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Saudi Arabia Pharmaceutical Market Has Been Estimated to Account for US$ 5.2 Bn in 2016

The significant rise in lifestyle-related diseases and the developments in healthcare infrastructure are expected to influence the demand for pharmaceuticals in Saudi Arabia. In 2016, the Saudi Arabia pharmaceutical market is anticipated to procure value worth US$ 5,209.5 Mn at a y-o-y growth of 6.0 % over 2015. The mounting demand for branded drug products will continue to incite the growth of the Saudi Arabian pharmaceutical market in 2016.

 

The demand for pharmaceuticals in Saudi Arabia is expected to register substantial growth owing to the increasing penetration of health insurance companies and the rising incidence rate of non-communicable diseases. Furthermore, the exceptional rise in the per capita income of Saudi Arabia is also expected to foster the demand for branded pharmaceutical drugs. Another key factor driving the growth of the pharmaceutical market in Saudi Arabia is the country’s strategic move to allow 100% FDI in the pharmaceuticals sector. Although, the shortage of profound indigenous research capacity in the pharmaceutical industry and the delayed registration of drug and medicine patents is expected to limit the expansion of the market in 2016 and beyond. 

 

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Based on the product type, the pharmaceutical market in Saudi Arabia is expected to witness an upsurge in the prescription-type branded drug products. In terms of market value, the branded drugs are estimated to reach US$ 2,760.8 Mn by 2016-end. The demand for generic drugs is projected to secure steady growth, attributing to the 

On the basis of the diseases, the pharmaceutical drugs used for treatment of cardiovascular diseases will continue exhibiting robust growth in 2016. The demand for cardiovascular medications will continue to surge due to the prominence of circulatory disorders in Saudi Arabia. Additionally, the rising prevalence of disorders related to body sugar levels is expected to make diabetes a rapidly growing disease-based sub-segment in the Saudi Arabia pharmaceutical market.

 

The pharmaceutical market in Saudi Arabia is also segmented on the basis of distribution channel, where retail pharmacies will continue to account for 80% market share compared to hospital pharmacies. The westernised modernisation of retail pharmacies in Saudi Arabia has led to the availability of a wide range drugs and medicinal products, thereby attaining a considerable growth in the retail pharmacy sub-segment in 2016 and further.

 

The rising resource potential in Saudi Arabia is projected to positively reform the production environment for pharmaceutical manufacturers. In order to expand the market’s size, structuring alliances with well-established native companies is predicted to be a key strategy for global pharmaceutical leaders. The key players in the Saudi Arabia pharmaceutical market include Novartis AG, SPIMACO, Pfizer Inc., and Glaxosmithkline plc., Jamjoom Pharma,  and Tabuk Pharmaceutical Manufacturing Co. among others. 

 

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Long-term Outlook:

 

The Saudi Arabia pharmaceutical market is expected to expand at a CAGR of 9.0% over the forecast period 2016-2026. In terms of market value, the pharmaceutical market in Saudi Arabia is estimated to be worth US$ 12,281.4 Mn by the end of forecast period.

North America and Europe Dermal Filler Market expected to grow at a CAGR of 6.4% during 2016 to 2026

Future Market Insights (FMI) delivers key insights on the North America and Europe dermal filler market in its latest report, titled “North America and Europe Dermal Filler Market: Industry Analysis and Opportunity Assessment, 2016-2026.” In terms of revenue, the North America and Europe dermal filler market is projected to register a promising CAGR of 6.4% over the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.

The factors powering demand for dermal fillers are aging population, increasing expenditure on aesthetics and beauty procedures, introduction of new areas of application such as HIV induced facial lipoatrophy, enhancement of dorsal area of hand and rising demand for non-invasive aesthetic procedures over surgical aesthetic procedures.

 

However, higher cost associated with the dermal filler procedure, patch up or reinjection needed for achieving the desired facial rejuvenation for absorbable dermal fillers and some post procedure complications associated with dermal fillers like bruising, redness and granulation are some factors expected to hamper growth of the North America and Europe dermal filler market over the forecast period.

 

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Key trend defining the market is the prominent players acquiring smaller players in aesthetics product domain, consequently increasing their infrastructure along with expanding their product portfolio. Also, big players are partnering with local and smaller companies for distribution of their products on a regional level in pursuance of capturing the market share. Furthermore, dermal filler manufacturers are also increasingly concentrating on end user engagement to retain and expand their market share. 

 

Segmentation highlights

 

  • The market is segmented based on product type, filler material, distribution channel and region. Based on product type, the market is segmented into absorbable fillers and non-absorbable fillers.

  • Among the product type segment, absorbable product type segment is expected to exhibit the highest revenue growth over the forecast period. The absorbable product type segment is expected to register a significant CAGR of 6.5% during the forecast period in terms of value. The non-absorbable product segment is projected to register CAGR of 4.5% over the forecast period.  

  • To provide in-depth insights on the pattern of demand for dermal fillers, the market is segmented into different type filler material such as hyaluronic acid (HA), poly-L-lactic acid (PLLA), calcium hydroxylapatite (CaHA), polymethylmethacrylate (PMMA) and collagen. The hyaluronic acid material segment is projected to register a significant CAGR of 6.7% over the forecast period in terms of value.

  • The market has also been segmented by distribution channel into retail pharmacies and drug stores, clinics and hospital pharmacies and online sales segments. Clinics and hospital pharmacy distribution segment is expected to be the highest in terms of revenue over the forecast period, with the segment registering a CAGR of 7.8%.

  • Retail pharmacies and drug stores are projected to witness a CAGR of 6.8% over the forecast period. One of the major growth supporter for the dermal filler market is the office based procedure and small time required for procedure (30 to 60 minutes). 

Regional market projections

 

This report assesses trends in driving growth of each segment on the collective as well as regional level and offers potential takeaways that could prove substantially useful to dermal filler manufacturers looking forward to enter the market. North America market is expected to dominate the dermal filler market, accounting for maximum revenue share by 2016 end. Western Europe market is expected to account for approximately 28.5% revenue share of the North America and Europe dermal filler market by 2016 end. Among the emerging markets, Germany is projected to exhibit a significant CAGR of 7.2% over the forecast period, followed by France, due to rising demand for non-invasive aesthetics procedures and increasing expenditure on aesthetic procedures. 

 

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Vendor insights

 

Some of the key players in the North America and Europe dermal filler market include Allergan plc., Galderma Pharma S.A., Sinclair Pharma S.A., Anika Therapeutics Inc., Suneva Medical Inc. and Merz Pharma GmbH and Co. KGaA. In this report, FMI has discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, mergers and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively.

 

Portable Oxygen Concentrators Market Will hit at a CAGR of 7.8% in terms of value from 2016 to 2026

According to a latest report published by Future Market Insights titled “Portable Oxygen Concentrators Market: Global Industry Analysis and Opportunity Assessment, 2016–2026,” the global portable oxygen concentrators market is anticipated to register a CAGR of 7.8% between 2016 and 2026 in terms of value. 

