Neurostimulation Devices Market To Reach Worth USD 17 Bn By 2024 - Credence Research

According to the latest report published by Credence Research, Inc. “Neurostimulation Devices Market (Device Type: Spinal Cord Stimulator, Deep Brain Stimulator, Sacral Nerve Stimulator, Vagus Nerve Stimulator & Gastric Electric Stimulators; Therapeutic Areas: Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression Dystonia, Gastroparesis, Parkinson's Disease & Others): Growth, Future Prospects and Competitive Analysis, 2016-2024,” the global neurostimulation devices market was valued at US$ 4,904.9 Mn in 2015, and is expected to reach US$ 17,017.1 Mn by 2024, expanding at a CAGR of 13.0% from 2016 to 2024.

Browse the full report Neurostimulation Devices Market - Growth, Future Prospects and Competitive Analysis, 2016-2024 at http://www.credenceresearch.com/report/neurostimulation-devices-market

Market Insights

The steady rise in demand for neurostimulation treatment is majorly driven by growing increasing incidence of neurological disorders worldwide, significant gap in the outcomes of existing treatments, and growing demand for improving quality of life, containing treatment costs and side-effects. Neurosurgeons are increasingly seeking further efficient surgical modalities that offer lesser treatment complexities and are minimally invasive in nature and have longer efficacy than the conventional treatments. This report studies the global neurostimulation devices market based on device types, therapeutic areas and geographic distribution.

Among the various device types, spinal cord stimulators currently offer the most significant market potential and the growth of this segment is driven by its growing applications in treating chronic pain. In addition, sacral nerve stimulators is anticipated to be the fastest progressing segment during the forecast period due to increasing prevalence of incontinence patient base worldwide. Deep brain stimulators are used in treatment of degenerative disorders such as Alzheimer’s and Parkinson’s disease. These stimulators are currently based on bourgeoning technologies and further innovation in the nature of these systems and their treatment outcomes will offer promising growth opportunities to this segment. Their anticipated extension in treating conditions such as refractory epilepsy, Tourette syndrome, cluster headache, movement dysfunctions and trigeminal neuralgia will fuel market growth.

Pain management constitutes the largest therapeutic area where neurostimulation devices find the widest application. High global prevalence of pain disorders, such as chronic pain, surgical pain and others that interfere with the quality of life and growing adoption of neurostimulation devices on the ground of their better therapeutic value are some of the key drivers of this segment. Other therapeutic areas such as neurostimulation devices market for Parkinson’s disease, epilepsy, gastric conditions are also anticipated to undergo impressive growth rate during the forecast period on the ground of improved treatment efficiency, rising disease prevalence in the senescent population base and continuous product innovations.

Geographically, North America and Western Europe together capture the largest market in 2015 and North America is anticipated to maintain its lead throughout the forecast period. Existence of evolved healthcare system, higher patient base and availability of favorable reimbursement policies will remain the chief growth drivers in North America market. On the other hand, Asia Pacific and Latin America are expected to be the fastest progressing regional markets during the forecast period. Prevalence of huge geriatric population in countries such as Japan, India, China, Mexico and others who bear a high risk and incidence of neurological and neurodegenerative diseases and perpetual evolution of healthcare infrastructure in the regions, along with rising awareness about management of these diseases are the key growth drivers in Latin America and Asia Pacific markets.

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Aesthetic Services Market Is Expected To Reach USD 29,343.8 Mn By 2025 - Credence Research

The latest market report published by Credence Research, Inc. “Global Aesthetic Services  Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2017 - 2025,” the aesthetic services market was valued at USD 15,756.0 Mn in 2016, and is expected to reach USD 29,343.8 Mn by 2025, expanding at a CAGR of 6.9% from 2017 to 2025.

Browse the full report Aesthetic Services Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2017 – 2025 report at http://www.credenceresearch.com/report/aesthetic-services-market

Market Insights

According to market experts, field of aesthetic surgery is evolving at a significant rate. Many new and innovative surgical advances are expected to assist the market growth; however, the most rapid growth will be achieved by noninvasive procedures. There is a noticeable development observed with availability of wide range of injectable products as well as novel mechanical devices for noninvasive skin tightening and removal of unwanted fat. It has been also observed that the challenge for the practitioner is not only to keep up with incessant introduction of novel products but also to determine, on a scientific basis, which products and devices can best serve patients, both immediately and long term. 

The overall segmentation of aesthetic services market comprises of type of services such as body contouring and cellulite treatment, liposuction, abdominoplasty, dermal filler and Botox injection, laser hair removal, microdermabrasion, microneedling, chemical peel, hair transplantation, rhinoplasty, breast augmentation, skin tightening, and others (facelift, laser tattoo removal, laser vein treatments, and light therapies). It was observed that, breast augmentation and liposuction services accounted for the largest market share of 43.2% due to rising demand for body feature enhancement services, increasing sedentary lifestyle is fueling the obese population, and increasing geriatric population equipped high disposable capital. However, non-invasive or minimal invasive services are gaining more popularity and demand in aesthetic services market.  The rising demand for dermal and Botox injections and microdermabrasion is expected to drive the overall growth of aesthetic services market in the near future.

