Dialyzer Reprocessing Machines and Concentrates Market were valued US$ 967.4 Mn in 2018

According to the latest report published by Future Market Insights (FMI), sales of global dialyzer reprocessing machines and concentrates market were valued at US$ 967.4 Mn in 2018 and are expected to tread on an ever-increasing trajectory through 2028.

Dialysis continues to be highly preferred for effective treatment of chronic kidney diseases (CKD) among the geriatric population, thereby generating substantial demand for re-usable dialysis equipment. This, in turn, is foreseen to create revenue-generating opportunities for the companies operating in the dialyzer reprocessing machines and concentrates market.

Dialyzer Reprocessing Machines and Concentrates Market

North America Continues to Mark the most Significant Position in Market

According to the report, rising instances of renal disorders, such as end stage renal disease (ESRD) and chronic kidney disease (CKD), are among the key factors spurring growth of dialyzer reprocessing machines and concentrates market. Dialysis, being the most accessible treatment for kidney diseases, will thus continue to add to the overall importance of re-usable dialysis equipment. This, in turn, will create favourable grounds for adoption of global dialyzer reprocessing machines and concentrates market.

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In 2015, it was estimated by the National Kidney Foundation in the US that approximately 468,000 ESRD patients are reported to be on dialysis in the US alone. North America will thus continue to be a prominent region in the global dialyzer reprocessing machines and concentrates market, followed by South Asia. In 2018, North America accounted for a revenue share of around 24% in dialyzer reprocessing machines and concentrates market, backed by a robust healthcare infrastructure.

India, Sri Lanka, and, Thailand on the other side are likely to emerge as potential countries brimming with prime opportunities for the companies operating in the dialyzer reprocessing machines and concentrates market.

According to the report, introduction of technologically advanced medical equipment all-aligned with the evolving healthcare models is further expected to boost the growth of dialyzer reprocessing machines and concentrates market. dialyzer reprocessing machines and concentrates enable automated cleaning and reprocessing of the dialysis units, unlike the traditional re-usable systems that required manual handling. As per the research study, dialyzer reprocessing machines provide immense scope for direct handling of the dialysis systems using automated digital reprocessors, which is an added advantage boosting popularity of dialyzer reprocessing machines and concentrates over the conventional systems.

The report opines that the end-users will continue to showcase marked preferences for hemodialysis concentrates among all other product types in the dialyzer reprocessing machines and concentrates market space. Hospitals are anticipated to lead in terms of adoption of dialyzer reprocessing machines and concentrates, followed by dialysis centres.

Key Manufacturers Emphasize Stronger Distribution Network for Better Regional Foothold

The dialyzer reprocessing machines and concentrates market report profiles few of the key companies operating in the global market space with robust product portfolios. Some of these key players in the dialyzer reprocessing machines and concentrates market include CURA Healthcare, MEDIVATORS Inc., Fresenius Medical Care, Baxter, Anjue Medical Equipment Co., Ltd., B. Braun Melsungen AG, Nipro Corporation, Cantel Medical, AIN MEDICARE SDN BHD and Rockwell Medical.

A majority of the regional players in the dialyzer reprocessing machines and concentrates market are focused on increasing their product reach and connectivity with the regional distributors of dialyzer reprocessing machines and concentrates. The dialyzer reprocessing machines and concentrates manufacturers are focused to strengthen their foothold in potential dialyzer reprocessing machines and concentrates markets such as India, China, Thailand, Bangladesh, and Argentina by expanding their sales and distribution channels across these countries.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Medical Physics Market has been estimated to expand at a healthy CAGR of 6.4% over 2018-2028, and size in 2018 – Approximately US$ 3.5 Bn

According to the latest research by Future Market Insights (FMI), the global market for medical physics will exceed the valuation of US$ 6 billion towards the end of projection period.

Prominently driven by the growth of medical tourism sector and increasing expanse of diagnostics, the global revenue of medical physics market will reportedly thrive at a healthy over-6% CAGR during 2018-2028. Growing adoption of nuclear medicine has also been cited as an important factor responsible for a positive growth outlook anticipated for medical physics market.

However, the report also highlights that the insufficient availability of skilled workers and relatively poor healthcare infrastructure for medical physicist trainings in developing regional markets will continue to restrict penetration of medical physics in the long run.

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The ‘Outsourcing’ Trend Is Creating Firm Base for Merger & Acquisition Strategies

With the consolidation of hospitals, there is an increasing need for larger firms in the medical physics market, with an intent to handle the outsourced services so as to contract with fewer services providers. The medical physics market is characterised by the presence of small independent companies, and there is a negligible number of large-scale operators. According to the report, this presents opportunities for private equity firms to enter the middle-market platform and scale-up their medium-scale operations to large-scale operations through the acquisition of smaller firms.

