Molecular Diagnostics Market 2021 End-User Demand by Types, Regions,Top Players, Service Provides, Regional Outlook and Forecast to 2026

Molecular diagnostics is a method of analyzing and identifying the biological markers in the genome and proteome in order to identify gene expression by applying molecular biology. Molecular diagnostics are used to diagnose disease and risk involved. Molecular Diagnostics helps to decide the therapies are suitable for individual patients. The new advanced technologies has qualified the instruments in providing accurate results. This ability of the diagnostic tool resulted in increased rate of acceptance of the molecular diagnostics. The concept of personalized medicine has emerged out of molecular diagnostics.

Molecular Diagnostics Market: Drivers & Restraints

The factors driving molecular diagnostic market are increase in demand for care facilities, favorable regulatory policies which aims at promoting the care diagnosis, acceptance of personalized medicine, development in biomarkers, advancements in proteomics, increasing awareness of the diagnostic procedures. However rising cost of molecular diagnostics, obligation of skilled labors to handle the complexity of instruments are the factors restraining the growth of molecular diagnostics market.

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Molecular Diagnostics Market: Overview

The awareness of diagnosis is giving rise to the trend of self-care management. The early diagnosis of disease or disorder helps the patient in getting better treatment and cure. Infectious disease and Oncology is estimated to be the fastest growing application owing to the increased prevalence of cancer and demand for early diagnosis. The introduction to specific biomarkers for the treatment has a positive impact over the molecular diagnosis market. However maximum use of reagents is estimated owing to their accurate results. Commonly used reagents are salts, formamide, sodium dodecyl sulfate and dextran sulphate heparin. Growing awareness about the prenatal genetic testing for early detection of chromosomal abnormalities during pregnancy has enhanced the use of molecular diagnostics.

Molecular Diagnostics Market: Region-wise Outlook

Depending on geographic regions, the Global Molecular Diagnostics market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. North America is estimated to be the largest player in molecular diagnostic market owing to the technological advancements and innovations, increase in R&D investments by large pharmaceutical and biotechnological industries and demand for early diagnosis. Asia Pacific is estimated in rising molecular diagnostic market due to increase in the prevalence of diseases such as cardiovascular diseases, infectious diseases and large population suffering from diabetes.

Molecular diagnostics Market: Key Players

Some of the key players identified in the molecular diagnostic market are Abbott laboratories, Becton Dickinson, Novartis, Roche Diagnostics, Johnson and Johnson, Bio-Rad Laboratories, bioMerieux, Danaher Corporation, Qiagen N.V, Siemens Healthcare, Cepheid, Hologic, Inc,.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest Of Latin America)
  • Western Europe (Germany, Italy, U.K, Spain, France, Rest of Western Europe)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Molecular Diagnostics Market: Segmentation

Molecular diagnostic market is classified on the basis of product, technology, application, end use and geography.

Based on product, the global molecular diagnostic market is segmented into the following:

  • Instruments
  • Reagents
  • Others (service and software)

Based on technology, the global molecular diagnostic market is segmented into the following:

  • DNA sequencing
  • Polymerase chain reaction
  • Isothermal Nucleic Acid Amplification Technology
  • Transcription Mediated Amplification (TMA)
  • In situ hybridization
  • Sequencing
  • Microarrays
  • Mass spectrometry
  • DNA sequencing
  • Others (southern blotting, northern blotting, electrophoresis)

Based on application, the global molecular diagnostic market is segmented into following:

  • Cancer
  • Pharmacogenomics
  • Genetic testing
  • Infectious disease
  • Prenatal
  • Neurological disease
  • Cardiovascular disease

Based on end use, the global molecular diagnostic market is segmented into following:

  • Diagnostic laboratories
  • Hospitals
  • Others( nursing home, blood banks, point of care)

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Bariatric Patient Room Market Key Players – Hill-Rom, Nemschoff, Brayton, NewCare, Stryker Medical, Softcare

There is a significant increase in the number of bariatric admissions to healthcare facilities in the United States. This has led to a challenging time for healthcare providers and facilities that are trying hard to provide much needed care to bariatric patients that is effective, dignified and safe for both the patient and the care provider. Hence, while designing new hospitals and retrofitting the existing ones, care is taken to ensure that bariatric patients are accommodated. The facilities that the bariatric patient room market offers are designated bariatric rooms with adjoining bariatric toilet rooms, non-corridor doors, operating tables with 600 pounds weight limits, CT scanners with a bariatric tables and special 600 and 1000 pounds patient lifts in the ICU.

