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Industrial Valves Market is Projected to be Fueled by Rapid Technological Advancements

Some of the key players operating in the industrial valves market are Pentair ltd, Flowserve Corporation, Emerson Electric Co, FMC Technologies, Alfa Laval AB, L&T Valves Ltd, IMI plc, Crane Co, AVK Group, Tyco International, Kitz Corp, Circor International, Inc., Curtiss-Wright Corp. and Cameron International Corporation among others.

Industrial valves are devices that control the flow and pressure of liquids and gases within a system. Valves are used to control the flow of liquids and gases in the piping systems and it should be checked consistently to avoid any risks such as leakage and corrosion. On the other hand, valves used in industries can be operated manually or automatically.

Growth of industrial valve market is driven by increasing demand in industries such as oil and gas, wastewater and power among others. The government of developing countries such as Brazil, India, and China among others is investing heavily in pipeline infrastructure development mainly in oil and gas sector, which is expected to drive the installation of industrial valves over the forecasted period. This result in higher demand of valves used in valve actuators namely, electrically, hydraulically and pneumatically among others in different industry verticals. Moreover, continuous generation of power via existing and old power plant is also driving the demand for industrial valves market in power sector.

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Some of the major restraints for industrial valves market are price war among vendors and strict government regulations and policies in the market. The participation of cross-industry vendors in the industrial valve market is also escalating the competition among valve vendors. For instance, pump and filtration vendors are offering valves along with the core valve vendors. However, the companies would have to develop specialized products in order to bring about product differentiation and produce higher margin valves which will be less vulnerable to competition.

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The main types of industrial valves includes are ball, globe, gate, and butterfly valves among others Ball valves are used in rotational motion to start, stop or throttling the flow of fluids in the system. The industrial valves market can be further segmented by end use industries such as oil and gas, chemical and power among others. The growth in revenues of the industrial valve market is observed with multiple factors such as increased sale of industrial valves in building new infrastructure development and utilities globally. In addition, repairs and renovation in the existing infrastructure also drives the growth of industrial valve market.

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Locking Retractor Market: Recent Industry Developments And Growth Strategies Adopted By Players

Major firms operating in the locking retractor market include VELM (Italy), BAS (NW) Ltd (the U.K), Fasching Salzburg GmbH (Austria), Beam’s (the U.S), Daimler AG (Germany), XS Scuba (the U.S), American Seating (the U.S.), Changzhou Wangchao Vehicle Co., Ltd. (China), Heshan Chang Yu Hardware Co., Ltd (China), Hornling (Taiwan), and Wujiang Solid Automobile Parts (China).

A locking retractor is a part of a vehicle seat belt safety system. The retractor holds the webbing of a seat belt system. The retractor helps to keep the passenger safe in case of a collision during the journey.

Rising awareness of passenger safety even in emerging and developing economies is estimated to increase the demand for seat belt systems and subsequently increase the demand for locking retractors. Locking retractors locks the webbing at a specified position as selected by a passenger to make his or her journey secure. The retractor does not allow any extra webbing and helps to keep the passenger in upright position in automatic locking retractor. Passengers get uncomfortable during normal journey due to stretched webbing.

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A new type of retractors known as emergency locking retractors allows free movement of passengers but locks the webbing instantly during vehicle de-acceleration or crash. Thus, rising technological innovation of locking retractors is further projected to increase their demand. Sweden-based automotive manufacture, Volvo first introduced three-point safety belt for passengers in 1959. Transition from two-point safety belt system to three-point safety belt system is also anticipated to increase the demand for locking retractors. Rising demand for automobiles across the world is estimated to increase the demand for locking retractors. A major restrain for the locking retractor market is poor implementation of automotive safety rules by authorities in emerging and third-world countries. Furthermore, passengers in these countries are not sensitive to passenger safety issues. Autonomous driving is likely to require a new class of locking retractors. There is a significant opportunity to create new and sophisticated locking retractors due to the advent of autonomous driving in the next decade. This is projected to increase the demand of locking retractors.

