Tuesday 29 May 2018

Water Soluble Fertilizer Market Status And Forecast, By Types And Applications By 2024

The Global Water Soluble Fertilizer Market size was USD 12.5 billion in 2015 and is anticipated to reach USD 22.0 billion by 2024. Increasing demand from wide range of fustigation application coupled with increasing awareness and adoption of micro irrigation systems is anticipated to boost the global demand for water soluble fertilizers. Growing demand and need for superior yield owing to increasing world population, reduction in arable land, and great demand of biofuels is expected to impact the global demand for water soluble fertilizers. Harmful ecological impacts of over/high fertilization, including pollution of ground water, disturbances in environment life sciences, and increase in area under ocean dead zones are expected to restrict the market growth.


Increasing awareness among farmers across emerging economies coupled with technology driven farm practices. High priced crops including vegetables and fruits are expected to drive the market demand. Growing protection of cultivated crops is estimated to attract growers around the globe since it offers good returns on investment. Large number of growers entered into the greenhouse system of agriculture production industry to achieve higher rates of return for their products. The use of these fertilizers is expected to be highly seasonal and improved, thus protected crop production is anticipated to drive the market demand for fertilizer products, particularly for water-soluble fertilizers.


On the basis of fertilizer type, the global market has been segmented into Nitrogen, sulphur, iron, chlorine, magnesium, calcium, Phosphate, and potassium which include secondary and micro nutrients. Nitrogen is expected to be the widely used element in the market and is expected to continue its dominance owing to its easy availability and It is used to synthesize proteins, amino acids, enzymes, nucleic acids, and chlorophyll. Nitrogen nutrients can be further classified into Urea, ammonium sulphate, nitrate, and calcium nitrate. Phosphate is expected to witness significant growth rate over the next seven years It stimulates root formation and shoot growth at the early stages of plant growth. lack of Phosphorus levels in plants may result in poor seed and fruit development and also reduces the growth of plants significantly.

Phosphorus is particularly important and widely used in cool weather. Starter fertilizers constitute more of these nutrients in huge amounts. Potassium is expected to have moderate growth rate over the forecast period. This element helps the plants to resist diseases and boosts root growth. Potassium nutrients improve cold hardness and helps in increasing the size of fruits and vegetables. Signs of potassium lack or deficiency include slow growth, shriveled fruit, weak plants, and leaf burning at margins or tip On the basis of application, water soluble fertilizer market has been segmented into fertigation and foliar. Fertigation is expected to be the largest segment in terms of revenue and market share owing to its wide applications among various crops.


Fertigation processes involve injection of soil amendments, water-soluble products and fertilizers into an irrigation system. Foliar feeding is a method of nourishing plants by applying the liquid fertilizer to their leaves. Plants and crops are able to absorb essential nutrients through their leaves. This absorption is carried out through their stomata and also through their epidermis. On the basis of crop type, the market has been segmented into Field Crops, Horticultural Crops and Turf & Ornamentals. Field corps constitutes the largest segment in the global market owing to its wide applications across the globe. These crops are grown for agricultural purposes and are consumed by people.

Growing population and demand for vegetables and fruits is expected to be the driving factor for the market growth in this segment. North America is expected to the largest regional segment in the global market. Extensive use of bio fuels has increased the demand for fertilizers and is driving the growth in this region High consumption of meat and meat products has been driving the high use of fertilizers in North America as it increases the demand in animal feed and feed products. Increasing adoption rate of merchandize and micro irrigation processes in the Asia Pacific region, is expected to witness significant growth rate for water soluble fertilizers.

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Key players in the market are Yara International, The Mosaic Company, Agrium Inc., ICL Fertilizers, PotashCorp, CF Industries. Other industry participants include QAFCO, Haifa Chemicals, SinoFertK+S AG, Uralchem, and SQM The water-soluble fertilizers market is expected to be highly fragmented with major players driving the growth through expansions, agreements, new product launches and acquisitions, to develop their position in the market. These strategies were followed by the industry participants to expand their global presence and enhance their product portfolio.

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Surgical Equipment Market Estimation, Dynamics, Regional Share, Competitor Analysis By 2025

Global Surgical Equipment Market was valued at USD 10.5 billion in 2016 and is expected to reach a value of USD 20.3 billion by 2025. Global surgical equipment market is expected to experience brisk growth due to rise in demand for nominal hostile surgeries over the forecast period. Novel technologies such as robot and power assisted medical tools introduction in recent past is estimated to further enhance industry growth. Surgical tools are medicinal devices that serve some specific need during any surgery. These devices allow the physical alteration of biological tissue to deliver access to internal body parts. This equipment’s are tools that are used to complete functions such as suturing cutting, holding, dissecting, retracting, or grasping.


These instruments are hand handled or sometimes power based robotic devices. Technologies viz. robotic based medical devices and minimally invasive medical equipment development are presumed to be key driving factors for the surgical equipment market. Rise in aged population coupled with increase in medical processes is estimated to fuel the growth over the forecast period. Modernization in operating devices which provide improved & better outcomes along with increase in demand for less complicated procedures are some important success factors that are expected to contribute for the global growth over the six-year period. Growth in adaptation and approval for arthroscopy and minimal invasive procedures usages due to convenience is expected to further complement the market growth.


Growth in demand for advanced twisted healing materials such as medical adhesives, glues, high-strength hemostats, fibrin, and other sealants used on daily basis for medical procedures are presumed to hinder the growth. Stringent government norms on power devices in certain regions are expected have negative impact on the market growth over the forecast period. Due to side effects related with some medical tools making people think twice before using the device. Sseveral inadequate product quality assurance concerns to performance related to this device, improper procedures in sterilization for used equipment affect the individual health which is further expected to reduce the industry growth.

Lack of affirmative governing structure in some developing regions is presumed to act as restraints for the market expansion across the globe. Huge price competition among the industry participants is presumed to hamper the Industry growth. Emerging economies such as India and China are presumed to be an opportunity for the industry participants to enter in this untapped market. Based on product type surgical equipment market is segmented into surgical handheld instruments, staples & electrosurgical devices and surgical sutures. The surgical handheld instruments are further segmented as retractors, scalpels, and scissors and forceps. Till 2012, surgical staples and sutures appeared as maximum revenue generating product in surgical equipment market across the world.


