Rigid, den världsledande innovatören av LED ljus

4 min read

Rigid är världsberömda - en riktig kändis. Men varför? 

Designen finns överallt, men vem var den första med den design som används idag? Det var Rigid. Vem designade först en böjd LED-bar? Det var Rigid. Rigid har alltid stått som en bauta bland mindre aktörer som ständigt anpassar sina innovationer. För Rigid har detta gett dem kändis status i världen som den tillverkaren alla försöker att mäta sig mot. Alla känner till Rigids kvalitet. Och Rigid är gigantiska där hemma i USA. Om du har varit på en bilutställning i USA skulle du se att varje bilbyggare använder Rigid på sina pick-ups. Det är det enda som fungerar och det enda som imponerar.

Non-opioid Pain Patch Market Size Estimated to Observe Significant Growth by 2024

4 min read

A new research report on the global non-opioid pain patch market expects that the market will achieve a stellar growth in the next few years of the mentioned forecast period of 2016 to 2024. The growth of the market is expected to grow at a great pace because of the increasing opioid misuse that has fueled the demand for a safer and non-addictive analgesic drug to treat pain. The global non-opioid pain patch market has a highly consolidated vendor landscape with only a handful of notable names in operation. Some of the notable names in the global non-opioid pain patch market include names such as Mylan NV, Endo International Plc., Hisamitsu Pharmaceutical Co. Inc., Teikoku Seiyaku Co. Ltd., IBSA Institut Biochimque SA, TEH SENG Pharmaceutical Mfg. Co. Ltd., Pfizer Inc., GlaxoSmithKline Plc., Acorda Therapeutics Inc., and ALLERGEN among others.

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Product Development is Key Focus for Market Leaders

The leading players in the global market for non-opioid pain patch share a moderate rivalry. The competition in the market is modest because of the current nascent stage of the global market. Even though there are only a few market players, each of them have been successful in creating very strong brand identities. Hisamitsu Pharmaceutical Co., Endo International Plc., and Acorda Therapeutics Inc. cumulatively account for around 40% of the overall market share. These leading companies are using the aggressive approach of mergers and acquisitions in order to stay ahead of the competitive curve. The companies in the market are also concentrating on developing new and innovative drugs that will help in catering the demand of the end users. With this, there have been increasing focus on the research and development activities to bring out new products. For instance, in December 2016, Hisamitsu Pharmaceutical Co. Inc. announced that the company has filed an application for a transdermal therapeutic drug for treating allergic rhinitis. The company launched the drug in Japan.

As per the market research report published by Transparency Market Research, the global non-opioid pain patch market will exhibit a steady CAGR of 3.3% for the given projection period of 2016 to 2024. In 2015, the global market stood at a valuation of US$3,750 mn. With this rate of growth, the market is expected to jump to a new valuation of US$4,983.3 mn by the fall of 2024.

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North America to Emerge as Leading Segment

In terms of geographical segmentation, the global non-opioid pain patch market is divided into five main geographical segments. These regions are North America, Middle East and Africa, Europe, Latin America, and Asia Pacific. Among these key regions, the global market is expected to be dominated by the segment of North America. The region is expected to account for around 51.5% of the overall share of the global market by the end of the forecast period in 2024. Highly developed healthcare infrastructure coupled with growing support by the government is expected to help the development of the North America non-opioid pain patch market.

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Immunoassay Market to be at Forefront by 2024

5 min read

The global market for immunoassay is fragmented in nature with a high number of players engaged in it across the globe, states a new research report by Transparency Market Research. The rapid development of the healthcare sector and the increasing investments by the leading players, especially for research and development activities, which is estimated to enhance the market development and strengthen the competitive scenario of the market over the next few years. Moreover, the rising number of partnerships and mergers and the technological developments in this area are projected to enhance the growth of the global immunoassay market in the coming few years. The leading players operating in the immunoassay market across the globe are Abbott Laboratories, F. Hoffmann-La Roche Ltd., Siemens Healthineers, BioMérieux SA, Becton, Dickinson and Company, DiaSorin S.p.A., Sysmex Corporation, Ortho Clinical Diagnostics, and Danaher Corporation.

