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Gynecological Devices Market to Exceed USD 21 billion by 2024

26 April 2019, Growing healthcare awareness and changing lifestyles are key factors that fuel the global gynecological devices market. The industry is poised to surpass USD 21 billion by the end of the forecast period (2016 to 2024). Rising income levels in developing countries, such as Indonesia, Vietnam, and India may significantly contribute to industry demand in the years to come. High incidence of gynecological anomalies, like menorrhagia, uterine fibroids, and cervical cancer could positively influence global demand.

Gynecological devices are an integral part of the medical devices industry. Adoption of specialized gynecological procedures in hospitals and in healthcare centers fuels the need for such devices. Introduction of sophisticated imaging devices, such as 3D endoscopes holds promise for further market progress. High incidence of diseases, such as uterine fibroids and sexually transmitted diseases can propel demand in the years to come.

The global gynecological devices market is segmented as per products and regions. On the basis of products, the industry is trifurcated into surgical devices, hand instruments, and diagnostic imaging systems. Hand instruments are further segmented into biopsy forceps, vaginal speculum, trocars, tenaculum, curettes, and others. Surgical devices comprise gynecological endoscopy devices, endometrial ablation devices, fluid management systems, and female contraceptive/sterilization devices.

Surgical devices hold the highest share in the overall Gynecological Devices Market because of growing demand for female contraceptives & endoscopy devices. Use of endoscopes in gynecology is gradually increasing. Some of their key applications in gynecology are resectoscopes, endoscopic imaging, hysteroscopes, and laparoscopes. Being minimally invasive, procedures, such as hysterectomy, hysterotomy, and laparoscopy may favorably impact demand for endoscopes in the near future.

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Awareness about the importance of early detection of gynecological disorders and use of lighting in diagnostics solutions could play a key role in fuelling industry growth in the years to come.

Geographically, the gynecological devices industry is segmented into Latin America, Europe, North America, Asia Pacific, and the Middle East & Africa. North America generates the highest revenues in the overall industry. High concentration of market competitors and widespread adoption of advanced technologies are key regional drivers. Healthcare centers in the region carry out routine check-ups for women to rule out the possibilities of cervical & breast cancers.

Asia Pacific can witness robust growth over the forecast period. Factors that fuel this region are medical tourism and affordable treatment costs. Most manufacturing facilities are increasingly being established in India & China. Reasons that support such a trend are cheap labor costs, availability of skilled healthcare professionals, and advanced manufacturing facilities. This has also lead to low manufacturing costs of medical devices.

Key companies operating in the global gynecological devices market are Medtronic plc; Stryker Corporation; Cooper Surgical Inc.; Boston Scientific Corporation; and Richard Wolf Gmbh among many others. In September 2016, Aqueduct Medical received FDA (Food and Drug Administration) approval for a device that creates cervical dilation within a few minutes. Aqueduct Medical is an Israel based startup dealing in medical devices. The process is carried out without general anesthesia. At present, the company is conducting clinical trials in Europe. The product would soon be available in Israel once it is approved by the Health Ministry.

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High-Brightness LED Market 2019 Key Growth Drivers, Challenges, Demand and Upcoming Trends

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High-Brightness LED

22 April 2019, The global high-brightness LED market size to reach USD 27.28 billion by 2024 and is driven by the rise in the consumer need for resource efficient and low energy lighting solutions. The market was dominated by North America and Asia Pacific together accounting for 62% of the revenue share in 2016.

High-brightness LEDs are semiconductor-based devices which exhibit superior luminosity as compared to traditional LEDs due to the higher current levels and power dissipation. Increasing trend of providing more brightness to improve clarity is expected to augment the growth of the market over the projected period.

Increasing demand for HB LEDs in numerous application segments including automotive, television, smartphones, general lighting, and signs owing to their lower energy consumption and superior brightness is expected to drive the demand. Rising consumer awareness regarding the benefits of using HB LED such as lower power consumption and superior brightness for residential as well as commercial applications are expected to bolster growth.