 

Portable oxygen concentrators supply oxygen to patients suffering from respiratory diseases such as chronic obstructive pulmonary diseases. The concentrator separates nitrogen and oxygen from air in the environment and then supplies 95% pure oxygen to patients. POCs are easy to carry as they are smaller in size compared to stationary concentrators. Moreover, POCs are of great use to mountaineers and travellers in places where oxygen is inadequate. 

 

According to Future Market Insights, the global portable oxygen concentrators market is likely to witness substantial growth owing to increasing prevalence of chronic obstructive pulmonary diseases, growing consumer awareness for oxygen therapy devices, and a changing consumer lifestyle. Further, adoption of new technologies in medical devices, increasing government expenditure towards healthcare and medical devices development and production, and a rise in investment by companies manufacturing homecare products is likely to boost the growth of the global portable oxygen concentrators market during the forecast period (2016 – 2026). However, high product costs and stringent FDA regulations pertaining to medical devices are some of the factors likely to restrain the growth of the global portable oxygen concentrators market during the forecast period. 

 

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Segmentation highlights

 

The global portable oxygen concentrators market has been segmented on the basis of Product into Continuous Flow Portable Oxygen Concentrator and Pulse Flow Portable Oxygen Concentrator; and on the basis of End User into Hospitals, Homecare, Ambulatory Surgical Centres, and Travel Agents.

 

  • The Pulse Flow Portable Oxygen Concentrator product segment is projected to be valued at US$ 1890.3 Mn by 2026, registering a CAGR of 9.0% over the forecast period

  • The Homecare end user segment is projected to be valued at US$ 1820.5 Mn by 2026 and is likely to witness a CAGR of 9.0% over the forecast period 

Regional market projections

 

The global portable oxygen concentrators market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, APEJ, MEA, and Japan. Growing geriatric population consequently increasing the requirement for homecare settings particularly in high income countries with increasing number of patients suffering from chronic obstructive pulmonary diseases is expected to result in significant growth of the North America portable oxygen concentrators market. The North America region is expected to report incremental opportunity of US$ 781.7 Mn between 2016 and 2026. Evolution of health insurance system is expected to contribute largely to the revenue generation potential and attractiveness of the Eastern Europe portable oxygen concentrators market. Rising adoption of portable oxygen concentrators in chronic obstructive pulmonary diseases patients for better care is expected to fuel revenue growth in the Japan portable oxygen concentrators market over the forecast period. High product cost of portable oxygen concentrators is expected to hamper sustainable adoption in the APEJ region. Lack of product awareness is expected to hamper market growth in the APEJ and MEA regions.

 

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Vendor insights

 

The report profiles some of the top companies operating in the global portable oxygen concentrators market such as Koninklijke Philips N.V., Inogen Inc., Chart Industries Inc., Resmed Inc., Invacare Corporation, Drive DeVilbiss Healthcare, Precision Medical Inc., Besco Medical Co. Ltd., Oxus America, Inc. (Oxus), Foshan Keyhub Electronic Industries Co. Ltd., O2 Concepts LLC, and GCE Group. Key strategies adopted by leading market players in the global portable oxygen concentrators market include product approvals and commercialisation, efficient entry into markets in emerging countries, and adoption of latest innovative technologies in healthcare, thus strengthening regional proficiency and addressing customer needs effectively. New product launches, product innovation, and geographical expansion are anticipated to form the core of these strategies during the forecast period.

Central Venous Catheter Market will reach at a CAGR of 5.1% from 2016 to 2026

Future Market Insights (FMI) delivers key insights on the global central venous catheter market in its latest report titled,“Global Central Venous Catheter Market: Industry Analysis and Opportunity Assessment, 2016–2026”. In terms of revenue, the global central venous catheter market is projected to register a CAGR of 5.1% over the forecast period owing to various factors, on which FMI offers detailed insights and forecasts.

Growth of the global central venous catheter market is mainly driven by rising adoption and growing demand for antimicrobial coated catheters, coupled with socio-economic factors such as increasing disease incidences due to a growing geriatric population. Other prominent growth drivers are product innovations and increasing rates of hospitalisations. A key trend in the global central venous catheter market is the increasing usage of tip location devices for locating the tip of the catheter during central access procedure. Increasing number of oncologists are prescribing antimicrobial coated tunnelled catheters for chemotherapy regimens, which is another prominent trend in the global central venous catheter market.

 

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Segmentation highlights

 

The market is segmented based on product type, design of the catheters, composition of the catheters, properties, end user and regions. Based on product type, the market has been segmented into tunnelled and non-tunnelled catheters.

  • Non-tunnelled catheters are expected to exhibit the fastest CAGR, due to increase in the usage of these catheters by anaesthesiologists in the emergency room. The segment is expected to register a CAGR of 5.3% during the forecast period. However risk of catheter related blood stream infection with non-tunnelled catheters is expected to adversely affect demand for these central venous catheters over the forecast period

  • To provide deeper insight into pattern of demand for central venous catheters, the market has been segmented based on the properties of the central venous catheters such as antimicrobial coated catheters and non-antimicrobial coated catheters

  • The antimicrobial coated catheters property segment is expected to witness a highest CAGR of 6.0% over the forecast period. The market has also been segmented based on the composition of the catheter such as catheters made up of polyurethane, polyurethane/polycarbonate and silicon. Polyurethane CVCs are expected to exhibit the fastest CAGR during the forecast period

  • To analyse the sales of central venous catheter further, the market has been segmented based on the design of the catheters such as single lumen catheters, double lumen catheters and multi lumen catheters

  • In addition to this, the market has also been segmented by end users into hospitals, ambulatory surgical centres, and speciality clinics. The Hospital end user segment is expected to account for the highest demand for central venous catheter over the forecast period, registering a CAGR of 5.3%. Increasing patient admissions for major surgeries, trauma cases, accidents etc. is anticipated to push the demand for central venous catheters in hospitals over the forecast period

Regional projections

 

This report assesses trends driving growth of each segment on the global as well as regional levels, and offers potential takeaways that could prove substantially useful to central venous catheters manufacturers looking to enter the market. North America has been estimated to dominate the global central venous catheter market with a maximum market share in 2015. North America and Western Europe have been collectively expected to account for around 50% of the total global central venous catheter market share in terms of value in 2015. Amongst the emerging markets, APEJ region is estimated to exhibit the highest CAGR of 6.2% over the forecast period, due to an increase in the number of patients admitted to hospitals.

 

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Vendor insights

 

Some key players in the global central venous catheter market identified in the report include AngioDynamics, C.R. Bard, Teleflex Incorporated, Kimal, B. Braun Melsungen AG, Vygon (UK) Ltd., Smiths Medical and Comed B.V. FMI has discussed individual strategies of these companies in terms of enhancing product portfolio, distribution partnerships, market consolidation and advanced R&D initiatives. In addition, the report also provides company share and competitive dashboard for players already present in the market.

 

Decorative Paints Market expected to grow at a CAGR of 5.3% during 2016 to 2026

According to a new report by Future Market Insights titled “Decorative Paints Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”, the global decorative paints market is anticipated to reach a market valuation of US$ 42.9 Bn by 2016 end and register a CAGR of 5.3% during the forecast period 2016–2026. In the report, Future Market Insights analyses the global decorative paints market performance and throws light on the key drivers, restraints, and trends likely to impact the market during the assessed 10-year period.