As per the research report, in 2017, the global market for immunoassay stood at US$ 16.54 Bn and is estimated to reach a value of US$ 28.61 Bn by the end of 2026. The market is further estimated to exhibit a healthy 6.20% CAGR between 2018 and 2026. The North America market for immunoassay is estimated to hold a key share of the market, further followed by Europe. The strong growth of Europe and North America can be ascribed to the presence of well-established healthcare infrastructure and the development of the biotechnology industry.

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Growing Adoption of Immunoassay in Oncology to Ensure Market Growth

A significant rise in the incidence of infectious and chronic diseases and the tremendously rising geriatric population are the key factors encouraging the growth of the global immunoassay market in the next few years. The rise in the use of immunoassay in the field of oncology and the increasing focus of the key players on technological developments are further predicted to support the development of the market in the near future. In addition to this, the advent of effective and novel automated systems and the rapid development of the biotechnology and biopharmaceutical industries are estimated to accelerate the overall growth of the market in the coming years.

Furthermore, the rise in the adoption of immunoassay-based testing for point-of-care and the important role that is players by immunoassay in the alcohol and drugs testing are some of the other aspects that are predicted to ensure the growth of the market in the near future. In addition to this, the integration of the microfluidics technology in immunoassay is anticipated to enhance the market growth over the next few years.

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Unfavorable Reimbursement Policies to Curb Market Growth in Coming Years

The global immunoassay market is estimated to face a few challenges in the market, due to which the market is likely to experience a slight downfall in the next few years. The increasing complexities in performing the diagnostic tests and the unfavorable reimbursement scenario are the main factors that are predicted to hamper the market growth in the near future. Moreover, the strict rules and regulations regarding the approval of immunoassay consumables and instruments are expected to curb the market growth in the near future. Nonetheless, the increasing potential opportunities in the developing nations and the advent of condition-specific tests and biomarkers are expected to accelerate the market development in the coming few years. Also, the rising consumer awareness for companion diagnostics is likely to supplement the market growth in the next few years.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Immunoassay Market (Technology - Chemiluminescence Immunoassay (CLIA), Enzyme-linked Immunosorbent Assay (ELISA), Enzyme-linked Fluorescence Assay (ELFA), Radioimmunoassay (RIA); Product - Analyzer, Consumables; Application - Infectious Disease, Endocrinology, Oncology, Cardiology, Orthopedics; End use - Hospitals and Diagnostics Laboratories, Blood Banks) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026.”

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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Polymerase Chain Reaction Consumables Market to Register Substantial Expansion by 2024

5 min read

Transparency Market Research (TMR) has published a new report titled, “Polymerase Chain Reaction (PCR) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global PCR market is projected to reach over US$ 7.0 Bn by 2026 expanding at a considerable CAGR from 2018 to 2026. North America is expected to dominate the global PCR market during the forecast period, due to high adoption of technologically advanced molecular diagnostic products, growing incidence of infectious diseases, rising prevalence of various types of cancer, growing trend of self-diagnosis of diseases, and affordability of high-cost testing processes for people in the region.

Reagents Segment to Dominate the Global PCR Market

The report offers detailed segmentation of the global PCR market based on product and end-user. In terms of product, the market has been segmented into instruments, reagents, and consumables. The reagents segment held the leading market share in the year 2017 and is expected to expand at the highest CAGR during the forecast period. This is attributable to high consumption of reagents for the PCR technique. Introduction of advanced reagents specific to the type of test is expected to boost the global demand for PCR reagents in the near future. PCR reagents include template DNA, PCR primers and probes, dNTPs, PCR buffers, enzymes, and master mixes. PCR consumables mostly include PCR tubes, plates, and other accessories required to conduct PCR reactions. The instruments segment has been sub-categorized into standard PCR systems, RT PCR systems, and digital PCR systems. Among these, the digital PCR systems sub-segment is expected to witness growth at a significantly rapid pace during the forecast period. This is attributable to advantages of digital PCR systems such as precision, sensitivity, accuracy, reproducibility, direct quantification and multiplexing, and speed of the analysis.

