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Robotic Process Automation (RPA) Market Size By Type (Automated Solution, Decision Support and Management Solution), Interaction Solution, Operation (Rule Based, Knowledge Based, Interaction Solution), Offering (Software, Service)-Global Market Trends & Forcecasts 2025

Robotic Process Automation (RPA) Market Robotic process automation is an application that enhances the process efficiency and reduces manual work hours/ labour by automating transaction based activities. With the improved cognitive capabilities in RPA, the RPA adoption is increasing in various processes to get cost reduction and shorten the completion of specific transaction intensive activities. RPA’s inherent capabilities allow recognizing and adapting deviations in data or exceptions even from large volumes of data. It can be trained to analyse large amounts of transactional data and convert them to new triggers for actions, communicates with other systems. It allows non-programmers/ engineers to create bots to automate the processes. It also allows both self-triggered and human intervention based process decision making to complete the activities. The Robotic Process Automation (RPA) market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Robotic Process Automation (RPA). This report presents the Global Robotic Process Automation (RPA) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The study objectives are: To analyse and research the global Robotic Process Automation (RPA) status and future forecast, involving, production, revenue, consumption, historical and forecast. • To present the key Robotic Process Automation (RPA) manufacturers, revenue, market share, and recent development. • To split the breakdown data by regions, type, manufacturers and applications. • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. • To identify significant trends, drivers, influence factors in global and regions. • To analyze competitive developments such as expansions, investments, agreements, new product launches, and acquisitions in the market. In this study, the years considered to estimate the market size of Robotic Process Automation (RPA) : History Year: 2014 - 2018 Base Year: 2018 Estimated Year: 2019 Forecast Year: 2019 - 2025 ...

 8/2/2019 |  Consumer Goods

Global 8K Technology Market, By Type (Television, Display, Camera), By Application (Electronics, Healthcare & Medical, FMCD, and Others ), Company (BOE Japan Co. Ltd., Canon Inc, Dell Inc., Hisense Co. Ltd., Ikegami Tsushinki Co. Ltd., LG Electronics Inc, Panasonic Corporation, Red Digital Cinema Camera Company, Samsung Group, Sharp Corporation)-Global Trends & Forecasts Upto 2025

The 8K technology market was valued at USD 148.0 million in 2018 and is projected to reach a market value of USD 663.6 million by 2023 at a CAGR of 35.0%, during the forecast period i.e. 2018 to 2023. 8K technology market is at the emerging phase of product life-cycle. Strong demand for display panels with high resolution, fast response time, and better picture quality is expected to elevate the market growth in next couple of years. The 8K technology market is witnessing an increase in the demand from various end-use industries including healthcare & medical, entertainment and commercial industries. 8K technology market is segmented on the basis of various resolutions that include 7680 x 4320, 8192 x 4320, 8192 x 5120, and 8192 x 8192. 8K UHD at 7680 × 4320 resolution is expected to experience high demand as it is best suited for monitors and televisions. Its high pixel count enables better viewing angles and high clarity of images. On the basis of product type, 8K technology market is segmented into TVs, displays and cameras. The technological advancements in these products have made the incorporation of the 8K technologies in these products easier. The market in camera segment is experiencing high growth owing to increasing demand from filmmakers for the 8K cameras due to its ability to capture better images. NHK the broadcasting company, for instance, in Japan, has launched its 8K SHV channels to provide 8K media on a large scale. Televisions segment is projected to grow at highest rate as it is mostly suited for 16:9 aspect ratio. Based on application, 8K technology market is classified into healthcare & medical, electronics, FMCD industries, and others. Healthcare & medical industry is expected to account for major share considering its ability to view and differentiate between internal tissue structures from the damaged and infected one. Since the 8K imaging systems have a high pixel count, they gain more preference over the traditional imaging techniques. APAC accounted for the major share of the 8K technology market in 2018, and this trend is expected to continue during the forecast period. Strong demand from countries such as South Korea, China, and Japan are the major factor for APAC’s dominance in the global 8K technology market. China is expected to account for the largest share of the market during the forecast period owing to the fact that there are several 8K technology providers in the country with robust display manufacturing capabilities. 8K technology market is dominated by the presence of players such as BOE Japan Co. Ltd., Canon Inc, Dell Inc., Hisense Co. Ltd., Ikegami Tsushinki Co. Ltd., LG Electronics Inc, Panasonic Corporation, Red Digital Cinema Camera Company, Samsung Group, Sharp Corporation. These players are focusing on strengthening their presence in the 8K technology market in order to meet increasing demand from consumer electronics industry with high demand for better display screens and technological advancements in microLED. ...