But, electrosurgical instruments are presumed to witness pleasing growth over the six-year period owing to the rise in demand for minimally invasive operating procedures that greatly use this equipment. The market is classified as Neurosurgery, Wound Closure, Plastic and reconstructive surgeries, Urology, Thoracic surgery, Cardiovascular, Obstetrics and gynaecology, Orthopaedic surgery, Micro vascular, Laparoscopy and Others based on different applications. Under developed regions such as North America and Europe are amongst the regional market for this equipment. And under the developing regions Asia Pacific are the regional markets catering the demand for this instrument.

North America appeared as the maximum revenue contributing regional market due to constant R&D initiatives along with technological innovation which is leading to the better products development. Thus this is expected to boost the regional market growth. Asia Pacific is expected to grow at a lucrative CAGR over the next six years due to increasing awareness and adaptation pertaining to the advanced surgical equipment. Rise in disposable income is expected to propel the market growth. Rise in disposable income in emerging economies such as India is presumed to compliment the increase in demand for surgical equipment market in this region. Many companies are implementing strategies such as collaboration acquisitions, and expansions to hold a strong position in this industry. Surgical equipment market is highly cost intensive with huge investment cost.

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Industry participants are investing heavily on research and development to have competitive advantage. Product innovation and product introduction is the important strategy adapted in this industry. Prominent industry participants includeKLS martin group, Smith & Nephew PLC, Zimmer holdings Inc., Ethicon Inc., Carefusion Corporation, Alcon Laboratories Inc., Conmed Corporation and Stryker Corporation. Stryker, Carefusion and Zimmer are observed to dominate the industry for electrosurgical instruments in recent past.

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Pressure Sensor Market Dynamics, Forecast, Analysis and Supply Demand by 2024

The Global Pressure Sensor Market size was valued at USD 7,096.7 million in 2015 and is anticipated to reach USD 11,396.3 million by 2024. The global pressure sensors market is expected to grow at a significant pace over the forecast period owing to their application in numerous industries. The integration of Micro-Electro-Mechanical (MEMS) technology with the pressure sensors helped in diversifying the scope of their application. MEMS technology is mostly widely used in industrial processes, level measurements, control applications, and HVAC applications. The nanotechnology and micro technology has witnessed significant development owing to the high demand for high performance, reliable and low in cost sensors.


This has opened up huge opportunities for miniaturization, low power consumption, and mass production. These sensors are increasingly being merged with tablets and smartphones driving the growth of the global pressure sensors market. The regulation of installation of Tire Pressure Monitoring Systems (TPMS) mandatorily in the U.S. has also led to the growth of the overall market. The growth in the number of vehicles being purchased all over world is forecasted to increase the global pressure sensors market demand. The global pressure sensors market has seen a major shift from analog technology to digital technology in the recent past. This shift has led to an increase in their efficiency and sensing performance.


The market is characterized base on technology into electromagnetic, piezoresistive, resonant, capacitive, and optical solid state sensors. In 2013, the global pressure sensors market was largely dominated by electromagnetic and piezoresistive sensors and are also forecasted to be the fastest growing segment over the next eight years. Piezoresistive sensors find application in the biomedical field, household appliances, and automotive industry. Optical sensors are utilized in risky distant environments having high radioactive emissions and high temperature zones, which is projected to increase the demand for pressure sensors in the global market. Pressure sensors are used in consumer electronics, medical, oil & gas, automotive, industrial businesses.

In the automobiles industry, pressure sensors are utilized for calculating the pressures of important components such as fuel, brake, transmission, oil, and brake. These are also used in tire pressure monitoring systems, barometric pressure measurement, gasoline direct injection systems, side airbags, and exhaust gas recirculation pressure measurement. The growing attractiveness of amusing events of racing including LeMans, NASCAR, and Formula One is anticipated to fuel the pressure sensors market. Consumer Electronics is expected to witness a significant gain over the forecast period. The smartphones have sensors to have the features of altitude measurements, indoor navigation, and global positioning system (GPS).


These features have increased the demand of smartphones. The medical sector of the global pressure sensors market is forecasted to be fueled by gadgets for monitoring health which include anesthetic control, catheters, implanted cardiac measurement, sleep apnea detection, air concentration, blood pressure monitoring devices, gastrointestinal pressure sequencing, and spirometers. Asia Pacific accounted to be the market leader in the global pressure sensors market due to the high growth in its application sectors. The majority of the revenue was generated from India and China on account of the huge demand in those countries. Asia Pacific is also forecasted to generate the highest revenue over the next eight years.

North America also contributed largely for generating revenue of the pressure sensors market. Continuous demand from the various manufacturing industries is anticipated to be a driving force for the growth of the market. Quick industrialization is also one of the factor driving the demand for the global pressure sensors market. The new entrants in the pressure sensors market need to possess innovative strategies and huge capital investments for the production services to carve themselves a niche amidst the strong competition. The major industry participants are capitalizing largely on research & development initiatives for new product development covering various regional markets.

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The potential players of the market include Siemens AG, General Electric, Emerson Electric Company, Bosch, ABB Ltd., STMicroelectronics N.V., Infineon, Freescale Semiconductor Ltd., Delphi Corporation, and Analog Devices.

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Electroceuticals/Bioelectric Medicine Market Emerging Trends and Application Scope by 2025

The Global Electroceuticals/Bioelectric Medicine Market size was estimated at USD 17.2 billion in 2016 and is anticipated to reach USD 35.5 billion by 2025. Electroceuticals/Bioelectronics is the branch of emerging medicine that utilizes electrical impulses to control the body’s neural circuits as a substitute to drug-based interventions. These electroceutical devices primarily recite and transform electrical signals passing along the nerves of the body comprising irregular or different impulses that occur in association with a wide range of diseases.


The factors that propel the growth of the global Electroceuticals/Bioelectrical Medicine Market include high-tech advancements, increase in disposable income, increasing incidences of hearing loss, expanding geriatric population, development of new therapies, rising prevalence of neurological disorders, and increasing capital investment. On the other hand, there are also factors that hamper the growth of the global Electroceuticals/Bioelectrical Medicine Market like the dearth of trained professionals. The global Electroceuticals/Bioelectrical Medicines Market is classified on the basis of product, type of device, end-user, application, and geography.