In base year 2016, North America accounted for the largest share in terms of revenue due to major factors driving aesthetic services market are high public awareness associated aging signs, high disposable capital owned by baby boomers, highly competitive market with number of service providers, and availability of skilled service providers. According to International Society of Aesthetic Plastic Surgery, in 2015 the country with the highest number of procedures was the United States with 1.4 million surgical and 2.6 million non-surgical procedures. When data of 2015 was compared with 2016 it was observed that cosmetic surgical procedures increased by 4%, compared with minimally invasive cosmetic procedures, which grew by 3%.

Market Competition Assessment:

The aesthetic services market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Human Med AG, Alcon Inc., Biosil Ltd., Cynosure Inc., Genzyme Corporation, Allergen Inc., and Lumentis Ltd. and Others.

Key Market Movements:

• Increasing sedentary lifestyle is fueling the obese population
• Rising demand for minimally invasive aesthetic services
• In developing countries the consumers are still skeptical about some of the products and services being offered but the technical advancements are expected to build trust of customers in the near future
• Technological developments in energy-based devices accompanied with high consumer awareness in expected to assist the market growth

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Fly Ash Market Is Expected To Reach US$ 44.08 Bn By 2025: Credence Research

The latest market report published by Credence Research, Inc. “Fly Ash Market, By Product Type (Class F and Class C), By Application (Cements, Concrete, Roads and Embankments, Minefills, Bricks, Agriculture and Others) and By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global fly ash market was valued at US$ 26.30 Bn in 2016, and is expected to each US$ 44.08 Bn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.

Browse the full Fly Ash Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/fly-ash-market

Market Insights

The global fly ash market is primarily dependent on the growth of the construction industry. The technical advantage such as enhanced long term strength, improved workability and high concrete finish are prominent factors driving the global fly ash market. Furthermore, the production of fly ash requires low amount of water and energy and thus the processing costs are less. This factor propels the global fly ash market to grow at a further extent and generate high revenue for fly ash manufacturers/processors.

The increasing demand from developers and contractors for high speed construction materials and ability to offer creative designs is also expected to drive the consumption of fly ash. The construction industry has to ensure the maintenance and quality of construction.  In such a case, concrete with fly ash offers low maintenance when compared to concrete without fly ash, thus aids in driving the growth of global fly ash market. The strict regulation and international standards such as EU standard BS EN 450 among others plays an important role in trade of fly ash. However, how to fully utilize fly ash is still a challenging issue.

Competitive Insights

The market is highly competitive owing to presence of various players. The market comprises of various small, mid-sized and multinationals. Some of the key players present in this market are CEMEX S.A.B. de C.V., Boral Limited, Power Minerals Ltd, Cenin Limited, Charah Inc., LafargeHolcim Ltd., Tosoh Corporation and Charah Inc.

Key Trends

-  Growth in the Global Construction Industry

-  Increasing Focus on Infrastructure and Road Paving in emerging economies

- Government encourages the use of fly ash

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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Blasting Stemming Plugs Market is Expected to Reach US$ 810.45 Mn by 2025

The latest market report published by Credence Research, Inc. “Blasting Stemming Plugs Market, By End Use and Region - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global blasting stemming plugs market is expected to grow at a CAGR of 4.6% from 2017 to 2025.

Browse the full Blasting Stemming Plugs Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/blasting-stemming-plugs-market

Market Insights

Blasting stemming plugs growth has been driven by new construction, mainly in developing regions where housing ownership and commercial developments are showing strong growth. Blasting stemming plugs are also performing well in a various developed regions where the housing market, mainly new builds, are strong, especially in the U.K., Spain and U.S. Furthermore, the government in various countries has unveiled a new policy to invest in constructing houses, railways, roads, and offices.

Rising demand for coal from the energy and steel sectors is another factor driving the market growth for stemming blasting plugs. Blasting stemming plugs are premium priced – costing three to five times higher than ammonium nitrate and other conventional explosives. The cost constraint has been a major restraint holding back the growth of the blasting stemming plugs market.

In emerging economies, owing to rapid growth in urbanization, increasing population along with growth in disposable income and improving standard of living has boosted demand for a number of residential projects in the last few years.  Thus, rise in number of construction projects is driving the global construction industry, which in turn will augment the demand for blasting stemming plugs market over the forecast period.