Other factors driving mergers and acquisitions in the medical physics market include increasing stringent regulations and an increasing number of owners looking to exit the medical physics business. Increasing stringent regulations have resulted in the inspection of a larger number of machines and associated elements. Several healthcare systems are incurring higher risks due to the increasingly stringent regulations. This opens opportunities for medical physics companies to ensure compliance and reduce operation cost by outsourcing. Furthermore, most of the medical physics firms are owned and operated by baby boomers who are about to retire from their medical physics business. For a majority of those medical physics service providers who are retiring, selling their business has been considered to be the most preferred option.

Preview Analysis Global Medical Physics Market Segmentaion by Modality (Diagnostic, Therapeutic); by Services (Accreditation Assistance, Performance Testing, Physics Testing, Radiation Dose Monitoring, Radiation Safety Training, Treatment Commissioning Services, Safety Surveys, Regulatory and Auditing Services, Others: https://www.futuremarketinsights.com/reports/medical-physics-market

Some of the other trends in the medical physics market include increased outsourcing by healthcare providers, increasing number of independent diagnostic imaging centres, and advancements & adoption of technology across the world.

Segmental Insights: Medical Physics Market

  • Diagnostic modality, driven by increasing adoption of diagnostic procedures such as PET, SPECT, CT, and MRI, will continue to account for more than 65% share of the total medical physics market value.
  • Based on services, accreditation assistance is slated to remain dominant, followed by safety surveys. The report anticipates physics testing and regulatory and auditing services to emerge highly potential.
  • Following hospitals, diagnostic imaging centers are likely to register significant adoption rate in the medical physics market through 2027.

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The North American and European medical physics market will reportedly account for a majority of market value, according to FMI’s analysis on medical physics market. The report has attributed this dominance to rapid consolidation of healthcare facilities in these regions.

Some of the key players in the medical physics market include Krueger-Gilbert Health Physics, Inc., LANDAUER, Medical Physics Services, Medical Physics Services Consultants, Inc., Alyzen Medical Physics Services, Radiation Safety & Control Services, Inc., Upstate Medical Physics Services, Dade Moeller & Associates, Versant Medical Physics Services & Radiation Safety, Alliance Medical Physics Services  LLC, West Physics Consulting, LLC, Associates in Medical Physics Services, Radiation Services, Inc., Jaeger Corporation, and Petrone Associates, LLC.

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About Us

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RFID in Pharmaceuticals Market is envisaged to record a CAGR of over 8% through 2028

According to the study, such preventative measures against infiltration of counterfeit drugs are likely to have a positive economic influence on legitimate companies, who are now focusing on the deployment of anti-counterfeiting solutions. Focus of the organized players in the pharmaceutical sector to safeguard authenticity of their products, while creating moats for counterfeiters, will continue to favour growth of the RFID in pharmaceutical market.

Future Market Insights (FMI), in its new study, finds that the radio-frequency identification (RFID) in pharmaceuticals market was valued at over US$ 950 Mn in 2018, and is estimated to register a Y-o-Y growth at approximately 10% in 2019.  Prospects remain remarkable for the RFID in pharmaceuticals industry, as efficiency-led actions of players continue to enhance the reliability and accuracy of their business operations.

The study finds that drug tracing system remains the most lucrative application of RFID in pharmaceutical industry, accounting for approximately 60% sales. Efforts of the FDA, in collaboration with pharmaceutical suppliers, to maintain a secure drug supply in the wake of rising counterfeit drugs prevalence, has encouraged the pharmaceutical industry to use RFID in combination with the electronic product code (EPC) for real-time tracking, tracing, and authentication of drugs.

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Chipless RFID Sales Remain Over 2X of Chipped RFID

According to the study, chipless RFIDs continue to gain robust attractiveness in the pharmaceutical industry, as they eliminate the hardware-related challenges associated with their chipped counterparts. Additionally, RFIDs without ICs allude at significant cost reduction of the component, in turn complementing their development and demand on a wide scale. However, complexities linked with designing and development of chipless RFID, such as data transmission and encoding, continue to sustain the demand for the chipped RFID to a certain extent. The study finds that sales of chipless RFID will remain over 2X that of the chipped RFID in 2019.

The study expects RFID reader to remain the core component in the RFID in pharmaceutical market, with growing focus of pharma suppliers on effective identification of products prior to their collection, storage and shipping. Gains in the RFID in pharmaceutical market will remain complemented by sales of RFID tags, with revenues in 2018 accounting for over one-third market share. 

