Sleep Apnea Devices Market Research 2020-2025 Report by Growth Factors, Drivers by Top Manufacturers, Upcoming Trends

Sleep Apnea Devices Market is expected to display higher growth rate over the next seven years. Rapid surge in the sleep apnea devices industry is credited to increasing life expectancy and ever-growing geriatric population. In addition, growing prevalence of sleeping disorders among aging population is expected to drive the growth of sleep apnea devices market over the forecast period.

 

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The key driving factors responsible for the growth of Sleep Apnea Devices market :

 

Elderly population is increasingly prone towards sleeping disorders because of comorbidities associated with apnea. Globally, the sleep apnea devices industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.

 

Factors responsible for the robust market growth include rise in level of arousal frequency and variations in sleep architecture that contribute to the fatigue experienced by patients. Rise in the level of arousal frequency and variations in sleep architecture leads to OSA, which is further responsible for the reduction in the size of upper airway lumen. This leads predominant in aging population. Above-mentioned factors are significantly contributing to the market growth of sleep apnea devices over the coming years.

 

Increasing awareness among general population coupled with increasing need for efficient diagnosis and treatment of apnea, are key factors prompting industry expansion in the past few years. Recent technological advancement in the healthcare sector catering to patient safety and comfort is predicted to amplify device usage rates, particularly in the developed economies across the globe. Apnea is commonly identified as a disease that arises when the body and brain obtain limited amount of oxygen and breathing procedure is disturbed while sleeping. Obstructive Sleep Apnea (OSA) is common type of apnea that is caused by airway blockage.

 

The sleep apnea devices market is broadly categorized into four major segments based on the product type such as actigraphy systems, polysomnography (PSG) device, respiratory polygraphs and single-channel screening devices pulse oximeters. The actigraphy systems segment is growing rapidly in the sleep apnea devices industry with substantial revenue generation in the last few years. Growing popularity of the actigraphy systems segment is attributed to the cost effectiveness and easy availability of the product.

 

The sleep apnea devices market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in healthcare sector, surge in number of research & development activities in the region and existence of well-established medical infrastructure.

 

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Newborn Screening Market Research 2020-2025 Report by Trends, Growth, Share, Size and Driving Factors

Newborn Screening Market is anticipated to grow significantly in the forecast period due to increasing need for the detection of metabolic, genetic, and developmental disorders in infants. Newborn screening is the test conducted for infants shortly after their birth. Early detection and treatment reduces or prevents the risk of physical and intellectual disabilities, and also life threatening disorders in infants.

 

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The key driving factors responsible for the growth of Newborn Screening market :

 

The test is generally undertaken by national or state government bodies and is divided into three parts, namely blood test, hearing test, and CCHD (critical congenital heart disease) screen. For blood test, few blood drops are taken from the infant’s heels and is sent to the lab for analysis. For hearing test, either a tiny microphone or earpiece in the baby’s ear, or electrodes are placed on the infant’s head while it is asleep or quiet. In CCHD screening, a tiny soft sensor attached with oximeter machine is placed on the infant’s skin. This machine measures the infant’s oxygen level in the hands and foot.

 

Major factors attributing to the growth of the newborn screening market include increasing government initiatives towards baby health and public health benefits in the developed economies, availability of laboratory sciences and enhanced technologies, increasing investment or innovations in the domain, growing cases of neonatal disorders among infants, and increasing awareness for hereditary disorders in babies. However, strict regulations in few economies that delay hospitalization and low availability of technologically enhancement in tests and instruments are hampering the newborn screening industry growth.

 

Increasing government support to the manufacturers for the development of fresh screening tests that comply with the regulations is trending in the newborn screening market. Increasing government regulations for better infant health is an opportunity for the industry players to improve their industry presence and expand product portfolio.

 

ArcherDX, one of the leading players is predicted to expand its product portfolio with screening tests for the identification of genetic variants drivers associated to various disorders like cystic fibrosis, fragile X syndrome, and spinal muscular atrophy. The player has acquired Baby Genes, the genetic personalized medicine laboratory, which will run under ArcherDX Clinical Services. The acquisition will include Baby Gene’s genetics laboratory, in Golden, Colorado, and the infant screening panel that investigates above 100 genes. The player will also continue to rule the current newborn and carrier screening solutions with Baby Genes brand.

 

The major players operating in the domain include Trivitron Healthcare, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Masimo Corporation, Bio-Rad Laboratories, PerkinElmer Inc., General Electric Healthcare, Natus Medical Incorporated, and Waters Corporation.

 

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Drilling Fluids Market Research 2020-2025 Report by Share, Trend, Global Industry Size, Price, Future Analysis

Drilling Fluids Market is projected to witness an incremental growth by 2025, exhibiting a CAGR of 3.7% during the forecast period of 2018 to 2025. Rapid surge in the product demand is credited to the rising number of drilling activities across the globe and shifting trend towards oil exploration. As a whole, the drilling fluid market is estimated to generate significant revenue during the forecast period, thereby offering numerous opportunities for investors to speed up research & development activities.

 

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The key driving factors responsible for the growth of Drilling Fluids market :

 

Robust growth in oil & gas industry, particularly among developed economies is expected to drive the drilling fluids industry growth during the forecast period. In addition, offshore decommissioning services is expected to gain momentum in European & Middle-East region based on rising number of decommissioning projects in North Sea area, thus contributing to the rampant demand for drilling fluids. Moreover, adoption of advanced drilling techniques coupled with high-end productivity are expected to foster drilling fluids market growth in the upcoming years.

