmentation

By Type

• Reversible  
• Irreversible

By Application Type

• Pigments
• Thermometers
• Food Quality Indicators
• Papers
• Others

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Thermochromic Materials Market

Non-Opioid Pain Patch Market will be growing at a CAGR of 3.5% during the forecast 2017 to 2025

According to the latest report published by Credence Research, Inc. “Non-Opioid Pain Patch Market - Growth, Future Prospects, and Competitive Analysis, 2017-2025,” the global non-opioid pain patch market was valued at US$ 3.6 billion in 2016 and is expected to reach US$ 5.0 billion by 2025, increasing to CAGR by 3.5 percent from 2017 to 2025.

Market Insights

Pain is reported to be the main reason for a public visit to any emergency department of any medical center. Various treatment options are available to treat chronic and acute pain, starting with medication, physical therapy, acupuncture, exercise, or counseling. According to the Institute of Medicine of the National Academies, more than 100 million Americans suffer from chronic pain, much more than other health problems.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/non-opioid-pain-patch-market

The non-opioid pain patch is a pain relief treatment. The pain patch, when placed on a painful area, releases the content of the medicine through the surface of the skin and blocks the transmission of the pain signal. Patches can be customized according to the area used. Newer, more innovative and more effective non-opioid pain patches are being developed to counter opioid abuse, which in turn stimulates market growth of non-opioid pain patches.

The growing elderly population, increasing incidences of chronic and acute pain, rising opioid abuse and death from an overdose of opioids are key drivers of the non-opioid pain patch market. Lower back pain is the most common condition followed by migraine or headache and neck pain. This rising prevalence of chronic pain is one of the main drivers of the non-opioid pain patch market.  Increasing adoption of technologically advanced products, health expenditure on R&D to develop innovative products will boost the growth of the non-opioid pain patch market. However, the lack of awareness in developing countries and demand for oral medication are a few of the major challenges associated with the non-opioid pain patch market.

The non-opioid pain patch market is classified on the basis of patch type and the classification are of below types:

• Lidocaine Patches
• Diclofenac Patches
• Capsaicin Patches
• Methyl Salicylate Patches
• Others

The non-opioid pain patch market is further segmented on the basis of distribution channels and the sub-segments are as follows:

• Hospital pharmacy
• Retail pharmacy/Independent pharmacy
• E-commerce/ Online pharmacy

The hospital pharmacy holds the major market share, however retail pharmacy and online pharmacy are anticipated to face significant growth in forecasting periods.

Geographically, in the year 2016, North America is expected to have a major share of the Non-opioid pain patch market followed by Europe. The growth of the non-opioid pain patch market is majorly driven by the fact of opioid abuse. According to the study of the Centers for Disease Control and Prevention (CDC), almost 91 people die every day from opioid overdose including prescribed opioid drugs. This fact, in turn, drives the non-opioid pain patch market. The healthcare expenditure for the development of new products and patient health awareness attribute to the dominance of the North American region.  The huge population suffering from neurologic disorders, increasing the geriatric population and developing healthcare infrastructure fuel the growth of the non-opioid pain patch market in the Asia-Pacific region and it is expected to face significant growth in upcoming years due to the growing trend of health awareness.

Market Competition Assessment:

The non-opioid pain patch market currently contains multiple companies having their products marketed. The manufacturers are developing new innovative products and the market is growing due to the high adoption and accessibilities of these products. The companies include Teh Seng Pharmaceutical Mfg. Co., Ltd., Endo Pharmaceuticals Inc., Teikoku Seiyaku Co., Ltd., Allergan, Pfizer Inc., Hisamitsu Pharmaceutical Co. Inc., GlaxoSmithKline plc., Mylan N.V., IBSA Institut Biochimque SA, Inc., Acorda Therapeutics and others.

Key Market Movements:

• The rising prevalence of neurological disorder, chronic and acute pain, growing elderly population, increasing adoption of technologically advanced products, healthcare expenditure for R&D to manufacture newer and innovative products, increasing opioid abuse boost up the growth of non-opioid pain patch market.
• The faster and effective outcome from oral medication, lack of product awareness is few of the challenges for the non-opioid pain patch market.

