Articles

Global Stevia Market to Expand in North America due to Growing Demand for Low-Cal Food and Beverages

Jun 01, 2015

Stevia is a sweetener extracted from the leaves of the Stevia rebaudiana plant and commonly used as a sugar substitute. S. rebaudiana is native to South America and the usage of the plant’s leaves as a sweetener is believed to have originated with the region’s Guarani people close to 1,500 years ago. In the modern world, stevia was first taken up in Japan and China, which remain leading consumers of stevia. Research performed by Persistence Market Research indicates that up to 40% of the sweetener market in Japan is taken up by stevia, while China is the largest manufacturer of the natural sweetener and has a dominant share in the global stevia market.

Estimated Global Biopharmaceuticals Market Expansion: Asia to Lead Market by 2020

Jun 01, 2015

Biopharmaceuticals are made up of microorganisms and genetically modified substances, and are medicinal drugs produced through fermentation, purification processes hybridism techniques, and recombinant DNA techniques. Live organisms or their active components, or biological sources are utilized in the biopharmaceutical process. Biopharmaceuticals differ from the chemically synthetic pharmaceutical drugs and have blood components, blood, vaccines, somatic cells, tissues, living cells, proteins, and biological sources. In 2014, the global biopharmaceuticals market value stood at US$ 161,851.6 million and is anticipated to develop at a CAGR of 9.4% to reach US$ 278,232.9 million by 2020.

Global Neurostimulation Devices market: Analyst Predict Rise at 12.7% CAGR between 2014 and 2020

Jun 01, 2015

Rising incidence of numerological diseases is the key factor propelling the neurostimulation devices market. The market stood at US$5,088.9 million in 2014. Increasing prevalence of chronic pain coupled with increasing geriatric population, and rising investments for research and development of advanced neurostimulation devices are fuelling the global neurostimulation devices market, which is expected to reach US$10,445.7 million, expanding at a CAGR of 12.7% during the period from 2014 to 2020. The spinal cord stimulation market holds the largest share in the implantable stimulation devices market; whereas the deep brain stimulation market is expected to register the fastest growth in the future.

Rising Demand for Home Care Chemicals from Middle - Class Households to Propel Home Care Chemicals Market

May 25, 2015

Home care chemicals are used in various home or institutional cleaning applications such as surface cleaning, laundry or fabric cleaning, and dishwashing, among others. Home care chemicals are composed of disinfectants, solvents, pigments, and other additives. Increasing awareness and health consciousness has increased market opportunities for home care chemicals through demand for home care products. The global home care chemicals market was worth more than US$16 billion in 2014. Due to the strong demand figures, it is expected to grow at a CAGR of 4.6% between 2015 and 2020, according to data released by leading market research firm Persistence Market Research.

Heart Valve Repair and Replacement Market to See Asia Pacific Emerge as Influential Region

May 11, 2015

The World Health Organization ranks cardiovascular diseases (CVDs) as the leading cause of deaths worldwide, with the number of people who succumbed to CVDs being estimated at 17.5 million in 2012. This puts the importance heart valve repair and replacement into perspective. As more people are diagnosed with cardiovascular diseases, the demand for heart valve repair and replacement will see a parallel rise. This is further reiterated by the healthy rate of growth projected for the global heart valve repair and replacement market.

Global Uveitis Treatment Market to be Driven by the High Prevalence of Eye Disorders

May 11, 2015

Uveitis (intraocular inflammation) is a swelling or inflammation of the middle layer of the human eye, which is known as uvea. It is a condition that can be caused due to surgery, autoimmune disorders, inflammatory disorders, and injuries. Uveitis treatment varies as per the type of uveitis and helps to subdue inflammation, control tissue damage, reducing pain, and restore vision. In 2014, the global uveitis treatment market stood at US$539.0 million and is anticipated to reach US$822.5 million by the end of 2020, growing at a positive 7.3% CAGR between the years 2014 and 2020.