 

However, lowered cost of crude oil and massive slump in the drilling activities are some of the key challenges for market expansion, in the last few years. These factors are also expected to hamper overall productivity and operating profitability of upstream or exploration and production companies across the globe. Rise in the number of manufactures that are incorporating the cost-effective into their mass-market models is expected to pave a way for future market developments.

 

On May 2018, Ingevity has unveiled its brand new EnvaMulTM emulsifier product line of drilling fluids. EnvaMul emulsifiers are increasingly used for oil-based muds in drilling applications where cost is the primary driver. Availability of low cost solutions from Ingevity is expected to drive more customers towards the end of forecast period. The EnvaMul line of emulsifiers helps to limit fluid loss and improves rheology, electrical stability and solids control in a variety of mud systems.

 

The manufacturers of drilling fluids include Schlumberger Ltd., Halliburton Inc., Baker Hughes Inc., Newpark Resources Inc., National Oilwell Varco, Inc., Scomi Group Bhd, TETRA Technologies, Inc., Canadian Energy Services & Technology Corp., GEO Drilling Fluids, Inc., and Anchor Drilling Fluids USA, Inc.

 

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Digital Pathology Market Research 2020-2025 Report by Overview, Growth, Economics, Demand

Digital Pathology Market is predicted to witness substantial growth in the coming years due to increasing need to improve the existing diagnostics imaging measures and reduce the cost of traditional diagnostics. Digital pathology is a powerful image-based environment for data acquisition and interpretation of examined data obtained from the slide. It is majorly used in healthcare applications and life sciences.

 

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The key driving factors responsible for the growth of Digital Pathology market :

 

Currently, digital pathology is indispensable to gain a wide popularity since it greatly assists the healthcare professionals in diagnosis and treatment, specifically supports the education domain, used widely in research and development of large number of drugs, and also it is an important tool for human laboratory practice on the global scale. It delivers improved analysis that helps physicians and experts in decision making, speedy access to emergency cases, and data storage for future predictive analysis, offers live zooming option with multiple angle views, enable team annotation for slides, and reduce errors or misidentification.

 

The key drivers of the digital pathology market include increasing awareness of digital pathology across the globe and growing adoption, rising technological enhancement in the analysis software, increasing prevalence of cancer, high efficiency of pathological assessment, increased workload of pathologists, and delivery of superior results. However, strict regulations and significant cost of the systems are few restraining factors in the digital pathology industry.

 

Increasing focus on improving the efficiency of workflow and adoption of quicker diagnostic tools for chronic disorders is trending in the digital pathology market. Nonetheless, digital pathology has several advantages over the traditional techniques, which is expected to offer lucrative opportunity for various applications.

 

With an aim of improving digital pathology services, Neuberg Diagnostics, a prominent player in the industry merged with OptraSCAN Inc. US, for the introduction of ‘Neuberg DIGIPATH by OptraSCAN Inc’. With a highly proficient team based in UAE, India, and South Africa, this venture offers solution for digitized tissue slides and tele-pathology demanded by medical institutes, hospitals, and the physicians.

 

Moreover, since the digital pathology domain is gaining momentum in India, the associated instruments are significantly priced, making it difficult for the customers to purchase. But the services offered by this merger are predicted to support pathologists and private hospitals in terms of better-quality scanner, telepathology software platform, image management tools, along with Neuberg’s histopathology network.

 

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Concrete Floor Coatings Market Research 2020-2025 Report by Future Scope, Size Estimation, Revenue, Pricing Trends, Regional Outlook

Concrete Floor Coatings Market is anticipated to witness a healthy CAGR during the forecast period. Floor coating protects concrete floors from wear and tear and abrasions. The increase in sales of concrete floor coatings is supported by the major growth in R&D activities, exquisite planning regarding construction in the developed regions; switching to organized structure in the developing regions. In addition, rising awareness about the security provided by coatings from thermal shocks and chemical attacks in a cost-effective manner has led to its increasing demand.

 

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The key driving factors responsible for the growth of Concrete Floor Coatings market :

 

However, rising demand for epoxy resin in the production of sealants and adhesives on account of its low cure shrinkage and high-water resistance is likely to hamper concrete floor coatings market. Asia-Pacific is one of the prominent regions in the concrete floor coatings industry and will continue to account for a large share in the global arena throughout the forecast period, due to growing population accompanied by rapid development of construction business in China and India.

 

Many global companies in the concrete floor coating market have been focusing on launching newer products and differentiating them by presenting a new coating technique to support their market position. BASF and Sika are major manufacturers in concrete floor coatings industry, and presence across numerous stages of the industry ecosystem supports them in achieving competitive benefit in the business. Furthermore, the product manufacturers are involved in extensive R&D in order to progress products from bio-based raw materials. This benefit claims promising future development opportunities for the market.

 

Florock Polymer launched two new products comprising Floropoxy 4900 V and Floropoxy in April 2015, which are designed for offering high-performance protection for vertical and horizontal applications. The company used nanotechnology that resulted in ensuring potential and convenience savings to customers.

 

Leading players operating in the concrete floor coatings market include PPG Industries Inc.; Tennant Company; Behr Process Corporation; Pratt & Lambert Paints; DuPont; BASF SE; The Sherwin-William Company; Stonehard; General Polymers; and Royal DSM N.V. The top companies are involved in mergers and acquisitions, partnerships, and joint ventures in order to increase the inorganic growth of the industry.

