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The EEG Devices Market To Be Swept By Inorganic Growth (M&A, Partnerships, Joint Ventures, Etc.)

Persistence Market Research presents its latest offering entitled “EEG Devices Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

The use of electroencephalography (EEG) devices is gathering momentum around the world, owing to its proven clinical advantages over other brain imaging techniques for the diagnosis of various neurological disorders. Electroencephalography devices are the most promising devices used to measure and record electrical activities in the brain, which helps in the diagnosis of epilepsy, Parkinson’s disease, Alzheimer’s disease, and other neurological disorders.

Increase in the demand for high-quality EEG devices along with advances in technology have amplified the success of electroencephalography devices for the diagnosis of brain disorders. Electroencephalography devices have gained clinical significance on basis of their performance, such as measuring cognitive functions and seizure diagnosis through ambulatory EEG.

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Companies covered in Eeg Devices Market Report

  • Cadwell Laboratories Inc.
  • Nihon Kohden Corporation
  • Compumedics Limited
  • Natus Medical Incorporated
  • Neurosoft Ltd
  • Elekta AB
  • Electrical Geodesics Inc
  • NeuroWave Systems  Inc
  • EB Neuro S.p.A

High temporal resolution, low hardware cost, and powerful diagnostic tool for recording brain activity are factors that are surging the electroencephalography devices market. Moreover, high incidence of Alzheimer’s disease, epilepsy, dementia, multiple sclerosis, Parkinson’s disease, and stroke are factors expected to drive the electroencephalography market further through 2030.

The global electroencephalography devices market was valued at US$ 1.2 Bn in 2019, and is expected to exhibit a CAGR of nearly 7% during the forecast period (2020–2030).

Key Takeaways of Electroencephalography Devices Market Study

  • 32 Channel EEG has emerged as the largest segment by product, representing 25.9% of revenue share in the EEG devices market. This is attributed to technological advancements and high adoption by healthcare professionals.
  • The portable devices segment is expected to exhibit the highest CAGR during the forecast period. Major factor contributing to its growth is increasing focus of manufacturers on technological advancements such as portability, lightweight, and simultaneous raw data acquisition. Also, the rising demand for portable devices for clinical practice and outdoor investigation is projected to surge the segment even more over the coming years.
  • Diagnostic centers accounted for a major revenue share of 61%, owing to growing awareness regarding neurodegenerative disorders. This rising awareness among people leads to the demand for advanced EEG products for disease diagnosis and prevention.
  • Cumulatively, North America and Europe contribute more than 70% share in the global EEG devices market, with North America holding a noteworthy market share, and expected to progress at a CAGR of more than 7% during the forecast period.
  • Rising prevalence of various sleep and neurodegenerative disorders and accessibility to insurance are major factors contributing to this regional growth. Moreover, the presence of highly developed healthcare infrastructure and strong distribution and sales network of leading vendors in this region are anticipated to drive growth further.

“The global electroencephalography devices market increases in parallel with the increasing population suffering from neurological disorders. New technological developments in EEG devices with a wider range of applications, such as critical monitoring in neuro intensive care units, first aid assistance, and early diagnosis of neurodegenerative diseases, are propelling market growth,” says a PMR analyst.

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Acquisitions – Strategic Focus of EEG Device Manufacturers

Various players in the EEG devices market space are focusing on inorganic growth strategies such as acquisitions and partnerships. These activities have played a vital role in the expansion of business and customer base of market players.

For example, October 2018 Lifelines Neurodiagnostic Systems, Inc., a provider of neurodiagnostic equipment and services, completed the acquisition of Incereb Ltd. This acquisition is anticipated to help increase its market presence in developing markets and expand its product portfolio. These winning strategies by leading players are also being followed by regional and local players.

Impact of COVID-19 on Electroencephalography Devices Market

The outbreak of COVID-19 is having a dual impact on the EEG devices market. On the positive side, the demand for these devices rises from hospitals and clinics to monitor neurology-related complications in COVID-19 patients. However, factors such as disruption of the medical supply chain, halted productions, and limited workforce are playing adversaries to market growth.

For instance, The Nihon Kohden Group has production sites in Japan, the U.S., China, India, and Italy, and has temporarily suspended operations at most of these sites, but continues operating R&D and sales offices in Japan. Other major market players are in a similar state. Nevertheless, the demand for these devices amid such critical times and the need to provide effective treatment will overcome the aforementioned restraints.

More Valuable Insights on Electroencephalography (EEG) Devices Market

Persistence Market Research brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2030.