On the basis of products, the global Electroceuticals/Bioelectrical Medicine Market is classified as Cochlear Implants, Deep Brain Stimulators, Transcutaneous Electrical Nerve Stimulators, Vagus Nerve Stimulators, Cardiac Pacemakers, Spinal Cord Stimulators, Sacral Nerve Stimulators, Retinal Implants, Implantable Cardioverter Defibrillators, and the other Electrical Stimulators. In 2016, the Implantable Cardioverter Defibrillators sector is projected to hold the largest share of the global Electroceuticals/Bioelectrical Market. Nevertheless, during the forecast period, the Retinal Implants are anticipated to grow at the highest rate.

On the basis of type of device, the global Electroceuticals/Bioelectrical Medicine Market is classified into two major classes: Implantable Electroceuticals Devices and Non-Invasive Electroceuticals Devices. As of 2016, the Implantable Electroceuticals Devices dominate the largest share of the Electroceuticals/Bioelectrical Medicine Market. On the other hand, during the forecast period, the Non-Invasive Electroceuticals Devices is estimated to grow at the highest rate. On the basis of end-user, the global Electroceuticals/Bioelectrical Medicine Market is classified as Hospitals, Individual Users, and Research Institutes. In 2016, the largest market share was dominated by hospitals.


However, during the forecast period the individual users are anticipated to hold the highest share. On the basis of application, the global Electroceuticals/Bioelectrical Medicine Market is classified as Cardiac Pacemakers, Implantable Cardioverter Defibrillators. Transcutaneous Electrical Nerve Stimulators, Sacral Nerve Stimulators, Spinal Cord Stimulators, Cochlear Implants, Deep Brain Stimulators, Vagus Nerve Stimulators, and the other Electrical Stimulators. On the basis of geography, the global Electroceuticals/Bioelectrical Medicine Market is classified as North America, Europe, Asia Pacific, and Rest of the World. North America is projected to dominate the largest share of the global Electroceuticals/Bioelectrical Market.

The factors that attribute to the large market share by North America are growing incidences of diabetes and cancer, rising occurrence of hearing loss, increasing prevalence of arrhythmia, high frequency of chronic diseases, and so on. Nevertheless, during the forecast period, Asia Pacific region is anticipated to rise at the highest growth rate owing to factors like increasing geriatric population, rising prevalence of diabetes, growing occurrence of loss in hearing, and so on. Some of the prominent players that fuel the growth of the global Electroceuticals/Bioelectrical Medicine Market include Cefaly Technology, Stimwave LLC, Vomaris Innovations, Inc., EnteroMedics Inc., NeuroSigma, Inc.

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Second Sight Medical Products, Inc., ElectroCore LLC, BioElectronics Corporation, MED-EL, Oticon Medical, Medtronic plc, St. Jude Medical, Inc., Boston Scientific Corporation, Cochlear Limited, Sonova Holding AG, LivaNova PLC, Biotronik, and Nevro Corporation.

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Chlorinated Polyethylene Market Industry Growth, Demand, Analysis and Forecast to 2025

The Global Chlorinated Polyethylene Market size was estimated at USD 431.6 million in 2016 and is anticipated to reach USD 890.3 million by 2025. The global market for chlorinated polyethylene is expected to witness an exponential growth over the forecast period due to its broad spectrum of application and advancement of technology. Chlorinated polyethylene resins and thermoplastic polymers elastomers are having physical and chemical properties improved. Thereof are used as the thermoplastic elastomer, for modifying various resins such as Polyethylene (PE), acrylonitrile butadiene styrene (ABS), and polyvinyl chloride (PVC). Chlorinated polyethylene resins provide resistance against abrasion, weather, oil, heat, fire, and chemicals.

Other (PE-C) properties include excellent mechanical and physical properties, high charge acceptance, tensile strength and low-temperature performance. Applications of resins and chlorinated polyethylene elastomers include geo-membranes, as an impact modifier and a flexible sheet, roofing membranes, molded shapes, automotive extrusions and cable sheaths and as polymer based. The growing demand for resins and elastomers chlorinated polyethylene impact change request should drive market growth. Impact modification is the largest application of the PE-C in terms of consumption. It is widely used for modifying the impact of PVC fence, terrace, window profiles, pipes and vinyl siding.


CPEs are added to PVC formulations, PE, and PP plastic products to improve weather resistance, the welding strength, low-temperature performance, and impact resistance. In addition, the growing demand for the flexible sheet in electrical son and cables, roofing applications and rubber products for seals and shoe soles. Flexible sheets of industry experienced strong growth in the Asia-Pacific region due to the construction as well as electrical industries. These segments are driven by changing lifestyles and increasing disposable income. Further, increasing demand auto and industrial hose pipes are expected to fuel market growth resins and chlorinated polyethylene elastomers.

Due to its properties such as temperature resistance, oil resistance, chemical resistance, and ozone resistance; the CPE has become the ideal choice for applications such as oil pipes, tubes power steering fluid, cooling fluid distribution tubes. It can also be used for ventilation tubes and vacuum in the automobile. The automotive industry is driven by global demand for various types of automobiles for various applications. Industrial hoses are used for chemical delivery and oil delivery in different mechanisms of manufacturing plants. However, rising crude oil prices and therefore, the volatility of commodity prices should curb the growth of the market for resins and elastomers chlorinated polyethylene.


Polyethylene is made from crude oil derivatives and is subject to availability and price changes. In addition, the high cost of treatment for developing application-specific elastomer or resin should hinder market growth. Development of new applications in the pharmaceutical and health care should offer opportunities for market players. Due to the non-hazardous nature of the resins and chlorinated polyethylene elastomers, it can be used for the manufacture of pharmaceutical factories and the health industry. Asia-Pacific was the largest market for resins and elastomers chlorinated polyethylene in terms of consumption. China accounts for the largest share of the global market in terms of production and consumption.

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Most CPE in China is used to impact modifier and implementation pipes. Demand from Europe and the rest of the world is expected to grow at a moderate pace. Asia Pacific was followed by North America, where the United States was the largest consumer. The global market of elastomers and Chlorinated polyethylene resins are highly concentrated with a few players dominating the market. Most players have their manufacturing plant in China and the Chinese vendors’ threat is moderate because of the high cost of treatment. The main chlorinated polyethylene resins and elastomers market players include Cevo Industry Ltd., Shandong Sanyi Industrial Co. Ltd., WeifangPolygr and Chemical Co. Ltd, Sanyi Chemical, Novista, DuPont, Lianda Corporation, Sundow Polymers Co. Ltd., and Dow Chemical Company.

