TECHNOLOGY FACTS

Control Valve Market Trends, Research, Analysis & Forecast 2017 -2026 Major Growth By Top Competitors

Increasing demand for on-the-go foods, coupled with proactive consumer lifestyles has driven the demand for effective packaging solutions. New designs and innovative solutions for on-the-go food packaging are emerging across the globe. According to Fact.MR’s latest market study, the global market for on-the-go food packaging is forecasted to expand at a value CAGR of 6.3% during the period, 2017-2026. By the end of this forecast period, the global on-the-go food packaging market is estimated to register sales of over 7,350 thousand tons of on-the-go food packaging products across the globe.

Request for the Report Summary: https://www.factmr.com/report/476/on-the-go-food-packaging-market

The report further reveals that North America and the Asia-Pacific excluding Japan (APEJ) region are the most lucrative marketplaces for adoption of on-the-go food packaging. By the end of 2026, North America will emerge as the largest market for on-the-go food packaging, reaching an estimated valuation of US$ 308 Mn.

Effective use of rigid containers to carry and serve on-the-go foods has driven their demand in the global on-the-go food packaging landscape. Over the forecast period, rigid boxes are estimated to register highest volume CAGR of 6.3% in terms of packaging type. Key findings from the report also reveal that majority of on-the-go food packaging products will be used for convenience food applications.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=476

The application of on-the-go food packaging in convenience foods is estimated to account for approximately 50% of the overall global market volumes during the forecast period. Through 2026, majority of on-the-go food packaging products will be fabricated through thermoforming techniques.

Leading companies in the global on-the-go food packaging market have been profiled in the report. Companies namely, Mondi Group, Amcor Limited, Bemis Company Inc., Sonoco Products Company, Huhtamäki Oyj, Smurfit Kappa Group PLC, Georgia-Pacific LLC, Sealed Air Corporation, Constantia Flexibles Group GmbH, and Berry Plastic Group, Inc. are expected to spearhead the production of on-the-go food packaging products across the globe during the forecast period.

Integrating smart packaging technologies and introducing new packaging designs will be a key characteristic of the global on-the-go food packaging manufacturing landscape in the foreseeable future.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=476

About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://theheraldmedia.com/

Softgels Dietary Supplements Market Latest Trends and Future Growth Study by 2022

Fact.MR’s comprehensive report on the global softgel dietary supplements market delivers key actionable insights on various dynamics including drivers, trends, and challenges that are anticipated to shape the market during the assessment period of 2017-2022. As per the research, the global softgel dietary supplements market will expand a robust CAGR, standing at a market valuation of US$ 39.5 Bn by 2022, majorly owing to aging population and changing dietary preferences. Fact.MR opines that the growing consumption of softgel dietary supplements can also be attributed to the swallowing difficulties, reported in pediatrics and geriatrics. Moreover, healthy lifestyle trends and efforts to reduce and prevent chronic illnesses will give a boost to vitamins and minerals softgel dietary supplements in the coming years. Softgel dietary supplements consumed for general wellbeing will account for nearly one-fourth of the total market share, predicts Fact.MR.

Request for the Report Summary: https://www.factmr.com/report/41/softgels-dietary-supplements-market

Significant sales of softgel dietary supplements through various channels including beauty and health stores, hypermarket/supermarkets, and pharmacies can be attributed to the growing consumer awareness and massive information availability couple with healthy lifestyle changes and a thriving consumer base. Manufacturers of softgel dietary supplements are quickly grabbing the shifting preference toward premium brands for additional sales. Fact.MR foresees tremendous scope for innovations to suit the customization demands of the consumers. Moreover, premium positioning of products will also remain a key marketing strategy among manufacturers, especially relying on sales of softgel dietary supplements sales through pharmacies—the largest distribution channel, as per Fact.MR’s analysis. However, a broader analysis indicates that sales of softgel dietary supplements through e-commerce channels will also pick pace in the coming years owing to ease of shopping and companies trying to create a place for themselves in the online space, resulted in repeated buys.

Fact.MR also foresees stringent government regulations as an important factor influencing the future growth prospects of the global softgel dietary supplements market. In a market like softgel dietary supplements, which is highly fragmented owing to the presence of many manufacturers positioning themselves as one-stop wellness centers, gaining and retaining consumer awareness is of utmost importance. Tightening regulations concerning manufacturing and labeling, will push manufacturers to put forth best practices. Fact.MR predicts that regulations will churn out competent softgel dietary supplements in the market, translating in greater consumer assurance and opportunities for new entrants to work with the regulatory bodies.

