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Showing posts from October, 2018

Medical Polymers Market Is Forecast To Reach $17.05 Billion By 2020

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San Francisco, 31 October 2018 - According to a report by Grand View Research, Inc., global medical polymers market is anticipated to value USD 17.05 billion by 2020. Growing requirement for durable and light weight medical devices and equipment is anticipated to propel demand for medical polymers. These polymers are likely to chemical inertness and superior fatigue resistance, low cost, and high flexibility. High demand for advanced medical instruments attributed to rising cases of chronic diseases can surge demand for medical polymers over next few years. Rising healthcare expenditure coupled with increasing number of hospitals and medical centers globally can fuel growth of market. Growing need for surgical instruments such as clamps, gloves, syringes, medical bags owing to rising adoption of surgeries among patients can influence market growth. Increasing number of geriatric population globally liable to chronic diseases are likely to fuel demand for medical devices and equi...

Medical Device Testing Services Market Opportunities To Reach $13.4 Billion By 2025

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San Francisco, 31 October 2018 - According to a report published by Grand View Research, Inc.; the medical device testing service market is expected to reach a valuation of around USD 13.4 billion by 2025. Strict regulatory standards related to user safety and high demand for good quality products can propel the market over the forecast period (2014 to 2025). In addition, substantial rise in preclinical expense for pharmaceutical as well as medical device is expected to support the market growth. Increasing complexity in product design along with strict regulatory policies is one of the crucial trends driving the market growth. Factors such as introduction of personalized medicines, artificial intelligence, drug device combinations, wearables, and real-time patient monitoring have led to complex medical device ecosystem. This has increased the need for testing services to get approvals in the market. In-house testing is not possible to many companies as it may take more ti...

Industrial Valves Market Analysis To Reach $145.87 Billion By 2025

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San Francisco, 31 October 2018 - The global  industrial valves and actuators market  size is expected to reach USD 145.87 billion by 2025 at a 4.14% CAGR over the forecast period, according to a study conducted by Grand View Research, Inc. Growing demand in the industrial sector, technological advancements propelling use of smart valves and actuators, and stringent government regulations have bolstered market growth. Adoption of industrial valves and actuators has been on a continuous rise owing to the benefits they offer in controlling temperature and pressure throughout downstream, midstream, and upstream activities. Thus, growing oil and gas exploration activities have triggered demand for industrial valves and actuators. Increasing global water stress, coupled with industrial wastewater disposal in aquatic ecosystems, has led to urgent need for water reclamation. In order to curb these rising issues, demand for effective treatment equipment systems have increased, ...

Biometric Sensor Market Future To Reach $1.83 Billion By 2024 | Leading Players Precise Biometrics AB, IDEX ASA

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San Francisco, 31 October 2018 - The global  biometric sensor market  size is expected to reach USD 1.83 billion by 2024, according to a new report by Grand View Research, Inc. Technological proliferation and increasing demand in commercial buildings, consumer electronics, and banking applications are expected to drive the market growth. The development of advanced multimodal techniques for biometric authentication and recognition techniques, which employ verification of more than one biometrics enabling increased security levels across the end-use applications, is driving industry growth. The use of biometric Sensor in consumer electronic devices, such as smartphones and tablets, has resulted in an exponential increase in the sensor shipments. North America Biometric Sensor Market revenue by end-use, 2015 - 2024, (Revenue, USD Million) End-users are increasingly adopting the advanced sensing and authentication technologies aimed at restricting unauthorized ac...

Speech Analytics Market Worth $1.64 Billion By 2025 | Key Industry Players Call Miner, Nexidia

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San Francisco, 31 October 2018 - The  speech analytics market  is expected to reach USD 1.64 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to witness a robust growth exceeding a CAGR of 10% over the forecast period. This growth is ascribed to the increasing emphasis by organizations on improving the market intelligence capabilities along with the growing prominence of voice in the multi-channel world. The number of contact centers is increasing, resulting in industry players to innovate speech analytics solutions, which help companies understand the changing customer requirements. The technology has been increasingly adopted in consumer electronics devices, including laptops, smartphones, and tablets, as it significantly increases the enterprise’s scope as well as improves performance. This, in turn, has resulted in elevating adoption of speech analytics solutions worldwide. In addition, upcoming technologies, such as voi...

Nitrous Oxide Market Is Estimate To Reach $1.47 Billion By 2025

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San Francisco, 30 October 2018 - According to a report published by Grand View Research, Inc.; the global nitrous oxide market is expected to reach a valuation of around USD 1.47 billion by 2025. Factors like high prevalence of chronic diseases and increasing geriatric population in major economies are anticipated propel the market over the forecast period (2014 to 2025). Growing demand from various industries such as electronics, automotive, and food and beverages is projected to propel market growth. In medical industry, nitrous oxide is used in surgery and dentistry procedures as an anesthetic and analgesic. It is used as a dissociative anesthetic due to its outstanding euphoric effects on inhaling. Nitrous gas is a non-flammable gas and can be used in non-medical applications including food processing, semiconductor industry, and racing cars. The wide scope of application is anticipated to bode well for market expansion over the forecast period. However, strict regulat...