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In terms of type the locking retractor market is segmented into manual locking retractors, automatic locking retractors and emergency locking retractors. In terms of vehicle type the market is segmented into passenger vehicles, heavy commercial vehicles and light commercial vehicles. The share of emergency locking retractors is more than automatic locking retractors. In locking retractor market, the share of passenger vehicles is more than the share of light commercial vehicles and heavy commercial vehicles.

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IoT Analytics Market Market CAGR Projected to Grow at 16.2%through 2025

Internet of things (IoT) analytics helps user by auto-generating operative and functional data with generation of intelligent analytics. Owing to its benefits including better efficiency, reduced operational costs and infrastructural optimization these technologies witnessing increased adoption of IoT based technologies. Rapid growth in IoT adoption and collaborations between involved cutting edge systems for delivering its business applications are fuelling demand for Platform as a Service (Paas), to the large extent it is aiding implementation of IoT.

During the forecast period the global IoT analytics market is expected to exhibit an ever-growing 16.2% CAGR by 2017-2025 as per recent published report by RRI.
RRI’s report also projects increased global IoT analytics market from US$ 19,415.1Mn in 2017 to surpass US$ 60.000 Mn by 2025-end. The emergence of niche players in IoT market and their collaborations in cutting edge technology exhibiting continuous launching of IoT analytics offering.

IoT Analytics Market Segmentations – By Components: Software, Services; By Deployment Type: On-Premise, SaaS; By Verticals: Healthcare, Retail, Transportation & Logistics, Government, Manufacturing, IT & Telecom, Energy & Utilities, Others

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Software to be the Most Striking Piece of IoT Analytics by 2025-End
Revenue accumulated from software component of IoT analytics will exceed US$ 10,000 Mn in 2017. This number is projected to reach nearly US$ 40,000 Mn.by 2025 end. Also, the service components involved in IoT analytics are projected to witness fastest development at over 20% CAGR through 2015. Seemingly software to be the most lucrative segment of IoT analytics by 2025 end.

North America resumes the highest share of the market with revenue around US$ 50,000 Mn by 2025 and estimated to exhibit highest CAGR in the global IoT analytics market. In addition, Europe is expected to account for 10% market share amongst other IoT analytics market which will allow it to stand second in global IoT analytics market by 2025.In opposition to, Middle East and Africa (MEA) region will register a comparatively lowly CAGR during the forecast period in the market.

Global IoT Analytics Market Projected to Touch US$ 19,415.1 Mn in 2017
Onsite Application Deployment of IoT Analytics to create an Incremental Opportunity of US$ 27,278.7 Mn through 2017- 2025

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IoT Analytics on- premise deployment will remain sought-after in the market. Being a prominent implementation activity this deployment type service segment is estimated to make an uplifted opportunity to witness over US$ 27,278.7 Mn by 2017-2025 end. Additionally, Saas will remain be the fastest growing deployment type of IoT analytics which will be expanding with 18.5% through 2025.
Global healthcare will remain the largest leading vertical for global IoT analytics market as the effect the retail is expected to witness fastest growth for IoT analytics. The healthcare alone is expected to account for above 70% market value share during the forecast period through 2025. The second highest CAGR in the market is expected to hit by transportation and logistics sectors. Adjacently, Energy and Utilities vertical in IoT analytics will countersign a comparatively low CAGR through the forecast period.

Vigorous acceptance of IoT Analytics in Healthcare Sector to Uplift Market Growth in North America

In North America number of IoT applications and connected devices witnessing an uplift owing to noticeable demand for IoT Services. The IoT domainadvancement and biddingbetween involved key players for development of service platforms will result in to better forecasting, management and optimization of business operational processes. This further devotes in improving profitability, efficiency as well as resolving pitfalls. North America witness predominant adoption of IoT analytics by healthcare sector attributed to number of pros such as adoption of customized IoT digitalized solution hastens the collection of patient history data for record, population numeric data, health survey data and various other databases. Such factors are projected to drive demand for IoT analytics in North America.

