Nitrile Butadiene Rubber (NBR) Market Size, Trends, Growth, Share, Opportunities and Forecast by 2025

The global nitrile butadiene rubber (NBR) market is expected to reach USD 2.59 billion by 2025, growing at a CAGR of 3.3%, according to a new report by Grand View Research, Inc. Asia Pacific is expected to provide ample scope for the industry growth of NBR by the end of 2025. China, India, and Southeast Asian countries are likely to reflect a strong growth scenario in the future.

NBR is one of the versatile synthetic rubbers that is highly consumed in high end applications, which require the product to be highly sustainable to varying operational and climatic conditions. This makes the product suitable for use in a wide array of industries.

NBR demand in China and India is expected to be driven by significant industrial developments of key end-use sectors in the region including automotive & transportation, metallurgy & mining, oil & gas, equipment & machinery, and medical sectors. These recent developments have propelled the requirements of mechanical goods such as cables, belts, gaskets, and seals.

Rise in the consumer disposable income and purchasing power in ASEAN countries including Indonesia and Thailand, has led to a rapid growth of the automotive industry as well as a strong increase in aftermarket activities. Moreover, increase in the healthcare expenditure in these countries is another key factor that is expected to boost the consumption of nitrile gloves by 2025.

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Further key findings from the report suggest:

• In terms of volume, the seals & O-rings segment is expected to rise at a CAGR of 2.9% from 2017 to 2025. This category is expected to generate a market revenue of nearly US$ 491.3 million by the end of the forecast period.
• Consumption of nitrile gloves is estimated to increase at the fastest growth rate over the years ahead, as a consequence of significant product utilization in the healthcare & hygiene sector
• Wide production expanse particularly in China and India is likely to drive the NBR consumption in mechanical engineering applications including vibration dampening materials, impact machinery, pumps, hydraulic equipment, and compressors
• Europe accounted for the second-largest revenue share of over 20.0% of the global market in 2016. CIS countries mainly Russia, are likely to witness fast paced industry growth owing to significant use of hoses, and seals & O-rings in the oil & gas sector.
• Companies are aiming to strengthen their positions in the global industry through acquisition, technology licensing, and collaborations
• In June 2014, Sinopec Corp jointly ventured with SIBUR, a Russian petrochemicals and gas processing company for the construction of a nitrile rubber plant with an annual production capacity of 50 kilo tons at the Shanghai Chemical Industry Park, Shanghai

Biopharmaceutical Excipients Market Analysis, Size Forecasts, 2025: Grand View Research, Inc.

The global biopharmaceutical excipients market size is expected to reach USD 2.7 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.08% over the forecast period. Rapid expansion of the biopharmaceutical industry due to increasing manufacturing capacities is one of the key driving force of this market. Rise in the number of protein therapeutics coupled with the presence of a substantial number of excipients to protect these proteins from degradation is also driving the market growth.

Investigational studies that are implemented for the impact analysis of excipient variability on in vitro dissolution testing are expected to reduce the attrition rate of final products and increase the reproducibility. These studies help scientists in gaining insights on the in vivo functioning and pharmacodynamic analysis of large molecules. The market exhibits continuous need of innovative excipient technologies to prolong the in vivo effectiveness of biologics and for improvement in the product delivery. Moreover, extensive R&D for the development of raw materials that help improve yields in mammalian cell-culture processes is expected to drive the market in future.

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Further key findings from the study suggest:

• Easy availability and wide usage of dextrose, sucrose, and starch in biopharmaceutical formulations has resulted in the largest revenue share of carbohydrates
• Polyols is expected to be the fastest-growing product segment in the global biopharmaceutical excipients market
• This can be attributed to increasing concerns regarding protein degradation, which can be reduced by using polyols
• North America led the global market in 2017 accounting for the largest revenue share as a result of the presence of key biopharmaceutical manufacturers in U.S.
• Emerging markets, such as India and China, are projected to be driven by the contract manufacturers operating in these regions
• Some major biopharmaceutical excipient suppliers are Merck KGaA; Roquette; Clariant; DFE Pharma; SPI Pharma, Inc.; and JRS Pharma LP
• Most of these companies are engaged in establishing partnerships with biopharmaceutical manufacturers to understand their needs and develop raw materials specific to the process and end-product

Grand View Research has segmented the global biopharmaceutical excipients market on the basis of product and region:

Biopharmaceutical Excipients Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

• Solubilizers & Surfactants/Emulsifiers
  • Triglycerides
  • Esters
  • Others
• Polyols
  • Mannitol
  • Sorbitol
  • Others
• Carbohydrates
  • Dextrose
  • Sucrose
  • Starch
  • Others
• Specialty Biopharmaceutical Excipients/Others

Fractional Flow Reserve Market Growth Analysis, Opportunities and Forecast by 2025

The global fractional flow reserve market size is expected to reach USD 1,080.3 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 10.5% during the forecast period. Widening base of cardiovascular diseases coupled with mounting cases of diabetes in developed as well as developing economies is escalating the growth of the market. Additionally, launch of novel devices in fractional flow reserve (FFR) market such as guidewires and monitoring systems are also anticipated to aid market growth. For instance, in October 2017, GE Healthcare and Medis, a Dutch based imaging software provider entered into a collaborative agreement in an attempt to increase clinical availability of image-based fractional flow reserve technology, offered by Medis.
Moreover, consolidation activities, such as acquisition of St. Jude by Abbott in 2017 in order to increase its foothold in the cardiovascular devices market, is likely to keep the market highly competitive and thereby, augur well for the overall market.