Multi Mode Receiver Market Chances To Reach $1.3 Billion By 2025

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San Francisco, 30 October 2018 - According to a report by Grand View Research, Inc., global multi-mode receiver market is anticipated to value USD 1.3 billion by 2025. Growing requirement for aircrafts equipped with modern technologies attributed to increasing air passenger traffic is anticipated to propel demand for multi-mode receiver (MMR). It is likely to enhance positioning, landing, and navigation capabilities of aircrafts. In addition, installation of MMR can overcome problems in aircrafts related to multipath interference and support advanced navigation standards such as GLS CAT II/III and WAAS LPV. This, in turn, can enhance safety factor in aircrafts. Capability of MMR to combine various navigation functionalities into single and compact unit can fuel growth of market. It can reduce cost of ownership of equipment, power consumption, weight, and size. Favorable initiatives taken by airlines globally to modernize their aircrafts is expected to impel market growth over ...

Smartwatches Market Study To Reach $19.62 Billion By 2020

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San Francisco, 30 October 2018 - The global  smartwatches market  is expected to reach USD 19.62 billion by 2020, according to a new study by Grand View Research, Inc. Growing companion device demand is expected to give impetus to demand for smartwatches. Increasing percentage of health/fitness conscious population has resulted in high demand for wearable fitness monitoring and tracking devices, including smartwatches.                       Global Smartwatches Market, by Region, 2013 The number of industry participants is expected to increase manifold over the next six years. In addition to startups, the expected entry of established companies is estimated to significantly fuel market growth. Ensuring usability and visual appeal is a critical factor for enabling product adoption on a global level. Furthermore, managing the tradeoff between battery life and performance is critical for profitability. Browse Res...

Mobile Robotics Market Analysis By Product (Unmanned Surface Vehicles (USVs), Autonomous Underwater Vehicles (AUVs))

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San Francisco, 30 October 2018 - According to a new study by Grand View Research, Inc., global  mobile robotics market  growth can be attributed to increased adoption in military & defense applications. Commercialization of automated cars due to technological advancement in mobile robotics is expected to drive the market over the next six years. Favorable regulatory scenario, including funds and grants for promoting the robotics industry is also expected to positively impact the global market. Availability of open source platforms coupled with reduction in sensor and camera prices is expected to propel demand for domestic mobile robots such as vacuum cleaners and lawn mowers. Scarcity of experts equipped with the skill sets required for R&D may pose a challenge to mobile robotics market growth. Relatively low market penetration coupled with growing demand from end-use industries is expected to be a growth opportunity for key industry participants. Brow...

Plastic Additives Market Value $62.50 Billion By 2022 | Key Industry Players DuPont, ExxonMobil Chemical

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San Francisco, 30 October 2018 - Global  plastic additives market  is expected to grow significantly at a CAGR of 4.5% from 2015 to 2022, owing to their ability to enhance performance, appearance, and processability of various polymers. Increasing demand for these additives is directly proportional to the growing consumption of polymers across the globe.The global plastic additives market size was 13.18 million tons in 2014. North America plastic additives market revenue by function, 2012-2022, (USD Million) Additives are used with different polymers in order to result in maximum output and increase the life span of the product. Plastic additives are increasingly being used for variety of functions that include extenders, processing aids, property modifiers, and stabilizers in industrial applications. Browse Research Report On Plastic Additives Market :   www.grandviewresearch.com/industry-analysis/plastic-additives-market Extended consumer base, rapid urb...

Orthobiologics Market Is Forecast To Reach $10.2 Billion By 2025

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San Francisco, 29 October 2018 - According to a report published by Grand View Research, Inc.; the orthobiologics market is expected to reach a valuation of around USD 10.2 billion by 2024. Rise in prevalence of orthopedic disease and musculoskeletal disease across the world, growing number of orthopedic procedures due to accidence and obesity can propel the market during the forecast period (2014 to 2025). In addition, increasing geriatric population which are at high risk to spinal and other orthopedic disorders are also leading orthopedic surgeries. Orthobiologics market, by product, 2014 - 2025 (USD Billion) Technological developments in biomaterials used in the manufacturing of orthobiologics are expected to accelerate the market growth in the coming years. These developments include modifications in graft designs, development of recombinant biologic agents, cultured tissue scaffolds, and stem cell therapy. These advancements can offer many benefits such as improved b...

Organic Personal Care Market Opportunities To Reach $25.11 Billion By 2025

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San Francisco, 29 October 2018 - According to a report by Grand View Research, Inc., global organic personal care market is anticipated to value USD 25.11 billion by 2025. Growing requirement for naturally-derived hair and skin care products among consumers is anticipated to propel demand for organic personal care products. These products are likely to offer ingredients extracted from plants and animals and are free from preservatives, petrochemicals, and synthetic fragrances that can harm consumer’s skin. Growing awareness regarding benefits of organic personal care products over synthetic products can spur growth of market. Organic products are likely to be derived from natural resources and are free from harmful chemicals. High demand for such products in recent times can prompt manufacturing companies to introduce new products and focus on R&D activities. Increasing R&D expenditure to introduce plant and animal extracts in personal care products can fuel growth of ...

Injection Molded Plastic Market Analysis To Reach $496.22 Billion By 2025

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San Francisco, 29 October 2018 - The global  injection molded plastics market  size is expected to reach USD 496.22 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 6.0% during the forecast period. Growing demand from various end-use industries including automotive, packaging, and construction, particularly in the BRICS (Brazil, Russia, India, China, and South Africa) nations, is likely to drive the market. There has been an increment in manufacturing capacity in high-growth regions such as Middle East and Asia Pacific over the last few years, which has helped the market gain significant momentum. Increasing outreach of major plastic injection molding companies in China, thanks to low manufacturing costs and abundant availability of skilled labor, is projected to benefit the APAC market. Major overseas companies are expanding their production capabilities in the region to cater to growing demand. China and India are major...