World Neem Extract Market is expected to reach $2.04 Billion by 2022; Finds New Report

World Neem Extract Market – Opportunities and Forecasts, 2015 – 2022, the world neem extract market is expected to generate a revenue of $2.04 billion by 2022, with a CAGR of 17.4% from 2016 to 2022. In 2015, Asia-Pacific was the highest revenue-generating region, accounting for 51.8% share of the overall neem extract market revenue. In the same year, the agriculture segment occupied a prominent share among the different application segments.

Increased R&D and study in the field of neem has resulted in growing awareness about the efficacy of different parts of a neem tree, thus making it an important ingredient in several organic food and cosmetics products. Based on application, the world neem extract market is categorized into agriculture, personal care, pharmaceutical, and animal feed. In 2015, the personal care segment contributed approximately 1/7th of the overall neem extract market revenue and is estimated to grow at a CAGR of 19.6% during the forecast period. The growth is primarily attributed to increased awareness among consumers about the adverse effects of chemical-based personal care products, leading them to shift towards organic products. Pharmaceutical segment, which accounted for around 8.9% market share in 2015, is expected to witness a double-digit growth over the analysis period, owing to growing inclination of consumers toward Ayurveda and natural treatment of diseases without any side effects.

By geography, APAC is the major contributor in the neem extract market. It is expected to be the highest revenue-generating region during the forecast period. Widespread awareness about the benefits of neem have resulted in huge demand of neem in the European and North American markets. North America is one of the largest importers of neem extract. However, Europe is likely to grow at a rapid rate with a CAGR of 20.3%. The regions are further bifurcated into major countries, such as the U.S., Canada, and Mexico in North America; U.K., Germany, France and Rest of Europe in Europe; India, China, Japan and Rest of Asia-Pacific in APAC; and the Middle East, Africa, and Latin America in LAMEA. The demand for organic food, personal care products and growing concerns about environmental-friendly agriculture products are expected to foster the growth of neem-based products, globally.

Key findings of the study:

  • The world neem extract market is expected to exhibit significant growth during the forecast period owing to the growing awareness about the side effects of chemical-based personal care products, concerns regarding environmental degradation, and adoption of natural and herbal products to cure health diseases.
  • In 2015, the agriculture segment accounted for 67.9% share of the overall neem extract market revenue.
  • APAC is the highest revenue-generating segment and is likely to continue this trend throughout the forecast period.
  • The personal care segment is expected to grow with a rapid CAGR of 19.6%
  • Europe would be one of the most lucrative markets in terms of growth, registering a CAGR of 20.3% during 2016 – 2022.

Market players have increased their product offerings to cater to the need of consumers. Neem extracts are exported to different regions as the demand for natural and environmental-friendly products is rising. In 2014, AG Global, a U.S.-based organic fertilizer manufacturing company, signed an agreement with EID Parry India Ltd. to add neem products to its product line. This partnership enabled Parry to access AG Globals distribution channels across North America. The key companies profiled include E.I.D Parry India Ltd., Neeming Australia Pvt. Ltd., Bros India Group, Agro Extracts Limited, Parker India Group, Fortune Biotech Ltd., The Indian Neem Tree Company, Ozone Biotech, PJ Margo Pvt. Ltd., and Gramin India Agri BusiNest.

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World Medical Tourism Market is Expected to Reach $143.8 Billion by 2022; Finds New Report

World Medical Tourism Market – Opportunities and Forecasts, 2014 -2022, projects that the world medical tourism market would reach $143.8 billion by 2022, with a CAGR of 15.7% from 2015 to 2022. Cancer treatment would continue to be the highest revenue-generating segment throughout the forecast period. North America and Asia-Pacific are estimated to remain principal revenue-generating regions and collectively accounted for more than 60% of the global medical tourism market in 2015, in terms of revenue.

The major factors that boost the market growth include, affordability, availability, and accessibility of superior quality healthcare services with healthy support and assistance from tourism departments & local governments. In addition, increasing incidence of cancer and other serious ailments is anticipated to drive the demand for healthcare services, which in turn is expected to drive the world medical tourism market. Limited coverage and lengthy partial reimbursement offered by insurance companies along with difficulties associated with cross border travel, such as language barriers, connectivity, documentation, and Visa approval issues, are likely to restrict the market growth.

