Advertisements

Smart Packaging Market Is Projected To Grow Rapidly Due To Growing use of Smart Packaging Products In Food & Beverage Industry Till 2024: Grand View Research, Inc.

The global smart packaging market is expected to reach USD 26.7 billion by 2024, according to a new report by Grand View Research, Inc. Rising need for smart packaging products owing to increasing usage in the end use industries such as electronics and automotive on account of its superior protection properties is expected to fuel the growth over the forecast period. Rising industrialization in emerging regions including Asia Pacific and the Middle East is expected to drive the industry over the next eight years.

Increasing application scope in the logistics industry pertaining to the surging use of RFID tags at multiple levels to speed up locating products, and to improve the availability of real-time information coupled with the elimination of record loss is expected to drive the demand over the next eight years. Moreover, rising investment to improve the logistics industry within emerging economies such as China and India are projected to propel the industry growth.

Active Packaging accounted for over 70% of the market in terms of revenue on account of superior corrosion and moisture control properties. Growing use of the product in the automotive sector is likely to drive the demand over the forecast period.

U.S. Smart Packaging Market Revenue, By Application, 2013 – 2024 (USD Million)

smart-packaging-market.png

Browse full research report on Smart Packaging Market: https://www.grandviewresearch.com/industry-analysis/smart-packaging-market                                

  • The global smart packaging industry in terms of revenue was USD 10.8 Billion in 2015 and is expected to reach USD 26.7 Billion by 2024, recording a CAGR of 10.6% from 2016 to 2024.
  • NFC (near field communication) is projected to be the fastest growing segment within intelligent packaging registering a CAGR of over 12% from 2016 to 2024. Usage of NFC in the telecom industries is rising exponentially. Smartphones equipped with NFC which can be paired with NFC tags or stickers, programmed by NFC apps to automate tasks and hence, is likely to fuel the growth of smart packaging market over the forecast period.
  • Personal care sector is expected to register a CAGR of over 10% from 2016 to 2024 accounting for about 9% of the total market in 2015. Growing demand for personal care products particularly organic products on account of rising awareness about various health benefits over their synthetic counterparts is likely to fuel the industry over the forecast period.
  • Automotive segment held a significant share of over 10% in 2015. The industry is expected to grow at a CAGR of around 12% from 2016 to 2024. Growing use of RFID tags in the automotive industry to improve the production efficiency is expected to drive the demand over the forecast period. Also, rising use of RFID tags in the automotive industry for asset tracking and supply chain management is expected to propel the industry growth.
  •  Asia Pacific accounted for a significant share of over 11% in 2015. The ready availability of raw materials coupled with cheaper manufacturing costs is expected to drive the growth. The region is also projected to witness growth of over 14% from 2016 to 2024.
  • The industry is moderately fragmented with the presence of a large number of prominent participants across the globe. Some leading companies operating in the global market include 3M, BASF, Du Pont, Avery Dennison Corp., Amcor Limited, Sealed Air Corporation and International Paper. 3M is an American company involved in product development, manufacturing, and marketing for businesses including industrial, safety & graphics, electronics & energy, healthcare, and consumer. The company manufactures a wide range of products which includes abrasives, maintenance, automotive, materials, films, hand hygiene, home improvement, components, patient monitoring, personal safety, signs & displays, filtration, surgical solutions, wire & cable and tapes & adhesives.

 

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers                                

Grand View Research has segmented the smart packaging market by product, application, and region.

Global Smart Packaging Product Outlook (Revenue, USD Million, 2013 – 2024)

  • Active Packaging
    • Gas Scavenger
    • Corrosion Control Packaging
    • Moisture Control Packaging
  • Intelligent Packaging
    • Time temperature Indicator
    • Gas Indicator
    • Thermochromic Ink
    • RFID & Barcode
    • NFC

Global Smart Packaging Application Outlook (Revenue, USD Million, 2013 – 2024)

  • Food & Beverage
  • Healthcare
  • Personal Care
  • Automotive
  • Others

Global Fire Resistant Glass Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 – 2024)

  • North America
    • U.S
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-smart-packaging-market                                                          

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Atrial Fibrillation Market Is Projected To Reach $13.2% from 2014 to 2020: Grand View Research, Inc.

