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Wood Wax Market With Industry Overview, Supply Chain, Key Players, & Analysis To 2018 – 2022

The increasing awareness among people about the clean and hygienic environment has led to the increase in the usage of wood wax for wood polishing and coatings. Wax is an integral part of wooden products even if there are many other alternatives both relatively higher and lower pricing. Paraffin wax is a synthetic product whereas, bees and carnauba wood waxes are animal and vegetable based products. Bees and carnauba wood waxes are eco-friendly, premium products and hence their usage is mostly limited to the developed countries.

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Research Methodology

The wood wax market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the best quality with realistic parametric estimations. Further, the participation share of different categories of primary participants is given below:

Key Market Insights

Currently, Asia Pacific is the global leader in the wood wax market due to high industrialization and high construction development in developing countries such as China and India. Medium density fiberboard application segment is expected to maintain global dominance in application segments because of increased usage of wood wax in the panelboards. In addition, increasing government regulations towards clean environment and restrictions on the use of low VOC content products contribute to the increase of wood wax market at global level.

The study of the global wood wax market provides the market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the key decision makers to make better business plans and informed decisions for the future. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

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According to Infoholic Research, the “Global Wood Wax” production is expected to grow at a CAGR of 5.0% during the forecast period to reach 1,187.7 kilotons by 2022. Paraffin wax is expected to maintain global dominance in types segment, and Asia Pacific is expected to increase its regional dominance in the global wood wax market. Multinational companies such as BASF SE, Akzo Nobel N.V., Berkshire Hathaway, Dow Chemical Company, and Baker Hughes are the prominent players in this market.

Report Scope:

  • Types
    Paraffin wood wax
    Bees wood wax
    Carnauba wood wax
  • Applications
    Medium Density Fiberboard
    Particleboard
    Wood Coating
    Others (Oriented Strand Board, Lubrication, etc.,)
  • Regions
    Asia Pacific
    Europe
    North America
    Rest of the World
  • Industry outlook: market trends and drivers, restraints, and opportunities

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Mammography Market With Good Revenue Status Till 2023

Overview:

Mammography is known as the process of using low-radiation X-rays to diagnose tumors in the human breast. Mammography equipment (mammogram) is fundamentally used as a diagnostic and screening tool. The main purpose of mammography is the early detection of breast cancer through the identification of microcalcifications (tiny specks of calcium deposits that can be scattered throughout the mammary gland). Mammography is believed to reduce mortality from breast cancer by early detection. Awareness of breast changes and physical examination by a physician are considered essential parts of regular breast care. Mammography has been recommended as a standard screening process for breast cancer worldwide. There are three types of mammography systems: analog systems, computed tomography (CR) systems, and full-field digital mammography (FFDM).

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The market growth can be attributed to the rising initiatives by various governments and NGOs to raise awareness about early diagnosis of macrocalcifications in breast tissue. Some significant organizations such as the National Breast Cancer Foundation, CDC, and Breast Cancer Organization are promoting the early diagnosis of mammary gland calcification, which is one of the crucial factors expected to drive the demand over the forecast period.

The major drivers of the mammography market include increasing incidence of breast cancer since past 25 years. In 2015, American cancer society estimated the 292,130 new cases of breast cancer. Moreover, increasing demand and current 3D mammogram launches by the major players is expected to boost the growth of the market during the forecasted period. For instance, Hologic offers 2D and 3D imaging-guided breast biopsies via Affirm prone biopsy system. The vendors are currently focusing on the technological advancements, new product launches, and strategic positioning of their businesses in the emerging economies. These factors are expected to drive the Global Mammography market in the future.

Market Analysis:

The “Global Mammography Market” is estimated to witness a CAGR of 15.03% during the forecast period 2017–2023. The Mammography market is analyzed based on three segments – types, end users, and regions.

Regional Analysis:

The regions covered in the report are the Americas, Europe, Asia Pacific, and Rest of the World (ROW). The Americas is set to be the leading region for the mammography market, followed by Europe. The Asia Pacific and ROW are set to be the emerging regions. India is considered to be one of the most attractive economies in the emerging regions. Companies, such as Philips Healthcare and Hologic, execute breast cancer awareness programmes in association with leading hospitals and healthcare agencies in developed countries to target more patients.

Product Type Analysis:

The Global Mammography market can be segmented into the following types of mammography devices used for screening: Analog Mammography, 2D Mammography, and 3D Mammography. The global 3D digital mammography market is expected to show rapid growth in the forecast period, due to the replacement of 2D mammography by 3D mammography in the high and mid-tier hospitals in the developed countries. By lessening the recall rates of women for breast cancer screening, digital breast tomosynthesis (DBT) promises reduction of overall healthcare costs which is beneficial for the medical insurers. The 2D Mammography segment generated the highest revenue in 2016, and is expected to dominate the market during the forecasted period. This is mainly due to the price difference between 2D and 3D mammograms. The market is also witnessing various mergers, acquisitions, and collaborations among the top players, which is defining the future of the Global Mammography market.