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Market Segmentation

By Patches Type

• Lidocaine Patches
• Diclofenac Patches
• Capsaicin Patches
• Methyl Salicylate Patches
• Others

By Distribution Channel Type

• Hospital pharmacy
• Retail pharmacy/Independent pharmacy
• E-commerce/Online pharmacy

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Non-Opioid Pain Patch Market

Wheelchair Accessible Vehicles Converters Market will be growing at a CAGR of 5.7% during the forecast 2017 to 2025

According to a new market research report published by Credence Research “Wheelchair Accessible Vehicles Converters Market - Growth, Future Prospects, and Competitive Landscape, 2017-2025”, the global market for wheelchair-accessible vehicle converters was valued at US$ 6.16 billion in 2016 and is expected to grow at CAGR by 5.7% over the forecast period from 2017 to 2025.

Market Insights:

Developing technology in the automotive industry has greatly facilitated easy access for a wheelchair in the automotive sector. This has instilled a sense of independence in people with mobility disabilities. Wheelchair accessible vehicles allow a person with a physical disability to board and/or drive a vehicle with minimal or no assistance from another person. Disabled persons and their families prefer to install such systems in order to facilitate free travel by means of modified vehicles. Such vehicles are used for both general and medical purposes in order to provide better healthcare facilities for people with disabilities. As a result, the demand for accessible wheelchair vehicles has increased in the recent past and is expected to increase further in the years to come.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/wheelchair-accessible-vehicle-converters-market

Cases of orthopedic trauma in road accidents have been on the rise in recent years. According to a report published by the World Health Organization (WHO), approximately 50 million people who have suffered non-fatal injuries in road accidents have to face disability as a result of their injuries. The increasing number of mobility-related disability cases is one of the key drivers for the market for wheelchair-accessible vehicle converters. Wheelchair accessible vehicle converter companies have consistently upgraded their product features to provide the disabled person with optimum assistance when boarding the vehicle. Depending on the size of the vehicle, an appropriate access system including a ramp or lift is installed in the vehicle. Other modifications, such as seats, suspensions, floor height, and ground clearance, are appropriately incorporated by the converter companies in such vehicles. All such modifications and modifications to the design of the vehicle require certification from local automotive organizations for safe and comfortable access to wheelchairs. With ever-increasing cases of disabilities and developments in wheelchair accessible vehicles, the market for wheelchair accessible vehicle converters is expected to escalate throughout the forecast period 201-2025.

Competitive Insights:

Wheelchair accessible vehicle converters market is still in its developing stage and is characterized by a number of emerging wheelchair accessible vehicle converter manufacturers. Technology up-gradation and improved ergonomic value of the product is one of the prime focus of wheelchair accessible vehicle converter manufacturers across the world.

Some of the major players in the market include conversions, GM Coachwork, Advanced Mobility, Freedom Motors USA, Vantage Mobility International, Sirus Automotive Ltd, AMS Vans, Inc., Sidewinder Conversions & Mobility Ltd., BROTHERWOOD AUTOMOBILITY LIMITED, Taxi & Bus Conversion Ltd., and Parfit Ltd.

Key Trends:

• A rising sense of independence in disabled people to perform basic tasks such as driving vehicles on their own
• Advanced mechatronics systems aiding in making wheelchair accessible vehicle converters system safe, efficient and economical
• The growing trend of mobility assisting devices and technology

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Market Segmentation

By Entry Point

• Side Entry
• Rear Entry

By Mode of Entry

• Ramp
• Lift

By Vehicle Type

• SUVs
• Trucks
• Others

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Wheelchair Accessible Vehicles Converters Market

Alzheimer’s Therapeutics Market Is Expected To Reach USD 14,856.3 Mn By 2022 | Credence Research

The latest market report published by Credence Research, Inc. “Global Alzheimer’s Therapeutics Market - Growth, Share, Opportunities, Pipeline Analysis, Competitive Analysis, and Forecast, 2016 - 2022,” the Alzheimer's therapeutics market was valued at USD 8.524.9 million in 2015 and is expected to reach USD 14.856.3 million by 2022, increasing to CAGR by 8.02 percent from 2016 to 2022.