The global atrial fibrillation market is expected to reach USD 16.17 billion by 2020. Rising occurrence of strokes, brain damage and atrial fibrillation owing to blood clots along with an increasing geriatric population is expected to drive industry growth. Technological advancements in the field of microwave catheter ablation and radiofrequency along with rising occurrence of diseases caused by lifestyle habits such as drinking and smoking are further expected to fuel growth. Moreover, increasing demand for smaller cardiac incisions, minimally invasive procedures and small recovery time post-surgery are projected to bolster growth. Also, global aging population combined with the changes in lifestyle increasing the risks of obesity and high blood pressure is likely to drive demand.

Pharmacological products accounted for over 50% market share in 2013. Low prices of these products along with increasing use of anti-coagulants as an add-on therapy to non-pharmacological procedures are expected to drive demand.

Browse full research report on Atrial Fibrillation Market: https://www.grandviewresearch.com/industry-analysis/atrial-fibrillation-treatment-industry

North America accounted for over 40% of global revenue in 2013. High penetration of non-pharmacological procedure and sophisticated reimbursement frameworks has resulted in its substantial demand over the past few years. High patient awareness and healthcare expenditure levels also contributed significantly towards region growth.

Asia-Pacific is expected to witness substantial growth during the forecast period, growing at a CAGR of over 13% from 2015 to 2022. Rising demand for non-pharmacological treatments due to improvement in healthcare infrastructure, high disposable incomes, and growing patient awareness are a few factors accounting for its rapid growth.

Radiofrequency catheter ablation procedure segment is expected to be the fastest growing segment with a CAGR of over 12% over the forecast period. Technological advancements related to maneuverability which helps in making tight bends inside the heart, the optimal size of the lesion produced and lower time required to recover from of catheter ablation is expected to drive demand over the next seven years.

Maze surgery occupied the second largest share of non-pharmacological treatment market. It removes the need for life-long anti-coagulants based treatment while reducing the occurrence of strokes. Anti-coagulants held the dominant market share in pharmacological treatment market as it reduced the incidence of blood clots and strokes which in turn is likely to propel demand over the projected period.

Key industry players include Boston Scientific Corporation, St. Jude Medical Inc., Johnson & Johnson Ltd., Sanofi-Aventis, CardioFocus Inc., Boehringer Ingelheim GmbH, Bristol-Myers Squibb Corporation, Biosense Webster Inc., AtriCure Inc. and Endoscopic Technologies Inc. St. Jude Medical Inc. developed an Endosense’sTactiCath. The technology provides live feedback related to pressure applied during microwave catheter ablations and radiofrequency

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/healthcare

Grand View Research has segmented the global atrial fibrillation market on the basis of fields of procedures and region:

Atrial Fibrillation Procedures Outlook

  • Pharmacological Products
  • Anti-arrhythmic Drugs
  • Anti-coagulant Drugs
  • Non-Pharmacological Treatment
  • Catheter Ablation Procedures
  • Radiofrequency
  • HIFU
  • Cryoablation
  • Microwave
  • Laser
  • Maze Surgery
  • Electric Cardioversion

Atrial Fibrillation Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • RoW

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-atrial-fibrillation-market

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Methionine Market Is Predicted To Grow Swiftly Due To The Increasing Meat Consumption Till 2022: Grand View Research, Inc.

The global methionine market is expected to reach USD 7.26 billion by 2022, according to a new report by Grand View Research, Inc. Increasing feed additives demand for maintaining adequate metabolism rate in livestock is expected to drive methionine market growth over the next seven years. Increasing meat consumption in Asia Pacific and Latin America is also expected to have a positive influence on the market growth. Recent animal disease outbreaks across various regions have also prompted the need to include methionine in animal feed.

Plants were major source of manufacturing methionine and accounted for over 85% of total market volume in 2014. Stringent government norms to ban fish silage and bone meal were primary factors for increasing penetration of plant based methionine in the global market. Plant based methionine is also expected to witness significant growth of 6.8% from 2015 to 2022.