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Further key findings from the report suggest:

• FFR monitoring systems accounted for significant share of about 54.0% in 2018, owing to extensive usage in single and multiple vessel CAD
• FFR guidewires are expected to witness a higher CAGR over the forecast period due to increase in fractional flow reserve procedures conducted globally
• North America was the leading revenue contributor in the market in 2018. The growth can be attributed to increased investments in R&D by medical device companies
• The Asia Pacific FFR market is anticipated to experience noteworthy growth due to rising healthcare spending and increasing diabetes incidence in countries such as China and India
• Some of the key companies operating in the market are OPSENS Medical, Abbott Laboratories, Boston Scientific, and Bracco S.p.A.
• Industry participants are engaged in extensive research activities to develop novel FFR products for diagnosis of cardiac disorders.

Grand View Research has segmented the global fractional flow reserve market on the basis of product, application, and region:
Fractional Flow Reserve Product Outlook (Revenue, USD Million; 2014 - 2025)

• FFR guidewires
• FFR monitoring systems

Fractional Flow Reserve Application Outlook (Revenue, USD Million; 2014 - 2025)

• Multi-vessel coronary artery disease
• Single-vessel coronary artery disease

Protein Supplements Market Shares, Growth and Opportunities Forecasts, 2025: Grand View Research, Inc.

The global protein supplements market is expected to reach USD 21.5 billion by 2025, growing at a CAGR of 6.3% according to a report by Grand View Research, Inc. The growing demand for sport nutritional supplements and rising health awareness is expected to drive the industry growth.
Factors, such as increasing demand for supplements & natural prevention, rising usage of snack-based meal replacements, and growing consumer demand for greater ingredient traceability & authenticity, are expected to augment the industry size. Rising awareness about the benefits of including healthy diet & exercise and the growing demand for higher protein density in mainstream diet is expected to create immense market potential.

Protein powder was the prominent product segment in 2016 and accounted for 64.5% of the overall revenue owing to an increase in the demand for these products from athletes, body builders, and casual exercisers.
Ready-to-drink (RTD) product segment is expected to witness the fastest growth at a CAGR of 7.0% from 2017 to 2025 on account of rising demand for sports nutritional supplements coupled with easy and readily available supplements.

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Further key findings from the report suggest:

• Soy proteins are expected to witness steady growth at a CAGR of 5.8% from 2017 to 2025 owing to its low cost and rising usage in functional foods
• Plant-based products are expected to display fastest growth at a predicted CAGR of 7.9% from 2017 to 2025 due to various health benefits offered including lower risk of heart disease, reduced risk of type 2 diabetes, and protection against weight gain
• In terms of revenue, protein bar segment, was valued at USD 1.44 billion in 2016 and is projected to show gains on account of growing consumer inclination toward healthy snacking including protein & bite sized snacks and rising living on the go trends.
• Major players in the market include Glanbia Plc; AMCO; QuestNutrition; NOW Foods; NBTY; MusclePharm Corp; Abbott Laboratories; CytoSport; IOVATE; Transparent Labs; JYM Supplement Science; RSP Nutrition; Nutrabolt; Dymatize Enterprises LLC; BPI Sports LLC; and GNC
• In September 2014, Glanbia plc acquired Isopure, a U.S.-based premium sports nutrition products manufacturer for USD 153 million to consolidate its position in the market
• In December 2014, IOVATE Health Sciences International Inc. formed strategic a collaboration with Xiwang Foodstuffs Co., Ltd. to accelerate the company’s growth in China

Grand View Research has segmented the global protein supplements market on the basis of raw material, source, product, distribution channel, application, and region:
Raw Material Outlook (Revenue, USD Million; 2014 - 2025)

• Whey
• Casein
• Soy
• Pea
• Others

Source Outlook (Revenue, USD Million; 2014 - 2025)

• Animal Based
• Plant Based

Product Outlook (Revenue, USD Million; 2014 - 2025)

• Protein Powder
• Protein Bar
• RTD
• Others

Embedded Systems Market Size, Trends, Growth, Share, Opportunities and Forecast by 2020

The global embedded systems market is expected to reach USD 214.39 billion by 2020, according to a new study by Grand View Research, Inc. Favorable regulatory scenario for installation of smart devices such as smart meters is expected to drive global embedded system demand over the forecast period. Growing adoption and evolution of the Internet of Things (IoT) driven by technological advancement is also expected to fuel the industry over the next six years.

Increasing demand for end-use industries such as healthcare and consumer electronics is expected to positively impact the embedded systems market. Key requirements for an efficient embedded system include high degree of reliability and responsiveness as well as low cost, since these devices are embedded in safety critical systems. Decreasing prices of microcontrollers, which are a key component of embedded hardware, is expected to give impetus to the market in the coming years.

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Further key findings from the study suggest:

• Embedded hardware is expected to remain the dominant product segment and accounted for 93.8% of the global market in 2013. It includes Digital Signal Processors (DSP), microprocessors as well as microcontrollers. Embedded software is expected to grow at the fastest rate of 8.1% from 2014 to 2020.

• Automotive is expected to continue leading the global market; the segment accounted for 20.8% of the overall market share in 2013. This can be attributed to the high electronic content in automotives coupled with growing focus on Hybrid Electric Vehicles (HEV) for energy efficiency. The market for healthcare applications is expected to be the fastest growing, at a CAGR of 7.1% from 2014 to 2020.