Adoption Remains High among Drug Manufacturers

Application diversity of RFID in pharmaceutical industry has led its adoption among a wide range of end-users that range from drug manufacturers and drug wholesalers, to hospitals and clinics. The report estimates drug manufacturers to account for leading shares of the RFID in pharmaceutical market, who are constantly emphasizing on ensuring the authenticity of their products in the market. Adoption is expected to witness high-growth among drug wholesalers and hospitals and clinics, which collectively account for over two-fifth share of the market.

The study states that North America will remain the leading market for RFID in pharmaceutical, with Europe following the suit. Supremacy of developed economies in the RFID in pharmaceutical market is significantly attributed to stringent standards & regulations implemented for serialization, and relative greater prevalence of OTC and generic drugs in these regions. Additionally, focus of players in developed markets remains strong on brand protection, and preventing packaging-related product recalls, which in turn augurs well for growth of the RFID in pharmaceutical market.

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This FMI study also offers a long-term forecast of the RFID in pharmaceutical market for the period between 2018 and 2028. The RFID in pharmaceutical market is envisaged to record a CAGR of over 8% through 2028.

RADIO-FREQUENCY IDENTIFICATION (RFID) IN PHARMACEUTICALS MARKET TAXONOMYThe global gene editing tools market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Component

  • RFID Readers
  • RFID Tags
  • RFID Middleware

By Type

  • Chipped RFID
  • Chipless RFID

By Application

  • Drug Tracing System
  • Drug Quality Management
  • Others

By End Use

  • Drug Manufacturer
  • Drug Wholesalers
  • Hospitals and Clinics
  • Others

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Region

  • North America
  • Latin America
  • Western Europe
  • Asia Pacific Excluding Japan
  • Eastern Europe
  • Middle East and Africa
  • Japan

Viscosupplementation Market revenues are likely to reach USD 4 billion by the end of 2030

Global viscosuppplementation revenues are likely to reach USD 4 billion by the end of 2030, according to a new research by ESOMAR-certified firm Future Market Insights.

According to the study, a number of broader, and industry-specific factors will drive growth in this market, which has been relatively less impacted by the sluggishness induced by COVID-19.

As per the UN, by 2050, those aged 60 and above will account for over 20% of the global population. In other words, the UN says that by 2050 around 130 Mn people will contract osteoarthritis. These numbers point towards growth in the viscosupplementation market in the forecast period.

Covid-19 Pandemic: Viscosuppplementation Market Players Consolidating their PositionThe ongoing Covid-19 pandemic has compelled the market players to take a consistent path for the next two quarters. As it would take some time for the healthcare vertical to look through new product launches; the players are looking at ways to smoothen the supply chain as manpower has taken a hit.

Continuous innovations are expected to propel the growth of viscosupplementation market” says the FMI analyst

viscosupplementation markekey regions and applications

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Key Takeaways of Viscosupplementation Market Study   

  • Three injection viscosuppplementation is expected to contribute for more than 55% of revenue share
  • Knee osteoarthritis is expected to gain around one-third of market share during the forecast period
  • North America is the highest revenue generating market due to scientific advancements and high adoption of viscosuppplementation

New Product Development to be the TorchbearerThe market players are into the innovation mode to strengthen their foothold in the viscosupplementation market. This competitive landscape is all set to create ripples all across the market. Some of the innovations are:

  • Fidia Pharma USA Inc., in 2019, introduced a HA (Hyaluronic Acid) based intra-articular viscosupplement called “TRILURON” to treat knee osteoarthritis. The treatments cycle involves 3 injections at weekly intervals.
  • Japan-based Seikagaku Corporation, in Mar 2019, launched an intra-articular single-injection viscosupplement called “HyLink” in Italy for treating knee osteoarthritis.
  • Recently, Gel-One Hyaluronate was approved as one of the injectable gels to treat osteoarthritis of knee. The pre-market clinical study reported no pseudosepsis (severe acute inflammatory responses).

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Want more insights?Viscosupplementation market, a new study from Future Market Insights, opines on the viscosupplementation from 2015 – 2019 and presents demand projections from 2020 – 2030 on the basis of; product types (single injection viscosupplementation, three injection viscosupplementation, and five injection viscosupplementation), application (knee osteoarthritis, hip osteoarthritis, shoulder osteoarthritis, and others such as elbow and ankle joint osteoarthritis), and end user (hospitals, ambulatory surgical centers, orthopedic clinics, retail pharmacies, and online sales) across seven prominent regions.

