Electric Motors Market Growth 2013 - 2019

The global market is expected to reach a value of USD 120.68 billion by 2019, at a CAGR of 6.3% from 2013 to 2019. The demand for energy efficient electric motors is rising globally due to the introduction of stringent electricity consumption standards and rising electricity prices. In addition, rising production of motor vehicles, home appliances and other electric motor driven systems is increasing the demand for electric motors. Moreover, stringent design and manufacturing standards in designing and manufacturing to improve efficiency of electric motors are encouraging global manufacturers to develop energy efficient motors. Demand trend for electric motors is steadily shifting from standard efficiency electric motors towards high energy efficient motors. However, lack of awareness about benefits of energy efficient electric motors and high initial purchase cost are inhibiting the growth of the energy efficient electric motors. 

Based on types, electric motor is categorized into AC motors, DC motors and hermetic motors. AC motor is the largest product segment and accounted for more than 80% of the revenue share of overall electric motors market in 2012. Hermetic motor is expected to be the fastest growing segment through the estimated period. Rising demand for HVAC equipment is expected to drive this growth in the future.
Fractional horsepower (FHP) motors are most commonly used in low voltage automotive, heating, ventilating and cooling, office machinery and several other applications. Fractional horsepower (less than 1hp) motors are used in low voltage power applications and accounted for the largest revenue share i.e. about 70% of the electric motors market by output power in 2012. However, fastest growth is expected from Integral horsepower (IHP) segment as industrial users are replacing their traditional electric motors with energy efficient motors. In addition, several incentive programs in the U.S. and European countries for early replacement of low efficient electric motors are also influencing the demand for energy efficient IHP motors from industrial sectors
.  
Applications of electric motors include motor vehicles, industrial machinery, HVAC equipment, aerospace and other transportation equipment, home appliances and commercial and other service industries. Motor vehicle segment is expected to remain the largest in the electric motors market. In 2012, motors vehicles accounted for more than 31% of the revenue share in the overall electric motors market by application. The sale of electric and hybrid vehicles doubled in 2012 as compared to 2011. The motor vehicle segment is expected to remain the largest application segment for electric motors due to rising demand for electric and hybrid vehicles through the estimated period. However, fastest growth is expected from HVAC equipment segment with increasing residential and commercial construction globally.


Asia-Pacific is the largest as well as the fastest growing regional market in the global electric motors market. In 2012, Asia-Pacific accounted for about 66% of the revenue share of global electric motors market. Continuous rise in production of electric motors driven systems such as motor vehicles, HVAC equipment, and household appliances in major countries including China, India, Indonesia, South Korea and Singapore is primarily contributing to the growth of electric motors in Asia-Pacific. North America and Europe are expected to see slow growth in the future. This is because several motor vehicles and electronic appliances manufacturers from these regions are shifting their manufacturing plants to countries in Asia such specially India and China.

The global electric motors industry comprises many small and large sized players worldwide. The market is highly fragmented and top five players accounted for less than 15% of the revenue share in 2012. Some major players in the global electric motors market include Baldor Electric Company Inc, AMTEK, Danaher Motion LLC, Franklin Electric Co Inc, Asmo Co Ltd, and several others.

The electric motors market is segmented as below:
By output power
  • Fractional horsepower (FHP) motors
  • Integral horsepower (IHP) motors
By type
  • AC motors
  • DC motors
  • Hermetic motors
By application
  • Motor Vehicles
  • HVAC equipments
  • Industrial machinery
  • Household appliances
  • Aerospace and other transportation equipments
  • Commercial and other industry
By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • South Korea
    • China
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • Middle East
    • Latin America
    • Africa


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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


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GCC Geotextiles and Geogrids Market 2013 - 2019

The GCC (excluding UAE) geogrids market was valued at USD 83.3 million in 2012 and is expected to reach USD 182.5 million by 2019, growing at a CAGR of 11.6% from 2013 to 2019. In terms of volume, the demand was 24.5 million square meters in 2012 and is expected to reach 41.5 million square meters by 2019, growing at a CAGR of 7.7% from 2013 to 2019.