 

Demand for these lighting solutions was highest in consumer electronics including laptops, TV backlight and smartphones to provide superior luminescence even in dark lighting conditions. The segment accounted for 56.3% of the market share in 2016 and is expected to continue its dominant trend over the projected period. Increasing consumption of HB LEDs in 4K TVs coupled with the growing sales of these products is anticipated to drive the market over the next few years.

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Automotive is expected to exhibit the fastest growth over the forecast period at a 10.2% CAGR from 2017 to 2024. Although LEDs have penetrated the automotive market, HB LEDs are increasingly used as a safety measure for visibility along with reducing the power consumption. Increasing production of automobiles is expected to propel the sales of these lighting solutions over the next few years.

Keeping these driving factors in mind, companies are ramping up their production capacity as well as seeking out new joint ventures to improve their distribution system. For instance, in March 2017, Samsung signed a MoU with Elec-Tech International (H.K) Co, Ltd. to leverage the latter’s technology and market share in China. On the other hand, ETi is likely to benefit from Samsung’s patent protection and brand strength.

As the demand for high-brightness LEDs has been growing, it has led companies to increase their fabs. The LED manufacturing industry has roughly added 100 new fabs in the last five years increasing the tally to 169 fabs worldwide.

Hexa Research has segmented the global high-brightness LED market based on application and region:

Segmentation by application, 2014 - 2024 (USD Million)
• Consumer Electronic
• General Lighting
• Automotive
• Signals and Signage

Segmentation by region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • Germany
    • UK
• Asia Pacific
    • China
    • India
• Rest of the World (RoW)

Key players analyzed:
• Lumileds Holding B.V.
• Epistar Corporation
• Cree, Inc.
• MORITEX Corporation
• Samsung Electronics
• Seoul Semiconductor Company, Ltd.
• Osram Licht AG
• American Bright
• Nichias Corporation
• Toyoda Gosei Co., Ltd.

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Ethernet Cable Market Swot Analysis, Top Players Financial Overview, Analysis And Forecasts 2014 To 2024

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Ethernet Cable

22 April 2019, The global Ethernet cable market is anticipated to reach USD 1.42 billion by 2024. Growing consumer demand for high-speed internet connectivity and data center installations activities are the key factors which are expected to boost the market over the forecast period. Furthermore, increasing growth of IT sector is expected to fuel the demand for Ethernet cables on the global level.

Companies are heavily investing in R&D to boost up their manufacturing capacity of the Ethernet cables. For instance, in 2008, General Cable Corp. acquired Isotec Inc. and its affiliate, Gepco, for approximately USD 46 million to boost cabling products for the broadcast and entertainment industries. Power over Ethernet was a new concept which is capable of powering remote device and eliminating separate power cable along with high-efficiency network transfer.

Copper cable contributed the highest revenue share in 2016. Furthermore, it was extensively used owing to its high strength and high-speed connectivity. Increasing use of the product in industrial applications coupled with the shift from manual to digital in the sector is anticipated to fuel its growth over the projected period.

Initiatives taken by companies such as Belden Inc., SAB Bröckskes, and General Cable Technologies Corporation to use efficient materials for high-speed continuous data transfer and high durability are expected to boost the market over the forecast period. Benefits associated with fiber optic cables such as efficiency, long distance uninterrupted connections and growing demand for high-speed internet is anticipated to increase the market over the forecast period.

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Asia Pacific held the major share accounting for 35.6% of the total revenue share in 2016 due to increase in demand for high-speed internet, increasing automation in industries, and reliable performance of Ethernet cable. Furthermore, China has the highest demand for fiber optics within Asia Pacific which is expected to fuel the market growth over the forecast period.

Key players within the global industry are Belden Inc., Siemon, SAB Bröckskes, Nexans, Rockwell Automation, Hitachi Ltd, Prysmian Group, Schneider Electric, Anixter Inc and General Cable Technologies Corporation. These companies are focusing on R&D to manufacture products that can transmit faster speed internet over longer distances.