 

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Thermoplastic Polyurethane (TPU) Films Market Research 2020-2025 Report by Trending Key Players, Trends, Share and Industry Size

Thermoplastic Polyurethane (TPU) Films Market is estimated to develop ata substantial CAGR for the duration of the prediction. Growing infiltration of high-performance films in a number of automobile uses has motivated the development of the business during the latest years.

 

These films are the category of polyurethane plastics by means of a number of excellent possessions, for example transparency, greater elasticity along with the confrontation to abrasion, oil, and grease. They are speedily becoming the preferred material for leisure sports merchandises due to their excellent gas penetrability. In addition, they likewise propose exceptional shield for leisure sports merchandises in diverse climatic circumstances. The subdivision of style and shoes have likewise created profitable openings for the business.

 

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The key driving factors responsible for the growth of Thermoplastic Polyurethane (TPU) Films market :

 

The businesses like Medicinal, Furniture, Energy and leisure are some additional major end users. The speedy development of these businesses has produced numerous potential opportunities for manufacturers. For medical and the other applications where materials are recycled, polyether centered TPU film is the finest select, particularly when sterility is a worry. Medicinal is additional most important end user of these merchandises.

 

The thermoplastic polyurethane films market on the source of Type of Application could span Aerospace, Energy, Railways, Furniture, Leisure & Sports, Automobile and Building & Construction. The subdivision of Aerospace is projected to appear as the speedily developing sector by the completion of prediction period. TPU films are extensively utilized for the jacketing of aircraft wire & cable, seat cushions, exteriors of armrest, covers, and casings of TV, etc.

 

Speedily increasing air travel segment through the developing markets due to technical progression along with augmented capability of expenditure of the customers would add considerably to the demand above the prediction period. They likewise grasp the prospective of substituting conservative metallic and plastics constituents in the sector of airplane.

 

The subdivision of Energy is additional speedily developing sector of application. The subdivision is certainly inclined by the increasing admiration of the generation of renewable energy. Increasing sum of wind power and solar power fixings have directed to augmented demand for solar panels uses and windmill blades to deliver an exceptional surface fortification.

 

The sub division of Automobile was the leading sector during the past year by means of capacity. Thermoplastic Polyurethane (TPU) Films are utilized in seats, door panels anti-vibration boards, auditory boards, instrument panels, airbags, etc.

 

Speedy development of the automobile manufacturing through BRICS nations would keep on an important motivating issue. Furthermore, increasing demand for fuel- effective and lightweight passenger cars between customers and growing government backing are approximately additional reasons motivating the development.

 

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Stainless Steel Market Research 2020-2025 Report by Trends, Growth, Share, Size and Driving Factors

Stainless Steel Market is estimated to develop at a substantial CAGR for the duration of the prediction. The market is mainly motivated by demand from subdivision of application for example heavy industries, building & construction, and the consumer goods. Increasing funding for substructure development combined with the positive strategies by the government in developing nations is expected to power the demand for stainless steel. Demand for erosion resilient material having greater stretchy power, expected surely influence the international demand.

 

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The key driving factors responsible for the growth of Stainless Steel market :

 

The stainless steel market on the source of Type of Application could span Consumer Goods, Heavy Industry, Transportation & Automobile, Building & Construction, and Others. The subdivision of Transportation & Automobile is responsible for maximum stake of the income in the stainless steel market. The beneficial possessions of steel, for example mechanical strong point, confrontation to wear & tear, growing demand for automobiles are projected to motivate the business above the prediction period.

 

Increasing ingestion of stainless steel in consumer goods for example stoves, cookware and showpieces, is expected to increase the demand above the prediction period. Furthermore, growing inclination for use of alloys in consumer goods, is estimated to motivate the manufacturing of stainless steel.

 

The stainless steel on the source of Type of Grade could span Duplex Series, 400 Series [410,416], 300 Series [303,304,316], 200 Series. The alloy of Cr-Ni, better known as 300 series, was responsible for maximum stake of the international capacity, during the past year. The 300 series grade displays great confrontation to temperature as compare to the 200 series. This is estimated to motivate the demand above the prediction period.

 

Grander possessions of Duplex series, for example great strong point, little heaviness, and great confrontation to erosion, mainly pressure erosion cracking, are estimated to motivate the demand above the prediction period. The stainless steel on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America [U.S.A], Europe [France, Germany, U.K.], China, Asia Pacific {Except China} [India, Japan], Central & South America [Brazil], Middle East & Africa.

 

By the source of geography, the Europe was responsible for maximum stake of the entire capacity of international business during the past year. Growing division of construction in France, the U.K., and Germany likely to fuel the demand above the prediction period. Increasing demand for end user merchandises, expected to take an optimistic influence on the development of the market. Existence of most important companies in this area is likewise motivating the development of the European market.

 

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Intelligent Virtual Assistant Market Research 2020-2025 Report by Size, Share, Revenue, Drivers, Trends and Influence Factors

Intelligent Virtual Assistant Market was valued USD 1005.2 million in 2016 and is anticipated to grow at a CAGR of 36.7% during forecast period as the scope and its applications are rising enormously across the globe. Intelligent virtual assistants (IVA) are also termed, as a smart virtual assistant or intelligent personal assistant is a software that interacts with humans by understanding natural language voice commands and perform a task for a user. It understands information in written or spoken words.