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Battery Recycling Market Growth Overview and Estimates Market Size by 2025

The Global Battery Recycling Market size was valued at USD 8.74 billion in 2016 and is anticipated to reach USD 21.04 billion by 2025, with a CAGR of 10.4%. Stringent government regulations coupled with a progressive environment to pursue factors related to reduction in emission of formidable greenhouse gases and compliance with environmental protection and conservation is proving to be a growing impetus for battery recycling market. Spent batteries pose immense health hazards and impair the ecosystem significantly and coupled with government recognizing the need for implementing initiatives in order to recycle batteries are constructive drivers to the market.


Successful JV’s between profitable ventures and NGO’s in collaboration with leading automobile manufacturers has boosted the battery recycling market. Battery recycles market still being in nascent stage and giving leverage to technological advancements comprising new entrants and small players descending on the market with high capital investments notwithstanding, market is surging forward thanks to growing incentives from government and environmental institutions. Mergers and Acquisitions (M and A) have also incremented sales forecasting impressive sales figures with concurrent business expansions leading to satisfied customers.


Restraints, owing to ignorance of discerning populace in relation to battery recycling and environmental constraints with regard to battery disposal exists, with the awareness level of industries continuing to be strong thanks to the application of recycled battery in electronics and automotive sectors. Based on battery source, Battery recycling market is segmented into automotive, electronic appliance and others. Based on chemistry, battery recycling market is segmented into lithium ion, lead acid and Nickel Cadmium (Ni-Cd). Based on end-use, the classification comprises extraction of material, repackaging, reuse and second life, disposal.

Region-wise segmentation includes North America, Europe, Asia Pacific, MEA and Latin America. The automotive sector in battery recycling market continues to enjoy wide popularity in the spent battery source segment during the forecast period and hence is a confirmed market leader in the battery recycling market. A proportionately high figure of lead acid batteries conventionally employed in vehicles and displaying a pre-disposition towards the recycling industry has given rise to battery recycling market which has boosted the market. As a news article dated Jul 2016 puts, a record 7.3 million pounds’ worth of single use and rechargeable batteries have been recycled in 2016.


This corresponds to an excess of 115 million batteries being diverted from Canadian and U.S landfills and being put to recycle over the past 20 years. As news article dated Mar 2016 puts in print, the actual amount of waste batteries collected in 2015 exceeded 14,879 tons and a significant drop is observed in last quarter of the year totalling 4,022 tons. The amount noticed was in a ratio of 2507 tons for lead acid batteries to 125 tons with Ni-Cd batteries.

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The news also lets out that recycling target can be attached to only portable batteries and UK has significantly raised the portability bar to 4Kg and in accordance with this stipulation, waste batteries weighing more than 4Kg cannot be termed as portable. The key industry players include battery Solutions LLC, Call2Recycle, Inc., EastPenn Manufacturing Co, EnerSys, Exide Technologies, G and P Batteries, Gravita India Ltd., Johnson Controls, Inc., Retriev Technologies, Inc., and UmiCore N.V.

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Atherectomy Devices Market Key Players, Industry Overview and forecasts to 2025

The Global Atherectomy Devices Market size was valued at USD 488.04 million in 2016 and is anticipated to reach USD 894.69 million by 2025, with CAGR of 6.97% over the forecast period. Increase in prevalence of Peripheral artery disease (PAD) and Deep vein thrombosis (DVT) is expected to drive the market growth over the forecast period. Increase in aging population in the US and in economically developed countries resulting in high requirement of medical devices for chronic illness. This is expected to escalate the market growth of Atherectomy devices. Major factors such as rising life expectancy declining fertility rates play a major role in market growth in the foreseeable future.

Change in lifestyle trends and eating habits increase Consumption of cholesterol and fatty foods among individuals and lack of exercise which has been a major reason for coronary artery disease and high risk of heart attacks. Depending on the severity of the health issue atherectomy devices are used in the surgery by the doctors. Diabetes, high blood pressure, obesity and smoking causes the blood arteries to marrow and limit the blood supply to the heart. It is estimated that 382 billion people throughout the world have diabetes. Environmental factors such as foods, viruses, toxins and unbalanced work life play a role in development of diabetes.


Growing number of patients with these vascular diseases are expected to proliferate the demand for atherectomy devices. Adopting advanced technology by using laser, ultraviolet radiation and recombinant issue technology and 3D image generation provides a better scope for the market. Added benefits such as minimal incisions, higher surgical restoration rate, low postoperative complications increase more patients opting for atherectomy devices. New technological advancements and the recent FDA approval of Two drug coated balloons are increasing atherectomy procedural volume and driving growth in the demand for atherectomy devices.

Recalls of medical devices has been a major issue in pharmaceutical industry. Every device should maintain the standard quality and safety measures set by the Food and Drug Administration (FDA). All the manufacturing firms should ensure that the products are safe and do not endanger the end consumer. Athrectomy devices face a tough competition from Catheter (Tornus) which has been developed for chronic total occlusion recanalization. However, Catheter has a lower success rate of only 77% as compared to the traditional atherectomy devices with 95%. Tornus catheter is also associated with longer procedural duration time with 144 minutes versus the atherectomy devices 115 minutes.


Lack of product differentiation forms a major challenge in the atherectomy market. Most companies trying to enter the market find it hard to overcome the product differentiation because they require high investment and lack resources to create products that can compete with the existing ones. High cost and limited awareness in certain regions of the world act as a restraint for the market growth. Atherectomy technique is a popular substitute for stents and angioplasty treatments. In stents and angioplasty, the deposited plaque is pushed inside the blood vessel, however in atherectomy the plaque is removed by using surgical methods. The technique has advantages over the other methods by providing increased wound healing rate.

The market has been classified on the basis of its device functions such as rotational, orbital, excimer laser, excisional, directional and Jetstream atherectomy. The largest share of the market is occupied by orbital and directional atherectomy due to minimal invasive treatment, blood flow restoration, reduction in procedure time and application in more complex cases. Market players are coming with better techniques and products to meet the requirement of the consumers. The market is segmented on the basis of geography such as North America, Europe, Asia pacific. North America is the leading player in the market followed by Europe. Peripheral artery disease affects nearly 10 million people and around 720,000 die every year due to heart attack in US making it the potential market for the devices.