Market Insights

Alzheimer's disease is a progressive and currently incurable disease, and potential or supportive treatment has only emerged in the last decade. However, there is a lack of currently available treatments in terms of efficacy or target specificity. There are two types of drug classes used in the treatment of Alzheimer's disease, acetylcholinesterase (ACE) inhibitors, and N-methyl-D-aspartate (NMDA) receptor antagonists. ACE inhibitors are galantamine hydrochloride, dopezil hydrochloride, and rivastigmine; the NMDA receptor antagonist includes mematidine hydrochlorides.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/alzeimers-therapeutic-market

Since the discovery of the plates and tangles of Alzheimer's –amyloid β (Aβ) peptide and hyperphosphorylated tau (p-tau) protein, respectively. Immense research and development have been carried out to develop therapeutics that can reduce the rate of synthesis, reduce toxicity or eliminate these factors from the brain. These attempts have, however, been largely unsuccessful. Thus, given the ever-increasing Alzheimer's prevalent population, as well as the limited drugs available for treatment, Alzheimer's disease offers a lucrative opportunity for effective disease-modifying therapy to enter the market.

Pipeline Analysis

The phase III drugs included in the pipeline analysis are ENA713 (Novartis Pharmaceuticals), Flutemetamol (18F) (GE Healthcare), LY450139 (Eli Lilly and Company), Dimebon (Medivation, Inc. & Pfizer, Inc.), and Aripiprazole/ BMS-337039 (Otsuka Pharmaceutical, Inc.). The overall pipeline for Alzheimer's is still very much dominated by small molecule drugs. However, there is still a considerable number of biologics in the pipeline with a total 86 molecules, represented across all stages of development. According to market experts, the diversity of the several molecule types in the biologic group shows a certain level of innovation, with newer avenues being explored in accounts of recent failures. Overall, late-stage clinical trials have highlighted very few molecules that could potentially replace current treatments during the forecast period.

Key Market Movements:

• Market experts suggest that a family history of Alzheimer’s increases the risk of disease development by 7.5 times
• The incidence and prevalence of Alzheimer’s disease doubles every five years  after age 65 years
• Currently, the population of developed countries is at high risk of Alzheimer due to increasing geriatric population
• In developing countries from the Asia Pacific and Latin America, the awareness related to age-specific diseases such as dementia or Alzheimer is increasing

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Market Segmentation

By Drug Type

• Memantine Hydrochloride
• Donepezil Hydrochloride
• Rivastigmine
• Galantamine Hydrobromide

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Alzheimer’s Therapeutics Market

Global Fire Protection Systems Market Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

According to a new market research report published by Credence Research, “Fire Protection Systems Market - Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global market for fire protection systems is expected to expand to CAGR by 7.8% between 2018 and 2026.

Market Insights

Fire protection systems are devices used to prevent or control and extinguish the fire. Ideally, fire detectors and heat detectors are coupled with an alarm system that alerts employees to the potential risk of fire or explosion due to possible gas leakage. Following the rising occurrence of fire outbreaks at the workplace and the resulting loss of assets, companies across vertical lines have realized the importance of installing state-of-the-art automated safety solutions, including fire protection units. In addition to this apprehension, strict regulations and codes to promote occupational health and personnel safety are instrumental in driving the demand for fire protection systems worldwide.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/fire-protection-system-market

As a result, the need for safety at work for life and equipment remains a key factor driving market demand worldwide. With ever-increasing energy demands, oil & gas exploration activities are on the rise, leading to fire protection systems on-site. In addition, with a significant number of floating liquefied natural gas vessels proposed to be established in the Asia Pacific, demand for fire suppression systems is expected to increase in the coming years. Ongoing trends, including the modernization of existing civil infrastructure, an increase in industrialization and growing popularity of green offices and eco-friendly buildings, are collectively driving demand for safety sensing technologies across vertical lines. All of these factors are expected to contribute positively to the CAGR of 7.8% over the forecast period from 2018 to 2026.