Viscosupplementation Market: SegmentationThe global viscosupplementation market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Product Type

  • Single Injection Viscosupplementation
  • Three Injection Viscosupplementation
  • Five Injection Viscosupplementation

Application

  • Knee Oseteoarthritis
  • Hip  Oseteoarthritis
  • Shoulder Oseteoarthritis
  • Others

End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic Clinics
  • Retail Pharmacies
  • Online Sales

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Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

Vision Screeners Market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2029

[240 Pages Report] Global vision screener sales are likely to near US$ 500 Mn by the end of 2022. According to a new research intelligence study presented by Future Market Insights (FMI), the market for vision screeners will continue to witness an average 5.5% Y-o-Y growth in the revenues in 2022 and ahead. As reported by the study, more than a third of overall sales of vision screeners is targeted to a variety of vision screening tests, followed by color vision tests.

While portable or handheld vision screening devices have been sought after over the years, it is more likely that the vision screening software will experience rapid gains in coming years, as a result of brisk technological penetration. Moreover, as key manufacturers are investing considerable efforts in technological innovations of vision screeners, table-top variants are also likely to see healthy sales growth in the near future. Currently, more than 50% of the total sales are accounted by portable or handheld devices that are used during vision screening procedures, as per the report.

The rising prevalence of vision problems, advancements in technology, increasing healthcare spending, and the growing prevalence of diabetes constitute some of the key factors responsible for driving the global vision screeners market revenues.

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In addition to some of the most commonplace vision disorders, newly establishing problems such as digital eye strain (more popularly, computer vision syndrome) are strongly necessitating the demand for efficient vision screening tests, particularly among the younger population. This, according to FMI’s analysis, will drive sales of vision screeners in the forthcoming years.

Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

Accounting for a collective value share of over 60%, North America and Europe will continue to lead the pack in global vision screeners market. In addition to early adoption of advanced technologies and high awareness about vision problems and the significance of vision screening, the growth of market in these regions has been prominently attributed to the rapid consolidation of healthcare facilities within these regions.

On the other hand, dearth of skilled and trained professionals in the field of vision screening will remain the prime factor restraining vision screeners adoption across developing Asian countries. Relatively lesser competency to professionally and accurately assess vision screening results continues to pose significant barriers in the growth path of market within Asia Pacific (APAC).

According to the report, a sizeable number of vision screening tests cannot be performed on children who have reading problems such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to negatively influence the number of parents opting for pediatric vision screening tests, which is further a significant factor deterring the revenues of vision screeners market in APAC.

Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children’s vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

To offer an exclusive outlook of the most influential trends and opportunities shaping the vision screeners industry landscape, the report has examined the market for a 10-year projection period, 2022-2029.

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Vision Screeners Market by Category

Product:

  • Table-Top Vision Screeners
  • Portable/Handheld Vision Screeners
  • Vision Screening Software

Technology:

  • Digital Vision Screeners
  • Computer-Based Vision Screeners

Application:

  • Vision Screening Tests
  • Color Vision Test
  • Binocular Testing
  • Others

End Users:

  • Hospitals
  • Homecare Settings
  • Specialized Clinics
  • Rehabilitation Centers
  • Ambulatory Surgical Centers

Region:                    

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Middle East & Africa
  • Japan

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On-Shelf Availability Solutions Market is expected to drive the market at 8.4% CAGR between 2022 and 2028

[240 Pages Report] On-shelf availability solutions are the technological tools that help retailers maintain, analyse and monitor the availability of various products in their store. On-shelf availability solutions are generally based on RFID technology & Internet of Things (IoT) sensors, and help in inventory management by monitoring the status of inventory and supply chain. On-shelf availability solutions help reduce out-of-stock situations by identifying potential issues and help in quickly resolving them to improve the overall profit margins.

The global on-shelf availability solutions market is expected to grow from US$ 2,486.9 Mn in 2028 to US$ 6,028.3 Mn by 2028 at a CAGR of 9.3% in terms of revenue during the forecast period (2022-2028). In this report, the global on-shelf availability solutions market is tracked in terms of value, and is calibrated to obtain the market revenue estimates of on-shelf availability solutions & services.

Increasing technological advancements in the retail sector, increasing collaborations between retailers & suppliers, accurate demand opportunity assessment and the rising need for business automation are some of the major factors fuelling the growth of the on-shelf availability solutions market. However, the risk of unauthorized access to data, higher deployment cost and operating in a dynamic environment are some of the major challenges that are hampering the growth of the on-shelf availability solutions market.