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Pharmaceutical & Biotechnology Industry Segment Held a Major Share of the Global PCR Market in 2017

The PCR technique has been found to be useful in pharmaceutical and biotechnology research activities as well as microbial quality testing. The technique is also applied in genetic engineering. Genetic engineering is the key driver for the global PCR market. It is used to identify genes related to certain phenotypes including genetic disorders. Regular testing of the microbial load of raw materials and finished products is an important process in the pharmaceutical & biotechnology industry. Sophisticated analytical methods such as polymerase chain reaction (PCR) have been widely applied for quality control analysis in the pharmaceutical sector.

Market in Asia Pacific to Expand at a High CAGR

Molecular diagnosis has revolutionized the modern diagnosis technology. PCR has become a method of choice in early and accurate detection of diseases. Expansion by leading manufacturers of PCR products in the Asia Pacific region by strengthening of the distribution network and new product launches in developing countries of Asia Pacific are key factors likely to drive the PCR market in the region during the forecast period. Moreover, rise in the incidence of cancer and infectious diseases has resulted in increase in the demand for use of the PCR technique in clinical diagnosis of these diseases in Asia Pacific. For instance, according to the Korea Central Cancer Registry published in 2016, there were 217,057 cancer cases in South Korea in 2014. Moreover, in 2016, the WHO estimated that the Asia Pacific region has the second-highest number (i.e. 5.1 million) of people living with HIV across the world. Thus, Asia Pacific is expected to be the most lucrative market for PCR by 2026.

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Competition Landscape

Major players operating in the global PCR market are Bio-Rad Laboratories, Inc., QIAGEN N.V., F. Hoffmann-La Roche AG, Thermo Fisher Scientific, Inc. Becton, Dickinson and Company, Abbott, Siemens Healthcare GmbH (Siemens AG), bioMérieux SA, Danaher Corporation, and Agilent Technologies. Key players are expanding their product portfolio through mergers and acquisitions and partnerships and collaborations with leading pharmaceutical and biotechnology companies and by offering technologically advanced products.

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About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Surgical Staplers Market to Set Phenomenal Growth by 2026

4 min read

The global surgical staplers market is anticipated in a report by Transparency Market Research (TMR) to witness the highly consolidated nature of its vendor landscape. This could be because of the presence of a handful of large-scale private and public medical devices vendors. A few companies based in developed economies are expected to show their dominance over the market. Close to an 80.0% share of the market is held by Johnson & Johnson Services, Inc. and Covidien Plc. However, other prominent names of the market, viz. Grena Ltd., Victor Medical Instruments Co., Ltd., and Purple Surgical International Ltd. could look too improve their presence in the industry.

TMR predicts the global surgical staplers market to rise at a 7.5% CAGR between 2018 and 2026 to be valued at a US$4.0 bn by the final forecast year. In 2017, the market gained a valuation of US$2.0 bn. Disposable surgical staplers could take the lead in the market among other products while securing an expected share of 78.0% by the end of 2026. Regionally, North America is foreseen to achieve a larger share of the market, considering its US$0.9 bn revenue earned in 2018.

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Wide Use of Surgical Staplers in Minimally Invasive Surgeries to Swell Demand

Growing use of surgical staplers in minimally invasive procedures such as flexible endoscopic procedures, general surgeries, laparoscopic procedures, cosmetology procedures, and colorectal surgeries is foretold to push the growth of the market in the near future. Millions of such procedures were conducted in the U.S. in the recent past, according to Ethicon U.S., LLC. Interestingly, these procedures are going to increase in the coming years, as per the findings of the company. The demand for minimally invasive procedures could increase due to the rising awareness about their various advantages, including faster recovery, less pain, reduced risk of infection, and minimal complications.