The global electroencephalography devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on the EEG devices market on the basis of product (21 Channel EEG, 25 Channel EEG, 32 Channel EEG, 40 Channel EEG, 8 Channel EEG, and Multi-Channel EEG), modality (portable devices, standalone (fixed devices), and end user (hospitals and diagnostic centers), across seven major regions.

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Key Players In Endoscopes Market To Go On “New Product Launch” Spree To Gain A Competitive Edge

Persistence Market Research presents its latest offering entitled “Endoscopes Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

Endoscopes are gaining significant demand for arthroscopy, bronchoscopy, colonoscopy, and cystoscopy procedures. The shift toward minimally-invasive surgeries compared to open surgeries is likely to increase demand for endoscopes. Key stakeholders are introducing capsule endoscopes, robot-assisted endoscopes, and disposable endoscopes to overcome few drawbacks of conventional endoscopes.

For instance, in July 2015, Medrobotics Corporation received FDA clearance for its Flex® Robotic System for sale in the United States. Also, international medical device manufactures are concentrating on entering the capsule and robot-assisted endoscopes market. For example, Medtronic now holds a leading market share in the capsule endoscopes market after its acquisition of Given Imaging Ltd.

The global endoscopes market was valued at US$ 11.8 Bn in 2019, and is expected to witness a CAGR of 6% during the forecast period (2020–2030).

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Companies covered in Endoscopes Market Report

  • Medtronic Plc.
  • Olympus Corporation
  • KARL STORZ SE & Co. KG
  • Johnson & Johnson
  • Fujifilm Holdings Corporation
  • Richard Wolf GmbH
  • Braun Melsungen Ag
  • Stryker Corporation
  • PENTAX Medical
  • CONMED Corporation
  • Boston Scientific Corporation
  • Smith & Nephew PLC

Key Takeaways of Endoscopes Market Study

  • Flexible endoscopes occupied nearly 60% of value share in the endoscopes market in 2019, owing to increasing adoption over rigid endoscopes. Flexible endoscopes provide better safety, greater efficacy, and better accessibility to internal organs as compared to rigid endoscopes.
  • Gastrointestinal (GI) endoscopy accounted for the highest value share in the global endoscopes market, on the back of increasing annual gastrointestinal and colonoscopy procedures.
  • Bronchoscopy registered the highest growth rate owing to rising number of respiratory disorders and introduction of new endoscopy products for bronchoscopy.
  • Reusable endoscopes accounted for more than three-fourth of the value share in global endoscopes market. Moreover, the disposable segment registered a higher growth rate as compared to the reusable segment, with the growing demand for procedure-specific endoscopes and benefits of sterilization cost reduction.
  • Hospitals hold a major share in the global endoscopes market, owing to large-scale adoption of endoscopic surgeries and favorable reimbursement policies for patients who visit hospitals as compared to outpatient centers.
  • North America holds a prominent revenue share in the global endoscopes market, as a higher number of endoscopic surgeries as performed each year in the country.

“Growing gastrointestinal and colorectal cancer cases and higher acceptance of minimally-invasive procedures are likely to pace up market growth. Demand for endoscopes will continue to pick pace with the introduction of new technologies for accurate visualization,” says a PMR analyst.

COVID-19 Impact on Endoscopes Market

The COVID-19 outbreak is asserting players in the endoscope market to restructure their working methods to suit drastic market changes. With governments implementing strict norms on physical movements and emphasis on social distancing, production is being significantly affected. Furthermore, shortage of manpower and travel restrictions are disrupting the supply chain, thereby affecting the overall workflow of the market. However, endoscopes, being an essential commodity in the healthcare industry, are likely to overcome these shortcomings caused by the pandemic.

On the back of persistent demand for endoscopes from healthcare institutions to detect cardiovascular diseases – which continue to cause a significant number of deaths all over the globe – the endoscopes market is likely to mitigate heavy damage. On this premise, Cook Medical, a prominent endoscopes manufacturer, stated that, it’s keeping production running with the available workforce and ensuring that the supply of essential devices is unhindered.

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Product Portfolio Expansion and Distribution Partnerships – Key Strategies of Leading Manufacturers

Endoscope manufacturers are focusing on product portfolio expansion through partnerships and new product launches. For instance, in May 2018, FUJIFILM Holdings Corporation launched the EB-530P Slim Video Bronchoscope and Radial Probe EBUS System (PB2020-M).

Moreover, manufacturers are moving toward distribution agreements and partnerships to expand their presence in the global market. For example, in June 2018, CapsoVision announced a U.S. distribution partnership with Pentax Medical for capsule endoscopy solutions – CapsoCam Plus and CapsoCloud – across the country.