Ask for the Country Specific Data: https://www.factmr.com/connectus/sample?flag=AFCD&rep_id=41

Fact.MR also projects that consumption of softgel dietary supplements will remain the highest among women compared to mean, through the assessment period. Underlining factors influencing the growth in consumption levels includes poor bone health and deficiencies in the body during pregnancies. Softgel dietary supplements to increase the intake of calcium to battle bone-related problems like arthritis and osteoporosis—largely reported in women and iron and vitamin supplements during pregnancies, will continue to boost consumption levels among women. Many manufacturers are also targeting this demographic in their expansion plans.

Fact.MR, in its report on global softgel dietary supplements market, has profiled a few key players, to give an overview of the competitive landscape including their key strategies and financials. Herbalife International, Inc, a leading player in the softgel dietary supplements landscape, is expected to leverage technology, build a culture of innovation, and launch new products for their future market transformation. Moreover, Herbalife International, Inc would also focus on their food security strategies and collaborate with governments to ensure good nutrition. E.I. du Pont de Nemours and Company, on the other hand would leverage its tactical marketing capabilities and technology-driven innovation to solidify its position in the softgel dietary supplements market. Entering into the 8th year of double-digit earnings growth in 2017, Glanbia plc is likely to focus on volume –driven revenue growth to meet the changing demands of their customers. Acquisition of Amazing Grass and Body & Fit helped Glanbia plc to evolve the Group portfolio.

Get the Market Alerts: https://www.factmr.com/connectus/sample?flag=GRU&rep_id=41

Spearmint Oil will Represent a Market Value of US$ 454.4 Mn in 2022

Growing prevalence of indigestion and respiratory problems has led to a robust demand for spearmint oil in the healthcare industry. Attributed to health-related benefits, spearmint oil is likely to witness an upsurge in demand among the personal care and cosmetic product manufacturers. Such factors are likely to impact the global market positively. According to a recent report published, the global spearmint oil market will register a steady CAGR growth over the forecast period, 2017 – 2022.

Request for the Report Summary: https://www.factmr.com/report/112/spearmint-oil-market

Rich in antioxidant properties, the spearmint oil witnesses a robust demand in various industries. Increasing prevalence of common cold, indigestion, respiratory problems has led to a boost in demand for spearmint oil in the healthcare industry. Moreover, spearmint is further used for disinfecting internal wound in the food pipeline, stomach and intestine. Apart from treatment of infections and diseases, spearmint oil is likely to witness an upsurge in demand in the cosmetic industry. Attributed to antiseptic and anti-oxidant properties, spearmint oil witnesses a significant demand among cosmetic manufacturers for reducing various skin imperfections and wrinkles.

Growing need for insect repellant creams, anti-bacterial and anti-inflammatory products for soothing inflamed skin, itching, redness and swelling is expected to rev up demand for spearmint oil in the personal care industry. Attributed to anti-inflammatory, spearmint oil will witness a considerable demand among the personal care product manufacturers. Due to such factors growth of the global market of spearmint oil will witness an increase during the predicted period. Spearmint oil will witness significant demand in the therapeutic industry attributed to revitalizing properties and restorative fragrance. Manufacturers in the therapeutic industry are predicted to witness a robust demand for spearmint oil. Such factors will fuel the global market growth of spearmint positively by the end of 2022.

Ask for the Regional Data: https://www.factmr.com/connectus/sample?flag=AFRD&rep_id=112

Natural spearmint oil among various products is likely to register a relatively high CAGR growth in the global spearmint oil through 2022. This segment will represent more than US$ 120 Mn in terms of value during the predicted period. Absolute spearmint oil among various product forms is likely to represent the most attractive segment in the global market of spearmint oil market by 2022 – end.

Sales of spearmint oil will witness a significant growth through online portals among other distribution channels. Franchise outlets is expected to register the second highest CAGR growth in the global market of spearmint oil during the projected period. Therapeutic industry among other end users will reflect a relatively high CAGR growth in the global market. However, the food and beverages industry will represent a relatively high growth in terms of revenue by the end of 2022.