To understand and assess the demand and opportunities in the on-shelf availability solutions market, the on-shelf availability solutions market report is categorically split into five major sections: on-shelf availability solutions market analysis – by component, by deployment type, by application, by end user and by region.

On the basis of component, the on-shelf availability solutions market is segmented into software and services. The software segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period with a market share of 75.0% and 75.7% in 2022 and 2028 respectively.

On the basis of deployment type, the on-shelf availability solutions market is segmented into on-premise and SaaS segments. The on-premise segment of the on-shelf availability solutions market is expected to dominate the market for the maximum duration of the forecast period owing to the high CAGR associated with it. The SaaS segment of the on-shelf availability solutions market is expected to grow from US$ 729.7 Mn in 2022 to US$ 2,210.0 Mn in 2028.

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On the basis of application, the on-shelf availability solutions market is segmented into historical data analysis, response time analysis, vendor pattern analysis, potential risk analysis and others. The response time analysis application segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period and enjoy a market share of 27.6% % and 31.5% in 2018 and 2028 respectively.

On the basis of end user, the on-shelf availability solutions market is segmented into Consumer Packaged Goods (CPG) manufacturers, retailers, online retailers, suppliers, warehouses and others. The supplier end user segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period owing to the high CAGR associated with it. The CPG manufacturer end-user segment of the on-shelf availability solutions market is expected to grow from US$ 725.0 Mn in 2018 to US$ 1,811.1 Mn in 2028.

The section on-shelf availability solutions market analysis by region includes an in-depth country-level analysis of all global regions, namely North America, Latin America, Western Europe, Eastern Europe, SEA and Others in Asia Pacific, Japan, China and MEA, by component, by deployment type, by application, by end-user & by country, and provides market data in terms of value for 2018-2028. In 2017, the market in North America dominated the overall global on-shelf availability solutions market, and it is also the fastest-growing region in the on-shelf availability solutions market.

The key players reported in this study on the global on-shelf availability solutions market are Panasonic Corporation; International Business Machines Corporation; SAP SE; Impinj, Inc.; MindTree Ltd.; Retail Solutions Inc.; Retail Velocity; Market6, Inc.; Lokad; Verix; Frontier Field Marketing; NEOGRID; eBest IOT and Enterra Solutions LLC.

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On-shelf Availability Solutions Market by CategoryComponent:

  • Software
  • Service

Application:

  • Historical Data Analysis
  • Response Time Analysis
  • Vendor Pattern Analysis
  • Potential Risk Analysis

Deployment Type:

  • On-premises
  • SaaS

End User:

  • CPG Manufacturers
  • Retailers
  • Online Retailers
  • Suppliers
  • Warehouses

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Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

GaN Power Devices Market SWOT Analysis, Key Indicators, Forecast 2027 : POWDEC, GaN Systems Inc., Wolfspeed, Inc., EXAGAN,Transphorm Inc., AIXTRON SE, STMicroelectronics

Gallium Nitride (GaN) is the material, which is used for the manufacturing of semiconductor power devices as well as light emitting diodes and RF components. GaN has demonstrated the capability to be the displacement technology for silicon semiconductors in power conversion, analog applications and RF.

A report triggered by Future Market Insights (FMI) states that the global GaN power devices market compresses several expansions and in addition mid-level sellers, owing to number of lucrative open doors in the market. According to the report, the global GaN devices market is estimated to witness expansion at double-digit CAGR throughout the assessment period (2017-2027).

Japan to Remain Dominant in Global GaN Power Devices Market

The hardware industry in Japan is the prominent purchaser of the gadgets ventures across the globe. With a huge income share, demand for semiconductors is high and GaN power devices are being decreased, effective and with low capacitance, overtake nearly limiting vitality misfortunes amid charging and releasing. This factor is likely to increase demand for GaN products and in this manner market will gain momentum.

GaN has wide application as a part in transistors and due to its enhanced properties, for instance, high warm conductivity, high voltage potential, substantial basic fields, these gadgets deliver high exchanging frequencies and better power thickness empowering transistors tofre work at high voltage levels. Such type of transistors have many uses in various in different fields and provide better outcomes, this is another driving factor influencing growth of the market. A best example for it is- a IT gear producing organization situated in Japan, Fujitsu Limited, in Jan 2016, built up a GaN high-portability transistor power developer with significant yield execution of the world for wideband remote broadcasts, that was 1.8X more noteworthy than some time recently, permitting over 30% more prominent range foe a fast remote system.