 

According to analysts at Future Market Insights, changing consumer demands and a rapid development of commercial and residential buildings is expected to boost the growth of the global decorative paints market over the forecast period. A growing number of commercial buildings and rocketing construction of skyscrapers is further expected to push the demand for decorative paints in the coming years. Manufacturers are producing paints that can be used on multiple substrates such as cement walls, wood, glass, tiles, composites, etc. with robust physical and chemical properties, providing consumers the freedom to use paints as per their suitability. This is expected to boost the growth of the global decorative paints market over the forecast period. However, the threat of product substitution is expected to be a restraint to the global decorative paints market and use of nanotechnology based powder paints and coatings is expected to pose significant challenges to traditional decorative paints manufacturers globally.

 

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“Introduction of intelligent paints for controlling temperature and heat transfer in varied geographical and climatic conditions around the world is emerging as a major trend in the global decorative paints market. Further, the need to decrease the hazardous impact of solvent based paints on the environment across the globe is pushing manufacturers and consumers to go for water based paints that emit lower Volatile Emission Control (VOC) as compared to solvent based paints.” --- Analyst – Chemicals and Materials, Future Market Insights

 

Segmentation highlights

 

The global decorative paints market is segmented on the basis of product type into water based paints and solvent based paints; on the basis of formulations into emulsions and distemper; on the basis of price into premium range, medium range, and distemper range; on the basis of application into interior and exterior; and on the basis of sales channel into offline store and online store.

  • On the basis of product type, the water based paints segment is estimated to be pegged at 21,014 KT in terms of volume by the end of 2016

  • On the basis of formulations, the emulsions segment is expected to create incremental $ opportunity of US$ 24.10 Bn between 2016 and 2026

  • On the basis of price, the premium range segment is estimated to account for a market value share of 39.7% by the end of 2016

  • On the basis of application, the interior segment is estimated to be pegged at 18,612 KT in terms of volume by the end of 2016

  • On the basis of sales channel, the offline store segment is expected to register a CAGR of 5.4% during the forecast period

Regional market projections

 

The global decorative paints market is segmented into the seven key regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. The APEJ region is expected to dominate the global decorative paints market in terms of revenue, registering a CAGR of 5.9% during the forecast period.

 

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Vendor insights

The global decorative paints market report profiles some of the leading players operating in the market such as Akzo Nobel N.V, The Sherwin-Williams Company, PPG Industries Inc., Asian Paints, Nipsea Group (Nippon Paints), BASF SE, The Valspar Corporation, Berger Paints India Limited, Kansai Paint Co. Ltd., RPM International Inc., and Jotun. Top market companies are investing heavily in new manufacturing facilities and are collaborating with big international players to increase sales and retain their strategic position in the global decorative paints market.

 

Impact of Existing and Emerging Enterprise Internet Reputation Management Market Trends 2016-2026

In this ever changing technological world internet and online connectivity has become an integral part of business organization across the globe. On one hand, internet connectivity has given business organization enormous opportunity to grow their business in every dimension, on other hand, it has also provided ease to customer and consumer to exchange information with business organization. Because of internet connectivity, online applications have become new marketing channels for enterprises but at the same time customers can also convey their dissatisfaction in no time that can portray bad image of the company. That’s why, enterprise internet reputation management is must for every business organization. Enterprise internet reputation management includes tracking of public opinion, analyzing them, and finally interpreting meaningful information out of it. Based on these interpretation and findings, it assist business organization to draft their online marketing campaign accordingly. Now-a-days, a person will find very few obstacles in damaging the online health of an organization via social media. Internet reputation management does online makeover for enterprises by trashing negative search result and promoting content and reviews.

 

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Global Enterprise Internet Reputation Management Market: Drivers and Challenges

The rise of internet added various dynamics to business organizations but at the same time it has increased the business complexity. Internet and social media channel generate data of multiple gigabytes every day. So, to analyze this enormous amount of data that is in the form of video, images, reviews etc., and to focus on their core business areas, enterprises are now availing services of enterprise internet reputation management. Furthermore, need of digitized marketing campaign is also driving the growth of the market.

There are number of independent consultant and service providers are available for internet reputation management. Every consultant and service providers have different mix of offerings with complex pricing structure. Sometime it creates dilemma for business organizations to choose right mix of services considering the prices that give them best quality of service.

 

Global Enterprise Internet Reputation Management Market: Segmentation

Enterprise Internet Reputation Management Market can be segmented on the basis of social media channel, end-user, and region. The different types of social media channels include Facebook, Twitter, LinkedIn, and others. On the basis of end-user, Enterprise Internet Reputation Management Market can be segmented into small business, mid-size enterprises, and large enterprises. Region wise, Enterprise Internet Reputation Management Market can be segmented into North America, Latin America, Asia Pacific, Japan, Eastern Europe, Western Europe, and Middle East & Africa.

 

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Reputation.com, SEO Image, WebpageFX, Digital Current, Netmark, FEI, and SEOValley are some of the key agencies operating in Enterprise Internet Reputation Management Market.

 

Regional Overview                  

North America is expected to be the largest market of global enterprise internet reputation management market. Majority of internet reputation management service agencies such as reputatiuon.com, SEO Image, and WebpageFx are based in North America region itself and they are also busy in expanding their business out of North America region.

 

Asia pacific region is also expected to witness moderate growth rate of enterprise internet reputation management market. The Asia Pacific region’s market is highly driven by independent online reputation consultant and growth of SMEs in the region is also contributing in the overall growth of the market.

 

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Transportation Predictive Analytics And Simulation Market Value Chain and Forecast 2016-2026

Increasing volume of data generated across various transportation authorities and agencies, is the key factor driving the demand for global transportation predictive analytics and simulation market. Predictive analytics coupled with simulation techniques delivers an effective solution for design and operation of modern transportation systems.

Simulation techniques enable the transportation operators to track the movements of individual vehicles and to capture the general relationships between flow, density, and speed of the traffic.

 

Predictive analytics enables efficient transportation operations by transforming the captured data into meaning insights for future decision making. Predictive Analytics and Simulation techniques delivers various results to the transportation sector such as traffic optimization, predictive maintenance, network & capacity optimization, customer behaviour, revenue optimization and so on.

 

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Market Dynamics

Increasing population, rising operational challenges, and growing focus on developing advanced transportation infrastructure are the key factors driving the growth of global transportation predictive analytics and simulation market.  

 

Additionally, rising transport infrastructure investment, growing trend towards intelligent transportation systems (ITS), and increased preference for data driven business operations, is expected to accelerate the growth of transportation predictive analytics and simulation market globally. With the increasing interest on implementing internet of things (IoT) technology in transportation operations and global adoption to cloud based business solutions, the global market for transportation predictive analytics and simulation market is expected to witness a healthy growth rate during the forecast period.

