Wednesday, August 1, 2018

Oncology Biosimilars Market Size, Share, Growth, Strategies, Analysis and Forecast 2018 To 2026

The latest market report published by Credence Research, Inc. “Oncology Biosimilars Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global oncology biosimilars market was valued at US$ 1,651.5 Mn in 2017 expanding at a CAGR of 28.3% from 2018 to 2026.
Browse the full report Oncology Biosimilars Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  http://www.credenceresearch.com/report/oncology-biosimilars-market
Market Insights
According to the U.S. Food and Drug Administration (FDA), biosimilar is a biological product that is highly similar to an existing, approved reference product and has no clinically meaningful differences. Biosimilars are approved according to the same standards of pharmaceutical quality, safety and efficacy that apply to all biological medicines. The number of biosimilar approvals soared in the United States as five of nine approved biosimilars across different disease conditions received U.S. FDA approval. Furthermore, U.S. witnessed the approvals of oncology biosimilars such as Amgen’s Mvasi (bevacizumab-awwb), a biosimilar to Genentech’s Avastin for the treatment of lung, colorectal, kidney, brain and cervical cancers; and Mylan’s Ogivri (trastuzumab-dkst), a biosimilar to Herceptin for treating breast cancer, gastric cancer, and gastrointestinal cancer. The USFDA is determined to increase biosimilar approvals, especially for cancer as cancer treatment imposes a high cost burden on patients. Although the prices of oncology biosimilars are less compared to biologics, the savings are not on the same scale as compared to generics and patented non-biological drugs. Savings of 20% - 30% compared to the reference biologic product have been observed in major markets such as Europe and North America, making biosimilars as a lucrative alternative.
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In terms of drug class, the granulocyte colony-stimulating factor (G-CSF) held the largest share in the oncology biosimilars market owing to its early approvals in Europe and U.S. However, monoclonal antibodies class expected to grow at a highest growth rate and emerge as the largest market in 2026 due to recent approvals of Mvasi (bevacizumab-awwb) and Ogivri (trastuzumab-dkst) in the United States. Moreover, robust pipeline and patent expiration of major biologics during the forecast period would further assist the market growth of monoclonal antibodies. In terms of disease condition, neutropenia led the market due to approvals of filgrastim and Peg-filgrastim to multiple pharmaceutical companies in Europe and Asia Pacific. However, breast cancer is projected to proliferate at a humungous rate due to high prevalence of breast cancer globally and recent approval of trastuzumab in Europe and North America.
Europe dominated the global oncology biosimilars market in 2017 due to presence of approved oncology biosimilar such as filgrastim, trastuzumab and rituximab in the region. Moreover, the European Medicines Agency (EMA) have put forth guidelines for the approval of biosimilars through regulatory bodies such as European Society of Medical Oncology (ESMO). North America is anticipated to exhibit rapid growth in oncology biosimilars market due to market entry of breakthrough oncology biosimilars and vigorous pipeline expected to hit the market during the forecast period. The prominent players actively engaged in the oncology biosimilars market are Samsung Bioepis, Celltrion Inc., Biocon, Dr. Reddy’s Laboratories Ltd., Intas Pharmaceuticals Ltd., STADA Arzneimittel AG, Pfizer Inc., Sandoz Inc., Teva Pharmaceutical Industries Ltd., Apotex Inc., and BIOCAD. Robust pipeline and ongoing clinical trials in U.S. and Europe are driving the oncology biosimilars market. For instance, Pfizer has six biosimilars in phase III of clinical trials, testing for drugs such as Rituxan/MabThera, Herceptin, Avastin and Humira
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Key Market Movements:
  • Rising prevalence of cancer worldwide
  • Recent FDA approved biosimilars contributing towards the growth of oncology biosimilars market
  • Patent expirations of major biologics leading to inclination of generic pharmaceutical companies to venture in biosimilars
  • Partnerships and collaboration between biopharmaceutical companies to increase research and development of biosimilars
  • Robust pipeline of oncology biosimilars anticipated to enter the market by 2020 will also assist market growth
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Agriculture Sensors Market Share, Size, Growth, Analysis & Forecast with Upcoming Trends 2018-2026: Credence Research