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Increasing developing work activities in GaN substrate in charge of the development of the Japan GaN power devices market. Owing to GaN innovation highlights, for example, scaling down, high breakdown voltage, high exchanging recurrence, demand for GaN power devices has been propelling and continuous research has been finished by inquiries of focuses in Japan and incremental competences of GaN. Moreover, couple of years ago, a team of specialist from the institute of Industrial science at the Tokyo University discovered other innovation for manufacturing GaN LEDs on the crystal substrate. Costs for fabrication can be cut down along with actuating OLED light boards, with implementation of this improvement.

Restraints

However, shrinking path of the semiconductor is the key factor that is limiting the growth of the GaN power devices market. Problems associated with present assembly and interconnect technologies are growing with expanding high current density in GaN devices. The major problem consist of low impedance interconnects, higher thermal resistance and lower thermal capacitance per chip requiring more chip temperature and better thermal interconnects. The requirement for handling present densities per package and the similar heat flow generating by smaller footprints to be removed from the ambient atmosphere is also increasing. Such factors are anticipated to remain key challenge for growth of GaN market in Japan region.

Competitive Landscape

Several leading players operating in the market that are profiled in the report include Texas Instruments Incorporated, Qorvo, Inc., Infineon Technologies AG, Toshiba Corporation, Panasonic Corporation, and NXP Semiconductors N.V. The market is anticipated to witness section of acute number of GaN power gadget sellers in foreseeable period, increasing the opposition. Some other prominent players in the market, that have huge contribution in the growth of the market are POWDEC, GaN Systems Inc., Wolfspeed, Inc., EXAGAN,Transphorm Inc., AIXTRON SE, STMicroelectronics, IQE PLC, and Efficient Power Conversion Corporation.

Market segmentationBy Technology

  • 4H-SiC MOSFET
  • HEMT
  • Others

By Wafer Material

  • GaN SiC
  • GaN Si

By Wafer Size

  • Less than 150mm
  • 150mm-500mm
  • More than 500 mm

By Industry

  • Consumer Electronics
  • Energy & Utilities
  • Automotive
  • IT & Telecom
  • Others

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By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)

Neuromyelitis Optica Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2020 to 2030

Neuromyelitis Optica Market Overview

Neuromyelitis optica is an uncommon disease affecting the central nervous system, spinal cord and optic nerves.  The major symptoms of neuromyelitis optica are inflammation of eye called optic neuritis followed by inflammation of spinal cord called transverse myelitis.

The inflammation mostly occurs in one eye but both the eyes can be eventually affected. This is followed by loss of clear vision. During early stages it might be difficult to distinguish between neuromyelitis optica and multiple sclerosis as both involve optic neuritis and myelitis as symptoms.

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However, the symptoms tend to be more severe in case of neuromyelitis optica. Neuromyelitis optica is be considered autoimmune disease with no known exact cause of autoimmunity.

COVID-19 impact has been unprecedented on various sectors of economy. The international neuromyelitis optica market will not remain untouched from its impact. The supply chain disruptions, volatility in markets, uncertainty in lockdown regulations could be some of the areas where the global neuromyelitis optica market can witness COVID-19 consequences.

The factors that would drive the growth of the global neuromyelitis optica market are growing incidence of the disorder. The growing awareness among the governments towards orphan drugs and diseases is also expected to drive the global neuromyelitis optica market upwards.

Recent drug developments and approvals by FDA to the drugs for the treatment of neuromyelitis optica will further encourage the industry and future investments can be expected to push the global neuromyelitis optica market for growth. Developing appropriate diagnostics to differentiate the neuromyelitis optica from multiple sclerosis can further boost the global neuromyelitis optica market.

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Product pipeline of many companies involving drugs for improving symptoms avoiding relapses and restoring the neurological functioning of the patients will also add to the growth of the market of neuromyelitis optica.

Long trial periods together with stringent regulatory reforms could be one major reasons for the growth hindrance of the neuromyelitis optica market.

The Global market of neuromyelitis optica is expected to grow at a steady rate owing to the growing incidence of neuromyelitis optica syndrome in the world. Based on the drug class monoclonal antibody can be estimated to register a steady growth owing to the recent FDA approval it got for the treatment of neuromyelitis optica.

Based on the route of administration subcutaneous segment can be poised to mark a decent growth in the global neuromyelitis optica market as the dosage can be taken as per the patient’s convenience.  Based on the distribution channel hospital pharmacies can be expected to be attractive as the medication will be under the medical guidance.

North America can be estimated to dominate the global market for neuromyelitis optica owing to the accessibility of drug and other complementary treatment to the people coupled with greater awareness among the medics to diagnose the disorder.