 6/2/2019 |  Semiconductor

Global Drone Defense System Market, By Technology (Electronic, Laser, Kinetic ), By Application (Defense and Commercial, Military and Defense, Homeland Security and Others ), Company (DroneShield , Dedrone, INC., Aaronia AG, Blighter Surveillance Systems Ltd., Thales Group, Kelvin Hughes Limited, Orelia SAS, Advanced Protection Systems Sp. Z.O.O, SRC Inc,  Israel Aerospace Industries, Airbus)-Global Trends & Forecasts Upto 2025

Global drone defense system market accounted for a market value of USD 1.2 billion in 2018, and is expected to reach USD 13.4 billion by 2023, growing at an estimated CAGR of 62% from 2018 to 2023. This shows that the global drone defense system market is growing at a rapid pace. In the U.S. alone, this is a $400 million market that is expected to reach nearly $2 billion in five years. The technology provides the means to detect and triangulate the position of UAVs, using computers and mobile devices to reflect data. Drone Defense System Market is expected to witness a promising growth in next couple of years owing to the increasing incidences of security breach by commercial drones, and along with the increasing need for the development of countermeasure systems that can safely and quickly detect anti-drones and counter them. Additionally, with the adoption of drones across various industries and product advancements in the drone technology is expected to play key role in the high growth of Drone Defense System Market. Organizations such as the U.S. Marines and the FAA are relying on advanced drone detection and mapping technology. The drone defense market is growing robustly due to the increasing misuse of drones across the globe. It deals with new emerging fears of UAVs like, terrorism, drug trafficking and corporate surveillance. On the basis of technology used to detect and disrupt UAV, the counter UAV market is classified as electronic, laser and kinetic. Drone defense system find applications in several industries including, defense and commercial, military and defense, homeland security, and others. Military and defense segment is expected to generate largest revenue because of use of UAV’s in smuggling, spying and border trespassing. The defense industry across the globe focuses on the development of drone systems that are capable enough to track and identify drones of enemies and counter them. Based on technology, the identification & detection segment is expected is lead the Drone Defense System Market. Identification & detection helps in detecting and identifying drones in range by analyzing the data obtained in the detection phase. Identification & detection is mostly used for border security and surveillance purposes. The RF sensing sub segment of the identification & detection segment is estimated to grow at the highest CAGR during the forecast period. The key players operating in the drone defense system market comprises manufacturers such as DroneShield (Australia), Dedrone, INC. (U.S.), Aaronia AG (Germany), Blighter Surveillance Systems Ltd. (U.K.), suppliers, and technology support providers, among others. These players offer wide array of advanced technology systems, products, and services with a broad range of management, engineering, technical, communications, information services, and drone defense system capabilities. Key producers of drone defense systems have headquarters in the US. These companies are increasing their manufacturing capacity in order to meet the increase demand. Based on the recent surge in orders, for instance, the Finnish- and U.S.-based company has doubled its manufacturing capacity to keep pace with demand for its pioneering drone defense technology. ...

 6/2/2019 |  Semiconductor

Global Laser Sensor Market, By Type (Digital Laser Sensor and Other ), By Application (Level Sensing, Web Tension Control, General Conveyance Detection ), Company (Fiso Technologies, Prime Photonics, Banner, Bayspec, Omron, LaserTechnology, Keyence, Ifm, Acuity, JENOPTIK LAP,MTI Instruments)-Global Trends & Forecasts Upto 2025