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Key Players:

Hologic Inc., Philips Healthcare, Siemens Healthineers, GE Healthcare, Fujifilm Holding Corp., Toshiba Medical Systems Corp., Planmed Oy, Carestream Health Inc. and other predominate & niche players.

Competitive Analysis:

The Global Mammography market is highly fragmented with the presence of large as well as small and medium vendors. The advances in technology and product upgradation will increase the competition among vendors. The market is highly dynamic with the presence of few big players accounting for more than half of the revenue generated worldwide.

Benefits:

The report provides complete details about the usage and adoption rate of mammography in the end users and regions. With that, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, government initiatives towards the mammography screening adoption in the upcoming years along with the details of commercial products available in the market. Moreover, the report provides details about the major challenges that are going to impact on the market growth. Additionally, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals to analyze before investing or expanding the business in this market.

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Artificial Intelligence (AI) In Healthcare Market With Economic Growth And Five Forces Analysis By 2022

Overview:

Artificial intelligence(AI) is the creation of intelligent systems that can perform tasks without human interventions and instructions. It is the constellation of different technologies such as natural language processing, machine learning, perception and reasoning. These systems use computer algorithms, and huge amount of data to provide a response to a request. AI is being adopted in healthcare using algorithm and software for the analysis of medical data with a view to predict diseases and provide proper medication. It will lead to personalization and optimization leading to improved outcomes for both patients and healthcare systems. A basic AI computer used today in clinical practices can be used for alerts and reminder, diagnostic, therapy planning, Information retrieval and image interpretation. However, glitches in communication and technical infrastructure are amongst the barriers to the growth of AI in health care.

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Market Analysis:

According to Infoholic Research, the “Artificial Intelligence in Healthcare Market” is expected to reach $ 1,139.2 million by 2022, growing at a CAGR of around 62.2% during the forecast period 2016–2022.The need of pre-operative planning, high costs associated with healthcare, adoption of mobile devices and rising chronic diseases amongst masses is driving the need of integrating AI in healthcare solutions. The AI market in healthcare has high growth opportunities due to rising needs of self-care and real-time monitoring.

Technology Analysis:

The AI technology is leading towards innovation of efficient and inexpensive healthcare solutions. The major technologies involved are natural language processing, machine learning, biometric security, speech recognition and disaster recovery. The technology providers are heading towards development of innovative products and solutions for end-users. At present, NLP market is having the major share with an estimated increase to $487.7 million by 2022 growing at a CAGR of 61.6%. The increase in adoption of cloud computing, internet and innovation in network connectivity is driving the adoption of NLP in healthcare sector. Besides, NLP the second most prominent technology in healthcare is machine learning which is expected to reach $223.7 million by 2022, growing at a CAGR of 61.9%. Based on end users, the market encapsulates diagnostic centres, hospitals and clinincs, R&D and healthcare institutes. AI finds wide application in precision medicine, real- time monitoring, drug development and personal health assistants.

Regional Analysis:

North America is leading in AI in healthcare market followed by Europe. Huge investments and strict governmental regulations is driving the growth in North America. One such initiative is Patient Protection and Affordable Care Act(ACA), which is leading emphasis on cost management and integrated care delivery models. The European market is enhancing due to increased need of quality care and high cost burden associated with re-hospitalisation. The Benevolent AI, Google’s DeepMind, Skin Analytics are working for providing healthcare solutions in Europe. APAC region has high growth potential accompanied with high investment in the market especially India and China. The major part (40%) of digital transformation in APAC will be driven by AI by 2022. LAMEA is yet developing and growing in the region. The increased adoption of internet and mHealth is enhancing the growth of AI in the region.

Key Players:

The key vendors leveraging solutions for healthcare included in the report are IBM, Microsoft, Google, Apple, Amazon, Medtronic Inc., Sentrian, Buoy Health, Healthsense Inc., and Propeller Health.

Competitive Analysis:

The study covers and analyzes the “AI in Healthcare” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

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Benefits:

The report provides with in-depth analysis of artificial intelligence in healthcare market aiming at reduction in cost and improvement in efficiency. The report provides with major drivers as well as challenges coming forth in the path of market growth. The information provided can benefit the stakeholders with knowledge on trends, investments, drivers, governmental initiatives and various regulatory changes about to be adopted in years to come. The report covers profiles of major vendors leveraging solutions for AI in healthcare to the end-users.

Key Stakeholders:

Device manufacturers, network providers, data security solution vendors, policy makers, standard development organizations, investor community, university researchers, blog writers, and technology magazines.

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Methanol Market Will Watch a Sensational Development By 2023

Overview

Methanol Market

Methanol is one of the basic chemicals which is prepared utilizing various feedstocks including shale gas, crude oil, and coal. It is utilized in various applications with major end-use focused around fuel blending and chemicals manufacturing. Dynamic feedstock market and changing geopolitical scenarios are changing the market pattern and guiding organizations to be more agile and innovative to combat the changing terms.