More Valuable Insights on Endoscopes Market

Persistence Market Research offers a unique perspective and actionable insights on endoscopes in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030, on the basis of product (rigid endoscopes, flexible endoscopes, capsule endoscopes, and robot-assisted endoscopes), application (gastrointestinal (GI) endoscopy, laparoscopy, arthroscopy, obstetrics/gynecology endoscopy, urology endoscopy (cystoscopy), ENT endoscopy, bronchoscopy, mediastinoscopy, and others), usability (reusable and disposable), and end user (hospitals, ambulatory surgery centers, and specialty clinics), across seven major regions.

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Address – 305 Broadway, 7th FloorNew York City,
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Growing Sales Of To Drive The Animal Drug Compounding Market

Persistence Market Research presents its latest offering entitled “Animal Drug Compounding Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

Global demand for animal drug compounding is expected to significantly increase, owing to the unavailability of FDA-approved animal drugs. Compounded prescriptions for animal species are considered to be significantly higher than those for branded prescription drugs.

For instance, in 2017, the U.S. FDA estimated that, 75,000 pharmacies in the U.S. fill 6,350,000 animal compounding prescriptions.

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Company Profiles 

  • Hoye’s Pharmacy
  • Vertisis Custom Pharmacy
  • Smith Caldwell Drug Store
  • Sixth Avenue Medical Pharmacy
  • Dougherty’s Pharmacy
  • Triangle Compounding Pharmacy Inc.
  • Medisca Inc.
  • Wedgewood Pharmacy
  • Millers Pharmacy
  • Chiron Compounding Pharmacy
  • MEDS Canadian Compounding Pharmacy
  • Aurora Compounding
  • Pace Pharmacy
  • Victoria Compounding Pharmacy
  • Pratt’s Compounding Pharmacy
  • People’s Choice Pharmacy

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Persistence Market Research predicts that, the global animal drug compounding market would be valued at US$ 1.5 Bn in 2019, and will expand at an 8% CAGR over the forecast period (2019-2029).

Key Takeaways of Animal Drug Compounding Market Study

Hormonal drugs, manipulating the emotions and moods of pets, are expected to gain traction during the forecast period.

Increasing adoption of companion animals is expected to contribute to significant dominance of the segment during the forecast period.

Orally formulation of drugs is expected to hold more than 80% of the global animal drug compounding market share by the end of 2029.

In terms of formulation, the injectable segment is expected to grow 1.6X by the end of 2029.

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Leading medical & pharmaceutical companies are collaborating with small compounding solution providers, hospitals, and research facilities to strengthen their market position.

North America is expected to dominate the global animal drug compounding market, owing to increasing adoption of compounded medication with alternate dosage forms and added flavors.

“Unavailability of generic medications for animals in desired dosage forms is pushing the production of compounded drugs, thus driving the growth of the animal drug compounding market during the forecast period”, says a PMR analyst.

CNS Drugs Dominating Animal Drug Compounding Market

Central nervous system inflammation is the most common cause of neurological disorders in dogs and cats. Abnormal limb coordination, seizures, behavioural changes, and blindness are cited as the most common abnormalities in dogs and cats with central nervous system inflammation.

For instance, according to the International Journal of Pharmaceutical Compounding, central nervous system drugs were the most commonly dispensed medications from animal drug compounding pharmacies with approximately 39% of the total veterinary prescriptions.

What Does the Report Cover?

Persistence Market Research offers a unique perspective and actionable insights on the animal drug compounding market in its latest study, presenting historical demand assessment from 2014-2018 and projections from 2019-2029, on the basis of product type (CNS agents, anti-infective agents, hormones and substitutes, anti-inflammatory agents, others), animal type (companion animals and livestock), formulation (oral, injectable, and others), across seven key regions.

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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
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Extensive Research Driving The Multiplex Detection Immunoassay Market

Persistence Market Research presents its latest offering entitled “Multiplex Detection Immunoassay Market” with focus revolving around the main driving factor – growth in Upcoming years. Also, the report throws light on the factors restraining the market, with insights pertaining to the future. The key participants could come of age with both – drivers and constraints on the platter.

The global multiplex detection immunoassay market is set to be valued at over US$ 2 Bn by 2019 end, with the market expected to exhibit a healthy CAGR during the forecast period (2019 – 2029). Rapid, low sample consumption, and cost-effective are features offered by lab-on-chip technology, which is propelling the multiplex detection immunoassay market to new heights.

Several multiplex detection immunoassay products with lab-on-chip technology are currently available in the market for quantitative test of thyroid disorders. For instance, 3D microfluidic chips are used in multiplex bioassays for environmental, clinical and biomedical applications.

