Embracing the Potential of Medical Carts

Medical carts are lightweight mobile carts used in medical facilities for a variety of purposes including storage and transportation of supplies, medicines, equipment and more. They are generally made of materials that are suitable for the healthcare scenario, such as wood laminate, healthcare-grade PVC, stainless steel, powder-coated steel, etc, and usually includes accessories like outlet power strips and storage bins for convenience. Depending on the construction material, design, shape and weight, medical carts can be classified into crash carts, respiratory carts, utility carts, housekeeping carts and isolation carts, all designed and built for specific tasks and purposes.

The history of medical carts started with the increasing demand for flexibility and convenience in administration of medicine, quickly becoming indispensable in the modern healthcare setting. It has a central role to play in keeping staff in healthcare settings prepared and organized, thereby keeping the patients safe and cared for. A well designed medical cart has the potential to improve quality of service of a hospital/ healthcare institution, and are only set get more important in the future.

Optimizing Patient Care with Technology

The influence of advancing technology is being felt acutely in the medical cart market, as the healthcare industry is increasing emphasis on efficiency and reduction of medical errors, which is driving the developments and innovations in the market. Along with increased mobility, medical carts are also being used to optimize patient care by providing access patient records, reducing delays in patient treatment, and even allowing for identification of medications and administering correct dosages of it in critical situations. Newer innovative medical carts are now being used to give healthcare providers real-time access to patient data as well for improved patient safety.

Some of the best examples of the integration of technology include: medical carts being equipped with touch panel PCs, which offer scalable computing power, and technology such as radio frequency identification (RFID) is also being used to reduced and even eliminate human errors. Cloud-based smart medical automation is also being used for inventory management as well, reducing the amount of time wasted for redundant and mechanical tasks.

Design Trends in Medical Carts

As is with every major manufacturing industry, there is a growing trend of customization in the medical carts industry as well. The changing consumer preferences have had a massive impact on the design of the medical cart, with manufacturers looking to increasingly meet the diverse requirements of end users in the healthcare sector. One of the most prominent design trend prevalent in the industry is the use of standard medical carts with customizable options. This has allowed manufacturers to give the customer a base reference to build on, based on requirements, at the same time, being an economical way to leverage the customization trend.

Another important design trend in the manufacture of medical carts is the integration of the equipment/device into the cart itself. Medical devices are being combines with the cart itself, elevating the cart from being just an accessory to being as important as the device itself.

Current and Potential Role of Medical Carts Market

With a variety of carts being used in the medical sector, each for a specific role and purpose, the dependence on them is undeniable. They have become an effective, flexible method of medicine delivery that save time and improve the working conditions of staff and quality of service for patients.

The potential of medical carts in further improving patient care is increasingly being recognized by the medical industry as healthcare workplace settings become modernized. The influx of technology and the growing trend of customization of medical carts is set to be an area of significant growth within the medical cart sector, with manufacturers looking to capitalize on these trends to meet the needs of the healthcare settings.

Request special price for this report to our sales executive@https://www.futuremarketinsights.com/request-special-price/rep-gb-2807

Cold Rolling Oils/Lubricants Market to register a CAGR of 5.3% in terms of value during 2018 – 2028

Future Market Insight’s newly published market report, “Cold Rolling Oils/Lubricants Market: Global Industry Analysis and Forecast, 2018-2028,” examines the cold rolling oils/lubricants market and offers crucial market insights for the next ten years. According to the report, the market is anticipated to witness increasing demand for cold rolling oils/lubricants owing to upsurge in demand of rolled products. In terms of value, steel segment is anticipated to dominate the market throughout the forecast period. It is anticipated to register a CAGR of 5.5% during the forecast period (2018 – 2028). The estimated value of the global cold rolling oils/lubricants market in 2018 is US$ 3,186.1 Mn and is expected to expand at a CAGR of 5.3% in order to reach US$ 5,339.9 Mn by the end of 2028.  

Global Cold Rolling Oils/Lubricants Market Dynamics   

The global cold rolling oils/lubricants market is estimated to be driven by increasing production of steel & aluminum across the globe. Healthy growth in automotive industry will also be a prime factor supplementing market growth. Growing local & foreign direct investments in the industrial sector, especially in developed countries in North America, Europe and Asia will also upsurge thr demand of cold rolling oils/lubricants over the forecast period.  Moreover, increasing demand of aluminum and steel sheet for automotive industry is anticipated to be a prominent factor to drive the growth of global cold rolling oils/lubricants market in the near future. Strategic expansion is expected to remain major focus for leading players in the market.