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Research Methodology

The methanol market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Key Market Insights

The methanol enters the fuel stream either via direct blending or via octane improvers such as methyl tertiary butyl ether (MTBE). The methanol is also utilized for biodiesel adding the volume for fuel. The biggest portion of global methanol and its derivatives ends up in chemical manufacturing either as feedstock or as solvent. The chemical derivatives from methanol covers a range of varieties including resins for paints & paperboard to engineering plastic for automotive, and solvents for fragrances to polyethylene terephthalate (PET) for bottles.

Currently the market is dominated by China which covers little less than two-third of the global market for methanol. Large downstream capacities have been added with methanol to olefins (MTO) expansions that has been kept China in leading position for methanol consumption. The US has been the second largest market with fuel blending supporting the traditional downstream capacities. The US market currently stands little less than 7% of the global market but is a significant market nevertheless. The market growth in developing countries and additional upcoming capacities in the US are expected to impact the trade scenarios for methanol. Trade relations among the US and China would be critical deciding factors in international pricing and trade flow.

The study of the global methanol market provides the market size information and industry trends along with the parameters and factors impacting it in both short- and long-term. The study also covers the competitive scenario of the market with respect to major players with their branding strategies and differentiating factors among others. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalists and investment professionals in understanding the companies better and take informed decisions.

According to Infoholic Research, the global methanol market is expected to grow at a CAGR of 7.4% during the forecast period to reach $48.62 billion by 2023. Formaldehyde segment is expected to maintain its dominance in application segments, while fuel blending and MTO are expected to show higher growth rates than other segments. The crude oil price stabilization and Chinese advantage of domestic coal for olefin production would be critical for external methanol demand there.

Almost all the new capacities are focused in the US and China with objective of reaping benefits from cheap local feedstock. The prices in the methanol market may vary in short-term but are expected to stabilize in the next two years. Some of the prominent players in the global methanol market are Methanex, Saudi Basic Industries Corporation (SABIC), Sinopec, Lanxess, and Shin-Etsu.

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Report Scope:

Methanol Market by Applications

  • Formaldehyde
  • MTBE/TAME
  • Fuel Blending
  • Acetic Acid
  • MTO
  • DME
  • Biodiesel
  • Solvents
  • Others

Methanol Market by Regions

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World

Industry outlook: Market trends, drivers, restraints, and opportunities

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Infrastructure Automation Market Will Touch A New Level In Upcoming Year, 2022

Overview:

The adoption of automation for streamlining the tasks is being introduced into systems mainly to address the changing business requirements and to fulfil the demand for improved productivity. Further, rapidly growing urbanization and advancements in technology have created a huge demand for infrastructure automation. Infrastructure automation is the process of scripting the environment, which enables organizations to manage and monitor IT processes without any human intervention. The scripting comprises of installation of OS, configuring servers on situations, and configuring the software & situations to communicate with each other. Infrastructure automation offers agility, flexibility, and improvement in productivity in less time. These benefits are driving the organizations to adopt automation into their infrastructure to compete in the ever-changing market. The major software companies such as Wipro, HPE, and IBM are investing in the growth of technology to offer enhanced services to end-users.

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Market Analysis:

According to Infoholic Research, the “Worldwide Infrastructure Automation Market” is expected to reach $65.48 billion by 2022, growing at a CAGR of around 19.9% during the forecast period 2016–2022. Increasing labor costs, human errors, demand for improving consistency & compliance, and technological advancements are forcing organizations to focus on automating their traditional infrastructure to speed up the productivity. The increasing demand for alignment of IT with business needs is one of the major drivers for adopting automation into the business environment.

Technology Analysis:

The major technology providers are offering innovative solutions that enable the end-user organizations to achieve improved operational efficiency, productivity, and enhanced quality. New players are entering the market and key players are trying to acquire them to gain their technical knowledge for the betterment of their product portfolio. The solutions segment is further segmented into configuration management, server provisioning, orchestration & integration, network management, code deployment & monitoring, and others. In 2016, orchestration & integration had a major share of the market and is expected to reach $22.19 billion by 2022, growing at a CAGR of 19.2% during the forecast period 2016-2022.

Regional Analysis:

At present, Americas is having the majority of the market share mainly due to advancements in technology and its adoption. The market is witnessing prominent growth in the countries such as the US and Canada. Europe is spending hugely in manufacturing industry especially on raw materials and their use. Developing region such as Asia Pacific will be boosting the market growth. Regional government initiatives for developing smart city projects and increasing FDI for industrialization enhancement in the region are the main factors contributing to the market growth. The MEA region is expected to invest more than $100 billion for maintaining the existing and building new and enhanced infrastructure, which will offer huge opportunities for key players to offer innovative solutions in the region.