Competitive Insights

To maintain their market position manufacturers compete on cost and quality. Some of the major players present in this market are Advanced Blasting Technology, Inc., Paraplug – IMZ, TIME Limited, Peri Nitrates Pvt. Ltd and Stemlock, Inc. among others.

Key Trends

• Rising demand for coal from the energy and steel sectors
• New product launches
• Rising demand from end use industries

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Cholera Vaccines Market Size, Share, Growth Is Expected To Reach US$ 234.5 Mn By 2025

According to the latest market report published by Credence Research, Inc. “Cholera vaccines  Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025” the global cholera vaccines  market was valued at US$ 51.3 Mn in 2016, and is expected to reach US$ 234.5 Mn by 2025, expanding at a CAGR of 15.8% from 2017 to 2025.  

Browse the full report Cholera vaccines Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/cholera-vaccines-market

Market Insights

According to World Health Organization (WHO), there are roughly 1.3 to 4.0 million cholera cases, and 21,000 to 143,000 deaths worldwide each year due to cholera. The burden of cholera remains high globally, particularly in developing countries in Asia and Africa. Cholera prevention and treatment protocols are well established; government initiatives in immunization program is prime factor driving the market growth of cholera vaccines globally. For the purpose of study, the cholera vaccines market is segmented on the basis of product type such as Dukoral, Shanchol, Vaxchora and others; it is estimated that Vaxchora would grow significantly during forecast period because Vaxchora is the only vaccine available in the United States for protection against cholera and the only single dose vaccine for cholera currently licensed anywhere in the world. Centers for Disease Control and Prevention’s (CDC) and Advisory Committee on Immunization Practices (ACIP) recommended the use of Vaxchora in 18 to 64 years of age adults.

North America is expected to grow significantly during forecast period due to government initiatives in treatment and awareness program, higher cost of product and extensive research and development activities are driving the market growth in North America. Centers for Disease Control and Prevention (CDC) recommendation for travelers to cholera-affected regions would assist the market growth in United States. However, Asia Pacific currently dominating the market due to higher number of affected population, rising healthcare awareness and government initiatives in immunization program are fueling the market growth in Asia Pacific.

Market Competition Assessment:

The cholera vaccines market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as Astellas Pharma, Inc., PaxVax, Sanofi, Valneva, Eubiologics and other.

Key Market Movements:

-  Factors such as increasing prevalence of cholera in Asia and Africa, extensive government initiative in immunization program, research and development activities in development of vaccines are expected to drive the growth of cholera vaccines market globally.

-  Vendors in the market are focusing on innovation and technological advances in developing ideal and cost effective cholera vaccine, this would further assist the growth of cholera vaccines market globally.

- However, some factors such as lower healthcare awareness in some countries, may negatively impacting the growth of cholera vaccines market globally.

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Global Benzyl Alcohol Market Is Projected To Reach US$ 282.3 Mn By 2025

According to a new market report published by Credence Research Global Benzyl Alcohol Market- Growth, Future Prospects & Competitive Analysis, 2017 - 2025, the Global Benzyl Alcohol Market is expected to reach US$ 282.3 Mn by 2025, expanding at a CAGR of 4.2% during the forecast period 2017 - 2025.

Browse the full Global Benzyl Alcohol Market by Application and Geography - Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/benzyl-alcohol-market

Market Insights

Benzyl alcohol demand is projected to gain impulse with increasing demand from end use industries. Benzyl alcohol is used in manufacturing of paints, inks, and epoxy resins and as a paint stripper. Growing demand for paints and coating with rapid infrastructural developments in emerging economies such as India, China and Brazil is projected to drive the demand for benzyls alcohol over the forecast period. Further, growth in disposable income of middle class impelling the demand for automobiles which is subsequently fueling the demand for paints and coatings which in turn is driving the demand for benzyl alcohol. Paints and coating application accounts for major share of the global benzyl benzoate market. Thus, growing paint and coating industry is anticipated to drive the demand for benzyl alcohol over the forecast period. Besides this, increasing use of benzyl alcohol as an anti-parasite medication used to treat head lice. It is also used as a common preservative in many injectable drugs. Benzyl alcohol is also finds application in perfumery and flavoring. Thus, growing array of application of benzyl alcohol in various end use industries is projected to drive the demand for benzyl alcohol over the period. However, toxic properties of the benzyl alcohol is expected to discourage the use of benzyl alcohol which in turn projected to hamper the growth of benzyl alcohol market over the forecast period (2017-2025).