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Company Profiles

  • Bio-Rad Laboratories Inc.
  • Thermo Fisher Scientific
  • EMD Millipore (Merck KGaA.
  • Becton, Dickinson and Company.
  • Microsynth AG
  • Quansys Biosciences Inc
  • QIAGEN N.V.
  • F. Hoffmann-La Roche Ltd.
  • Danaher Corporation.
  • Luminex Corporation

Key Takeaways – Multiplex Detection Immunoassay Market Study

  • Minimum quantification and reduced overall reaction time are expected to boost the demand for planar-based multiplex detection immunoassay 2X during the forecast period
  • Among the technique type, protein-based is anticipated to hold large chunk of the multiplex detection immunoassay market
  • Owing to increasing focus on disease predisposition and drug efficacy studies, research and development is expected to gain significant market share in the multiplex detection immunoassay market
  • North America is expected to be significant revenue generator in the multiplex detection immunoassay market owing to emergence of several regional market players and well-developed healthcare infrastructure
  • In terms of end user, pharmaceutical companies are expected to dominate the multiplex detection immunoassay market in terms of revenue

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Increasing adoption of multiplex detection immunoassay over conventional ELISA as well as technological advancement such as second generation multiplex immunoassay have boosted growth of the multiplex detection immunoassay market.

Increasing Focus on Nanoarrays to Spur Multiplex Detection Immunoassay Market Growth

One of the key factors observed to impact the multiplex detection immunoassay market growth is the development of new and innovative arrays such as Nano arrays. During the last few years, planar-based multiplex detection immunoassay has emerged as a preferred method for clinical diagnosis as well as food contamination detection.

The significant development in nanosciences has taken nano multiplex detection immunoassay arrays to next level, representing ultra-miniaturized version of conventional microarray.

With the development of advanced nano array technology, drug screening process has become more rapid and time effective. These nanoarrays are also being used in the field of proteomics, as these require small amount of sample.

For instance, BioForce Nanosciences launched BioForce NanoArray on which 1,500 different analytes can be measured. Thus, the development of nano multiplex detection immunoassay arrays are anticipated to favor growth of the multiplex detection immunoassay market.

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Know More About the Report

The multiplex detection immunoassay market, a new study from Persistence Market Research, provides unparalleled insights on evolution of the multiplex detection immunoassay market during 2014 – 2018 and presents demand projections during 2019 – 2029 on the basis of assay type (planar assay, and bead-based assay), technique (nucleic acid-based technique, protein-based technique, and biosensor-based technique), application (disease testing, food contamination testing, research and development, and veterinary disease testing), and end user (pharmaceutical companies, clinical research organizations, food & beverage companies, academic research institutes, diagnostic centers, and biotechnology companies) across prominent regions ( North America, Latin America, Europe, South Asia, East Asia, Oceania and MEA).

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Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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Persistence Market Research
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Commercial Refrigeration Equipment Market By Size | Growth | Analysis | Trends And Forecasts 2026

Commercial refrigeration equipment are used in restaurants, supermarkets, convenience stores, etc. New technologies and regulations are leading to the development of commercial refrigeration with energy efficiency that has a very low impact on the environment. Self-contained and remote condensing, among these, food service establishments are increasingly using commercial refrigeration equipment that are self-contained.

Because the self-contained refrigerators have a system combined into a single physical unit. Meanwhile, refrigerators that are remote condensed are witnessing increased demand from the supermarket.

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As refrigeration systems used by grocery stores and stores are expensive. Moreover, in case of sudden breakdown, there is a considerable risk to the inventory. Hence, companies are working on introducing eco-friendly refrigeration system with the feature to save power, thereby, saving the cost on initial investment and power.

Energy management strategies by food-service providers and supermarkets are resulting in the purchase of energy star products. Hence, manufacturers are also focusing on introducing new technologies in commercial refrigeration equipment to minimize the energy consumed by the equipment.

Anti-short cycling, automatic temperature control and automated defrost are some of the features being included in the commercial refrigeration equipment. Moreover, refrigerator equipment replacement and retrofit are also taking place on a large scale in the global commercial refrigeration equipment market.

As per the study by Persistence Market Research (PMR), the global market for commercial refrigeration equipment is anticipated to see a steady growth during 2017-2026. The global commercial refrigeration equipment market is also likely to exceed the value of US$ 45,000 Million revenue by 2026 end. 2017-2026.

Refrigerator and Freezer to Witness Highest Sales in the Global Market for Commercial Refrigeration Equipment

Based on the product type, refrigerator and freezer are likely to account for the highest sales during the forecast period. By 2026 end, refrigerator and freezer are projected to surpass US$ 13,000 Million in terms of revenue.

