Thursday, January 24, 2019

Specimen Validity Test (SVT) Reagents Market is Expected to Reach US$ 1,341.9 Mn by 2025: Credence Research

According to the latest market report published by Credence Research, Inc. “Specimen Validity Test (SVT) Reagents Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025” the global specimen validity test (SVT) reagents market was valued at US$ 832.8 Mn in 2016, and is expected to reach US$ 1,341.9 Mn by 2025, expanding at a CAGR of 5.4% from 2017 to 2025.
Browse the full report Specimen Validity Test (SVT) Reagents Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/specimen-validity-test-svt-reagents-market
Market Insights:
Specimen validity test (SVT) is generally performed on the urine sample for the screening of drugs and its metabolite in order to detect, adulteration or dilution of urine specimen. It is studied that, in the base year 2016, laboratory based screening was major revenue generating segment due to presence of large number of certified laboratories and stringent guidelines to regulate the accuracy and integrity of the laboratories. However, increasing adoption of stricter regulatory guidelines for pre-employment and random drug testing expected to assist on-site screening market growth during forecast period.
Currently, North America is largest revenue contributor in global SVT reagents market; contributing more than 65 percent of total market share. Stringent guidelines have been structured by the government to overcome adulteration of the drug testing specimen is prime contributor in North America SVT reagent market. Presence of large number of industries and growing number of pre-employment and random drug testing at workplace are another factors that assisting the SVT reagents market growth in North America. However, Asia Pacific is expected to show lucrative growth during forecast period due to developing healthcare infrastructure, rising adoption of stringent regulatory guidelines for drug testing and rising number of drug abuse population.
Market Competition Assessment:  
The specimen validity test (SVT) reagents market is currently dominated by two players such as Sciteck, Inc., Thermo Fischer Scientific. However, there are number of specimen validity test performing laboratories are present in North America such as American Screening Corporation, Inc., American Bio Medica Corporation, Geisinger Health System, HireRight, LLC, LabCorp, Mayo Medical Laboratories, Options Lab, Inc., Quest Diagnostics, Inc., Redwood Toxicology Laboratory, SciTest Laboratories, Inc. and Other.
Key Market Movements:
  • Easy availability of adulterants, increase in number of drug abuse population and stringent regulatory guidelines enforced by regulatory agencies are prime factors that are driving the growth of SVT reagent market in North America.
  • Increasing number of partnership of key manufacture with local players in developing countries, rising adoption of stricter regulatory guidelines for drug testing and rising number of drug addicted population would assist SVT reagent market growth during forecast period.
Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Specimen Validity Test (SVT) Reagents Market Snapshot
2.2 Global Specimen Validity Test (SVT) Reagents Market, by Location Type
2.3 Global Specimen Validity Test (SVT) Reagents Market Share, by Geography, 2016 (Value %)
Chapter 3 Specimen Validity Test (SVT) Reagents Market Analysis
3.1 Global Specimen Validity Test (SVT) Reagents Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Challenges
3.2.3 Opportunities
3.3 Attractive Investment Proposition
3.4 Competitive Landscape of Key Players in Specimen Validity Test (SVT) Reagents Market
3.5 Top 3 Countries
Chapter 4 Global Specimen Validity Test (SVT) Reagents Market, by Location Type
4.1 Overview
4.2 Attractive Investment Proposition: Global Specimen Validity Test (SVT) Reagents Market, by Location Type
4.3 On-Site Screening
4.4 Laboratory-based Screening
By Location Type
  • On-Site Screening
  • Laboratory-based Screening
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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Photopheresis Products Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2018 to 2026: Credence Research

