Friday, April 28, 2017

Patient Infotainment Terminals Market To Reach US$ 2.7 Bn By 2024

Patient Infotainment Terminals Market To Reach US$ 2.7 Bn By 2024
According to a new market research report published by Credence Research “Patient Infotainment Terminals Marekt (Application – Hospitals, Treatment Centers and Elderly Care Centers; Screen Size – Small Size Medium Size and Large Size) - Growth, Future Prospects, Competitive Analysis and Forecast 2016 - 2024”, the global patient infotainment terminals market stood at US$ 1.2 Bn in 2015 and is estimated to expand with a CAGR of 9.4% from 2016 to 2024.
Market Insights
The patient infotainment terminals systems market is majorly driven by increasing demand for higher patient satisfaction and better patient outcomes in the developed countries including the U.S., Germany, France, UK, Singapore and South Korea, among others. Available in different sizes, patient infotainment terminals can be deployed in various healthcare settings including hospitals, treatment centers, and elderly care centers.
Factors such as value based purchasing and increasing investments in hospitals in the U.S. have led to the high demand for patient infotainment systems in the country making it the largest market in the world. Other factors such high-end medical tourism in countries including Malaysia, Singapore, South Korea, and the UAE have led to the growing adoption of latest healthcare IT systems to attract foreign patients. As a result, the overall patient infotainment terminals market is estimated to witness robust growth during the forecast period.
Some of the factors restraining the growth in patient infotainment terminals market included limited hospital budgets and lack of awareness among healthcare providers in some countries. In addition, economic slowdown and limited growth in the number of hospital beds in Europe pose as major challenges in the growth of patient infotainment terminals market in the region. However, increasing adoption in elderly care facilities and small and medium hospital is expected to offer sustainable growth opportunities for the companies providing these systems during the forecast period.
Competitive Insights:
Patient infotainment terminals have played a pivotal role in ensuring enhanced patient experience especially, in countries such as the U.S. where medical reimbursements are largely dependent on patient satisfaction. However, in most of the developing countries, these systems not considered as a critical part of the overall healthcare environment. Thereby, the competition in various markets is intense among the providers of patient infotainment systems. In the developed markets, market participants compete based on features and capabilities offering better integration capabilities with existing healthcare IT systems. Whereas, there is immense price competition in the developing markets wherein hospitals do not focus primarily on capability and integration.
Key Trends:
Offering connectivity to various external computing devices such as smartphones, tablets and gaming consoles, among others
Offering enhanced integration with electronic medical records, nurse call systems, and other hand held devices
Ensuring data security for internal hospital systems
Integrating functional modules such as RFID, barcode, and smart cards to improve clinical workflow efficiency
To provide liquid and dust proof systems with higher chemical resistance to ensure longer life of the systems
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Aromatic Solvents Market Is Expected To Reach Over US$ 6.50 Bn By 2022

Aromatic Solvents Market Is Expected To Reach Over US$ 6.50 Bn By 2022
According to a new market report published by Credence Research “Aromatic Solvents Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2021,” the aromatic solvents market was valued is expected to reach over US$ 6.50 Bn by 2022, expanding at a CAGR of more than 4.0% from 2016 to 2022.
Browse the full Aromatic Solvents (Toluene, Xylene, Benzene and Others) Market for Pharmaceuticals, Oilfield Chemicals, Paints & Coatings, Adhesives & Sealants, Automotive and Other Applications- Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021 report at http://www.credenceresearch.com/report/aromatic-solvents-market
Market Insights
Solvent is a substance which is dissolved in any other solute which can be solid, gas or liquid. Solvent is usually a liquid but can also be a solid or gas. Solvents are generally used to dissolve, carry or suspend particles for forming solution. Aromatic solvents are organic chemicals which are made from fractional distillation of petroleum. In addition, they are also produced through other methods such as steam cracking, catalytic refining and coal carbonization among others. Among these, catalytic refining and steam cracking methods are preferably used on a large scale in the oil & gas industry.
Based on products, aromatic solvents are segmented into toluene, xylene, benzene and others. Toluene accounted for the major share of global aromatic solvents market and is expected to retain its position in the near future. It is also accounted to be the fastest growing product segment. Toluene is expected to experience high demand in the market as it is widely used in the paints & coatings industry. It also has application in the adhesive and sealants industry. Therefore, high demand from the paints & coatings and adhesive & sealants industry is anticipated to boost growth of global aromatic solvents market. Other products such as xylene and solvent naphtha are used in various end-user industries thereby creating high demand for aromatic solvents in the market. Benzene is anticipated to experience steady demand in the market due to health hazards and its toxic nature. However, rising developments to manufacture light aromatic solvents is expected to reduce the risk of health issues thereby boosting market demand for aromatic solvents.
Competitive Insights:
Paints & coatings accounted as the largest application segment of global aromatic solvents in 2016. Growing number of building & construction activities in developing economy such as Asia Pacific has created high demand for paints & coatings in the market. Therefore, paints & coatings industry is expected to experience high demand in the market. Toluene is a aromatic solvent which is used on a large scale in the paints & coatings industry. Hence, growing demand for toluene from the paints & coatings industry is expected to fuel growth of global aromatic solvents market. Pharmaceuticals followed paints & coatings industry in terms of growth of aromatic solvents in the market. Aromatic solvents are used during the manufacturing process of pharmaceuticals. Growing demand from the pharmaceutical industry is also anticipated to boost market demand for aromatic solvents in the near future. Aromatic solvents are also used for various other applications in a number of end-user industries. Rising demand for aromatic solvents from various end-user industries is also projected to contribute to the growth of global aromatic solvents in the market during the forecast period from 2016 to 2022.
Key Trends:
Paints & Coatings for automotives
Manufacture of pharmaceutical products
Adhesive & sealants
Opportunities from increasing research activities for light aromatic solvents which will reduce potential hazards
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Artificial Pancreas Device Systems Market Expected To Reach USD 335.5 Mn By 2022