On the basis of application, commercial refrigeration equipment is anticipated to find the largest application in food service. Towards the end of 2026, food service is projected to reach close to US$ 14,000 Million revenue. Meanwhile, food and beverage retail is also likely to witness an impressive growth in the global commercial refrigeration equipment market.

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North America to Witness the Highest Growth in the Global Market for Commercial Refrigeration Equipment

Between 2017 and 2026, North America followed by Asia Pacific Excluding China (APEC) is likely to witness significant growth, North America by the end of 2026 is projected to exceed US$ 12,000 Million in terms of value.

The commercial refrigeration industry in North America sees CO2 as a mainstream technology in refrigeration. Manufacturers of commercial refrigeration equipment in the U.S. are involved in some type of CO2 project. Moreover, the biggest reason behind choosing CO2 is to achieve the corporate sustainability goal. Meanwhile, increasing development of retail stores and supermarkets in Asia Pacific is also driving the demand for commercial refrigeration equipment.

Company Profiles

  • Standex International Corporation
  • Lennox International Inc.
  • Daikin Industries, Ltd.
  • Illinois Tool Works Inc.
  • AHT Cooling Systems GmbH
  • Whirlpool Corporation
  • United Technologies Corporation
  • Manitowoc Company, Inc.
  • Panasonic Corporation
  • Qingdao Haier Co. Ltd.
  • Fujimak Corporation
  • Hoshizaki Corporation
  • Electrolux AB
  • Dover Corporation
  • Ingersoll-Rand PLC

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Bauxite Mining Market By Competitors, Type, Product, Region And Application 2026

PMR has released a new market study on “Bauxite Mining Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026”, which does a deep dive analysis of the global Bauxite Mining market for the next eight years. The report evaluates all key macroeconomic factors. The report on Bauxite Mining market also discusses the dynamics in the global Bauxite Mining market and also analyses the latest trends and opportunities across the value chain of the Bauxite Mining market.

The global Bauxite Mining market is estimated to have been valued at US$ 12,423.8 Mn in 2018 and is projected to grow at a value CAGR of 6.6% and reach a value of US$ 20,661.9 Mn by the end of 2026. Moreover, the global market is anticipated to create total incremental $ opportunity of US$ 8,238.1 Mn between 2018 & 2026.

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Bauxite Mining Market: Overview

Bauxite is a rock with high aluminum content. It is the primary ore from which aluminum is extracted. Bauxite is one of the most abundant elements on earth. It contains nearly 25%-30% of alumina. Bauxite is generally found in the belt around the equator.

It occurs mostly in tropical & subtropical regions, in horizontal layers beneath a few meters of the overburden. Bauxite is a mixture of aluminum hydroxides, clay minerals, hydrous aluminum oxides and insoluble materials, such as hematite, magnetite, quartz, goethite and siderite. Aluminum minerals in Bauxite include gibbsite Al(OH)3, diaspore, AlO(OH) and boehmite AlO(OH).

Furthermore, in the global market of Bauxite Mining, some of the top Bauxite Mining countries are Australia, China, Guinea, Brazil & India. These countries are the top 5 Bauxite Mining countries and held 86.2% share in the total production of Bauxite globally in 2017. Similarly, the top 5 Bauxite consuming countries are China, Brazil, Australia, India & Russia. These countries held 81% share in total Bauxite consumption in 2017.

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Bauxite Mining Market: Dynamics Influencing Growth

The global primary aluminum production increased by 5.8% in 2017. The outlook for the aluminum industry continues to be positive in spite of the ongoing political uncertainty due to various political stances, such as import tariffs by the U.S. on aluminum, Brexit and concerns that China, as the world’s leading producer of aluminium and its semi-finished products, might increase its exports to the European markets.

Bauxite is the key aluminium containing ore with more than 35% to 40% of aluminium content. Thus, due to increasing primary aluminum production, demand for Bauxite is expected to rise significantly in future.

However, Bauxite Mining has a direct impact on nature and surroundings. Air pollution, water pollution and soil & food contamination are the major after-effects of Bauxite Mining.

Bauxite Mining Market: Forecast

By region, China is projected to dominate the Bauxite Mining market in terms of consumption. Moreover, China is the world’s largest producer of aluminium products across the globe. This also makes the region the most important consumer of Bauxite and alumina, both of which are required for the manufacturing of aluminium products. The country is projected to grow at a prominent CAGR of 6.4% during the forecast period and is also expected to maintain its dominance throughout the forecast period.