While there are no specific guidelines for designing bariatric patient rooms, some best practices have been conceptualized by the architects and designers to ensure that bariatric patients are comfortable in their stay in a healthcare facility. Owing to the obesity epidemic in the United States, the average size patient for whom hospitals should be designing now weighs 330 pounds. However, while designing healthcare facilities for bariatric patients, this measurement increases to 1000 pounds. So with the awareness about Bariatric patient room design increasing, there is a lot of scope for a boom in the bariatric patient room market.

Bariatric Patient Room Market: Drivers

Hospitals all across the United States are struggling to serve an increasing number of obese patients, and are adopting new design guidelines to accommodate such kind of patients. This has led to a sharp focus on bariatric patient room market that is poised to show a robust growth. In addition, going through a bariatric surgery has become relatively necessary for people who are obese and overweight. Due to the increasing prevalence of obesity in developed western countries, the awareness about bariatric surgery has increased. This has generated a need for conducive environment for bariatric patients in the healthcare facilities where there every need is met easily and they are comfortable during their surgery and recovery phase.

In order to treat bariatric patients, healthcare providers must invest in equipment, furniture and renovation that support heavier patients. The median estimated cost of obesity related renovations is $100,000. However, such costs are being recovered by the hospitals through the increase in popularity of bariatric surgeries, and Medicare reimbursements. Also, equipment inventory cost is recovered within 6 months. All this contributes to the growing bariatric patient room market.

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Bariatric Patient Room Market: Restraints

While most healthcare facilities recognize the need to modify existing spaces and create better spaces to support an increasing bariatric patient population, there is no specific minimum weight requirement or code to follow. What complicates the matter further is the fact that there is a complete lack of a standard for what defines a bariatric patient. In addition, rates of obesity vary from region to region, making it difficult to cater to requirements that would be applicable universally. Apart from this, it should be noted that caring for obese and overweight patients cost an average of 37% more than treatment of non-obese patients.

Bariatric Patient Room Market: Key Regions

As per the available data, the North America bariatric surgery market was the largest in 2014, with increasing amount of investment by both the government and the industry to counter the ill effects caused by obesity. Also, the initiatives by the United States government in the healthcare sector makes the North American bariatric patient room market lucrative. Obesity is also increasing at an alarming rate in Europe, making it a growing market for bariatric patient rooms. Asia Pacific is the fastest growing market for bariatric surgery and hence the market for bariatric patient rooms is also gaining huge traction.

Bariatric Patient Room Market: Key Market Players

The bariatric patient room market is growing fast, however it is not dominated by one key player in particular. Some of the important companies in the field of bariatric market in the United States are Hill-Rom, Nemschoff, Brayton, NewCare, Stryker Medical, Softcare and a few others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-2142

Bariatric Patient Room Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Immunochemistry Analyzer Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2021-2025

Immunochemistry analyzer are becoming more and more popular in the global clinical chemistry and immunoassay as these are proved to be very effective tool to diagnose cancer, hepatitis, illegal drugs, fertility problems, sodium levels, endocrine function, and the detection of blood clots.

There are approximately more than 180,000 immunochemistry analyzers were installed globally in 2013. Out of which only about 17-20% of these analyzers are installed in the United States. This statistic suggests that the markets like China, India, and Japan where there is lack of basic lab facility prevails are adopting this new technology .Also it’s been seen that the recurring consumable sales are a strong factor to segment growth.

Immunochemistry analyzers are instruments that automatically run tests on samples from patients to detect any number of biologically active substances .It is very important to know which analyzer to use as different analyzers have different analysis time, and need different reagents which make these instrument highly sophisticated. These analyzers are mainly being used in infectious disease testing, cancer, cardiac, and autoimmune diseases.