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Higher number of surgeries are being performed in US and Europe due to better awareness among people and also availability of resources making them the leading regions in the market. Asia pacific can be a potential market for atherectomy devices since countries such as India and china possess the largest number of cardiac patients with an annual incidence of 7 million strokes. Tobacco consumption is rapidly increasing in south Asian countries in conjunction with economic expansion increasing their risk of artery diseases. Reduction of abdominal obesity through lifestyle measures can improve all components of the metabolic syndrome and likely delay the development of both diabetes and atherosclerosis.

Beyond lifestyle intervention, optimal management of risk factors to evidence-based targets are essential. High awareness of health problems caused due to change in lifestyle and optimal management of risk factors can improve the metabolic syndrome and likely reduce the development of both diabetes and atherosclerosis and hence reducing the demand for the atherectomy devices. The major companies of the market include Bayer AG, Cardiovascular systems, St. Jude medical, Boston scientific corporation, Abbott Laboratories, C.R Bard Inc., Volcano Corporation. The competition in this market usually depends on the technology used in manufacturing of the devices and also the pricing strategies.

Medtronic’s is leading competitor in peripheral atherectomy devices. Medtronic acquired Covedian in 2015 and is expected to remain in the leading position however it will face increasing competition from cardiovascular systems Inc.

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Friday 25 May 2018

Connected Retail Market Size, Share, Trends, Growth and Forecasts Report Up-To 2022

Global Connected Retail Market size was estimated at USD 11.17 billion in 2014. Technological advancements coupled with increasing numbers of IoT that is Internet of Things applications across the retail sector are estimated to drive the growth for the connected retail market. The industry has progressed significantly in the recent past due to numerous new technological advancements. Internet of things is the concept principally for connecting any device such as coffee makers, washing machines, wearable devices, cell phones, headphones, lamps, and several other things with an on & off switch for the internet connection. The technology is expected to generate opportunities in retail sector by providing advance fraud & theft prevention solutions and inventory management.


Moreover, it offers solutions to improve communication between customers and retailers. BLE that is Bluetooth Low Energy segment is estimated to witness positive growth in the near future due to a surge in installation and technology usage. Bluetooth low energy transmits less data for smaller distances and uses less power compared to Bluetooth. The marketing & retail payments verticals are more and more using BLE technology which is leading to customer loyalty, improved sales, and acquisition. BLE has increased customer engagement & marketing, in its application increasing contactless payments easier. Rapid drop in the components costs such as RFID sensors and tags has positive Impact on the industry growth.


Declining RFID cost has increased the demand for RFID components across the retail segment to curtail fraud and theft. Issues pertaining to privacy & security and lack of standards related to IoT are estimated to hamper industry growth over the next eight-year period. Hardware segment ruled the connected retail market in the recent past. The segment had over 60% of the total market revenue share in 2015, due to the increase in connected devices proliferation at consumer & retailer levels. Furthermore, hardware growth is enhanced by IoT including communication chips and sensors. RFID amongst hardware components is projected to grow at over 23% CAGR.

Increase in RFID components adoption in retail owing several advantages they offer which include monitoring customer behavior, preventing theft & fraud, inventory management, and preventing loss. NFC technology is estimated to witness growth at a 22%CAGR due to increasing in cashless payments adaption in the industry. It has several advantageous properties such as security, versatility, and ease-of-use. Software segment is estimated to witness the positive growth with more than 24% CAGR over the eight-year period. Software segment is booming due to increase in number of IoT applications throughout the industry. Retailers are more and more adopting IoT to have more customers’ interaction and gain competitive advantage.


Managed services sector is accounting for more than 40% in 2015, thus is estimated to witness positive growth over the forecast period. It reduces the repeated in-house IT costs and enhances the efficiency. It includes outsourcing the production support activities, support maintenance and lifecycle management activities among several others. As IoT in retail is gaining rapid adaption, retailers are continuously facing data safety threats. Thus, to manage the increasing data base, security, service providers invest heavily for disaster recovery and data protection solutions. The services for remote management devices are expected to grow at over 24%CAGR due to rapid growing remote devices adaptation at workplace.

This service provides security as it gives secure data access and thus prevents data misuse. North America is expected to dominate the connected retail market at global basis accounting for over 35% revenue share in 2015. Companies from this region, especially U.S. are investing heavily in IoT infrastructure, thus is estimated to drive the regional market growth over the next eight years. Asia Pacific region is projected to be a booming regional market and is estimated to grow at 25% CAGR over the eight-year period. Developing region in Asia Pacific such as India and China are expected to witness huge growth due to the increase in adoption of IoT.

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Key market players include Microsoft Corporation, Zebra Technologies Corporation, SAP AG, PTC, Inc., IBM, Cisco Systems, Inc., Softweb Solutions, Inc, NXP Semiconductors N.V., Intel Corporation, Google, ARM Holdings PLC and Atmel Corporation. Vendors are implementing strategies such as product innovation & differentiation by investing in research and development processes to gain advantage over its other competitors.
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Chromatography Resin Market By Suppliers, Type, Application and Sales Price, Forecast by 2025

The Global Chromatography Resin Market is estimated to grow at a decent rate in terms of value. Chromatography is a code of techniques used to purify as well as separate bimolecular substances such as proteins. Resin is the stationary matrices in the columns used in aforementioned techniques. Chromatography resins are particularly used in multi-modal, ion-exchange, size exclusion, affinity, and hydrophobic interaction techniques. The widely used techniques are ion-exchange and affinity chromatography largely operated in pharmaceutical, food manufacturing, environmental analysis, and biotechnology. Chromatography resins are available in three major types includes, synthetic, inorganic, and natural media.


Natural media polymers consist majorly of dextran, and agarose cellulose, and others. Industry prefers synthetic and natural type media over inorganic chromatography resins. In context with technology, ion-exchange chromatography experienced the largest consumption in the past few years. On the other hand, Protein A resins has witnessed the highest share of the market. Affinity chromatography had the key share in terms of revenue due to its higher selling cost integrated with affinity resins. The key drivers for the chromatography resins could be the heavy demand for monoclonal antibodies owing to a heighten number of critical diseases concluding in types of therapeutics.