Artificial Pancreas Device Systems Market Expected To Reach USD 335.5 Mn By 2022
The latest market report published by Credence Research, Inc. “Global Artificial Pancreas Device Systems Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the artificial pancreas device systems market was valued at USD 59.8 Mn in 2015, and is expected to reach USD 335.5 Mn by 2022, expanding at a CAGR of 21.7% from 2016 to 2022.
Browse the full report Artificial Pancreas Device Systems Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/artificial-pancreas-device-systems-market
Market Insights
An artificial pancreas system comprises a continuous glucose monitor (CGM) and a continuous subcutaneous insulin infusion pump, both of which are available in the market today, and a controller linking the monitor and pump. It runs a highly sophisticated algorithm to determine the appropriate amount of insulin to deliver and the timing for that delivery, based on evaluation of real-time glucose readings. The market segmentation of artificial pancreas device systems market by type of devices comprises threshold suspend device system, control-to-range (CTR) system, and control-to-target (CTT) system. The geographical segmentation of global artificial pancreas device systemsmarket comprises North America, Europe, Asia Pacific, Latin America and Middle East and Africa further segmented into key countries with highest potential in artificial pancreas device systems market.
Threshold suspended device system is expected to account for the largest market due to early bird benefits and swift market expansion and penetration characteristics possessed as Medtronic, Inc. is a multinational company with operations in more than 140 countries. However, in 2018 products in CTT systems are expected to boost the overall market growth of the artificial pancreas device and systems market because around five companies are expected to enter the market. North America is expected to be the largest and most potential regional market for artificial pancreas device systems due to high disposable income, rising prevalence of type 1 diabetes, high adoption rate of novel technologies and supportive reimbursement policies.
Market Competition Assessment
In 2015, Medtronic, Inc. was observed as the only player present in market with its first generation artificial pancreas device systems MiniMed 530G. However, the key players who are expected to enter the market during the forecast period are Johnson & Johnson, Tendem, Insulet, JDRF, Bigfoot Biomedical and Beta Bionics. Insulet Corp. is compiling a strategy its pump OmniPod becomes an important part of its artificial pancreas offering in the near future. Tandem Diabetes Care outlines its plans in the APDS market initiating with R&D phase of its artificial pancreas system. Bigfoot Biomedical’s goal is to create a pump-sensor union therapy that would be much simpler than the current counterparts would. Beta Bionics has developed the iLet Bionic Pancreas system that delivers both insulin and glucagon and is targeted to type 1 diabetes patients; and was developed by Dr. Ed Damiano at the Boston University. Thus, by 2019 products of these key players are anticipated to commercially exist in the market which would increase the market competition, new pricing strategies, assist merger and acquisitions, and geographical expansion strategies.
Key Market Movements
North America is expected to lead the global artificial pancreas device systems market due to high disposable income, rising prevalence of type 1 diabetes, high adoption rate of novel technologies and supportive reimbursement policies
Projected market entry of around seven products by 2018 in global pancreas device systems market
Artificial pancreas device systems market is expected to achieve maturity by 2022 which would intensify the market competition, revamp of pricing strategies, and emphasis on geographical expansion and penetration
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Artificial Pancreas Device Systems Market Expected To Reach USD 335.5 Mn By 2022