On the other hand, the negative impact on cash flows of oil producers can be seen in the wake of unstable oil prices worldwide. In the event that this situation remains unchanged, it may have a negative impact on the number of upcoming oil & gas projects and the associated demand for safety solutions. The global market for fire protection systems is fragmented and competitive with a large number of players active on the market.

List of Companies Covered:

ABB Ltd

Siemens AG

Honeywell International Inc.

Johnson Controls, Inc.

United Technologies

Robert Bosch GmbH

Hochiki Corporation

Gentex Corporation

Minimax Viking GmbH

VFP Fire Systems, Inc.

Halma PLC

Others.

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Market Segmentation

By End-use Vertical Segment

• Residential
• Commercial
• Oil & Gas
• Industrial Manufacturing
• Transportation
• Government
• Mining & Energy
• Others (Education, Healthcare, etc.)

By Product Segment

• Fire Alarm Systems
• Fire Suppression Systems
• Fire Standpipe Systems
• Others

By Technology Segment

• Active Fire Protection Systems
• Passive Fire Protection Systems

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Key questions answered in this report

• What was the global market size for fire protection systems in 2016 & 2017?
• What is estimated forecast and market projections up to 2026?
• Which is largest regional market for fire protection systems?
• Which end-use vertical has the largest penetration of fire protection systems?
• Which is the most preferred technology used in fire protection systems?
• Predominant trends shaping the global fire protection systems market worldwide?
• Which is the most attractive, promising, and less-explored end-use segment in the global fire protection systems market?
• Who are the leading manufacturers of fire protection systems worldwide?
• What are the key strategies adopted by the leading manufacturers in the global fire protection systems market?

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Nootropics Market will be growing at a CAGR of 17.9% during the forecast 2016 to 2024

According to the latest report published by Credence Research, Inc. “Nootropics Market — Growth, Future Prospects, and Competitive Analysis, 2016–2024,” the global nootropic market was valued at USD 1,346.5 million in 2015 and is expected to reach USD 6,059.4 million by 2024, increasing to CAGR by 17.9 per cent from 2016 to 2024.

Market Insights

Nootropics, also known as cognitive enhancers, are drugs and natural extracts that enhance cognitive functions such as memory, creativity, and motivation in healthy individuals. Nootropics have been available on the market for several decades and have been made from ingredients such as multivitamins and caffeine–substances approved by the FDA as dietary supplements and classified as GRAS (generally considered safe). These products are currently being repackaged, repurposed and sold to academic and professional overachievers to enhance their brain function. Companies operating in this area are primarily successful as lifestyle brands through smart marketing. However, they can only be recognized as healthcare brands after they have developed products that secure regulatory approval, thereby establishing the certified efficacy and safety of their products.

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Among the key applications of nootropics, memory enhancement currently holds the largest revenue share and is expected to continue to lead the segment in the 2016–2024 forecast period. Major factors favoring the demand for memory enhancing nootropics include increasing awareness among students and executives of the promised benefits of nootropics, easy accessibility, and a booming supplement market. Memory-enhancing nootropic drugs enhance learning and memory effects, enhance the ability of learned behaviors to withstand disruption, enhance the effectiveness of brain function and protect the brain from chemical injuries. The Nootropics Memory Enhancement segment was valued at USD 391.6 million in 2015.

Geographically, North America is the largest consumer of nootropics and also the home of the top market players. A large pool of population, a high level of consumer awareness of preventive and cognitive health, the rise of self-directed consumers and the spread of channels are key factors driving the dominance of the North American nootropic market. On the other hand, Asia Pacific is expected to be the fastest-growing regional market for nootropics. While countries like China and India have a long history of natural and herbal cognitive drugs that boost brain function and other body functions, foreign investment in collaboration with local players has shown significant growth in the nootropic market and the overall market for dietary supplements.

Nootropics are a relatively new entrant in the supplements market and are featured by the emergence of several new and niche market entrants. Some of the key players in the global nootropics market are Nootrobox Inc., Cephalon Inc., PureLife Bioscience Co. Ltd., Peak Nootropics, Nootrico, SupNootropic Biological Technology Co. Ltd., AlternaScript LLC, Accelerated Intelligence Inc., Onnit Labs LLC, Powder City LLC, Ceretropics, Nootropic Source, Clarity Nootropics, and several others.