Cancer treatment segment would continue to lead the market throughout the analysis period owing to increase with the number of cross-border travelers seeking better cancer treatment. In addition, cancer treatment is expensive and prolonged, hence better treatment available at affordable prices motivates several patients to choose medical tourism. North America and Asia-Pacific are the major hosts for travelers seeking cancer treatment. Neurological treatment emerged as the fastest growing segment with a CAGR of 16.2%, in terms of revenue, during the forecast period. Neurological treatment requires high level of expertise and limited personnel with requisite expertise. Increasing number of people are diagnosed with neurological ailments, owing to their stressful lifestyles. This is anticipated to increase the number of medical tourists travelling to destinations for better neurological treatment.

Geographically, North America and Asia-Pacific dominated, and collectively accounted for two-thirds of the overall medical tourism market in 2015. The growth of these regions is attributed to the availability of affordable medical treatments for several disease conditions in countries such as Mexico, Thailand, Malaysia, India and Singapore. However, Asia-Pacific is the fastest growing region followed by LAMEA, owing to the increasing treatment success rates, coupled with the affordable price range. Within Asia-Pacific medical tourism market, India and Malaysia are few of the fastest growing countries.

Increase in reach of internet and various medical tourism associations such as Europe Medical Tourism Alliance (EuMTA) & Medical Tourism Association (MTA) along with medical travel agencies in the last decade, helped to raise awareness about the treatment options beyond the home country. Furthermore, several medical travel facilitators have emerged, such as Beijing Saint Lucia Consulting Ltd, Kangtai Health Network, Ryavo Healthcare, Medigo, PlacidWay, and government tourist associations of respective countries. These agencies provide assistance ranging from information about available treatments and their quality in various destinations to travel arrangements, accommodation, and post-treatment recovery.

Key findings of the study:

  • In 2015, cancer treatment segment generated the highest revenue, accounting about one-third of the overall market revenue and is projected to grow at a CAGR of 16.0% during the forecast period.
  • Neurological treatment segment is expected to grow at an above-average CAGR of 16.2%, owing to increased number of skilled medical personnel.
  • North America accounted for about one-third of the global medical tourism in 2015. Mexico occupies the major market share within North America followed by the U.S.
  • The Asia-Pacific region is anticipated to be the fastest growing medical tourism market during the analysis period, followed by LAMEA region.
  • Thailand, Singapore, and India are the major shareholders in Asia-Pacific with a combined share of more than three fourth of the medical tourism market in the region.

Major market players have established overseas promotional offices to attract more medical tourists. Moreover, respective tourism departments promote their countries as center of excellence in specific healthcare services. Such strategic measures aid in increasing the number of medical tourists choosing to avail their healthcare services. Key service providers include Apollo Hospitals Enterprise Limited, Fortis Healthcare Ltd., Asian Heart Institute and Research Centre Private Limited, KPJ Healthcare Berhad, Barbados Fertility Centre, NTT Medical Center Tokyo, Seoul National University Hospital, UZ Leuven (University Hospitals Leuven), Infectious Diseases Partners Pte. Ltd., Aditya Birla Memorial Hospital, Barbados Fertility Centre, Prince Court Medical Centre, and Samitivej Public Company Limited.

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World Food Intolerance Products Market is Expected to Reach $13.9 Billion by 2022; Finds New Report

World Food Intolerance Products Market -Opportunities and Forecasts, 2015-2022, the market is poised to reach $13.9 billion by 2022 with a CAGR of 6.9% during 2016 and 2022. The increase in count of celiac patients and health conscious consumers propels the growth of food intolerance products market. Lactose-free and diabetic food products segment accounted for over half of the global food intolerance market in 2015.