 

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The key driving factors responsible for the growth of Intelligent Virtual Assistant market :

 

The factors that are playing a major role in the growth of intelligent virtual assistant industry are high demand for online self-service and self-reliance, cost-efficient service, rising use of smartphones, high demand for intelligent virtual assistant software in large enterprises and rising technological innovations. However, lack of knowledge may restrain overall market growth in the years to come. IVA market is segmented based on type, service, application, end-user, and region.

 

Text-to-speech recognition and speech recognition are the types that are explored in intelligent virtual assistant (IVA) industry. Speech recognition sector accounted for the substantial market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. Also, the sector is estimated to grow at highest CAGR in the years to come. The reason could be high demand among consumers as it makes easier to interact with smartphone and its application.

 

Based on service type, marketing assistant, customer service, and others classify intelligent virtual assistant market. Marketing assistant sector accounted for the significant market share of intelligent virtual assistant and is estimated to lead overall market in the years to come.

 

The IVA industry is categorized based on applications like education, BFSI, healthcare, automotive, retail, IT & telecom, and others. BFSI sector accounted for substantial market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. The reason could be it saves time and is easy to use. Also, automotive sector is estimated to grow at the fastest pace in the years to come.

 

Based on end-users, intelligent virtual assistant market is classified into individual user, small and medium enterprise (SME), large enterprise, and others. Large enterprises sector accounted for the significant market share of intelligent virtual assistant and is estimated to lead overall market in the years to come. Also, small and medium enterprise (SME) sector is estimated to grow at the fastest pace in the years to come.

 

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Gold Nanoparticles Market Research 2020-2025 Report by Share, Trend, Global Industry Size, Price, Future Analysis

Gold Nanoparticles Market is estimated to develop at a substantial CAGR for the duration of the prediction. The business is expected to witness sizeable development due to progressions in the arena of nanotechnology, together with increasing necessities of metal nanoparticles in various end-use businesses.

 

Growing demand for diagnostics and therapeutics, those centered on nanotechnology, in the medicinal arena, is projected to improve the development of the gold nanoparticles business above the prediction period. Yet, the market could be controlled due to stringent criteria and guiding principle for production, sales, and treatment of nanomaterials by worldwide organizations; for example Nanomaterials Registry, International Organization for Standardization [ISO], and National Institute of Standards.

 

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The key driving factors responsible for the growth of Gold Nanoparticles market :

 

Furthermore, a number of FDA guidelines regarding nanotechnology merchandises and their security checking are projected to confine the progress of the subdivision of gold nanoparticles in subsequent a small number of years. The gold nanoparticles market on the source of Type of Application could span Catalysis, Dentistry & Medicinal, Electronics, Probes, In-Vitro Assays, Targeted Drug Delivery, Sensors, Proton Therapy, Imaging, and Others.

 

The subdivision of Dentistry & Medicinal application was the biggest business during the past year. Growing application range of nanomaterials in medicinal imaging, diagnostics and therapeutics has been the leading factor motivating the demand for gold nanoparticles. Growing R&D expenditure for cancer directing nanoparticle expertise and drug delivery arrangements, projected to take an optimistic influence on the development of the market above the following years.

 

The subdivision of Electronics is projected to witness the uppermost CAGR above the period of prediction due to the growing demand for compact storage devices and growing nanotechnology practice in photovoltaic. The development of niche applications for example fruit & vegetable fortification and nanowires for biosensors, estimated to generate huge openings for the development of the market of gold nanoparticles above the succeeding a small number of years.

 

The gold nanoparticles market on the source of Type of End User could span Chemicals, Healthcare, Electronics, and additional end users. The gold nanoparticles on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America, Europe, Asia Pacific, and Rest of the World.

 

By the source of geography, North America was the principal end user during the past year. The industrialized budget, in the area, considered by huge funds in the activities of Research & Development by the specific nanotechnology companies and institution of higher education, combined with the development of medicinal diagnostics business. The Asia Pacific tracked North America by means of income.

 

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Contact Lenses Market Research 2020-2025 Report by Size, Share, Revenue, Business Growth, Demand and Applications

Contact Lenses Market is expected to reach USD 17.72 billion by 2025. A contact lens is a curved, lightweight, thin film of tears that is directly placed on cornea of the eye. It helps to correct refractive errors. Contact lenses industry is anticipated to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe.

 

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The key driving factors responsible for the growth of Contact Lenses market :

 

The factors that are playing a major role in the market growth of contact lenses are increasing geriatric populace, rising occurrence of myopia, and high preference for contact lenses over prescribed eyeglasses. However, presence of alternatives may restrain overall market growth in the years to come. Contact lenses market is segmented based on product type, material, color variation, application, distribution channel, and region.

 

Traditional, daily wear, and extended wear contact lens are the product types that are explored in contact lenses industry. Daily wear contact lens sector accounted for the substantial market share of contact lenses and is estimated to lead overall market in the years to come. The reason could be comfortable and lens cleaning is not necessary.

 

Polymethyl methacrylate (PMMA), silicone hydrogel, hybrid, hydrogel, and gas-permeable contact lens are the material types that are explored in the market. Silicone hydrogel accounted for the substantial market share of contact lenses. The reason could be rising demand from end-users.