Food analytics could be other major drivers for the market, due to its usage in nutritional and nutraceuticals chemistry. It deals with a major issue in food industry by determining the adulteration and additives in the food. Pharmaceuticals and biotechnology are the major end-users for chromatography resins and are estimated to continue with higher numbers. The industrial applications, such as environmental analysis and water treatment rely on these techniques. Various opportunities for the chromatography resins market could be in the academic usage of drug recovery and genetic engineering. However, government law and regulations integrated with aforementioned applications could be a major restraint for the market in the near future.

The growth in terms of therapeutic antibodies demand, increasing utilization of separation & purifying techniques in the food industry, and emerging R&D activities in biopharmaceutical are the some of the factors contributing to the chromatography resins industry growth. Monoclonal antibodies therapeutics are rapidly capturing importance with rise in critical diseases across the world. The major factor restraining the global industry is the lack of skilled professionals. The adequate usage of chromatography equipment requires skill, knowledge, and expertise in different techniques. For example, the pharmaceutical industry is experiencing a lack of adequate professional to work on chromatography equipment and their different techniques.


The key strategies opted by resin manufacturers include low-cost production with better properties for binding. The key manufacturer such Bio-Rad, Millipore, GE Life Sciences, and Tosoh Corporation concentrate on manufacturing resins at lower cost with high productivity to make a competitive edge. Affinity chromatography resins, including protein A based resin are considered to be the most expensive as compared to others. However, with the expiry of current patent would reduce the cost over the next seven years. In the past few years, leading manufacturer are adopting strategy of advancement and introduction of new product with higher productivity. Therefore, manufacturers are now investing heavily into R & D activities.

North America is estimated to hold a huge revenue share in the industry. The U.S. has witnessed the largest number of demand particularly in biopharmaceutical sector due to its heavy investment and improvement in the R & D. In this region, the growing opportunities for chromatography resins are primarily into Bio and pharmaceutical sector. However, the Asia Pacific domestic market is estimated to witness significant growth over the forecast period owing to its maximum growth in context with consumption. Some of the key players in the industry include, Tosoh Corporation, Pall Corporations, Bio-Rad labs, Life Technologies Crop, Repligen, and GE Healthcare Life Sciences, and others.

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The aforementioned manufacturers are revamping their strategies to gain the competitive edge by lowering their product prices with high productivity. Life technologies are projected to introduce ‘POROS’ resins in BPD (Bio Pharmaceutical Development) and production week conference. Purolite International Ltd. has introduced their plans for development and improvement of bio separation and purifying chromatography resins based on the agarose media. This new product line is anticipated to cater the rising demand in bio molecules global market. Purolite has expanded a facility to react the rising demand for its agarose Protein A resin, which are highly used for monoclonal antibodies purification.
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Biochar Market Share, Future Demand, Business Prospects, and Industry Analysis, 2025

The Global Biochar Market is anticipated to reach USD 3.14 billion by 2025, expanding at a CAGR of 13.1% during the forecast period. Biochar market is expected to experience a lucrative growth on account of rising demand from the agricultural sector in numerous countries including Australia, Germany, Canada and U.S. The products capability to improve plant growth and soil fertility is projected to be a major factor owing to rising demand for organic food and increasing the population. Biochar confiscation, in combination with sustainable biomass production, is expected to be carbon-negative and thus used to actively remove carbon dioxide from the environment, with key effects for adaptation of climate change.


Rising significance of biochar in livestock farming as it offers essential nutrients is anticipated to impel growth over the upcoming years. Rising meat consumption is projected to play a major role in the expansion of the industry over the forecast period. Rising trend for organic farming in Europe and North America on account of extensive production is estimated to impel the growth over the upcoming years. Government initiatives for gasification projects on a large-scale are key factors that are projected to promote biochar market growth over the next eight years. The dearth of consumer awareness about long-term benefits of biochar is expected to be a key challenge for market growth.


Technological constraints and financial barriers are estimated to act as a restraint to industry growth over the next eight years. Rising demand for organic farming and organic food will open new opportunities for producers, thus stimulating the market growth. Pyrolysis technology is expected to witness rapid growth on account of high yield coupled with stability and high carbon content. Pyrolysis technology is expected to be the most efficient and effective ways of producing the superior quality product. Gasification technology is expected to decline its demand over the upcoming years in light of not producing stable biochar which will be usable in agriculture for soil enhancement and soil amendment purposes.

Applications of gasification technology include large biomass reactors for power and energy generation. Other technologies include hydrothermal carbonized, acid hydrolysis and cooking stove. In 2014, agriculture was the largest application segment which accounted for more than 85% of the market share. Livestock farming which includes poultry farming, meat production and cattle farming add to a large extent to the overall consumption in agriculture. Other applications include waste treatment and water treatment services. Developing economies include India and China have experienced an increase in demand for water treatment facilities on account of rising need for growing hygiene awareness and improved water infrastructure.


North America was observed to be dominating the industry in 2015 with 162.8-kilo tons and is anticipated to show noteworthy growth in light of increasing trend for organic food and high consumption of meat followed by Europe with over 24% of the market volume. Europe and North America have experienced a noteworthy rise in the number of medium and small scale producers which is anticipated to play a key role in expanding the industry. Australia is estimated to experience a steady growth over the next eight years on account of increasing number of companies and increasing awareness about the product’s advantages and benefits. Growing consumption of biochar in livestock farming in light of its capability to offer essential nutrients and maintain the health of livestock is expected to stimulate industry expansion in the region.

Stringent government norms also account to support organic farming is expected to open new opportunities over the next eight years. The key market players operating in the industry include LLC, Biochar Supreme. Timber companies including West Fraser, Georgia-Pacific, and Weyerhaeuser supply wood pellets and wood residue to numerous biochar manufacturers. The industry, particularly in North America, has numerous small industrialists such as Cool Planet Energy Systems Inc., which are involved in the entire value chain from production stage to the selling stage. Companies such as Cool Planet Energy Systems Inc., Pacific Pyrolysis, 3R ENVIRO TECH Group and Phoenix Energy offer pyrolysis technology waste to energy solutions and produce the product.