U.S. methionine market volume by raw material, 2012-2022, (Kilo Tons)

methionine-market.png

Browse full research report on Methionine Market: https://www.grandviewresearch.com/industry-analysis/methionine-market                                   

Further key findings from the report suggest:

  • Global methionine market demand was 1,044.7 kilo tons in 2014 and is expected to grow at a CAGR of 6.5% from 2015 to 2022.
  • Animal feed emerged as the most dominant application segment and accounted for over 90% of total market volume in 2014. Poultry was the leading livestock consumer with demand share estimated at 74.8% of overall methionine in animal feed in 2014. Growing consumer awareness coupled with animal disease outbreak has prompted methionine demand in animal feed. Food & dietary supplements application segment is anticipated to grow at an estimated CAGR of 4.8% from 2015 to 2022.
  • Asia Pacific was the leading regional market with demand share exceeding 30% in 2014. Changing lifestyle coupled with population expansion in countries such as China and India has increased meat consumption in the region which further has helped in shaping up the methionine market. North American methionine market is expected to grow at an estimated CAGR of 5.8% from 2015 to 2022.
  • The market is highly concentrated and characterized by few dominant market participants accounting for a major share. Key companies operating in the global market includes Evonik Industries AG, Adisseo France SAS, Sumitomo Chemical Company and Novus International Inc.
  • Other prominent players operating in the market include Tokyo Chemical Industry Co. Ltd., Ajinomoto Inc., Iris Biotech GmbH, Sunrise Nutrachem Group, Kyowa Hakko Bio. Co. Ltd., Royal DSM, Tocris Bioscience Ltd., AnaSpec Inc., Ajinomoto Inc., Prinova U.S. LLC, Beijing FortuneStar S&T Development Co., Ltd, CJ Cheil Jedang Corp., and Jinzhou Jirong Amino Acid Co., Ltd, .

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/animal-feed-and-feed-additives                                  

Grand View Research has segmented the global urinalysis market on the basis of product, application, end-use, and region:

Global Urinalysis Product Outlook (Revenue, USD Million, 2015 – 2022)

  • Instruments
    • Biochemical urine analyzers
      • Automated biochemical analyzers
      • Semi-automated biochemical analyzers
    • Automated urine sediment analyzers
      • Microscopic urine analyzers
      • Flow-cytometric urine analyzers
  • Consumables
    • Dipsticks
    • Reagents
    • Disposables

Global Urinalysis Application Outlook (Revenue, USD Million, 2015 – 2022)

  • UTIs
  • Diabetes
  • Kidney Disease
  • Hypertension
  • Liver disease
  • Others

Global Urinalysis End-use Outlook (Revenue, USD Million, 2015 – 2022)

  • Hospitals
  • Clinical Laboratories
  • Home healthcare
  • Research and academics
  • Others

Urinalysis Regional Outlook (Revenue, USD Million, 2015 – 2022)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
  • MEA
    • South Africa

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-methionine-market                                                         

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Urinalysis Market To Gain Demand Quickly Due To Increasing Prevalence Of Target Diseases Till 2022: Grand View Research, Inc.

Global urinalysis market is expected to reach over USD 2.14 billion by 2022, according to a new report by Grand View Research, Inc.

Automation is a key technological advancement affecting the efficiency and accuracy delivered by the new generation urinalysis devices and hence, the persistent demand for novel urinalysis instruments and consumables. For instance, the automatic bench-top and portable biochemical urine analyzers, automated urine sediment analyzers (Aution Hybrid AU-4050 from Arkray),and automated microscopic urine analyzers (Sysmex UF-1000i) are the next generation, advanced instruments is anticipated to foster the urinalysis market growth.

The introduction of CLIA-waived urine reagent strips such as CLIA-URS-10, CLIA-URS-10-3PROMO, and CLIA-URS-10-10 provide for an effective screening tool for rapid testing in urine analysis which are estimated to enhance the usage rates of urinalysis reagents thus accentuating the market growth over the forecast period.

The target population base for urinalysis market is increasing owing to, factors such as the rising prevalence of target diseases, misdiagnosis, and low awareness levels pertaining to urine analysis in low-income countries. High incidences of obesity coupled with hypertension, diabetes, and other chronic disorders foster the growth of the urinalysis market.