Major market drivers include, the rise in prevalence of food intolerance accompanied by increasing popularity of specialty well-being food products, resulting in constant sales growth for food intolerance products. Majority consumers choose food intolerance products over their alternatives to avoid consumption of food ingredients that are perceived to have negative impacts on the health even without being diagnosed with intolerance. With growing celiac and crohns diseases and consumer health consciousness, the demand for food intolerance products has grown considerably. This rising trend in gluten-free products is majorly fuelled by celiac diagnosed patients, improved government (labelling) regulations, and innovative new product launches. However, the high cost of gluten-free products and lack of awareness on food intolerance products restrict the growth of world food intolerance products market.

Lactose-free food products and gluten-free food products segment held a prominent position with major revenue share and is projected to continue its dominance during the forecast period. Lactose-free dairy products and gluten-free bakery products are the major revenue generating subsegments in respective sectors.

Key findings of the study:

  • Gluten-free baby food products are projected to be the fastest growing segment in world gluten-free food products market registering a CAGR of 8.8% during the forecast period.
  • Lactose-free dairy products held around two-thirds market share in the world lactose-free food market in 2015.
  • North America is projected to occupy the highest market share with a CAGR of 5.3% during analysis period.
  • The U.S. would continue to lead the North America food intolerance products market with a CAGR of 5.1% during the forecast period.
  • Germany held largest market shares in the European region in 2015, whereas Poland intends to grow in the future with the highest CAGR of 9.6% during the forecast period.

North America accounted for more than half of the world food intolerance products market in 2015 and is expected to maintain this lead position throughout the forecast period. This was due to increased diagnosed individuals of celiac disease and the rising diabetic patients, owing to which consumers have increased the consumption of gluten-free and diabetic food products, thereby increasing the demand for the food intolerance. However, Europe is projected to be the fastest growing segment during the forecast period, due to increasing awareness regarding food intolerance and improves government regulation with regards to food labelling.

The key players profiled in the world food intolerance products market include, Nestle S.A., General Mills, Inc., Abbott Laboratories, Kraft Heinz Company, Dr. Schr AG / SPA, Mead Johnson Nutrition Company, Danone S.A., Fifty 50 Foods Corporation, Boulder Brands, Inc., and Kellogg Company.

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World Feminine Hygiene Products Market is expected to reach $42.7 Billion by 2022; Finds New Report

World Feminine Hygiene Products Market-Opportunities and Forecasts, 2015-2022,” the global feminine hygiene products market is expected to garner a revenue of $42.7 billion, growing at a CAGR of 6.1% during 2016-2022. In 2015, the Asia-Pacific region accounted for the largest market share of around 48.9%, owing to increasing awareness towards personal hygiene and higher adoption of sanitary pads in markets such as China, Japan and others.

Major categories of feminine hygiene products include sanitary pads, tampons, panty liners & shields, internal cleansers & sprays and disposable razors & blades. Among the mentioned feminine hygiene products, sanitary pads dominate the market, accounting for nearly 2/3rd of the overall market revenue throughout the analysis period.  In terms of growth, internal cleansers would be the fastest growing product category, followed by tampons and panty liners, owing to increasing demand of high-end feminine hygiene products across the globe.

Asia-Pacific region was estimated to be the largest market for feminine hygiene products in 2015 and would continue to be the leading contributor throughout the forecast period. The region accounted for around 60% of the overall sales of sanitary pads by value, in 2015. Europe was the second largest market in 2015, closely followed by North America, owing to higher penetration of high-end products such as tampons, panty liners and internal cleansers.  LAMEA is anticipated to grow at the highest CAGR of 7.5% during the forecast period owing to the increasing number of working women and the rising demand of tampons and panty liners.

Feminine hygiene products are primarily distributed through retail stores which include supermarkets & hypermarkets, specialty stores (drug stores, pharmacies and beauty stores), convenience stores, and dollar stores. Among these, supermarkets & hypermarkets segment accounted for the largest share in the overall sales of feminine hygiene products in 2015 and is expected to maintain its leading position throughout the forecast period. However, convenience stores are the prominent distribution channels in rural areas of developing markets such as India and China. Online sales channel, which presently represent a relatively smaller portion of the market, is anticipated to gain popularity in the coming years due to increasing penetration and developments in E-commerce.