Hexa Research has segmented the global Ethernet cable market based on type, application and region:

Segmentation by type 2014 - 2024 (USD Million)
• Copper Cable
• Fibre Optic Cable

Segmentation by application 2014 - 2024 (USD Million)
• Industrial
• Broadcast
• Enterprise
• IT & Network Security
• Others

Segmentation by region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • Germany
    • UK
• Asia Pacific
    • China
    • India
• Rest of the World

Key players analyzed
• Belden Inc. 
• Siemon 
• Nexans 
• SAB Bröckskes GmbH & Co. KG 
• Rockwell Automation 
• General Cable Technologies Corporation 
• Hitachi Ltd.
• Prysmian Group 
• Schneider Electric
• Anixter Inc.
• Siemens AG

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Liquid Filtration Market Analysis, Segmentation and Global Opportunities 2024

22 April 2019, The global liquid filtration market to reach USD 31.74 billion by 2024. Technological advancement in waste water treatment, rapid industrialization, and stringent regulations by the government to implement standard filtration techniques are key factors which are expected to drive the global liquid filtration market over the forecast period. Every industry uses liquid filtration process, i.e., to filter solid-liquid and liquid-liquid to improve the quality of the product.

Asia Pacific dominates the global liquid filtration market holding 52.3% share in 2016. China was the leading country in Asia Pacific and is expected to boost the market over the forecast period due to increasing industrialization. North America was the second largest market followed by Europe driven by stringent government regulations and technological advancement.

Multifilament polypropylene fabrics dominated the global market due to its budding use in textile industry and unique filtration properties. However, nonwoven polypropylene felt is expected to be the fastest growing type at a 7.1% CAGR due to its excellent properties such as resistance to alkalis and acids.

There are numerous applications where liquid filtration process is used such as mining, chemicals, pharmaceuticals, food processing, sludge dewatering and waste water management. Waste water management holds the major share at 24.4% followed by sludge dewatering. Increasing need for water purification and stringent government regulations regarding waste water discharges from chemical, mining, pharmaceutical industries have been a major driving factor for the market, and the trend is likely to continue over the forecast period.

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The liquid filtration industry has been observing drastic change, specifically over the past two decades. Progressively prohibitive environmental regulations by governments, advancing the utilization of cleaner powers; consistent interest for filtration crosswise over on-street and rough terrain applications; development of the power generation sector; and prerequisite of higher effectiveness execution among mechanical equipment and manufacturing plant processes are the key elements driving the development of the filtration and contamination control showcase.

The market for liquid filtration is fragmented with the presence of organized and unorganized manufacturers across the globe. The major players analyzed are in the market are Clear Edge, Sefar AG, Lenntech B.V., Industri-Textil Job, Freudenberg Group, Industrial Filter Manufacturing Limited, Khosla Profil Pvt Ltd, The Kraissl Company, Shelco Filters, and Genesis Filtration Inc.

Hexa Research has segmented the global liquid filtration market based on product, application and region:

Segmentation by product, 2014 - 2024 (USD Million)
• Monofilament Mesh (>250 micron opening)
• Monofilament Polypropylene Fabrics
• Multifilament Polypropylene Fabrics
• Nonwoven Polypropylene Felt
• Nonwoven Polyester Felt

Segmentation by application, 2014 - 2024 (USD Million)
• Mining
• Chemicals
• Pharmaceuticals
• Food processing
• Sludge dewatering
• Waste water treatment

Segmentation by region, 2014 - 2024 (USD Million)
• North America
    • U.S.
• Europe
    • France
• Asia-Pacific
    • China
    • Japan
    • India
• Central & South America
• Middle East & Africa

Key players analyzed:
• Clear Edge
• Sefar AG
• Lenntech B.V.
• Industri-Textil Job
• Freudenberg Group
• Industrial Filter Manufacturing Limited
• Khosla Profil Pvt Ltd
• The Kraissl Company
• Shelco Filters
• Genesis Filtration Inc

Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/water-and-sludge-treatment-industry

Library Management Software Market Size, Growth Factors, Demand, Trends And Forecast 2024

22 April 2019, The global library management software market is expected to reach USD 2.80 billion by 2024. Emerging trend automating library functions is expected to be one of the key driving factors of the market. In 2016, North American dominated the global market contributing to 40.5% of the market share pertaining to the increasing number of online libraries along with corporates. Asia Pacific is expected to grow at the fastest CAGR over the forecast period pertaining to the increasing awareness of education in the region.