The latest market report published by Credence Research, Inc. “Photopheresis Products Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global photopheresis market was valued at US$ 257 Mn in 2017 and expected to reach US$ 418.56 Mn by 2026, expanding at a CAGR of 5.5% from 2018 to 2026.
Market Insights
Photopheresis employs apheresis and photodynamic therapy for treating blood with photosensitizing agent followed by treatment with specified wavelengths of light. In photopheresis, buffy coat (WBC and platelets) is separated from the whole blood and thereafter chemically treated with 8-methoxypsoralen and exposed to ultraviolet-A light. As the prevalence of autoimmune diseases, perpetual research and development activities are being undertaken to devise the most appropriate treatments. Photopheresis is also touted as a promising treatment for treatment of transplant rejection, graft versus host disease, cutaneous T-cell lymphoma and autoimmune diseases.
Browse the full report Photopheresis Products Market - Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  https://www.credenceresearch.com/report/photopheresis-market
Based on product types, the global photopheresis products market is segmented into closed systems and open systems. In 2017, closed systems segment held the largest share in the market due to its evolved technology and growing preference of patients and physicians in employing closed systems for photopheresis treatments. The popularity of closed systems is also attributed to their flexible usage across all the considered therapeutic areas.
Among the considered therapeutic areas namely, autoimmune diseases, graft versus host disease, cutaneous T-cell lymphoma and solid organ transplant rejection, photopheresis finds highest application in autoimmune diseases. Graft versus host disease is observed as the largest segment in 2017 due to factors such as growing allogeneic transplantations, large number of chronic graft versus host disease patients, evolution of diagnostic technologies and consistently growing efforts in research and development activities.
Geographically, North America is the largest regional market for photopheresis. Presence of large pool of autoimmune disease patients, greater awareness in general population, well-structured reimbursement scenario and widespread presence of market incumbents contribute to the dominant position of North America. On the other hand, Asia Pacific is estimated to be the fastest progressing market for photopheresis. Rapidly developing healthcare infrastructure, significantly large patient pool and improving diagnostics front are the key growth drivers of Asia Pacific market.
The global photopheresis market is highly competitive and diversified, characterized by the presence of large number of players. The domination of the key players is subject to their product diversity and core competencies. Some of the major players operating in the global photopheresis market are Terumo Corporation, Malinckrodt Pharmaceuticals, Fresenius Kabi AG, Macopharma, Haemonetics Corporation, and others.
Key Market Movements:
  • High prevalence of autoimmune diseases, and growing number of transplants, supported by evolved diagnostics technologies
  • Increasing awareness about benefits of apheresis and photopheresis
  • Improving reimbursement for autoimmune diseases and organ transplantations
  • Evolving medical tourism industry in Asia Pacific and Latin America
By Type
  • Closed System
  • Open System
By Therapeutic Area
  • Cutaneous T-cell Lymphoma
  • Solid Organ Transplant Rejections
  • Autoimmune Diseases
  • Graft Versus Host Diseases
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
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About Us
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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Name: Chris Smith
Address: 105 N 1st ST #429,
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Boom Trucks Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to a new market report published by Credence Research, Inc., “Global Boom Trucks Market(By Type (Crane-based Boom Trucks (Fixed cab and Swing Cab), and Bucket Boom Trucks), By End-use Application (Construction & Earthmoving, Transportation & Logistics, Utilities, Oil & Gas, Telecommunication, and Others)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025”, the global boom trucks market is expected to witness a growth of 4.5% during the forecast period 2017 - 2025.
Browse the full Global Boom Trucks Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at https://www.credenceresearch.com/report/boom-trucks-market
Market Insights
A boom truck is a utility vehicle used in wide range of projects to lift, load or lower heavy objects. As compared to other lifting equipment, boom trucks offer increased versatility in transporting relatively large payloads from one site location to other at highway speeds. The boom trucks with buckets can also be easily outfitted or adapted to match specific requirements, thereby allowing workers/personnel to reach inaccessible areas conveniently and safely. The set-up of these vehicles is a simple process and they offer man-lift capabilities at a very low cost to height ratio. The multitude of investments made by the governments across the globe in infrastructure projects including power generation, public transport, and chemicals etc. is further expected to drive demand for boom trucks across construction, utilities, and transportation and logistics end-use segments during the forecast period. The advancements in technology coupled with the rise in the number of work applications have encouraged boom truck users to demand customized equipment capable of serving specialized needs across multiple jobsites. Although advancements in technology have led to increased capacities and boom lengths, users are finding the real growth in customized options tailored to meet their unique needs.
On the other hand, the growth of boom trucks market is marred by several challenges. The shortage of truck drivers is one of the biggest concerns. The trend is more prevalent in Triad (the U.S., EU, and Japan) countries. According to a recent research published by American Transportation Research Institute, it was estimated that there was a driver shortage of around 48,000 in 2015 in the U.S., with projections that the shortage could swell to 175,000 by 2025. Furthermore, the boom trucking industry is highly cyclical in nature since it is greatly influenced by changes in the economic conditions. The industry being extremely susceptible to economic expansion and contraction, the manufacturers realize the risk of continuing business with inconsistent profit margins. 
In order to expand their offerings and better penetrate markets, the equipment manufacturers are foreseeing an opportunity to expand their offerings by providing boom trucks and cranes on rental basis. The rental business offers a sound growth opportunity for manufacturers to generate revenue since replacement cycles of boom trucks tends to be around seven years. Availability of fleet of boom trucks on rental basis would allow end-users to use them as and when required.
By Product Type
    • Boom Truck Cranes
      • Fixed Cab
      • Swing Cab
    • Bucket Boom Trucks
By Application
    • Construction & Earthmoving
    • Utilities
    • Transportation & Logistics
    • Oil & Gas
    • Telecommunication
    • Others (Forestry, etc.)
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
Download Free PDF Request for Customization: https://www.credenceresearch.com/request-for-customization/58755
About Us
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.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Alcohol Ingredients Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