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Automotive NVH Materials Market Share, Size, Future Demand, Business Prospects, Leading Players By 2025

The Global Automotive Noise, Vibration and Harshness (NVH) Materials Market size was estimated at USD 8.02 billion in 2015 and is expected to reach USD 13.09 billion by 2025. This market can be directly linked to the increased demand for automotive. Asia Pacific captures approximately more than 50% of the global automotive NVH materials which leads to huge growth in demand for cars in China, South Korea, India and other Asia Pacific countries. The expected rises in investments in this sector followed by rise in standard of living are some other key factors for the growth in this sector. Influences in buying decision, boom in automotive industry are the other secondary factors which are expected to directly impact the growth in this sector.


The entire market for automotive NVH materials is segmented based on applications, material types, vehicles types, region, forecast revenue growth, and analysis of trends in each of the sub markets. The application segment is divided into absorption and insulation. Absorption is expected to capture the largest pie in terms of market share from application segment followed by insulation. The materials for absorption are produced by using various thermoplastic polymers, rubbers and engineering raisins. Various types of rubbers such as synthetic rubbers, EPDM and NBR are being used by manufacturers for fabrication purposes to the various parts of automobiles to control the dampened vibrations as experienced by the end users of the vehicles.


Besides rubbers have excellent physical properties such as high density, vibration absorption properties, high heat, and weather resistance which makes these combinations an ideal material for NVH. Another NVH material used in the absorption application is Polyurethane foam sheet because of similar properties. So it can be inferred that because of the unique physical and chemical properties of rubber and related materials used in absorption application is the key to have the largest market share of NVH materials market. On the basis of material types, the market for NVH materials is divided into rubbers, thermoplastic materials and engineering raisins. On the basis of car types the NVH materials market is divided into cars, buses, heavy commercial vehicles and light commercial vehicles.

Cars segment enjoyed the largest market of automotive NVH materials in 2014. The demand for automotive NVH materials can be directly linked to the demand of various automobiles. Based on the past trends and usage experience by the end users heavy weight commercial vehicles are expected to be the fastest growing sector by vehicle type during the upcoming forecast period. It can be inferred that the key drivers to this growth is heavy usage of these vehicles in transportation of those goods which are bulk and heavy in nature. It is observed that there is an increase in the infrastructure projects such as houses, commercial buildings in the emerging markets and developing nations such as China, India, and Brazil.


Therefore, the demand for construction materials has been increased to many folds so in order to transport these raw materials for bulk supply. This demand is directly proportional to the usage of HCVs. So this trend has increased the demand for heavy weight commercial vehicles in these countries and which subsequently lead to the increase in the demand for automotive NVH materials. So it can be concluded that the upcoming infrastructure projects across the glove are charting a big path for the huge growth of HCV which will eventually create a huge market potential for automotive NVH materials. On the basis of geography, the automotive NVH materials market is segmented into North America, Europe, Asia-Pacific, and rest of the world (RoW).

Each region is further divided by leading countries such as the U.S, Canada, Mexico, China, Japan, South Korea, India, Germany, France, the U.K, Turkey, Brazil and other countries. Under Asia-Pacific region, the key contributing countries are China, Japan, South Korea, and India. These countries make Asia – Pacific region to capture the largest market share geography wise. This is because these countries have undergone major developments in infrastructure sector which can be directly linked with the demand for HCV transportation followed by the consecutive demand for automotive NVH materials. The Asia-Pacific market captured the largest pie and dominated the global automotive NVH market.

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Not only with huge investments in the automotive industry and heavy advancements in the technological developments Asia-Pacific region is expected to remain the number one in terms of market share, volume and by revenue till 2020 but also Asia-Pacific region wise is expected to be one of the fastest-growing market for automotive NVH materials. This high growth factor is mainly due to growing automotive market and increase in domestic demand in the countries such as China, India, South Korea and Japan. China mainly dominated the NVM materials market from the Asia – Pacific region. It is immediately followed by the U.S. It is expected that India will surpass South Korea and Japan in automotive NVH materials in the near future as India is at present the fastest growing market.

From the growth trends it can be inferred that international companies manufacturing automotive NVH materials will find it reasonable to invest in the Asia – Pacific region due to lower cost in production and availability of cheap and skilled labors. But to every pro there are a few cons. A few restraint factors have been identified for this market which can have a direct impact on the growth factors. Presence of active noise control system is being used by many automotive manufacturers to control noise. So in this situation the NHV materials demand is expected to decline at a sharp rate. Active noise control system acts as a threat to substitute to NVH materials.

Other threat to substitutes which restrain the demand for NVH materials are usage of metals and alloys which reduced the dampening effect of NVH. The key leaders in the automotive NVH materials market are ExxonMobil Chemical Company from the U.S., Mitsui Chemicals Inc. from Japan, The DoW Chemical Company the U.S., Celanese Corporation from the U.S., 3M Co. from the U.S., Covestro from Germany, Borgers AG from Germany, BASF SE from Germany, Lanxess AG from the U.S. and Huntsman Corporation from the U.S.
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Application Management Services Market Growth Analysis, Demand by Regions and Global Forecasts to 2025

The Global Application Management Services Market is expected to reach USD 87.60 billion by 2025, An application management service comprises of combination of various implementation, projects and operational services in an organization to optimize its activities. They are used to maintain applications and support users for long term period. Operating costs can be reduced, applications systems can be improvised and software processes can be improved by implementing application management services thereby ensuring faster and better performance of business processes and applications. Current market trend in application management services include outsourcing activities, hosting cloud applications and mobile models.


There have been remarkable technological improvements and changing business models in recent times in addition to optimization of processes that drive the deployment of these applications. Application management includes various domains such as Application outsourcing as a part of packaged and custom management, Hosted Application Management as a part of Cloud modelling, Customized application management that employ various application factory models and best practices, testing service portfolios provided by cloud providers and traditional systems. Global cloud services market is expected to grow over 16.5 percent to a total above $204 billion up from $175 from 2015.


The highest growth is expected to come from cloud system infrastructure services which includes infrastructure as a service and is expected to have a growth rate of over 38.4 percent in the forecast period. The largest segment in the application service market is the cloud advertising service that is expected to grow above 13.6 percent to reach over $90.3 billion. This continuous growth marks a shift away from systems maintaining legacy infrastructure services. IaaS is the strongest growing segment as organizations choose to drift away from infrastructure employing data centers and move their hardware into public oriented cloud based services to store data.

