Market Opinions
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GPS and Smartphone Emerging as Sought-after Technologies in Fall Detection Systems Market
Published On : Mar 03, 2020
With rising intervention of smartphone technology and a constant surge in healthcare expenditure, it is highly likely that the sales of supportive tools, such as fall detection systems, will witness steady growth over the course of coming years. As indicated in a new research intelligence outlook of Persistence Market Research (PMR), the global fall detection systems market size was worth US$ 380 Mn in 2018. The report opines that the worldwide sales of fall detection systems are set to witness ~4.5% CAGR during the predefined period of forecast, i.e. 2019-2029.
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Retail Vending Machines Poised for a Smart Upgrade
Published On : Feb 27, 2020
Vendors are leaving no stone unturned to scour novel ways of enhancing customer experience. Intelligent vending machines are emerging as a one stop solution for cost-effectiveness and convenience. With robust and progressive advancements in digitization, vending machines are maximally utilizing store space and smartly dispensing products in exchange for money. Conventional vending machines are now undergoing a paradigm shift with radical breakthroughs in technology. Smart sensors and AI are shape-shifting the way consumers are paying and purchasing. Their use has brought transformative opportunities to the retail space and greatly enhanced profit margins.
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Increasing Demand for Clean Label Products Drive Bromelain Market Growth
Published On : Feb 25, 2020
The rising inclination towards plant-sourced ingredients is fueling the global sales of bromelain-based products. Bromelain is becoming commonplace in different applications, from digesting proteins in industrial settings to preventing dough re-shrinkage in bakery stores. In addition, the enzyme has become a vital component in various cosmetic formulations including, anti-aging solutions, and skin conditioners.
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The Need to Achieve Sustainable Health Drives Sports Nutrition Ingredients Market
Published On : Feb 25, 2020
The quest for achieving sustained health and wellness has been intensifying across the globe in recent years. Earlier, the consumption of various sports supplements was limited to athletes. However, myriads of consumers are exhibiting interest in sports nutrition ingredients, particularly gym enthusiasts.
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Spirulina Extract Market Grows in Line With Rising Inclination Towards Clean Label Products
Published On : Feb 25, 2020
The global market for spirulina extract has been growing at a moderate pace. With consumers accelerating their shift towards clean label products, the worldwide sales of spirulina extract-based items are expected to expand rapidly. Market players are tapping white spaces in the cosmetic & personal care industry.
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The Global Market for Bicycles Set to Witness 3.7% CAGR over 2016-2024
Published On : Dec 16, 2019
In terms of value, the hybrid bicycles segment is expected account for over 38% of global bicycle market share, followed by the road and mountain bicycle segments, which are projected to account for more than 49% share of the market collectively.
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Key Benefits of Using Chelated-Iron as Agricultural Micronutrient
Published On : Jun 10, 2019
The value of global chelated-iron agricultural micronutrient market is anticipated to procure an estimated US$ 51.4 Mn by the end of forecast period 2015-2020, registering a CAGR of 6.8%. Ethylenediaminetetraacetate (EDTA) and EDDHA, among others, are common chelating agents dominating the global market by providing cost-effective production of chelated-iron agricultural micronutrients.
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Newest Applications of Wearable Digital Walkie-Talkies
Published On : Apr 20, 2019
Application of wearable devices has evidently expanded beyond the predicted boundaries, evolving as a highly adaptable section among electronic devices. In a similar way, wearable digital walkie-talkies market are also extending their applicability spectrum and exploring newer prospects for product development.
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Peripheral Intravenous Catheter to Gain Higher Foothold in the Coming Years
Published On : Jan 07, 2019
Amongst these intravenous catheters, the peripheral intravenous catheter market has gained a significant amount of recognition in the recent times. A normal peripheral intravenous catheter can be used between four to five days and should be replaced after the stipulated duration.
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Redefining Medical Case Management Services
Published On : Sep 26, 2018
Medical case management services market can effectively reduce unnecessary medical expense and complications. These services facilitate patient reimbursement policies and initiate an appropriate medical plan of care.
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SMEs Embracing VoIP Services, APAC Projected to Lead Global Market
Published On : Jul 10, 2018
The result is seen through a substantial growth in the global VoIP services market that is projected to rise with a 9.6% CAGR for the forecast period of 2016 up to 2024. With a market valuation at US$85.9 bn for the year 2015, the global VoIP services market is expected to stand at US$194.5 bn at the end of the forecast period.