The UAE geogrids market was valued at USD 15.1 million in 2012 and is expected to reach USD 32.9 million by 2019, growing at a CAGR of 11.8% from 2013 to 2019. In terms of volume, the demand was 4.2 million square meters in 2012 and is expected to be 7.0 million square meters by 2019, growing at a CAGR of 7.5% from 2013 to 2019. The GCC (excluding UAE) geotextile market was valued at USD 101.2 million in 2012 and is expected to be USD 200.5 million by 2019, growing at a CAGR of 10.3% from 2013 to 2019. In terms of volume, the demand was 52.0 million square meters in 2012 and is expected to be 86.8 million square meters by 2019, growing at a CAGR of 7.6% from 2013 to 2019. The UAE geotextile market was valued at USD 27.8 million in 2012 and is expected to be USD 52.2 million by 2019, growing at a CAGR of 9.4% from 2013 to 2019. In terms of volume, the market was 13.5 million square meters in 2012 and is expected to be 22.0 million square meters by 2019, growing at a CAGR of 7.3% from 2013 to 2019.

Geogrids and geotextiles are often used together to perform various functions, such as soil reinforcement, separation, drainage, filtration and protection. Implementation of the mega-project, "Gulf Railway" which is to connect all the countries present in the Gulf Cooperation Council by 2017, is expected to be one of the primary factors driving the demand for geotextiles and geogrids. In addition, gigantic road development projects are expected to play a significant role in the growth of the market within the forecast period, due to the sandy terrain of the region and focus of the various governments on infrastructural development. However, fluctuating costs of key raw materials, such as polypropylene and polyester on account of depleting petroleum reserves is expected to hamper the growth of the market over the next few years. Rising consumer awareness regarding advantages of natural geotextiles is expected to open new opportunities for the growth of the market over the next few years.

Nonwovens were the largest product type within the geotextile market segment and accounted for over 65% of the market share in 2012 due to its extensive use in drainage sub-systems and road construction. Increasing infrastructural activities in GCC countries, particularly road and drainage systems, is expected to drive the demand for nonwoven geotextiles over the next few years. It is expected to witness the fastest growth in this region within the forecast period.

Road construction and erosion control were the largest application segments of geotextiles in GCC (including UAE), accounting for over 60% of the market share in 2012. Erosion control is expected to be the fastest growing segment within the forecast period on account of growing infrastructure development such as roads, drainage systems and commercial and non-commercial construction. Demand for geotextiles in erosion control in UAE is expected to grow at a CAGR of 7.9% from 2013 to 2019.


Within the geogrids market segment, roadways were the largest application segment in 2012 in GCC and UAE. Geogrids are also being increasingly used in landscaping as they help in soil reinforcement. Road construction and landscaping are expected to witness the fastest growth over the next few years on account of increased construction activities such as expansion of airports, residential restructuring and development of commercial complexes. Demand for geogrids for application landscaping in GCC (excluding UAE) is expected to be 10,910.6 thousand square meters by 2019.

The report gives a comprehensive view of the geotextiles and geogrids market in terms of volume and revenue for GCC (excluding UAE) and UAE. The report comprises of the following segments:

Geotextiles Market: Product Segment Analysis
Nonwoven
Woven
Knitted

Geotextiles Market: Application Analysis
Road construction
Drainage
Erosion control
Others (Landfills)

Geogrids Market: Application Analysis
Roadways
Landscaping
Others

The report provides a cross-sectional analysis of the geogrids market for the application segments mentioned above with respect to the following regions:

Gulf Cooperation Council (excluding UAE)
United Arab Emirates


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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


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Hernia Repair Devices Market Overview 2013 - 2019

The global hernia repair devices market was valued at USD 3,578.21 million in 2012 and is estimated to reach a market worth USD 5,936.43 million in 2019at a CAGR of 7.5% from 2013 to 2019.