Competitive Insights:

Global benzyl alcohol market is segmented on the basis of application and geography. Based on application, paints and coating application segment accounted for the largest share in global benzyl alcohol market. Growing demand for paints and coating due to growing urbanization and infrastructural development along with increasing demand for automobiles is projected to drive the growth of the segment. On the basis of geography, North America was estimated to be the largest market for benzyl alcohol in 2016 and projected to maintain its dominance during the forecast period. Growing demand from end use industries such as paint & coating, pharmaceuticals and personal care industries is projected to drive the growth for benzyl alcohol market. Benzyl alcohol market is mainly dominated by two major players Hubei Greenhome Fine Chemical Co. Ltd. and Emerald Performance Materials. Thus, major player are investing in research and development, merger and acquisition with focus on improve their product portfolio and market penetration.

Overall, global benzyl alcohol market is anticipated to register significant growth over the forecast period (2017-2025).

Key Trends:

-  Merger & Acquisition

-  Investment in R&D

-  Expansion

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Smart Rings Market - Growth, Future Prospects, and Competitive Landscape, 2017-2025

According to a new market research report published by Credence Research “Smart Rings Market (By Technology: Bluetooth and NFC) - Growth, Future Prospects, and Competitive Landscape, 2017-2025”, smart rings market was valued at US$ 1.67 Mn in 2016 and is expected to grow at a CAGR of 18.9% during the forecast period from 2017 to 2025

The complete report is available at http://www.credenceresearch.com/report/smart-rings-market

Market Insights

Modern day electronics have changed the definition of connectivity. Gadgets such as smartphones and wearable devices have opened new avenues in real-time connectivity. In present times, a variety smart wearable are available for multiple applications such as health and fitness tracking, online payments, user identification, access control and information sharing, among others. The smart ring is one such wearable device which has gained popularity in recent times. The demand for smart rings is consistently growing and is expected to grow even further during the forecast period from 2017 to 2025.

Smart rings are swiftly advancing in terms of technology, functionality, and aesthetics. The use of smart rings is on the rise for personal as well as professional utilities. Consequently, the market for the smart rings is expected to demonstrate significant growth in the following years. Manufacturers are coming with the innovative and improved design of smart rings. Integration of advanced electronics and rise of Internet of things (IoT) have aided in the up gradation of existing hardware. In addition, design and development of enhanced smart rings for all current platform including IOS, Android, Blackberry OS, and Windows are one of the key strategies adopted by the smart ring manufacturing companies. Consequently, the range of applications for the rings is expanding even further with continued product enhancement.

The smart rings basically use two technologies to connect with other smart devices. The first smart rings were enabled with Bluetooth connectivity to connect with smartphones. As of 2016, Bluetooth enabled smart rings dominated the overall smart rings market. NFC smart rings offer better connectivity and secure information and data transfer when compared to Bluetooth smart rings. Consequently, the demand for NFC smart rings is expected to grow at a brisk rate in the following years.

Competitive Insights:

Smart rings market is still in its nascent stages and is characterized by a limited number of smart ring manufacturers. Technology up gradation and improving the aesthetic value of the product is one of the prime focus of smart ring manufacturers across the world. Some of the major players in the market include Ringly, Inc., Kerv Wearables Ltd., Shanxi Jakcom Technology Ltd., McLear Ltd., Logbar, Inc., Mota Group, Inc., Fujitsu Ltd., Nimb, Inc., Oura and Moodmetric.

Key Trends:

- Rising trend of wearable devices among consumers

- Growing importance of connectivity and development of innovative devices to connect with smart devices

- Development of alternative methods for online payments, personal identification and access control

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Global Amyotrophic Lateral Sclerosis (ALS) Treatment Market Is Expected To Reach US$ 306.6 Mn By 2025

According to the latest market report published by Credence Research, Inc. “Amyotrophic lateral sclerosis (ALS) Treatment  Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025” the global amyotrophic lateral sclerosis treatment market was valued at US$ 51.04 Mn in 2016, and is expected to reach US$ 306.6 Mn by 2025, expanding at a CAGR of  21.1% from 2017 to 2025.

Browse the full report Amyotrophic Lateral Sclerosis (ALS) Treatment Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 at http://www.credenceresearch.com/report/amyotrophic-lateral-sclerosis-als-treatment-market  