Functional Failure of Surgical Staplers during Surgeries to Arrest Market Growth

Availability of alternatives to surgical staplers is envisioned to hamper the growth of the market. Another factor that could restrict market growth could be the functional failure of surgical staplers during surgeries. Issues associated with the functionality of surgical staplers such as separated suture lines, misfiring or firing failure, and failure in the formation of staples are projected to impede the growth in demand. Thousands of adverse events due to the use of surgical staplers have been reported in the last five years, according to the FDA.

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Despite of all these negative factors affecting the rise of the global surgical staplers market, there could be favorable prospects birthing on the back of the growing trend of robotic or computer-assisted minimally invasive surgery. On the other hand, high adoption of such surgeries in medical centers and other facilities is prognosticated to create a whole lot of opportunities in the market.

The information presented in this review is based on a TMR report, titled “Surgical Staplers Market (Product - Disposable and Reusable; Application - General Surgery, Colorectal, Gynecology, and Urology; Technology - Manual Devices and Powered Devices; Ergonomics - Curved and Linear; End Use - Hospitals and Ambulatory Surgical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026.”

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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Helicobacter Pylori Non-invasive Testing Market Size, Share, Growth Trends, and Forecast Analysis

6 min read

The global helicobacter pylori (H. pylori) non-invasive testing market was valued at approximately US$ 518.0 Mn in 2017 and is projected to register a compounded annual growth rate (CAGR) of over 3.99% from 2018 to 2026, according to a new report titled, “Helicobacter Pylori (H. pylori) Non-invasive Testing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”, published by Transparency Market Research (TMR) . The report suggests that factors, such as, rise in the adoption of non-invasive testing for diagnosis of H. pylori, lack of endoscopic facilities, and upcoming technologically-advanced tests from global market players for non-invasive helicobacter pylori testing in the next few years (2018-2026) are likely to boost the demand for global helicobacter pylori (H. pylori) non-invasive tests. High awareness and diagnosis rate of H. pylori infection in North America and high prevalence of the disease in East-European countries are likely to generate a significant share for the market in North America and Europe from 2018 to 2026.

Rise in adoption of non-invasive tests for H. pylori diagnosis globally to fuel the market

There has been a growing preference for non-invasive tests globally for H. pylori infection testing among patients as well as health care providers, owing to quick turnaround time for test results, higher patient compliance, and reduced discomfort usually associated with invasive tests. At the same time, these tests are high in accuracy and specificity to aid the correct diagnosis of the H. pylori infection. Non-invasive tests are also cost-effective compared to invasive endoscopic options.

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Serology test segment to lose market share

Among non-invasive tests, serology test is commonly prescribed by health care practitioners for H. pylori owing to the relatively lower cost and ease of conducting of the test. However, the serology test segment is expected to lose its market share during the forecast period. Regional agencies such as American Gastroenterology Association (AGA) and National Health Services (NHS) have updated their guidelines to prevent the use of serology testing for detection of H. pylori due to high incidence rate of false positives, lower specificity as compared to other non-invasive testing methods, and inability to test for eradication of the H. pylori infection in a patient associated with the test. The serology test segment is estimated to hold a market share of 30.3% by the end of 2018, while its market share is anticipated to drop to 13.7% by the end of 2026.

Laboratory-based tests segment to witness significant growth

Among test methods, the laboratory-based tests segment of the global helicobacter pylori (h. pylori) non-invasive testing market is estimated to witness a significant growth during the forecast period. The segment is likely to expand at a CAGR of 3.73% between 2018 and 2026. Growth of the segment can be ascribed to the fact that a majority of these tests are performed in laboratory settings, based on laboratory methods, conducted by trained professionals in a controlled environment. Laboratories are capable of conducting high volume of tests per day and providing the results in a few hours or a few days (1 to 2 days). According to WHO, in Asia Pacific, an estimated 70% of health decisions are based on laboratory results, as laboratory-based tests provide essential support and facilitate appropriate medical intervention.

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Diagnostic laboratories to be highly promising among end-users

Among end users, the diagnostic laboratories segment is expected to hold the leading i.e. 47.5% share of the market by 2026. This can be attributed to the large number of H. pylori non-invasive tests performed by standalone and hospital-based diagnostic laboratories. Moreover, presence of major standalone laboratories, testing a large number of patient, and high adoption of new tests and instruments by diagnostic laboratories for diagnosis of H. pylori, is expected to fuel the growth of the diagnostic laboratories segment through 2026.