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Immunochemistry Analyzer Market: Drivers and Restraints

Under the strong rules & regulation laboratories find it difficult to have good revenues. Thus it’s very important to find ways to sustain in such a cost-crunched environment. Due to the cost cutting in clinical lab fees, profitability per test is decreasing which makes it necessary for the laboratories to focus on the volume rather than the value. There is also heavy pressure for quality, error-free results to ensure patient satisfaction. This forces labs to lean toward more automated systems with effective workflow solutions.

In US, Laboratories are encouraged for automation due to the heavy influx of patients with insurance coverage. But with limited workforce in the clinical lab it’s difficult to manage the huge inflow of patients. On the other hand patients need prompt & error free results. Thus this scenario demands laboratories to seek the help of systems that have a high accuracy, with managing high growing volumes and also offer remote data acquisition capabilities. The automated analyzers working with barcode readers, rack detection systems, and sample/plate identification modules to avoid plate or sample switch.

Immunochemistry Analyzer Market : Overview

With the rapid technological advancement in healthcare industry the immunochemistry analyzer market is expected to grow at a healthy CAGR in the forecasted period (2015-2025).

Globally, the immunochemistry market represents approximately 40.1% of the global in vitro diagnostics (IVD) market. Immunochemistry is by far the largest segment by volume, mostly due to routine testing. It is primarily driven by growing access to healthcare.

Immunochemistry Analyzer Market : Region-wise Outlook

Depending on geographic region, global immunochemistry analyzer market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

Demand for immunochemistry analyzers is slowing in the US and Western and Eastern Europe. Europe’s challenges in this segment include laboratory consolidation in France and economically troubled Greece, Italy, Spain, and Portugal. China’s growing rural hospital market lacks basic diagnostics laboratory infrastructure and represents an untapped opportunity for affordable immunochemistry analyzers.

Immunochemistry Analyzer Market : Key Players

The market is fully fragmented with leading brands, such as Siemens, Abbott Diagnostics, Beckman Coulter, Ortho Clinical Diagnostics, Thermo Fisher Scientific Inc.  and F. Hoffmann-La Roche Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

Get a Customized Scope to Match Your Need Ask an Expert- https://www.futuremarketinsights.com/ask-question/rep-gb-866

The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Brazil)

Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)

Eastern Europe (Poland, Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Immunochemistry Analyzer Market:Segmentation

Immunochemistry analyzer market is segmented into following types:

Instruments

Reagents

Global immunochemistry analyzer Market, by Instrument Type

Instruments

Immunochemistry Analyzers

Chemiluminescence Immunoassay (CLIA) Analyzers

Immuno Fluorescence (IFA) Analyzers

Enzyme Immunoassay (EIA) Analyzers

Radioimmunoassay (RIA) Analyzers

Enzyme Linked Fluorescent Assay (ELFA) Systems

Multiplexed Assay Systems

Immunochemistry Stainers

Automated Stainers

Semi-Automated Stainers

Global Immunochemistry analyzer Market, By Application

Endocrinology

Oncology

Cardiology

Therapeutic Drug Development & Monitoring

Infectious Disease Testing

Drugs Of Abuse Testing

Others

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-866

Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

Vibrating Screen Market Is Projected To Total US$ 2.3 Bn By 2028

Sales in the global vibrating screen market are slated to top US$ 1.37 Bn in 2022. Expanding at a healthy 7.6% CAGR, the market size is projected to total US$ 2.3 Bn by 2028. Future Market Insights (FMI), in its latest research, evaluates the vibrating screen market which includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the vibrating screen market and provides critical insights for the forecast period of 2019-2029. As per the research, the global vibrating screen market was valued at ~ US$ 1 Bn in 2018, and is estimated to increase at a CAGR of ~7% between the forecast period of 2019 and 2029.

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Upswing in mining processes to suffice the requirement for precious metals and hard rock minerals as well as in construction activities to build infrastructure assets is the messiah of pain points of the global vibrating screen market, suggests FMI. On the contrary, the growth trail will get hindered by tumbling mining operations on grounds of environmental amendments to curb carbon footprint and high attrition rate among miners due to on-site adversaries.