• North America accounted for over 34% of the global market in 2013, and is expected to remain the largest regional market over the next six years. The market in Asia Pacific is marked by the presence of semiconductor fabrication plants such as the Taiwan Semiconductor Manufacturing Company (TMSC); the region also comprises a significant number of skilled professionals. As a result, the market in this region is expected to grow at a CAGR of 6.7% from 2014 to 2020, faster than the global average.

• Companies operating in the global embedded systems market offer embedded software development as well as hardware such as microcontrollers and microprocessors. Key industry participants include Renesas Electronics, Intel Corporation, Freescale Semiconductor, Infineon Technologies, Atmel Corporation and Samsung Electronics among others.

Grand View Research has segmented the global embedded systems market on the basis of product, application and region:

Embedded Systems Product Outlook (Revenue, USD Billion, 2012 - 2020)

• Embedded Hardware
• Embedded Software

Artificial Intelligence Market Size, Trends, Growth, Share, Opportunities and Forecast by 2025

The global artificial intelligence market is expected to reach USD 35,870.0 million by 2025 from its direct revenue sources, growing at a CAGR of 57.2% from 2017 to 2025, whereas it is expected to garner around USD 58,975.4 million by 2025 from its enabled revenue arenas, according to a new report by Grand View Research, Inc.

Artificial Intelligence (AI) is considered to be the next stupendous technological development, alike past developments such as the revolution of industries, the computer era, and the emergence of smartphone technology. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base. Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The AI market can be categorized based on solutions, technologies, end use, and geography.

The two major factors enabling market growth are emerging AI technologies and growth in big data espousal. The growing prominence of artificial intelligence is enabling new players to venture into the market by offering niche application-specific solutions. Furthermore, companies are also engaging in industry consolidations in a bid to gain competitive advantages. For instance, in January 2017, Microsoft Corporation acquired Maluuba for advancing in the deep learning and Artificial Intelligence (AI) landscape. Existing solution providers are innovating their product portfolio to include both hardware and software solutions.

The Asia Pacific regional market is expected to be the fastest-growing market, owing to the rapid improvements in information storage capacity, high computing power, and parallel processing, which have contributed to the swift uptake of artificial intelligence technology in end-use industries such as automotive and healthcare.

AI has the potential to reduce the burden on clinicians and provide an efficient tool to workforces for accomplishing their tasks in a better way. For instance, AI voice-enabled symptom checkers can better access a situation and assist patients to the emergency department when immediate treatment is required. AI is expected to resolve around 20% of unmet healthcare demands.

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Further key findings from the report suggest:

• Growth in the volume of data being generated from different end-use industries is expected to provide traction to the technology adoption
• The increasing adoption of image and pattern recognition in the Asia-Pacific region is expected to provide new growth opportunities over the forecast period.
• The North America region is one of the early adopters of advanced technologies and renders organizations to adopt artificial intelligence capabilities at a faster pace.
• The increasing amount of digital data (in the form of speech, videos, and images, from different social media sources such as IoT and consumer analytics) is driving the need for data mining and analytics. AI is extensively used by several media and online services such as Google Assistant, dialogue and voice recognition of Siri, Microsoft Cortana, image classification in Facebook & Google Photo, and Amazon’s Alexa.
• The key industry participants include Atomwise, Inc., Lifegraph, Sense.ly, Inc., Zebra Medical Vision, Inc., Baidu, Inc., H2O ai, IBM Watson Health, NVIDIA, Enlitic, Inc., Google, Inc., Intel Corporation, and Microsoft Corporation.​​​​​​​

Meat Processing Equipment Market Industry Size, Share, Opportunities and Forecast by 2025

Meat Processing Equipment Market Report By Product (Slicing, Blending, Smoking, Dicing, Grinding, Massaging & Marinating, Tenderizing), By Meat Type (Beef, Mutton, Pork), And Segment Forecasts, 2018 - 2025

The global meat processing equipment market size is expected to reach USD 16.22 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.2% during the forecast period. Rising demand for processed meat products owing to changing eating habits is anticipated propel industry growth over the forecast period.

Increasing purchasing power of buyers owing to rising per capita income is expected to boost industry growth. In addition, factors such as growing number of slaughterhouses, improved packaging strategies, and introduction of a number of ready-to-eat meals are expected to benefit market growth.

Notable investments by companies in order to improve processing technology is presumed to increase equipment sales. Increasing focus of companies on developing technology to improve product safety and quality and increase productivity is also expected to boost demand for advanced processing equipment.

High demand for animal proteins owing to rising awareness regarding health benefits is expected to boost demand for such products, which in turn is expected to fuel growth. Manufacturers in the market generally manufacture standardized equipment due to usage of standard processing procedures for a particular type of meat and to gain desired output.

Manufacturers in the industry are involved in product distribution through direct sales to economies they are operating in. In addition, they operate in international markets either through manufacturing locations established by them or through third-party distribution channels.

Further key findings from the report suggest:

• By product, slicing equipment is expected to register a CAGR of 6.2% from 2018 to 2025, owing to development of integrated machines that weigh, slice, and package meat through a single operation
• By type of meat, pork processing equipment is estimated to be the fastest growing segment with a CAGR of 6.9% from 2018 to 2025, owing to increasing consumption of processed pork products, coupled with declining cost of the meat
• The market in Asia Pacific is expected to reach a value of USD 4.21 billion by 2025 on account of growing population and increasing consumption of meat products in the region
• The global industry is characterized by presence of large number of players with localized operations and additional distribution chains in order to cater to the demand across international markets.