According to a new market report published by Credence Research Inc “Agriculture Sensors Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2026,” the global agriculture sensors market is expected to witness significant growth with increasing deployment of precision agriculture technologies to increase agriculture productivity. Farmers across the world are shifting towards advance agricultural practices from traditional farming methods and adopting modern technologies and equipment to improve yield productivity.
Browse the full report Agriculture Sensors Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/agriculture-sensors-market
 The rising deployment of smart farming practices and advanced monitoring solutions is supporting the demand for sensor solutions in agriculture sector. In addition, manufacturers are focusing on developing sensor solutions for small size farm which is expected to proliferate the demand for sensors in agricultural applications. Moreover, use of sensor technologies in farm machineries, vehicles and farm management systems also expected to support the growth of this market throughout the forecast period. In addition, increasing support from the governments of major agricultural nations to develop essential infrastructure to increase deployment of precision farming technologies is also expected to spur the demand for agriculture sensors throughout the forecast period. The global market for agriculture sensors is expected to cross US$ 2.75 Bn by 2026 at a CAGR of 12.5% throughout the forecast period from 2018 to 2026.
North America is the largest regional market for agriculture sensors market in 2018. Strong government support to increase agriculture production, availability of supporting infrastructure as well as acceptance of smart and precession farming methods increased deployment of advance agriculture solutions in the U.S and Canada. Large size farmers in North America and European countries benefited significantly with the use of precision farming methods and now medium and small size farms are also steadily increasing investment in precision and smart farming methods to increase their productivity. Asia Pacific is expected to witness significant growth throughout the forecast period as major countries are focusing on to increase awareness about the benefits of precision farming methods. India and China are expected to be the major markets for agriculture sensors with presence of large agricultural land and increasing deployment of precision and smart farming methods to meet rising agricultural production demand. 
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Yield monitoring is the largest application segment for agriculture sensors. Farmers in developed market are increasingly investing in yield monitoring solutions to monitor crop yield and take necessary decision to increase productivity and reduce loses. Sensors used in irrigation applications are expected to witness considerable growth as farmers across the world are investing in advanced water management solutions.  
The global agriculture sensors industry characterized as fragmented and comprise of large number of local as well as international players in each region. Some major players in the global agriculture sensor market include Texas Instruments Inc, Auroras s.r.l., Robert Bosch GmbH, AG Leader, Avidor High Tech, Libelium Comunicaciones Distribuidas S.L, Ag Leader Technology, Sol Chip Ltd, Pycno Agriculture, CropX Inc, Trimble Inc, Sentera, LLC., The Yield Pty Ltd and others.
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Monday, July 30, 2018

Automotive Parts Remanufacturing Market Size, Share, Growth, Trends, Key Players, Competitive Analysis, Strategies and Worldwide Forecast 2017 to 2025

According to a new market research report published by Credence Research “Automotive Parts remanufacturing Market (By Type: Remanufacturing With Identity Loss, Remanufacturing Without Identity Loss and Remanufacturing by Recoating Worn Parts; By Component: Mechanical, Electrical and Others) - Growth, Future Prospects, and Competitive Landscape, 2017-2025”, automotive parts remanufacturing market was valued at US$ 33.16 Bn in 2016 and is estimated to grow at a CAGR of 6.6% from 2017 to 2025.
Browse the full report Automotive Parts Remanufacturing Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/automotive-parts-remanufacturing-market
Market Insights:
Remanufacturing of automotive components is a form of the recovery process to remanufacture a machine part or component that would match the customer’s expectation as a replacement. Automotive parts remanufacturing offers a variety of benefits to the modern day automobile industry. Economic benefits for both remanufacturing companies as well as the customers are considered as the biggest driver for the overall automotive parts remanufacturing market. Remanufacturing aids in reducing cost pertaining to major parameters such as material, machining, production time, energy, fuel and labor costs, among other. In addition, present-day automobiles are made flexible in a way so that they can easily incorporate remanufactured parts without affecting the performance of the vehicle. The aforementioned factors have created a positive impact on the demand for remanufactured automotive parts. Consequently, the demand for remanufactured automotive parts is expected to grow consistently throughout the forecast period.
Apart from economic benefits, factors such as limitation of natural resources such as metals and other earthy elements is another major driving factor for the promotion of automotive parts remanufacturing. The remanufacturing of parts has created a positive impact on the environment in a variety of ways. Remanufacturing of auto parts has helped to conserve energy by reducing the amount of work to be done on the raw material to manufacture a new component. In addition, reducing the use of raw materials, reducing landfill space and reduction in air pollution are few of the many merits offered by the process of automotive parts remanufacturing. Therefore, with growing importance of environmental conservation, the demand for remanufactured automotive parts is expected to escalate consistently in the following years.
Competitive Insights:
Automotive parts remanufacturing market is a well-established market with a number of local as well as international players characterizing the market. Business expansion by expanding the sales and distribution network in new and emerging markets in the Asia Pacific and Latin America regions has been one of the prime strategy adopted by the major automotive parts remanufacturing companies. Major players in the market include Caterpillar Inc., Robert Bosch GmbH, ZF Friedrichshafen AG, BORG Automotive A/S, Detroit Diesel Corporation, Motorcar Parts of America, Inc., Marshall Engines, Standard Motor Products Inc., Cardone Industries Inc., Genuine Parts Company, Maval Manufacturing Inc., ATC Drivetrain Inc., Teamec BVBA, Ander Niermann, and Jasper Engines and Transmissions.
Key Trends:
  • Growing trend of recycling and reusing the parts to prevent unnecessary landfills
  • Use of advanced machining processes to attain optimum quality of remanufactured automotive parts so as to be comparable to new parts
  • Expansion of sales and distribution network by the remanufacturing companies to capitalize new and emerging markets
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Brush Cutters Market Size, Share, Growth, Trends, Key Players, Competitive Analysis, Strategies and Worldwide Forecast 2017 to 2025