 

However, high initial cost and technical challenges related to integrating transportation predictive analytics and simulation software with the current systems, are the factors likely to deter the progression of market.

 

Market Segmentation:

Global transportation predictive analytics and simulation market can be segmented on the basis of component, simulation method, type of transport and end user.

On the basis of component,   the market can be segmented into software and hardware.

On the basis of simulation method, the market can be segmented into microscopic, macroscopic, and mesoscopic.

 

On the basis of type of transport, the market can be segmented into roadways, railways, airways, and seaways.

On the basis of end user, the market can be segmented into public and private.

 

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Regional Outlook:

Regionally, global transportation predictive analytics and simulation market is segmented into North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.

Currently, North America dominate the global market for transportation predictive analytics and simulation, mainly due to advanced infrastructure and continuous optimization of transportation operations.  Asia Pacific is identified as the fastest growing marked due to rapid urbanization and increasing investment on transportation infrastructure.

 

Competition Landscape:

The key players active in the global transportation predictive analytics and simulation market, include Cubic Corporation, IBM Corporation, Xerox Corporation, SAP, Space-Time Insight, Predikto Inc., Cyient-Insights, TSS-Transport Simulation Systems, Caliper Corporation, Tiger Analytics, and T-Systems.

 

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Electronic Cleaning Solvents Market Forecast By End-use Industry 2016-2026

Cleaning is an indispensable procedure within electronic industry and has been utilized for a long time to remove possibly unsafe contaminants including flux, adhesives and solder residues, dust, oil, grease etc. during the manufacturing and maintenance of electronic products. The purpose behind cleaning of electronic devices is to improve the life of the product. In electronic industry, cleaning is required at different stages, like before soldering and stencilling to remove the contaminants and after stencilling to remove excess solder. Removal of a wide variety of solder fluxes used in electronic manufacturing and repair is also essential. Moreover, degreasing is required in electronic devices, degreaser is used to remove oil and grease from internal parts of electronic equipment and devices.Moreover, cleaning is also required for coating and adhesives removal in case of rework. Electronic cleaning solvents are extensively utilized in electronics industry for aforementioned operations. Moreover, in recent times significant developments in electronic cleaning solvents have been noticed across the globe leading to substantial demand for electronic cleaning solvents especially in Asia Pacific region.

 

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Electronic cleaning solvent is a fast-drying solvent specifically formulated for the efficient and quick cleaning of electronic components. These electronic cleaning solvents are also used for cleaning relays, switches, terminal plugs, relays, circuit breakers, alarms, connectors, and many more. Solvent cleaning can be required at any point throughout the production, repair, and servicing in the electronics industry.

For several decades, chlorinated solvents such as CFCs chlorofluorocarbons, methylene chloride dominated the electronic cleaning solvents market. However, environmental concerns specifically ozone depletion potential, resulted in CFCs being phased out and have been replaced by a more diverse range of electronic cleaning solvents in the market. Broadly three types of electronic cleaning solvents are available flammable and non-flammable solvent cleaners and non-flammable fluorinated solvent cleaners.

The electronics industry mainly uses cleaning solvents containing modified alcohols, non-halogenated hydrocarbons or hydrofluorethers (HFEs). HFEs were developed as a substitute to the formerly preferred chlorofluorocarbons (CFCs). Non-inflammable hydrofluorethers have relative properties to CFCs, but pose no risk to ozone, and have low greenhouse gas potential. This product offers physical properties that are in demand for the cleaning of electronics components, such as low viscosity, relatively high density and low surface tension. Increasing awareness regarding ozone depletion and its adverse impact on human health and environment, demanded for electronic cleaning solvents which does not contain HCFCs, HFCs, or HAPs.  Electronic cleaning solvents with low toxicity, non-ozone depleting and low global warming potential are likely to be high in demand due to its sustainability features.

 

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Electronic Cleaning Solvents: MarketDynamics

Rapidly growing electronic industry and industry convergence have made electronic devices as a necessary part of human life. Electronic industry has grown rapidly during the past few years and this trend is expected to continue in future which propels the demand for electronic cleaning solvents for production as well as maintenance work. Growth in digitalization and automation drives the demand for electronic industry, which in turn fuels the growth of electronic cleaning solvents.

In emerging economies of Asia, growing population, changing life style and rising disposable income are the key drivers for the growth of electronic industry, which indirectly supports the growth of electronic cleaning solvents market.

Modern and future electronics are becoming smaller and smaller and the necessity for high performance electronic products and reliability is stronger than ever. Therefore, cleanliness of the electronic assemblies is essential to achieve good insulation resistance. This become one of the major driving factor to create significant demand for electronic cleaning solvents over the forecast period. However, increasing use of water-based cleaners over solvent-based cleaners is one of the major factor that is expected to restrain the growth of electronic cleaning solvents market during the forecast period. Water-based cleaners have several advantages over solvent-based cleaners including very low toxicity, non-flammable properties, low/non-VOC (volatile organic content) and low odour. Even exposure of VOC can have health issues and adversely impact the environment.

 

Electronic Cleaning Solvents: MarketSegmentation

 

Based on product type, the global electronic cleaning solvents market is segmented into the following:

  • Petroleum distillates

  • Formulated Hydrocarbons

  • Glycols or modified alcohols

  • Brominated solvents

  • Fluorinated solvents

Based on cleaning process, the global electronic cleaning solvents market is segmented into the following:

  • Vacuum cleaning process

  • Vapour phase degreaser

  • Mixed co-solvent process

  • Separated co-solvent process

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Electronic Cleaning Solvents Market Participants

 

Examples of some of the market participants identified across the value chain of global electronic cleaning solvents market include:

  • A.W. Chesterton Company

  • Aervoe

  • ELECTROLUBE

  • Fujifilm NDT Systems

  • LPS Laboratories

  • 3M Company

  • Miller-Stephenson Chemical Co.

  • PERMATEX

  • CRC Industries, Inc.

Steering Column Control Modules Market Forecast Research Reports Offers Key Insights

Automobile design, operation, aesthetics and technology are continuously evolving and witnessing significant advancements. Previous designs and operations in automobiles included various switches for different purposes, which were simple in design but complex in operation. Especially, steering systems witnessed prominent advancements in past decade. Development of hybrid, electric and hydraulic steering are some of the examples. Integration of various operational switches for convenience in steering wheels and column is indeed a timely innovation, which can also be claimed as one amongst the important innovation in an automobile.

 

It was never thought that someone could come up with an idea of Steering Column Control Module (SCCM) where one can control the switches very comfortably with ease while driving. The safety and the ease of driving an automobile has increased considerably due to the installation of steering column control modules on the steering wheel of vehicles.