U.S. urinalysis market, by application, 2012 – 2022 (USD Million)

urinalysis-market.png

Browse full research report on Urinalysis Market: https://www.grandviewresearch.com/industry-analysis/urinalysis-market                                  

Further key findings from the report suggest:

  • Urinary Tract Infections (UTIs)dominated the application segment in 2014. The foremost factor responsible for its high share is the rising prevalence of UTIs, especially in females. However, diabetes is estimated to be the fastest growing application segment with a CAGR of over 10% during the forecast period owing to a surge in the demand for automated and user-friendly urinalysis products for long-term diabetes management.
  • Consumables held the largest share with revenue generation of over USD 1 million in 2014. The increasing usage of test strips and reagents for urinalysisis one of the major factors that are attributed to its large market share. However, the instrument segment is expected to witness the fastest growth with a CAGR of over 7%. Automation of instruments with improved efficiency and reliability is expected to govern this segment’s growth.
  • The home healthcare segment, on the other hand, is anticipated to grow at a substantial rate over 7.5%. The availability of technologically enabled point-of-care urinalysis systems, such as CLINITEK Status, is a key factor expected to reinforce the market growth.
  • North America dominated the overall urinalysis market with a revenue generation of over USD 540 million in 2014. The introduction of advanced urine analyzers by key market players in the U.S., favorable government initiatives ensuring the betterment of healthcare testing, and the high amount of healthcare spending in this region are the key factors attributing to the largest market share of this region.
  • Key players of this market include Roche Diagnostics, Alere, Inc., Siemens Healthcare, Bio-Rad, ARKRAY, Inc., Mindray, and Sysmex.
  • Market participants are constantly engaged in the introduction of novel diagnostic products in an attempt to ensure their sustainability and increase the penetration of their product portfolio. For instance, in June 2014, Roche launched a fully automated urine testing analyzer named Cobas 6500 with an objective to enhance staff safety and increase the result reliability.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/clinical-diagnostics                                 

Grand View Research has segmented the global urinalysis market on the basis of product, application, end-use, and region:

Global Urinalysis Product Outlook (Revenue, USD Million, 2015 – 2022)

  • Instruments
    • Biochemical urine analyzers
      • Automated biochemical analyzers
      • Semi-automated biochemical analyzers
    • Automated urine sediment analyzers
      • Microscopic urine analyzers
      • Flow-cytometric urine analyzers
  • Consumables
    • Dipsticks
    • Reagents
    • Disposables

Global Urinalysis Application Outlook (Revenue, USD Million, 2015 – 2022)

  • UTIs
  • Diabetes
  • Kidney Disease
  • Hypertension
  • Liver disease
  • Others

Global Urinalysis End-use Outlook (Revenue, USD Million, 2015 – 2022)

  • Hospitals
  • Clinical Laboratories
  • Home healthcare
  • Research and academics
  • Others

Urinalysis Regional Outlook (Revenue, USD Million, 2015 – 2022)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
  • MEA
    • South Africa

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-urinalysis-market                                                        

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

Industrial Vending Machines Market Is Projected To Grow Rapidly Due To The Rising Inclination Of Consumers Toward Cashless Payments Till 2025: Grand View Research, Inc.

 

The global intelligent vending machines market is expected to reach USD 11.84 billion by 2025, according to a new study by Grand View Research, Inc. The surge in the penetration of self-services technology across North America and Europe is anticipated to drive the industry growth over the next nine years. Intelligent vending machines incorporate energy efficient electronic equipment including efficient lighting components, such as LEDs, compressors, and sensors, that help in conserving energy.

Industry players are progressively participating and promoting initiatives, such as Refrigerants and Naturally!, that help in eliminating and minimizing the release of hydrofluorocarbons (HFC) from vending machines. This is subsequently impelling the demand for HFC-free products such as intelligent vending systems.

The incorporation of ground-breaking features, such as voice and face recognition that enables interaction between the machine and the consumer, is energizing the industry growth prospects. These features add intelligence to the systems by detecting and responding to consumers and offer a dynamic visual experience with interactive promotions.

The increasing consumer preference toward cashless payments is a favorable trend observed in the market. The acceptance of payments through technologies, such as Near-field Communication (NFC), is instrumental in driving public interest owing to the easier, faster, and contactless modes of payment. These modes help in decreasing the cash management costs and subsequently decrease threats such as theft and vandalism.