Key Players:

The key players covered in the report are General Electric (GE), Schneider Electric, ABB, Rockwell Automation, Emerson, Cisco Systems, Rackspace, Hewlett-Packard Enterprise (HPE), Wipro, IBM, Microsoft, HCL Technologies, Puppet, Chef Software, and CFEngine AS.

Competitive Analysis:

The study covers and analyzes the “Worldwide Infrastructure Automation” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

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Benefits:

The report provides an in-depth analysis of the infrastructure automation market aiming to enhance productivity, efficiency, and brings down the operational downtime for the enterprises. The report talks about solutions, services, infrastructure, deployment model, end-users, and regions. With the information offered, key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the infrastructure automation services adoption. Further, the report provides details about the major challenges going to impact the market growth. The report also covers the major company profiles towards the end.

Key Stakeholders:

Device manufacturers, network providers, software providers, data security solution vendors, policy makers, standard development organizations, investor community, telecom, university researchers, blog writers, and technology magazines

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Blockchain In Telecom Market Viewpoint, Trends and Predictions 2019-2024

Overview of the Blockchain in Telecom Market Research

[115 pages report] Blockchain, a decentralized solution originally developed for the cryptocurrency bitcoin, has evolved beyond its intended scope and offers several other opportunities in many sectors such as government BFSI, healthcare, education, IT & telecom, energy, and industrial. Blockchain can verify data in real time and thus helps in reducing fraud across various industries. Telecom operators are transforming themselves from legacy telecom service providers (TSP)s to service providers focusing on customer experience and core business segment.

The Telecom Industry involves many vendors, network providers, distributors, partners, VAS providers & customers and has the most complex operations framework. This creates challenges including transparency and trust issues among others, especially with the involvement of multiple entities. The Blockchain Technology can be applied to a variety of telecom processes, which can simplify day-to-day operations, increase security, and reduce operating costs.

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Blockchain in Telecom Market Analysis

According to Infoholic Research, the Global Blockchain in Telecom Market is expected to grow at a CAGR of 77.9% during the forecast period to reach revenue of $1.37 billion by 2024. For increasing the overall revenue, profitability, and addressing the rising customer needs, traditional telecom companies are focusing on adopting blockchain technology to unlock new opportunities. Rising security concerns, demand for fraud management, and 5G implementation are few of the factors driving the growth of the Blockchain in Telecom Market The increasing number of blockchain consortia, such as Hyperledger, Carrier Blockchain Study Group (CBSG), and many more, is also among the primary factors leading toward the growth of blockchain applications in telecom. For instance, the number of blockchain consortia increased from around 27 in 2017 to more than 60 in 2018.

Blockchain in Telecom Market Segmentation Analysis

The report provides in-depth qualitative insights and validated market forecast or projections based on certain assumptions and historical data. The projections and trends featured in the report have been derived using proven research methodologies and assumptions based on the vendors portfolio, blogs, whitepapers, and vendor presentations. Thus, the research report represents every side of the market and is segmented based on regional markets, providers, applications, and organization size.

Blockchain in Telecom Competitive Analysis

The report covers and analyzes the Blockchain in Telecom Market. Major vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the coming years. The key players are adopting various organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in the strong position in the market.

The report contains an in-depth analysis of the vendors profile, which includes financial health, business units, key business priorities, SWOT, strategies, and views. The prominent vendors covered in the report include IBM, SAP, Microsoft, AWS, Huawei, BubbleTone, Clear, Guardtime, TBCASoft, and Filament among many others. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.

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IBM, SAP, and Microsoft are the key players in the Blockchain in Telecom Market. In 2018, Telefónica, a Spanish telecom company, partnered with IBM for using its Blockchain Technology for managing the international call traffic. IBM is working with Indian telecom firms and Telecom Regulatory Authority of India (TRAI) for offering Blockchain Solutions and Addressing problems of coordination between multiple parties in mobile number portability (MNP) and to Do Not Call (DNC) registries. In 2019, Tech Mahindra partnered with Microsoft in India for creating blockchain-based solutions for combating spam calls. In June 2018, Deutsche Telekom, a German telecommunication company announced that it was working with SAP on blockchain technology for preventing hackers from accessing data on stolen phones.

The report also includes the complete insights of the industry and aims to provide an opportunity for the emerging and established players to understand the market trends, current scenario, initiatives taken by the government, and the latest technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and to take informed decisions.

Regional Analysis

North America held the largest market share in 2017 and is expected to dominate the Blockchain in Telecom Market during the forecast period. The high presence of key players offering Blockchain in Telecom Solutions such as IBM, AWS, and Microsoft is the main factor leading to the growth in the North America region. The increasing number of partnerships in this region is also among the factors driving the growth of the market. Recently in January 2019, Synchronoss Technologies, a US-based provider of cloud, messaging, digital, and IoT products, and TBCASoft, Inc., a US-based innovator of cross-carrier Blockchain platform technology announced their partnership for redefining telecom operators with blockchain.