Market Insights

Amyotrophic lateral sclerosis (ALS) is also known as Lou Gehrig’s disease or Maladie De Charcot, it is a neurological disease that causes death of nerve cells that control voluntary muscles. According to National Organization for Rare Disorders (NORD), ALS is a is a rare disorder that affects approximately 30,000 people in the United States, approximately 5,000 new cases are diagnosed each year in the United States. Currently, there is no cure for ALS however, treatments are available to control symptoms and to prevent complications. The U.S. Food and Drug Administration (FDA) has approved only two drugs for the treatment of ALS it includes Riluzole and Edaravone, other medications are prescribe to control ALS symptoms. It is studied that in the base year 2016, Riluzole (Rilutek) was major revenue generating segment because riluzole was the only approved drug for a treatment of ALS, however patent expiry of Rilutek in 2013 has been negatively impacting the ALS treatment market growth. On the other hand, recently approved medication Edaravone (Radicava) expected to show highest growth rate during forecast period due to its applicability and higher cost would drive market growth. Moreover strong pipeline molecule such as AB-1010 (masitinib), Methycobal (mecobalamin), Arimoclomol, CK-2017357 (CK-357, tirasemtiv) would assist ALS treatment market growth during forecast period. It is observed that, in the base year 2016, North America was dominating ALS treatment market in terms of revenue due to the factors such as upsurge in funding by government agencies and private organizations in healthcare system, increase in prevalence of the neurological diseases and higher treatment awareness are fueling market growth in North America. It is anticipated that, Asia Pacific will grow significantly during forecast period due to increasing healthcare awareness, increasing partnership of key players such as Biogen, Avicena, Mitsubishi Tanabe, and Sanofi with local manufacturer, populous countries and developing economic condition would fuel ALS treatment market growth.  

Market Competition Assessment:

The Amyotrophic lateral sclerosis (ALS) market is observed to be highly competitive and comprises large number of players. However, the market is currently dominated by few players such as AB Science, Avicena Group, Biogen, BrainStorm Therapeutics, Covis Pharmaceutical Inc., Cytokinetics Inc., Eisai Co. Ltd., GlaxoSmithKline plc., Ionis Pharmaceuticals, Inc., Mitsubishi Tanabe Pharma Corp., Neuralstem Inc., Neuraltus Pharmaceuticals Inc., Newron Pharmaceuticals S.p.A., Pharnext SAS, Q-Therapeutics Inc. and other.

Key Market Movements:

-  Factors such as increasing treatment awareness, increase in incidence of ALS, strong pipeline molecules, rising geriatric population, favorable reimbursement policies in some countries and expected launch of newer medication would drive the growth of ALS treatment market globally.

- Due to the higher number of unmet needs, manufacturers in the market are focusing on innovation and technological advances in treatment options would further influence the growth of ALS treatment market globally.

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Prebiotics in Animal Feed Market to Reach US$ 494.9 Mn by 2022: Credence Research

According to a new market research report published by Credence Research “Prebiotics In Animal Feed Market (Insulin, Mannan oligosaccharides (MOS), Galacto oligosaccharides (GOS),Fructo Oligosaccharide (FOS) and Other - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”the global prebiotics in animal feed market was valued at US$ 220.3Mn in 2014 and is estimated to expandwith a CAGR of 11.2% from 2015 to 2022.

Browse the full report at http://www.credenceresearch.com/report/prebiotics-in-animal-feed-market

Market Insights

The global market for prebiotics in animal feed is majorly backed by the rise in consumption of meat across the globe. Furthermore, multiple health benefits associated with prebiotics when use in animal feedsuch as better digestion, enhancing animal performance and the immune systemis another factor propelling the demand for prebiotics in animal feed.

During the past decade, due to their therapeutic effects antibiotics have been widely used in livestock diets. Nevertheless, due to concern regarding the usage of antibiotic in animal feed might contribute to an increase of bacterial antibiotic resistance, some countries had restricted the use of some types of antibiotics. In 2006, European Union (EU) has introduced anoverall ban on the usage of antibiotics as feed additives. Thus prebiotics, have emerged as an alternative to antibiotics in animal feed which can not only reduce enteric diseases in livestock animal but also enhance their productivity. Thus, the ban impose on usage of antibiotics in animal feed by many countrieswill also drive the overall market demand for prebiotics in animal feed.

Stringent government guidelines regarding the approval and usage of prebiotics in animal feed coupled up with greater market visibility and shelf space of probiotics is significantly hampering the market growth. However, increasing awareness regarding the health benefits associated with the usage of prebiotics in animal feed is projected to fuel the market demand in the near future.

Competitive Insights:

The global market is highly fragmented due to presence of various multinational and regional players. Therefore, none accounts for significant share of the market pie. The market is characterized by a moderate level of forward and backward integration. Some of the key players present in this market are Beghin Meiji, FrieslandCampina Domo, Cargill Incorporated, Paramus and Abbott Laboratories.

Key Trends:

• Geographical expansion through organic as well as inorganic growth
• Focus on enhancing different product/ ingredients type of prebiotics
• Rising awareness regarding the benefits associated with prebiotics in animal feed will fuel the market growth

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Plastic Welding Equipment Market to Cross US$ 5.50 Bn by 2023: Credence Research

According to a new market research report published by Credence Research“Plastic Welding Equipment Market (Electric Socket, Ultrasonic, Hot Plate, Spin, Hot Gas, Extrusion, Injection, High Frequency, Laser and Others (Induction, Solvent etc.))  - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023”,the global plastic welding equipmentmarket is estimated to expand from US$ 3.96 Bn in 2015 to reach US$ 5.50 Bn by 2023.