Artificial Pancreas Device Systems Market Expected To Reach USD 335.5 Mn By 2022
The latest market report published by Credence Research, Inc. “Global Artificial Pancreas Device Systems Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the artificial pancreas device systems market was valued at USD 59.8 Mn in 2015, and is expected to reach USD 335.5 Mn by 2022, expanding at a CAGR of 21.7% from 2016 to 2022.
Browse the full report Artificial Pancreas Device Systems Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/artificial-pancreas-device-systems-market
Market Insights
An artificial pancreas system comprises a continuous glucose monitor (CGM) and a continuous subcutaneous insulin infusion pump, both of which are available in the market today, and a controller linking the monitor and pump. It runs a highly sophisticated algorithm to determine the appropriate amount of insulin to deliver and the timing for that delivery, based on evaluation of real-time glucose readings. The market segmentation of artificial pancreas device systems market by type of devices comprises threshold suspend device system, control-to-range (CTR) system, and control-to-target (CTT) system. The geographical segmentation of global artificial pancreas device systemsmarket comprises North America, Europe, Asia Pacific, Latin America and Middle East and Africa further segmented into key countries with highest potential in artificial pancreas device systems market.
Threshold suspended device system is expected to account for the largest market due to early bird benefits and swift market expansion and penetration characteristics possessed as Medtronic, Inc. is a multinational company with operations in more than 140 countries. However, in 2018 products in CTT systems are expected to boost the overall market growth of the artificial pancreas device and systems market because around five companies are expected to enter the market. North America is expected to be the largest and most potential regional market for artificial pancreas device systems due to high disposable income, rising prevalence of type 1 diabetes, high adoption rate of novel technologies and supportive reimbursement policies.
Market Competition Assessment
In 2015, Medtronic, Inc. was observed as the only player present in market with its first generation artificial pancreas device systems MiniMed 530G. However, the key players who are expected to enter the market during the forecast period are Johnson & Johnson, Tendem, Insulet, JDRF, Bigfoot Biomedical and Beta Bionics. Insulet Corp. is compiling a strategy its pump OmniPod becomes an important part of its artificial pancreas offering in the near future. Tandem Diabetes Care outlines its plans in the APDS market initiating with R&D phase of its artificial pancreas system. Bigfoot Biomedical’s goal is to create a pump-sensor union therapy that would be much simpler than the current counterparts would. Beta Bionics has developed the iLet Bionic Pancreas system that delivers both insulin and glucagon and is targeted to type 1 diabetes patients; and was developed by Dr. Ed Damiano at the Boston University. Thus, by 2019 products of these key players are anticipated to commercially exist in the market which would increase the market competition, new pricing strategies, assist merger and acquisitions, and geographical expansion strategies.
Key Market Movements
North America is expected to lead the global artificial pancreas device systems market due to high disposable income, rising prevalence of type 1 diabetes, high adoption rate of novel technologies and supportive reimbursement policies
Projected market entry of around seven products by 2018 in global pancreas device systems market
Artificial pancreas device systems market is expected to achieve maturity by 2022 which would intensify the market competition, revamp of pricing strategies, and emphasis on geographical expansion and penetration
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290
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Confectionery Ingredients Market By Form, Application And Geography Is Expected To Reach US$ 88.2 Bn By 2023

Confectionery Ingredients Market By Form, Application And Geography Is Expected To Reach US$ 88.2 Bn By 2023
According to a new market report published by Credence Research “Confectionery Ingredients Market - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 - 2023,” the confectionery ingredients market has been estimated to be valued at US$ 60.0 Bn by the end of 2016, and is expected to reach US$ 88.2 Bn by 2023, expanding at a CAGR of 5.7% from 2016 to 2023.
Browse the full Confectionery Ingredients Market by Form, Application, and Geography - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/confectionery-ingredients-market
Market Insights
Confectionery items comprises of toffees, chocolates, candies, lollipops, bakery products and other sugar items that are rich in sweet and sugar content. The escalation in the consumption of these items has impelled the demand for confectionery ingredients over the past few years. Changing preferences of consumers related to consumption of confectionery items has impacted the market for confectionery ingredients as well. Besides this, it has been noticed that urbanization has led to rapid growth of confectionery goods as the population in tier 1 and 2 cities prefer to have food which is easily and conveniently available. The market for confectionery ingredients have also been strengthen due to rising number of diabetic patients which compelled the manufacturers to go for sugar free cupcakes, candies and others. Besides this, sugar free confectioneries are gaining momentum due to factors such as escalating number of obese population, rising health consciousness and nutritional concerns among people and as well as change in eating habits along with change in lifestyle. Rising population along with intensifying personal disposable income in developing countries such as China and India is anticipated to create the demand for confectioneries and will bolster the growth of confectionery ingredients market during the forecast period 2016-2023.
Rising application of confectionery ingredients for coatings, fillings, spreads and in cereal bars is anticipated to expand the growth of confectionery ingredients market growth till 2023. Besides this, increasing population growth, GDP growth, higher consumer spending and industrialization all across the globe is likely to impel the growth of confectionery ingredients market from 2016 to 2023.  
Competitive Insights:
Confectionery ingredients market is segmented on the basis of form such as dry and liquid form. In 2015, dry form segment contributed the highest revenue share in the total confectionery ingredients market. The dry form segment contributed the highest share due to its various functional advantages and its operational efficiencies linked to it. Thus the dry form segment is anticipated to expand at a robust CAGR over the forecast period. Increasing consumption of chocolates, candies and cakes is expected to intensify the growth for confectionery ingredients market. Besides this, rising adoption of confectionery ingredients for different applications in industries such as in gums, sugar confectionery, candies and chocolates and other is further impel the market growth in the next few years.
Key Trends:
Innovation in product development
Significant research and development activities
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Ph: 1-800-361-8290
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Drip Irrigation Systems Market to Reach US$ 8.17 Bn by 2022