East Asia can be estimated to contribute positively to the emerging market of neuromyelitis optica since the incidence rates are higher in East Asians at 3.5 per 100000. Europe can also be expected to contribute to the growing market of neuromyelitis optica as there are increased incidence cases in Denmark Sweden and Hungary.

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Oceania can also be estimated to grow as an emerging market for the global neuromyelitis optica market as both Australia and New Zealand have higher incidences coupled with adequate medical facilities.

The major market players active in the global neuromyelitis optica market are

  • Pfizer
  • Roche
  • Sandoz (Novartis)
  • Intas
  • Octapharma
  • Teva
  • Baxter
  • Grifols
  • Fresenius Medical Care
  • AstraZenca
  • CSL Behring
  • Tianjin Kingyork

The report covers exhaustive analysis on:

  • Neuromyelitis optica Market Segments
  • Neuromyelitis optica Market Dynamics
  • Historical Actual Market Size 2015 – 2019
  • Neuromyelitis optica Market Size & Forecast 2020 to 2030
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Key Segments

The global neuromyelitis optica market is segmented based on drug class/therapy type, indication type, route of administration, distribution channel and region.

drug class :

  • Rack mount
  • Portable

indication type :

  • Acute Attacks
  • Remission Prophylactic Treatment

route of administration :

  • Intravenous
  • Subcutaneous

distribution channel :

  • Hospital Pharmacies
  • Online Stores
  • Retail Stores
  • Drug Stores

Internet of Things (IoT) Security Product Market is anticipated to witness a CAGR of 14.9% during the forecast to 2030.

[404 pages Report] Government organizations of various countries have partnered with IoT technology companies for implementing IoT across urban cities. These organizations are also providing funds for the development of IoT applications to technology vendors. Due to increasing smart city projects, the adoption of sensor applications is rising significantly. A growing number of connected devices is expected to fuel demand for Internet of Things (IoT) security product market. Rising penetration of mobile network connectivity increases security threat and industry guidelines to implement embedded hardware solutions, drives the Internet of Things (IoT) security product market.

The value of the global Internet of Things (IoT) Security Product market is anticipated to witness a CAGR of 14.9% during the forecast period of 2020-2030.

Key Takeaways of Internet of Things (IoT) Security Product Market Study

  • Among the application segment, the smart grid sub-segment is expected to witness a high growth rate during the forecast period, owing to the security and privacy considerations for IoT application on smart grids.
  • East Asia is expected to create lucrative growth opportunities for players in the Internet of Things (IoT) Security Product market, due to increasing number of projects implemented by using IoT tools and data sets, in the countries of this region.

“Demand for IoT is significantly increasing owing to rising demand for connected devices such as smart cars, smart meters and machine to machine (M2M) communications, such factors increasing demand for Internet of Things (IoT) security product market,” Says the FMI Analyst

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Increasing Adoption of Internet of Things (IoT) Security Product Market amid the COVID-19 Pandemic outbreak

The COVID-19 pandemic outbreak has disrupted many industries, such as the Internet of Things (IoT) security product market. Many private, as well as government organizations, have allowed their employees to work from home amid the lockdowns, which has created the need for monitoring the network security proactively, as people are remotely connected consuming enterprise resources and sharing documents using collaboration tools. For Instance, East Asia accounted for 42% of the total installed connected devices such as smart meters, and among others, in 2019, which is estimated to increase in the forecast period for remote monitoring of the infrastructure during times of such pandemic. Business is increasingly adopting security solutions to manage such security risks in the new home-working environment. Amid the COVID-19 pandemic, there has been led IoT healthcare security solution providers to quickly render solutions for combatting the increasing demand for a high-quality solution for protection against the COVID-19 virus. The growth of the Internet of Things (IoT) security product software solutions will be profoundly impacted in different application, such as Machine-to-Machine (M2M) communication, Vehicle-to-Vehicle (V2V) communication, and among others.

internet of things (IoT) security product market

Adoption of IoT devices in the medical sector

Enterprises are required to upgrade their health IT infrastructure for shifting to the Internet of Things and to keep up with increasing adoption of connected medical devices. This technological advancement enables patients and service providers to enable more efficient management and security measures of information and data in the healthcare sector. At the same time, adoption of connected devices has loop-holes for hackers to steal data such as patient records and also conceal services being offered by healthcare service providers. As a result of such cyber threats, healthcare organizations adopting connected medical devices also prefer adopting cyber security solutions.