 

Based on color variation, visibility tinted, opaque, and enhancers/tinted contact lens classify contact lenses market. Opaque sector accounted for the substantial market share of contact lenses and is estimated to lead overall market in the years to come. The reason could be its use as therapeutic and aesthetic purpose.

 

The contact lenses industry is categorized based on applications like decorative (plano), conventional, orthokeratology contact lens, and others. The conventional lenses sector accounted for the significant market share of contact lenses. The reason could be growing occurrence of myopia and rising use of contact lens over given eyeglasses.

 

Based on distribution channel, contact lens market is classified into e-commerce, retail stores, hospitals and clinics, and others. The retail stores sector accounted for the substantial market share of contact lenses and is estimated to continue its dominance in the years to come. The reason could be high demand for cosmetic lens and increasing disposable income. Also, hospitals and clinics sector is estimated to grow at the fastest pace in the years to come.

 

Globally, North America accounted for the substantial market share of contact lenses and is estimated to lead overall market in the years to come. The reason behind overall market growth could be rising number of eye-related diseases, growing geriatric population, developed healthcare infrastructure, rising disposable income, and technological enhancement in contact lens. The United States is a major consumer of contact lenses in this region. The reason could be rising healthcare expenditure.

 

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Patient Handling Equipment Market Research 2020-2025 Report by Drivers, Competitive Landscape, Future Plans and Trends

Patient Handling Equipment Market is anticipated to reach USD 23.4 billion by 2024. Patient handling devices are assistive devices that help the patients in nursing homes, hospitals and other medical centers in painless transfer between chair and beds and to other places.

 

The factors that propel the growth of the patient handling equipment market include increasing occurrence of disabilities resultant in non-communicable diseases, implementation of rules against the manual lifting of heavy loads, high risk of injuries, and increasing aged population. On the other hand, there are factors that may hamper the growth of the market including the lack of training provided to caregivers. Patient handling equipment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

 

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The key driving factors responsible for the growth of Patient Handling Equipment market :

 

Patient handling equipment market could be explored by product type, type of care, accessories, end user and geography. The market could be explored by product type as Scooters, Wheelchair, Medical Beds, Mechanical, Bathroom Safety, and Ambulatory. The “Medical Beds” segment led the market of patient handling equipment in 2016 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market includes rising saturation of handling equipment in-home care, trauma centers, hospitals, nursing homes, and long-term acute care centers.

 

Based on type of care, the patient handling equipment industry could span Critical Care, Bariatric Care, and Wound. The “Wound” segment led the industry of patient handling equipment in 2015 and is anticipated to maintain its dominance by 2024. The key factors that may be attributed to the growth of market includes rising occurrences of medical conditions such as acute, critical, and chronic wounds; burns; pressure ulcers; venous leg ulcers; diabetic ulcers; and postoperative injuries.

 

The patient handling equipment market could be explored based on accessories as Transfer, and Lifting. Based on end user, the market could span Hospital and Home. The “Hospital” segment led the market of patient handling equipment in 2015 and is anticipated to maintain its dominance by 2024. The key factors that may be attributed to the growth of market includes increasing acceptance rate of patient handling equipment for medical safety of caregivers and patients.

 

Europe accounted for the major share of the patient handling equipment industry in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include robust healthcare infrastructure, and government regulations mandating the use of patient handling. Europe is followed by the North American and Asia-Pacific region.

 

In addition, North America is anticipated to develop at the highest rate owing to government regulations mandating for the use of patient handling equipment and increasing incidences of non-communicable diseases leading to disability. The growth of the Asia-Pacific region is due to the rapidly growing patient handling industry.

 

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North America Phenolic Resin Market Research 2020-2025 Report by Growth Factors, Drivers by Top Manufacturers, Upcoming Trends

North America Phenolic Resin Market is expected to reach USD 4.20 billion by 2024 due to increase in applications for construction activities like laminates, wood adhesives and coatings. Phenolic resin are the synthetic polymers that are obtained from aldehydes and phenols. They have better mechanical and thermal stability, exceptional thermal & electrical insulating, excellent fire, smoke and low toxicity to be used for different applications.

 

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The key driving factors responsible for the growth of North America Phenolic Resin market :

 

North America phenolic resins market is witnessing growth owing to the factors like increasing use of corrosion resistant, heat resistant, and chemical resistant materials required in automobile, increasing need for fire resistant materials in building and construction industry and in thermal insulation products. Moreover, government regulations for building energy efficient buildings is expected to boost North America phenolic resin industry. The market is also driven by increasing demand for phenolic resin in aerospace, mass transit and marine segments.

 

However, unstable prices of raw materials is negatively affecting North America phenolic resin market. Economies around the world are focusing on the development of sustainable and green products, which allow bio-based products to gain traction and ultimately hamper the market growth. Since resols are widely used as adhesives, binders, and reinforcing agents, Mexico offers better opportunities for the growth.

 

North America phenolic resin industry is categorized on the basis of type, application, end user and geography. On the basis of type, the market is divided into novolac phenolic resin, resol phenolic resin and other phenolic resins. Resol phenolic resin segment is predicted to lead North America phenolic resins market due to extensive use in laminates and wood adhesives.

 

Based on application, North America phenolic resins industry is divided into laminate, wood adhesive, paper impregnation, molding compound, insulation coating and others. Owing to the progress in building & construction industry in Asia Pacific region, wood adhesive segment registers significant growth among others.