According to a new market research report published by Credence Research “Global Brush Cutters Market (By Product Type: Gas Engine Brush Cutters and Electric Brush Cutters; By Application: Residential and Commercial) - Growth, Future Prospects, and Competitive Landscape, 2017-2025”, global brush cutters market was valued at US$ 12.85 Bn in 2016 and is estimated to grow at a CAGR of 4.3% from 2017 to 2025.
Browse the full Global Brush Cutters Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/brush-cutters-market
Market Insights
Brush cutters are the gardening equipment used to cut short the long grass and weeds. Brush cutters are generally used to clear vast fields covered by tall grass and other small plants that grow beyond the required limits if left untreated. The brush cutters market is primarily driven by increasing expenditure on maintaining commercial yards and lawns. In addition, local municipalities make use of heavy duty motorized brush cutters in order to maintain public parks and gardens. Additionally, the market growth is supported by the availability of a wide range of products in the market catering to numerous diverse applications. With the wide array of brush cutters available in the market, various end-users have numerous options to choose from in order to meet their specific requirements.
The perpetual development in technology and continuous advancement in design is one of the key market trends observed in the overall brush cutters market. Manufacturers have been focusing on developing their products for improved productivity, better fuel efficiency, convenience and reduced costs. In addition, equipment with longer maintenance intervals and extended engine life are also being developed by the manufacturers. Consumer inclination towards cleaner and zero-emission brush cutters is another major trend observed in the overall brush cutters market. The use of electric brush cutters is increasingly being preferred by customers since past few years and is expected to continue even further in the following years. Additional safety features are being provided by the manufacturers to make the lawn maintenance experience safer and efficient for the customers.
Competitive Insights:
Brush cutters market is a well-established market with a number of local as well as international players present in the global market. Many brush cutter manufacturers have been engaged in the development and promotion of electrical brush cutters. Business expansion by expanding sales and distribution network in new and emerging markets in the Asia Pacific and Latin America regions has been one of the prime strategy adopted by the major brush cutters companies. Major players in the market include Husqvarna Group, Honda Seil Power Products, Robert Bosch GmbH, STIHL, ECHO INCORPORATED, BILLYGOAT (Briggs & Stratton Corporation), Shindaiwa, RedMax, Vail Products and Stanley Tools.
Key Trends:
  • Increasing demand for commercial lawn mowing and gardening services resulting in higher demand for brush cutters
  • Rising inclination of consumers towards electrical brush cutters
  • Expansion of sales and distribution network by the manufacturing companies to capitalize new and emerging markets
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Boom Irrigation Systems Market Size, Share, Growth, Trends, Key Players, Competitive Analysis, Strategies and Worldwide Forecast 2017 to 2025