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Grand View Research has segmented the global meat processing equipment market report on the basis of product, meat type, and region:

Meat Processing Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)

• Slicing
• Blending
• Dicing
• Grinding
• Massaging & Marinating
• Smoking
• Tenderizing
• Other

Meat Processing Equipment Meat Type Outlook (Revenue, USD Million, 2014 - 2025)

• Beef
• Mutton
• Pork
• Other Meats

Cosmetic Implant Market Size, Trends, Growth, Share, Opportunities and Forecast by 2020

Global Cosmetic Implants Market is expected to reach USD 9.29 billion by 2020, according to a new study by Grand View Research, Inc. Increasing demand for aesthetic procedures coupled with rising healthcare expenditure levels is expected to serve this market as a high impact rendering driver during the forecast period. Emergence of technologically advanced products such as the two form-stable silicone gel breast implants and hyaluronic acid facial filler is also expected to assist market growth. According to estimates published by the American Society of Plastic Surgeons in 2013, residents of the U.S. spent nearly USD 7.0 billion in cosmetic surgical procedures. Most of these procedures (approximately 40.0%) were undertaken by consumers belonging to the age group of 35 years to 50 years. Moreover, the fact that the country is rapidly aging and has a large base of population pertaining to this age group is expected to present manufacturers with lucrative future growth opportunities.

Rising prevalence of breast cancer and growing number of awareness programs such as the Breast Reconstructive Awareness Campaign are expected to encourage women to undergo reconstructive surgeries. Lack of appropriate reimbursement policies supporting cosmetic surgical procedures is expected to impede market growth over the next six years.

Further key findings from the study suggest:

• Dental implants were the highest revenue generating application area in 2013 owing to factors such as increasing consumption of junk food and aerated beverages which lead to a rise in prevalence of tooth decay and other dental disorders.
• North America held over 40.0% of the cosmetic implants market in 2013. High economic development and the presence of sophisticated healthcare infrastructure are key factors attributing to its large market share. Presence of high awareness and disposable income levels and changing lifestyle habits are also expected to drive regional market growth over the next six years.
• Facial Implants are expected grow at a lucrative rate during the forecast period owing to increasing popularity of celebrities, who in turn motivate younger generation to look aesthetically appealing. Furthermore, the fact that these surgical procedures are precise and entail almost no side effects is expected to boost usage rates during the forecast period.
• Asia Pacific is expected to provide manufacturers with profitable growth opportunities over the next six years. Rapidly developing healthcare infrastructure and rising patient awareness levels are some key factors accounting for its market attractiveness.  
• Key players analyzed in this study include 3M Health Care, Allergan, Inc., GC Aesthetics, Aesthetic and Reconstructive Technologies Inc.    

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Grand View Research has segmented the global cosmetic implants market on the basis of product and region:

Global Cosmetic Implants Application Outlook (Revenue, USD Million, 2012 - 2020)

• Breast Implants
• Dental Implants
• Facial Implants
• Others

Global Cosmetic Implants Raw Material Outlook (Revenue, USD Million, 2012 - 2020)

• Ceramics
• Polymers
• Metal Implants
• Bio Material

Radiation Detection, Monitoring & Safety Market Growth Analysis, Opportunities and Forecast by 2024

The radiation detection, monitoring & safety market is expected to reach USD 1.6 billion by 2024, according to a new report by Grand View Research, Inc., given the contentious nature of radioactive material, employed in varied spheres including consumer products, such as fluorescent lamps and radio luminous products, and in the field of nuclear medicine, there is an urging need for caution in their use.
Dosimeters that furnish radioactivity measurements serve as effective tools to maintain prescribed levels, laid down by international authorities. As a consequence, a high demand for these measuring instruments is anticipated and consequentially, the radiation detection, monitoring, and safety market is set to witness profitable growth.
Furthermore, increasing adoption of radioactive material in manufacturing industries combined with the rising awareness of radiation safety is anticipated to provide this market with lucrative growth opportunities in near future.

Increasing adoption of protective gear is a major growth booster for safety devices market, thereby propelling growth of overall industry. the protective gear considered in the segment hand and face protection comprised of eyewear, face masks, gloves, and attenuating sleeves. The need for safety wear arises due to the deleterious effects associated with exposure to ionizing rays, which at best, include burns and at worst, cause cancer as a result of genomic damage. The full body protection devices are more used owing to effective coverage of the entire body, shielding work personnel from long-term radioactive emission exposure and the high-cost attached to these protective garments.

Further key findings from the study suggest:

• The area process monitors category of the product segment is expected to grow at a lucrative CAGR of above 6.0% owing to the wide range of commercially available solutions for varied purposes that include iodine monitors, irradiation monitors, spectroscopic monitors, and environmental monitors
• The hospitals category in the end-use segment is anticipated to exhibit at a significant pace, owing to the rising adoption of cancer diagnostics
• The industry players are adopting strategies, such as technological innovation initiatives, new product launches, and collaborations including mergers and acquisitions to capitalize on their industry share

• The scintillators segment falling under the detection type category is anticipated to grow at a significant CAGR, attributable to applications in non-destructive inspection, security, astrophysics, mineral resource hunting, and nuclear medicine
• The face and hand protection safety type segment is anticipated to grow substantially, due to the need for safety measures where radioactive emissions are involved

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Grand View Research has segmented the radiation detection, monitoring and safety market on the basis of product, detection type, safety type, end-use, and region:
Global Radiation Detection, Monitoring & Safety Product Outlook (Revenue, USD Million, 2013 - 2024)

• Personal Dosimeters
• Area Process Monitors
• Environmental Radiation & Surface Contamination Monitors
• Radioactive Material Monitors

Global Radiation Detection, Monitoring & Safety Detection Type Outlook (Revenue, USD Million, 2013 - 2024)

• Gas-filled Detectors
• Scintillators
• Solid-state Detectors

Global Radiation Detection, Monitoring & Safety Type Outlook (Revenue, USD Million, 2013 - 2024)

• Full-body Protection
• Face & Hand Protection
• Others

Global Radiation Detection, Monitoring & Safety End-use Outlook (Revenue, USD Million, 2013 - 2024)

• Hospitals
• Non-hospitals

Industrial Robotics Market Share, Opportunities and Forecast by 2020: Grand View Research, Inc.