Drip Irrigation Systems Market to Reach US$ 8.17 Bn by 2022
According to a new market research report published by Credence Research “Drip Irrigation Systems Market (Agriculture, Gardens (Public & Residential) and Others (Greenhouses & Nurseries) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2015 - 2022”, the global drip irrigation systems market stood at US$ 1,070.8 Mn in 2014 and is estimated to expand with a CAGR of 12.5% from 2015 to 2022.
Market Insights
Drip irrigation system is among the most efficient irrigation techniques. It includes application of water using drippers placed regularly on the lateral tubing. The water flow can be adjusted from 2-20 liters per hour making drip irrigation suitable for large number of crops. The primary components used in the drip irrigation system include tubing (mains and lateral), drippers, filters, backflow preventers, valves, pressure regulators and other required fittings. The drip irrigation systems market is majorly supported by their superior water efficiency and increasing need for higher agricultural production.
Despite the prolonged existence of drip irrigation systems, the overall penetration of drip irrigation systems is currently low. This is majorly due to dominance of other irrigation methods such as sprinkler systems and traditional irrigation techniques. In addition, drip irrigation systems market is significantly hampered by their high costs and maintenance requirement. Also, less awareness of people and reluctance to change is another important restraint for the market.
The drip irrigation systems market, as of 2014, is dominated by the agriculture segment. Due to rising population worldwide, there has been a consistent need for increasing agricultural yield. As a result, governments of various countries are offering subsidies on installation of modern irrigation systems. Hence, the segment is expected to retain its dominant position in the market throughout the forecast period. However, the other segment is expected to register the highest CAGR during the forecast period. The other segment comprises greenhouses and nurseries.
Competitive Insights:
The market is highly consolidated in nature with few major players contributing to more than fifty percent of the total market revenue. However, companies face significant competition from the local/regional players. Some of the major companies operating in the drip irrigation systems market are Netafim Ltd., Jain Irrigation Systems Ltd., The Toro Company, Hunter Industries, Inc., Lindsay Corporation and others. These companies are currently focusing on increasing their sales in markets such as India, China, Brazil and others where drip irrigation penetration is still low.
Key Trends:
Enhancement of the systems using drip chemigation/fertigation
Promoting sub-surface drip irrigation system
Focus on large untapped markets such as China and India
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Name: Chris Smith
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Ph: 1-800-361-8290
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Monday, April 17, 2017