The global Laser Sensor Market is estimated to account for market value of USD 248 million in 2018, growing at a CAGR of 10%, to reach around USD 400 million by 2023. This report also provides historical (2013-2017) and forecast (2018-2023) revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World. The key driver for the growth of laser sensor market includes the rising usage of CMOS displacement sensor. Complementary metal-oxide-semiconductor (CMOS) optical displacement sensors cost lesser than laser displacement sensors that are better than traditional displacement sensors and are suitable for thickness measurements. Features such as immune to temperature and acoustic variations, low sensitivity to target conductivity and magnetization, and availability of higher resolution and faster response times will drive the growth of this industrial sensors market. This in turn, is expected to boost the growth of the laser sensors market during the forecast period. Major concerns faced by the players in laser sensor market comprise the stringent regulations set by regulatory bodies, such as the Occupational Safety and Health Administration (OSHA), Underwriters Laboratories (UL), and American National Standard Institute (ANSI). These regulations need to be strictly followed by all sensor manufacturing companies in the US. Additionally, these agencies have several regulations in place owing to different working environments. However, major complications arise due to the differences in terms of regulations from industry to industry and from region to region. For a global vendor, it is difficult to comply with all the regulations for every slot of their order. This not only affects the production process of sensors but also increases the cost while implementing changes. Laser Sensor market is segmented on the basis of types into digital laser sensor, CMOS laser sensor, and others. Digital laser sensor segment is expected to account for major share in the global laser sensor market. This is due to its ability to enable long distance detection for difficult applications while maintaining a focused, visible beam spot. Based on application, laser sensor market is segmented into level sensing, web tension control, and general conveyance detection. Level sensing application is expected to witness high demand during the forecast period. Laser sensors have found wide utility in the engineering for quality control and process monitoring. Laser sensor technology performs these applications with high-speed and high-precision. It can be used on multiple materials, reflective surfaces and colors, enabling manufacturers to collect continuous measurements in wide range of industries, comprising applications with moving processes, stamped or machine parts, and soft or sticky parts. Key companies profiled in this report are Fiso Technologies, Prime Photonics, Banner, Bayspec, Omron, Laser Technology, Keyence, Ifm, Acuity, JENOPTIK LAP, MTI Instruments in the terms of company profile, product capabilities, revenue, market share etc. This study further tracks and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, research and developments with the help of strategic profiling of key players in the market. ...

 6/2/2019 |  Semiconductor

Global Soft Cheese Market, By Type (Skim Milk Soft Cheese, Medium Fat Soft Cheese, Full Fat Soft Cheese), By Application (Bakery & Confectionery, Sweet & Savory Snacks, Ready Meals and Others), Company (Arla Foods, Bongrain, Devondale Murray Goulburn, Fonterra, Leprino Foods, Friesland Campina, Groupe Lactalis, Almarai, Calabro Cheese Corporation, and Bega Cheese)-Global Trends & Forecasts Upto 2025

The global soft cheese market is estimated to be around $ 41.0 billion in 2018 and will grow at a CAGR of 4.2% and reach around $ 50.7 billion by 2023. The major factors supporting the growth of soft cheese market includes the rise in food service outlets coupled with the change in taste and preferences of consumers. Soft cheese, being largely consumed in a number of fast foods such as pizzas, burgers, garlic breads, and sandwiches, is expected to gain high demand in near future. It is added as a taste enhancer in a number of cuisines across the world. U.S., being one of the largest producers of soft cheese, accounts for 30% of overall world production, followed by Germany and France. France is the biggest exporter of soft cheese, based on the monetary value, followed by Germany. Among the top ten exporters, only Ireland, New Zealand, Denmark, the Netherlands, and Australia are the export oriented countries accounting for approx. 95%, 90%, 77%, 72% and 65% of their total cheese production being exported. It is expected that the soft cheese production will increase significantly in the emerging economies during the forecast period owing to the increase in the consumption rates. The growth of soft cheese market can be attributed to the innovation and product development in the dairy industry with respect to several new types of cheeses designed for specific population segments comprising children, teenagers, affluent consumers and main stream households and for new uses of cheese in cooking, food service and food industry. The soft cheese market has been classified on the basis of types such as skim milk soft cheese, medium fat soft cheese, and full fat soft cheese. Key application segments of soft cheese include bakery & confectionery, sweet & savory snacks, ready meals, and others. The bakery & confectionery segment captured the largest share in 2017. In terms of consumption, Asia-Pacific will capture the largest share in 2017 followed by Europe and North America. Asia-Pacific will continue to dominate the market mainly due to high consumption potential, increasing standard of living, increasing production capacities, and high economic growth rate. The key players operating in the soft cheese market comprises Arla Foods, Bongrain, Devondale Murray Goulburn, Fonterra, Leprino Foods, Friesland Campina, Groupe Lactalis, Almarai, Calabro Cheese Corporation, and Bega Cheese. The soft cheese market is dominated by intense competition due to the presence of a large number of organized and unorganized players. Soft cheese market is highly unorganized in nature considering the presence of small and medium manufacturers. New product launches and expansions are the key strategies adopted by market players to expand their business and increase their customer base. Arla Foods, one of the leading player in soft cheese market, introduced a line of cream cheeses in five varieties, including herbs and spices, light, peppercorn and blueberry to expand their product portfolio and meet increased consumer demand. ...