 

In compliance with the driving factors, companies are focusing on software development as well as mergers and acquisitions to expand their presence in global market. For instance, in October 2015, ProQuest successfully acquired Ex Libris to provide new solutions that will help libraries to seize the opportunities in rapidly changing technology. This strategy has been helpful to both libraries and the company’s financial position on accounts of profound investments in research and libraries.

 

The companies are also focusing on expanding their software portfolio to maximize its end use through means of various strategies. For instance, in April 2015, EBSCO acquired an online platform named LearningExpress which would benefit the company to expand its student library range to help the students improve their academic skills and get ready for mock test series.

 

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Cloud-based library solutions dominated the global library software market in 2016 and are expected to maintain its position over the forecast period. Furthermore, the cloud-based software was extensively used owing to several benefits like multi lingual articles, multiple format support and easy access. Furthermore, steady demand for on-premises solutions on account of several benefits including user comfort, pleasant surrounding along with rising footfall of students is expected to upsurge the progression of the market. This segment is expected to grow at CAGR of 2.7% over the projection period

The lucrative growth of library management software market primarily driven by increasing tangible stock which is also likely to be favored by easy access and use through smartphones or any other online platforms. These factors are expected to result in a noticeable growth of the global library management software market over the next forecast period.

Hexa Research has segmented the global library management software market based on deployment, end-use and region:

Segmentation by deployment, 2014 - 2024 (USD Million)
• Cloud based
• On-premises

Segmentation by end-use, 2014 - 2024 (USD Million)
• School Library
• Public Library
• Academic Library
• Others

Key players analyzed
• Civica Pty Limited
• ProQuest
• Innovative Interfaces, Inc.
• SirsiDynix
• Book Systems Inc
• Insignia Software.
• PrimaSoft PC
• Follett Corporation
• Soutron Ltd.
• LIBSYS Ltd.

Table of Contents

Chapter 1. Market Summary 
Chapter 2. Methodology and Scope
                     2.1. Research methodology
                     2.2. Assumptions
                     2.3. List of data sources
Chapter 3. Introduction
                     3.1. Research scope & market segmentation
Chapter 4. Library Management Software Market Trends: Drivers & Opportunities
                     4.1. Key Industry Trends
                          4.1.1. Technology trend
                          4.1.2. Buyer trend
                          4.1.3. Regulatory trend
                     4.2. Market Drivers
                     4.3. Market Restraints
                     4.4. Opportunity Assessment
                     4.5. Raw Material Analysis
                     4.6. Value Chain Analysis
                     4.7. PESTEL Analysis
                     4.8. Porter's Five Forces analysis
Chapter 5. Library Management Software Market Trends, By End-use
                     5.1. Global library management software market movement, by end-use, 2016 & 2024
                          5.1.1. School Library
                               5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
                          5.1.2. Public Library
                               5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
                          5.1.3. Academic Library
                               5.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
                          5.1.4. Others 
                               5.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
Continue………………

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Global Nitric Acid Market Set to Grow Exponentially During, 2015-2022

22 April 2019

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Nitric Acid

According to the research study by Hexa research, Global Nitric Acid industry is estimated to see significant growth in the forecast period. Due to large scale use of chemicals and fertilizers this industry is expected to boom rapidly in the global market. With the growing demand of Ammonium nitrate fertilizers for agricultural use, it has become the key factor for industrial growth. Growth of chemical making industries, especially in emerging regions like China and India, it is further expected to increase more demand of nitric acid market in next five years. Asia Pacific was the largest market for nitric acid in 2012-2013 with strong and impactful presence of fertilizers industries in that region. North America and Europe are estimated to witness loss of market share by over 2.1% in the forecast period. Asia Pacific is likely to experience high growth with CAGR of 2.8% from 2015 to 2022. Ammonium nitrate contributes being the largest application segment over the years and also in upcoming years owing the increasing demand in agricultural field and lack of rule and regulations of the use of nitrate fertilizer in India and China. Central and Eastern Europe has dominated the Nitric acid industry globally with market demand over 20 million tons in 2014.