Global LiDAR Market to Grow at a CAGR of 13.5% between 2016 and 2023

Global LiDAR Market to Grow at a CAGR of 13.5% between 2016 and 2023
According to a new market report published by Credence Research, Inc. “Global LiDAR Market (By Product Type (Airborne LiDAR Systems and Terrestrial LiDAR Systems), By Component (Laser Scanners, Navigation and Positioning, and Other Components), By End-use Application (Defense & Aerospace, Engineering, Corridor Mapping, Environmental (Coastal, Forestry, Flood Mapping), Transmission Lines, and Other End-use Applications)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023”, the global LiDAR market is expected to expand at a CAGR of 13.5% from 2016 to 2023.
Browse the full Global LiDAR Market (By Product Type (Airborne LiDAR Systems and Terrestrial LiDAR Systems), By Component (Laser Scanners, Navigation and Positioning, and Other Components), By End-use Application (Defense & Aerospace, Engineering, Corridor Mapping, Environmental (Coastal, Forestry, Flood Mapping), Transmission Lines, and Other End-use Applications)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at http://www.credenceresearch.com/report/lidar-market
Product and Market Insights:
Light Detection and Ranging (LiDAR) is a sensing technology used for measuring distance to a target using laser light. Unlike radar technology, LiDAR uses short wavelength waves for measuring the distance. The technology is used to get 3-dimensional information regarding the shape and surface characteristics of the target, thereby enabling scientists and mapping experts to study and examine their target with accuracy and precision. Although the use of LiDAR technology was initially limited to defense, government, and corridor mapping applications, increased awareness regarding the benefits offered (cost, accuracy, reach, etc.) have extended their applications to disaster preparedness and risk study, transportation, and power transmission among others. The global LiDAR market is still in the nascent stage of development and is poised to offer strong business and investment opportunities over the forecast period 2016 – 2023.
Competitive Insights:
Some of the leading players in the global LiDAR market include Quantum Spatial (Aerometric, Inc.), Leica Geosystems AG, Riegl Laser Measurement Systems GmbH, Faro Technology, Optech Inc., Trimble Navigation Limited, 3D Laser Mapping, GeoDigital, Airborne Imaging Inc., Avent Lidar Technology, Renishaw Plc, Michael Baker International, Sick AG, Topcon Positioning Systems, Inc., YellowScan, Velodyne LiDAR, Inc., and Geokno India Pvt. Ltd. among others. In order to sustain in this highly competitive market, manufacturers and technology developers are required to invest substantially in research and development and focus on product innovation. In view of future prospect, the manufacturers have already started accelerating their efforts to develop advanced unmanned aerial vehicle systems capable of offering advanced airborne imaging capability. The competitive rivalry among current market players is comparatively high and is expected to remain high throughout the forecast period 2016 - 2023.
The adoption of LiDAR technology has been comparatively greater in the developed economies like North America and Europe. However, penetration in emerging economies has begun to gather momentum with technological advancements and growing awareness regarding the benefits offered by the technology. In addition, government initiatives to promote foreign investment in the geospatial industry have had positive impact on demand for LiDAR systems. With the advancements in technology and lowering costs, LiDAR has offered precise 3D capability to just about everyone who uses a map.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Name: Chris Smith
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Ph: 1-800-361-8290
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Human Machine Interface (HMI) Market To Reach US$ 7.10 Bn by 2022

Human Machine Interface (HMI) Market To Reach US$ 7.10 Bn by 2022
According to a new market report published by Credence Research Inc “Human Machine Interface (HMI) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the human machine interface market is predicted to reach US$ 7.10 Bn by 2022, with the Rising industrial automation across the world. High market competition forcing industrial manufacturers to invest in advanced solutions which improves productivity and reduces operating costs.
This is increasing the demand for advanced human machine interface solutions which offers realistic view of their plants. Improving economic conditions and financial position of manufacturing industries is expected to influence the demand for advanced human machine interface (HMI) solutions across the world. In order to match rising mobility needs in manufacturing industries HMI solution providers are focusing on developing applications which supports remote monitoring and controlling. All the above factors are expected to spur the demand for HMI solutions through the forecast period 2015 – 2022.
Interface software and solutions accounted for the largest revenue share in 2014 and is expected to remain the largest segment by product type throughout the forecast period. Rising demand for PC based open source human machine interface (HMI) solutions is expected to influence the demand for interface software and solutions across the world. Display and touchscreen technology also expected to see a significant growth through the forecast period with rising demand for mobile devices such as tablets, laptops, smartphones and others.
Automotive industry represents the largest end use segment for human machine interface solutions and accounted for the 15.8% of revenue share in 2014. Automotive manufacturers are investing significant amount in advanced solutions to improve their productivity which represents a positive outlook for human machine interface (HMI) solutions providers. The oil and gas industry represents the fastest growing end-use segment for human machine interface (HMI) solutions. Human machine interface (HMI) solutions improves safety and security at oil and gas plants which is the major influencing the factor for these solutions.
North America represents the largest regional market in the global human machine interface market. Rising number of industrial automation projects is the primary factor for the dominance of North America in global HMI market. Asia Pacific is expected to be the fastest growing regional market in the global HMI market. Increasing industrialization in India, China, Taiwan, Singapore, Australia and other countries is increasing the adoption of human machine interface (HMI) technologies in the region.
The human machine interface market in North America and Europe are comparatively matured markets and expected to grow at a slower pace compared to Asia Pacific. The global HMI market is expected to see a significant growth through the forecast period with rising awareness about the benefits of advanced HMI solutions such as reduced operating cost, high efficiency and reduced maintenance cost.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Ph: 1-800-361-8290
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The Global Electric Motors Market to Reach US $135 Bn by 2022