The report has also profiled leading players in the global market for spearmint oil, which include IL Health and Beauty Natural Oils Co., Inc., Aromaaz International, Aksuvital, DoTERRA International, Plant Therapy Essential Oils, Lionel Hitchen Essential Oils, Synthite Industries Ltd., Young Living Essential Oils, The Lebermuth Company Inc., and Green Fields Oil Factory.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=112

Automotive Relay Market – Inadaptability in Embracing New Technologies to Pose Major Challenges in the Market

The promising advent of innovative products coupled with booming automobile production is fostering the growth of automotive relay market. The gains of automotive relay market can be attributed to surging demand from a myriad of applications such as automotive, industrial, trucks, and heavy equipment. Moreover, on-going diversifications in printed circuit boards (PCBs) have paved ways for replacement of complex and traditional relays, which bodes well for the automotive relay market. With increasing demand for technologies like GPS, temperature, weather, and traffic information, the installation rates of automotive relays are expected to rev up, thereby pushing growth of automotive relay market. As per the report published by Fact.MR, the automotive relay market was valued at US$ 12,030.9 Mn in 2017 and is envisioned to value around US$ 15,692.5 Mn by 2022 end.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=18

Advent of nascence technologies in the automotive relay market might create new opportunities for the market players over the time. The capacity of automotive relays to improve the intelligent transportation framework, safety, and space consumption adds to its global demand. These innovations in automotive relay will further revamp quality, agility, production timelines, functionality, and efficacy. Also, developments in Internet of Things and semiconductors will further provide the much-needed fillip to automotive relay market over the forecast timespan. Furthermore, uncompromising government regulations regarding use of electronic safety systems such as Anti-locking Braking System (ABS) and Electronic Stability Program (ESP) for cutting down emissions are likely to augur well for the market growth.

Manufacturers of passenger cars are vying to improve the integration of electronic devices in their offerings, which is incidentally boosting the growth of automotive relays market. The installation rates of relays is upping rigorously in the wake of boosting the vehicle’s overall performance. Fact.MR’s latest study on the global automotive relays market offers a prognosis on how the automotive relay market will incur reforms over the years influenced by consumer preferences, strategies, and governmental initiatives.

Ask for the Country Specific Data: https://www.factmr.com/connectus/sample?flag=AFCD&rep_id=18

PCB relay is estimated to be the supreme in terms of revenue among all other product types in the automotive relay market. Most of the electronic applications such as ABS, cruise control, doors, power steering, power windows, and sunroof raise consistent requirements for PCB relays. However, in many areas plug-in versions of automotive relays are sought-after as compared to PCB relays. Some of the functions in which PCB relays don’t fit in the bill include switching operations performed amid extreme vibrations, temperatures, and voltage oscillations. In the aforementioned context, plug-in relays are gaining more traction in the automotive relay market.

Passenger cars are anticipated to be the largest among all other vehicle types in the automotive relay market. Government is investing in deliberate efforts to push the sale and use of electric vehicles, which is likely to a ravenous factor for automotive relay market. Another key aspect responsible for supremacy of this segment in automotive relay market is the rising demand for electronic e-fuse over electromagnetic alternative by virtue of modernization of vehicles. The aforementioned aspects outline the prominence of electric vehicles in the foreseeable future. This, in turn, makes it a lucrative segment for the industry participants of automotive relay market.

Request for the Report Summary: https://www.factmr.com/report/18/automotive-relay-market

Market players of automotive relay market are witnessing cut-throat competition in the wake of design expertise, innovation and breakthroughs, and efficient distribution channels. Vendors of automotive relay market are increasingly keeping an eye on product enhancements, which will facilitate automobile functioning and revitalize the driver experience. Many automakers have consistently improved the fuel efficiency ratio and curtailed carbon footprint as a corporate priority. Some of the key players featured in the report include Delphi Automotive, HELLA KGaA Hueck & Co.., Eaton Corporation PLC., TE Connectivity Ltd., Panasonic Corporation, Denso Corporation, Fujitsu Limited, and Infineon Technologies AG.

Car Air Filter Market will Touch a Value of Nearly US$ 9,916 Mn in the Year 2022

Global car air filter market is witnessing steady demand from all across the globe. This is due to the reason that car air filters are an integral part of the automobiles as they protect the internal combustion engine from dust particles and grime coming from the air that mixes with the fuel in the engine. If the air filter of a car is not clean, it may result in damage to the engine of the car.