On the other hand one of the major challenge faced by the cold rolling oils/lubricants manufacturers is the fluctuating price of raw materials which is anticipated to restrain the growth of cold rolling oils/lubricants market over the forecast period. Moreover, stringent environment regulations associated with the use of cold rolling oils/lubricants is also expected to hinder the growth of market over the forecast period. Leading players in the market are observed using research & development as a major part of their strategy to launch new and innovative products that are more efficient and consumers less oil.

Global Cold Rolling Oils/Lubricants Market forecast

On the basis of product type, the synthetic segment is estimated to account for over 38.0% market value share by 2018. The segment is expected to register a CAGR of 5.0% over the forecast period. In terms of value, synthetic segment is anticipated to hold major share owing to high demand of from steel and iron manufacturers

On the basis of material type, steel segment is expected to dominate the overall revenue generated in 2018 followed by aluminum. The segment has been estimated to account for value of US$ 1240.0 Mn in 2018 and expand at a CAGR of 5.5% over the forecast period.

On the basis of regions, China is anticipated to dominate the cold rolling oils/lubricants market both in terms and value and volume. Increasing steel production and metal processing activities in China region supports the growth of cold rolling oils/lubricants market over the forecast period.

Global Cold Rolling Oils/Lubricants Market Competitive Landscape

Some of the players reported in this study on the global cold rolling oils/lubricants market are Croda International PLC, Exxon Mobil Corporation, Total S.A., BP plc., Indian Oil Corporation Ltd, Eastern Petroleum Pvt. Ltd., Hindustan Petroleum Corporation Limited, Houghton International Inc., Jiangsu Gaoke Petrochemical Co., Ltd., ETNA Products, Inc., Petroyag Lubricants, Buhmwoo Group, and Ricci S.p.A.

For more insights into the Market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-5131

Growing Implementation of Potassium Formate over Different Salts in De-icing and Drilling Fluids Applications

High ecologically feasibility and superior compatibility of potassium formate keep on setting its appropriateness in the de-icing and oil & gas sectors. While inclination for potassium formate over different options keeps on picking up force, the low destructive traits are especially elevating its prospects in de-icing. Moreover, new R&D endeavors on inventive combinations of potassium formate with different salts are predicted to improve the relevance of potassium formate over the approaching years.

The expanding need for eco-friendly items is pushing the need for potassium formate. Potassium formate is effectively biodegradable and has less effect on the earth when contrasted with different salts utilized in drilling fluid and de-icing applications. Potassium formate is likewise less destructive than different salts utilized in de-icing the airport. New advancements in de-icing items, particularly for airports are fuelling the need for potassium formate as a supportable solution.

Conspicuously impacted by the recognized effectiveness of potassium formate in drilling fluids and icing solutions, the market revenues for potassium formate keep on seeing sturdy development. New product advancements for drilling fluids applications are fueling the overall market development. Moreover, consistent R&D by key players has been bringing about the potassium formate status as a powerful substitute for conventional de-icing salts. The vast majority of the companies keep up a key spotlight on the advancement of the joint venture and distribution partnerships for the worldwide market extension. Makers are centering to make sustainable products to take into account the expanding need for such items for different applications.

Key companies, for instance, Evonik, ADDCON, BASF, Cabot, and Perstorp, are centering on the market share growth of the potassium formate by the implementation of several marketing strategies. Also, novel developments by foremost players are driving the implementation of potassium formate in several applications comprising heat transfer fluids, drilling fluids, and de-icing. During 2017, SynaTek Solutions formed solutions for airport de-icing. In this, it utilizes the BASF potassium formate that is likely to enhance the need for potassium formate for de-icing application. During 2018, Evonik initiated a joint venture to make potassium hydroxide and chlorine, together with potassium formate. Majority of the key participants keep up a strategic center on the expansion of joint venture and distribution partnerships for the worldwide market growth. Makers are concentrating to make sustainable items to supply to the rising need for these products for several applications

To know more about this market, request a sample@https://www.futuremarketinsights.com/reports/sample/rep-gb-9834

Portability & Economic Pricing Hold Sustained Sales of TENS Devices in the Global Muscle Stimulation Devices Market

Transcutaneous Electric Nerve Stimulator (TENS) deals with an overall scope of transcutaneously applied currents utilized for nerve excitation. This gadget could be utilized in intense and long haul treatment strategies, focusing on the patients of osteoporosis-related neck pain, joint pain, tendinitis, muscle or bone problems, bursitis, cancer pain, diabetic neuropathy, and sciatica pain. Expanding acceptance of TENS gadgets for emanating pain and developing ubiquity of portable TENS gadgets in caring for limb pain would keep on pushing their strength in the market.