Hernia is one of the major health concerns worldwide. Occurrence of hernia is characterized by the protrusion or bulging of internal organ or tissues through weak muscle areasand is classified on the basis of its anatomical location of occurrence. The different types of hernia include inguinal (inner groin), umbilical (belly button), hiatal (upper stomach), femoral (outer groin) and incisional hernia. Of these inguinal hernia is the most common type of hernia accounting for around 80% of the total hernia cases worldwide. This occurs most commonly in men majorly due to the observed weakness in this area. The exact cause of hernia is unknown but the most prominent risk factors which contribute in the development of hernia are old age and obesity. These factors feature weakened muscles and pressure in the abdomen. Other factors contributing towards development of hernia are poor nutrition, smoking, change in lifestyle habits, and family history.

Escalation in hernia prevalence directly influences the need and demand for hernia repair devices globally.Consistent rise in geriatric population, increasing adoption of tension free hernia repair procedures, rise in preference for technologically advanced biologic mesh and consistent elevation in obesity epidemic are some of the major factors positively impacting the growth and acceptance of hernia repair devices globally. However, inconsistent reimbursement policies coupled with high costs involved in the development of effective hernia repair devices are expected to hamper the growth and development of hernia repair devices market.

Hernia repair devices market can be segmented based on the type of product and equipment and procedure. The products and equipmentare further categorized into polymer and prosthetic mesh, biologic materials, surgical instruments and endoscopy equipment. Manufacturers are focusing on developing innovative and novel hernia repair products and equipment. The market for biologic materials is expected to grow faster compared to polymer or prosthetic mesh system as they render more advantages over the latter such as high flexibility, strength, less chances of rejection and infection. At present there has been increased adoption of biologic mesh and biologic allograft mesh systems which aid in fast recovery and negligible post-operative pain.

Continuous technological upgradation in developing endoscopes will further support growth and development of hernia repair devices. The rationale behind this is that these hi-tech endoscopes assure high reliability and accuracy of the surgical procedure with the minimum possibility of errors. Hence, with the perennial need for high performance oriented medical devices, the need and demand for effective hernia repair devices also increased.
Surgical procedure is the best option to deal with hernia as it provides long term results as compared to watchful waiting process for reverting hernia with the aid of certain medications. Tension repair and tension free repair procedures are the two main approaches employed for hernia repair. Tension free procedures are more advantageous than tension repair methods as they provide fast recovery and negligible post-operative pain. Currently, there has been an increased preference for tension free repair procedures such as laparoscopic tension free and tension free mesh technique majorly due to its minimal invasive nature followed by less susceptibility to infection compared to conventional incisional repair procedures. Owing to aforesaid factors, tension free repair procedures are anticipated to record a steady growth rate during the forecast period from 2013 to 2019.

At the regional level, North America was the largest market in 2012 for hernia repair devices market followed by the European Region. Asia-Pacific region is expected to grow at a highest CAGR of over 8% from 2013 to 2019. This is majorly due to large and expanding population base, increased participation of the respective governments in healthcare sector and rising disposable incomes of the population. In addition, high prevalence of hernia in low or middle income countries compared to high income countries due to undiagnosed and untreated hernia cases will further propel growth and development of hernia repair devices market.

The hernia repair devices market is characterized by the presence of well-established as well as new players solely operating in this market. The major companies competing in this market are Covidien Plc, Ethicon, Inc., C.R.Bard, Inc., Cook Medical, Inc. and Stryker Corporation.

Related & Recently Published Reports by Transparency Market Research

The global hernia repair devices marketis segmented as follows:
  • Hernia Repair DevicesMarket, by Products and Equipments
    Polymer and Prosthetic Mesh
    Biologic Materials
    Surgical Instruments
    Endoscopy Equipments
  • Hernia Repair Devices Market, by Procedures
    Open Tension Repair
    Tension Free Repair
  • Hernia Repair Devices Market, by Geography
    North America
    Europe
    Asia-Pacific
    Rest of the World (RoW)

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports

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90 Sate Street, Suite 700
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Pre-Owned Medical Devices Market Trends 2013 -2019

The global pre-owned medical devices market was valued at USD 2.4 billion in 2012 and is expected to grow at a CAGR of 10.6% from 2013 to 2019, to reach an estimated value of USD 4.9 billion in 2019.