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Market Segmentation

By Application Type

• Memory Enhancement
• Mood and Depression
• Attention and Focus
• Longevity and Anti-aging
• Sleep, Recovery and Dream Enhancement
• Anxiety

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Water Infrastructure and Repair Technology (WIRT) Market Is Expected To Reach US$ 107.8 Bn by 2025

According to a new market report published by Credence Research “Global Water Infrastructure and Repair Technology (WIRT) Market — Growth, Future Prospects, and Competitive Analysis, 2017–2025,” the market value of global water infrastructure and repair technology is expected to reach US$ 107.8 billion by 2025.

Market Insights:

Large water infrastructure networks are now frequently used to update/detect any flaws in the operation of the water infrastructure. In spite of its high costs, the repair and maintenance of the aging infrastructure are covered by the government’s critical tasks. Repair technology companies often propose composite repair solutions for composite piping and infrastructure repair systems. All of these technologies comply with industrial standards.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/water-infrastructure-and-repair-technology-wirt-market

These standards include ASME PCC-2, US DOT 49 CFR (PARTS 192/195), TS / IOS 24817 and NSF / ANSI 61. Increasing awareness of health hazards and sanitation is a key factor in the introduction of new technologies on the WIRT market. The automotive, chemical, refinery, food processing, and other industries are some of the major sectors affecting the natural groundwater. The repair and maintenance of the water infrastructure are carried out more frequently in order to minimize the effects of contamination due to the above-mentioned sectors.

Some of the key factors addressed during the repair and maintenance of the water infrastructure are pipeline inspection and error detection and optimization during the repair and maintenance process. Equipment and technologies used in water and wastewater treatment facilities have improved enormously. WIRT involves groundwater treatment plants, installation of pumping stations, upgrading/rehabilitation of water treatment plants (municipal and industrial installations). In most regions, local agencies are encouraged to set up a record-keeping system to track failures and malfunctions. The system includes a database containing information on the diagnosis of the failure. This helps to have real-time data on repair numbers and also provides the necessary information on planning and policy decisions on infrastructure maintenance, replacement, and the relocation of some of them, among others. The State Water Resources Control Board, regional water quality control boards, local agencies, communities, the private sector, and the public sector are key stakeholders in the implementation of WIRT technologies.

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Trenchless technologies are gaining more momentum on their credits as a cost-effective, less invasive alternative to replacing failing underground (onshore and offshore) infrastructure. Spot assessment and repair technology has advanced technology in place. It is known as CIPP (cured-in-place pipe liner) which is useful for replacing underground structures that are buried deep underground and are relatively old.

The key players in the WIRT market are, but not limited to 3M Company, Aclara Technologies LLC, Action Products Marketing Corp., Advanced Trenchless Inc., Black & Veatch, Brandenburger Liner Gmbh & Co. KG, Brawoliner, EEG Ltd., Electro Scan Inc., KMB Pipe Rehabilitation Emirates L.L.C., Krausz Ltd., Lanzo Trenchless Technologies, Mueller Water Products Inc., and National Liner LLC.

Key Trends:

• The repair technologies companies are today adopting water stewardship strategy so as to anticipate, mitigate and manage risks of changing landscapes and its adverse effects on the water infrastructures
• IoT (internet of things) is widely accepted as it has the pipeline network connected through software-controlled sensors and network connection to get real-time data on the existing and proposed infrastructures.

Market Segmentation

By Infrastructure Type

• Fresh/Potable Water Infrastructure
• Drinking-Water Infrastructure
• Wastewater Infrastructure

By Repair Technology Type

• Remote Assessment and Monitoring
• Open and Cut-Pipe Repair
• Spot Assessment and Repair
• Trenchless Pipe Repair

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Water Infrastructure and Repair Technology (WIRT) Market

Traffic Enforcement Camera Market Size, Share, Growth, Trends, Analysis and Forecast To 2022

According to a new market report published by Credence Research Inc. “Traffic Enforcement Camera Market — Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015–2022,” stringent road safety regulations and increasing efforts to reduce road fatalities across the world are increasing the adoption of traffic enforcement cameras.