 

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The module which controls the switches “on” or “around/below” the steering wheel are known as the steering column control modules. Typically, there are many electromechanical systems installed on the steering wheels nowadays in automobiles. A Steering column control module is mounted on the steering column but it is placed below the steering wheel, this steering column module is the main network for all the systems surrounding it. The operating switches known as the stalk lever switches, are positioned to the right and the left sides of the steering column control modules. The stalk lever switches and the controls which are mounted on the steering wheel and systems i.e. (sound controls buttons, cruise controls, horns, Bluetooth and hands free calling buttons and air bags) are all connected with the other system through the Steering Column Control Module. Typical assembly components of steering column control module includes circuit board, connectors and electrical wire cables for interconnection between the systems. The features and controls which are provided in the steering column control module are also dependent the type of the automobile i.e. Passenger Cars, Commercial Vehicles, Transport vehicles etc. Introduction of new technologies, comfort features and active safety systems in vehicles is expected to drive steering column control modules market in near future.

 

Steering Column Control Modules Market dynamics:

 

The market of steering column control module has been marked with presence of established players. A challenging task in steering column control modules market is to manufacture these modules as the interconnection between many components and the systems in the steering assembly. The automotive manufacturers are heavily dependent on the providers of the steering system owing to their technological expertise. Steering column control module market is witnessing continuous development from its providers with new ideas and innovation.

 

Increasing safety of vehicle occupants and pedestrians is one of the prime concerns of automakers and many manufacturers are trying to develop steering column control modules so that safety and comfort features are enhanced to a much higher level. As per the current scenario, steering column control modules have become integral part of automobiles. The increasing standard of cabin comfort level has triggered utilization of requirement specific or custom made steering column control modules in great demand and this is expected to provide significant boost in the near future. The market for the steering column control modules is expected to provide significant opportunities to component providers, integrators and original equipment manufacturers across the globe.

 

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Steering Column Control Modules Market segmentation:

 

Steering Column Control Modules can be segmented by type of sales channel, by components position and automobile type.

By sales channel,Steering Column Control Modules Market can be segmented as:

  • Original equipment manufacturer

  • Aftermarket

By Component Position type, Steering Column Control Modules Market can be segmented as:

  • On the Steering Wheel (Sound Control, Airbags, etc.)

  • Around/Below the Steering Wheel (Stalk levers, i.e. Wiper control, Head light control etc.)

By Automobile type, Steering Column Control Modules Market can be segmented as:

  • Passenger cars

  • Commercial vehicles

  • Heavy Trucks and Busses

  • Off-road Vehicles

Steering Column Control Modules Market: Regional Outlook:

 

Steering Column Control Modules can be divided into seven different geographical regions/divisions such as North America, Latin America, Western and Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, Middle East and Africa. The demand for steering column control modules is significant in Asia Pacific followed by Europe and North America owing to automotive steady rates of production volumes and sales. Owing to lack of production facilities in Middle East and Africa and relatively low production of vehicles in Latin America, the market potential of steering column control module is low. The Asian giant countries like India and China which have significant sales and production of automobiles are expected to witnessmomentous growth in steering column control module market in the coming years.

 

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Steering Column Control Modules Market: Key Players:

  • ZF TRW

  • Leopold Kostal Gmbh & Co. KG

  • Delphi Automotive LLP

  • Ididit

  • Nexteer Automotive

  • Valeo

The research report on global steering column control module market 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 and applications.

Organic Drinks Market to Witness Steady Growth During the Forecast Period 2016-2026

Organic drinks are the drinks manufactured with fresh organic fruits or vegetables grown in the farms without any insecticide or pesticide contents in it. Organic drinks or juices offers optimum health benefits which when drink helps to absorb more nutrients. The cold pressure or high-pressure processing is a technology used for preserving fresh organic drinks, is widely adopted by most of the manufacturers. The shelf life is extended by this technology and also maintains the essential vitamins, enzymes, and minerals. The organic drinks are available in hot and cold forms, where coffee and organic teas in the hot category are popular. The younger generation is more sloped towards the organic functional drinks and organic ready-to-drinks. Besides, the consumer’s perception towards nutritional benefits of organic products is increasing day by day which boost the global organic drinks market.

 

The organic drinks market is driven majorly by the increasing demand for organic food consumption and its health benefits. The distribution channel is very aggressive, where online retailers share is maximum and thus drives the global organic drinks market. The support from the government for growing organic foods further pushes the global organic drinks market.

 

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However, the organic standards vary at country level which toughens the exports business, thus possess a challenging situation for global organic drinks market. Also, other factors such extreme weather conditions, poor availability of feedstock and organic land hampers the global organic drinks market.

The global organic drinks market is segmented on the basis of drink type, food source type, food preservation technology, and distribution channel.

Based on the drink type, the global organic drinks market is segmented into:

  • Hot Drinks

    • Organic Coffee

    • Organic Tea

    • Other organic hot drinks

  • Soft Drinks

Based on the organic food source type, global organic drinks market is segmented into:

  • Organic fruits

  • Organic vegetables

Based on the food preservation technology, global organic drinks market is segmented into:

  • High-Pressure Processing (HPP)

  • Pulsed electric field treatment (PEF)

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Based on the distribution channel the global organic fruits market is segmented into:

  • Wholesalers

  • Distributers

  • Retailers

  • Online retailers

The global organic drinks market is geographically divided into five key regions including North America, Latin America, Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA).North America holds largest organic market share. The demographic impact of trends such as concern for health and wellness is high, increased consumption of premium organic drinks etc. makes favorable growth scenario for organic drinks market. Followed by North America is Europe, especially the market for organic drinks is very promising in countries such as Germany, France, Sweden and Scotland where demand is comparatively high than other countries. The organic drinks market in Latin America, APAC and MEA holds wide prospectus for growth since the penetration of adoption of organic foods is increasing.

 

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Key Market Players

Some of the key players identified in the global organic drinks market are Purity Organic, Suja Life LLC, Grimmway Farms, Genesis, Parker’s Organic Juices Pty Ltd., The Better Drinks Co., Phoenix Organics, Smart Juice, Berrywhite, africaJUICE, KSY JUICE etc.

Gynecological Examination Chairs Market Poised for Steady Growth in the Future

Gynecological examination chairs are used for diagnosis and treatment procedures related to gynecology. The increasing gynecological procedure is fuelling the demand for gynecological examination chair. The chair is required for all gynecological procedures such as diagnosis of endometrial cancer, ovarian cancer, cervical cancer, vaginal cancer, menstrual disorders and pregnancy complications, hysterectomy procedures etc. From puberty to menopause women’s reproductive organ changes and undergo normal sexual activities, pregnancy and aging which creates a lot of changes in the reproductive system. These changes sometimes results into diseases and injury to which creates a requirement for developed and advanced treatment procedures. Gynecological examination chair provides easy access to reproductive system of women for diagnosis and treatment purposes. Introduction of advanced technology such as endoscopy techniques, endometrial ablation and other techniques that is used for treatment of gynecological problems are growing the need of gynecological examination chairs. Increasing investments by government for healthcare infrastructure is expected to rise the market. The product of gynecological examination chairs are produced under stringent quality control. It is important to satisfy European Medical Device Directive (MDD) requirements and should be clear U.S. FDA, CL mark and CE mark for sale in U.S. and Europe. Gynecological examination chairs are manufactured to satisfy patients comfort and being easy to clean to avoid contamination issues. The pads of the chairs are available in all color and material softness to suit all preferences and needs. The key focus towards the specification of product includes patients comfort and easy usage for the clinical procedures. There are many type of gynecological examination chair available in the market with integrated feature to use it also as a gynecological examination table.