In Europe large number of techno projects utilizing data sets and IT tools by enterprises. The IoT Analytics is readily acceptable for large enterprises which possess adequate capital and data support system. Leading enterprises are investing huge capital in tools requirement of IoT analytics and their implementation. Through the forecast period above features are expected to gain the market.

Report Analysis@ https://www.researchreportinsights.com/report/rd/110114959/IoT-Analytics-Market 

Key market players identified in RRI’s report include IBM Corporation, Microsoft Corporation, Intel Corporation, Cumulocity GmbH, Tableau Software, Cisco System Inc., Oracle Corporation, Aeris Communication, Accenture PLC.

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Hepatitis C Treatment Market CAGR Projected to Grow at 13% through 2024

Demand for Hepatitis C Treatment Expected to Remain High in North America during 2016-2024

According to a recent study conducted by RRI, the global market for hepatitis C treatment is expected to expand at a CAGR of over 13% during the forecast period (2016-2024). By the end of 2016, market is anticipated to stand at US$ 26.6 and is estimated to surpass US$ 71 Billion by 2024.

Factors such as higher per capita healthcare expenditure worldwide and growing prevalence of hepatitis C infections in countries such as U.S. and Canada is expected to drive the global market for global hepatitis C treatment during the forecast period. Moreover, increasing awareness campaigns by private NGPOs and encouraging government initiatives to limit infection is also supporting the market growth. On the other hand, expensive drugs for hepatitis C treatment and lack of awareness about hepatitis C infection amongst the people in developing regions across the globe may inhibit the growth of the market during the forecast period.

On the basis of drugs, the global market for hepatitis C treatment has been segmented into HCV NS5A inhibitors, HCV protease inhibitors, interferon & antiviral, HCV polymerase inhibitors, and combination therapy. Amongst these, combination therapy is expected to be the largest, accounting for the highest share of the market. The segment is expected to expand at a CAGR of over 13% during 2016-2024.

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On the basis distribution channel, the market has been segmented into online pharmacies, hospital pharmacies and retail pharmacies. Hospital pharmacy is expected to be the most dominant segment during the forecast period. By 2024, the segment is anticipated to account for over 43% share of the market in terms of revenue. Due to increasing occurrence of hospitalization and improved services and accessibility, demand for the segment is expected to grow higher in the near future.

On the other hand, the online pharmacies segment is anticipated to witness the highest CAGR over the forecast period. The growth of the segment is due to ample stock of hepatitis C treatment drugs with added discount offered by online drug pharmacies.

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On the basis of region, North America is expected to be the leading market for hepatitis C treatment, estimated to account for 45% share by the end of 2016. Whereas, the market in Asia Pacific is anticipated to expand at an overwhelming CAGR of over 14%. By 2016, Europe is estimated to contribute over 19% share to the global market for hepatitis C treatment. The market in Latin America is expected to witness a sound growth, which was estimated at US$ 2,915.8 Million in 2015 and is expected to surpass US$ 3,311 by 2016 year end. In 2015, the market in the Middle East and Africa (MEA) region stood at US$ 1,792.5 Million and is anticipated to cross US$ 1,988 Million by the end of 2016.

Vendor News 
Key participants operating in the global market for hepatitis C treatment include F Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company, Gilead Sciences, Inc., Johnson & Johnson, Merck & Co., Inc., AbbVie Inc., and Kadmon Holdings, Inc. Most of these companies are actively focusing on partnering with healthcare solutions and service providers in order to offer better patient treatment and enhance operational efficiency.

Report Analysis@ https://www.researchreportinsights.com/report/rd/110114958/Hepatitis-C-Treatment-Market 

Summary: The global market for hepatitis C treatment expected to grow at a pronounced rate.