Request for the Report Summary: https://www.factmr.com/report/135/car-air-filter-market

Besides this, the car will not function in an optimal manner and will exhibit reduced mileage and black sooty smoke or flames coming out from the exhaust if the air filter is worn out or not replaced at a proper time. The increasing sales of automobiles, especially cars, is the main driver of the global car air filter market. However, as the future of the automobile industry is centered on the electric cars, in which no fuel is burnt in the engine, the market for car air filter may get restricted during the assessment period. This is especially true of the European market, where electric cars are becoming popular due to the strict air pollution emission norms prevalent in the region.

The global car air filter market is slated to touch a value of nearly US$ 9,916 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

As per the forecast of Fact.MR, the intake air filter segment is slated to touch a value of nearly US$ 5,366 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The intake air filter segment is estimated to account for more than half of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=135

As per the forecast of Fact.MR, the OES car air filter segment will reach a value of nearly US$ 2,564 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The OES car air filter segment is estimated to account for more than one-fourth of the revenue share of the sales channel segment in the year 2017 end and is expected to lose market share by the end of the year 2022.

Fact.MR forecasts that the cellulose car air filter segment will exhibit a CAGR of 3% from 2017 to 2022. Cellulose car air filter segment is estimated to account for nearly one-third of the revenue share of the filter media segment by 2017 end and is expected to gain some market share by the end of the year 2022.

The report has also profiled leading players in the global market for car air filter, which will remain active through 2022. These include companies such as General Motors, UFI Filters Spa, Freudenberg & Co. KG, Alco Filters Ltd., Hollingsworth & Vose Company, Denso Corporation, MAHLE GmbH, Donaldson Company, Inc. and Champion Laboratories, Inc.

Ask for the Country Specific Data: https://www.factmr.com/connectus/sample?flag=AFCD&rep_id=135

Stent Graft Balloon Catheter Market is Estimated to Exceed Revenues Worth US$ 1,000 Mn by 2022-End

The global stent graft balloon catheter market will register a healthy expansion during 2017 to 2022. Revenues from the market are expected to surpass US$ 1,000 Mn by the end of 2022.

Get the Market Alerts: https://www.factmr.com/connectus/sample?flag=GRU&rep_id=149

Usually utilized in bypass graft surgery as well as balloon angioplasty, stent graft balloon catheters prevent risks concerning occurrence of re-narrowing in patients undergoing angioplasty, and risks related to abrupt artery closure. Owing to these advantages offered by stent graft balloon catheters, their demand is witnessing a rise. A gradual evolution has been observed in the stent graft balloon catheter market, from the simple stents to modification of balloon stent catheters.

Since recent past, there has been a surge in hospital admissions caused by increasing cases of atherosclerosis, and soaring prevalence of CAD – coronary artery disease globally. Numerous developments have been realized in technology of balloon catheters, along with the hike in healthcare expenditure. These factors are expected to augment growth of the market. In contrast, high prices of angioplasty procedures has become a problem for population across developing and underdeveloped economies. This might act as an impeding factor for the market growth.

Ask for the Regional Data: https://www.factmr.com/connectus/sample?flag=AFRD&rep_id=149

Growth of the global stent graft balloon catheter market has been highly favored by the advent of drug eluting balloons. In addition, shifting preferences towards using balloons with drug delivery, and helping to deliver medications at local sites, has deemed them to be effective substitutes for administering drugs intravenously. Various new products developed are being approved for treatment of vascular diseases. For instance – recently, the FDA has approved use of expandable balloon stent graft introduced by the W.L. Gore & Associates to treat peripheral artery disease. Moreover, technology advancements in the stent graft balloon catheters, coupled with increasing awareness about angioplasty, and sophisticated healthcare infrastructure in developed economies are further poised to drive the market growth in the near future.

Based on raw material, sales of polyurethane for producing stent graft balloon catheters will register a steady expansion, while sales of nylon are estimated to register a sluggish growth through 2022. Cardiac catheterization laboratories are anticipated to become the fastest growing end-users in the global stent graft balloon catheter market. Ambulatory surgical centres are expected to be the least lucrative end-users of stent graft balloon catheters.

Hospitals will continue to be the largest end-user segment, with sales poised to reach nearly US$ 900 Mn by 2022-end. Sales of stent graft balloon catheters for coronary artery disease indication are projected to account for over two-third share of the market over the forecast period, in terms of revenues. Demand for stent graft balloon catheters from peripheral vascular disease indication segment will remain sluggish in the market.