The growth of red light and speed enforcement cameras systems is primarily driven by the increasing need to reduce speeding and fatalities in urban areas. In addition, road safety programs to improve motorists, as well as pedestrian safety, is also expected to influence the market growth in the future. Deployment of red light and speed camera improves traffic flow and driving habits.

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Countries across the world are continuously focusing on increasing road safety and security. The developed regions such as the U.K, U.S, and Japan several others are using this camera at a huge scale to improve the traffic regulation. The governments of developing countries such as China, Canada, India, South Africa, and Mexico among others are encouraging the use of traffic enforcement cameras to reduce traffic guideline violations. In the future, the enforcement cameras market is expected to grow at a faster pace in the developing region as the intelligent transport system is encouraged by the government to increase safety awareness among people.

India is focusing to reduce the number of accidents by installing red-light cameras at a major intersection in major cities. In 2011, Chennai has started installation of red light cameras at 240 intersections. Bangalore has also installed 5 red-light cameras to determine the impact of these cameras on road safety. In addition, several speed enforcement cameras are installed at expressways to reduce speeding. At the end of 2012, India has about 1,029 units of red light and speed enforcement cameras. India has a huge potential base for these cameras. Russia is one of the emerging countries in the world and the traffic level in the country has grown rapidly in the last two decades. Several transportation authorities in Russia are deploying speed enforcement cameras to reduce the number of traffic causalities.

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The global traffic enforcement cameras industry comprises large numbers of domestic and international players through its value chain. American Traffic Solutions, Inc. (ATS), REDFLEX Traffic Systems, XEROX Services, and TomTom NV are some of the established players in the global traffic enforcement camera market.

Some other major players in the global market include SWARCO Traffic Ltd, Jinan Zhiye Electronic Co., Ltd. GATSO Deutschland GmbH among others.

Market Segmentation

By Product Type

• Speed Enforcement
• Red Light Camera
• Bus Lane Enforcement Camera
• Number Plate Recognition
• Others (Stop Sign Enforcement, Parking, Congestion Charges, etc)

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Traffic Enforcement Camera Market

Polybenzimidazole Fiber Market is set to grow with a CAGR of 7.2% during the forecast period 2017 to 2025

According to a new market report published by Credence Research “Global Polybenzimidazole Fiber Market — Growth, Future Prospects, and Competitive Analysis, 2017–2025,” the Polybenzimidazole Fiber market is expected to expand at a CAGR of 7.2% from 2017 to 2025. The growing use of PBI fiber as flame retardant fabrics in automotive and aerospace applications is driving the market to a great extent.

Market Insights

Polybenzimidazole is defined as a high-performance polymer with high thermal stability and is widely available in forms such as fibers, resins, and composites. Polybenzimidazole fiber is a synthetic fiber that retains its flexibility, dimensional stability, and strength at extremely high temperatures and in applications requiring high wear and strength. These fibers are widely utilized in applications such as high heat insulator bushings, valve seats and electrical connectors in aircraft engines, thus driving the market growth. High wear resistance, the capability of carrying loads and retention of electrical properties at high temperatures have surged its application among the electronic sector. Feature of ultrasonic transparency exhibited by these fibers makes it an ideal choice in probe tip lenses in ultrasonic measuring equipment.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/polybenzimidazole-fiber-market

The market is witnessing significant growth owing to its high flame and heat resistance characteristics which allow it to hold the strength and remain flexible even after exposure to high temperatures. PBI fibers are witnessing great demand in high-temperature protective apparel such as space suits, industrial gloves, welder’s apparel, etc. Additionally, PBI witnesses massive applications in the manufacture of fuel cell membranes in batteries. Sulfonated PBI fibers are dipped in an acidic solution where fibers of fabric swollen, leading to drying of fabric and formation of ultra-fine fibers. These fibers are categorized by exceptional electrochemical and mechanical properties, thus enhancing battery performance.