Patients with sciatica and lumbar and cervical spondylosis are leaning toward non-intrusive electrotherapy modalities, for example, TENS over traditional treatment techniques. since these gadgets productively give help with discomfort without symptoms, they are foreseen to observe high patient inclination. A developing number of organizations in the market are focusing on taking into account the supporting the need for less expensive, versatile single unit TENS gadgets that are utilized to deal with radiating pain in-home care settings.

Neuromuscular Electric Stimulator (NMES) is generally utilized to retrain a muscle to work, reinforcing it post-medical procedure. NMES sales would stay consistent, significantly to direct edema, augment local blood circulation, keep up muscle tone, along with with retard the improvement of disease atrophy. Interferential (IF) treatment is generally utilized to care for pain related to games injury, edema, joint injuries, knee, shoulder, neck, and back injuries or different issues, tennis elbow, carpal tunnel syndrome, and fibromyalgia. Burst Mode Alternating Current (BMAC) is utilized to fortify muscles and muscular re-training. It additionally invigorates pain-relieving impact on the muscles, bringing about powerful pain reduction alongside expanded strong quality.

The presentation of the worldwide market for muscle stimulation devices will observe hugely significant advancements, with probable enhancements in the recuperation of stroke by nerve incitement. With the growing pace of acute ischemic stroke (AIS), the center has been moved to improving the related phases of stroke care, incorporating anticipation, mediation, and recovery.

Key Market Findings

  • Soaring Use for Rehabilitation of Atrophied Muscles Post-stroke, to Increase Sales
  • Combination Devises to turn into plainly popular in Asian nations
  • Increasing need in Sports Medicine to prompt implementation of EMS Devices
  • Increasing usage for the rehabilitation of atrophied muscles post-stroke, to boost sales
  • Muscle stimulation devices to encounter reactive expansion
  • Topmost companies to center on sturdy distribution channel growth and suppliers to reinforce existence in rising markets

Foremost players in the worldwide market are concentrating on the advancement of new pain management strategies and systems. implementation of the inventive showcasing procedure by muscle stimulation device producers is ascribed to their steadily expanding market value share. Expanded spotlight on fortifying of distribution channels will allegedly be the topmost for market development in rising economies.

Download a Sample Report with Table of Contents and Figures:https://www.futuremarketinsights.com/reports/sample/rep-gb-1140

Contact and Convective Dryers: Customization is Key

Industrial drying as we know it, has its roots in natural drying processes, essentially the removal or reduction of moisture content in bulk quantities. Depending on the amount of bulk material that is needs to dry, the makeup of the material and the required quality of the final product, different types of dryers and processers have come into existence. Industrial dryers come in different models and sizes, often custom built catering to the individual use and requirements of various end-use industries.

The two common types of industrial dryers are contact and convective dryers, both of which use different drying processes to reduce moisture. Contact dryers are most suitable for what is considered difficult-to-handle products, such as liquids and pastes. The process of drying in a contact dryer involves the product to be brought into direct contact with a hot surface, and the water or the solvent is removed by evaporation by the transfer of heat from the wall to the product. And because the solvent that is being evaporated can be recovered, it is a preferred industrial dryer by consumers. While they are generally a more expensive investment for consumers, their high energy efficiency makes them popular with consumers.

Convective dryers on the other hand are the more popular, common ways of thermal drying. The process of drying convective dryers uses the circulation of hot air or gases to evaporate the water/solvent from the product, and require a large volume of flowing air, circulating over the product. Convective dryers can be divided based on type of air flow: parallel flow, cross flow and counter flow, each of which is recommended for different products. Parallel flow dryers are generally used for flammable products, where the high temperatures can be used without heating the product; cross flow dryers are used where control on the drying process is required; and counter flow dryers are used in to achieve a very low moisture final product and is considered the most energy efficient option.