Global Electric Bus Market to be fueled by Rising Concern Pertaining to the Environment

May 11, 2015 The growing concerns pertaining to the environment among the global populace is the key reason behind the flourishing global market for electric buses. The only barrier to the growth of the global electric bus market is the high cost of these buses. However, the volatility in crude oil prices and the increasing efforts of transit agencies towards minimizing functional costs are likely to reduce the long-term impact of the cost factor. Of late, various product launches by major enterprises signify the rising level of competition in the global electric bus industry.

Corrugated Packaging Market to be Spurred by Increasing Promotion of Cost-Effective, Green, and Eco-Friendly Packaging

May 11, 2015

Expanding population, coupled with increasing per capita income, is stimulating industrial production around the world, which is expanding shipping volume around the world. Due to low expense and ease of handling, corrugated packaging is considered perfect for shipments in various commercial enterprises. In terms of application, corrugated packaging is utilized in various shapes such as sheets, liner board, boxes, and containerboards. The global corrugated packaging market is expected to expand at a CAGR of 4.0% between 2014 and 2020, to reach an estimated US$173.6 million by 2020.

Compression Therapy Market to Register Moderate Growth Till 2020, Growth Avenues to be Seen in Dynamic Compression Therapy Systems Segment

May 04, 2015

Compression therapy - customarily used for treating venous diseases and conditions - is centered on a simple and effective principle: The application of pressure using an elastic garment on the affected body part. The demand for compression therapy has witnessed an upward growth graph in recent years because of a reported rise in lymphatic and venous diseases, which include deep vein thrombosis, diabetic foot ulcers, lower limb edema, and venous eczema. The demand for treating these conditions has created a large compression therapy market globally.

Global Dietary Supplements Market to Total US$179.8 Billion by 2020 thanks to Increasing Consumer Interest in Developing Economies

May 04, 2015

Dietary supplements are nutritional substances that are to be taken along with a regular diet. These supply extra amounts of particular macro or micronutrients to make up for the dietary deficiency of the same. Leading market research company Persistence Market Research states that such growing preference from informed consumers is expected to drive the dietary supplements market to a total value of US$179.8 billion by 2020, growing at a CAGR of 7.4% upon its 2013 value of US$109.8 billion. This represents growth at a higher CAGR than the market achieved from 2010 to 2013: 6.6%.

High Prevalence of Neurodegenerative Diseases to Propel Global Treatment for Syndromes of Dementia and Movement Disorders Market

Apr 30, 2015

Dementia consists of a class of mental dysfunction that affects an individual’s intellectual ability. The exact reason of the condition is uncertain and it is related to several mental disorders and neurodegenerative diseases. The treatment for syndromes of dementia and movement disorders depends on the cause of the disease. By regional segmentation, the global treatment for syndromes of dementia and movement disorders market is segmented into North America, Rest of the World (RoW), Europe, and Asia Pacific.

Growth of Fatty Acids Supplements Market Attributed to High Birth Rate in Emerging Economies

Apr 30, 2015

Fatty acids supplements are a kind of dietary intake consumed by those with insufficient fatty acids in their body. Deficiency of fatty acids in the human body can lead to poor growth patterns in children, abnormalities of the kidneys and liver, dry skin, depression, or a weakened immune system. The fatty acids supplements market has achieved incredible growth in recent times primarily due to large-scale consumer awareness regarding the importance of these supplements. This healthy shift in lifestyle, coupled with the rising geriatric and infant population, and technological advancements have boosted the global market for fatty acids supplements.

Expanding Demand for High-Quality Products and Concern for Wellbeing of Employees Driving Global Cleanroom Technology Market

Apr 30, 2015

Cleanroom technology is utilized for the manufacture of aseptic therapeutic products or for research and development purposes. North America dominates the global cleanroom innovation market due to advanced healthcare service infrastructure. Asia is predicted to experience a high development rate in the global cleanroom technology market in the coming future owing to rising popularity of certified items and growing adoption of cleanroom technology by healthcare services in Asian nations.