Key Findings of the Study

  • Asia-Pacific is the highest revenue generating market for feminine hygiene products, followed by Europe
  • LAMEA is the fastest growing market and the demand in this region is supplemented by increasing awareness towards personal hygiene and increasing number of working women
  • Sanitary pads are the most commonly used sanitary protection product across all the geographies and are available in variety of sizes, shapes, and absorption levels
  • Europe has witnessed higher penetration of tampons and would continue to dominate the tampon’s market during the forecast period
  • North America has observed higher penetration of panty liners and internal cleansers & sprays
  • Supermarkets & hypermarkets and drug stores & pharmacies are major sales channel in developed markets such as  North America and Europe
  • In developing countries such as India, feminine hygiene products are majorly distributed in rural areas through convenience stores

The key market players profiled in this report are Procter & Gamble Co., Edgewell Personal Care Company, Unicharm Corporation, Kimberly-Clark Corporation, Lil-Lets Group Ltd., PayChest Inc., Svenska Cellulosa Aktiebolaget, Kao Corporation, First Quality Enterprises, Inc. and Hengan International Group Co. Ltd. In order to gain a strong foothold in the market, manufacturers have adopted various growth strategies such as product launch and acquisition. For instance, Unicharm Corporation, a major player in feminine hygiene business in Japan, launched various innovative products to cater to the demands arising from changing lifestyle of women and to revitalize its domestic market.

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World Building Information Modeling (BIM) Market is Expected to reach $11.7 Billion by 2022; Finds New Report

World Building Information Modeling (BIM) Market -Opportunities and Forecasts, 2015-2022,” forecasts that the world BIM market would garner a revenue of $11.7 billion by 2022, registering a CAGR of 21.6% during 2016 -2022. The Asia-Pacific region is expected to witness an upsurge in demand owing to the exponentially growing construction industry and supportive government regulations for mandating the use of BIM. Furthermore, BIM is forecast to gain increasing adoption across various sectors such as commercial and infrastructure construction.

The commercial and infrastructure construction industry have been witnessing increasing demand for automation of technical drawings and database in the recent years. Further, the supportive government regulations pertaining to mandating the use of BIM in commercial projects, booming real estate industry and growing awareness of the benefits of BIM, among architects and contractors, would drive its adoption, globally. In the current scenario, BIM has emerged as an ideal alternative to traditional CAD software, owing to its suitability over a variety of operational issues such as cost management, handling raw data & information and alignment of processes associated with construction projects. Thus, BIM is expected to exhibit an upward growth trend across widespread verticals.

The commercial and infrastructure construction industries would continue to be the leading consumers of BIM in the future, constituting nearly 63% of the global market by 2022. Moreover, the infrastructure industry is expected to grow at the fastest rate during the forecast period.

Cloud-based deployment type dominates the market currently and is expected to grow at the fastest CAGR during the forecast period, owing to its cost effectiveness and easy accessibility. Software segment constituted the majority of market share in 2015 and would continue its dominance over services market during the forecast period.

The North America region occupies the majority of the market share in the current market scenario. However, Asia-Pacific region is forecast to dominate the market by 2021. Growing construction activities and government mandates are expected to contribute to the fast growth of the region. Moreover, the growing commercial and infrastructure construction activities in countries such as China, India and U.A.E, offer lucrative market opportunities in Asia-Pacific and LAMEA regions.

Key findings of the study:

  • BIM market is expected to grow at a remarkable rate owing to supportive government regulations mandating the adoption of BIM software for construction projects
  • Software segment would continue to dominate the overall market with nearly three-fourth market share by 2022.
  • Contractors segment is expected to grow at the fastest CAGR for constructability analysis, logistics purposes and job site planning, among others.
  • Cloud based deployment mode is expected to dominate the market throughout the forecast period owing to its cost-effectiveness and easy availability
  • BIM software would find widespread applications in commercial and infrastructure construction projects owing to supportive government regulations

The prominent players, offering BIM solutions across the globe include Autodesk, Inc., Nemetschek AG and Bentley Systems, Inc., among others. Market participants focus on the technological advancements in both fields, viz., software and services, that work in combination with each other. These players offer customized solutions to improve their market presence and customer base. For instance, in the year 2015, a leading player in BIM, Autodesk, Inc., announced the launch of Autodesk BIM 360 Docs, which would enable its users to categorize all files available in various formats for effective data management.