Pre-Owned medical devices are defined as the devices that were owned earlier by any healthcare institution and that are now subject to sale or repurchase after refurbishment. 'Refurbishment' is defined as restoration of the device to its original specifications including replacement of basic wear parts and aesthetic changes to a complete end-to-end refurbishment. The pre-owned medical devices market study is thus, of interest to the refurbishment service providers.

Globally, the pre-owned CT Machines accounts for a high growth market segment - expected to grow at a CAGR of over 10% during the forecast period. The new CT machines are comparatively expensive; typically the demand for refurbished pre-owned medical devices is price-elastic i.e. directly proportional to the price of the new medical devices. Hence, due to the high price of the new CT machines, the demand for the refurbished pre-owned CT machines is expected to be high during the forecast period. Currently, in terms of value, the refurbished pre-owned CT machines market accounts for the second largest segments in the refurbished pre-owned medical devices market.

Considering the lucrativeness of the refurbished pre-owned CT machines market, many OEMs have included refurbishing of pre-owned CT machines in their proprietary, organized and accredited programs. Due to this factor, although third-party refurbishers do exist, the OEMs have garnered a leading market share of the refurbished pre-owned CT machines market. The trade terms differ accordingly, as the OEMs offer discounts of only ~20% on refurbished pre-owned CT machines, whilst third-party refurbishers offer ~40% (or higher) discounts on refurbished pre-owned CT machines. The OEMs command premium price of refurbished pre-owned CT machines that is attributable to the branded service/solutions or accredited programs. Due to all afore-mentioned factors, the refurbishment business of pre-owned CT machines is a high-margin business for the OEMs.
Currently, in terms of geography, North America represents the largest market for refurbished pre-owned medical devices; the U.S. market has garnered a majority market share as the refurbishment of pre-owned medical devices originated in the U.S. There exists favorable perception and buying behavior of customer entities such as public hospitals, large private hospitals, clinics and diagnostic centers. A host of other factors contributing to the high market share of the U.S. include downturn in the economy, favorable supply-side infrastructure with large number of all categories of market participants - OEMs, third-party and standalone refurbishers.

The RoW market represents the smallest market for refurbished pre-owned medical devices (as compared to other geographical markets). Many of the countries in the RoW region have banned or discouraged the usage of refurbished pre-owned medical devices. None of the supply-side or the demand-side are developed due to such binding regulatory restraints. Due to this factor, the market growth rate is also expected to be the least (as compared to other geographical markets) during the forecast period.
The global (organized) market for pre-owned medical devices is dominated by the OEMs. The organized market for pre-owned medical devices is a consolidated market with OEMs namely GE Healthcare, Philips Healthcare and Siemens Healthcare garnering leading market share. There exists high entry-barrier for refurbishers in the organized market. The unorganized market for pre-owned medical devices is dominated by third-party and stand-alone refurbishers.

Related & Recently Published Reports by Transparency Market Research

The global pre-owned medical devices market is segmented as follows:
Pre-Owned Medical Devices Market, by Device Type
  • X-ray and Mammography Machines
  • CT Machines
  • MRI Machines
  • UltraSound Machines
  • Nuclear Imaging and Medicine Devices
  • C-arm Devices
Pre-Owned Medical Devices Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Non-Invasive Prenatal Testing (NIPT) Market Trends 2013 - 2019

The global NIPT market was valued at USD 0.22 billion in 2012 and is expected to grow at a CAGR of 37.6% from 2013 to 2019, to reach an estimated value of USD 3.62 billion in 2019.