Asia Pacific to witness significant growth and create high incremental opportunity

The helicobacter pylori (H. pylori) non-invasive testing market in Asia Pacific is estimated to expand at a significant CAGR of 4.52% during the forecast period. The market in the region is likely to be driven by the high prevalence of H. pylori in rural India, (80% or even more), where a vast population is living under poverty and gastric cancer burden, linked to H. pylori bacteria, is relatively high. North America is expected to hold the leading market share of 31.1% by 2026, due to rising incidence of gastric adenocarcinoma, peptic ulcers, and other diseases which are strongly associated with H. pylori infection. This has prompted national and regional health care agencies in the U.S. to actively promote non-invasive diagnostic tests for chronic as well as acute dyspeptic patients, with an aim to eradicate H. pylori infection from among the prevalent population. The helicobacter pylori (H. pylori) non-invasive testing market in North America is likely to register a CAGR of 3.62% during the forecast period.

Key players to continue leading global helicobacter pylori (H. pylori) non-invasive testing market

Prominent players operating in the global helicobacter pylori (h. pylori) non-invasive testing market are DiaSorin S.p.A., Meridian Bioscience, Inc., Exalenz Bioscience Ltd., Alere, Thermo Fisher Scientific, Biomerica, Inc., Certest Biotec S.L., Sekisui Diagnostics, CorisBioconcept SPRL and Shenzhen Zhonghe Headway Bio-Sci & Tech Co., Ltd. These key players are expected to maintain their key positions during the forecast period.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Corporate Wellness Market Outlook for Major Applications/end Users, Consumption, Share and Growth Rate 2027

5 min read

Employee welfare is gaining center-stage as across countries, governments demand it and companies witness benefits accrue on account of better employee well-being. Not only do such programs and initiatives help improve emotional and physical health of a large segment of population but also they help in improving work performance. As per Transparency Market Research, “The global corporate wellness market is on an upward curve and a number of interesting growth opportunities are anticipated to emerge over the forecast period particularly for large MNCs and corporate houses that are already involved in such initiatives. It is expected that areas such as healthcare, individual needs, and insurance will be hotbeds.”

One of the most significant areas that are expected to drive the market on to a higher growth trajectory over the forecast period is health risk assessment. It holds a special place in the overall growth story owing to being one of the most needed elements in terms of well-being. Besides, it allows for better work output if the employees are in the best of their health. A number of schemes that are seeing an increase in implementation are smoking cessation, nutritional advice, fitness drills, health screening, and weight management. Governments across the globe have been quite emphatic in their push towards improvement in health and wellness. They have also pushed for better safety and hygiene of employees.

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Transparency Market Research states that the over the forecast period global corporate wellness market would grow by a rate of 8.8%, compounded annually over the period 2018 to 2026. A number of companies are working towards improving their performance index by improving work and efforts directed towards such corporate wellness programs, driving the market forward by a substantial value. It is also worth noting that the North America would hold a prominent place in the regional charts with a sizeable revenue accounted for by the region. 

Asia Pacific Region to Chart Notable Growth in the Global Corporate Wellness Market over the Forecast Period

A number of companies in the global corporate wellness market are now eyeing the Asia Pacific (APAC) region owing to factors such as anticipation regarding higher growth rate, leading to a number of untapped growth opportunities. In order to understand what is driving the region o remarkable growth, it is significant to understand that a lot of Foreign Direct Investment is pouring in the region. Intellectual resources are also making their way in the market. Thus one notes an increase in training modules, welfare schemes and healthcare guidelines. Besides, there is push from employees and the government to put such safeguards in place.

It is also worth noting here that a sizeable share of revenue will be accounted for by regions such as North America and Europe, which are developed, and implemented such schemes way back, and are now ready to capitalize upon that move. Presence of strong players in the two regions is also a significant factor, propelling growth in the market.