Vibrating screens have been hitting the mark with innovations over the years as sieving equipment in grading and screening of the required material, which would have been otherwise impossible. FMI’s study suggests that major market players are including add-ons to the existing and new equipment for better screening efficacy and elongated life-cycle.

Demand for Circular Vibrating Screens in Mining Industry to See an Upturn

Circular vibrating screens are inundating more than half of the market revenues, as per FMI’s study. The mining industry, including coal mines, and quarrying sites, is leveraging circular vibrating screens owing to their ability to classify materials with large specific gravity, large particles and great rigidity. The exciter of circular vibrating screens is mounted above the center of gravity of the screen box and the upper tip of elliptical long axis of the feeding end is positioned towards the leakage direction, which results in higher processing capacity per unit time than that of its linear counterpart.

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On the flip side, the complexity of shakers and fast-rate rotation of the two shafts in linear vibrating screens imply high fueling demands. Further, the FMI’s study finds that linear vibrating screens are chiefly utilized for classification of fine particles, light weight, and low stiffness materials, making them suitable for industries such as, building materials, chemical, and pharmaceutical.

By Segmentation:

Product Type:

  • Linear Vibrating Screens
  • Circular Vibrating Screens
  • Elliptical Vibrating Screens

Drive Type:

  • Direct Drive
  • Indirect Drive

End-use Industry:

  • Construction
  • Mining
  • Recycling
  • Others (Iron & Steel, Power, etc.)

Region:

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

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Manufacturers showing Stauncher Inclination toward Direct Drive System

As per the FMI’ report, adoption of direct drive system in vibrating screen accounts for more than 50% of the market revenues owing to the absence of gearboxes and belts in the design, which results in lesser wear and tear between the components. The direct drive system is cost-efficient as the moving parts in the operation and framework are less complicated. For noise abatement, the direct drive system comes up with simple arrangement and lesser moving components which may vibrate during mechanism. Furthermore, the reduced number of kinetic parts prevent easy loss of energy due to friction, enabling better efficacy, improved accuracy and increased life-cycle of the vibrating screen components. The indirect drive system, on the other hand, is subjected to friction between constituents including, gears, couplers, and pulleys, implying decreased efficiency and precision.

Surgical Navigation System Market Key Players – GE Healthcare Ltd., Medtronic Inc., Siemens Healthcare Corporation, Stryker Corporation, B.Braun Melsungen AG, Bausch & Lomb Incorporated

Surgical Navigation Systems is one of the most reliable technology which is developed to render surgeries safer and less invasive as compared to the surgeries without Surgical Navigation Systems. Navigation during surgery is an excellent technology applied currently in medical devices. Surgical Navigation Systems have accelerated the technical processes in a surgery and paved the way for complex procedures. Surgical Navigation Systems target the anatomy to be operated on and guide to place the implant safely to the particular anatomy of the human body. Surgical Navigation Systems act as information centers during surgeries. Surgical Navigation System is essential in accurate visualization of the anatomy and in surgery planning in a virtual environment. Surgical Navigation Systems reduce risks associated with surgeries.

Surgical Navigation System Market: Drivers & Restraints

The global surgical navigation system market is driven by the navigation technology which encompasses surgical planning software, intra-operative imaging and instrument tracking technologies. Surgical Navigation Systems aid in guiding the surgeons to make data-oriented decisions during surgeries. This Surgical Navigation System technology is a driver for the global Surgical Navigation Systems market. A major factor that could adversely affect the growth of the global Surgical Navigation Systems market is the surge of minimally invasive and non-invasive surgeries. The minimally invasive and non-invasive surgeries are becoming popular among the masses owing to the rapid post-operative recovery with minimal pain to the patient.

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Surgical Navigation System Market: Overview

Surgical Navigation System is also known as computer-aided surgery or computer-assisted intervention. The navigation system has to perform medical imaging of the anatomy which leads to image analysis. Based on the image generated, the navigation system helps in diagnosis and surgery simulation. The global surgical navigation system market is majorly dominated by the neurosurgery segment owing to the complicated procedures. Orthopedic navigation systems accounted for the second highest share in the global surgical navigation system market, closely followed by ENT navigation system.

