Press Releases

Infotainment and Navigation Segment is Expected to Witness Highest Growth by 2020 in The Global Automotive Cockpit Electronics Market

Posted on - Jan 19, 2015

The global automotive cockpit electronics market was worth USD 31.1 billion in 2013 and is expected to grow at a CAGR of 12.0% during 2014 to 2020, to reach an estimated value of USD 61.5 billion in 2020. Growing per capita income and an economically active global population have led to the increase in demand for personal conveyance. The global cockpit electronics market is growing mainly due to the spurt in new car sales and the increasing affordability of consumers to install advanced technologies in their vehicles. Technological advancements have been giving rise to competition in the market due to which most leading companies are investing heavily in research and development activities. 

Global Diabetic Nephropathy Market will reach $3,145.9 million in 2020

Posted on - Jan 19, 2015

Diabetic nephropathy is a disease of the kidney glomerulus and one of the most significant complications in terms of mortality and morbidity for patients with diabetes. Globally, the diabetic nephropathy market is witnessing significant growth due to increasing prevalence of diabetes and obesity in different regions of the world. In addition, increasing R&D investments in drug discovery and development and rising awareness about diabetes and kidney-related disorders are also driving the growth of the market.The global diabetic nephropathy market is estimated at USD 2,262.2 million in 2014. It is likely to grow at a CAGR of 5.6% from 2014 to 2020 to reach USD 3,145.9 million in 2020.

Global HAIs (Hospital-Acquired Infections) Control Market will reach $82,889.4 million in 2020

Posted on - Jan 19, 2015

The global HAIs control market was valued at USD 50,807.0 million in 2014 and is expected to grow at a CAGR of 8.5% from 2014 to 2020, to reach an estimated value of USD 82,889.4 million in 2020. HAIs or nosocomial infections refer to infections that are usually contracted during prolonged hospital stays. These infections are caused by the transmission of pathogens from one patient to another or from a healthcare worker to a patient. Causes of HAIs include lack of proper hospital infrastructure, lack of awareness about pathogen transmission among the hospital staff due to lack of training and poor infection control practices in hospitals.

Global Sports Supplements Market Will Reach $12,449.6 Million in 2020

Posted on - Jan 13, 2015

According to a new market report published by Persistence Market Research  “Global Market Study on Sports Supplements: Protein Powder witness highest share in product segment by 2020”, the global Sports Supplements market was valued at USD 6,800.8 million in 2013 and is expected to grow at a CAGR of 9.1% from 2014 to 2020, to reach an estimated value of USD 12,449.6 million in 2020.Increasing consumer awareness towards physical health and fitness leads to drive the global sports supplements market. Sports supplements are also viewed as dietary supplements by most consumers and taken in the form of capsules, pills, powders, gel caps, granules, and tablets, among others.

Global Beauty Device Market Will reach $54,186.9 million in 2020

Posted on - Jan 08, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Beauty Devices: Asia to Witness Highest Growth by 2020,” the global beauty devices market was valued at USD 19,389.1 million in 2014 and is expected to grow at a CAGR of 18.7% from 2014 to 2020, to reach an estimated value of USD 54,186.9 million in 2020. Globally, the beauty devices market is witnessing significant growth due to increasing disposable income, which is enabling people to spend more on personal care. In addition, rise in aging the population and increasing prevalence of skin diseases and harmful effects of ultraviolet radiation are also driving the growth of the market. 

Global Clinical Nutrition Market Will Reach $48.6 Billion by value in 2020

Posted on - Jan 02, 2015

According to a new market report published by Persistence Market Research “Global Market Study on Clinical Nutrition: Infant Nutrition Segment To Witness Highest Growth by 2020,” the global Clinical Nutrition market was valued at USD 36.9 billion in 2013 and is expected to grow at a CAGR of 4.1% from 2014 to 2020, to reach an estimated value of USD 48.6 billion in 2020.It is a condition that occurs due to deficiency of essential nutrients in the body. In 2010, around 40% of all hospital patients across the world were malnourished.

Global Disposable Plastic Blood Bags Market will reach US$4,13,084.8 thousand in 2020

Posted on - Dec 22, 2014

According to a new market report published by Persistence Market Research “Global Market Study on Disposable Plastic Blood Bags: Single Blood Bags to Witness Highest Growth by 2020 the global Disposable Plastic Blood Bags market was valued at USD 2,44,286.8 thousand in 2014 and is expected to grow at a CAGR of 9.1% from 2014 to 2020, to reach an estimated value of USD 4,13,084.8 thousand in 2020.A disposable blood bag refers to a bio-medical device that is used for collection, storage, processing, transfusion, separation and transportation of human blood and blood components.

Food Retail Market Will Reach $8,541.9 Billion Globally in 2020

Posted on - Dec 18, 2014

According to a new market report published by Persistence Market Research “Global Market Study on Food Retail: Supermarkets/hypermarkets Segment To Witness Highest Growth by 2020,” the global Food Retail market was valued at USD 5,643.6 billion in 2013 and is expected to grow at a CAGR of 6.1 % from 2014 to 2020, to reach an estimated value of USD 8,541.9 billion in 2020. It is a dynamically progressing industry and contributes to the development of several industries such as food packaging. Rising middle class population is creating growth opportunities for food retail market and is expected to drive the market further.

Global Fatty Acids Supplements Market Will Reach 269.9 Million Tons by Volume and $4,477.8 Million by Value by 2020

Posted on - Dec 15, 2014

Increasing awareness among consumers about health, diet, and fitness has helped improve lifestyles greatly. In the recent years, consumers have become more conscious of their diet intake. Fatty acids such as omega-3 offer various health benefits. Omega-3 fatty acids comprise of acidic contents such as Eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA), and alpha-linolenic acid (ALA). In addition, increasing baby boomers population is expected to drive the global fatty acids supplements market. Omega-3 EPA/DHA content has the ability to reduce the level of unwanted cholesterol in the human body, thereby lowering the risk of coronary heart diseases and blood pressure disorders.

Global Treatment for Syndromes of Dementia and Movement Disorders Market Will reach US $21,154.8 million in 2020

Posted on - Dec 09, 2014

The treatment for syndromes of dementia and movement disorders market is witnessing significant growth due to increasing R&D investments in drug discovery and developments. In addition, increasing prevalence of neurodegenerative disorders and rising awareness about mental disorders are also driving the growth of the market. However, most of the drugs fail in Phase III due to lack of sufficient knowledge about the mechanisms of the brain and the unknown causes of the disease. In addition, lack of comprehensive therapeutic management, strict regulations, and time-consuming drug approval process inhibit the growth of the market.