Customization in Industrial Drying: A Growing Trend

Industrial dryers can have a variety of applications across industries such as oil and gas, wood, paper, food, chemical production and many more, with end users looking for controllable process of effective reduction of moisture. The end use industry and production setting help decide the construction of industrial dryers, such as the use of stainless steel. Based on the requirement by scale and quantity, industrial dryers can be lab scale, batch scale and industrial scale dryers, which are usually the largest and are the most efficient of the three.

A major driving factor for innovation in the industrial drying market has been the need to provide customized drying solutions to cater to the different requirements of manufacturers across industries. While most dryers in the market come with standardized capabilities, consumers prefer customized set-up for machines that work in specialized process chains. And since these machines are tailor-made and then integrated into existing processes, these dryers are calibrated to be unique to the process chain that they are a part of.

Industrial Drying: Where is it Headed?

In the pursuit of innovative product offerings to expand business, manufacturers in the contact and convective dryers market are looking to establish and retain long-term relationships with their consumers. To achieve this, companies are looking to multiple ways to refine their online strategies and improved customer engagement. With the increasing emphasis on the energy efficiency and sustainability, consumer preference for greener manufacturing processes involving industrial drying is gaining traction, and manufacturers with product innovations that reduce total costs and have less of a negative impact on the environment are likely to stay ahead of the game.

We offer tailor-made solutions to fit your requirements, request customization@https://www.futuremarketinsights.com/customization-available/rep-gb-10087

Floating Covers for Water Bodies: Solutions and Innovations in Evaporation Management

Reservoirs and stationary artificial water reservoirs are built for a variety of reasons such as generating electricity, waterways and most importantly to store drinking water in large quantities. Floating covers have been used to keep the water clean and maintain purity, as open bodies of water are susceptible to contamination in the form of rainwater, excrement from birds, dead flora and fauna making its way into the reservoirs, making the water unfit for human consumption. Open reservoirs of water are also susceptible to loss of water by evaporation, making the preservation of stored water all the more important.

Evaporation management is understood to be the control and reduction of the loss of water due to the natural process of evaporation. The reducing water levels in open reservoirs can mostly be attributed to evaporation, which can have a significant effect not just on the quantity, but also on the quality of water being stored. Even as water evaporates, the minerals and salts that are left behind in the remaining water increases the salinity of the water, making it unusable.

The rate of evaporation from an open body of water is affected by temperature, surface area, humidity and wind speed, all of which needs to be addressed as a part of evaporation management. Loss of water by evaporation, combined by contamination by outside sources and the reduced availability of usable water has increased the need for covers for open water bodies.

Floating covers are essentially geomembrane traps that are spread over the surface of an open water body to protect it from contaminants and loss of water by evaporation. This can result in chemical and biological hazards, making it unfit for human consumption, making floating covers for water bodies an essential.

Floating Covers, Shade Balls and Other Innovations

Floating covers, which were introduced over five decades ago, are still among the most popular solutions to prevent contamination and evaporation management in open water bodies, offering some of the best cost vs. efficiency ratio. There have been many advancements in materials and design used to make these floating covers, newer materials being used include hypalon, geotextile and polypropylene, all of which are being touted as more efficient than materials to effectively reduce evaporation.

These floating covers and liners protect water in these waterbodies from airborne contamination, evaporation and algae growth, while reduction of demand for chlorine, and help maintain water potability.

Modular floating covers are becoming increasingly popular as floating dam covers, even as they are a solution against obstacles such as changing configuration of the water body and moving equipment. They offer a high surface area coverage and also acts like a thermal insulation barrier as well. Some of the more popular modular floating covers include: ArmorBall Shade Balls and Rhombo Hexo Shield, both of which offer cover permeability as a feature.

Alternative Evaporation Solutions

There have been several approaches to reduce water loss from large water bodies by reducing the exposed surface area, decreasing the wind effect and decreasing the temperature. Some of these alternative solutions to floating covers include:

  • Deep dam design: The idea behind this is the reduction surface area exposed, automatically reducing the volume of water evaporating.
  • Creating windbreaks: This reduces the movement of air over the surface of water, by acting as a barrier to flowing wind. This can be achieved by planting trees and other plants around the water body.
  • Chemicals and oils: Chemicals and oils are used to create a thin film on the surface of the open water body to reduce evaporation. The drawback however is the possibility of having these chemicals blown off from the surface into the surroundings.
  • Plants: Free floating plants have also been an effecting solution in reducing water loss, even as they cover the surface of the water, reducing its exposure.