Surgical Navigation System Market: Region-wise Outlook

Depending on geographic regions, global Surgical Navigation System market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. Due to the mature healthcare sector in the North American countries, North America held a substantial market share in the global surgical navigation system market and is expected to retain the share over the forecast period. The countries of Japan and Germany are projected to present considerable growth rate in the global surgical navigation system market due to the well-established infrastructure and advanced Information Technology (IT) in healthcare.

Surgical Navigation System Market: Key Players

Some of the key players in the global Surgical Navigation System are GE Healthcare Ltd., Medtronic Inc., Siemens Healthcare Corporation, Stryker Corporation, B.Braun Melsungen AG, Bausch & Lomb Incorporated, CAScination AG and Brainlab AG. The global surgical navigations system manufacturers are involved getting product approvals from Food and Drug Administration (FDA) and other regulatory authorities for market launch of their products. The global surgical navigations system market players are encouraging acquisitions and strategic collaborations to gain competitive advantage, expand into emerging markets and broaden the product portfolio.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

Get a Customized Scope to Match Your Need Ask an Expert- https://www.futuremarketinsights.com/ask-question/rep-gb-977

The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain, Rest of Western Europe)

Eastern Europe (Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Surgical Navigation System Market: Segmentation

Surgical Navigation System market is classified on the basis disease indication and geography.

Based on disease indication, the global Surgical Navigation System market is segmented into the following:

Neurosurgery Navigation System

Spine Navigation System

ENT Navigation System

Orthopedic Navigation System

For critical insights, request for PDF Brochure: https://www.futuremarketinsights.com/reports/brochure/rep-gb-977

Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

Magnetic Drive Pump Market Are Expected To Reach A Valuation Of US$ 807.9 Mn Through 2021

The global magnetic drive pump sales are projected to top US$ 807.9 Mn in 2021, as per ESOMAR-certified research and consulting firm Future Market Insights (FMI). With steady growth outlook, the market is poised to register CAGR at nearly 5.3% during 2021-2031. Demand for global magnetic drive pump waned in 2020 due to the outbreak of COVID-19. With the construction industry in recovery mode, the long-term outlook of the market is expected to remain positive.

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Expansion of the construction and mining industries is expected to increase the demand for heavy machinery and equipment, increasing sales in the magnetic drive pump market. As per FMI, increasing application in construction and mining industries is projected to register steady growth across China, India, and Indonesia. As per FMI’s analysis, rapid adoption of technologically advanced equipment and machinery, coupled with increasing application for water treatment activities will spur the sales. Backed by these aforementioned factors, the market is expected to surpass US$ 1.35 Bn by 2031.

In some of the major regions, construction and mining industries are required to adhere to strict legislations to attain certain standards of end-use industry. Government authorities formed to protect the environment such as Pollution Control Agency and Environmental Protection Agency require manufacturers to invest heavily in new technologies to reduce the emission of pollution. However, due to these regulations, manufacturers of industrial pump registered slump in the sales in terms of volume. Moreover, companies operating in the developing economies refrain from investing heavily in advanced technologies due to high initial cost.

Manufacturers are also aiming at strategic collaborations with end users and regional distributors to cater to the rising demand from various industries. Brand consciousness and aggressive marketing make it challenging for new entrants in this market. The leading companies operating in the market are:

Major Key Player:

  • Ebara Corporation
  • Flowserve Corporation
  • Kirloskar Brothers Limited
  • ITT Goulds Pumps Inc.
  • Iwaki Co Ltd.
  • Klaus Union
  • March Manufacturing
  • Ruhrpumpen Inc.
  • Sundyne LLC
  • Xylem Inc.
  • PRECISION ENGINEERING CO.
  • Grosvenor Worldwide Private Limited
  • GCA Energy
  • Magnatex Pumps, Inc.
  • Grundfos
  • TEIKOKU ELECTRIC MFG. CO., LTD.
  • ELEPON E.C.A.P. Corporation
  • NIKKISO EIKO Co., Ltd.