The market for non-invasive prenatal testing is evolving rapidly due the advantages it offers over the conventional prenatal screening and diagnostic methods such as maternal serum screening, nuchal translucency (NT) scan, amniocentesis and chorionic villus sampling (CVS). These advantages include safety, accuracy, and no risk of miscarriage. An NIPT is a non-invasive genetic screening test for the common chromosomal abnormalities (trisomy 21, trisomy 18, trisomy 13, monosomy X, etc.) observed in the fetuses of high risk pregnant women (above the age of 35 years). Owing to its ability to detect the presence of chromosomal abnormalities in fetuses of pregnant women as early as 9 to 10 weeks of gestation, the market for non-invasive prenatal testing is witnessing a rapid increase in demand from all parts of the world.

MaterniT21 PLUS, verifi, Harmony, Panorama, NIFTY, PrenaTest and BambniTest are the commercially available NIPTs in the market which are based on the direct analysis of cell-free fetal DNA in the maternal blood. In 2012, MaterniT21 (a proprietary product of Sequenom, Inc.) accounted for the largest share (36.6%) of the global NIPT market in terms of revenue, owing to the fact that it was the first mover in the market place. During the forecast period 2013 to 2019, it is likely to lose some of its share due to increasing market penetration by other aforementioned NIPTs such as Panorama and verifi.

High incidence rate of babies born with certain type of chromosomal abnormalities, growing trend of child bearing at advanced maternal age and enhanced popularity of NIPT among gynecologists and high risk pregnant women are some of the major factors anticipated to drive growth of the NIPT market during the forecast period. Some of the most commonly detected chromosomal aneuploidies include Down syndrome, Edwards syndrome, Patau syndrome and monosomy X. On the other hand, ethical and regulatory hurdles are expected to pose significant challenges before the NIPT market to grow. Various professional committees across the world believe that the implementation of NIPT and the subsequent rise in uptake of prenatal testing is likely to increase the incidence of abortions. Therefore, professional groups such as The American College of Obstetricians and Gynecologists (ACOG), International Society for Prenatal Diagnosis and The Japan Society of Obstetrics and Gynecology have set up guidelines that limit the use of non-invasive prenatal testing only to pregnant women at high risk of chromosomal aneuploidies.

Geographically, North America was the largest regional market in 2012 with a market share of 64.5% of the total revenue generated globally, followed by Europe. Almost every company operating in this market is adopting the same business model of marketing their tests via alliances with hospitals, diagnostic laboratories and physician offices. The increasing penetration by test developers in European, Asia-Pacific and Middle-East countries indicates promising growth in the near future in these markets. Sequenom, Inc., Verinata Health, Inc. (now a part of Illumina, Inc.), Ariosa Diagnostics, Natera, Inc., BGI Health, LifeCodexx and Berry Genomics are the companies engaged in providing non-invasive prenatal tests worldwide.

Related & Recently Published Reports by Transparency Market Research

The global non-invasive prenatal testing market is segmented as follows:
Non-Invasive Prenatal Testing Market, by Test
  • MaterniT21 PLUS
  • verifi
  • Harmony
  • Panorama
  • NIFTY
  • PrenaTest
  • BambniTest
Non-Invasive Prenatal Testing Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
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Growth and factor of Self-Care Medical Devices Market 2013 - 2019

 the global self-care medical devices market was valued at USD 10.5billion in 2012 and is estimated to reach a market worth of USD 16.9 billion in 2019growing at a CAGR of 7.0% from 2013 to 2019.

Healthcare is moving towards a precision based model of personal care. Self-care medical devices play a major role in providing personal care that will ultimately help the patients or individuals to manage episodic acute and chronic illnesses. Increasing patient population coupled with rising awareness of lifestyle disorders and rapid technological developments in medical devices have accentuated the growth of the self-care medical devices market globally. There is a rise in demand for self-medication and home-based treatment as more number of patients opt for diagnosis and treatment of specific diseases at their own comfort (home).