The Global Electric Motors Market to Reach US $135 Bn by 2022
According to a new market report published by Credence Research “Electric Motors Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the global electric motors market is expected surpass US$ 135 Bn by 2022, with rising demand for electric motor driven systems (EMDS) such as electric appliances, heating, ventilating and air conditioning (HVAC) equipment, motor vehicles and others. 
Moreover, rising need to reduce electricity consumption and mandatory regulations to use energy efficient EMDS which support higher energy efficiency standards IE2 and IE3 are expected to influence the growth of the replacement market. The rising adoption of premium and high energy efficient electric motors particularly developed markets such as the U.S., Europe and Japan is expected to drive the growth of the overall electric motors market. In addition, rising industrialization and growing construction industry is expected to spur the demand for electric motors in Asia Pacific, Middle East and South America.
Browse Full Report at(Electric Motors Market - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022) http://www.credenceresearch.com/report/electric-motors-market
In 2014, AC motors accounted for the majority of revenue share of 80.0% in the overall electric motors market and commonly used in most of the electric motor driven systems. AC motors are used in range of residential as well as industrial applications. DC motors are commonly found in the speed control applications. The market for DC motors is expected to see a significant growth through the forecast period with rising production of motor vehicles.
Low voltage electric motors which have output capacity below 0.746 KW accounted for largest revenue share of 48.3% in 2014. Low voltage electric motors are also known as fractional horsepower (FHP) electric motors and found its applications in automotive, HVAC equipment, home appliances, office machinery and several other low voltage applications. Medium and high voltage electric motors are commonly used in industrial applications.
Stringent energy consumption regulations and government subsidiaries to replace low energy efficient electric motors is motivating industrial users to replace their less efficient electric motors with high efficiency or premium efficiency motors. This is expected to spur the demand for medium and high voltage electric motors from industrial sector.
Automobile is the largest application segment for electric motors and accounted for around 31.3% revenue share of the global electric motors market. Electric motors used in HVAC applications are expected to see the fastest growth through the forecast period 2015 – 2022 with growing construction industry particularly in Asia Pacific.
In addition, stringent electricity consumption and environment protection and rising electricity prices, are forcing households across the world to replace their less efficient electric motor driven systems (EMDS) with high energy efficient electric motor driven systems. Significant demand for electric motors is also expected from industrial as well as commercial sectors.
The electric motor manufacturing industry is highly fragmented and comprises large number of recognized international players as well as small domestic players. Some major players in this industry include Baldor Electric Company, ASMO Co Ltd, Regal Beloit, Brook Crompton UK Ltd, AMTEK Inc, Franklin Electric Co., Inc., Danaher Motion LLC, Rockwell Automation Inc, Siemens AG and Allied Motion Technologies Inc.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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Name: Chris Smith
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Ph: 1-800-361-8290
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Global Diabetic Retinopathy Market to Reach Worth USD 28.2 Bn by 2022

Global Diabetic Retinopathy Market to Reach Worth USD 28.2 Bn by 2022: Phenomenal Rise in Diabetes Prevalence and Availability of Non-Invasive Treatments to Drive the Market Growth
According to the latest report published by Credence Research, Inc. “Diabetic Retinopathy Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the  global diabetic retinopathy market was valued at USD 7.9 Bn in 2015, and is expected to reach USD 12.6 Bn by 2022, expanding at a CAGR of 6.7% from 2016 to 2022.
Browse the full report Diabetic Retinopathy: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 at http://www.credenceresearch.com/report/diabetic-retinopathy-market
Market Insights:                                              
Perpetual growth in the prevalence of diabetes in middle- and low-income countries and further anticipation of future rise indicates the growth in prevalence of diabetic related complications, and hence diabetic retinopathy. Diabetic retinopathy is among the key causes of legal blindness in working adult population. With overall prevalence of around 34% in the total diabetes population, the burden in form of direct and indirect management cost of diabetic retinopathy is humongous. Treatment for diabetic retinopathy is determined upon the severity of condition, where non-proliferative diabetic retinopathy is excuses from treatment.
Along with high prevalence of diabetes and hence diabetic retinopathy, wide availability of treatment options also serve as key drivers of this market. At present, diabetic retinopathy is mostly treated with laser treatment and vitrectomy. As the prevalence of macular edema in diabetic retinopathy is on rise, it is anticipated that the demand for treatment drugs and injections will steadily grow. Rise in healthcare expenditure is another key contributor to the growth of diabetic retinopathy market. However, the market growth may be shunted due to shortage of skilled professional for treating diabetes and related complications. The key diabetic retinopathy treatment drugs studied in this report are Aflibercept (Eylea), Bevacizumab (Avastin), Fluocinolone acetonide (Iluvien), Ranibizumab (Lucentis) and Triamcinolone acetonide.
Geographically, this report studies the diabetic retinopathy for North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America markets. These regions are further split into key country-level markets that determine the overall trends in respective regional market. Among the considered geographies, North America and Europe together take over 50% of the global market share for diabetic retinopathy treatments. High awareness, early introduction of breakthrough treatment devices and drugs, extensive research initiatives being taking place in the U.S. and Western Europe and favorable reimbursements are the key factors that contribute to the dominance of these regions.
Phenomenal rise in prevalence of diabetes in India, China and other middle- and low-income countries of Asia-Pacific and Middle East and Africa make these regions the fastest growing geographical markets during the forecast period.
Other drivers of diabetic retinopathy market in Asia-Pacific and Middle East and Africa markets are rapid development of healthcare infrastructure, growing focus of market players to develop their foothold in Asia and Middle East markets, and growing government and non-government initiatives for developing awareness about diabetes management in the general population.
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Global Hematopoietic Stem Cells Transplantation Market Is Expected To Reach USD 7,796.1 Mn By 2022