DIY Trend Compelling U.S. Beauty Devices Manufacturer to Introduce Innovative Personal Care Solutions in Market

Apr 20, 2015

The global beauty devices industry is led by North America, wherein the U.S. is the largest beauty devices market. The increase in the disposable income has enabled consumers to spend more on personal-care in the region. The U.S. beauty devices industry is witnessing a surge, thanks to the rise in the awareness about the potential application of beauty devices for the treatment of problems pertaining to hair and skin. People in the U.S. are fascinated towards looking young and glamorous. This is especially true in case of the geriatric population that has also emerged as the biggest consumer of beauty devices in the region.

South Africa UHT Milk Market to Exhibit 11.2% CAGR from 2013 to 2019

Apr 20, 2015

Ultra-high temperature processing (UHT) is a widely used technique for milk production by heating it to more than 135°C, which is required to kill the spores present in milk. UHT milk, if kept concealed, has a shelf life of about six to nine months and bears the same nutritional qualities as pasteurized milk. The long shelf-life of UHT milk has encouraged users to buy it as a nonperishable grocery. South Africa is witnessing rapid urbanization in past few years, which is indirectly fueling the demand for UHT milk market across the nation, by encouraging bulk purchase of groceries, including UHT milk.

High Net-Worth Individuals to Propel Market for Technologically Advanced Luggage

Apr 20, 2015

Luggage comprises the segments of casual bags, business bags, and travel purpose bags. The global luggage market includes several types of luggage that fulfill particular requirements, such as duffel bags, suitcases, spinner bags, messenger bags, expandable bags, and carry-on bags. Growing urbanization is a major factor driving the markets for various lifestyle products. Luggage is an indispensable category of lifestyle products, especially in developed countries, and is accordingly being helped massively by the growing demand for lifestyle products. 

Rising Geriatric Population and Increasing Surgical Procedures to Drive the Surgical Lamps Market Worldwide

Apr 13, 2015

Surgical Lamps are medical devices that provide optimal illumination for surgical procedures such as neurosurgery, endoscopic surgery, dental surgery, and optical procedures. These devices are used for optimal brightness and high intensity shadow-free illumination of small sized and low-contrast substances in the cavity of the body during surgical procedures. Surgical lamps have application in operation theatres of hospitals and mobile surgery centers. The surgical lamps market is experiencing growth worldwide due to technological advancements, innovations, and increasing surgery centers in number.

Increasing Urbanization in Asia Pacific Driving Demand from Ozone Technology Market

Apr 13, 2015

Ozone is an unusual and unstable allotrope of oxygen, naturally occurring in the trioxygen (O3) state rather than the more stable and more common dioxygen (O2) state. Due to these highly beneficial operations, the global ozone technology market is expected to grow at a robust 8.1% CAGR from 2014 to 2020, growing from its 2013 valuation of US$715.4 million to be worth US$1,242 million in 2020. In line with its complicated significance to human life, however, this very same extreme capacity for oxidation makes it a highly valuable industrial chemical as an oxidizing agent.

High Prevalence of Chronic Diseases to Propel the Global Hospital Beds Market

Apr 13, 2015

Hospital beds are referred as medical equipments that are used by patients during stay at hospitals, nursing homes, and even homes. Hospital beds have characteristic features such as wheels that enable easy transfer and also side rails that prevent chances of fatal accidents. In addition, hospital beds have other features such as adjustable height for side rails and the bed, electronic buttons, and interconnected electronic devices that make the equipment extremely convenient for caregivers and patients. Globally, the hospital beds market was valued at US$5254.2 million in 2014 and is expected to be valued at US$6731.8 million by 2020 expanding at a CAGR of 4.2% in the period.

Rising Consumer Spending and Food Preferences to Drive the Food Retail Market Substantially

Apr 13, 2015

Food retail is a relatively new sector of the food industry that is progressing dynamically. It contributes to several peripheral industries such as food packaging, retail, transportation and others. The growing global population, changing consumer choices, and developing economies are paving way for the food retail sector to thrive. Additionally, increasing consumer spending on food, growing preference for private labeled food brands, and rising supermarket culture are driving the food retail market. The private label food brands are anticipated to have high impact on the food retail market in the short term and have medium impact in the long run.