Benefits

The report provides an in-depth analysis of the Blockchain in Telecom Market. Blockchain can enable the telecom operators in generating a new layer of confidence on the Internet, based on the data itself. Blockchain helps in building a network of peers, which consist of service providers, vendors, telecom operators, and other parties for increasing the trust among different partners within the ecosystem. Blockchain helps telecom companies in generating new revenue opportunities and streamlining internal processes. Blockchain provides strong encryption to record and store the data on the network in a more secure and verifiable way. It makes the information transparent and tamper-proof. Blockchain technology is expected to help the telecom companies in bolstering their network security and reducing the operational costs. The report discusses the market in terms of providers, applications, orgnaization size, and regions. Further, the report provides details about the major challenges impacting the market growth.

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Variable Message Signs For Intelligent Transportation System Market to Witness Huge Growth by 2024: Key Players

Variable Message Signs for Intelligent Transportation System Market Overview

Real-time traffic management is of high priority in various developed and developing countries. Managing the seamless movement of traffic due to the increasing number of vehicles on the road appears to be the biggest problem in the majority of the cities. However, traffic management can be simplified with the advent of technology solutions and IoT devices. The inclusion of IT in traffic management has given rise to the concept of Intelligent Traffic Management System (ITMS). This system is not a software, instead an amalgamation of many tools, devices, software, and applications, along with variable message signages (VMS) that work in sync to assist the manual traffic management process. Recently, in 2019, the State Department of Transportation in St. Lawrence County, US, has deployed an additional 50 portable variable message signs to enhance storm messaging to the public on key corridors throughout the state, as complex winter storm containing heavy snow, ice, and high winds are expected. In addition, the UK Government in Keighley Town is planning to install permanent digital variable message signs in 2019 to improve the information available to drivers in the area, after months of traffic disruption due to road-widening projects.

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Market Analysis

According to Infoholic Research, the Global Variable Message Signs for Intelligent Transportation System Market revenue is estimated to increase from $16.7 million in 2018 to $21.7 million by 2024, growing at a CAGR of 4.4% during the forecast period. The market will be driven by the increasing demand from the US and Western European countries. The Western Europe market has the strongest hold due to the presence of various large and small-scale variable messaging signs manufacturing-based industries and well-developed IT infrastructure. The US is witnessing growth due to the spending from federal and state government entities. The market in APAC is in its initial stages due to the lack of specialized variable messaging signs technology solutions and digital infrastructure in emerging economies that hamper the market growth.

Market Segmentation Analysis

The study covers and analyzes the Global Variable Message Signs for Intelligent Transportation System Market by components, applications, and regions. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenarios, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and make informed decisions. The regions covered include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The revenue is generated mainly from North America, Europe, and Asia Pacific. North America is leading in the market, followed by Europe, and Asia Pacific is emerging in the variable message signs market.

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Regions and Vendors Analysis

The report contains an in-depth analysis of the vendors, which includes financial health, business units, key business priorities, SWOT, strategies, and views. The key and prominent vendors covered in the report include Daktronics Inc., EBSCO Industries Inc., Skyline Products Inc., Swarco AG, Wanco Inc., and Aesys among many others. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.

Benefits

The report encompasses the study of Variable Message Signs for Intelligent Transportation System Market by components such as variable message signs hardware, variable message signs software, and LED-based displays; by applications such as active urban traffic management, freeways, tunnels, toll facilities, emergency (hard shoulder) management, airport, rail and bus passenger’s guidance and lane management, and parking guidance and management. VMS-based innovation has received a lot of traction in the last three years. Variable message signs innovative software solutions and applications have a broad scope of use in rail, road, and transit among other application areas. Furthermore, the report provides details about the major challenges impacting the market growth.

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North America In Vitro Diagnostics Market to witness consistent growth in next 5 years

[116 pages report] This market research report includes a detailed segmentation of the North America in vitro diagnostics market – By Technology Types (Clinical Chemistry, Molecular Diagnostics, Immunoassay, Clinical Microbiology, Coagulation, Hematology, and Others), By Applications (Oncology, Infectious Disease, Diabetes, Cardiology, Nephrology, Autoimmune Disease, and Others), By End-users (Hospitals, Laboratories, Home Care, Academic & Research Institutes, and Others), and By Country (US and Others).

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Overview of the In Vitro Diagnostics Market Research

Infoholic’s market research report predicts that the North America In Vitro Diagnostics market will grow at a CAGR of 5.17% during the forecast period 2019–2025. The market has witnessed steady growth in the past few years, and the advancements in technology with the introduction of innovative products have increased the adoption of in vitro diagnostics products in the market. The market is fueled by the increasing incidence of lifestyle and chronic diseases, rising adoption of point-of-care testing (POCT), the upsurge in the biomarker-based tests, and growing significance of companion diagnostics.