Eye Care Supplements Market – Market Demand, Growth, Opportunities, latest trends and drivers during 2018 To 2023

Market Synopsis of the Global Eye Care Supplements Market
The market for eye care supplements is expected to growth at an exponential rate owing to an increasing prevalence of eye diseases and chronic diseases such as diabetes, which are risk factors for eye disease. Furthermore, demand for eye care solutions is increasing across the globe. Therefore, majority of the market players have great opportunities in this market by using strategic approaches such as geographical expansion.

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Eye care supplements are products containing vitamins and other nutrients that are useful for maintaining eye health and good vision. They improve eye health and can be used for the treatment of a number of related diseases such as cataracts, diabetic retinopathy, and glaucoma. Many people face the problem of poor vision. The primary method of improving the vision is use of dietary products extracted from both natural and synthetic sources such as plants. Antioxidants, omega fatty acids are the most widely used eye care supplements across the globe. 

Market Dynamics

Growing Eye Diseases and Disorders Is The Prime Determinant Of The Market Growth

According to the World Health Organization (WHO) estimates, about 285 million people are visually impaired worldwide. According to the Royal National Institute of Blind People (2016), the number of people living with sight loss is expected to reach 2.7 million by 2030 due to possible cases of refractive error, cataract, glaucoma, and others. According to the National Eye Institute, the number of people in the U.S. with cataract is projected to double from 24.5 million in 2010 to 50 million by 2050. Moreover, in 2015, National Eye Institute stated that more than half of the Americans suffer from cataract-related problems in their lifespan.

Growing Awareness And Geriatric Population Is Charging A High Market Demand

According to the Economic and Social Commission estimates for Asia and the Pacific, in 2016 about 12.4 % of the population within the region aged 60 or more and this geriatric population is projected to reach 1.3 billion by 2050. Increasing prevalence of eye diseases and chronic diseases such as diabetes, which are risk factors for eye disease is another driver of the market.

High Cost And Lack Of Healthcare Coverage And Infrastructure In Developing Regions Expected To Hamper Market Growth

The high cost of eye care supplements may restrain the market growth, especially in the developing countries.

Segments                                                                                                                                             
The global eye care supplements market is segmented on the basis of type, application, and end user.

On the basis of type, market is segmented into Antioxidant, Fatty acids, anti-inflammatory supplements, neuro-protective supplements and others. Antioxidant segment is further segmented into water -soluble antioxidants including lutein, zeaxanthin, astaxanthin, and fat-soluble antioxidants including astaxanthin. Fatty acids segment is further segmented into omega-6 gamma-linolenic acid. Anti-inflammatory supplements segment is further segmented into docosahexaenoic acid (DHA). Neuro-protective segment is further segmented into eicosapentaenoic acid (EPA).

On the basis of application, the market is segmented into eye health, macular degeneration, cataract, Diabetic retinopathy, glaucoma, and others.

On the basis of end user, the market is segmented into eye hospitals, eye clinics, and others.

Key Players   
Some of the key players in this market are Biosyntrx Inc. (U.S.), Nordic Naturals Inc. (U.S.), Bristol-Myers Squibb Company (U.S.), Healths Harmony USA Supplements LLC (U.S), NUSAPURE (U.S.), Vitabiotics Ltd. (U.K), and Bausch & Lomb Incorporated. (U.S.).

Regional Analysis                     
America is the largest market for eye care supplements owing to an increasing demand for eye care supplements and rising prevalence of vision impairment and problems among people in the US. According to the Center of Disease Control and Prevention, nearly 14 million Americans aged 12 years and older have some form of visual impairment.

According to the World Health Organization, about 60 million European have diabetes and the prevalence of diabetes is relatively high among people over 25 years.

Europe is the second largest market for eye care supplements which will steady growth in the near future du rot the availability of cost effective treatments and prevention strategy.

The Middle East & Africa also show a steady rise in the market owing to rise in the demand for ophthalmic products and available treatment options.

In Asia Pacific, the market is expected grow at a fastest rate owing to an increasing prevalence of chronic disease such as diabetes, diabetic retinopathy and obesity.