 

In terms of end user, North America phenolic resin market is split into electronics and electrical, transportation, furniture, construction, industrial and others. Owing to wide application, electrical and electronics segment is projected to hold larger market share of phenolic resin.

 

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Nanofibers Market Research 2020-2025 Report by Demand, Growth Rate, Trends and Opportunities

Nanofibers Market is expected to grow significantly in the forecast period owing to the growing commercialization due to developing end use industries. Nanofibers are materials used for wide range of applications like filtration, medical, barrier, wipes, composite, insulation, personal care, energy storage and garments. Nanofibers possess superior properties like excellent high porosity, and functional flexibility which makes them ideal for large number of applications.

 

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The key driving factors responsible for the growth of Nanofibers market :

 

Nanofibers industry is majorly driven by the factors like increasing application in air and liquid filters, developments in nanofibers production technology and growing demand from the electronics segment. Unique and excellent properties of nanofibers make them an ideal compound for multiple applications and hence, the market is witnessing huge investment for further development of nanofibers. However, nanofiber market is projected to face obstructions due to significant cost of nanofibers as compared to other traditional materials.

 

Moreover, nanofibers industry is expected to witness greater potential opportunities from the commercial and technological applications. The market is also expected to witness opportunities owing to its superior mechanical strength for bulk production.

 

Nanofibers market is categorized on the basis of type, technology, industry vertical and geography. Based on product type, the market is divided into polymer nanofibers, glass nanofibers, composite nanofibers, metallic nanofibers, carbon nanofibers and ceramic nanofibers. Polymer nanofibers segment is predicted to lead nanofiber industry owing to its wide application in textile industry.

 

On the basis of technology, nanofiber market is divided into force spinning, electro spinning, magneto spinning, phase separation, rotary jet spinning, and melt-blown technology. Electro spinning technology is the widely used technology for producing nanofibers on the large scale.

 

In terms of industry vertical, nanofibers industry is divided into textile, chemicals, power, healthcare, air & water treatment, etc. Healthcare industry is estimated to lead the market of nanofibers owing to its growing applications for therapeutic drugs.

 

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Metal Aerosol Can Market Research 2020-2025 Report by Outlook, Demand, Size Estimation and Upcoming Trend

Metal Aerosol Can Market is expected to reach USD 3.81 billion by 2024. The metal aerosol can is a storage equipment or container with excellent barrier properties for product integrity. They are exclusively used in several sectors from personal care to food & beverages. The metal aerosol cans market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.

 

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The key driving factors responsible for the growth of Metal Aerosol Can market :

 

The factors that are playing a major role in the growth of metal aerosol can market are rising demand from personal care, food & beverages, and pharmaceutical industry, prevention of leakage and extension of the shelf life of the products, growing urbanization, and growing demand from the consumers as changing lifestyle. However, these cans are prone to explosion when comes in contact with high temperature and fire and availability of alternatives in terms of packaging. These are the factors that may restrain overall market growth in the years to come. Metal aerosol can industry is segmented based on metal, usage, propellants, end user, and region.

 

Brass, aluminum, stainless steel, steel, and the other metals could be explored in a metal aerosol can in the forecast period. The aluminum sector accounted for the substantial market share of the metal aerosol can and is estimated to continue with its dominance in the years to come. Based on usage, disposable cans and refillable cans could classify metal aerosol can in the forecast period.

 

Compressed gases and liquefied gases are the propellants that could be explored in a metal aerosol can in the forecast period. The market could be categorized based on end users like chemical and paint industry, personal care, agriculture, pharmaceutical, food and beverages, and other industries that could be explored in the forecast period. In terms of value and volume, personal care sector accounted for the significant market share of the metal aerosol can and is estimated to lead the overall market in the years to come.

 

Globally, in terms of volume and revenue, Asia Pacific accounted for the substantial market share of the metal aerosol can and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be increasing industrialization and growing population. North America and Europe are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. The reason could be rising demand from personal care and pharmaceutical industry. However, Europe and Japan are estimated to grow at the moderate pace in the forecast period.

 

The key players of a metal aerosol cans market are Ardagh Group S.A., Crown Holdings, Inc., TUBEX Holding GmbH, Arnest Group, Nussbaum Matzingen AG, Alltub Italia S.R.L., Perfektup Amb.San.ve Tic.A.S., Plastipak Holdings, Inc., Ball Corporation, and RedalluminioSnc di Redaelli P. e C. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

 

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Hyper-Converged Infrastructure Market Research 2020-2025 Report by Drivers, Competitive Landscape, Future Plans and Trends

Hyper-Converged Infrastructure Market is anticipated to witness a higher CAGR in the near future. Hyper converged infrastructure is an emerging market that is projected to reach more than $13.96 billion by 2024. Adoption of HCI technologies by small and medium enterprises business category is likely to build a potential market in the near future.

 

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The key driving factors responsible for the growth of Hyper-Converged Infrastructure market :

 

Hyper-converged infrastructure market is driven by rising demand from several applications in IT that boosts the IT operating costs along with competency in IT infrastructure. Increase in necessity for managing the network resources is likely to boost the market growth. However, low flexibility and policy restrictions are some of the major hindrances for market development. Storage and infrastructural limitations are likely to disengage the mainstream market activities.

 

Hyper converged infrastructure market is segmented as hypervisor comprising KVM, Hyper-V and VMware. Application category involves server virtualization, robo, virtual desktop infrastructure, data protection and cloud systems. Hyper converged infrastructure (HCI) industry is geographically segmented as North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa.