 

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Gynecological Examination Chairs Market: Drivers and Restraints

 

The global gynecological examination chairs market is expected to be fueled by the advancement in medical technology. The key drivers of the market are the increasing cases of gynecological indications, growing aging population, increasing hospital numbers and awareness among population towards treatments and diagnosis for gynecological indications. The changing lifestyle and family history for gynecological indication is expected to fuel the market of gynecological examination chair. As per the Globocan report in 2012, it is estimated to have 528,000 new cases of cervical cancer globally and this number is expected to increase year on year.

 

Gynecological Examination Chairs Market: Segmentation

 

The gynecological examination chairs market is classified on the basis of product type, end user and geography.

Based on product type, the global gynecological examination chairs market is segmented into the following:

  • Non-electric Gynecological Examination Chairs

  • Electric Gynecological Examination Chairs

  • Hydraulic Gynecological Examination Chairs

Based on end user, the global gynecological examination chair market is segmented into the following:

  • Hospitals

  • Ambulatory Surgical Centers

  • Diagnostic Centers

  • Acute Care Centers

  • Clinics

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Gynecological Examination Chairs Market: Overview

The ongoing advancement of gynecological examination chairs is expected to drive the market of gynecological examination chairs. The chair allowed easy examination of women reproductive system for diagnosis and treatment procedures. Gynecological examination chairs are available with features including electric, adjustable, reversible trendelenburg, fixed height or adjustable height, hydraulic and mobile etc. The products height is either fixed based on the requirement or is adjusted based on the patient and practitioners requirement. The increasing number of gynecologist and prevalence of gynecological diseases is expected to rise the market of gynecological examination chairs market. The usage of electric and hydraulic gynecological examination chairs is expected to be used more as compared to non- electric gynecological examination chairs due to their advanced features.

 

Gynecological Examination Chairs Market: Regional Overview

 

Region wise, the global gynecological examination chairs market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to lead the market due to better healthcare infrastructure, good reimbursement scenarios, experienced practitioners and awareness among population for gynecological indications. Europe market is expected to hold second largest market share followed by APEJ and Japan due to increasing adoptance of the technology among the practitioners and rising awareness among the population.

 

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Market: Key Players

There are many companies who provides gynecological examination chair with different specifications and features. Some of the key players in global gynecological examination chairs market includes: Malvestio, Harbin Howell medical apparatus and intstrument co ltd, Inmoclinc S A, Medifa-Hesse AG, Oakworks medicals, Favero Heath Projects, Hidemar, Combed and others.

Market Intelligence Report Jumbo Bags, 2016-2026

Packaging is becoming an important aspect to protect and preserve the product from harmful rays, dust or moisture during the course of transportation. It plays an important role as primary packaging so that the product contaminate or react with any chemical. Moreover, secondary packaging plays a vital role during transportation of goods from one place to another without getting damage.  Jumbo bags is a type of primary and secondary packaging solution that is specifically designed for transportation and storage purpose. These jumbo bags are commonly known as FIBC (Flexible Intermediate Bulk Containers), bulk bags, big bags, container bags or flexible container. These bags are equipped with easy handling for transportation due to a wide variety of lifting options which includes cross corner loops, sleeve lift, hood lift, ancillary lift, double stevedore straps, single stevedore straps, etc. Moreover, these jumbo bags are ideal for manufacturer due to the wide variety of inlets and outlets that these jumbo bags possess. Some inlets are known as open top, spout top, duffle top and flap with spout top, whereas, some outlets are flat bottom, discharge spout and discharge spout with flap. These jumbo is primarily applicable for powder, liquid, granules, etc. Apart from regular bags, these bags can be custom designed as per the client requirement. It can be customized with PE coated lamination and UV resistant material in order to protect the product from moisture and harmful rays. Moreover, long lasting material of jumbo bags can be served as a printing option which provide good branding and advertising tool for the brand owners

 

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Jumbo Bags Market- Market Segmentation:

 

The global jumbo bags market is segmented on the basis of product type, material type and end use type. On the basis of product type, global jumbo bags market is segmented into regular jumbo bags, anti-static jumbo bags, conductive jumbo bags, dissipative jumbo bags and UN certified jumbo bags, wherein the use of UN certified bags is regulated by the UN Association (known as the orange book) as they are capable of carrying hazardous products. On the basis of material type, global Jumbo bags market is segmented into polypropylene (PP), polyethylene (PE) and semi-aromatic polyamides in which polypropylene is expected to account for a large market share in the global jumbo bags market. On the basis of end use, global jumbo bags market is segmented into food & agriculture, chemicals and petrochemicals, construction, minerals and ores, pharmaceuticals and others, wherein agriculture is expected to dominate the global jumbo bags market.

 

Jumbo Bags Market - Market Dynamics:

 

One of the significant factors towards the growth of global Jumbo bags market is the ease of transport and move bulk material from one place to another. Moreover, the manufacturers save huge in transport and storage cost as the usage of jumbo bags has been nullified the use of pallets and secondary packaging, therefore, this aspect is also expected to drive the growth of the jumbo bags market. Another substantial reason towards the growth jumbo bags market is the rise of industrialization and increasing exports & imports trade. Furthermore, another factor towards the growth of jumbo bags market is the reusability feature of jumbo bags, as these bags can be folded and kept when not in use which is not possible in case of conventional form of storage solution. Adding to this, the recyclable property of jumbo bags is expected to be another factor towards the growth of the jumbo bags market. However, the discharge of toxic waste from the manufacturing plants of jumbo bags and raw material is expected to hinder the growth of the jumbo bags market, as it is affecting the environment as well as the household those are residing around these plants. Moreover, the wide availability of conventional form of storage solution such as drums and containers is expected to obstruct the growth of the jumbo bags market. Furthermore, the manufacturer inclination towards the use of small sized sealable packaging solution is also expected a restraining factor towards the growth of the jumbo bags market.

 

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Jumbo Bags Market - Regional Outlook:

Geographically, the global Jumbo bags market is segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The global jumbo bags market is expected to witness a healthy CAGR over the forecast period of 2016-2024. North America is expected to account for largest market share in the global jumbo bags market due to its highest contribution in chemical and pharmaceutical industry. Moreover, agriculture sector in India and China is expected to account for more than half in the market share of global agriculture industry, therefore, Asia-Pacific is expected to be a lucrative region towards the growth of the global jumbo bags market.