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Denmark Country Risk Report Q3 2016; New Report Launched

Real GDP growth in Denmark will continue to be supported by a steady improvement in external demand, mainly from the eurozone. However, the large debt burden of the private sector will restrain growth over a multi-year horizon.

While Prime Minister Lars Lokke Rasmussen’s hardline nationalist stance towards Europe’s migration crisis has bolstered public support for the conservative right on Denmark’s political scene, we retain the view that the government will remain unstable. The one-party minority government will have a difficult time passing legislation, making it likely that the government will be ousted before its term ends in 2019.

Major Forecast Changes

With consumer confidence and exports weakening, we have revised down our 2016 real GDP growth forecast to 0.9% from 1.2%.

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Australia Country Risk Report Q3 2016; New Report Launched

Real GDP growth is highly likely to slow over the coming years owing to a number of factors: slowing growth in the working age population; a high share of government spending relative to GDP; a reversal in the country’s terms of trade; and the growing risk of deflation. These impediments will result in real GDP growth averaging 2.3% over the next decade, down from 2.7% over the past decade.

Australia’s federal elections are widely expected to be held on July 2, and we believe that the lack of policy certainty, as the elections will be a close fight between the ruling Liberal-National coalition and the opposition Australian Labour Party (ALP), will be negative for investment and act as a drag on economic growth. In the event that the coalition secures a victory in the elections, the inability to reduce expenditures when revenue growth is weak will divert scarce resources from the productive sector of the economy and crowd out the private sector to the detriment of the business environment. We remain bearish on the Australian dollar despite the large fall we have already seen in the currency. While valuations are no longer a headwind to the currency, the trend remains very bearish. Weak economic growth owing to falling investment and correction in the property market amid elevated indebtedness does not bode well for the AUD.

The Liberal-National coalition government led by Prime Minister Malcolm Turnbull presented its FY2016/17 (July-June) budget on May 3, and maintained its goal of a balanced budget by FY2020/21. We believe that the administration’s target is ambitious, and Australia’s fiscal accounts are unlikely to return to a surplus any time soon, given downside risks to revenue collection and a lack of expenditure cutbacks. While there is currently no danger of a fiscal crisis, our core view is that this growing burden of the government will undermine the productivity of the private sector and take its toll on economic growth over the medium term.

Following the Reserve Bank of Australia (RBA)’s 25 basis point (bps) cut to its cash rate to a fresh historical low of 1.75% at its May monetary policy statement, we forecast the central bank to reduce its benchmark policy rate by another 25bps to 1.50% in by the first quarter of 2017. The central bank will ease its monetary policy further as overall economic growth deteriorates and as the unwinding investment boom is compounded by a weakening housing market amid a subdued inflationary environment.

Major Forecast Changes

We downgraded our 2016 and 2017 real GDP growth forecasts to 2.1% and 2.2%, respectively (from 2.3% and 2.5% previously), as investment in the mining sector continues to contract, and this will be compounded by weakness in the housing market.

We revised our average 2016 Australian dollar forecast stronger to USD0.7300/AUD (versus USD0.7000/AUD previously) owing to the AUD’s strength since the start of the year. However, we remain bearish on the currency over the medium term as the country’s still-elevated indebtedness leaves the currency exposed to capital outflows amid an economy that is suffering from an unwinding investment boom and a correction in the property market.

We revised our FY2016/17 federal budget deficit forecast to 2.5% of GDP from 2.1% previously as the ruling Liberal-National coalition focuses on supporting economic growth, particularly as it announces new spending initiatives, hoping to return the coalition to power.

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Global Temperature Sensor Market to grow at a CAGR of 4.87% during the period 2016 – 2020; Finds New Report

Report forecast the global temperature sensor market to grow at a CAGR of 4.87% during the period 2016-2020.