 

Asia-Pacific market is anticipated to hold a significant CAGR during the forecast period as the software industry is gaining a higher traction owing to rise in cloud deployments, virtual desktop infrastructure and server virtualization.

 

North America market is anticipated to show a higher growth during the forecast period owing to presence of software industry and key players. Network policies and infrastructural development gain a higher end hence the market growth is assured. Software development scenarios and product life-cycle cases are of great significance in U.S.

 

European market is gaining an upper hand thanks to the emergence of network technologies and software policies. Rapid growth of IT & telecom sector in this region is likely to contribute to the regional market growth during the forecast period.

 

The key players profiled in the hyper converged infrastructure (HCI) market are Dell Inc, Hewlett Packard, Fujitsu Ltd, EMC Corporation, Maxta Inc, Scale Computing, Gridstore Inc and Pivot3 Inc.

 

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Zeolite Molecular Sieve Market Research 2020-2025 Report by Drivers, Competitive Landscape, Future Plans and Trends

Zeolite Molecular Sieve Market size is expected to value at USD 4.27 billion by 2022. The zeolite molecular sieve industry is subject to witness a substantial growth due to the rising demand for production of detergent and catalysts. Additionally, zeolite molecular sieve is increasingly utilized as an absorbent due to of its sieve-like structure. Zeolite molecular sieve are crucial for separation and adsorption in various manufacturing process for production of detergents..

 

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The key driving factors responsible for the growth of Zeolite Molecular Sieve market :

 

Zeolite molecular sieve used as an absorbent, particularly in oil & gas sector and for water treatment. Rising demand for detergents due to increase in hygiene awareness among consumers is anticipated to boost demand for zeolite molecular sieve as a builder in liquid and powder detergents. Globally, the zeolite molecular sieve market is predicted to grow at CAGR of 2.3% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

 

Rapid expansion of oil & gas industry, particularly in the North America & South America region, and end-use demand for catalysts to provide higher yield are estimated to aggravate market growth over the next seven years. In addition, substantial increase in the number of water treatment activities for wastewater treatment and purification of water are propelling market demand for zeolite molecular sieve, in the recent years.

 

However, availability of various alternatives such as enzymes, metals and other chemical compounds and their relatively lower cost in comparison with zeolite molecular sieve are expected to limit market demand to a certain extent. Additionally, volatility in cost of raw materials is restraining market growth, in the last few years. Yet, introduction of silver infused sieves as an antimicrobial is expected to amplify market expansion in the near future.

 

Zeolites, which are micro-porous in nature and contains alumino-silicate minerals are commonly used as industrial adsorbents and catalysts. Zeolites are naturally found compounds. However, zeolites are manufactured for industrial use on a large scale. Industrially important zeolites are manufactured via various synthetic technique. Industrial zeolites are produced by heating aqueous solutions of alumina and silica with sodium hydroxide, while sodium aluminate and sodium silicate acts as a catalyst. Industrial application of zeolites include ion-exchange beds in residential and commercial water purification, softening, and other applications. Primary use of zeolites is in production of detergents.

 

The zeolite molecular sieve industry is broadly categorized into four major segments based on the application type such as detergents, catalysts, wastewater management and oil & gas industry. The detergents is considered as one of the fastest growing segment in the zeolite molecular sieve market with substantial revenue generation in the last few years. Growing popularity of zeolite molecular sieve in the detergents segment is attributed to the extensive use as binders. The oil & gas industry segment has also witnessed substantial growth owing to the increasing demand for absorbents.

 

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Household Refrigerators and Freezers Market Research 2020-2025 Report by Share, Trend, Global Industry Size, Price, Future Analysis

Household Refrigerators and Freezers Market are expected to reach USD 125.68 billion by 2025. Household refrigerators and freezers are electric appliances that comprise a thermally insulated compartment and a heat pump. They are exclusively used for keeping small volumes of several foods and drinks concurrently at low temperatures. These items have different storage lives and require varied storage temperatures. The household refrigerators and freezers are mainly used for food storage. The household refrigerators & freezers market are estimated to grow at a significant CAGR of 6.8% over the forecast period as the scope and its applications are rising enormously across the globe.

 

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The key driving factors responsible for the growth of Household Refrigerators and Freezers market :

 

The factors that are playing a major role in the growth of household refrigerators and freezers market are rising technological enhancement in product development, increasing energy efficiency initiatives, and growing purchasing power. However, substantial untapped population base may restrain overall market growth in the years to come. Household refrigerators and freezers market are segmented based on product type, distribution channel, and region.

 

French door bottom freezer refrigerators, top mounted freezer refrigerators, side-by-side refrigerators, bottom-mounted refrigerators, and the other product types could be explored in household refrigerators and freezers in the forecast period. French door bottom freezer refrigerators sector accounted for the substantial market share of household refrigerators and freezers and is estimated to lead the overall market in the years to come. The reason could be rising demand from customers. Also, side-by-side refrigerators sector is estimated to grow at the highest CAGR in the years to come.

 

The market could be categorized based on distribution channels like offline sales and online sales that could be explored in the forecast period. Offline sales sector accounted for the significant market share and is estimated to continue its dominance in the years to come. Also, online sector is estimated to grow at the fastest pace in the years to come.

 

Globally, North America accounted for the substantial market share of household refrigerators and freezers and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rising demand for multiple refrigerator and freezer units from food and beverage industries and growing nuclear families. The United States and Canada are the major consumers of household refrigerators and freezers in this region.