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Fragmented and Competitive – Vendor Landscape of Global Corporate Wellness Explained

The global corporate wellness market is fragmented and leading players include ComPsych Corporation, Central Corporate Wellness, Optum, Inc., Truworth Wellness, SOL Wellness, JLT Australia (Recovre Group), Sodexo, and ConneXions Asia.Market players are contributing positively to the growth of global corporate wellness market by their proactive and creative measures taken up at regular intervals. To consolidate market position and penetrate new markets, players often deploy strategies such as alliances – mergers and acquisitions, and partnerships and collaborations. As per Transparency Market Research, “These allow players to combine know-how, resources, and technology improvement. Besides, a firm grasp on the market can be achieved via strategic alliances based on mutual synergies.

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Hospital Asset Management Market Trends, Current Demand, and Business Opportunities

4 min read

Transparency Market Research (TMR) has published a new report titled, “Hospital Asset Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global hospital asset management market was valued at US$ 5.0 Bn in 2017 and is projected to expand at a CAGR of 12.0% from 2018 to 2026. Improvement and optimization of workflow, safety, and productivity; reduction in inventory, and higher return on investment are anticipated to boost the growth of the global hospital asset management market during the forecast period. Developed regions having better health care IT infrastructure are likely to account for major market share in terms of revenue in the next few years. Major market players are involved in continuous technological advancements through focused research and development activities, which is resulting in development of cost-effective solutions. Some of the prominent players are likely to expand their geographical presence through partnership agreements in the high growth potential developing markets during the forecast period.

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Real-time Location Systems Segment to Account for Over Half the Market Share

The report offers detailed segmentation of the global hospital asset management market based on product and application. In terms of product, the real-time location systems (RTLS) segment is poised to account for major share of the global market in terms of revenue between 2018 and 2026. Factors attributed to high market share of the segment include strong brand presence of key players offering proprietary product technologies and technical advantages such as the ability of outdoor asset tracking, information encryption service, and tamper evident sensor, among others.

Instrument Management Segment to Register Above Average Growth Rate

In terms of application, the global hospital asset management market has been categorized into patient management, staff management, instrument management, and supply chain management. The instrument management segment is anticipated to expand at a moderate growth rate during the forecast period. Intense competition between established companies as well as new entrants is likely to result in affordable asset tags during the forecast period. This in turn is expected to increase installation rate of hospital asset management solutions for instrument management.

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Developing Countries Witnessing Government Support for Digitalization in Public Hospitals

Increased government focus on reducing workload of nurses and doctors and rise in focus of hospital administration to ensure patient as well as staff safety fuel the growth of the hospital asset management market in developing regions. In July 2016, the King Hamad University Hospital in Bahrain installed nearly 1,200 asset tags to locate wheelchairs, ultrasound equipment, and IV pumps to improve operational efficiency and response time. Increase in installation of hospital asset management solutions for instrument management is spurring the growth of the global hospital asset management market.

Fragmented Market, with Tier I Players Accounting for Nearly 25.0% Market Share

The report also provides profiles of prominent players operating in the global hospital asset management market. These include Ascom, Awarepoint Corporation, CenTrak, Ekahau, GE Healthcare, Honeywell International, Inc., Impinj, Inc., Sonitor Technologies, STANLEY Healthcare, and ZIH Corp. The global hospital asset management market is significantly fragmented and tier I companies accounted for nearly 25.0% market share in 2017. Strategic partnerships for research and product development has been a characteristic trend among the major players in the global hospital asset management market.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Wearable Injectors Market : Business Growth, Development Factors, Applications, and Future Prospects

4 min read

A report by Transparency Market Research (TMR) throws light on the key dynamics operating within the global market for wearable injectors. The competitive landscape of the global market for wearable injectors has witnessed the entry of several newbie players over the past decade. This abrupt influx of new vendors can be attributed to the large market gap and lucrative growth opportunities floating in the global wearable injectors market. In order to counter the entry of new players, the established players in the global wearable injectors market have launched several schemes and strategies to attract the consumers.