Ask for the Country Specific Data: https://www.factmr.com/connectus/sample?flag=AFCD&rep_id=149

Industrial Battery Charger Market is Projected to Register ~8% CAGR through 2028

According to a recent study of Fact.MR, ~1,400 thousand units of industrial battery chargers were sold in the year 2018. In addition to the constant surge in uninterrupted operational requirements from a multitude of end users, the growing criticality of quick charging batteries will remain the key factors complementing industrial battery charger market growth in coming years. Marked penetration of intelligent or smart industrial battery chargers will be a notable trend in market over the coming years, according to the study.

Request for the Report Summary: https://www.factmr.com/report/3758/industrial-battery-charger-market

As indicated by the study, mounting demand for smart grid storage will remain a strong booster to industrial battery charger sales. Additionally, a visibly strong surge in adoption of sealed lead acid (SLA) industrial batteries, which are selling high for their compact size and superior capabilities suitable for back-up and cycling applications, will continue to benefit sales of industrial battery charger.

In 2018, the combined demand for industrial battery charger from manufacturing and energy & power industries, along with railways, accounted for ~70% of the sales volume. However, the study indicates that growing dependency on oil & gas energy storage is supplementing investments made in lithium batteries, which synchronize with the sustainable energy storage trend, and thus is likely to create opportunities for manufacturers of lithium-based industrial battery chargers.

Fact.MR’s report opines that the growing sales of electric forklifts across warehouses have been one of the key determinants spurring adoption of industrial battery chargers. Aggravating demand for simple and efficient power solutions with built-in intelligence, across multiple end-use segments, such as IT & telecom industry, data centers, mining, manufacturing, railways, oil & gas, and energy & power, is further widening the application rage of industrial battery chargers.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3758

The industrial battery charger industry is undergoing a sea change, particularly in terms of charging capabilities. According to the report, transforming battery technologies and innovations in industrial infrastructure are creating favorable ground for adoption of intelligent battery chargers that target industrial applications, thereby, assisting growth of the industrial battery charger market.

The study also mentions that the heightening popularity of energy-efficient and cost-effective technologies, such as ferroresonant and SCR technology, over hybrid and high-frequency battery variants, will significantly contribute towards the growth of industrial battery charger market. Extensive inherent advantages of these energy-efficient technologies, in terms of voltage regulation, low operation costs, easy maintenance, and high reliability, will continue to account for high preference. The subsequent rise in demand for high-efficiency power solutions for different industrial operations is set to augur well for the sales of industrial battery chargers.

IT and data centers are anticipated to remain the prominent end-use sector and will thus hold a fourth of global sales volume of industrial battery chargers, in coming years. High dependency of IT and data centers on backup power has been creating lucrative opportunities in the industrial battery charger market. With evident profitable opportunities, APEJ will remain the leading market for industrial battery charger manufacturers. While APEJ’s market attractiveness is attributed to spectacular expansion of the IT & telecom industry, that of developed regional markets has been traditionally banking on the resurgence of oil & gas industry, which is among the prime end-use consumer of industrial batteries.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=3758

Fiducial Markers Market – Surge in Popularity as a Standard Tool for Image-Guided Radiotherapy (IGRT)

Fiducial markers sales are anticipated to surpass 100 Mn by 2019, registering an upswing from 93.9 Mn in 2018, according to a Fact.MR study. As fiducial markers gain traction in parallel to rising incidences of various cancer forms affecting lung, prostate, abdomen and kidney, the growth potential of the market is set to witness a considerable rise.

Request for the Report Summary: https://www.factmr.com/report/1026/fiducial-marker-market

As per the Fact.MR study, the adoption of fiducial markers for prostate cancer have been witnessing a persistent increase, driven by their ability in terms of seamless target precision. Thus, rising adoption of fiducial markers as an effective tool for use in case of radiation treatment is fostering its popularity.

“Cancer survivors are increasingly opting for radio therapy procedures, either for primary management or for symptom control. This rise in embracement of radiotherapy as an effective methodology for diagnosis and management of cancer is substantially spurring sales of fiducial markers”, Senior Analyst, Fact.MR

Use of fiducial markers for prostate cancer is on a steep rise by virtue of its effectiveness in individualizing patient care in advance detection, diagnosis, and treatment. Furthermore, adoption of fiducial markers to address rising incidences of breast cancer is also proliferating at an impressive rate, wherein markers are implanted in the target area to mitigate the risk of cancer recurrence.