By application, in terms of value & volume both, the production of alumina segment is expected to dominate the global Bauxite Mining market throughout the projected period. The alumina application segment in the Bauxite Mining market is projected to create incremental $ opportunity worth US$ 7,845.5 Mn between 2018 & 2026

Company Profiles

  • Alcoa Corporation
  • Rio Tinto Plc
  • National Aluminium Company Limited
  • Australian Bauxite Ltd.
  • Gujarat Mineral Development Corporation Ltd.
  • Norsk Hydro ASA
  • Metro Mining Ltd
  • ASHAPURA GROUP OF INDUSTRIES
  • The Aluminium Corporation of China
  • United Company Rusal PLC.

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Aminic Antioxidants Market By : Complete Analysis Of Key Players, Growth Rate, Opportunities, Challenges 2026

PMR delivers key insights on the global aminic antioxidants market in its revised report titled ‘Aminic Antioxidants Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026’. The long-term outlook on the global aminic antioxidants market is anticipated to remain positive with the market value expected to increase at a CAGR of 2.7% over the forecast period. On the basis of product type, diphenylamine is expected to remain a widely utilized aminic antioxidant throughout the forecast period.

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The consumption of aminic antioxidants around the globe is estimated to reach a value of US$ 1,500.4 Mn by the end of 2018, witnessing 2.6% Year-on-Year growth over 2017. Asia-Pacific, spearheaded by China, is anticipated to account for a significant share in the aminic antioxidants during over the forecast period. The South East Asia & Other APAC region is expected to grow at an above-average rate in the global aminic antioxidants market in the coming years.

Aminic Antioxidants Market: Factors Influencing Growth

Increasing preference of aminic antioxidants as alternatives for zinc dialkyldiphosphates is found to be a key factor assisting the aminic antioxidants market growth. Over the past few years, zinc dialkyldiphosphates have been utilized as additives in engine oil and lubricating oil, owing to their anti-oxidation and anti-wear properties.

However, in the recent past, various environmental regulations have enforced the reduction of phosphorous content in engine oils, which necessitates an increase in the level of aminic antioxidants in order to make up for the loss of ZDDP’s anti-oxidation capability.

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Instability in raw material supply and cost pressure are translating to an increase in the price of aminic antioxidants. In the recent past, raw material prices have witnessed an upward trend, along with the energy costs, which in turn has been affecting the overall cost of aminic antioxidants.

Investments in research and development activities in order to improve production processes and expansion of production capacities for aminic antioxidants are found to be the key trends identified in the aminic antioxidants market around the globe. For instance, recently, Songwon and BASF invested in the expansion of the production facilities for aminic antioxidants, particularly in Asia-Pacific.

Aminic Antioxidants Market: Forecast

Among the segments by product type, market insights suggest that the butyl/octyl diphenylamine segment is expected to account for a significant share of the overall diphenylamine in the global aminic antioxidants market.

The diphenylamine segment is pegged to be followed by phenyl-alpha-napthylamine and phenylene diamine segments. Diphenylamine possesses various advantages, which include suitability for inducing stabilization in automotive formulations such as automatic transmission fluids (ATF), passenger car motor oil, diesel engine oils and gear oils and excellent oxidation inhibition properties.

The China aminic antioxidants market is expected to register high consumption during the forecast period and is also expected to remain a high value market. The South East Asia and Other APAC region is expected to witness an above-average CAGR in the global aminic antioxidants market. In terms of market value, the top 5 countries in the global aminic antioxidants market are expected to create more than 3/5th of the overall incremental opportunity during the forecast period.

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Aminic Antioxidants Market: Competitive Landscape

Some of the market participants included in the report on the aminic antioxidants market are

  • Songwon
  • BASF SE
  • LANXESS
  • Addivant
  • Emerald Performance Materials LLC
  • Dorf Ketal
  • King Industries, Inc.
  • Jiyi Chemical Co., Ltd.
  • The Lubrizol Corporation
  • SOLTEX
  • Double Bond Chemical Ind., Co., Ltd.
  • Yasho Industries
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The Infrared Thermometers Market to go for substantiation in the next decade

Technical enhancements have introduced, infrared thermometer, which is capable of measuring the radiation emitted by a body, or an object. These thermometers are used for measuring ear, forehead etc. A new research report introduced by the team of Persistence Market Research, involves analysis of global infrared thermometer market. The report, titled ‘Infrared Thermometer Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026’ is based on future market forecast and factors influencing the market growth.

The outcomes of this exhaustive research process reveals that the global infrared thermometer market is expected to reach a market value of over US$ 1 Bn by the end of 2026, growing at a CAGR of 8.5% during the forecast period.