According to a new market research report published by Credence Research “Boom Irrigation Systems Market (Application – Vegetables & Fruits, Flower & Ornamental Crops and Nursery Crops & Herbs) – Growth, Future Prospects and Competitive Analysis, 2017 - 2025”, the global boom irrigation systems market is set to expand with a CAGR of 7.6% through the forecast period of 2017 to 2025.
Browse the full Global Boom Irrigation Systems Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/boom-irrigation-systems-market
Market Insights
Boom irrigation is among the most dynamic development in the overall micro irrigation systems industry. The system comprises a series of pipes connected with sprayers/micro-sprinklers that apply water by traveling over the plants. Boom irrigation systems are designed for high efficiency and accuracy in water application. Most of the boom irrigation systems include an irrigation controller that allows speed alteration, selecting areas to be irrigated and multiple passes over a given area. Some of the systems also include sensors capable of detecting mechanical failures and fluctuations in water pressure.
One of the most significant factors fueling the boom irrigation market growth is the steadily rising use of greenhouses and polytunnels in crop cultivation. Greenhouses enable crop cultivation irrespective of the season. With the growing food demand, greenhouses and polytunnels are expected to witness higher adoption in the following years. In addition, modernizing agriculture sector demands more efficient irrigation systems that involves less human labor and high efficiency. This would trigger the demand for boom irrigation systems during the forecast period. Another major factor driving the market growth is the superior advantages of boom irrigation over other methods used in greenhouses.
The most prominent advantage of using boom irrigation is the extreme uniformity in water application. Since the system is either self-propelled or towed, the overall operation is relatively less labor intensive. Additionally, boom irrigation vendors typically provide customized designs. Thus, consumers can have their irrigation system designed as per the farm size, crops and weather conditions. Nevertheless, high initial costs required for installing boom irrigation system is the major factor hindering the market growth.
The global boom irrigation systems market is segmented on the basis of applications and geographic regions. On the basis of applications, the market is segmented into vegetables & fruits, flower & ornamental crops and nursery crops & herbs. As of 2016, the market is led by the vegetables & fruits segment, contributing to more than forty percent of the total market revenue.
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Quantum Sensors Market Size, Share, Growth, Trends, Key Players, Competitive Analysis, Strategies and Forecast 2017 to 2025

According to a new market report published by Credence Research Inc “Quantum Sensors Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023,” the quantum sensors market worldwide was valued at US$ 104.2 Mn in 2016, and is expected to reach US$ 1,745.8 Mn by 2025, expanding at a CAGR of 36.7% from 2017 to 2025. The quantum sensors are used to measure and detect photosynthetically active radiation (PAR) which represents a spectral range from 400 to 700 nm of the sunlight. The measure and detection of PAR enables research scientists and farmers to assess plant growth and improvement in various natural areas, greenhouses, coral aquariums and growth chambers. Thereby, quantum sensors have found numerous applications in agricultural and agronomic research.
Browse the full report Quantum Sensors Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/global-quantum-sensors-market
With increasing pressure on the existing agricultural lands, it has become imperative to achieve enhanced productivity and quality of crops from limited area. In addition, on-going climatic changes have compelled researchers and scientist to detect and measure PAR levels in various forest, agricultural and cultivation areas. The PAR or quantum sensors have offered a viable solution for researchers to effectively detect and measure PAR levels in the received sunlight at any time of the day. Researchers have been making use of various single and line sensors which they can integrate into a network and measure PAR levels across a wide area. Other large scale end-users can make use of integrated PAR detection solutions which can be directly used in various applications. Companies providing PAR detection solutions have been working closely with various quantum sensor providers while designing their products. Such companies make use of sensors manufactured by providers including Li-Cor, Apogee, Biospherical Instruments and Sea-Bird Scientific, among others and integrate them with other components such as meters and data loggers.
Global warming and general scientific curiosity towards our ecosystem have resulted in numerous environmental studies in some of the leading institutes and organizations across the world. Increasing investments towards research studies on both land and aquatic plants have resulted in the growing demand for quantum sensors. The PAR sensors are widely used in various outdoor and greenhouse applications for closely measuring and monitoring growth of plants under varying PAR levels. In addition, water-proof quantum sensors have proved immensely helpful in studying and understanding growth and evolution of various aquatic corals. Thereby, the overall quantum sensors market is expected to witness significant growth during the forecast period from 2017 to 2025.
Moreover, increasing investments towards agricultural and agronomic research have led to the growing adoption of quantum sensors in studying plant growth. Numerous institutes across the world have been making use of quantum sensors to study the behavior of various plant species in various intensities of sunlight. This has enabled numerous researchers from fields including agriculture, horticulture and solar energy, among others to study the effect of PAR at different times in the day.
Some of the key players in the global quantum sensors market include include LI-COR, Inc., Spectrum Technologies, Inc., Apogee Instruments, Inc., Irradian Ltd., Mesotech International, Skye Instruments Ltd., Decagon Devices, Inc., Impedans Ltd., Virtual Electronics Company, Sea-Bird Scientific, Biospherical Instruments Inc., ADCON TELEMETRY and others. The perpetual evolution in farming techniques has given a subsequent boost to the use of modern sensors for increased cultivation with limited resources. Quantum sensor manufacturers are trying to come-up with new and improved version of sensor. The sensor are becoming more technically advance with real time data collection and interpretation. Thus, manufacturers providing quantum sensors are facing cut-throat competition to remain dominant in the market.
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Allergy Diagnostics And Treatment Market Growth, Share Is Expected To Reach US$45 Bn By 2025