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By Segment:

By Pump Type:

By Flow Rate:

  • Up to 80 m3/hr
  • 81 – 200 m3/hr
  • 201 – 500 m3/hr
  • Above 501 m3/hr

By Casting Material:

  • Stainless Steel
  • Alloy
  • Engineering Plastic
    • PP
    • ETFE
    • PFA
    • CRETFE

By Application:

  • Mining
  • Chemical Manufacturing and Processing
  • Bio-Fuels and Refineries
  • Metal Plating and Finishing
  • Fume Scrubbing
  • Food Processing
  • Water Treatment
  • Surface Treatment
  • Desalination
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry.

Electrical Enclosure Market Is Anticipated To Represent Incremental Opportunity Of US$ 3.9 Bn Between 2018-2028

The global Electrical Enclosure market is estimated to have been valued at US$ 6,161.0 Mn at the end of 2017 and is expected to reach US$ 10,370.0 Mn by the end of 2028 while expanding at a CAGR of 4.9% over the forecast period. The global Electrical Enclosure market is anticipated to represent incremental opportunity of US$ 3,940.2 Mn between 2018 and 2028. Some of the end-use applications considered in this report on electrical enclosures include industrial, commercial and residential sectors.

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Electricity consumption in SEAP has grown at a significant pace, driven by rising population, rapid urbanization, growth in industrial production and mining and progressive extension of access to modern electricity to large segments of the rural population. Developing countries in South East Asia & Pacific are looking to restructure their electricity industry, improve competitiveness and efficiency,  stimulate  new  generation  technologies and mobilize  more  private funds to  boost  electricity  supplies  and  improve reliability. All of these factors will require reliable power controlling facilities, which will ultimately drive the demand for electrical enclosures, thereby boosting the demand in the Global Electrical Enclosures market.

An electrical enclosure is a container/ box that encloses electrical connections for safekeeping as well as to ensure the safety of the general public. The whole point of an electrical enclosure box is to keep wires safe, free from dirt and dust and secured.An electrical enclosure is usually installed within the layers of a wall so that all wires are concealed and the overall build looks neat and tidy. Growth of end-use applications, such as electricity transmission and distribution, energy and power, transportation network, industrial and commercial and residential construction, are expected to create healthy growth opportunities for the Electrical Enclosure market.

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By Segment: By Product Type 

Junction Enclosures Disconnect Enclosures Operator Interface Enclosures Environment and Climate Control Enclosures Push Button Enclosures

By Material Type

Metallic Aluminium Mild steel Stainless Steel Non-Metallic Fiberglass Polycarbonate Polyester ABS

By Design 

Standard Type Custom Type

By Configuration

Wall Mount Enclosures Floor Mount Enclosures Freestanding Enclosures

By End Use Sector

Industrial Residential and Commercial

By Region

North America Latin America Western Europe Eastern Europe China Japan India South East Asia & Others (SEA) Middle East & Africa (MEA)

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Strengthening Regional Transmission Network Will Push the Demand for Electrical Enclosures

Over the last decade, utility companies have been investing to strengthen their transmission network, especially in rural areas. The projects include designing, manufacturing, installing and commissioning of capacitor banks at substations to improve flexibility and reduce their reliance on a single power station. All these measures are being taken to optimise energy generation, enable substation automation, improve transmission and distribution as well as increase reliability and precision in industrial processes, infrastructure and buildings. However, the region lags behind in terms of safety installations in the region as compared to developed countries, which will both be an opportunity and a driving factor for the growth of the electrical enclosure market over the forecast period.

Virtual Companion Care Market Drivers and Restraints, Regional Outlook, Key Players, Technology Forecast To 2027

In the age of digitization, relationship between patients and care-givers or health maintenance organizations is changing rapidly as various technologies are being employed by primary and secondary users of health care services across the globe. The popularity of virtual worlds is increasing over the time and healthcare systems are thus using it for promoting healthy behavior. Virtual companion care represents an example of virtual reality that represents a virtual agent which is incorporated with an artificial conversational entity like cathbot, and can display appropriate non-verbal behavior after communicating with existing healthcare databases. Elder population can talk to them in a normal conversational tone and the virtual agent can speak back, answer questions, read news for them, etc. Many elderly people living alone at home require companionship. There are different technologies such as mobile phones and computers that can connect these elderly patients to their families however these technologies can provide only companionship as much as busy family members can do. Virtual companion care provides alternative that can be a substitute for in-person human contact and alleviate loneliness. The concept of virtual caregiving however cannot replace the human companionship although it can be viewed as a way to decrease the time for companion sessions and thus is cost saving. The cost of virtual companion care services in the U.S. is approximately US$ 200 per month. Virtual companion care services have made caring for seniors very easy and feasible.