 

Jumbo Bags Market - Major Players:

Some of the major players identified across the globe in the Jumbo bags market are Jumbo Bags Ltd., Gulf Plastic Industries SAOG, FBIC Vietnam, PINNACLE Packaging Industries LLC, Al-Tawfiq Company, FILLING & PACKING MATERIALS MFG.CO., BJJ PHOLSUWAN ENTERPRISE CO.,LTD., Virgo Polymer (India) Ltd., Berg Bag Company,LLC and KP Polypack International

 

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Automotive Seat Heater Market to Witness Steady Growth During the Forecast Period 2016-2026

Increasing disposable income combined with consumer changing lifestyle is what drives development in the automotive industry. Currently, advancements in automotive industry is characterized by many factors namely speed, mileage, interior and exterior design elegance and others. Among them one of the most prominent factors that adds value to the customers is comfort. Thus in order to improve comfort for the rider while travelling long distance, automotive seat heater is one of the preferred device by major OEM’s in four-wheel vehicles. Automotive seat heater is made from carbon fiber technology which easily fits at the bottom or back of the seat and can be easily integrated with cloth or leather covered seats.

 

Global Automotive Seat Heater Market: Dynamics

 

Increasing demand for comfort and energy efficiency in passenger cars and commercial vehicles is primarily driving the growth of global automotive seat heater market. The customer base having high net worth usually prefers cars with high comfort features which makes premium car manufacturers to target such customers with advanced comfort features.

 

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Integration of seat heaters with conventional glued fabric seat are some of the major challenges being faced by the aftermarket providers. Moreover, rising no of fire incidents in the seat due to seat heater coil is primarily decreasing consumer confidence towards adoption of automotive seat heaters. However, development in seat heater power supply and product material is expected to mitigate such effects in the near future. Technological advancements such as seat heater with short duration warming time usually (16-20 seconds) are also increasing the demands for seat heater in premium model vehicles. Moreover, declining cost combined with low penetration of automotive heat heaters in majority of vehicles is expected to create significant opportunity for new entrants in the global automotive seat heater market.

 

Global Automotive Seat Heater Market: Segmentation

 

The global automotive seat heater market can be segmented on the basis of sales channel, vehicle type, and region.

On the basis of sales channel, the global automotive seat heater market can be categorized as

  • OEM

  • Aftermarket

On the basis of vehicle type, the market can be segmented as

  • Passenger cars

    • Compact and mid-sized cars

    • Executive cars

    • Premium cars

  • Commercial vehicles

  • Heavy trucks and buses

The aftermarket segment hold the largest market installation share primarily due to self-installation feature, declining cost and availability of product for different models. 

 

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Global Automotive Seat Heater Market: Regional Outlook

North America, Western Europe, and Japan are the prominent market for automotive seat heater market. Due to low temperate conditions in most parts of the western countries the demand for automotive seat heater systems is increasing. Changing lifestyle along with increasing urbanization and purchasing power is anticipated to drive the Asia Pacific automotive seat heater market during the forecast period.

 

Global Automotive Seat Heater Market: Key Players

 

Some of the key players identified across the value chain in the global automotive seat heater market are: II-VI Marlow, Inc. , Gentherm , Panasonic Corporation, Changchun SET Electronics Co., Ltd., Kongsberg Automotive, Guangzhou Tachibana Electronic Co., Ltd., I.G. Bauerhin GmbH, Seat Comfort Systems, Activline, Champion Seat Systems (Automotive concepts), Langfang Golden Time Technology Development Co., Ltd. and Roadwire LLC.

 

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The companies are emphasizing on research and development and new product development in order to maintain the competitive advantage in global automotive seat heater market during the forecast period.  In order to meet the increasing demand for automotive seat heater, companies all over the world are looking to expand the product portfolio and increase the sales strategies. The companies are also focusing on different strategies in order to maintain the market share in the global automotive seat heater market.

Market Size of Endoscope Reprocessing Device, Forecast Report 2016-2026

Endoscope are important diagnostic tool and therapeutic tool in modern age. Endoscope reprocessing device are used for cleaning, sterilization and disinfection of an endoscope. Physician uses endoscope for number of time to diagnose and treat various disease. Endoscope are used on number of patients, after use it is contaminated with microorganism and it is necessary to clean it and make it microorganism free. To avoid risk of infection endoscope must be sterile before use. Endoscope are cleaned with special care and cleaned by a professional person. Proper technic and methods are performed to clean the endoscope. Design of endoscope are in such a way that it is reprocessed easily and properly. Flexible endoscope poses high level of microorganism, because they are used in various cavity of body for diagnosis. Each endoscope have been different type of cleaning and sterilization process, it is given by manufacturer on the label of the product. For cleaning, sterilisation and disinfection of endoscope and use of endoscope reprocessing device, one must follow the manufacturer’s direction and various standard organisation process to achieve the micro- organism free cleaning and to avoid the future complications.

 

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Endoscope Reprocessing Device Market: Drivers and Restraints

Endoscope reprocessing device market is expected to rise due to increase in the number of the endoscope surgical procedures and also rise in the hospital acquired infections. Apart from this, increased awareness about sterilization and disinfection and ageing population who are more prone to disorders and requires frequent medical check- ups, this positively impact endoscope reprocessing device market over the forecast period. However limitation in cleaning the endoscope such as heat sensitive material or chemical sensitive material, skilled and professional person are required to use the device to avoid future complications may hamper the growth of endoscope reprocessing device market over the forecast period.

 

Endoscope Reprocessing Device Market: Segmentation

 

Global endoscope reprocessing device market has been segmented on the basis of product type, modality, end user and region.

Based on the product type, the endoscope reprocessing device market is segmented into the following:

  • Ultrasonic washers

  • Pasteurizers

  • Washer-disinfectors

  • Sterilizers

  • Automated endoscope reprocessors (AERs)

    • Single basin automated endoscopic reprocessors

    • Double basin automated endoscopic reprocessors

Based on the modality, the endoscope reprocessing device market is segmented into the following:

  • Stand- alone endoscopic reprocessors

  • Bench top endoscopic reprocessors

Based on the end user, the endoscope reprocessing devicemarket is segmented into the following:

  • Hospital

    • 500 Bedded+

    • 250-499 Bedded

    • Less than 250

  • Ambulatory Surgical Centers

  • Specialty Clinics

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Endoscope Reprocessing Device Market: Overview

Endoscope reprocessing device market is changing continuously due to increase in the uses of endoscope in various disease and disorders. Furthermore several companies in the market place increasing their product portfolio in endoscope reprocessing device market may change the market dynamics over a given period of forecast. By product type segment such as automated endoscope reprocessors (AERs) in the global endoscope reprocessing device market are expected to grow in positive traction and success rate in cleaning endoscopes. Automated endoscope reprocessors (AERs) has two types i.e. single basin automated endoscopic reprocessors and double basin automated endoscopic reprocessors are like to show positive impact on the market. By modality, bench top endoscopic reprocessors are tend to show higher growth rate as they are easy to handle and can be move freely with less efforts. The bench top endoscopic reprocessors can perform at bedside of patient or in Operation Theater.

 

Endoscope Reprocessing Device Market: Region-wise Outlook

 

Geographically, endoscope reprocessing device market  is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America and Europe will remain key markets for endoscope reprocessing device market due to high number of the endoscope surgical procedures and strong presence of big players in the market. Asia Pacific is tend to show a positive growth owing to large number of patient pool, rising geriatric population and increased scope medical tourism.