The global industrial robotics market size is anticipated to reach USD 41.23 billion by 2020, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.0% during the forecast period. Rapid expansion of the automotive industry worldwide and growing adoption of robotics in the non-automotive industry including food & beverage, chemicals, rubber & plastics, and electronics/electrical are stoking the growth of the market.

Companies implementing industrial robots are increasingly realizing substantial financial benefits, which is leading to a surge in installation of robots in contemporary manufacturing plants. Integration of robots with production processes help boost productivity, minimizes overheads, offers a high degree of flexibility, increases quality, and reduces waste to a large extent as compared to outcome of manual labor, which consequently propels the market.

Industrial robots have been responsible for the formation of a new ecosystem characterized by lucrative, rewarding, and high-paying jobs. Venture capitalists have opened up to funding companies designing and manufacturing industrial robots. Advancements in artificial intelligence and development of sophisticated sensors are projected to augment the development of self-programming robots.

Further Key Findings from the Report Suggest:

• By 2020, the automotive segment is expected to account for the largest revenue share of approximately 40.0%, which can be attributed to the fact that robots play a vital role in the assembly of vehicles
• The metal/heavy machinery segment was valued at nearly USD 3.0 billion in 2016. Robots are extensively used in the sector on account of high degree of precision demanded coupled with difficult nature of tasks involved
• With a revenue of close to USD 16 million in 2016, the Asia Pacific region dominated the industry. Japan and South Korea are expected to continue being dominant country markets in the region
• Robot industries in Asian countries such as China, Korea, and Taiwan are supported by their respective governments through programs addressing R&D funding, tax incentives, loans, and investment in skills
• Some of the key players in the market are ABB; Omron Adept Technologies, Inc.; Mitsubishi Electric Corporation; YRG, Inc.; Toshiba Machine Co., Ltd.; and Panasonic Corporation.

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Grand View Research has segmented the industrial robotics market report into application and region.

Industrial Robotics Application Outlook (Revenue, USD Million, 2014 - 2020)

• Automotive
• Electrical/Electronics
• Metal/Heavy Machinery
• Chemical, Rubber, & Plastics
• Food
• Others

Kraft Liner Market Size, Industry Trends, Regional Outlook, Company Share and Segment Forecasts 2019 to 2025

The global kraft liner market size is expected to reach USD 55.01 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.2% over the forecast period. Growing global trade is expected to drive the demand for packaging materials resulting in demand for kraft liners over the forecast period.

Kraft liners are produced using recycled materials derived from old corrugated containers and virgin fibers. Changing consumer preferences towards using eco-friendly, lightweight, and durable packaging materials are expected to drive the market for corrugated boxes produced from kraft liner, thereby, driving the product demand.

Corrugated boxes are widely some of the widely used packaging materials for wrapping and packing products distributed through e-commerce channels, owing to their high load bearing strength and durability. In addition, the companies transporting fragile products such as glass objects, furniture, and toys demand premium quality packaging, which is expected to augment the use of the product with higher Grams per Square Meter (GSM).

The kraft liner market is dynamic in nature owing to stringent regulations concerning quality of the material used for food packaging, recycled materials used in the product, and trade policies across the globe. In addition, regulations regarding the production of pulp and paper have mandated the manufacturers to use standardized materials to meet the specific packaging requirements.

Rising concerns regarding the protection of goods during transportation are expected to drive the demand for corrugated packaging materials. Major players engage in technological developments to produce material grades suitable for food packaging which can protect food products from accidental damages and external environment. This factor is anticipated to drive the demand for the product in corrugated boxes and other packaging products.

Further key findings from the report suggest:

• Kraft liner with a GSM grade between 80 to 160 accounted for 58.6% of the revenue share in 2017 owing to high product penetration in manufacturing corrugated boxes used for packaging food and beverages, consumer goods, and medical tools
• Higher GSM grades are expected to register significant growth as these products are multi-layered, thick in size, and are attached with cardboard flute which provides a cushion to the object and helps protect it during transportation
• The kraft liner with GSM grade higher than 160 is expected to register a CAGR of 6.0% in terms of revenue from 2017 to 2025 owing to rising demand for heavy-duty packaging for industrial applications
• Asia Pacific is expected to register a CAGR of 6.8% in terms of revenue over the forecast period owing to rising demand for corrugated packaging from developing economies on account of growing manufacturing sector
• The kraft liner market is characterized by the presence of a large number of players striving to increase their penetration in different regions, through acquisitions of local manufacturers at strategic locations

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Grand View Research has segmented the global kraft liner market on the basis of product and region:

Kraft Liner Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• GSM<80
• GSM 80 to 160
• GSM>160

Angiography Equipment Market Size, Trends, Growth, Share, Opportunities and Forecast by 2025

The global angiography equipment market size is expected to reach USD 16.2 billion by 2026, according to a new report by Grand View Research, Inc. The market is expected to witness an exponential CAGR of 6.5% over the forecast period due to growing geriatric population, increasing prevalence of Cardiovascular Diseases (CVDs) with associated risk factors, technological advancements, and investments in the health tech sector. According to the World Health Organization (WHO) report, CVD is one of the leading causes of death in countries, such as U.S. and U.K.