Virtual Companion Care Market: Drivers and Restraints

Primary factors driving growth of virtual companion care market are rapidly growing geriatric population, technological advancements, penetration of technology among general population and elderly population and need for companion care services due to elder population living alone at the home. According to U.S. Department of Health and Human Services and the National Ambulatory Medical Care survey, population aged over 65 in the U.S. will be doubled by 2030. Majority of elderly people may not need assistance but require companionship and thus virtual companion care is adopted by them. Even though information society is gaining importance over time elderly people are major challenge in this respect as they lack interest and knowledge of technological progress. This is expected to limit the growth of virtual companion care market.

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Virtual Companion Care Market: Overview

Market for virtual companion care is in early stage of development and majority of population in developing countries is yet to know about it. Majority of the platforms are being developed by the universities and are expected to be completed and launched over the forecast period of 2017–2027. Even in developed countries such as the U.S. and European countries the concept of virtual companionship is not readily adopted by the general population. Under its Eurostatrs Program, European Union is developing Naviga platform which allows elder people and persons with disability to access the internet and the information society. The platform also provides home rehabilitation physiotherapy through virtual reality applications.

Virtual Companion Care Market: Regional Outlook

Geographically, global virtual companion care market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America clearly dominates the global virtual companion care market due to high penetration of technology and internet among elderly population. Europe is expected to be the second largest market due to government initiatives for providing companion care to elderly. Japan virtual companion care market is expected to witness robust growth due to number of companies working to develop virtual platforms for elderly care.

Virtual Companion Care Market: Key Players

Some of the players identified in global virtual companion care market include Claris Healthcare Inc., General Electric Company, AIST Japan, GeriJoy Limited, Living Assistance Services Inc. etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

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Regional analysis includes:

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain)

Eastern Europe (Poland, Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Virtual Companion Care Market: Segmentation

Tentatively, global virtual companion care market has been segmented on the basis of end user, and geography

Based on end user, global virtual companion care market is segmented as below:

Long-term Care Centers

Home Care Settings

Rehabilitation Centers

Old Age Homes

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Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Cathodic Protection Market Is Expected To Record A Steady CAGR Of Nearly 6.0% Through 2028, To Exceed Revenues Worth US$ 7,000 Mn

According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013.

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Structure Analysis

Fragmented nature of the global cathodic protection market is expected to prevail. However, leading players in the cathodic protection market continue to hold over 30-40% revenue share.

As a part of their business growth strategies, established players in the cathodic protection market, have been focusing on expanding their presence in North America and Europe, as these two regions hold potential opportunities for infrastructure and corrosion protection services. Key players in the cathodic protection market have also been eyeing expansion in the Middle East & Africa, and Asia Pacific, sensing the opportunities entailed by growth in production facilities, transportation, and energy infrastructure. As a differentiating strategy, cathodic protection market participants are focusing on cost reduction in their services, and the development of new techniques used for cathodic protection.

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By Segmentation:

Solution

Products, Anodes, Power Supplies, Junction Boxes, Test Stations, Remote Monitors, Coatings, Instrumentation, Others. Services, Inspection, Design & Construction, Maintenance,

Type

Galvanic (Sacrificial Anodes), Impressed Current.

Application

Pipelines, Storage Facilities, Processing Plants, Water & Wastewater, Transportation, Bridges, Airports, Fuelling Systems, Metros, Building, Others,

Region

North America, Latin America, Western Europe, Eastern Europe, China, India, Japan, SEA and Other APAC, Middle East & Africa.

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According to a recent research, infrastructure spending is expected to grow at a significant rate in the foreseeable future, with almost 60% of infrastructure spending between 2018 and 2025 expected to be witnessed in the Asia Pacific region.

The trend has been increasingly pervasive in developing nations such as India and China. Such robust infrastructure spending by governments will significantly drive the demand for cathodic protection in the upcoming years.