More Valuable Insights on Internet of Things (IoT) Security Product Market

FMI’s report on the Internet of Things (IoT) security product market is segmented into five major sections such as component (hardware, and software), deployment type (end-point or device security, network security, identity and access management, vulnerability management, messaging security, web security, others), applications (Machine-to-Machine (M2M) communication, smart grid, home and building automation, wearable computing devices, Vehicle-to-Vehicle (V2V) communication), Vertical (consumer goods and retail, consumer goods and retail, transportation and logistics, healthcare, energy and utility, others) and region to help readers understand and lucrative evaluate opportunities in the Internet of Things (IoT) security product market.

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Internet of Things (IoT) Security Product Market: Segmentation

By Component

  • Hardware
  • Software

By Deployment Type

  • End-point or Device Security
  • Network Security
  • Identity and Access Management
  • Vulnerability Management
  • Messaging Security
  • Web Security
  • Others

By Application

  • Machine-to-Machine (M2M) Communication
  • Smart Grid
  • Home and Building Automation
  • Wearable Computing Devices
  • Vehicle-to-Vehicle (V2V) Communication

By Verticals

  • Consumer Goods and Retail
  • Manufacturing
  • Transportation and Logistics
  • Healthcare
  • Energy and Utility
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA
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Weather Information Technology Market is set for a healthy growth outlook over the following years, surpassing estimated revenues of US$ 7 Billion in 2029

Global demand for weather information technology is set for a healthy growth outlook over the following years, surpassing estimated revenues of US$ 7 Bn in 2029. As suggested by a new Future Market Insights (FM) report, weather information technology market would receive a prominent push from the growing adoption of real-time weather forecasting solutions.

Rising demand for efficient data analytics for weather forecasting and continuous changes in climatic patterns have boosted the demand for weather information technology for continuous weather monitoring enabling disaster management. The intergovernmental panel on climate change (IPCC) highlighted various climatic risks for food security and farming as well as the potential of enhanced climate and weather early warning systems to assist farmers.

Key Takeaways – Weather Information Technology Market Study

  • Demand from aviation industry would witness a high growth rate, owing to rising adoption of weather information technology in military & defense sectors.
  • Market share held by air quality monitoring is projected to increase at a striking CAGR during the forecast period, due to increasing focus to monitor and control levels of air pollution.
  • North America is anticipated to dominate the weather information technology market due to increasing application of supercomputing for weather forecast in the region.
  • Management of climate and weather information technology can help better-informed policy for community and institutions that decrease related risks and offer efficient use of limited resources, livestock, improve fishery production, and increase the crop yield.

Weather information through mobile apps and websites, and promotion of commercial applications such as hyper-local forecast, stunning weather virtualization, and smart notification in APEJ are creating opportunities for global players.

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weather information technology market share by region

Increasing Environmental Observations and Monitoring of Weather Information Technology Boost the Market Growth

Various technological trends that are changing all areas of the market are fueling advances in weather prediction. Advances in modeling and forecasting, cloud, big data and analytics, smart devices, and mobile computing are fueling innovations in service delivery. Rapid growth in personal weather stations and smart connected devices has increased the data available for weather observation and monitoring and may have the potential to improve the accuracy of hyperlocal weather forecasts. Hence, the adoption of monitoring and environment observations is driving the growth of the weather information technology market.

For instance, in March 2018, the Lockheed martin Corporation successfully launched GOES-17 Satellite to provide broad coverage with powerful new weather monitoring technology for meteorologists. This satellite will continue to produce dazzling weather data that has captivated forecast.

More Valuable Insights on Weather Information Technology Market

FMI’s report on the weather information technology market is segmented into six major sections such as solutions (systems, and services), applications (air quality monitoring, weather monitoring, weather forecasting, and others (chemical & space weather monitoring)), industry (utilities, agriculture, military & defense, transportation, marine, aviation, and others(mining, energy utilities, chemicals)), and region to help readers understand and lucrative evaluate opportunities in the weather information technology market.

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WEATHER INFORMATION TECHNOLOGIES MARKET TAXONOMYThe global weather information technology market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Solution

  • Systems
    • Automatic Weather Stations
    • Automated Weather Observing System (AWOS)
    • Sounding Systems
    • Weather Radar
    • Others(Lightening, Air Quality)
  • Services
    • Maintenance Services
  • Consulting Services

Applications

  • Air Quality Monitoring
  • Weather Monitoring
  • Weather Forecasting
  • Others (Chemical & Space Weather Monitoring)

Industry

  • Utilities
  • Agriculture
  • Military & Defense
  • Transportation
  • Marine
  • Aviation
  • Others(Mining, Energy Utilities, Chemicals)

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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