The latest market report published by Credence Research, Inc. “Alcohol Ingredients Market, By Ingredients Type (Enzymes, Yeast, Flavors & Salts, Colorants & Others), Beverages Type (Spirits, Beer, Wine and Others) and Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global alcoholic ingredients market was valued at US$ 1,247.8 Mn in 2016.
Browse the full Alcohol Ingredients Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/alcohol-ingredients-market
Market Insights
The global alcohol ingredients market is growing at a rapid pace and is anticipated to attain significant growth over the forecast period. Globally, the demand for alcohol ingredients is on rise, mainly in the beverage industry. The primary factor driving the market growth is the increased consumption of alcoholic beverages worldwide. Rising consumption of alcohol in bars and pubs, along with rise in alcohol consumption amongst young population all over the world is anticipated to intensify the market growth over the forecast period. Furthermore, launch of innovative products in different beverage applications and owing to companies expanding their market presence in various regions are another factors augmenting demand. For instance, in May 2014, Sensient Flavors Europe, strengthened its product line by introducing a new range of natural melon flavors. The line includes five flavors of melon such as Cantaloupe, Galia, Piel de Sapo, Honeydew and Watermelon. The new range was designed for use in alcoholic and non-alcoholic, still and carbonated beverages.
The market for alcohol ingredients is projected to increase in emerging economies such as Asia Pacific owing to increase in expenditure for alcoholic beverages, and the substantial influence of cultures and traditions. Apart from this, rising inclination toward drinks due to escalation in personal disposable income is anticipated to intensify the growth of alcohol ingredients market in Asia Pacific region over the forecast period.
Competitive Insights:
The market is highly competitive owing to presence of various players. The market comprises of various large, medium and small size companies. Further, alcohol ingredients market has witness merger, acquisitions and collaborations by leading players to increase their market penetration which restricts the emergence of new players in the market. Some of the key players present in this market are Cargill, Incorporated, Sensient Technologies Corporation, Archer Daniels Midland Company, and Ashland Inc. among others.
Key Trends:
  • Rise in R & D projects undertaken by manufacturers
  • launch of innovative products
  • Emerging Economies offers huge market potential
By Ingredient Type
  • Enzymes
  • Yeast
  • Flavor & Salts
  • Colorants
  • Other
BY Beverage Type
  • Spirits
  • Beer
  • Wine
  • Others (RTD, Cider, Perry and Premixes)
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
Download Free PDF Request for Customization: https://www.credenceresearch.com/request-for-customization/58240
About Us
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.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Wednesday, January 23, 2019

Oral Thin Film Drugs Market: Global Market Size, Industry Share, Approaches and Forecast 2017-2025: Credence Research