A temperature sensor is a device used to measure the degree of heat of an object by using electrical signals. The sensors are made of electrical conducting materials. When electric voltage is passed through the conductor, the conducting material generates some amount of resistance, which varies with the change in the temperature of the conductor. The change in temperature corresponds to the resistance. This change is recorded and converted into a temperature reading.

Temperature sensors are mostly of two types: contact and contactless. Contact temperature sensors include thermocouples, thermistors, and resistance temperature detectors, while contactless temperature sensors include infrared sensors.

The report covers the present scenario and the growth prospects of the global temperature sensor market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of temperature sensors to the following segments:

  • Oil and gas
  • Automotive
  • Food and beverage
  • Heating, ventilating, and air conditioning (HVAC)
  • Consumer electronics
  • Others (aerospace and defense, pulp and paper, and medical)

The market is divided into the following segments based on geography:

  • APAC
  • North America
  • Europe

According to the report, the government and regulatory organizations of many countries are implementing safety and emission control standards, which require the installation of sensors. Automotive manufacturing companies need to comply with these safety and emission control regulations set by the authorities. This trend is expected to increase the demand for temperature sensors during the forecast period.

Further, the report states that as temperature sensors are exposed to harsh environments, they are bound to become physically damaged. They can be susceptible to moisture failure. Even high currents can heat up the sensors to an extent that they become faulty.

Global Temperature Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Temperature Sensor Market: Honeywell International Inc., Microchip Technology Inc., NXP Semiconductors N.V., Panasonic Corporation, Sensata Technologies Inc., STMicroelectronics N.V., and Texas Instruments Inc.

Other Prominent Vendors in the market are: ABB, Analog Devices, Emerson, Maxim Integrated Products, and Siemens.

Market driver

  • Government regulations and vehicle emission control in automotive segment
  • For a full, detailed list, view our report

Market challenge

  • Continual price reductions
  • For a full, detailed list, view our report

Market trend

  • Growing demand for DTS
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 52 pages and 24 Exhibit Global Temperature Sensor Market 2016 – 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Technology landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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Global Transplant Diagnostics Market to grow at a CAGR of 6.63% during the period 2016 – 2020; Finds New Report

Report forecast the global transplant diagnostics market to grow at a CAGR of 6.63% during the period 2016-2020.

Transplantation involves the transfer of cells, tissues, or organs from a donor to a recipient for restoring their function in cases of damage. Donor and recipient cells, tissues, and organs should match or be compatible, otherwise it can lead to transplant rejection. Human leukocyte antigens (HLAs) are present on the surface of the cells that regulate body recognition and reject foreign tissue transplants. In humans, major histocompatibility complex controlled by the genes located on chromosome 6 is responsible for ensuring compatibility between donors and recipients.

The report covers the present scenario and the growth prospects of the global transplant diagnostics market for 2016-2020. To calculate the market size, we consider the revenue generated from the sales of molecular and non-molecular assays. We also consider the revenue generated from pre- and post-transplant diagnostic products and accessories.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

According to the report, a key growth driver is the public awareness of organ donation. Awareness of organ donation can help meet the demand for the number of required transplantation. In the US, a research study estimated that about 121,678 people are awaiting organ transplantation. The median waiting time for kidney transplantation is 3.6 years and can vary depending on the person’s health, compatibility with donor organ, and availability of organ. The study also reported that over 3,000 new individuals are added to the waiting list for kidney transplant each month, of which about 13 people die each day while waiting for transplantation.

Further, the report states that one challenge that could restrict market growth is the limited technical expertise with regard to advanced transplant diagnostics.

Global Transplant Diagnostics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global transplant diagnostics market: Bio-Rad Laboratories, CareDx, Illumina, Immucor, Linkage Biosciences, and Thermo Fisher Scientific.

Other Prominent Vendors in the market are: Abbott Laboratories, Becton Dickinson, Danaher, F. Hoffmann-La Roche, HistoGenetics, Ortho Clinical Diagnostics, Oxford Immunotec, Qiagen, Siemens, Sigma-Aldrich, and Tosoh Bioscience.