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Detailed Table of Contents:

1. Report Prologue

2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s View Point

12.1.2 Unmet Needs Of The Market

12.2 Key Companies To Watch

12.3 Prediction Of Pharmaceutical Industry

13 Appendix

LIST OF TABLES

Table 1 Eye Care Supplements Industry Synopsis, 2017-2023

Table 2 Global Eye Care Supplements Market Estimates And Forecast, 2017-2023, (USD Million)

Table 3 Global Eye Care Supplements Market By Region, 2017-2023, (USD Million)

Table 4 Global Eye Care Supplements Market By Types, 2017-2023, (USD Million)

Table 5 Global Eye Care Supplements Market By Application, 2017-2023, (USD Million)

…Continued

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Anti-Viral Drugs Market projected to show a high Growth in terms of value during forecast period 2018-2023

Market Synopsis of Global Anti-Viral Drugs Market:

Market Scenario:

Viruses are the ultimate parasites as they derive nutrition from the host cell and also hijack and direct its metabolic machinery to synthesize new virus particles. Viruses can live and replicate only inside host body. Anti-viral drugs are specifically used to treat viral infections and act mostly by inhibiting their target viruses. The growth of antiviral drugs market is driven by factors such as rise in healthcare expenditure, growing research and development investment, emergence of virus life-threatening diseases like bird flu, strong development pipeline and increasing incidence rates of viral infections particularly HIV. WHO estimates 36.7 million people are suffering from HIV/AIDS worldwide with 1.1 million deaths of AIDS-related illnesses in 2015.

Taking all these factors the market for anti-viral drugs is expected to reach $62.67 billion by the end of the forecast period growing at a CAGR of 6.9%.

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Intended Audience

  • Anti-viral drugs Manufacturers
  • Anti-viral drugs Suppliers
  • Private Research Laboratories
  • Research and Development (R&D) Companies
  • Market Research and Consulting Service Providers
  • Government Research Laboratories
  • Contract Manufacturing Organizations

Key Players for Global Anti-Viral Drugs Market:
Some of the key players in this market are: Johnson & Johnson, Merck & Co. Inc., Gilead Sciences Inc., Hoffmann-La Roche Ltd., GlaxoSmithKline Plc, Abbott Laboratories, Novartis International AG, Astra Zeneca AB, Cipla Inc.

Market Segments:
Global Anti-viral drugs market has been segmented on the basis of application, which comprises hepatitis, HIV/AIDS, herpes, influenza and others. On the basis of mechanism of action; market is segmented into nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors and others.

Regional Analysis of Global Anti-Viral Drugs Market:

Globally America is the largest market for anti-viral drugs. North America dominated the market for anti-viral drugs with a share of greater than 30%.  Europe is the second-largest market for anti-viral drugs. Asia pacific region is expected to be fastest growing region in anti-viral drugs market.

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Table Of Contents

1 Introduction

1.1 Definition

1.2 Scope Of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter’s Five Forces Model

4.1.1 Bargaining Power Of Suppliers

4.1.2 Bargaining Power Of Customer

4.1.3 Intensity Of Competitor’s

4.1.4 Threat Of New Entrants

…Continued


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Veterinary Imaging Market Comprehensive Analysis and Future Estimations 2023 with Trends and Future Prospects Details for Business Development

Market Scenario

Pet healthcare is trending globally with the focus shifting towards improving veterinary capabilities on all fronts. Veterinary imaging remains one of the key focus areas as animal care providers, veterinaries and animal research institutes increase their efforts towards developing superior veterinary imaging technologies. The global veterinary imaging market was valued at USD 1247.61 Mn in 2017 and is expected to surpass a valuation of USD 1800 Mn by the end of 2023. The arrival of high-quality, dedicated imaging solutions that are meeting various animal care needs characterizes the growing interest of healthcare technology companies in the particular space. A number of reputable animal healthcare bands have stepped up their efforts in developing veterinary imaging systems that are not only efficient but also cost-effective. The global demand for such systems has witnessed a considerable uptick in recent years. A combination of factors such as increased pet care expenditure by owners, especially in advanced countries and intensive animal farming are also making a positive impact on the global veterinary imaging market.