According to the latest report published by Credence Research, Inc. “Oral Thin Film Drugs Market – (Product Type – Oral Thin Film: Sublingual Film, Fully Dissolving Buccal Film); (Type of Indication – Migraine, Schizophrenia, Alzheimer’s Disease, Nausea & Vomiting, Opioid Dependence and Others): Growth, Future Prospects and Competitive Analysis, 2017-2025,” the market is expected expand at a CAGR of 8.9% from 2017 to 2025.
Browse the full report Oral Thin Film Drugs Market  Growth, Future Prospects and Competitive Analysis, 2017-2025 report at https://www.credenceresearch.com/report/oral-thin-film-drugs-market
Market Insights
Oral thin films are thin, flexible films of drug delivery that dissolve in the oral mucosa resulting in the rapid onset of action and improved bioavailability for drugs. The oral thin film are mostly used for the geriatric, pediatric and bedridden patient who are unable to intake the solid form of the drug. The pharmaceutical companies are carrying out tremendous R&D to switch their existing drugs in the fast dissolving oral thin films drugs. As per statistics, 4 out of 5 patients prefer orally disintegrating dosage forms over conventional solid oral dosages forms. Moreover, the application of oral thin films are not limited to buccal systems, but also expands in the applications of gastroretentive and sublingual delivery systems. In terms of indication the oral thin film drugs market is segmented as migraine, schizophrenia, Alzheimer’s disease, nausea & vomiting, opioid dependence and others. The pharmaceutical industry is focusing its interest in shortening drug development timelines and efficient drug delivery platforms. Moreover, there is an increasing demand for efficient drug delivery technique as well as convenience in the transportation of the drug which has fuelled the oral thin film drugs market in the recent past. Based on the type of products, the oral thin film drugs market is segmented into sublingual film and fully dissolving buccal film. The sublingual film held the largest share in the oral thin film drugs market due to the ease of consumption and its effectiveness as it provides rapid dissolution of the drug without the intake of water and rapid onset of action when delivered orally.
Geographically, North America was observed as the largest regional segment in the oral thin film drugs market. U.S. led the North America oral thin film drugs market, accounting for more than 80% of the market share due to advanced technologies used in the pharmaceutical research and development for the discovery of novel drug delivery technique. Moreover, rising demand for efficient drug delivery route and its acceptability in the region would further drive the oral thin film drug market in the future. Asia Pacific is anticipated to exhibit highest growth rate during the forecast period due to favorable regulation, growing awareness among the masses and introduction of novel products leading to the growth of healthcare infrastructure which would boost the demand for oral thin film drugs in the region.
Market Competition Assessment:
The oral thin film drugs market currently have comprises number of players operating in the market such as Monosol Rx, Tesa Labtec GmbH, Pfizer, Inc., Novartis AG,  Solvay, Allergan plc, IntelGenx and others currently operating in the market.
Key Market Movements:
  • The pharmaceutical industry is focusing its interest in shortening drug development timelines and efficient drug delivery platforms.
  • Thin film oral drugs make is it easy to swallow drugs without water, especially for pediatric, geriatric and neurodegenerative patients, where conventional drug delivery is difficult.
  • Aggressive research and development has resulted in the strong pipeline of the oral thin film drugs which would drive the market during the forecast period.
By Production
  • Oral Thin Film
  • Sublingual Film
  • Fully Dissolving Buccal Film
By Indication
  • Migraine
  • Schizophrenia
  • Alzheimer’s Disease
  • Nausea & Vomiting
  • Opioid Dependence
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
Download Free PDF Request for Customization: https://www.credenceresearch.com/request-for-customization/58781
About Us
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.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
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Latest Report on “Wind Turbine Market” Size, Growth will experience a noticeable growth during the forecast period 2017 to 2025

According to a new market report published by Credence Research “Global Wind Turbine Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the Wind Turbine market volume (installed capacity) is expected to reach over 104.6 GW by 2025, expanding at a CAGR of 7.5% from 2016 to 2025
Market Insights
The wind turbines are primarily utilized to convert kinetic energy of wind into usable electrical energy. Wind turbines are specifically calculated, using a range of computer modelling techniques, to harness the wind energy that occurs at a particular location. The respective governments of countries in all the regions, globally, offer benefit schemes to the power generators utilizing renewable source. The auctions of combined space, machinery installations in the feed-in tariffs falling under renewable portfolio are supported by the governments. The government also provides tax credits and financial support for the plant (wind farm) set up. Wind power has the preferential grants access globally. The additional cost for management of grid, which may result in wind variability, are usually not recognized by the generators of electricity through wind turbines. The cost of wind power is below the cost of fossil and nuclear power generation.
On the basis of application, the global wind turbine market is segmented into onshore and offshore applications. Offshore wind farm construction is given more impetus on due to a fact that wide, open spaces are available with maximum wind force enough for the turbine blades to continuously rotate and virtually no obstacles. The government encourages and provides desired financial assistance in wind power construction and installation, globally. The additional cost for grid management are usually not borne by the wind generators. The cost of wind power is below the cost of fossil and nuclear power generation.
On the basis of turbine capacity, the wind power market is segmented into: Up to 1 MW, 1-3 MW, 3-10 MW, and 10 MW and above. The maximum capacity turbine commercially functional today is 7.5 MW. However, China, Germany and few other European countries have developed commercially viable turbines of 10 MW and above capacities. The ongoing projects with high capacity turbines are expected to be connected to the grid by 2020. Major wind farms globally utilize up to 7.5 MW wind turbines, for offshore operations. However, some countries from the Asia Pacific (China, Australia) and European (Germany and France) regions have projects which are expected to utilize high capacity turbines with capacity up to 15 MW, for offshore operations. The onshore wind turbines capacity ranges from 5kW to 15 MW which are under operation. These high capacity wind turbines require specific conditions which is available in select regions. Major wind turbine users are now focusing more on high capacity wind turbines to reduce the wind farm size, corresponding land utilization.
Global wind turbine market is segmented by geography into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2016, Asia Pacific led the global wind turbine market and was followed by Europe and North America. Together, the regions accounted a little more than 90% share of the global market.
The key turbine manufacturers, developers, suppliers and service providers are, but not limited to: ACCIONA S. A, DNV-GL, Envision Energy, Iberdrola Renewables LLC, LM Wind Power, SUZLON Ltd., Vestas Wind Systems A/S, Siemens-Gamesa Renewable Energy Systems Ltd., ReNew Power Ventures Pvt. Ptd., HUNTSMAN International LLC, PNE Wind AG, NEXANS S.A, MAN Engines, Ventus Wind Turbines, Inc., and Pentagonia Renovables.  
Key Trends:
  • Wind deployment continues to be dominated by onshore wind power in terms of volume, supported by continual cost reductions
  • There is ongoing research and development to modify the fundamental design of wind turbines, in order to bypass some of the limitations and environmental concerns of conventional HAWTs (Horizontal Axis Wind Turbines) and VAWTs (Vertical Axis Wind Turbine).
  • World wind power cumulative generation capacity has reached 486 GW at the end of 2016, around 7.5% of total global power generation capacity. A record of 54.6 GW was added in 2016.
Target Audience
  • Industry Investors
  • Wind Turbine Manufacturers
  • End User Industries
By Turbine Capacity
  • Up to 1 MW
  • 1-3 MW
  • 3-10 MW
  • 10 MW and Above
By Application
  • Onshore
  • Offshore
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
Download Free PDF Request for Customization: https://www.credenceresearch.com/request-for-customization/58789
About Us
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.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Intragastric Balloons Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2017 to 2025: Credence Research