 6/2/2019 |  Semiconductor

Global Precision Forestry Market, By Type (Remote Sensing, Real time process control scanner, Geographic information system ), By Application (Bakery & Confectionery, Sweet & Savory Snacks, Ready Meals and Others), Company (Trimble , Deere & Company, AGCO Corporation, AgJunction, Raven Industries, AG Leader, Precision Planting, The Climate Corporation, and Decisive Farming)-Global Trends & Forecasts Upto 2025

The global precision forestry market is estimated to be around $ 700 million in 2018 and will grow at a CAGR of 15% and reach around 1.40 billion by 2023. Precision forestry refers to the planning and conducting site-specific forest management activities and operations in order to improvise wood product quality and utilization, thereby helping in reducing waste, and increasing profits, to maintain the quality of the environment. Precision Forestry plays a major role in developing tools to find the best wood in existing forests and trees. It also provides the know how to grow better wood in the first place. With the advent of new technologies being developed, it assists in evaluating forests at a macro-level, enhance the ability to estimate stand volumes, and measure the properties of individual trees and logs. These tools should results into greater profitability as higher value wood can be allocated to higher value markets. However, some factors restraining the growth of the precision forestry market includes the high initial investment coupled with lack of technical knowhow among forestry management. Although digital technology has revolutionized industries worldwide, forestry has witnessed a sluggish growth in terms of adoption of new technology. However, digitization has started transforming the landscape of forestry. Studies revealed that productivity increased in the agriculture sector at rates of 5 to 25 percent annually, in sync with the returns on investment of one to two years for digital technology. Precision forestry market is segmented on the basis of technology that comprises remote sensing, navigation system, real time process control scanner, and geographic information system. Geographic information systems are expected to witness rapid growth during the forecast period. Growth of this technology is supported by the growing trend of adoption of decision support systems as it provides more accurate (realistic) information. GIS, GPS and remote sensing technologies, offer adequate resources to gain precision data with additional accuracy of information used for decision. Based on application, precision forestry can be classified on the basis of tree identification, wood material testing, soil testing, field mapping, inventory management, and others. Precision forestry is expected to witness large application in the wood material testing application. Precision forestry tools make future operation more economically viable, hence reduce cost burden and comply with environment demands. Precision forestry is an essential tool that ensures sustainable management of forest and renewable resources. Its ability to improve productivity of forest, long-term planning, global and crop inventory, planning of road network (hauling road, skid trail), sustainable utilization of renewable resources with reduced negative environmental consequences is expected to boost the market growth in near future. The ecosystem of the precision farming market comprises several technology providers that includes Trimble (US), Deere & Company (US), AGCO Corporation (US), AgJunction (US), Raven Industries (US), AG Leader (US), Precision Planting (US), The Climate Corporation (US), Descartes Labs (US), ec2ce (Spain), Gamaya (Switzerland), and Decisive Farming (Canada). Strategies such as new product developments, mergers, partnerships, collaborations, and expansions, are devised by market players to develop an edge over competitors. ...

 6/2/2019 |  Semiconductor

Expanded Polystyrene (EPS) Market Type (Black, White, Grey), By Application (Building & Contruction, Packaging, Electrical & Electronics, Automotive, Cold Storage) – Global Market Trends & Forecasts upto 2023 