Few market enterprises have become market leaders in this segment as they emphasize on differentiating the applications they provide by bringing about new ways of storing and maintaining Data. Software as a service (SaaS) is expected to grow at a rate of over 20.3 percent in the forecast period and have a revenue of around 37.7 billion. Vendors in this market prefer moving to cloud based offering from on-premises licensed software systems that are much more expensive. This trend is expected to show remarkable improvements in the near future. Major vendors in Cloud services can is expected tp fuel the Saas Market as well. Web applications, web services, Client-server systems, Content management, Reporting, Integration of different systems within an organisation form customized application development.


Mobile applications comprise of Bluetooth, GSM, GPRS, SMS and MMS applications. Application management services aim at goals that result in operational excellence and achieving measurable and specific objectives. The common objectives that companies aim at are minimized risk , Cost reduction, Improved quality , Speed to market, Standardization Improved governance and optimized transparency. Next generation application management services aim to balance legacy infrastructure systems while simultaneously discovering new business opportunities. These services play a major role in improving processes owing to reduced costs, better agility and reliability.

Application management also emphasis on integration of upcoming technologies that combine modules at different interfaces. Transformation in development and procurement of application management services can be attributed to the upcoming technologies that are a result of integrating social and mobile applications into cloud computed systems. Organizations now focus on micro applications that can be created faster in shorter periods, highly collaborated and deployed spontaneously at the earliest possible. An important component of next generation application services includes techniques that can help developers integrate rapid application updates. Application.

Vendors who offer these next generation services should be carefully assessed for specific quality standards that can optimize agility and responsiveness of the business which account for increased savings and continuous improvements. Growing needs to maintain confidential data and providing security to clients is crucial and can be handled by application services that include performance monitoring and tuning, databases and maintenance, encryption and decryption and use of private and public keys. Financial institutions and banks have been major clients of IT firms that develop applications that can support these institutions with a secured system.

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Efficient application management services optimize their performance based on transformation levers that have wee defined cost benefit analysis and adhere to implementation timelines with respect to deployment of these services. Banks and financial institutions operate in a controlled environment where margins are contracted with strict regulatory requirements. Hence, they tend to focus on continuously optimizing their processes. Consumption-based pricing, that include having licenses and maintenance and support services cost, is a model that is slightly risky but has an increased flexibility of application management services. There is service based pricing techniques that make way for new application management services.

Focus of application management services is to have continuous productivity optimization with respect to scalability, better service quality levels and commitment to faster delivery of services to clients and thus generating better business values. Major restraints can include compatibility issues that arise from new versions of devices that do not fit in with the existing application service and enhancements that can hinder the use of systems that have been hired for these applications to run. There should also be a continuous flow from the sales pitch to the delivery of AMS. During the development lifecycle of an application management service, testing is done in order to check for security issues.

Usually at this stage, there are no bugs found but on discovery can have heavy expenses on the organisation. Hence, it is necessary that security is taken care of from the initial requirements stage thus avoiding to rely on the testing phase. This process drives down the cost of making these applications secure instead of having to rework on the entire application again. Key competitors in the market include Accenture, IBM, Infosys, TCS. Other prominent vendors include Atos Origin, CSC, Bourntec Solutions, Cognizant, Deloitte, HP, Iblesoft. Regions that focus on this market are Americas, APAC and EMEA. Applications prevalent globally are SAP systems and ERP systems that employ integrated modules to provide a single platform and make tasks simpler.
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Thursday 17 May 2018

Solar Powered Drones Market Opportunities and Growth Forecast by 2025

Solar Powered Drones are commonly called as solar-electrically powered fixed wing unmanned aerial vehicles that display significant flight endurance over entirely electrical or even gas operated aerial vehicles. Under appropriate environment situations, a solar powered drone (UAV) stores surplus energy during day time which then keeps the aircraft powered throughout the night. The key driving factors responsible for the growth of solar powered drones market includes demand for heavy surveillance for crime investigations. Additionally, rising rate of traffic and road accidents have been increasing lately.


Heavy endurance capability is particularly a matter of interest for applications such as large-scale mapping, observation or telecommunication relay. Such specifications can be applied in search and rescue (SAR) missions, industrial or agricultural inspection, meteorological surveys, border patrol, air surveillance etc. Technically, a solar powered drone is designed to fly at a low altitude with efficient energy. Batteries are used during flight operations and while batteries are fully charged, excess energy is used to gain potential energy. The airframe design is built in traditional rib-spar construction method. The wing’s pivot element is an inner cylindrical carbon-fiber spar used as a resistance to wing loads.


Trapezoidal belts comprising four-carbon belts and a varying cross section are attached to the spar to optimally resist bending of solar cells and the main wing can be disassembled into three wing pieces of less than 2mm each. Further, energy generation and storage consists of cylindrical wing spars fitted with high energy density Lithium-Ion batteries to enhance the distribution of mass in a span loader. Avionics is mainly operated around a pixhawk PX4 autopilot which is an open source and open hardware with a Cortex M4 microprocessor running at 168 MHz and 192Kb RAM.

On a commercial scale, innovative technologies coupled with favorable funding for R&D in solar powered drones is a significant dynamic to the solar powered drones market growth. Commercial domains such as energy, entertainment, telecommunications, journalism and governments are now emphasizing on viability of solar-powered drones. Therefore, market dynamics coupled with market driving factors enable fertile opportunities for market growth and sustenance during the forecast period.


To monitor the road mishaps and report for timely delivery marks the significance of solar powered drones. The device is also known to deliver stats on number of vehicles passing per day on a particular highway which is again important to understand traffic scenario in a particular area. However, power consumption and limited mode of operation is likely to hamper the market growth during the forecast period. On the basis of application, the global solar powered drones market is segmented into energy, agriculture, government & defense, telecommunication, media & entertainment.

On the basis of geographic segmentation, the global solar powered drones market spans North America, Latin America, Middle-East, Asia-Pacific and Africa. North America dominates the global market during the forecast period owing to defense and military operations. Latin America is anticipated to grow during the forecast period owing to expansion of solar-powered drone capacities. APAC market such as India, China, Japan, Australia, Singapore are now turning towards adoption of this technology resulting out of social and security needs.

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Middle-East and African regions are anticipated to grow at a slower rate during the forecast period owing to slow growth in technological advancements. The key players in the global solar powered drones market include Boeing Phantom Works, Google (Titan Aerospace), and Airbus (QinetiQ), Facebook (Ascenta), AeroVironment/NASA, Lockheed Martin (Hale-D), Bye Engineering, and Atlantik Solar.
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