Global Hematopoietic Stem Cells Transplantation Market Is Expected To Reach USD 7,796.1 Mn By 2022
The latest market report published by Credence Research, Inc. “Global Hematopoietic Stem Cells Transplantation Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the hematopoietic stem cells transplantation market was valued at USD 3,741.3 Mn in 2015, and is expected to reach USD 7,796.1 Mn by 2022, expanding at a CAGR of 10.6% from 2016 to 2022.
Browse the full report Hematopoietic Stem Cells Transplantation Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/hematopoietic-stem-cells-transplantation-market
Market Insights
Over 50 years of studies in the field of blood-forming stem cells i.e. hematopoietic stem cells (HSC), researchers have developed significant understanding to use HSCs as a therapy. At present, no type of stem cell, adult, embryonic or fetal has attained such sufficient status. Hematopoietic stem cell transplantation (HSCT) is now routinely used for treating patients with malignant and non-malignant disorders of blood and the immune system.
Currently, researchers have observed that through animal studies HSCs have the ability to form other cells such as blood vessels, muscles, and bone. Further application of this approach it may eventually be able to treat a wide array of conditions and replace ailing tissues. However, despite the vast experience with HSCs, researchers face major barriers in expanding their use beyond the replacement of immune and blood cells.
Hematopoietic stem cells are unable to proliferate and differentiate in-vitro. Researchers have yet to evolve an accurate method to differentiate stem cells from other cells derived from blood or bone marrow. Once such technical barriers are overcome, the avenues for realizing the full potential of HSCT.
The type of transplant a person receives depends on several different factors, including the type and course of the disease, availability of suitable donors, and the patient’s overall health. There are three different sources of hematopoietic stem cells such as bone marrow, peripheral blood stem cells, and umbilical cord blood. The stem cell source used for a given transplant depends upon the underlying disease, the type of transplant (allogeneic or autologous), and size of the patient.
Market Competition Assessment:
The hematopoietic stem cells transplantation market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Kite Pharma Inc., Thermo Fisher Scientific, PromoCell, CellGenix Technologie Transfer GmbH,   Cesca Therapeutics Inc.,  R&D Systems, Genlantis, Lonza Group Ltd., TiGenix N.V., and ScienCell Research Laboratories.
Key Market Movements:
Rising prevalence of leukemia is expected to assist the hematopoietic stem cells transplantation as the survival rates in leukemia patients has been improved after HSCT.
Future opportunity for HSCT market lies in regenerative Stromal Cell Therapy because it is considered as one of the novel therapies for prevention and treatment of acute graft versus host disease in allogeneic HSCT patients.
In emerging economies growing government support through providing favorable environments for research laboratories in the field of stem cell research
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Global Vacuum Lifter Market To Reach US$ 148.74 Mn By 2022