Chronic conditions such as diabetes, asthma, blood pressure and other respiratory and cardiovascular diseases require continuous and regular lifelong monitoring. Rise in the number of people diagnosed with such diseases drives the demand for self-care medical devices. It is estimated that around 220 million people are affected by chronic diseases and approximately 85% of them require home healthcare services for monitoring on a regular basis. Thus, self-care medical devices are witnessing fast adoption by consumers, to measure parameters on a regular basis and also cut down medical costs and save time.

Self-care is a primary form of care for various chronic diseases namely diabetes, blood pressure, cardiovascular and others. It is referred to as an action that contributes in maintaining personal health with the use of various self-monitoring devices. The market for self-care medical devices is segmented as blood glucose monitors, blood pressure monitors, temperature monitors, Holter monitors, pregnancy/fertility test kits, sleep apnea monitors, nebulizers and pedometers. Self-care devices are used as primary care devices by patients, causing a shift in mode of treatment from hospital to home based healthcare. Factors such as rise in obese population, and increase in incidence rate of chronic diseases such as hypertension and diabetes are propelling the growth of the self-care medical devices market.
The North American region accounted for the largest market share of over 40% in 2012and is expected to dominate the market during the forecast period. Increasing incidence of cardiovascular and respiratory diseases are the major driving factors for the growth of self-care medical devices market in the North American region. Additionally, sedentary lifestyle, poor dietary habits, and development of new technologies prove to be a stimulus for market growth in the North American region. The Asia-Pacific region is expected to grow at the highest CAGR of 9.9% from 2013 to 2019, due to rise in geriatric population, changing lifestyles and rising stress levels. Also, a large patient pool suffering from diabetes, hypertension, stroke, respiratory and cardiovascular diseases, requiring continuous monitoring and care will also accentuate the uptake of self-care medical devices.

The self-care medical devices market is presently witnessing intense competition among the key market players. To gain a significant market share, manufacturers are introducing cost effective, portable, easy to use and innovative self-care medical products. The global self-care medical devices market includes major companies, namely Roche, Philips Healthcare, Omron Healthcare, GE Healthcare, Johnson and Johnson, Medtronic, Inc., ResMed Inc., among others.

The global self-care medical devices market is segmented as follows:
  • Self-Care Medical Devices Market, by Segments
    - Blood Glucose Monitors
    - Blood Pressure Monitors
    - Body Temperature Monitors
    - Heart Rate Monitors
    - Pregnancy/Fertility Test Kits
    - Sleep Apnea Monitors
    - Nebulizers
      - Pedometers

    • Self-Care Medical Devices Market, by Geography
      - North America
      - Europe
      - Asia-Pacific
      - Rest of the World (RoW)

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    Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
    Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
    Contact
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    Albany, NY 12207
    Tel: +1-518-618-1030
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Operating Room Equipment Market Overview 2013 - 2019