 

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Endoscope Reprocessing Device Market: Key Players

Some of the key players in the Global endoscope reprocessing device market are STERIS Plc., Cilag GmbH International, Soluscope, ENDO-TECHNIK W.Griesat GmbH, Getinge AB, Wassenburg Medical B.V., Steelco S.p.A., MEDIVATORS Inc. (Cantel Medical Corp.), Johnson & Johnson and Minntech Corp.

Functional Water Market Growth and Forecast 2016-2026

Functional water is a non-alcoholic beverage, which is altered by adding additional ingredients, to offer health and other functional benefits. Most commonly used ingredients which are added to water, for transforming it to functional water includes vitamins, minerals, acids, herbs, and raw fruit or vegetables. Functional water contains additives which offer extra nutritional values, and also known as aquaceutical.

Functional water market is expanding rapidly owning to change in beverage consumption habits, preference has shifted from high sugar, carbonated beverages to functional and flavored water. Functional water market is expected to grow in the forecast period due to increasing demand from health conscious consumers.

 

Functional Water Market Segmentation:

Functional water market can be segmented on the basis distribution channel, packaging type and regions that constitute the key markets.

Functional water on the basis of distribution can be segmented into Hyper/Supermarket, grocery and departmental stores, convenience and drug stores and others (includes foodservice, vending and delivery). Grocery and departmental stores accounts for the highest share in sales of functional water, followed by other distribution channels. Functional water are also available in different specialty stores, which offer healthy food and beverage, but there are no exclusive stores for functional water.

 

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Functional water market can be further segmented on the basis of packaging which includes, functional PET bottled water, functional glass bottled water, and others (including flexible pouches and cans). Functional water mostly comes in PET bottles, which are highly recyclable and preferred by manufacturers. Functional glass bottle water is offered at higher price and account for significant share in total market value.  With the advancement of packaging technology, and increasing usage of recyclable packaging, PET bottles are preferably used by manufacturers, to supply Functional Water products to end-users.

 

Regional Outlook of Functional Water Market:

Geographically Functional water market can be segmented by regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), Middle East and Africa and Japan. Among all these regions, Western Europe market is expected to dominate the functional water market, in term of revenue, and also expected to expand at highest CAGR followed by North America. Asia-Pacific and Latin America functional water market is at nascent stage, but the region has potential to grow at higher pace as compared to other developed regions due to changing eating habits, and growing urban population and increasing disposable income of the huge middle class population.

 

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Functional Water Market Drivers:

The size of functional water market is increasing with respect to the growth of non-alcoholic beverage market and due to maturity of soft drinks market. Consumer’s increasing preference for healthy variant, and preference for high nutritional drinks is expected to drive the functional water market. Functional water has the potential to become one of the major non-alcoholic beverage due to its high vitamin, mineral and extra-oxygen properties. Functional water offer healthy hydration while offering refreshment and health benefits to consumer. Health conscious consumers are expected to result in demand pull effect for the functional water products. Functional water market is not just driven due to increasing health concerns, but major brands are also looking forward to offer functional water with additional skin benefits, which is expected to support the growth of functional water market.

 

Major manufacturers of functional water are expected to offer various products, which are natural, contains vitamin C, botanicals and antioxidants, which and target exclusive market for such products.

 

Functional Water Market Key Players:

Functional Water market is moderately concentrated with number of major players holding high share and domestic players offering functional water in the local market. Leading players in functional water market are Dr Pepper Snapple Group Inc., Nestle S.A., PepsiCo, The Coca-Cola Company, Groupe Danone, Hint Water, New York Spring Water, Balance Water Company and Sunny Delight Beverages Company.

 

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Oil Field Drill Bits Market Industry Analysis, Trend and Growth, 2016-2026

Oil and gas are the most important resources of energy and has been backbone of society. Drilling is the primary tool used for extraction of oil and gas from earth crust, it also used for environmental monitoring, remediation, and scientific studies of earth’s substances.

 

Drill bits are used to make cylindrical holes or crush or cut rocks to extract hydrocarbon resources, with application of high frequency vibration and hydraulic pressure. Drill bits are made up of various material such as Tungsten, Carbide, and Diamond among others. There are however many variations in the design of drill-bits, and the bit selected for a particular application will depend on the type of formation to be drilled. On the basic of types, drill bits can be classified as roller cone cutter bits and fixed cutter bits. Roller cone drills bit are most common type of bit used for oil and gas drilling across the globe. Roller cone drills bit by cutting or fracturing the formation with tooth shaped element, while fixed cutter bit is made-up of very hard material such as synthetic or natural diamond for scraping or grinding of rock by rotary action. Roller cone bits are used for drilling of conventional wells and therefore accounts for maximum share of the global drill bits market. However the discovery of unconventional shale gas reserves is expected to create potential opportunity for growth of fixed cutter bits market, this is mainly because of fixed cutter bits offers enhanced rate of production (ROP) and durability during the unconventional drilling for shale gas.

 

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Oil field Drill Bits Market Dynamics

Drilling is one of the most expensive operations in oil and gas industry. According to the American Petroleum Institute, total U.S. oil and gas drilling and exploration was accounted for US$ 45.2 Bn in 1990.  Expenditure for drilling was accounted for US$ 10.9 Bn which were concentration mostly in exploration and development of oil well. The global drill bits (well) market is closely associated with production and consumption pattern of petroleum products, increasing number of exploration activities is a key driver to augment demand for drill bits. Global drill bits market is highly dependent on factors such as technological advancement with respect to design and regional regulatory policies for the explorations and production activities. However, sustainability of the market is majorly depends on the price and supply of raw materials, and product development.

 

Oil field Drill Bits Market: Market Segmentation

Based on types, the global Oil field Drill Bits Market can be segmented as follow as;

  • Fixed Cutter Bits

    • Polycrystalline Diamond Bits

    • Natural Diamond Bits

  • Roller Cone Cutter Bits

    • Milled-tooth Bits

    • Tungsten Carbide Inserts

Based on application, the global oil field drill bits Market can be segmented as follow as;

  • On Shore Drilling

  • Off Shore Drilling

Based on geographies, the global drill bits can be segmented as follow as;

  • North America

  • Latin America

  • Asia Pacific Excluding Japan (APEJ)

  • Western Europe

  • Eastern Europe

  • Japan

  • Middle East and Africa (MEA)

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Oil field Drill Bits Market Regional Outlook

Oil and gas resources has geographically distributed, and the oil field drill bits market is highly dependent on oil and gas exploration activities. North America has extensively engaged in shale gas exploration and expected to emerge as most attractive segment over the forecast period. While Argentina, China and Algeria has significant resources of shale gas and expected to create an opportunity for growth of drill bits market. Middle East and Asia Pacific has continuously engaged in conventional oil and gas exploration activities, demand for drill bits in these region is expected to witness steady growth over the forecast period.

 

Oil field Drill Bits Market Key Players

Some of the key players in global Drill Bits (Well) Market are as follow as;

  • Halliburton

  • Schlumberger Limited

  • National Oilwell Varco

  • Varel International, Inc.

  • Rockpecker

  • Tercel Oilfield Products Limited

  • Palmer Bit Co.

  • Ulterra

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 and geographies.

 

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