According to the latest report published by Credence Research, Inc. “Intragastric Balloons Market - Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global intragastric balloons market was valued at US$ 120 Mn in 2015, and is expected to reach US$ 248 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025.
Browse the full report Intragastric Balloons Market - Growth, Future Prospects and Competitive Analysis, 2017–2025 report at https://www.credenceresearch.com/report/intragastric-balloons-market
Market Insights                                                  
Intragastric balloons are devices made with biocompatible silicon and is placed inside the stomach for capacity reduction. . Compressed balloons are placed in the stomach through a non-invasive endoscopic procedure which is filled with saline due to which the patient feels fuller sooner and longer and makes less room for food. These balloons can be withdrawn once they are no longer required due to the risk of rupture after 6 to 7 months.
In 2015, according to the OECD data, 19.5% of the adult population was obese. For adults, WHO defines that obesity is a body mass index (BMI) greater than or equal to 30 and most of such population is from emerging countries. This phenomenon can boost the demand for obesity treatments. With advancement in technology and availability of better treatments for obesity, and speedy increase in obese and overweight population, the demand for safer and temporary treatment solutions such as non-invasive endoscopic intragastric balloons treatment is set to grow. Upward trend in the growth rate of the overweight and obese population in adults and children reveals the powerful influence on the market. Moreover, advancement in technology, and regulatory aspects of the market are further enhancing the intragastric balloons market. In 2011-2014, according to the CDC data, the prevalence of obesity was 36% among U.S. adults and 17% in youth. Growing incidence rate of obesity among adults and young age is one of the main factor boosting the market growth.
On the basis of application areas, the global market of intragastric balloons is segmented into single balloons, double balloons, and triple balloons. Advancement in technology and growing incidence of obesity in adults, better patience consciousness and increase in disposable income in the emerging countries would further boost the acceptance of intragastric balloons.
Geographically, the global intragastric balloons market is studied for North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America currently leads the global market in terms of revenue share and it is expected that the region will retain its dominance during the forecast period. However, the dominance of North America will be prominently challenged by Europe and Asia Pacific market. The demand for advanced treatment for obesity has exponentially increased in Asia Pacific due to growth in healthcare expenditure, disposable income and rapid proliferation of healthcare infrastructure. Furthermore, countries such as Brazil, Mexico, China, and India will open additional opportunities for market penetration to key companies already having a stronghold in developed regions.
By Application
  • Single Balloons
  • Double Balloons
  • Triple Balloons
  • Others
By Usage Area
  • Hospitals
  • Ambulatory Centers
  • Private Clinics
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • Latin America
Download Free PDF Request for Customization: https://www.credenceresearch.com/request-for-customization/58845
About Us
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.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
Ph.: 1-800-361-8290

Cancer Biomarkers Market is Expected to Reach USD 30,284.5 Mn by 2025: Credence Research

The latest market report published by Credence Research, Inc. “Global  Cancer Biomarkers Market  - Growth, Share, Opportunities, Competiti...