According to a new market report published by Transparency Market Research "Operating Room Equipment Market (Operating Tables, Operating Room Lights, Surgical Booms, Operating Room Integration Systems and Surgical Imaging Displays) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global operating room equipment market was valued at USD 2.67 billion in 2012 and is expected to grow at a CAGR of 6.2%     from 2013 to 2019, to reach an estimated value of USD 4.05 billion in 2019.
Operating rooms around the globe are witnessing rapid transformation from conventional to hybrid state-of-the-art operation theatres, as this facility contributes majority share in revenue generation for hospitals. An operating room equipped with technically advanced equipment ensures better patient care and enhanced operational efficiency by empowering surgeons and other healthcare professionals with greater flexibility and ease of handling. Operating tables, operating room lights, surgical booms, operating room integration systems and surgical imaging displays are the most important equipment types found in an operating room.
An operating table is an indispensable part of an operating room that accommodates a patient in the best possible position (physically) during a surgical procedure. The operating tables market was the largest segment of the total operating room equipment market in 2012, with a revenue share of 30.6% and valued at USD 815.5 million. Surgical booms and operating room integration systems have been identified as the fastest growing segments during the forecast period due to increasing demand for hybrid operating rooms, which require these equipment for space management and proper equipment integration.
Factors such as continuous increase in the number of ambulatory surgical centers (ASCs) globally, growing demand for state-of-the-art hybrid operating rooms (especially from the developed markets of North America and Europe) and technical advances leading to product innovation have been anticipated to contribute in the growth of the overall operating room equipment market during the forecast period 2013 to 2019. Globally, rise in elderly population is also being considered as one of the major growth factors as it will indirectly boost the demand for operating room equipment. This is because; elderly population is more likely to undergo various surgical procedures than the younger population on account of their higher susceptibility to numerous health disorders. On the other hand, high cost associated with these equipment may prevent healthcare providers to replace existing equipment with the technically advanced equipment. This is especially true for hospitals operating on low budgets who prefer purchasing used or refurbished equipment.
In 2012, North America and Europe were the largest regional markets for operating room equipment. In both these regions, since most hospitals are already equipped with necessary operating room equipment, the market growth will largely rely on replacement of existing equipment with advanced automated versions and demand created by the increasing number of operating rooms. The rapidly evolving medical tourism industry has been identified as one of the key factors driving market growth in the Asia-Pacific region. The exponential rise in the number of patients coming to countries such as IndiaThailand,South Korea and Malaysia for various surgical treatments at low cost is encouraging healthcare providers in these countries to equip themselves with the latest technologies in order to offer enhanced patient care to their foreign customers.
Getinge Group, Stryker Corporation, Steris Corporation, TRUMPF GmbH + Co. KG, Berchtold Corporation, Skytron, LLC, Karl Storz GmbH & Co. KG, Eschmann Equipment, Mizuho OSI and NDS Surgical Imaging, LLC are the major players in the operating room equipment market. Of these, Getinge Group, Stryker Corporation, Steris Corporation, TRUMPF GmbH + Co. KG led the market in terms of revenue, accounting for over 60% share of the total market revenue in 2012.
The global operating room equipment market is segmented as follows:
Operating Room Equipment Market, by Product Type
  • Operating Tables
  • Operating Room Lights
  • Surgical Booms
  • Operating Room Integration Systems
  • Surgical Imaging Displays


Operating Room Equipment Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)



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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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        90 Sate Street, Suite 700
        Albany, NY 12207
       Tel: +1-518-618-1030
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Global Salicylic Acid Market is Expected to Reach USD 521.2 million in 2019: Transparency Market Research



Transparency Market Research is Published new Market Report " Salicylic Acid Market for Pharmaceutical, Skin care, Hair care and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019," The global market for salicylic acid was valued at USD 292.5 million in 2012 and is expected to be USD 521.2 million in 2019, growing at a CAGR of 8.6% from 2013 to 2019. In terms of volume, salicylic acid demand was 95,000.0 tons in 2012 and is expected to grow at a CAGR of 6.4% from 2013 to 2019.

Salicylic acid is being increasingly used in skincare and haircare products due to its medical benefits such as reduction of acne, blemishes, dandruff and psoriasis. Rising awareness regarding healthy skin and hair is expected to drive the global skincare and haircare market, which in turn is expected to drive the growth of salicylic acid market. In addition, growing demand for aspirin is expected to be another factor vital to the growth of the market, as salicylic acid forms a key ingredient of aspirin. However, growing consumer concern regarding the side-effects of salicylic acid is expected to hamper the growth of the market. Research proving the positive impact of aspirin on life-threatening diseases such as dementia, strokes and Hughes Syndrome are expected to open new opportunities for the growth of the market over the next few years.
Demand for salicylic acid was highest from pharmaceuticals and was 48,697.0 tons in 2012. 

However, skincare and haircare are expected to be the fastest growing segments in terms of consumption of salicylic acid, on account of increasing consumer awareness regarding healthy hair and skin. In addition, rising awareness among consumers regarding the benefits of salicylic acid on skin and hair is expected to drive the market towards salicylic acid containing skincare and haircare products. The growth of the global skincare and haircare market is expected to augment the growth of the market.