Competitive Insights

The polybenzimidazole fiber market is defined as one of the greatest innovations of the high-performance fiber industry as a synthetic fiber and is characterized by the presence of limited key players. Moreover, key players are involved in strengthening their partnership across the value chain by motivating distributors by turning their attention over monetary requirements. Furthermore, the market is in developing stage categorized by low power of backward integration as high-performance fire-resistant apparel manufacturers will not manufacture PBI fibers themselves.

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Major Key players present in the market include Atkins & Pearce, Bally Ribbon Mills (BRM), TenCate Protective Fabrics, PBI Performance Products, Dupont, Celanese Corporation and other notable players.

Key Trends

• Increasing demand for Polybenzimidazole fiber in the aerospace industry.
• Rising demand for PBI fibers in the renewable energy sector.
• The Asia Pacific offers major market growth potential.

Market Segmentation

By Type

• Filament
• Staple Fiber
• Chopped

By Application Type

• Aerospace and Defense
• Chemical
• Medical
• Automobiles
• Textiles
• Others (Industrial Uses and Energy)

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Irritable Bowel Syndrome With Diarrhea (IBS-D) Drugs Market Is Expected To Reach US$ 1,115.06 Mn by 2022

The latest market report published by Credence Research, Inc. “Global Irritable Bowel Syndrome with Diarrhea (IBS-D) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016-2022,” the irritable bowel syndrome with diarrhea (IBS-D) drugs market was valued at USD 289.3 Mn in 2015, and is expected to reach USD 1,115.06 Mn by 2022, expanding at a CAGR of 13.89% from 2016 to 2022.

Market Insights
Recent approvals for two new prescription drugs to treat irritable bowel syndrome with diarrhea (IBS-D) have become the biggest phenomenon in the IBS-D drugs market. These approvals are viewed as a breakthrough step in the long struggle to discover an effective treatment for IBS-D.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/irritable-bowel-syndrome-ibs-with-Diarrhea-drugs-market

Viberzi (eluxadoline) assists in controlling bowel contractions thus containing diarrhea, whereas Xifaxan (rifaximin) is an antibiotic that treats diarrhea by altering the gut flora. Xifaxan had been used off label for treating IBS-D, thus direct approval for treating IBS-D will lead to growth in demand for Xifaxan during the forecast period. Drugs such as loperamide will experience a slack in demand due to the introduction of the said novel drugs.

Geographically, North America is the largest market for IBS-D drugs. Higher awareness about the disease, expected prompt availability of the newly approved drugs, better reimbursement system, and higher IBS prevalence are the prime factors that drive the IBS-D drugs market in North America. On the other hand, Asia Pacific is expected to be the fastest-growing regional market for IBS-D drugs. It is estimated that the Asia Pacific market will progress at a CAGR of approximately 17% during the forecast period 2016-2022. Japan with its largest pool of geriatric population and with the anticipated approval for Xifaxan in 2018 makes the country the largest national market in the Asia Pacific region. In addition, it is also estimated that due to factors such as moderate purchasing power in the patient population, lower diagnosis rates, and poor disease awareness will contribute to sustained demand for OTC IBS-D drugs in the region. Regions such as Latin America and MENA are believed to follow the trends in Europe and North America market.

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Commenting on the competitive scenario, the IBS-D drugs market is fragmented with no clear leader in terms of market revenue share. However, it is expected that with gradual approvals in the international markets, Valeant (Salix Pharmaceuticals) will emerge the market leader in the overall IBS drugs market with products for both IBS-D and IBS-C treatment.

Market Segmentation

By Drugs Type

• Eluxadoline
• Alosetron
• Rifaximin
• Loperamide
• Diphenoxylate + Atropine
• Dicyclomine and Hyoscyamine
• Pipeline Drug Analysis: Ibodutant
• Pipeline Drug Analysis: Ramosetron

By Prescription Type

• Prescribed and OTC Drugs
• Prescribed Branded and Prescribed Generic Drugs

By Geography Segment Type

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

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Medium Blog: Irritable Bowel Syndrome With Diarrhea (IBS-D) Drugs Market