Coronary Artery Disease (CAD) is the most prevalent form of CVD. Through Global Hearts Initiative, the WHO is supporting governments in controlling cardiovascular risk factors, such as hypertension and diabetes. All these factors are projected to boost the market expansion over the forecast period. Rapid development of the diagnostic imaging modalities providing better visualization and assessment of CVD is also likely to drive the angiography devices market in the years to come.

Geographically, North America held the largest market share in 2018 and is expected to maintain its position during the forecast period. Countries, such as Brazil and China, export the medical devices from U.S. owing to the high standard of quality. Due to favorable government regulations in developing countries, such as Japan and China, the Asia Pacific region is projected to expand at a healthy CAGR during the estimated period. For instance, reimbursement policy in Japan encourages the local manufacturers to provide advanced angiography diagnostic devices.

Further key findings from the study suggest:

• Angiography systems led the market in 2018 owing to the advancements in technology and interventional procedures in Cath labs
• In 2018, X-ray held the largest share of the market due to technological developments offering superior-quality and high-resolution images without increasing radiation dose
• Coronary angiography led the procedure segment due to increased prevalence of Cardiovascular Diseases (CVDs)
• In 2018, diagnostic angiography accounted for the largest share of the application segment due to the growing complexity of the diseases
• Some key companies in the industry are GE Healthcare; Koninklijke Philips N.V.; Siemens Healthineers; Boston Scientific Corporation; Abbott Laboratories; B. Braun Melsungen; Medtronic, Inc.; Angiodynamics; Cordis Corporation; and Shimadzu Corporation

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Grand View Research has segmented the global angiography equipment market on the basis of product, technology, procedure, application, and region:

Angiography Equipment Product Outlook (Revenue, USD Million, 2015 - 2026)

• Angiography Systems
• Catheters
• Balloons
• Guidewire
• Contrast Media
• Vascular Closure Devices
• Angiography Accessories

Artificial Tendons & Ligaments Market Shares, Growth and Opportunities Forecasts, 2025

The global artificial tendons and ligaments market size is anticipated to reach USD 39.7 million by 2025 at an 11.3% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Adoption of artificial grafts is on a rise owing to several benefits over autologous and allogenic grafts, such as high tensile strength, no immune reaction, and abrasion resistance. Increase in number of sports injuries, coupled with rising government efforts to create awareness about sports injuries and available medical reimbursements, is anticipated to fuel market growth.
For instance, the Government of Finland in collaboration with UKK Institute has been conducting a ‘LiVE-program’ since 2016 to improve safety in sports increase awareness about injury risks, sports training, and content of physical activity sessions. Over the past several decades, increase in participation of children and adolescents has been observed in various sports such as football, soccer, bicycles, handball, basketball, and volleyball. Moreover, increase in awareness about physical fitness among people will contribute to market growth.

Other factors likely to contribute to market growth include rising preference for minimally invasive surgery, continuous advancements in surgical procedures, and growing funding and research activities to develop novel materials for synthetic tendons and ligaments. Moreover, positive outcomes reported through various clinical trials pertinent to usage of artificial ligaments will accelerate growth in the near future. For instance, according to a study published in 2017 in NCBI, patients treated with artificial ligament after femoral tumor resection and reconstruction procedures exhibited a more stable hip joint and more active range of movement as compared to patients who did not received a synthetic ligament.

Further key findings from the report suggest:

• The knee injuries segment held a major share in 2018 owing to increase in incidences of knee injuries, coupled with faster recovery observed with the use of artificial ligaments in comparison to autologous or allogenic grafts
• The hospitals and clinics end-use segment is expected to hold a significant share during the forecast period. Growth of the segment can be attributed to higher readmission rate for treatment of ACL reconstruction procedures and collaborative activities between key players and orthopedic clinics to create awareness about artificial tendons and ligaments.
• As of 2018, Europe accounted for the largest market share. Surge in number of sports injuries among young athletes, rising geriatric population prone to orthopedic disorders, and presence of key players in the region will boost the regional market
• The U.K. artificial tendons and ligaments market is expected to grow substantially over the forecast period. This growth is predicted to be majorly driven by increasing adoption of artificial tendons and ligaments, rising incidence of accidents, R&D of innovative product design, and favorable patient demographics.
• Growing healthcare expenditure, coupled with rising penetration of health insurance in Latin America and Asia Pacific countries such as China, India, Brazil, and Argentina are providing considerable growth opportunities to market players
• Industry players have been involved R&D activities to deliver novel products in the market. Companies are also strategically involved in expanding their geographical presence through distribution agreements to expand their customer base.

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Grand View Research has segmented the global artificial tendons and ligaments market on the basis of application, end use, and region:
Artificial Tendons and Ligaments Application Outlook (Revenue, USD Million, 2014 - 2025)

• Knee Injuries
• Shoulder Injuries
• Foot and Ankle Injuries
• Others

Artificial Tendons and Ligaments End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Hospitals and Clinics
• Ambulatory Surgery Centers

Immunoassay Market Shares, Growth and Opportunities Forecasts, 2025

The global immunoassay market size is expected to reach USD 25.41 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.0% during the forecast period. Extensive usage of immunoassay techniques for detection of infectious and chronic diseases is the prime factor driving the growth. In addition, launch of novel products coupled with rapid technological advancements are anticipated to drive the market. For instance, Quidel Corporation received CE mark approval in 2018 for its product Sofia, which is a Quantitative Vitamin D Assay used with Sofia instrument.