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Company Profile

  • Welch Allyn – A Hill-Rom Inc. Company
  • Exergen
  • Geratherm Medical AG
  • Thermomedics, Inc. (A subsidiary of PositiveID Corporation)
  • Microlife Corporation
  • PAUL HARTMANN AG
  • BPL Medical Technologies
  • Contec Medical Systems Co., Ltd.
  • Cardinal Health (Medtronic)
  • OMRON Corporation
  • Braun GmbH

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Infrared Thermometers Market: Overview

The global infrared thermometers market witnesses the maximum impact of increasing investments on the healthcare industry and also the various technological advancements that are taking place. This has given a birth to the infrared thermometer device and its market, which is taken ahead by the capabilities of the device. Infrared thermometers are said to provide more accurate results than the conventional thermometers.

The market is expected to gain high popularity in the coming years as more and more people will depend on the technology. It has found its application in areas like medical and veterinary industry, among which the application is currently higher in medical sector.

According to the research report, medical industry is expected to hold a market value of over US$ 620 Mn by the end of 2026. However, the future shows proliferating demand from the veterinary sector which is expected to grow at a CAGR of 8.8% during the forecast period. The market also includes different types of thermometers like forehead, ear and multifunctional.

Among these, larger part of the market is covered with the demand for forehead thermometers. It is said to be safer as compared to ear thermometers. Though forehead thermometer has high cost as compared to ear and multifunction thermometer, still people adopt forehead thermometer due to its accuracy and low rate of infection.

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Infrared Thermometers Market: Competitive Landscape

The report covers a brief view of all the leading manufacturers for infrared thermometers. In the medical sector, leading providers of infrared thermometers are Braun, Contec, Omron, Hartmann, Microlife, Vivehealth etc. In the veterinary sector, the leading players are Bioseb, Mediaid, iSnow Med, Greatfarm etc. The research report has briefly depicted the market presence of such companies in the coming years and also their marketing strategies. The leading companies that are a part of tier 1, has contributed a market value of over US$ 380 Mn in 2017, whereas tier 2 companies are lagging behind and have contributed only 49% revenue in the global market.

Co-commercialization and distribution agreements are the common marketing and distribution strategies adopted by these key players in the global Infrared Thermometers market. The coming years will showcase new strategies adopted by the companies amid intensified competition.

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The Feminine Hygiene Product Market to witness promulgation between 2020 and 2030

According to the latest market report published by Persistence Market Research, titled ‘Global Feminine Hygiene Products Market’: Industry Analysis 2013-2017 and Opportunity Assessment 2018-2026. The global feminine hygiene products market is expected to expand at a CAGR of 6.9% during the forecast period 2018-2026. The global feminine hygiene products market, forecasted to be worth US$ 38,706.7 Mn by 2026 end, and is expected to increase at a CAGR of 6.9% throughout forecast period.

The report has categorically been divided into three sections namely by product type, distribution channel, and region. On the basis of product type, the global feminine hygiene market has been segmented into sanitary napkins/pads, tampons, panty liners, menstrual cup, and feminine hygiene wash. On the basis of distribution channel, the global feminine hygiene market has been segmented into supermarket, convenience stores, department stores, retail pharmacies, and online purchase.

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Company Profiles

  • Lil-lets UK Limited
  • Edgewell Personal Care
  • Ontex
  • Sanofi
  • Johnson & Johnson
  • Svenska Cellulosa Aktiebolaget SCA
  • Unicharm Corporation
  • Procter and Gamble
  • Diva International Inc.
  • Kimberly-Clark Corporation

Key Questions Answered in Market Report:

  • What will the market size be in 2027 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

In terms of revenue, others product type segment-consisting of sanitary napkins/pads is projected to remain dominant. Among all distribution channel retail pharmacies segment is the most dominant segment for feminine hygiene products market which is then followed by supermarket segment. Online purchase segment is projected lucrative growth forecast period with CAGR of 8.0%. Europe is the contributing third largest revenue share in the feminine hygiene products market and expected to grow at decent CAGR of 7.4% over the forecast period.

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On the basis of region, the market has been segmented into North America, Latin America, Europe, Asia Pacific, China and Middle East and Africa. North America is the fourth largest market, and is expected to increase at over 5.1% CAGR during the forecast period. Asia-Pacific is the dominating market place for feminine hygiene products Market and projected to grow with CAGR of 7.6% to reach US$ 11552.8Mn by 2026.

Increasing awareness and high adoption of feminine hygiene products in developing countries are expected to drive demand for feminine hygiene products during the forecast period. Factors such as easy availability and affordable prices of such products are expected to drive revenue growth of the global feminine hygiene market during the forecast period.

The global feminine hygiene market is fragmented in nature, with prevalence of oligopolistic competition among renowned brands. Established players are focused on manufacturing innovative feminine hygiene products in developed and developing countries to increase revenue generation.