 

Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The reason could be the presence of key manufacturers in this region and growing urbanization.

 

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High Purity Alumina Market Research 2020-2025 Report by Key Growth Drivers, Challenges, Leading Key Players Review

High Purity Alumina Market is anticipated to reach USD 6.41 billion by 2024. High Purity Alumina (HPA) is a high margin, high-value, and is in great demand as it is the critical ingredient essential to produce synthetic sapphire. The factors that propel the growth of the high purity alumina market include growing end-user applications such as sapphire, semiconductors, LEDs, and phosphor, growing technological developments, and increasing saturation of LEDs in the lighting market. On the other hand, there are factors that may hamper the growth of the market including higher cost of production. High purity alumina industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

 

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The key driving factors responsible for the growth of High Purity Alumina market :

 

High purity alumina market could be explored by type, technology, application, and geography. The market could be explored by purity level as 6N, 5N, and 4N. The “4N purity level” segment led the market of high purity alumina in 2016 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market include increasing use, lower manufacturing costs, low impurity clay feedstock, and easy accessibility of smelter grade alumina.

 

Based on technology, the high purity alumina industry could span Hydrochloric acid leaching and Hydrolysis. The “Hydrolysis” segment led the market of high purity alumina in 2016 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market include high acceptance of these techniques among the manufactures, and ability to reduce the production cost of HPA.

 

The key applications that could be explored in the high purity alumina market include Phosphor, Semiconductor, Light Emitting Diode, Sapphire, and Others. The “Light emitting diode” segment led the industry of high purity alumina in 2014 and is anticipated to maintain its dominance by 2024. The key factors that may be attributed to the growth of market include energy efficient operation, growing use of LED lighting in the automotive industry, and increasing demand.

 

Asia-Pacific accounted for the major share of the high purity alumina industry in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing demand for technologically progressive consumer electronics, growing affordability of raw materials and availability of cheap labor, increasing disposable income, and rapid industrialization. Asia-Pacific is likely to be followed by the North American region owing to increasing investment by manufactures in R&D activities, and improved focus on technological innovation in industries. Some of the key players that fuel the growth of the high purity alumina industry comprise Sumitomo Chemical Co., Ltd;

 

Orbite Technologies Inc.; Alcoa Inc.; Bukowski SAS; Alltech Chemicals Ltd; Zibo Honghe Chemical Co. Ltd.; Dalian Hiland Photoelectric Material Co., Ltd.; Xuan Cheng Jing Rui New Material Co. Ltd.; Nippon Light Metal Holdings Company, Ltd.; UC Rusal, Sasol; Rio Tinto Alcan, Norsk Hydro ASA, Hebei Pengda, Shandong Keheng Crystal Material Technologies Co., Ltd. and Wuxi Tuoboda. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

 

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Flexible Electronics Market Research 2020-2025 Report by Size, Share, Revenue, Business Growth, Demand and Applications

Flexible Electronics Market is estimated to touch US$ 87.21 billion by the completion of the prediction period. It is estimated to develop at a substantial CAGR for the duration of the prediction. “Flexible Electronics”, commonly recognized as “flex circuits”, have produced an exciting market ever since the previous a small number of years. They discover an extensive variety of uses in biometrics, end user electronics, automobile, medicinal & healthcare, defense & military, mobile instruments, and wearable electronics.

 

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The key driving factors responsible for the growth of Flexible Electronics market :

 

The elements contributing to the progress of the market comprise being lightweight, rough, transportability, and low price of the manufactured goods as equated to inflexible rigid substances. These apparatuses grasp remarkable prospective in influencing acceptance in the entertaining and gaming business due to their capacity to bend, folding, flex and roll , allowing a newfangled instinctive user interface.

 

The Flexible Electronics market on the source of Type of Application could span Industrialized, Automobile, Healthcare, End User Electronics. The End User Electronics is additionally categorized into television, wearable devices, and smartphones. The subdivision is responsible for a stake of more than 55% of the general market during the year 2015. The tendency is estimated to carry on above the following a small number of years. It could primarily be credited to an extensive application of this expertise in e-books, tablets, e-papers, smart watches and others.

 

The subdivision of Healthcare is projected to witness stable development at a CAGR of more than 8% for the duration of prediction. Growing practice in health observing apparatuses, smart plastics light treatments, healthcare photonics, lab-on-chip apparatuses and X-Ray sensors is expected to power the development of the subdivision.

 

The subdivision of automobile was responsible for a stake of more than 12% of the general income during the year 2015. It is estimated to observe stable development above the following eight years. The expertise is expected to transform designs of the car, stretching from the control panel to center console.

 

The Flexible Electronics market on the source of Type of Component could span Memory, Battery, Sensors, Display. The subdivision of Display generated maximum income and seized the market stake of more than 50% during the year 2015. Greater infiltration in e-reader, notebooks, smartphones, desktops and laptops, is estimated to offshoot the demand above the following eight years.

 

The subdivision of Battery is expected to witness reasonable progress at a CAGR beyond 15% above the prediction period. Developing requirements, for example, effectiveness, lifespan, compactness, price, charging rounds, dependability, and suppleness are expected to power the demand above the following eight years. The Flexible Electronics market on the source of Area with respect to Trades in terms of intake, Profits, Market stake, and Development percentage in these areas, for the duration of the prediction could span North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

 

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