The complete report is available at http://www.credenceresearch.com/report/plastic-welding-equipment-market

Market Insights

Plastic welding refers to a process used to join two or more thermoplastic materials (typically semi-finished products) during manufacturing of a given product. The process primarily comprises three steps viz. pressing, heating and cooling. The plastic welding equipment market is majorly driven by the strong demand for plastics across the country. Increasing use of plastic materials across different applications has led to emergence of a strong plastics manufacturing worldwide. Plastic materials have replaced several conventional materials such as steel, wood, glass and others in a wide range of applications ranging from household products to utility infrastructure. Subsequently, it has become essential for manufacturers to provide plastic items that have robust strength and longer life. With further anticipated dominance of plastic materials across various applications, the demand for related plastic welding is estimated to remain strong during the forecast period 2016 - 2023.

Competitive Insights:

The increase in the number of manufacturers and distributors across the globe has ensured a highly competitive market where most manufacturers are struggling to gain meaningful differentiation.The overall market is quite fragmented in nature with existence of several regional players in the market. Emerson Electric Co., Dukane Corporation, Leister Technologies AGand CEMAS Elettra are identified as the leading plastic players operating in the U.S. plastic welding equipment market. Manufacturers including RITMO S.p.A., bielomatikLeuze GmbH + Co. KG, DRADER Manufacturing and Herrmann Ultrasonic are marked as promising and emerging players on account of their strengthening presence across the globe and aggressive product development strategy. Relative low market presence and slow market growth in recent years make 3Axis Development and Seelye Acquisitions laggards and niche players.

Key Trends:

• Enhancement of service portfolio including after sales service, training and workshops
• Strengthening global sales channel in order to maintain and expand the sales
• Focus on specific applications
• Product enhancement with newer and cleaner welding technology

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LATAM RIS and PACS Market to Reach Worth USD 800.2 Mn by 2023 - Credence Research

According to the latest report published by Credence Research, Inc. “LATAM RIS and PACS Market – (RIS Market – Delivery Mode: Cloud based, On-Premise, Web-based, Product Type: Integrated RIS, Standalone  RIS, End-User: Hospitals, Imaging Centers and Other; PACS Market – Product Type: Departmental and Enterprise, Modalities: X-Ray, CT Scan, MRI, PET & SPECT and Ultrasound): Market Growth, Future Prospects and Competitive Analysis, 2016-2023,” the market was valued at USD 4,19.7 Mn in 2015, and is expected to reach USD 800.2 Mn by 2023, expanding at a CAGR of 8.5% from 2016 to 2023.

Browse the full report LATAM RIS and PACS: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 at http://www.credenceresearch.com/report/latam-ris-and-pacs-market

Market Insights                                                  

A radiology information system is a computer system that is aimed to support effective workflow and business analysis in a radiology department. This system helps in managing all the business functions of the department, from patient management, analysis, and inventory control. These systems provide ease of use and are easily accessible. Picture Archiving and Communication System (PACS) facilitates short- and long-term storage, retrieval, management, distribution and presentation of medical images. PACS allows healthcare systems to image management on departmental and enterprise levels. Rapid evolution and adoption of health information technology is supporting the demand for PACS. Growth of this market will be driven by government reforms and initiatives towards healthcare centralization. Penetration of PACS into specialties such as endoscopy and oncology will lead to additional PACS applications and thus market growth. Furthermore, features such as integrated speech recognition and advanced clinical decision support systems will also contribute to expansion of PACS market. The introduction of PACS established a co-dependent relationship between the RIS and PACS. Optimal efficiency for the imaging department occurs when PACS and RIS integration enables seamless information sharing between RIS and PACS.

The geographical segmentation of the LATAM RIS and PACS market comprises countries such as Brazil, Mexico, Argentina, Chile, Columbia, Peru, Central America and Rest of LATAM. Brazil held the largest share in the overall LATAM RIS and PACS market. Brazil has a large healthcare system in both the public and private sectors. Total investments in healthcare in the country reached R$ 72 billion in 2011, according to a research study. Moreover, market leaders in RIS and PACS market are executing merger and acquisition strategy to increase the market penetration in Brazilian market. Columbia is anticipated to be the fastest growing segment in the LATAM RIS and PACS market. According to key market players such as Agfa and Philips, the Colombian healthcare information systems market is primarily being driven by a high level of interest shown by multiple top players in the implementation of integrated healthcare systems. This is compounded by the increasing cost of running healthcare organizations along with other drivers of the Colombia healthcare information systems market such as growing geriatric demographic, a rising number of investments in the Colombia IT healthcare market, and favorable government policies.