According to the Fact.MR study, pure gold fiducial marker will outsell all other product types in 2019, with an estimated valuation worth US$ 60 Mn by 2019. Greater reliability and superior stability are the prime factors responsible for escalating demand for pure gold fiducial marker. Fact.MR also unveils that competency of pure gold fiducial markers to provide high-quality resolution is another key reason fuelling its buoyancy in the global market space.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=1026

While pure gold fiducial markers continue to be profitable, demand for metal-based fiducial markers is also foreseen to scale new heights owing to their ability in providing superior accuracy in target delivery of beam of radiation. Among all the end-users including hospitals, radiotherapy centers, and cancer research centers, sales of fiducial markers are expected to witness a notable uptick in the radiotherapy centers with an anticipated valuation surpassing US$ 39 Mn in 2019. Escalating adoption to treat various forms of cancer or malignant tumor is the predominant reason fostering sales of fiducial markers in radiotherapy centers.

According to the report, North America continues to portray significant opportunities for the manufacturers of fiducial markers, with the U.S. spearheading in terms of demand. The fiducial markers market landscape portrays monopoly of leading players with established brand images and significant product portfolios. Diversification and expansion of existing product lines with new additions remain the key focus areas of the key players.

The Fact.MR report states that leading players in the fiducial markers market are also investing in extensive research and development to foster seamless product development. Expansion of the customer base through product marketing via online portals is another significant approach adopted by the well-established players in the fiducial markers market.

Fact.MR’s report presents actionable insights and opportunity assessment of fiducial markers market for the forecast period of 2018- 2028. The report predicts that fiducial markers market is likely to expand at a CAGR of over 9% through 2028.

Ask for the Regional Data: https://www.factmr.com/connectus/sample?flag=AFRD&rep_id=1026

Lithotripsy Devices Market – Non-Invasive ESWL Witnessing Immense Traction

The lithotripsy devices market is projected to continue its steady growth due to the burgeoning cases of kidney stones, coupled with the surging demand for minimally invasive medical treatments. According to Fact.MR report, the lithotripsy devices market is anticipated to accelerate at 4.3% CAGR during 2018-2026 to reach a value of US$ 1,095.2 MN by the end of 2026. In recent past, lithotripsy has become the most preferred way of treating kidney stones, owing to myriad advantages of lithotripsy devices, such as low cost, relative safety, negligible recovery time and positive results.

Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=3084

The Fact.MR report on lithotripsy devices market opines that the growing adoption of lithotripsy devices owing to their ability to treat all kinds of kidney stones with impressive success rates for ureteral stones without any considerable complications has been underpinning gains in lithotripsy devices market.

Urolithiasis is a widely prevalent urologic issue, which constitutes considerable burden on the healthcare system across the globe. According to Fact.MR report on lithotripsy devices market, apart from widespread prevalence, urolithiasis has been linked to an increased risk of end-stage renal failure, which has further accelerated the demand for lithotripsy devices. As per the U.S. National Institutes of Health, urolithiasis affects roughly 12% of the worldwide population once in lifetime. The report opines that the growing prevalence of kidney stones is likely to drive the growth of lithotripsy devices market during the forecast period. The rapidly advancing technology and manifold extracorporeal shock wave lithotripsy procedures are anticipated to act as a main growth driver for lithotripsy devices market, as per Fact.MR study. Further, lithotripsy devices’ manufacturers are focusing on creating novel and cutting-edge lithotripsy devices, which is expected to fuel growth in global lithotripsy devices market during 2018-2026.

Ask for the Regional Data: https://www.factmr.com/connectus/sample?flag=AFRD&rep_id=3084

The Fact.MR report on lithotripsy devices opines that lithotripsy procedures are likely to become an outpatient procedure in the forthcoming years, witnessing a robust growth in ambulatory surgical center segment by end users. Though there are newer ways for the treatment of kidney stones, patients are increasingly opting for minimally invasive or non-invasive treatment as a viable method for kidney stones treatment. Furthermore, as modern day lithotripters provide a wide range of settings to clinicians, medical practitioners get the liberty to adopt diverse combinations with various effects during the procedure. However, the prevalence of substitutes for kidney stones treatment is likely to dampen the growth of lithotripsy market during the foreseeable period. Additionally, adverse effects linked to the use lithotripsy, such as internal bleeding is another key factor likely to dampen the growth of lithotripsy devices market.