The market continues to grow, and in vitro diagnostics is one of the most widely used techniques for screening, diagnosis, treatment, and monitoring purposes. The field is getting revolutionized with the advancement in technology. Vendors are focusing on new product launches, approvals, and targeting toward end-user’s perspective. The market generates revenue from the key players operating in this field, and few of them include Abbott Laboratories, F. Hoffmann-La Roche, Thermo Fisher Scientific, Danaher Corporation, and Sysmex Corporation.

According to Infoholic Research analysis, the US accounted for the largest share of the North America in vitro diagnostics market in 2018 and “others” segment is expected to grow a high CAGR during the forecast period. According to the estimation of the National Cancer Institute, in the US, around 1.6 million new cases of cancer were diagnosed, and 595,690 people have died due to cancer in 2016. In 2016, Canada had an estimated 202,400 new cases of cancer and nearly 78,000 deaths according to the Canadian Cancer Society. Lifestyle-related diseases such as diabetes and heart diseases are becoming a major threat to the population across the world with 425 million people suffering from diabetes. Cardiovascular disease (CVD) accounts for approximately 800,000 deaths in the US and on an average, one person dies from CVD every 40 seconds in the US. Favorable reimbursement policies, the presence of dominant market vendors in the country, increased awareness among patients, availability of government funds, and increasing adoption of molecular diagnostics make the US a dominant shareholder in the market.

In Vitro Diagnostics Market by Technology Types

  • Clinical Chemistry
  • Molecular Diagnostics
  • Immunoassay
  • Clinical Microbiology
  • Coagulation
  • Hematology
  • Others

In 2018, the clinical chemistry segment occupied the largest share, and molecular diagnostics segment is expected to grow at a high CAGR during the forecast period. Clinical chemistry includes metabolic panel, electrolyte panel, liver panel, lipid profile, renal profile, thyroid function panel, and specialty chemistry tests. Increased technological advancements such as next-generation sequencing & polymerase chain reaction and growing number of strategic deals are likely to propel the molecular diagnostics segment during the forecast period.

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North America In Vitro Diagnostics Market by Applications

  • Oncology
  • Infectious Disease
  • Diabetes
  • Cardiology
  • Nephrology
  • Autoimmune Disease
  • Others

The infectious disease segment occupied a major market share in 2018, and the oncology segment is predicted to hold a significant share during the forecast period. Increase in the prevalence of the disease such as tuberculosis & pneumonia and growing healthcare awareness among the population make the segment a dominant shareholder.

North America In Vitro Diagnostics Market by End-users

  • Hospitals
  • Laboratories
  • Home Care
  • Academic & Research Institutes
  • Others

Hospitals occupied a significant market share in 2018, and hospitals and laboratory segments are expected to dominate the market for the next few years.

In Vitro Diagnostics Market by Country

  • US
  • Others

The US occupied a significant market share in 2018, and the “others” segment is expected to grow at a high CAGR during the forecast period. The increased technological advancement and higher GDP of the nation make “others”, that includes Canada and Mexico, the fastest growing segment during the forecast period.

In Vitro Diagnostics Market Research Competitive Analysis – The in vitro diagnostics market has massive growth opportunities in the North American region. The advancements of technology will increase competition among vendors. The diagnostics and biotechnology continuously focus on the market due to an increase in lifestyle and chronic diseases. This has resulted in approvals and collaborations related to in-vitro diagnosis in recent years. For instance, Roche launched VENTANA pan-TRK (EPR17341) Assay to detect tropomyosin receptor kinase (TRK) to diagnose multiple solid tumor types at the end of 2018. FDA has approved F1CDx test to identify genetic alterations in tumors in December 2017. The genomic test can identify cancer-related alterations in 324 genes in any type of solid tumor. FDA approved Ortho Clinical Diagnostics VITROS Immunodiagnostic Products HIV Combo Reagent Pack and Calibrator for use on the VITROS 5600 Integrated System in 2018. This 4th generation test can detect both HIV-1 and HIV-2 antibodies as well as the p24 antigen, which provides a shorter diagnostic window compared to 3rd generation assays. In late 2018, Precision for Medicine acquired ApoCell, a next-generation lab specializing in the identification and analysis of biomarkers. In addition, other leading players are focusing on hugely investing in R&D activities to develop new products to attain the maximum share in the market.

Key Vendors

  • Abbott Laboratories
  • Hoffmann-La Roche (Roche)
  • Thermo Fisher Scientific Inc.
  • Danaher Corporation
  • Sysmex Corporation
  • bioMerieux S.A.
  • Becton Dickinson and Company
  • Bio-Rad Laboratories
  • Qiagen N.V.
  • Siemens Healthineers
  • Ortho Clinical Diagnostics (Carlyle Group)

Key Competitive Facts

  • The market is highly competitive with all the players competing to gain market shares. Intense competition, rapid advancements in technology, frequent changes in government policies, and the prices are key factors that confront the market.
  • The requirement of high initial investment, implementation, and maintenance cost in the market are also limiting the entry of new players.