The key players operating in the LATAM RIS and PACS market include Fujifilm Teramedica, Inc, Merge Healthcare, McKesson Corporation, Siemens Healthineers, Carestream Health, Inc. The other notable players include Pismeo, Agfa Healthcare, Cerner Corporation, Sectra, Philips Healthcare and Allscripts Healthcare Solutions, Inc. and others.

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Chronic Myeloid Leukemia (CML) Treatment Market is Expected to Reach USD 2,072.0 Mn by 2023 - Credence Research

The latest market report published by Credence Research, Inc. “Global Chronic Myeloid Leukemia (CML) Tretament Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2023,” the chronic myeloid leukemia (CML) treatment market was valued at USD 2,828.9 Mn in 2015, and is expected to reach USD 2,072.0 Mn by 2023, expanding at a CAGR of (3.7%) from 2016 to 2023.

Browse the full report Chronic Myeloid Leukemia (CML) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at http://www.credenceresearch.com/report/chronic-myeloid-leukemia-cml-treatment-market

Market Insights

According to Leukemia Foundation, chronic myeloid leukaemia (CML) is a type cancer that affects the blood and bone marrow. In CML the bone marrow produces too many white cells or granulocytes which gradually crowd the bone marrow, interfering with normal blood cell production. They also spill out of the bone marrow and circulate around the body in the bloodstream. Because they are not fully mature, they are unable to work properly to fight infections leading to a shortage of red cells and platelets that can cause anemia, bleeding and/or bruising. The global prevalence of CML is estimated to be about 70,000 in 2010, 112,000 in 2020, 144,000 in 2030, 167,000 in 2040 and 181,000 in 2050 when it is expected to reach a near plateau prevalence. Market experts suggest that, since last decade exceptional progress was carried out in chronic myeloid leukemia (CML) treatment which led patients more options than ever. Currently existing BCR-ABL inhibitors form the stronghold of CML treatment comprises first-generation imatinib and more effective second-generation BCR-ABL inhibitors nilotinib and dasatinib, with ponatinib and bosutinib having been recently approved for market inclusion. A few published reports exhibit that nilotinib and dasatinib have high efficacy than imatinib in first-line chronic-phase CML (CML-CP), allowing more patients to get effective results, comparatively more rapid responses related with enhanced results. There are alternatives to imatinib for first-line CML-CP experts suggest a great need for comprehensible and precise facts that would aid patients in decision making of suitable treatment. Currently most usage of second- and third-generation therapies occurs in patients which are unable to gain sufficient benefits from Imatinib. However, many market stakeholders consider that the more potent second- and third-generation products have an opportunity to be used more widely – built around an idea that earlier use with these products produces a deeper and a faster response, which could potentially prolong overall survival.

North America was observed as the largest CML treatment due to factors such as rising diagnosis rate in patients suffering from cancer, rising awareness in CML patients related to novel drug treatments and highest yearly treatment price compared to others regions. According to Cancer.net, about 10% of all leukemia is CML. In 2015, around 8,220 people (4,610 men and 3,610 women) in the United States were diagnosed with CML. Most of these were adults, with an average age of diagnosis at 64 years. It is estimated that 1,070 deaths (570 men and 500 women) occurred this year. The American Cancer Society's estimates that in year 2016, about 8,220 new cases will be diagnosed with CML (4,610 in men and 3,610 in women), and about 1,070 people will die of CML (570 men and 500 women). Thus, North America is expected to retain its domination in the near future.

Market Competition Assessment:

The chronic myeloid leukaemia (CML) market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Novartis AG, Bristol-Myers Squibb, Teva Pharmaceuticals Industries Ltd., ARIAD Pharmaceuticals, Inc., Pfizer, Inc., Hospira, Inc., Prism Pharmaceuticals, Incyte Corporation, Bio-Path Holdings, Stragen Pharma SA, Otsuka Pharmaceutical Co., Ltd. and Others.

Key Market Movements:

• Targeted therapy accounted for the largest share of CML treatment market due to high efficiency, increased life expectancy, insurance cover in developed and developing countries, and rising patient’s awareness related to the targeted therapy
• North America was observed as the leading geographical region in chronic myeloid leukemia treatment market due to rising diagnosis rate of chronic myeloid leukemia, market entry of novel targeted drug therapies and organized medical insurance environment
• Currently most usage of second- and third-generation therapies occurs in patients which are unable to gain sufficient benefits from Imatinib

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Inkjet Coder Market to Reach US$ 9.60 Bn By 2023 - Credence Research

According to a new market research report published by Credence Research “Inkjet Coders Market (Technology – Continuous Inkjet Coder and Drop-on-demand Inkjet Coder; Inkjet Ink type – Visible, Invisible) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023”, the global inkjet coders market was valued at US$ 5.77 Bn in 2015 and is projected to reach US$ 9.60 Bn by 2023, expanding with a CAGR of 6.6% through the forecast period 2016 to 2023.