The total expanded polystyrene (EPS) market is expected to grow at a CAGR of 5.3% from 2017-2023 and reach $ 19.9 billion by 2023. Increasing population and urbanization in developing countries such as India, Thailand, Brazil, etc. have resulted in the growth of manufacturing sectors such as automotive, packaging, and building & construction. This growth in different industries coupled with the huge demand for packaging solutions in the food and beverage & medical and pharmaceutical sector to enhance product safety and freshness of packaged food and medicines during transportation largely drive the EPS market growth. In terms of types of EPS, white EPS accounted for the largest market share in 2017, followed by black and grey EPS. White EPS exhibits superior mechanical durability and water resistant properties, which make it suitable for various end-use industries. EPS finds its heavy utility in the building and construction sector. In 2017, the packaging and building & construction sectors emerged as the leading end use industries capturing market share. Major packaging applications include retail, food, and consumer goods. The rising demand for EPS in cold chain packaging solutions is expected to drive the market for EPS in the packaging sector. Its applications in the building and construction sector include insulated panel systems for walls, roofs, and floors as well as facades for both domestic and commercial buildings. Rising growth in the building and construction industry will eventually result in the growth of the EPS market. Automotive is another significant end use industry for EPS. Asia-Pacific was the most favoured market for EPS in 2017 that bagged the largest market share. The region is expected to grow at the fastest rate of 6.3% from 2017-2023 that will remain the leading market in 2023 as well. China subjugated the EPS market in Asia-Pacific due to the growing electrical and electronic and packaging application in the country. A shift of manufacturing companies to India, China, Indonesia, etc., has been observed because of the availability of low cost labour and raw materials. The demand for EPS in North America and Europe has been anticipated to grow at a moderate rate. EPS is banned in food packaging applications in several states of the U.S. as EPS waste causes tremendous trouble when it leaks into marine environments and contaminates water. However, EPS recycling techniques are now trending in Europe. Greenmax, DUE Recycling Systems, etc., are the companies that provide solutions to recycle EPS. The market is highly fragmented due to the presence of a large number of EPS manufacturers. Companies are working closely with consumers to address their need regarding EPS and with their latest R&D companies that are designing EPS products with exceptional properties. In 2014, BASF started to use an innovative flame retardant “PolyFr”. All of BASF’s Styropor, Neopor, and Styrodur polystyrene products for the European market have better flame retardant properties than HBCD (hexabromocyclododecane), which was used in the past. Some of the major players that operate in this market are BASF, SABIC, INEOS, Total SA, Nova Chemicals Corporation, Synthos S.A., Alpek S.A.B. De Cv, PJSC Sibur Holding, ACH Foam Technologies Inc., Versalis S.P.A, Nova Chemicals Corporation, Synbra Holding BV and Flint Hills Resources, LLC, & others. ...

 3/6/2018 |  Chemicals & Materials

Service Robotics Market, By Operating Environment (Aerial, Ground-based, Marine), Application (Professional Application, Personal Application) - Global Market Trends & Industry Forecasts Upto 2023