Mergers and acquisitions are projected to be a gold mine for the established market players who can expand their geographical reach by acquiring smaller players. Furthermore, non-price competition is also anticipated to be a key strategy of the larger market players over the forthcoming years. Hence, it is safe to prognosticate that the market vendors within the global wearable injectors market would tread along a path of economic stability over the forthcoming years.

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The global market for wearable injectors is projected to expand at a stellar CAGR of 13.95 over the period between 2018 and 2026. The total market value stood at US$ 2,920.2 Mn in 2017 and is expected to reach an astral value of US$ 9,038.1 Mn by 2026. Based on geography, the market for wearable injectors in North America is expected to outdo all other regional segments. On the basis of end-use, diabetics are expected to be the largest consumers of these injectors.

High Incidence of Chronic Diseases to Propel Demand

The demand within the global market for wearable injectors has been escalating on account of the rising incidence of severe chronic diseases. Several patients are in dire need for continual administration of drugs in order to maintain their health, thus, necessitating the need for wearable injectors. The injection of insulin in diabetics is carried out through the use of wearable injectors, and this creates lucrative growth opportunities within the global market for wearable injectors. Treatment of diseases such as cancer, arthritis, psoriasis, and Crohn;s diseases also involves the use of wearable injectors.

The inclination of the masses towards easier methods of drug injection has also le to the growth of the global market for wearable injectors. Furthermore, the rising geriatric population that is at a risk of suffering needle stick injuries also propels demand within the global wearable injectors market.

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Use of Traditional Methods to Hamper Growth

Despite several advantages of wearable injectors, several hospitals and healthcare centers still prefer to use traditional methods for the injection of drugs or hormonal liquids. This has emerged as a huge roadblock for the growth of the global market for wearable injectors. Furthermore, the lack of skilled professionals who can inform and instruct the patients about the usage of wearable injectors also hampers the growth of the global market. However, the nascent developments in the healthcare industry and sophistication of medical procedures are expected to propel demand within the global market for wearable injectors.

The review is based on TMR’s report titled “Wearable Injectors Market (Type - On-body Wearable Injectors, Off-body Wearable Injectors; Application - Oncology, Diabetes, Autoimmune Disorders, Cardiovascular Diseases, Infectious Diseases; End use Industry - Hospitals, Clinics, Home Care Settings) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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Antiseptic and Disinfectant Market is Set to Grow According to Latest Research

7 min read

The global antiseptic and disinfectant market was valued at US$ 6.3 Bn in 2017. It is projected to expand at a compound annual growth rate (CAGR) of 6.2% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Antiseptic and Disinfectant Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. The report suggests that rising awareness regarding home cleanliness and the need for disinfection and rising concern regarding healthcare-acquired infections is expected to boost the antiseptic and disinfectant market in the near future.

North America and Europe are projected to dominate the global market owing to increase in demand for efficient and effective management of antiseptic and disinfectant and the high rate of adoption of antiseptic and disinfectant for treatment planning by doctors as well as patients. The market in Asia Pacific is projected to witness expansion at a significant growth rate during the forecast period. Expansion of the market in Asia Pacific is attributed to the large base of private clinics and hospitals, rising geriatric population requiring hospital services after surgery, and increasing adoption of antiseptics for wound care therapy. The market for antiseptic and disinfectant in Latin America is likely to expand at a moderate growth rate during the forecast period.

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Value Added Features in Antiseptic & Disinfectant to Fuel Global Market

The global antiseptic and disinfectant market is projected to be potentially driven by the value added features offered by various antiseptic and disinfectant manufacturing companies in order to streamline the day-to-day work flow in treating the patients and increase the revenue of the practices. The antiseptic and disinfectant manufacturing companies provide a wide range of features and benefits from patient pain heeling remedies to treatment procedures, which can be utilized by physicians and hospital staff to treat patients. These features help physicians and nurses to streamline the wound care treatment activity required for patients in order to maintain their daily workflow efficiently and effectively. The key players offering the antiseptic and disinfectant are developing value added features such as effective surgical units with disinfectant sprayer, molecular modeling of proteins and enzymes, thereby reducing the overall chances of infection and thus, improving the overall effectiveness and efficiency of medical or surgery practices. Companies are focusing on the development of combined therapy facilities in their systems in order to effectively integrate the therapy or treatment procedure along with the formulation of antiseptics & drugs, and patient education & awareness programs. These value added features save the operational time of physicians and help improve the performance of the healthcare provider.