Consumption of salicylic acid was highest in North America and accounted for over 35% of the market in 2012. However, Asia Pacific is expected to witness the fastest growth in the market within the forecast period. The demand for aspirin is expected to grow substantially on account of growing ageing population and healthcare initiatives by various national governments present in this region. This factor is expected to drive the demand for salicylic acid in pharmaceutical within Asia Pacific over the next few years. In addition, changing lifestyles and rising consumer awareness regarding the benefits of salicylic acid on skin and hair, is expected to fuel the demand for salicylic acid in skincare and haircare applications.

Key participants' profiles in the report include Alfa Aesar, J.M. Loveridge Limited, Novacap and Simco Chemicals Inc. among others.

The report comprises of the following segments:

Salicylic Acid Market: Application Analysis
·         Pharmaceuticals
·         Skincare
·         Haircare
·         Others (food, chemicals, fragrances)

The report provides a cross-sectional analysis of the above application segments with respect to the following regions:
·         North America
·         Europe
·         Asia Pacific
·         Rest of the World

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World Connected Car Market Will Climb Above USD 131.9 Billion in 2019 : Transparency Market Research


Transparency Market Research is Published new Market Report "Connected Car Market -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013- 2019," The global connected car market is expected to reach USD 131.9 billion by 2019, growing at a CAGR of 34.7% from 2013 to 2019. 4G/long-term evolution (LTE) technology is in a commanding position due to its lower operating costs associated with high data transmission volumes as compared to other technologies.

The global connected car market is primarily driven by factors such as growing awareness about safety and security and need for connectivity. Safety and security services such as emergency call (eCall) and stolen vehicle tracking (SVT) are becoming popular among consumers. Demand for other services such as gaming, entertainment, traffic information, and weather and location information is further supporting the growth of this market.

Among the major connectivity technologies, 4G held more than 30% of the entire connected car market in 2012 due to its high speed and simplified network architecture. In terms of connectivity solution, integrated solution dominated the global connected car market in 2012. This is because it eliminates the requirement of costly hardware in vehicles unlike tethered solution. The demand for integrated solution is driven by government mandates in developed regions namely U.S. and Europe. China is expected to be the largest consumer for this solution in coming years owing to growing usage of web-based applications. Due to the growing demand for traffic information services among consumers, navigation application is popular among masses. Among all the application segments, navigation dominated the global connected car market with more than 40% share in 2012.

North America was the biggest consumer of connected cars and held more than 50% share of the entire connected cars market in 2012. The reason behind this is the heavy internet usage, especially online mobility in the region. Asia Pacific will be the fastest growing region in coming years, fueled by the increasing demand from China, India, and Australia.
This industry is concentrated with many multinational players across different categories such as vehicle manufacturers, wireless module providers, technology platform provider, connectivity software developers and network service providers. Vehicle manufacturers namely General Motors, Hyundai Co., Ford Motor Company, Mercedes-Benz, and Audi among others sign agreements with other category players such as, application providers, wireless module developers, platform providers, and connectivity network providers. Microsoft Corporation, Verizon Communications, AT&T, Intel, Sierra Wireless, Broadcom Corporation, Gemalto, T-Systems, T-Mobile, and Delphi Automotive LLP, among others are few market leaders across aforementioned categories.

The report segments the global connected car market as:

Connected Car Market, by Connectivity Technology:
  • 4G technology
    • LTE
  • 3G technology
    • UMTS
    • HSPA
    • HSPA+
  • 2G technology
    • GSM
    • GPRS
    • EDGE
Connected Car Market, by Connectivity Solution:
  • Embedded
  • Tethered
  • Integrated
Connected Car Market, by Application:
  • Navigation
  • Telematics
  • Infotainment
Connected Car Market, by Geography:
  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • South Korea
    • China
    • Australia
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East
    • Latin America

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