Benefits – The report provides complete details about the usage and adoption rate of in vitro diagnostic products. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the tests in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals, and to analyze before investing or expanding the business in this market.

Key Takeaways

  • Understanding the potential market opportunity with precise market size and forecast data.
  • A detailed market analysis focusing on the growth of the in vitro diagnostics
  • Factors influencing the growth of the in vitro diagnostics
  • In-depth competitive analysis of dominant and pure-play vendors.
  • Key insights related to major segments of the in vitro diagnostics
  • Latest market trend analysis impacting the buying behavior of the consumers.

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Non-Invasive Prenatal Testing (NIPT) Market to Undertake Strapping Growth During 2025

This market research report includes a detailed segmentation of the global non-invasive prenatal testing market – By Application (Trisomy, Microdeletion Syndrome, and Other NIPT Applications), and By Region (North America, Europe, Asia Pacific, and Rest of the World).

Overview of the Non-invasive Prenatal Testing Market Research

Infoholic’s market research report predicts that the global non-invasive prenatal testing market will grow at a CAGR of 17.5% during the forecast period 2019–2025. The market has witnessed steady growth in the past few years and development in technology with the introduction of advanced products has increased the acceptance of non-invasive prenatal testing products in the market. The market is fueled by an upsurge in the number of newborns with chromosomal disorders due to the increasing number of late pregnancies and growing demand for non-invasive procedures for early diagnosis.

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The global market continues to grow, and NIPT is among the most widely used techniques for detecting genetic disorders in the fetal stage, which will help in the proper management of disease during the initial period of the gestation. The field is getting revolutionized with the advancement in technology. Vendors are focusing on new product launches, product approvals, and targeting end-user’s perspective. The market generates revenue from the key players operating in this field, and few of them include Illumina Inc., Laboratory Corporation of America Holdings, Natera Inc., F. Hoffmann-La Roche Ltd., and Beijing Genomics Institute.

According to Infoholic Research analysis, North America accounted for the largest share in the global non-invasive prenatal testing market in 2018 and will retain a high position during the forecast period. According to WHO estimation, the prevalence of Down syndrome is between 1 in 1,000 and 1 in 1,100 live births worldwide. The incidence of Down syndrome is 1 in 212 with the women age between 35 and 39 and the risk significantly increases with maternal age, i.e., above 45, the incidence rate is 1 in 33 newborns. But the risk rate is very low in younger women in the age group of 24–25 years with incidence rate reduced to 1 in 1429. The risk of aneuploidy also increases with maternal age with an incidence rate of 1 in 192 for women in the age group of 35 years and 1 in 66 in the age group up of 40. Favorable reimbursement policies, availability of advanced technologies, presence of prominent vendors, and an increase in the prevalence of genetic disorders will increase the adoption and demand for tests in this region. Asia Pacific is expected to grow at a high CAGR during the forecast period, owing to factors such as increasing awareness of early disease diagnosis, increasing healthcare expenditure, and presence of huge population base.

Non-invasive Prenatal Testing Market by Application:

  • Trisomy
  • Microdeletion Syndrome
  • Other NIPT Applications

In 2018, the trisomy segment occupied the largest share and is expected to grow at a high CAGR during the forecast period. Increasing incidence of chromosomal anomalies coupled with advanced maternal age makes the segment the major shareholder in the global non-invasive prenatal testing market. Further, innovations in technology are likely to propel the growth of the segment during the forecast period.

Non-invasive Prenatal Testing Market by Regions:

  • North America
  • Europe
  • APAC
  • RoW

The global market is dominated by North America, followed by Europe and Asia Pacific. The US occupied the dominant share in the North American market due to the increasing adoption of high- and average-risk NIPT test, rising number of late pregnancies that increase the number of newborns with Down syndrome, no risk of miscarriage, and availability of the advanced tests due to the presence of dominant vendors in the region.

Non-Invasive Prenatal Testing Market Research Competitive Analysis – The global non-invasive prenatal testing market has massive growth opportunities in both developed and developing regions. The advancements of tests will increase the competition among vendors. The increased focus of diagnostics and biotechnology companies has led to an increase in deals related to non-invasive testing products due to its increasing popularity. 10x Genomics Inc. and Berry Genomics Co. Ltd. entered into a collaboration to further develop approaches for next-generation NIPT in January 2018. In early 2018, IONA test developed by Premaitha Health plc has been approved by Brazil’s regulatory authority, Agência Nacional de Vigilância Sanitária, for sale in the country as an IVD. In late 2018, PerkinElmer’s Vanadis NIPT system obtained CE-IVD mark for commercialization and distribution in Europe and in other countries where CE-IVD mark is accepted. The key market vendors are focusing on increasing the product portfolio. There are few acquisitions in the last few years. Premaitha acquired Yourgene Bioscience in Taiwan in March 2017. In July 2017, Eurofins Scientific closed the acquisition of GATC Biotech AG and this transaction comprises the acquisition of 62.63% of the shares owned by GATC in LifeCodexx AG, one of the Europe’s specialists in NIPT. In addition, other leading players are focusing on hugely investing in R&D activities to develop new products to attain a maximum share in the market.