Moreover, collaborations and partnerships among medical device giants are expected to provide new growth platforms for immunoassay techniques, such as radioimmunoassay, rapid tests, and enzyme immunoassays among others. For instance, Roche Diagnostics and GE Healthcare entered into a partnership to develop and market digital clinical decision systems in January 2018. This partnership aided in improving cancer and critical care.

Furthermore, automation has benefits such as efficiency and optimal usage of labor and space in laboratories. Thus, the immunoassay market is witnessing lucrative growth as some players are introducing automated laboratory systems, point-of-testing compact, and portable assay tests. For instance, launch of innovative products such as compact and portable ichroma II by Boditech Med, Inc., which is an FDA-approved fluorescence scanning instrument used for influenza screening.

North America held a significant market share in 2018, attributed to high R&D investments by pharmaceutical and medical device manufactures and favorable government insurance policies. For instance, in May 2018, a bill was approved by the U.S. congress, as per which an individual can try unproven medical aids, which includes drugs, medications, and devices, in case of severe illness.

Further key findings from the report suggest:

• Reagents and kits accounted for a significant market share of about 72.0% in 2018, owing to extensive application of the products
• Closed-ended systems is expected witness a profitable CAGR over the forecast period due to associated advantages, such as sterility, and cheaper rates as compared to open-ended systems
• Asia Pacific is anticipated to witness significant CAGR over the forecast period due to rising healthcare spending and healthcare investments by many companies
• Key players operating in the immunoassay market are Quidel Corporation; Ortho Clinical Diagnostics; Roche Diagnostics; and Thermo Fisher Scientific, Inc. among others
• The industry participants engage in extensive research activities to develop novel immunoassays for diagnosis of infectious and chronic diseases.

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Grand View Research has segmented the global immunoassay market on the basis of product, technology, application, end use, and region:

Immunoassay Product Outlook (Revenue, USD Million, 2014 - 2025)

• Reagents & Kits
• Analyzers/ instruments
  • Open-ended Systems
  • Closed-ended Systems
• Software & Services

Immunoassay Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Radioimmunoassay (RIA)
• Enzyme Immunoassay (EIA)
  • Chemiluminescence Immunoassays (CLIA)
  • Fluorescence Immunoassays (FIA)
• Rapid test
• Others

Brushless DC Motor Market Shares, Growth and Opportunities Forecasts, 2025

The global brushless dc motor market size is expected to reach USD 23.82 billion by 2025, registering a CAGR of 6.5% over the forecast period, according to a study conducted by Grand View Research, Inc. These motors are thermally resistant, require low maintenance, and operate at low temperatures, eliminating any threat of sparks. Low maintenance and operational costs and rising adoption of Electric Vehicles (EVs) are some of the key factors driving the market. The emergence of sensor-less controls for brushless DC type is likely to help enhance the product durability and reliability, thereby reducing the number of mechanical misalignment, electrical connections, as well as the product weight and size. These factors are estimated to drive the market further over the forecast period. Furthermore, growing production of vehicles due to escalating demand across the globe is anticipated to have a positive impact on the industry development.

Brushless DC motors are used in motor vehicle applications, such as in sunroof systems, motorized seats, and adjustable mirrors. These motors are also being used for performance applications in vehicles, such as chassis fittings, power-train systems, and safety fittings, owing to simple structure, less maintenance requirements, and extended operational life. Thus, widespread usage of these motors by automobile industry is anticipated to fuel the market growth over the years to come. The product is also used in EVs in mechatronic systems, primarily in batteries for accumulators and power electronic converters, owing to its advantages including high operating speed, compact size, and quick response time. Production of EVs is also on rise globally supported by the government initiatives encouraging the use of non-conventional fuels to reduce the adverse impacts of carbon emissions. These factors are also estimated to contribute to the industry growth.

Further key findings from the study suggest:

• The brushless DC motor market is expected to witness a steady growth over the coming years on account of the benefits offered by the product including better durability and less maintenance
• 0 - 750 Watt brushless DC motors is expected to witness rapid growth from 2019 to 2025 on account of their widespread usage in automobile and household devices applications
• Increased production of automobiles and EVs across the globe is anticipated to positively impact the market growth over the forecast period
• Industrial machinery segment held more than 20% of the market in 2018. Numerous industrial machines deploy brushless DC motors due to their high efficiency and low maintenance costs and power consumption
• Asia Pacific is expected to emerge as the fastest-growing regional market with a CAGR of 7.9% over the forecast period
• Rapid industrialization in developing economies of APAC, such as China and India, has fueled the adoption of brushless DC motors
• Some of the key companies in the market are ABB Ltd.; Ametek, Inc.; Johnson Electric Pvt. Ltd.; and Nidec Motor Corp. Numerous companies are focusing on developing low-maintenance and eco-friendly products in order to gain a competitive edge

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Grand View Research has segmented the global brushless DC motor market on the basis of voltage, end use, and region:
Brushless DC Motor Voltage Outlook (Revenue, USD Million, 2014 - 2025)

• 0 - 750 Watts
• 750 Watts to 3 kW
• 3 kW - 75 kW
• 75 kW and Above

Brushless DC Motor End Use Outlook (Revenue, USD Million, 2014 - 2025)

• Industrial Machinery
• Motor Vehicles
  
  • Safety
  • Comfort
  • Performance
• HVAC Equipment
• Aerospace & Transport
• Household Appliances
• Others

Plastic Dielectric Films Market Size, Industry Trends, Regional Outlook, Company Share and Segment Forecasts, 2019 - 2025: Grand View Research, Inc.