Global Vacuum Lifter Market To Reach US$ 148.74 Mn By 2022
According to a new market report published by Credence Research, Inc., “Vacuum Lifter Market (By Application (Glass Lifting, Sheet and Plate Lifting, Concrete Lifting, and Manual Handling), By End-use (Construction and Heavy Equipment, Automotive and Transport, Chemical and Pharmaceuticals, and Industrial Manufacturing)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global vacuum lifter market is expected to expand at a compound annual growth rate of 4.5% during the forecast period 2015 – 2022, exceeding US$ 148.7 Mn by 2022. In terms of volume, the worldwide shipments of vacuum lifters are expected to exceed 17,900 units by 2022.
Product Insights
Industrial products need special attention and care during handling and transportation to prevent them from any surface damage arising due to scratching or rub marks. The metal sheets are processed and shaped in multiple ways such as machining, laser cutting, and stamping & bending among others. Using vacuum lifting technology, the cutting machines and load carriers can be manually or automatically loaded and unloaded, thereby making material flow and handling efficient and safe at workshops and manufacturing facilities.
With the advent of technology, the demand for displays has witnessed tremendous growth in the recent years. Not only have the displays become larger, the display glass is also getting thinner and coating more sensitive. This is supporting the demand for vacuum lifting equipments’ that are not only capable of handling and lifting glass sheets safely, but also positioning/stacking them accurately at the requisite place. Similarly, vacuum lifting systems are also employed for horizontal removal of windscreen from the storage shelf and pivoting it with the lifting cylinder to properly fit the front windscreen in automotives.
Thus, the global market for vacuum lifters is expected to witness steady growth during the forecast period 2015 – 2022 on account of growing industrial automation, resurgence in the construction sector post economic crisis, and stable growth in automotive production.
 Competitive Insights:
The global vacuum lifter market is highly competitive and in the nascent stage of development. Some of the leading and promising manufacturers identified in the global vacuum lifting market include Schmalz GmbH,  GGR Group, Aardwolf Group, Wood's Powr-Grip, Co. Inc., ANVER Corporation, Peter Hird and Sons Ltd., Kilner Vacuumation Co Ltd., Viavac, TAWI AB, and Vacuworx International among others.
The global vacuum lifter market being competitive is characterized by stiff competition among several small and large players that compete to sustain their revenue share. In developed economies, a trend of small players combining operations with established players to leverage their resources can be seen.
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Global Nootropics Market To Reach Over USD 6 Bn By 2024

Global Nootropics Market To Reach Over USD 6 Bn By 2024: Expanding Usage Of Supplements And Demand For Cognitive Performance Enhancers To Support The Market Growth
According to the latest report published by Credence Research, Inc. “Nootropics Market - Growth, Future Prospects and Competitive Analysis, 2016-2024,” the global nootropics market was valued at USD 1,346.5 Mn in 2015, and is expected to reach USD 6,059.4 Mn by 2024, expanding at a CAGR of 17.9% from 2016 to 2024.
Browse the full report Nootropics Market - Growth, Future Prospects and Competitive Analysis, 2016–2024 at http://www.credenceresearch.com/report/nootropics-market
Market Insights
Nootropics, also known as cognitive enhancers are drugs and natural extracts that improve cognitive functions such as memory, creativity, motivation in healthy individuals. Nootropics have been available in the market for several decades and were made of ingredients such as multivitamins and caffeine – substances that the FDA has approved as dietary supplements and classified as GRAS (generally regarded as safe).
At present, these products are being repackaged, repurposed and sold to academic and professional overachievers to augment their brain function. Companies operating in this space primarily succeed as lifestyle brands through smart marketing. However they can only be recognized as healthcare brands only after they develop products that secure regulatory approval thus establishing certified efficacy and safety to their products.
Among the key applications of nootropics, memory enhancement currently holds the largest revenue share and it is anticipated that the segment will maintain its lead through the forecast period 2016-2024. Major factors favoring the demand for memory enhancing nootropics include growing awareness among students and executives about the promised benefits of nootropics, easy accessibility, and the booming market for supplements.
The memory enhancing nootropic drugs enhance learning and memory effect, enhance the ability of learned behaviors to resist disruption, enhance the efficiency of your brain functions and protect the brain from chemical injuries. Memory enhancement segment for nootropics was valued at USD 391.6 Mn in 2015.
Geographically, North America is the largest consumer of nootropics and is also characterized by domicile of topmost market players. Large population pool, high awareness in consumer population for preventive and cognitive health, rise of the self-directed consumer, and channel proliferation are the key factors driving the dominance of North America nootropics market.
On the other hand, Asia Pacific is anticipated to be the fastest progressing regional market for nootropics. While in countries like China and India having a great history of natural and herbal based cognitive drugs that boosts the brain functions and other body functions, the foreign investment in collaboration with the local players have determined substantial growth in the nootropics market and the overall dietary supplements market.
Browse the full report Nootropics Market - Growth, Future Prospects and Competitive Analysis, 2016–2024 at http://www.credenceresearch.com/report/nootropics-market
Nootropics is a relatively new entrant in the supplements market and is featured by 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.
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For Latest updates follow us on LinkedIn @ https://www.linkedin.com/company/credence-research-limited
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