Despite these alternative solutions, traditional and modular floating covers are the most effective solution for contamination prevention and evaporation management in open water reservoirs

For more insights into the Market, request a sample of this report@https://www.futuremarketinsights.com/reports/sample/rep-gb-5728

Intelligent Enterprise Data Capture Software Platform Suppliers to Advantage from ‘Novel Business Models’ all over Asian Markets

The phase of intelligent ventures has foreseen acceptance of innovative technological capacities to enhance plans of action that have favored advances in data capture software to be progressively connected as well as automated. Influence of automated data capture solutions by information driven associations to strike their rivals, continues to clearing rewarding avenues for the intelligent enterprise information capture software designers.

Superior exactness and mistake lessening in data capture are topmost properties that fill in as profitability enhancers for companies. As significant industry verticals focus around going computerized, cloud deployments are anticipated to witness a rise, making the need for intelligent enterprise data capture software.

Present-day enterprises are utilizing progressed analytics, Machine learning, and AI, to improve the consumer experience, enterprise resource, and distribution. As interest for cloud storage builds, information capture arrangements are going mobile, and partners are putting more in R&D to concoct propelled contributions.

At the point when contrasted with service givers, merchants providing this software have been seen to accumulate a higher portion of the market. In addition, dynamic players giving the solutions other than services and software, are almost certainly likely to hold an impressive revenue share in the worldwide market for intelligent enterprise data capture software.

The continuous trend of A&M amid stand-alone vendors merchants and settled service and software providers is assessed to advance development and revenue generation in the worldwide market for intelligent enterprise data capture software.

Progressions in the retail sector have upset the implementation of the components in different creating just as emerged regions. To fulfill the developing need for improved accuracy and error reduction in the South Asia and East Asia regions, a few software platform suppliers have begun putting resources into these regions. The growing in addition to established software platform suppliers should concentrate on growing their market all over undiscovered emerging nation markets to improve their worldwide market share.

Moreover, it has been seen that developing organizations from different parts are contributing essentially to cutting edge data management solutions in addition to business analytics stages. All over the world, a developing number of medium and small enterprises are getting prominent focuses for intelligent enterprise data capture software suppliers. And so, South Asian and East Asian markets are making new plans of action for the suppliers of intelligent enterprise data capture software platform.

We offer tailor-made solutions to fit your requirements, request customization@ https://www.futuremarketinsights.com/reports/intelligent-enterprise-data-capture-software-market

Probiotic Ingredients – An Early Farewell for Intestinal Problems

In the last couple of decades, consumer trends and behavior have changed drastically. The effect of these changes reflect on the evolving food trends and one of the niche food segments that is gradually gaining recognition is the probiotic food segment. The demand for probiotic foods is on the rise as consumers as well as health professionals are becoming aware of the benefits of probiotic food on human health. Several studies have revealed that probiotic foods have the potential to enhance immunological, digestive, and respiratory functions of the body. In addition, probiotics are likely to shrug off a range of infectious diseases in babies and young children. Consumer awareness regarding probiotics food has surged significantly in the last decade owing to creative and eye-catching advertisements by prominent names in the market. Taking all the aforementioned factors into account, it is safe to assume that the demand for probiotic ingredients is set to witness a substantial growth in the coming years. Some of the most common probiotic ingredients in the current market include, Lactobacilli and Bifidobacterium.

Consumer Awareness – The Key Catalyst Boosting Demand

Probiotics are one of the most sought after products in the digestive health supplements category. The positive effects of ‘good’ bacteria on the overall intestinal health is tipped to be primary factor for its growing popularity especially among the health-conscious millennials. Today’s consumers are not afraid of turning towards new products that are packed with health benefits and add value. Further, growing health awareness among consumers has compelled food manufacturers to offer healthier food alternatives. Several food manufacturers have revealed that consumer awareness on the benefits of probiotic ingredients and consistent demand for the same is playing an important role in shaping the niche segment within the food and beverage sector. Further, as consumer awareness continues to grow, the demand for a range of probiotic ingredients is set to grow in the foreseeable future.