The complete report is available at http://www.credenceresearch.com/report/inkjet-coders-market

Market Insights:

Inkjet coders are among the most revolutionary developments in the dot-matrix format printers. Inkjet coders are non-contact printing coders designed to print batch numbers, date of packaging, time and other such information on variety of end-products/components. The device comprises several ink guns that print the required information by dropping ink onto the desired material. There are two primary types of inkjet coder viz. continuous inkjet and drop-on-demand inkjet coders. Drop-don-demand inkjet printing is further bifurcated into thermal drop-on-demand and piezoelectric drop-on-demand inkjet printers.

The inkjet coder market is highly driven by their superior advantages over the conventional counterparts. The technology in many aspects has emerged superior to laser technology thereby securing higher market growth worldwide. Another major factor fueling the market growth is the rising food & beverages industry globally. Inkjet coders are largely used across the food & beverages industry for marking and coding on food and beverages products and packaging. In addition, pharmaceuticals and consumer & home care product segments are two potential end-users of inkjet coders. With the rising industrial growth across the above mentioned sectors, the market is set to witness significant growth during the forecast period. Nevertheless, high maintenance and costly consumables (ink) are the two major challenges for market growth.

Competitive Insights:

The overall inkjet coder market including market components such as inkjet coding equipment, inkjet ink and other spare parts and accessories is quite fragmented in nature. The rise in the number of manufacturers/suppliers, distributors, and service providers has ensured a highly competitive market where most manufacturers are struggling to gain meaningful differentiation by providing innovative products, inks for specific applications. New product development is identified as a major strategy adopted by the leading players in the overall inkjet coders market. In order to gain a competitive edge over other players, the leading players in the industry are required to invest in research and development activities and expand their product and service offerings. Videojet Technologies, Inc., Domino Printing Sciences Plc. and Markem-Imaje are identified among the leading inkjet coder manufacturers.

Key Trends:

• Development of inkjet coders having small size and high speed coding capacity
• Development of more advanced inkjet inks for security applications
• Strengthening of sales channel worldwide
• Acquisition of other inkjet coding equipment providers in the market
• Inkjet coders for specific industry verticals
• Inkjet printing based on MEMS technology
• Use of optical nanostructures

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VOC Recovery And Abatement Market is expected to reach US$ 714.2 Mn by 2025 - Credence Research

According to a new market research report published by Credence Research, Inc. “VOC Recovery and Abatement Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global VOC recovery and abatement market was valued at US$ 483.8 Mn in 2016, and is expected to reach US$ 714.2 Mn by 2025, expanding at a CAGR of 4.5% from 2017 to 2025.

Browse the full VOC Recovery and Abatement Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/voc-recovery-and-abatement-market

Market Insights

Volatile organic compounds (VOC) recovery units are used to recover vapors of compounds such as natural gas, gasoline and other volatile organic compounds, and store them in a space between the liquid and fixed roof of the storage tanks. Worldwide, government authorities have enforced stringent regulatory norms to limit VOC emission, which is the major factor driving the market growth. Due to high return on investment and low cost of installation, VOCs are widely used in upstream and midstream process. For the downstream process, VOCs are mainly used for petroleum based products. Nevertheless, the demand for VOCs from the downstream process is highly unstable owing to the high cost of installation and fairly matured nature of the market. 

The global VOC recovery market is mainly driven by the rising demand of VOCs in oil and gas industry. The VOC recovery units not only provide substantial ecological benefits but also economic advantages, especially for oil and gas producers. Another economical advantage of VOCs recovery units is that, they can be piped to a stripper unit to separate methane and natural gas liquids (NGLs). This becomes significantly beneficial when price and volume for NGLs are attractive. Due to steadily increasing oilfield activities along with enforcement of stringent regulatory norms to limit VOC emissions by the government authorities has boosted the demand for VOC recovery in Asia in the last few years. In addition, increasing popularity of VOCs recovery units owing to its immense environmental and economic benefits is also contributing towards the market growth.

Due to global oil crisis in recent years, key players are impelled to focus on strengthening their distribution and storage capabilities to minimize losses. Some of the major companies operating in the market include The Linde Group, Anguil Environmental Systems, Inc., Climate Technologies Corporation, DCL International, Inc., Multi Fan Systems Limited, Praxair Technology, Inc., VOCZero Ltd., Wartsila Corporation, Bay Environmental Technology (Beijing) Co., Ltd., Air Products and Chemicals, Inc., Babcock & Wilcox MEGTEC LLC, TANN Corporation, Baker Furnace, Inc., CECO Environmental Corporation, PETROGAS System, Inc., Polaris s.r.l., Air Clear, LLC., Catalytic Products International, Inc., Epcon Industrial Systems LP, and Amcec, Inc.

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

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