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Key vendors:

  • Natera Inc.
  • Laboratory Corporation of America Holdings (LabCorp)
  • Illumina Inc.
  • Hoffmann-La Roche
  • Beijing Genomics Institute
  • LifeCodexx AG
  • Quest Diagnostics
  • Yourgene Health Plc
  • Myriad Genetics Inc.
  • NIPD Genetics
  • PerkinElmer Inc.
  • Next Biosciences (Pty) Limited

Key competitive facts:

  • The market is highly competitive with all the players competing to gain market shares. Intense competition, rapid advancements in technology, frequent changes in government policies, and the prices are key factors that confront the market.
  • The requirement of high initial investment, implementation, and maintenance cost in the market are also limiting the entry of new players.

Benefits – The report provides complete details about the adoption rate of non-invasive prenatal tests. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals, and to analyze before investing or expanding the business in this market.

Key Takeaways:

  • Understanding the potential market opportunity with precise market size and forecast data.
  • A detailed market analysis focusing on the growth of the non-invasive prenatal testing
  • Factors influencing the growth of the non-invasive prenatal testing
  • In-depth competitive analysis of dominant and pure-play vendors.
  • Prediction analysis of the non-invasive prenatal testing industry in both developed and developing regions.
  • Key insights related to major segments of the non-invasive prenatal testing
  • Latest market trend analysis impacting the buying behavior of the consumers.

Report [email protected] https://www.trendsmarketresearch.com/report/analysis/IR/non-invasive-prenatal-testing-(nipt)-market

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Underwater Wireless Communication Market to Undertake Strapping Growth During 2018-2022

Overview:

Underwater wireless communication network provides support and differentiated services for applications such as real-time monitoring, surveillance, communication tools for UAV and weather forecasting. With the increase in off-shore oil & gas industry, monitoring pollution in water environment, collection of data from the bottom of the sea, detection of new objects, and transmission of data between the ships have become crucial and require proper communication. Over the past two decades, heavy cables are being used to establish a high-speed communication channel between the remote source and the surface. This has got many shortcomings which include cost and durability. To overcome these problems, the necessity of underwater wireless communication is proving vital.

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Market Analysis:

The “Underwater Wireless Communication” market is estimated to witness a CAGR of 18.5% during the forecast period 2016–2022. The market is analyzed by interface platforms, applications, and regions. Transition to wireless communication could help to reduce the risks, cost, and improve the production. Real-time monitoring, surveillance, & detecting (earthquake and tsunami) are some of the key factors driving the market.

Regional Analysis:

In terms of regional analysis, the report is segmented into the Americas, Europe, Asia Pacific, and Middle East & Africa; along with the analysis of major countries in each region. The Americas is set to be the leading region for the underwater wireless communication market growth followed by Europe. Asia Pacific is known for improvements in industries and project & programs by governments (India and China). MEA is set to be the emerging region with a lot of opportunities and is expected to reach $165.5 million by 2022.

Vertical Analysis:

The major verticals covered in the report are oil & gas, military & defense, scientific research & development, and marine. Globally, the leading players of these verticals in the market are showing interest towards underwater wireless communication. The technology is already being incorporated and is used in all the major verticals. The offshore oil & gas industry in the underwater environment is set to be the leading vertical after military & defense. The market for scientific research & development and marine industry is expected to reach $1,008.8 million and $577.3 million, respectively by 2022.

Key Players:

DSPComm, SONARDYNE, Subnero Pte. Ltd., Teledyne Technologies Incorporated, EvoLogics GmbH, Kongsberg Gruppen, Furgo, and Saab AB.

Competitive Analysis:

Underwater wireless communication market offers tremendous business opportunities for service providers. Lot of small pure-players are growing in the industry with their specific expertise and are attracting attention from large players to collaborate and provide various novel applications and services. With the development of their expertise and support of large players, these players are expected to change the industry dynamics, resulting in double-digit growth for themselves in parallel.

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Benefits:

The report provides an in-depth analysis of the underwater wireless communication market aiming to bring down the operational cost for the enterprises. The report provides a detailed analysis of the underwater wireless communication in terms of interface platforms, applications, and regions. With that, key stakeholders can know about the major trends, drivers, investments, and vertical player’s initiatives towards the underwater wireless communication adoption in the upcoming years. From the other end, the report provides details about the major challenges that are going to impact on the market growth. Furthermore, the report gives the complete details about the key business opportunities to key stakeholders to expand their business and capture the revenue in the market. This will help the key stakeholders to analyze before investing or expanding the business in this market.

Report Description @ https://www.trendsmarketresearch.com/report/analysis/IR/underwater-wireless-communication-market