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According to the Maine Center for Disease Control & Prevention, close to three-fourths of emerging infectious diseases that affect humans originate in animals. With rising incidences of zoonotic diseases over the past decade or so, has raised the requirement for the development of appropriate diagnostic measures. Moreover, with pet adoption rising, animals are increasingly becoming a member of the family, and as such, pet owners and animal enthusiasts who work in animal rescue have compelled demand for advancements in diagnostic technology such as veterinary imaging for the detection of chronic diseases. Pet insurance often offers up to 80% reimbursement, and due to the growing demand for advanced diagnostics, pet owners are spending on insurance for their animal companions. The North American Pet Health Insurance Association (NAPHIA) has recorded a 17.2% increase in pet health insurance from 2014 to 2015.

Without pet insurance, however, procedures that involve veterinary imaging modalities are expensive and as such are expected to hamper market growth. The University of Illinois published in a report which found that procedural cost ranged between USD 878 to USD 1,461 depending on the site and inclusion of contrast. However, due to the factors mentioned above and the unrealized potential in the market, regulatory authorities such as the FDA have proposed various guidelines of imaging accuracy which have compelled competitors in the market, both new and existing, to develop innovative products and services which meet these guidelines, thus creating new avenues for growth during the assessment period. 

Segmentation

The global veterinary imaging market has been segmented on the basis of product type, animal type, therapeutic area, end-user, and region. By product, the market has been segmented into instruments, veterinary imaging reagents, and veterinary software. The instruments segment is the most significant segment due to its cost-effectiveness and accuracy in diagnosis. Among the various sub-segments that have been included under the instruments segment, the radiography segment is expected to account for the largest share. The fastest growing segment, however, is veterinary software which allows for efficient client & animal management and integration with various forms of medical imaging devices.

By animal type, the market has been segmented into small companion animals, large animals, and others. Due to the increasing adoption of animals as pets, the most significant segment belongs to the small companion animal segment. Pet owners have become more conscientious regarding pet health and are quick to consult veterinarians in hopes of high-quality health care for their companion animals.

By end-user, the market has been segmented into hospitals & clinics, academic institutes, and others. The hospitals and clinics segment accounted for the largest segment of the global veterinary imaging market due to their extensive use of imaging modalities for diagnostics. Meanwhile, the fastest growing segment belongs to academic research institutes which have facilitated growth for the market due to continuous development and innovation of existing imaging technology.

By therapeutic area, the market has been segmented into orthopedics & traumatology, cardiology, neurology, oncology and others.  The orthopedics & traumatology segment accounts for the largest market share due to the increasing incidences of bone injuries and prevalence of arthritis and other joint diseases in animals. The cardiology segment accounts for the second largest market segment due to the rising occurrences of cardiac conditions afflicting animals.

Regional Analysis

Led by North America, The Americas have the largest share of the global market. The region is witnessing a rising demand for pet insurance as pet owners are becoming more invested in their pets’ health. The rapid adoption of innovative technology offerings in the region is responsible for its leading position in the veterinary imaging market. Europe, with its inclusion of developed countries such as Germany, France, and the U.K. accounts for the second largest market share due to the presence of prominent market players and supportive government initiatives toward pet insurance and pet healthcare.

The Asia-Pacific is set to grow at the most rapid pace with countries such as Japan, China, and India taking the lead. The growing prevalence of nuclear families with a tendency toward pet adoption and increasing investments in pet care have prompted international players to establish their presence in these countries in an effort to tap the potential this region carries.

Competitive Tracking

Key players in the global veterinary imaging market that have been analyzed in the report include Fujifilm Holding Corporation, Heska Corporation, Idexx Laboratory Inc, and Canon. Other players include Hallmarq Veterinary Imaging Ltd., Carestream Health, General Electric and others. Market strategies most employed by these competitors include product innovation and investments in R&D pipeline.