The market for social robots has reached $ 7.9 billion in 2017, an increase of 7.0% over the previous year. Professional service robots accounted for two-third of the overall market and are expected to account for a major share of the service robotics market through 2023. The increase in market is expected to be driven by the increasing demand for logistics robots in manufacturing and non-manufacturing sectors, defense applications robots, and inspection and maintenance robots. Robots have now moved beyond the realm of traditional jobs doing repetitive functions, such as assembling of parts and welding, in the manufacturing and automotive industries. With the advancement in technologies, robots are becoming smarter and intelligent fostering the dissemination of new technologies and new innovations advancing the ability of robotics to assist and support humans perform several tasks. Service robots are slowly becoming ubiquitous, delivering newer efficiencies across several applications from assisting in personal tasks to professional services. With the growing integration of robotics with digital forces, such as cloud, artificial intelligence, and analytics, service robotics are bridging the gap between theory and practice in all areas of robotics and intelligent systems. [<<img 10.png>>] The value chain of the service robotics ecosystem comprises several companies and research institutes to provide several activities from research and design to manufacturing and assembly of components to services. Service robotics are witnessing signs of robotic revolution with several startups entering the space backed by several venture capitalists as well large conglomerates incubating the newer technologies. Companies in the robotic value chain range from diverse applications. The focus of service robotics is shifting to the advanced robots with high level of artificial intelligence in terms of their interaction with the environment and the ability to continuously improve their decision making based on external feedback. Service robots have potential market in several new applications across several sectors, including logistics, education, defense and security, healthcare, agriculture and forestry, entertainment, space, domestic tasks, personal and elderly assistance, home security. Several companies are focusing on developing world class robots that are human friendly and add value to the people and businesses that deploy them. The market for social robotics is expected to be driven by the Shift from trend from the strictly structured environments into the unstructured environments and also shorter payback period and higher return on investment. Growing demand for drones from military and non-military applications also expected to boost the demand for drones. However, increase in aging population across the world would encourage the demand for rehabilitation of robots, growth potential across developing nations, persistent requirement of technologically advanced service robots, especially from defense and security verticals are presenting opportunities for service robotics. In addition, the advancements in self driving cars and artificial enabled social robots will have a potential market across the globe. Robots are expected to play a key role throughout the retail value chain including both front-end and back-end operations with the integration of big data and analytics and cloud computing, Pervasive Computing, and artificial intelligence. Several social robots are expected to hit the market in 2018-2019 with the advanced technologies and capabilities to help humans of different age groups from kids to elderly assistance. In January 2018, Paaila Technology (Nepal) launched waiter robot, a smart, reliable and autonomous robot to take valued customers' food order from kitchen to table. The company also plans to launch Room Service Robot in February 2018. In January 2018, Aflac Incorporated (US) unveiled a smart robotic companion, “My Special Aflac Duck” for children who have cancers. In January at CES 2018, Aeolus Robotics launched the Aeolus Robot, a multifunctional in-home robot powered by artificial intelligence (AI) and machine learning. FoldiMate, Inc. (US) is expected to ship the improved model of robotic laundry folding machine for home use by late 2019. North America has been dominating the market for service robotics and is expected to continue to account for the major market through 2023, followed by Europe. Technological advancements and new product developments have accounted for the major driving factor for North American market to hold the largest market share among all regions. Moreover, the presence of major players such as Amazon.Com, Inc. (U.S.), Bluefin Robotics (U.S.), iRobot Corporation (US), Google, Inc. (U.S.), Adept Technology, Inc. (U.S.), GeckoSystems Intl. Corp. (U.S.) and Northrop Grumman Corporation (U.S.) in the North American region also contribute significantly toward the growth of this market. Some of the major companies dominating the service robotics market include KUKA AG (Germany), Bluefin Robotics (US), iRobot Corporation (US), Adept Technology, Inc. (US), Northrop Grumman Corporation (US), GeckoSystems Intl. Corp. (US), ECA Group (France), and Honda Motor Co., Ltd. (Japan). ...

 3/6/2018 |  Semiconductors

Wearable Medical Devices Market By Type (Activity Monitors, Smart Watches, Smart Clothing, Patches), Distribution Channel (Pharmacies, Online Channel, Hypermarkets) Device Type [Diagnostic & Monitoring Devices, Vital Signs Monitoring Devices (Heart Rate Monitors, Pulse Oximeters, Blood Pressure Monitors) - Global Market Trends & Forecasts Upto 2025