Market driver

  • Public awareness of organ donation
  • For a full, detailed list, view our report

Market challenge

  • Limited technical expertise
  • For a full, detailed list, view our report

Market trend

  • Product approvals and launches
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 81 pages and 51 Exhibit Global Transplant Diagnostics Market 2016 – 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by screening, Market segmentation by product, Market segmentation by end-user, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Major vendors, Appendix.

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Global Osteoarthritis Pain Drugs Market to grow at a CAGR of 8.38% during the period 2016 – 2020; Finds New Report

Report forecast the global osteoarthritis pain drugs market to grow at a CAGR of 8.38% during the period 2016-2020.

Osteoarthritis, the most common type of arthritis, is a leading cause of disability. It is a chronic, progressive degenerative joint disease, which is characterized by gradual destruction of the articular cartilage, hypertrophy of the bone margins, and a series of biochemical and morphological changes in the synovial membrane and joint capsule. This results in pain and loss of movement.

It is also known as degenerative joint disease, hypertrophic arthritis, and degenerative arthritis, and is most commonly prevalent in older (above 60 years of age) and middle-aged people (between 40-59 years of age). The exact etiology of osteoarthritis is not well understood, but is believed to be an outcome of mechanical and molecular events in the affected joint.

Increasing age, obesity, overuse of the joint, weak thigh muscles, and genetics are some of the common risk factors. Treatment is given depending upon the affected joint, including the hand, wrist, neck, back, knee, and hip, and involves medication and exercise.

The report covers the present scenario and the growth prospects of the global osteoarthritis pain drugs market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of branded, generic, and off-label drugs used to treat osteoarthritis pain. It also considers the revenues to be generated from the sales of drugs that are expected to be launched into the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

According to the report, a key driver of market growth is the high numbers of unmet medical needs. There are a number of unmet medical needs in this market due to the chronic nature of osteoarthritis and the absence of curative therapies. With drugs such as NSAID’s, simple analgesics, corticosteroids, and opioids proving effective for individuals with early-to-mid stages of osteoarthritis pain, the competition in the market is strong. However, these options do not provide adequate pain relief in the late stages of osteoarthritis. Ultimately, effective treatment of osteoarthritis pain requires an improved anti-inflammatory molecule, which gives reason for R&D to develop new drugs with better MOA and minimal adverse effects. Thus, absence of effective and safe long-term treatment for creates numerous opportunities for pharmaceutical companies.

Further, the report states that one challenge that could restrict market growth is the consumer’s preference for alternate therapies.

Global Osteoarthritis Pain Drugs Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Osteoarthritis Pain Drugs Market: Abbott Laboratories, Johnson & Johnson, Novartis International, and Pfizer.

Other Prominent Vendors in the market are: AbbVie, Abiogen Pharma, Afferent Pharmaceuticals, Astellas Pharma, BioDelivery Sciences International, CrystalGenomics, Cytori Therapeutics, Daiichi Sankyo, Eli Lilly, Endo Pharmaceuticals Holdings, Horizon Pharma, iCeutica, Iroko Pharmaceuticals, Merck, Nuvo Research, Regeneron Pharmaceuticals, Sanofi, SantoSolve, Techfields Pharma, Winston Pharmaceuticals, Yooyoung Pharmaceutical, and Zynerba Pharmaceuticals.

Market driver

  • Significant unmet medical needs
  • For a full, detailed list, view our report

Market challenge

  • Preference for alternative therapies
  • For a full, detailed list, view our report

Market trend

  • Emergence of new treatments
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 97 pages and 67 Exhibit Global Osteoarthritis Pain Market 2016 – 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Disease overview, Pipeline portfolio, Osteoarthritis pain drugs: Clinical trials, Opportunities for research in osteoarthritis, Market landscape, Market segmentation by drug class, Market segmentation by ROA, Market segmentation by dosage form, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Upcoming vendors with novel approaches, Appendix.

For more information Visit at: http://mrr.cm/Jda

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