According to Fact.MR analysis of lithotripsy devices market, Europe is envisaged to dominate lithotripsy devices market and is projected to reach US$ 307.5 MN by the end of foreseeable period due to the presence of leading market players in the region. Europe will be closely trialed by Asia-Pacific excluding China (APEC) lithotripsy devices market. APEC lithotripsy devices market is likely to account for second largest value share in lithotripsy devices market due to increasing burden of chronic diseases in tandem with the developing healthcare infrastructure in the region, apart from the growing initiatives to promote adoption of lithotripsy devices.

Request for the Report Customization: https://www.factmr.com/connectus/sample?flag=RC&rep_id=3084

Urea Formaldehyde Market – Growing Applications in Thriving Wood Industry Generating Opportunities

Urea formaldehyde sales are highly influenced by increasing demand from the building and construction industry. The growing use of formaldehyde as an important chemical to manufacture building materials and several household products has been identified as a key factor likely to fuel urea formaldehyde market growth. The global urea formaldehyde market surpassed 14,000 kilo tons sales in 2018 and will record nearly 4% y-o-y growth in 2019, according to a recent Fact.MR report.

Ask for the Country Specific Data: https://www.factmr.com/connectus/sample?flag=AFCD&rep_id=2950

Urea formaldehyde resins are gaining significance as easily available, time-effective curing resins for varied applications in the wood industry, apart from being sought-after wood adhesives for fibrous boards, medium density fiber boards, particleboards, and granular boards. Building and construction continues to remain a lucrative end-use area for urea formaldehyde, accounting for nearly 60% volume sales in 2018. This can be attributed to the fact that urea formaldehyde is a vital building block in construction materials, often used in various converted forms. Adoption of urea formaldehyde in the building and construction sector remains influenced by their integral role in manufacturing composites and engineered wood products for commercial as well as residential applications.

The Fact.MR study estimates healthy gains from the wood industry, owing to the sustainability benefits of urea formaldehyde resins in wood panel and board products, in terms of forest resource conservation and waste reduction. For example, composite wood panels, such as particleboard, are generally composed of recovered wood waste, which is otherwise disposed of in a landfill. Not only does formaldehyde-based chemistry result into greater utilization of wood, but it helps forming robust, highly durable building materials compared to wood, thereby witnessing high demand from particle board manufacturers.

Get the Discount on the Report: https://www.factmr.com/connectus/sample?flag=D&rep_id=2950

Fact.MR study opines that key players in the urea-formaldehyde market have been seeking novel approaches to address the toxicity concerns, while complying with regulations imposed on using urea-formaldehyde. Significant efforts of regulators to reduce formaldehyde emissions from composite wood products, by imposing restrictions on formaldehyde emissions from wood products used in housing industry. Many federal agencies, such as the U.S. Environmental Protection Agency, HUD, and the Consumer Product Safety Commission have extensively gauged and regulated indoor air exposure to formaldehyde, which continues to hard-press manufactures to adopt viable substitutions in formulation of urea-formaldehyde based chemistry.

Recent breakthroughs in resin formulations and technologies allude promising erratic solutions to numerous existing challenges related to urea formaldehyde. Many manufacturers have embraced advanced technologies to address the rising concerns related to urea-formaldehyde emissions. For example, Georgia Pacific Chemicals has recently rolled out LEAF® low-emission resins, a group of wood adhesive technologies, which comply with various green building standards, and CARB Airborne Toxic Control Measure (ATCM), for Composite Panels Phase 2 emission requirements. Fact.MR report opines that the growing adoption of technologically-advanced solutions to curtail formaldehyde emission and to address toxicity concerns is likely to create lucrative growth opportunities for the urea formaldehyde market.

According to Fact.MR study, APEJ held over 50% sales of urea formaldehyde in 2018, and will record a 5.0% Y-o-Y in 2019. The urea formaldehyde market in APEJ continues to remain driven by their bolstering demand in diverse end-use industries, particularly in the construction and building industry. Gains will also be healthy in Europe, on the account of growing adoption of formaldehyde resins by particle board, and medium-density fireboard manufacturing industries in the region.

Get the Market Alerts: https://www.factmr.com/connectus/sample?flag=GRU&rep_id=2950