The global wearable medical devices market is estimated to reach 14.6 Billion by 2023 from $ 5.5 Billion in 2017, at a CAGR of 18.5% during the forecast period during the forecast period of 2018-2023. The market for wearable medical devices is expected to attain a considerably high growth in coming years as their impact is not merely limited to the usual customer uses, like activity tracking and smart watches but are extended deep into medical applications. A majority of successful wearable devices are the ones that are designed to aid diagnosis, monitoring, and treatment of specific medical conditions that the smartphone apps are unable to address. Unlike health apps or conventional wearables that merely track the number of calories burned by the user, medical wearables are designed to address a range of specific medical conditions like chronic obstructive pulmonary disease, asthma, heart arrhythmia, pain management, breast cancer, and various other ailments. Instead of just tracking data on smart phone, medical wearables allow the medical personnel to compile relevant data and offer diagnosis, aid patient management, and help research studies. This is one of the key drivers of this market. Additionally, the growing prevalence of diseases that requiring continuous monitoring is another major trend that is responsible for propelling the market for wearable medical device market. Some of the specific areas like patient monitoring, home healthcare, and health and fitness are key factors responsible for this trend. Furthermore, technological advancements and appealing product features like smartphone connectivity coupled with the increasing smart phone penetration and growth in the healthcare smart phone apps are also likely to drive the adoption of wearable medical devices. Moreover, there is an increasing requirement for self-health monitoring and preventive medicine owing to the projected exponential increase in the geriatric population. Recent advancements in these technologies have the capability to reduce the overall costs for prevention and monitoring. This is possible by constantly monitoring health indicators in various areas, which is easily achievable through the use of wearable medical devices. Moreover, to structure the medical Internet of Things, these wearable devices now have been efficiently integrated with telemedicine and telehealth. All these factors are collectively responsible for driving the growth of this market However, some of the major restraining factors in this market include the complexity involved in their designing and development process, their high cost and regulatory obstacles. The stringent safety and accuracy standards that these devices need to meet is a key factor responsible for the current limited adoption of these devices. Regulatory obstacles, compliance issues, and the insurance reimbursement must all be considered when anticipating the broader use of medical-grade wearable devices. Moreover, the accuracy of popular wellness trackers is highly debated and these wearable medical products need to be validation and approval from the U.S. Food and Drug Administration and ISO standards, where the accuracy and reliability is strictly monitored. Moreover, these devices present certain limitations, as most of these are not suitable for the medical monitoring of high risk patients. In-spite of these limitations, the perceived benefits successful products which are yet to be launched will drive the market to nearly $ 5.5 billion. The segments are categorized by type (activity monitors, smartwatches, smart clothing, patches), distribution channel (pharmacies, online channel, hypermarkets) by device type [diagnostic & monitoring devices, vital signs monitoring devices (heart rate monitors, pulse oximeters, blood pressure monitors, glucose monitoring devices, sleep monitoring devices, fetal monitoring & obstetric devices, neuromonitoring devices), therapeutic devices (pain management devices, rehabilitation devices, respiratory therapy devices, insulin pumps], by application (sports & fitness, remote patient monitoring, home healthcare) Some of the key answers the study intends to provide are- • Why activity monitors segment is expected to grow at a faster rate? • What are the impacts of the regulatory scenario? • Which companies having an edge? • Why sports and fitness segment is expected to grow at a higher growth rate? • What are the latest technology trends? • Survey on “Customer Preference on wearable medical devices”. Some of the major players dominating the market are Philips, Garmin, Lifewatch, Omron, Drägerwerk, Nokia Technologies, Jawbone, Polar Electro, World Global Network [Wor(L)D], Activeinsights, Vitalconnect, Xiaomi, Misfit and Monica Healthcare. ...

 3/6/2018 |  Healthcare

Ceramic Sanitary Ware Market By Technology (Slip casting, Tape casting, Pressure Casting), Type (Washbasins, Water Closets, Cisterns, Pedestal, Bidets, Urinals), Application (Commercial, Residential)-Global Market Trends & Industry Forecasts Upto 2025

The global ceramic sanitary ware market was valued at $ 41 billion in 2018 and is expected to reach grow at a CAGR of 9.8% reach $ 60 billion by 2023. The factors favoring the market growth are increase in middle class income group, rising disposable, changing lifestyle, government initiatives for hygiene and sanitation in developing regions. By technology, the ceramic sanitary ware market has been classified as slip casting, tape casting, pressure casting and others. Slip casting captured the largest share in 2017 as it offers slip casting will capture the largest share it has advantages such as that complex geometries is shaped easily, universal technology which fits in every design and every clay. By type, the ceramic sanitary ware market has been classified into washbasins, water closets, cisterns, pedestal, bidets, and urinals. In 2017, wash basins captured the largest share as wash basin installation is essential in every residential and commercial construction. In 2017, the market for ceramic sanitary ware market has been dominated by the Asia-Pacific region, followed by Europe and North America. Asia-Pacific captured the major market share of the worldwide market for ceramic sanitary ware in 2017 and is expected to continue to be the major market through 2023. In terms of countries, five countries, including China, India, Brazil, Egypt and Turkey will experience high growth in the ceramic sanitary ware market in 2017. This market is driven by the considerable investments in ceramic sanitary ware for new production capacities in the emerging markets and also significant investments in modernization of production facilities in major producing countries. Companies have been focusing on launching new products in this market. Some of the major companies dominating the ceramic sanitaryware market include TOTO (Japan), American Standard, Grohe, and Roca Sanitario SA, Tangshan Huida Ceramics Group, Arrow Ceramics Co. Ltd, Foshan EAGO Sanitaryware Co. Ltd, and Chongqing Swell Ceramic Industry Group, Kohler Group, Roca Sanitario SA, Inax , Duravit AG, Kita-Kyushu, RAK Ceramics, Eczacibasi Holding Co., Ceramica Althea, Villeroy & Boch , and Sanitec , Duratex , Corona Group, Cisa Holdings, Ferrum S.A. De Ceramica Y Metalurgia, and Hervy Sanitary ware and Others. ...

 3/6/2018 |  Chemicals & Materials