Untapped Opportunities in Sports Nutrition

At present, although probiotics are present in less than 2% sports nutrition products, the market presents promising growth prospects for probiotic products. In the last couple of years, there was considerable development in terms of product innovation. Furthermore, several companies operating in the sports nutrition space are devoting resources to explore the possibilities of probiotic ingredients in their offerings. In the current scenario, the use of probiotic ingredients in sports nutrition products is very limited. Thus, the market presents tremendous scope for probiotics in the sports nutrition segment in the future. Probiotics gained recognition in sports nutrition primarily due to their digestive benefits. However, research has revealed that probiotics could potentially have other benefits such as muscle-building and muscle recovery post-workout among others. Although the onset of probiotics in sports nutrition is at a nascent stage, based on the current developments, it won’t come as a surprise to see a flurry of probiotics in the sports nutrition space. Currently, growing consumer awareness coupled with health benefits from consuming probiotic ingredients have gained significant momentum. Advancement in technology has propelled research and development activities focusing on probiotic ingredients. Probiotics, which initially gained popularity owing to their digestive benefits, are gradually acceptance from the ‘educated’ consumers for other health benefits. Further, the demand for probiotic ingredients is expected to be high from the food and beverage sector owing to the growing demand for ‘healthier’ food products and growing health conscious population.

Contact sales for further assistance in purchasing this report@https://www.futuremarketinsights.com/askus/rep-gb-9608

Enterprise Asset Management Market Sales Forecasts Reveal Positive Growth Through 2029

Future Market Insights has recently published a market research report titled “Enterprise Asset Management Market – Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029.”

Growth of Artificial Intelligence (AI) and drone-based enterprise solutions are among factors driving the enterprise asset management. AI helps improve data handling to make better decisions. Asset visibility is an important factor for implementing the EAM system. Asset visibility gives accurate information on the identities, materials, and supplies.

Effective asset management helps control or eliminate overstocking and stockpiling, as well as helps reduce fixed capital investments. EAM software offers more robust analytical systems for managing assets, preventative maintenance, and workflow analysis. 

The growing deployment of IoT in smartphones and laptops is increasing the usage of IoT-based applications. The integration of IoT with EAM provides the identification of performance and control modifications. IoT applications allow better asset utilisation tracking and better data management, as well as streamline data in a manner in which asset lifecycle and maintenance can be analysed. Integrating EAM systems and IoT enable companies to identify problems with their assets.

The integration of IoT with EAM solutions is expected to play an important role in the development of smart cities. Smart cities monitor the conditions of the all the critical infrastructure.

Due to the increasing demand for ensuring asset performance and advanced environmental sustainability, companies are focusing on asset-intensive platforms to constantly track, assess, and manage reliability and technological & human assets. For the use of asset-intensive systems to offer efficient data management and better asset utilisation, the global enterprise asset management market is likely to record an approximate incremental opportunity of US$ 5,500 Mn during the forecast period of 2019 to 2029. In the global enterprise asset management report, FMI has segregated the global enterprise asset management market by deployment, by component, by industry verticals, and by region. With regards to component, the global enterprise asset management market is segmented into software and services. Due to the positive outlook towards the escalating demand for next-generation tracking solutions, cloud-based deployment is estimated to generate potential growth opportunities for the enterprise asset management software providers. Furthermore, the software sub-segment is also expected to witness a high CAGR during the forecast period. This growth can be attributed to the wide adoption of these devices in IoT applications to reduce errors.

With regards to deployment, the global enterprise asset management market is segmented into on-premise and cloud. Owing to the robust adoption and penetration of cloud-based systems, the cloud-based segment is expected to create potential business opportunities for the enterprise asset management market. The on-premise sub-segment is also expected to create an approximate market opportunity of US$ 4,200 Mn between 2019 and 2029. On-premise is termed as scalable, reliable, and resilient for hybrid cloud solutions. Owing to these factors, the cloud-based sub-segment will be a target area for the developers of asset maintenance applications.

Furthermore, on the basis of industry vertical, the enterprise asset management market is segmented into healthcare, manufacturing, oil & gas, banking & finance, government, and others. Spending on new & innovative advanced technologies during the adoption of cloud-based systems is expected to increase between 2019 and 2029.