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Detailed Table of Contents:

1 Report Prologue

2 Executive Summary

3 Market Introduction

3.1 Definition 19

3.2 Scope Of The Study 19

3.3 List Of Assumptions 20

3.4 Market Structure 20

4 Research Methodology

4.1 Research Process 22

4.2 Primary Research 23

4.3 Secondary Research 24

4.4 Market Size Estimation 25

4.5 Forecast Model 25

…Continued

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Telehealth Market – Market Demand, Growth, Opportunities, latest trends and drivers during 2018 To 2023

Market Scenario:

Telehealth or telemedicine is a mode of delivering health care services to patients by using communication technologies to facilitate the diagnosis, treatment, consultation, education care management, and others. Telehealth acts as a bridge to improve the relationship between patient and healthcare providers as well as for improving patient satisfaction & behavioural changes by providing healthcare guidance and treatment. It provides self-management and caregiver’s support to the patients.  Telehealth is used to monitor the chronic diseases as well as to monitor disease from home.

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There are tremendous benefits offered by the telehealth solutions. Some of these include improved access to the patients; telehealth can allow us to provide healthcare services to the patients situated in distant locations. It also allows physicians & doctors to expand their reach and services beyond their clinics. Telehealth services have also proved to be cost effective with increased efficiency through better management of chronic diseases. And also it reduces the travel time for the patients which further reduced costs for the patients. All these advantages have attracted healthcare services providers to adopt telehealth technologies and the demand for the same has been on the rise ever since.

The global telehealth market is driven by increasing prevalence of chronic diseases, rising geriatric population, and continuous development in the healthcare technology; as per statistics, more than 50% of the total globe population have some or other chronic disease. Moreover, rapid development in the technology, increasing healthcare expenditure, and increasing need for the home based devices have fuelled the market growth. However, lack of awareness and unavailability or less availability of the required infrastructure in many parts of the world including the underdeveloped Asian and African regions may slow the growth of the market.

The global teleheatlh market is expected to grow at a healthy CAGR of 29.8% during the forecasted period.

Segmentation

The global telehealth market is segmented on the basis of components, types, and end users.

On the basis of component, the market is segmented into hardware, software, and others. Hardware is further segmented into monitors, medical devices, and others. Monitors are further segmented into blood glucose monitors, blood pressure monitors, ECG monitors, and others.

On the basis of types, the market is segmented into web based, on-premises, and cloud based. On the basis of end users the market is segmented into hospitals & clinics, pharmaceutical companies, and others. 

Regional analysis

On the regional basis the global telehealth market is dominated by America owing to the presence of huge geriatric population and large number of people suffering from diabetes and other chronic respiratory diseases. Among all the regions in the world, the U.S. has been the first choice for the deployment of telehealth solutions due to established healthcare systems and technology advancement. It has gained a significant position in the global market with the increase in large numbers of telehealth services which target at wellness and fitness. Thus, these telehealth solutions help in cost reduction, saves time by reducing visits to physicians, and provides better healthcare systems. In Addition to this, well developed healthcare sector and high healthcare spending has contributed in the growth of the market. Europe accounts for the second largest market for the global telehealth market which is followed by Asia Pacific. The Germany is dominating the connected healthcare deployments in Europe, with different kinds of solutions being offered and services being delivered through varied means, from simple messages to much more complex apps. Asia pacific has the fastest growth market due to the presence of rapidly developing economies like China and India. However, the Middle East and Africa has the least share in the market.

Key players

Some of the major players in the global telehealth market are Koninklijke Philips N.V. (the Netherlands), Medtronic (Ireland), General Electric Company (UK), McKesson Corporation (US), Care Innovations, LLC. (US), Cerner Corporation (US), GlobalMedia Group, LLC (US), Siemens Healthcare Private Limited (US), AMD Global Telemedicine, Inc. (US), InTouch Technologies, Inc. (US). 

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Detailed Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

…Continued

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