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Cost-efficient Features, Government Support Driving Global Tankless Water Heaters Market
Published On : Mar 12, 2018
Conventional water heaters consumer a massive amount of energy which is a factor for energy shortage. To tackle this issue, tankless water heaters are a solution as they consume less energy and provide instantaneous hot water. The result is a high efficiency unit that has generated massive demand in the global tankless water heater market. The market valuation for 2016 is estimated at US$16.93 bn and this is projected to rise at a healthy CAGR of 5.3% by 2024 to reach US$25.50 bn by the end of the forecast period.
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Rise in Geriatric Population, Home-based Users Fueling Demand for Personal Emergency Response Systems
Published On : Jan 12, 2018
The global geriatric population is a witnessing steady rise and this has resulted in the demand for personal emergency response systems. A majority of the aging population prefers living alone or with caretakers. Caretakers include children who classify under the working class. Since the children are unable to take care 24x7 this is driving growth in the personal emergency response systems market. The global personal emergency response systems market is estimated to value US$3.42 bn in 2016 and is expected to rise at a steady CAGR of 8.0% for the forecast period of 2016 to 2024.
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Rising Security Concerns Boost Global IT Infrastructure Monitoring Market
Published On : Jul 12, 2016
Major companies and SMEs are targeting maximum uptime of its IT infrastructure to reduce company losses. An efficient IT infrastructure monitoring system reduces server downtime and provides real-time updates and prior warnings in case of system failure. Equipped with this information, precautionary measures can be taken accordingly to reduce downtime for the lowest possible period. This feature has significantly driven the global IT infrastructure monitoring market.
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Increased Incidence of Cardiovascular Diseases Driving Global Holter Monitoring Systems Market
Published On : Jul 11, 2016
The global holter monitoring systems market has received a substantial boost in demand due to rising cases of cardiovascular diseases among the global population. The average age of the occurrence of cardiovascular diseases has been lowering in recent years and the demand for the effective treatment of cardiovascular diseases has increased since.
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Increasing Incidence of Cardiovascular Diseases Boosting Global ECG Devices Market
Published On : Jul 11, 2016
The growing burden of heart ailments across the globe is being touted as a major factor fueling the demand for ECG devices. An increase in the number of individuals ailing from heart diseases and the rise in awareness regarding cardiovascular diseases have led to the substantial growth of the global ECG devices market. The market is expected to develop at a steady 4.1% CAGR for the forecast period of 2016 to 2024.
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Pharmaceuticals Offer Ray of Hope as Environmental Concerns Hamper Global Bromine Market
Published On : Jul 11, 2016
The global bromine market has been witnessing a minor slump as the element is being subjected to strict regulations by concerned authorities over environmental degradation. Though the consumption of bromine is expected to rise by a meager amount, the overall global bromine market is expected to be considerably hampered as industries have begun looking out for eco-friendly alternatives to bromine.
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Rising Online Transactions Advancing Global Smart Cards Market
Published On : Jul 08, 2016
The major issue with electronic transaction is the increased security threats. Also, unlike any other market, the transactions market also has to move forward with induction of new technologies resulting in the development and application of smart cards across the globe. The global smart card market is projected to rise from US$7.90 bn in the year 2015 to the value of US$15.1 bn at the end of the forecast period of 2016 up to 2024 rising at a healthy 8.4% CAGR.
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Increasing Application in Human Nutrition Boosting Global Iodine Market
Published On : Jul 08, 2016
Iodine finds application in a wide array of industries ranging from x-ray contrast media, biocides, human nutrition, catalysts, LED/LCD polarizing films, feed additives, and sterilizing agent. The global iodine market is projected to value US$1.68 bn at the end of the forecast period of 2016 up to 2024.
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Post-Operative Demand Boosting Global Elastomeric Infusion Pumps Market
Published On : Jul 08, 2016
The use of elastomeric pumps is critical as it helps in maintaining the flow of drugs to the patient. In case of failure, the result could be fatal for the patient making elastomeric pumps and its proper functioning critical. The demand for elastomeric pumps is witnessing positive growth owing to the rise in the healthcare spending by people and the increase in number of surgeries being conducted. The global elastomeric infusion pumps market is estimated to value US$644 mn at the end of 2024 at a moderate 5.8% CAGR.
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