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Hexa Research also stated that, Adipic acid, key application of Nitric acid is contributing for 2,280 Kilo tons in global market. Nitric acid consumed for ammonium nitrate production is used as a intermediate for manufacturing of fertilizers or 80% of it is used a fertilizer. Nitric acid industry is stated by its major Players including Dow Chemical Company and BASF SE. Koch Nitrogen Company and Agrium are involved in manufacturing ammonium nitrate and ammonia which is nitrogen based fertilizers. Automobile, construction, furniture and chemical industries being the key factor involving nitric acid Market growth.

Table of Contents

  1. Methodology & Scope
    1.1 Research Methodology
          1.1.1 Initial Data Exploration
          1.1.2 Statistical Modeling and Forecast
          1.1.3 Industry Insights and Validation
    1.2 Research Scope & Assumptions
    1.3 List of Data Sources
  2. Executive Summary
    2.1 Industry Summary of Nitric Acid Market
  3. Industry Outlook
    3.1 Nitric Acid Market Segmentation
    3.2 Nitric Acid Market Size and Growth Prospects
    3.3 Nitric Acid Market Dynamics
    3.4 Key Opportunities Prioritized
    3.5 Industry Analysis - Porter's
    3.6 Market Share Analysis
    3.7 Market PESTEL Analysis, 2015
  4. Application Framework
    4.1 Nitric Acid Market share by application, 2015 & 2022
  5. Regional Outlook
    5.1 North America
    5.2 Europe
    5.3 Asia Pacific
    5.4 Latin America
    5.5 MEA (Middle East and Africa)
    5.6 RoW (Rest of the World)
    Continue…………….

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Egg Processing And Equipment Market– to Witness Double Digit CAGR By 2024

18 April 2019

Processing of eggs is done by two methods that include in-line and off-line processing. In-line processing occurs at the same place as the production facility. Off-line processing occurs separately from the production facility. Shifting consumer preference towards processed food coupled with increasing demand for high quality egg products are expected to remain the major driving factors for global egg processing & equipment market in the long run.

 

Increasing demand for high protein food and nutritional dietary supplements are anticipated to fuel egg processing & equipment market growth over the forecast period. Technological advancements such as integrated assembly lines with improved production rates and reduced operational costs are estimated to have a positive impact on market growth over the forecast period. Egg processing and equipment industry participants have been adopting high quality manufacturing standards and have been constantly involved in product development. Manufacturers are focusing on technologies that would egg products with minimal wastage. Major companies such as Sanovo Technology Group have introduced innovative pasteurizing equipments that minimize salmonella presence in egg products that causes food poisoning, thus creating more demand for these products.

 

Stringent regulations by FDA regarding functional foods and egg proteins are anticipated to restrain market growth over the next few years.

 

On the basis of products, egg processing market has been segmented into frozen, liquid and dried products. Frozen and liquid products were the largest egg processing product segments in 2013. Dried products are estimated to witness highest growth rates over the next few years on account of increasing demand for egg proteins and functional foods in international markets. On the basis of applications, global egg processing industry has been segmented into dairy, soups & sauces, baking, confectionary and ready to eat (RTE) products.

 

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North America dominated the global egg processing and equipment market currently. The market in this region is characterized by advancements in extraction technologies coupled with growing health consciousness among average consumers. Egg processing & equipment market is expected to witness highest growth rates in Asia Pacific over the forecast period. Rising demand for processed egg products coupled with increasing health consciousness among the consumers is estimated to drive market growth in this region over the forecast period.

Major participants in the egg processing & Equipment market include Pelbo S.P.A, Moba b.v., Glon Group, Gruppo Eurovo, Sanovo Technology Group, Actini Group, Igreca S.A. Bouwhuis Enthovan, Interovo Egg Group B.V., OVO Tech and Pelbo S.P.A. Key egg processing equipment market participants are investing heavily to expand their businesses. These key players are also making large investments in the development of new equipments to maintain a competitive edge. These companies are entering into collaborations, agreements, joint ventures to gain market share.

In June 2016, Sanovo Technology Group signed its largest order. In June 2017 they are going to provide complete equipment for handling egg processing to a new plant in United States.

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