Competitive Analysis:

Key players operating in the cathodic protection market include Aegion Corporation, BAC Corrosion Control Ltd., Cathodic Protection Company, Cathodic Protection Management, Inc., Corrosion Protection Specialist Private Limited, Farwest Corrosion Control Company, Imenco AS, Matcor, Inc, MG Duff International Ltd, Perma-Pipe Inc., SAE Inc., Southern Cathodic Protection, Tecnoseal Group, The Nippon Corrosion Engineering Co., Ltd., and Nakabohtec Corrosion Protecting Co., Ltd.

Carbon Brush Market Is Expected To Grow At A CAGR Of Nearly 4% During Forecast Period 2019-2029

The market for the global carbon brush market was valued at over US$ 2,500 Mn in the year 2018, and is expected to expand at a CAGR of nearly 4% during the forecast period of 2019 to 2029.

Increasing production is sectors such as industrial applications, automotive, electrical goods, household appliances, energy, and healthcare, among others, has resulted in a drastic growth in the demand for carbon brushes, which are used to conduct electrical current between the stationary and rotating parts of a motor. This describes the anticipated growth of the carbon brush market during the forecast period.

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  1. Global carbon brush market size in 2018 – Nearly US$ 2,500 Mn
  2. The carbon brush market is expected to grow at a CAGR of nearly 4% over 2019-2029.
  3. East Asia and North America are expected to remain prominent regional markets in the carbon brush market.
    • East Asia and North America are the leading regions in the carbon brush market, owing to the increasing adoption of carbon brush products for motors and increasing industrial applications for the development of carbon brush products for different applications.
  4. Distribution and marketing synergies between companies expected to exploit carbon brush market growth prospects.
    • Major players in the carbon brush market, such as Morgan Advanced Materials, Mersen SA, Robert Bosch GmbH, Schunk GmbH, etc., are employing synergistic methods of product co-marketing and co-promotion, by teaming up with other companies.
    • The synergistic partnerships between actively operating companies are proven to pose an instant growth impact on the carbon brush industry, when compared to that held by strategic acquisitions and mergers.
    • In October 2018, Schunk GmBH laid the foundation of its new production facility in Heuchelheim. It invested approximately 30 million Euros in the project.
  5. Electro graphite is expected to remain a highly preferred product type in the carbon brush market.
    • The demand growth of electro graphite can be primarily attributed to the growth of the global motor market.
    • Some of the factors such as cost effectiveness and rising awareness about the benefits of carbon brush procedures are expected to propel the growth of the carbon brush market.

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Motor Segment, by Application Type, and Industrial Application Segment, by End-Use Industry, to Remain Prominent Over the Forecast Period

Based on product type, the electro graphite segment is expected to remain a dominant segment in the forthcoming years, accounting for a protruding share in the global carbon brush market throughout the forecast period. In terms of the growth rate, the electro graphite segment is considered to project relatively higher growth in the coming years. On the basis of application, the motor segment is estimated to account for nearly one-third of the market size, owing to their vast applications in various end-use verticals. Based on sales channel, the aftermarket segment is estimated to account for nearly two-third of the market size throughout the forecast period.

Carbon brushes have significant applications in various end-use industries such as automotive, electrical hand tools, industrial applications, household appliances, security and defence, petrochemicals, energy, and healthcare, among others. The industrial applications segment is projected to be one of the prominent end-use industry segments in the carbon brush market, and is expected to account for more than one-third of the total carbon brush market throughout the forecast period. Besides industrial applications, carbon brushes also find important application in the automotive industry, which is also expected to create significant revenue for the global carbon brush market.

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Competitive Analysis:

The report highlights some of the market players that are prominent and are leaders in the global carbon brush market. Some of the examples of the key players in this market are Morgan Advanced Materials, Mersen SA, Robert Bosch GmBH, Schunk GmBH, Toyo Tanso Co., Ltd, Pelican Carbon Brush Pvt. Ltd, Helwig Carbon Products Inc., Aupac Co., Ltd, Assam Carbon Products Limited, Naeem Carbon & Industrial Products LLP, Phynyx Industrial Products Pvt. Ltd, and National Carbon Brush Products, among other players.