Hydrogen Peroxide is projected to be Highly Lucrative Deployment Mode

Traditionally, hydrogen peroxide-based antiseptics and disinfectants were commonly utilized in wound therapy and other disinfectant constituents. Hydrogen peroxide products possess a greater activity against gram-positive than gram-negative bacteria. Hydrogen peroxide is widely employed as a biocide for disinfection, sterilization, and antisepsis and is commercially available in a variety of concentrations, ranging from 3% to 90%. Furthermore, these hydrogen peroxide based antiseptics and disinfectants are priced on perpetual license model and are moderately priced. Hydrogen peroxide products enable the user to practice low frequency clinical applications, allow the healing of extreme pain due to infection, and assurance of 90% recovery features by physicians are likely to propel the segment during forecast period. These hydrogen peroxide-based products address specific challenges faced during the treatment procedure due to the presence of catalase or other peroxidases in the organisms, which can increase tolerance in the presence of lower concentrations of hydrogen peroxide. Hydrogen peroxide-based products facilitate results in antisepsis and increase the level of disinfection & sterilization strength along with a combination of other chemicals.

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Healthcare Providers Dominates the Market and the Commercial Users Segment is estimated to Expand at Second-highest CAGR During the Forecast Period

In terms of end-user, the healthcare providers segment accounted for leading share of the global antiseptic and disinfectant market. It is estimated to gain market share by the end of 2026, expanding at a CAGR more than 6% during the forecast period. Expansion of the life sciences industry, hospitals, and pharmaceutical industry, etc. has led to the prominent share held by the healthcare providers segment in the global antiseptic and disinfectant market. Increasing number of multinational hospital chains and high digitization budgets for sterilization techniques are likely to drive the healthcare providers segment during the forecast period. High prevalence and incidence rates of hospital acquired infection, expansion of the hospitality and hotel industry, public hygiene, etc. are likely to boost the commercial users segment between 2018 and 2026.

Asia Pacific Offers Potential Business Development Opportunity.

North America and Europe accounted for a key share of the global antiseptic and disinfectant market in 2016. These are likely to gain market share by the end of 2026. High adoption of digital platforms for sterilization technique, and government initiatives to promote the minimally invasive surgery techniques have contributed to leading share of these regions in the global antiseptic and disinfectant market. Asia Pacific is projected to be a highly attractive market for antiseptic and disinfectant, and is likely to exhibit a considerably high attractiveness index. The market in Asia Pacific is projected to expand at high CAGR of more than 7% during the forecast period due to a large number of clinics in emerging countries such as India, China, well-established healthcare facilities, and high adoption of digital healthcare technology in countries such as Japan, Australia & New Zealand, Malaysia, and Singapore. The market in Latin America is anticipated to expand at a moderate growth rate during the forecast period.

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Key Trend of R&D to Increase Geographic Presence Observed among Leading Players

The report also provide profiles of leading players operating in the global antiseptic and disinfectant market. 3M Company, Novartis Ag, Johnson & Johnson, STERIS plc, Getinge Group, and Cardinal Health are some of the leading players operating in the global antiseptic and disinfectant market and account for a significant market share. Companies operating in the antiseptic and disinfectant industry are focusing on increasing their geographic presence by means of strategic acquisition and collaboration with leading players in respective domains and geography. According to Thornton & Ross, it has merged with Genus Pharmaceuticals, which is expected to increase the company's OTC brand business in the near future. Other prominent players operating in the global antiseptic and disinfectant include Becton, Dickinson And Company, Whiteley Corporation, and Kimberly-Clark.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Transparency Market Research

90 Sate Street, Suite 700

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Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com/