In addition, with respect to geography, the enterprise asset management market in North America is projected to be a prominent player in the global enterprise asset management market owing to the advent of next-gen technological advancements in Canada and the U.S. The enterprise asset management market is estimated to generate high potential in South Asia, especially in the Chinese market. This growth potential can be attributed to the major ICT technology-based advancements in the South Asian countries. Moreover, the adoption of IoT-enabled EAM solutions is increasing in Latin America owing to free trade agreements between some countries in the region.

Request For Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-193

Some of the key players included in the global enterprise asset management market report include IBM Corporation, SAP SE, Oracle Corporation, Schneider electric, ABB, and Infor.

RFID in Pharmaceuticals Market is estimated to register a Y-o-Y growth at approximately 10% in 2019

Future Market Insights has recently published a market research report titled “RFID in Pharmaceuticals Market – Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.”

Automation in the pharmaceutical and healthcare industry has increased the efficiency of business operations and led to cost-saving, thus facilitating more accurate and reliable business operations. Across the globe, the adoption of RFID technologies has enabled pharmaceutical companies for specialized tracking and retail uses as a systemic part of the supply chain management in international pharmaceutical production and distribution, thereby driving the growth of the RFID tags market.

The pharmaceutical industry, unlike any other industry, requires a unique identification system as almost every person consumes pharmaceutical drugs. Hence, several benefits are associated with the adoption of RFID technologies in the pharmaceutical industry. The stocking of drugs and efficient supply chain management are among the major benefits offered by RFID in the pharmaceuticals industry. Furthermore, safety and security are two important features required in the pharmaceutical supply chain, and achieving the same is a challenging task. The need to secure and authenticate pharmaceutical products has increased the adoption of RFID technologies in the pharmaceutical industry.

Due to the increasing use of RFID to offer efficient expiry date management and pharmaceutical tamper detection, the global RFID in pharmaceuticals market is likely to record a total incremental opportunity of US$ 1,231.4 Mn during the forecast period of 2018 to 2028. In the global RFID in pharmaceuticals market report, Future Market Insights has segmented the global RFID in pharmaceuticals market by component, by type, by end user, by application, and by region. The component segment is further segmented into RFID readers, RFID tags, and RFID middleware. Due to the positive outlook towards the escalating demand for next-generation tracking solutions, the RFID tags sub-segment is expected to create potential growth opportunities for the providers of RFID in pharmaceuticals solutions. Furthermore, the RFID reader sub-segment is also expected to witness a high CAGR during the forecast period. This growth can be attributed to the wide adoption of these devices in pharmaceutical applications to reduce errors.

On the basis of type, the global RFID in pharmaceuticals market is sub-segmented into chipped RFID and chipless RFID. Due to the robust adoption and penetration of chipless RFID, the chipless RFID segment is expected to create potential business opportunities for the RFID in pharmaceuticals market. The chipless RFID sub-segment is also expected to create a market opportunity of US$ 950.5 Mn between 2018 and 20128. In addition, chipless RFID technology is termed as low-cost manufacturing technology because it does not require any batteries or silicon chip within the tag for asset tracking, which reduces the prices of these tags. Moreover, chipless RFID is not application-specific, due to which it can be used for various applications in the pharmaceutical industry. Due to these factors, the chipless RFID sub-segment will be a target area for the developers of RFID technology.

Furthermore, on the basis of end user, the market is sub-segmented into drug manufacturers, drug wholesalers, hospitals & clinics, and others. Due to the increasing spending of drug wholesalers on advanced supply chain systems, the drug wholesalers sub-segment is expected to be the target area for the providers of RFID in pharmaceuticals.

Based on application, the RFID in pharmaceuticals market is sub-segmented into drug tracing system, drug quality management, and others. Due to the increasing demand for the efficient supply chain of drugs, the drug tracking sub-segment is expected to grow with a high CAGR during the forecast period.

In addition, on the basis of geography, North America is expected to dominate in the global RFID in pharmaceuticals market due to the advent of next-generation technological advancements in the U.S. and Canada. The RFID in pharmaceuticals market has high potential in India and China owing to major technological advancements in these countries. Moreover, the adoption of RFID technology is increasing in Latin America owing to free trade agreements between some countries in the region.

Request For Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-9508

Some of the key players in the global RFID in pharmaceuticals market research report include Alien Technology, Thinfilm Electronics, IBM Corporation, Turck Korea, CCL Label, Zebra Technologies, Texas Instruments, and Xerox Corporation.