The global plastic dielectric films market size is expected to reach USD 1.39 billion by 2025 registering a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by growing product demand from renewable energy system and electrical and electronics industry in the Asia Pacific (APAC). The product is widely used as an insulating material in various electrical and electronics applications.

Presence of major electrical and electronics manufacturing companies, such as Toshiba, Samsung, and Sony, in the region is also propelling the product demand. Companies from Northeast Asian countries, such as China, India, and Japan, are pushing to grow in key sectors pertaining to raw material extraction, manufacturing, and services. Since the past few years, the manufacturing industry in APAC has been attracting significant investments from leading MNCs, which is contributing to the market growth.

These films provide low thermal resistance, high-pressure resistance, minimal application pressure, resistance of hazardous substance compliance (RoHS), thereby augmenting their demand in applications, such as smartphones, tablets, smart wearables, and smart home appliance. Polypropylene (PP) is one of the prominent product type segments. PP dielectric films have properties, such as high breakdown strength, high insulation resistance, low dissipation factor, and low dielectric absorption.

These properties make them suitable for use in a wide range of applications in high voltage DC & AC systems, snubber circuits, high current DC applications, and high-frequency AC systems. Capacitors made of Polypropylene (PP) films are ideal for use in multiple ranges of temperature. On account of their unique temperature characteristics, PP capacitors are widely used as a substitute of polyester capacitors as the capacitance of the latter diminishes with decreasing temperature. However, PP and Polyethylene Terephthalate (PET) can also be used together, parallelly, in a capacitor.

Further key findings from the study suggest:

• APAC is expected to be the largest regional plastic dielectric films market during the forecast period from 2019 to 2025
• India is the fastest-growing country in the APAC region on account of the growing automotive industry
• The PET segment is likely to register the highest CAGR of over the forecast years owing to rising demand for PET in various applications
• Companies in the market have undertaken several strategic initiatives to increase their market share
• For instance, in June 2018, SABIC introduced two new gauges of UTF120 Polyetherimide (PEI) dielectric film for high temperature, professional-grade capacitor applications

To Get this report, click the link below: 

www.grandviewresearch.com/industry-analysis/plastic-dielectric-films-market

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Grand View Research has segmented the global plastic dielectric films market on the basis of product, application, and region:

Plastic Dielectric Films Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polytetrafluoroethylene (Teflon) (PTFE)
• Polyethylene Naphthalate (PEN)
• Polyphenylene Sulfide (PPS) & Polyvinylidene Difluoride (PVDF)

Plastic Dielectric Films Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Electrical & Electronics
• Solar & Wind Energy System
• Automobiles
• Aircrafts
• Others

U.S. ECG Equipment Market Size, Trends, Growth, Share, Opportunities and Forecast by 2026

The U.S. ecg equipment market size is expected to reach USD 2.8 billion by 2026, based on a new report by Grand View Research, Inc., registering a 5.7% CAGR during the forecast period. Rise in prevalence of cardiovascular diseases in the country, availability of various monitoring devices, and technological advancements are among key factors driving the U.S. electrocardiograph device market.
Increase in investment by various market players and the U.S. government for development and commercialization of various easy-to-use equipment is also likely to drive the market. For instance, in September 2017, the U.S. FDA approved an app-driven, easy-to-clean, and fully reusable ECG device manufactured by NimbleHeart. The device can be wrapped around a user’s torso and used without electrolytic gels and adhesives. Hence, it can be cleaned easily, thereby making the product ideal for multi-patient use.
In May 2018, Preventice Solutions launched BodyGuardian Mini, a reusable long-term and smallest Holter technology for cardiac monitoring. The new technology includes an ultra-small cardiac monitor that can measure ECG up to 14 days and can transfer data to a physician in an easy-to-read report. Hence, launch of such technologically advanced products to address the needs of physicians and patients is expected to boost market growth in the coming years.

Further key findings from the study suggest:

• Rising incidence of cardiac diseases and growing geriatric population are expected to propel market growth in the coming years
• By type, the resting ECG system segment accounted for the largest share in the market and is expected to witness significant growth during the forecast period. This can be attributed to availability of several commercial products, improved clinical accuracy due to advanced data analysis tools to detect heart-related problems, and high penetration in large hospitals
• The Holter monitor segment is expected to witness the fastest growth over the forecast period owing to portability of these devices, cost-effectiveness, and ability to record heart’s electrical activity for a longer duration
• By end use, hospitals accounted for the largest share in 2018 as majority of patients rely on hospitals than other healthcare facilities due to the availability of well-equipped devices and latest monitoring software
• Based on geography, the south region accounted for the dominant share in 2018 and is expected to maintain its lead throughout the forecast period due to a large target population and presence of a high number of hospitals
• Advancements in medical technology and availability of portable ECG devices have led to an increase in diagnosis rate, as these systems facilitate immediate transfer of data pertaining to outpatient procedures. This is expected to drive demand for ambulatory care centers during the forecasts period
• Some of the key players are BioTelemetry, Inc.; CardioComm Solutions, Inc.; Compumed Inc.; GE Healthcare; Mindray Medical; Hill Rom; NIHON KOHDEN CORPORATION; Philips Healthcare; Schiller AG; Spacelabs Healthcare; Welch Allyn; and McKesson Corporation.

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