According to the latest market report published by Credence Research, Inc. “Allergy Diagnostics and Treatment Market - Growth, Future Prospects, and Competitive Analysis, 2017 - 2025,” the global allergy diagnostics and treatment market was valued at US$ 26,915.8 Mn in 2016, and is expected to reach US$ 45,018 Mn by 2025, expanding at a CAGR of 5.6% from 2017 to 2025.

Browse the full report Allergy Diagnostics and Treatment Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/allergy-diagnostics-and-treatment-market

Market Insights

 Allergy can be of various forms such as food allergies, asthma, rhinitis, conjunctivitis, eczema, urticaria, eosinophilic disorders, drug and insect allergies. It is observed that around 300 Mn people suffer from asthma and 200-250 Mn suffer from food allergies. The complexity and severity of allergies, especially asthma is on rise in young population, who are carrying the largest burden. Almost 400 Mn individuals suffer from rhinitis and one-tenth population suffers from drug allergies. Patients with allergic disease experiences reduced quality of life, and further increase in burden of mortality and morbidity. Rise in prevalence of allergic diseases and asthma worldwide, especially in developing countries is the main driver for the growth of allergy diagnostics and treatment market. Urbanization, increase in environmental risk factors such as pollution, smoking, reduced biodiversity are some of the major contributors for observed upsurge in prevalence of allergies.

The global allergy diagnostics and treatment market is segmented by diagnostic product type into instruments, consumables, services and other allergy diagnostics products. Among these, consumables occupy the largest share of allergy diagnostics market. On basis of test type it is further segmented as in vivo and in vitro test. In vivo test is the most preferred test type, thus occupying the largest revenue share in the global allergy diagnostics. The global allergy diagnostics and treatment market is also segmented by allergen type into food, inhaled, drug and other allergens. Inhaled allergen dominates the allergy diagnostics and treatment market, due to rise in pollution and urbanisation.

According to treatment type, this market is segmented into antihistamines, autoinjectables, epinephrine, corticosteroids, decongestants, immunomodulators, immunotherapy, leukotriene inhibitors, mast cell stabilizers and nasal anticholinergics. Antihistamine is the most widely used drug for allergy treatment, thus dominating the global allergy treatment market.
As of the current market scenario, North America dominates the global allergy diagnostics and treatment market followed by Europe. In U.S., almost half of the population suffers from some or the other form of allergy, leading by 5th rank in chronic diseases. Around 15 Mn Americans suffer from food allergies. Increasing prevalence of allergic diseases, increased healthcare expenditure, improved medical insurance policies are the main growth factors for allergy diagnostics and treatment market in North America. Asia Pacific is the fastest growing allergy diagnostics and treatment market in the forecast period.

Market Competition Assessment:

 Key players in the global allergy diagnostics and treatment market are Alcon Laboratories, Inc., BioMerieux, Inc., Danaher Corporation, Hitachi Chemical Diagnostics, Inc., HOB Biotech Group Co., Ltd, Hycor Biomedical, Inc., Lincoln Diagnostics, Inc., Omega Diagnostics Plc, Siemens Healthcare Diagnostic, Inc., Stallergenes Greer, Inc., Thermo Fisher Scientific, Inc and others

Key Market Movements:

 -  Prevalence estimate of world population is in range between 10% - 40% according to the World Allergy Organisation (WAO), which is the main driving factor for allergy diagnostics and treatment market
-  Global warming, changing climate due to pollution is one of the major reasons for the surge in allergic respiratory diseases
- According WHO studies around 300 Mn individuals suffer from asthma and it is predicted to rise upto 400 Mn by 2025, that would further increase the demand for allergy diagnostics and treatment solutions

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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,...