Market participants covered in the report include Kimberley – Clark Corporation, Procter & Gamble, Unicharm Corporation, Svenska Cellulosa Aktiebolaget SCA, Johnson & Johnson, Lil-lets UK Limited, Sanofi, Ontex, Egdewell Personal Care, and Diva Cup. These companies are primarily focused on enhancing their product portfolio through research and development and introducing new cost-effective products, in order to strengthen its position in the global market.

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The global feminine hygiene products market is segmented as follows:

By Product Type

  • Sanitary Napkins/Pads
  • Tampons
  • Panty liners
  • Menstrual Cup
  • Feminine Hygiene Wash

By End User

  • Supermarket
  • Convenience Stores
  • Department Stores
  • Retail Pharmacies
  • Online Purchase

By Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • China
  • Middle East & Africa

About Us

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping business ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

 

Contact Us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]

 

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The Non Invasive Prenatal Testing Nipt Market to stay consistent between 2020 and 2030

Advancing the prenatal care services provided across the globe has become an uphill battle for medical practitioners and drugmakers. Fortunately, this struggle is being eased by active participation of parents from all around the world in protecting the health of their soon-to-be-born babies through prenatal disease detection methods.

Noninvasive prenatal testing (NIPT) procedures are, hence, being rapidly adopted, which is prompting healthcare service providers to increase their focus on such prenatal diagnosis & screening services. Persistence Market Research recently published its study on the global market for noninvasive prenatal testing, which projects the market to bring in US$ 1,447.2 Mn revenues by the end of 2024.

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Company Profiles

  • Ariosa Diagnostics, Inc.
  • Berry Genomics Co. Ltd.
  • BGI Diagnostics
  • Illumina, Inc.
  • LifeCodexx AG
  • Natera, Inc.
  • Sequenom Laboratories
  • Quest Diagnostics, Inc.

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At present, Persistence Market Research values the global noninvasive prenatal testing market at just over US$ 665 Mn, and expects the market to incur revenue growth at an impressive 10.2% CAGR. According to the report, titled “Noninvasive Prenatal Testing Market: Global Industry Analysis and Forecast, 2016-2024,” the global demand for noninvasive prenatal testing will keep surging on the account of rising innovations in prenatal screening products.

Growing presence of ADHD disorders among young adults is also triggering the adoption of noninvasive prenatal testing. Moreover, the demand for noninvasive prenatal tests is expected to grow as a majority of young adults are being introduced to generic medications. Nevertheless, stringent usage regulations and records of drug abuse are expected to curb the growing adoption of noninvasive prenatal testing to some extent.

Some of the prominent companies providing noninvasive prenatal testing in the world are identified as, Ariosa Diagnostics, Inc., BGI Diagnosis Co. Ltd., Berry Genomics Corporation, Illumina, Inc., LifeCodexx AG, Natera, Inc., Sequenom, Inc., Quest Diagnostic Incorporated, and Laboratory Corporation of America Holdings. A majority of these companies are based in the US, which is why North America is projected to procure an average 60% of global NIPT revenues through 2024.

The demand for noninvasive prenatal testing will also be more in Asia-Pacific, and the region’s NIPT market is looking at an opportune US$ 18 Mn increment in 2017 over 2016. Europe’s noninvasive prenatal testing revenues, on the other hand, will also grow aggressively – registering a 10% CAGR during the forecast period.

The report reveals that a considerable share of global NIPT revenues will be derived from higher preference to panel 1 test type. Adoption of panel 1 noninvasive prenatal testing has been projected to rise, bringing in over US$ 850 Mn revenues by the end of 2024.

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On the hand, global revenues from panel 2 tests are anticipated to soar at a healthy CAGR of 9.7%. Correspondingly, hospitals will remain the largest end-users of noninvasive prenatal testing throughout the forecast period. In the due course of this period, hospitals will not only account for half of global NIPT market value, but will also exhibit revenue growth at highest CAGR of 11.1%.

Global Noninvasive Prenatal Testing Market – Key Trends

  • Impact of changing lifestyles: Urban livelihood and rising per capita income of individuals has propelled the occurrence of high-risk pregnancies. Unhealthy habits such as smoking, drinking and working around the clock has given rise to complications in maternal and neonatal outcomes.
  • Advanced maternal age: Occurrence of women in their late 30s giving birth for the first time has increased. To avoid birth defects and consider the advanced age of mother, doctors are also promoting the adoption of noninvasive prenatal screening.
  • Classification as “LDT”: More healthcare & pharmaceutical companies are entering the global NIPT market as these tests have been tagged as “lab-developed tests” by the FDA.

About Us

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping business ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

 

Contact Us:

Persistence Market Research

Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]