Intelligent dispensing systems help in gaining insights regarding consumer behavior, preferences, and buying patterns. Interactive displays help vendors to generate more revenue through the display of advertisements and loyalty programs.

U.S. intelligent vending machines market, by type, 2014–2025 (USD Million)

us-intelligent-vending-machines-market.png

Browse full research report on Industrial Vending Machines Market: https://www.grandviewresearch.com/industry-analysis/intelligent-vending-machines-industry

Further key findings from the report suggest:

  • The hot drinks type segment dominated the industry, accounting for more than 62% of the overall volume due to the surging demand for refreshment drinks
  • Office vending systems are expected to gain momentum as they facilitate employees to grab a quick snack in between breaks without the need of placing an order and waiting for it to be processed
  • The Asia Pacific region is predicted to emerge as the fastest growing market due to the increased demand in public transport applications in emerging countries, such as India and China
  • Prominent vendors operating in the market include Crane Co., Advantech Co. Ltd., Bianchi Vending Group S.p.A, Azkoyen Group, and Rhea Vendors Group
  • Increased focus on research and development activities and adoption of inorganic growth strategies are being observed in the industry

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global intelligent vending machines market on the basis of type, application, and region:

Type Outlook (Revenue, USD Million; Volume, Thousand Units; 2014–2025)

  • Hot drinks
  • Snacks
  • Packaged drinks
  • Others

Application Outlook (Revenue, USD Million; Volume, Thousand Units; 2014–2025)

  • QSR, shopping malls, and retail stores
  • Offices
  • Public transport
  • Others

Regional Outlook (Revenue, USD Million; Volume, Thousand Units; 2014–2025)

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • Japan
  • India
  • Latin America
  • Brazil
  • Mexico
  • Middle East & Africa

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-intelligent-vending-machines-market

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

 

Personal Mobility Devices Market To Experience Lucrative Growth Due To Availability Of Technologically Advanced, Compact And Portable Mobility Aids Till 2020: Grand View Research, Inc.

 

Global personal mobility devices market is expected to reach USD 8.0 billion by 2020, according to a new study by Grand View Research, Inc. Increasing geriatric population base and prevalence of target diseases are some key factors expected to drive market growth during the forecast period. Aging heightens the susceptibility of a person towards developing target diseases such as osteoporosis and rheumatoid arthritis. Therefore, a growing geriatric population base is expected to widen the patient base for manufacturers. Additionally, presence of supportive government initiatives aimed at strengthening reimbursement frameworks and growing R&D investments for new product development is expected to propel market growth over the next six years.

Global personal mobility devices market, by product, 2012 – 2020 (USD Million)

3d-bioprinting-market

Browse full research report on Personal Mobility Devices Market: https://www.grandviewresearch.com/industry-analysis/personal-mobility-devices-market                                

Further key findings from the report suggest:

  • Wheelchairs were the largest selling product segment in 2013. Growing demand for powered wheelchairs especially in the developed countries is expected to drive segment growth during the forecast period.
  • Premium rollators are identified as the most lucrative segment of this market. Manufacturers of these rollators capitalize on the unmet needs of patients. Features such as enhanced height, ability to handle heavy weight patients, handle adjustment mechanism are expected to enhance penetration rates. The introduction of specialized devices such as rollators with laser attachment for patients suffering from Parkinson’s is also expected to drive segment growth during the forecast period. These devices are expected to witness a rapid rise in demand in developed markets with patients holding high disposable income and awareness levels.
  • North America was the most matured regional personal mobility devices market in 2013. The region was the largest revenue generating market, accounting for over 35.0% of revenue in the year. Presence of supportive government policies, sophisticated healthcare infrastructure and growing geriatric population base are some factors attributing to its large share.
  • Asia Pacific is expected to grow at a lucrative growth rate during the forecast period. This region, owing to a growing geriatric population base, increasing disposable income and awareness levels is expected to witness a rapid gain in demand over the next six years.
  • Some key players of the personal mobility devices market include Drive Medical Design & Manufacturing, Electric Mobility, Sunrise Medical, Pride mobility, Briggs Healthcare, Kaye Products, Nova, Patterson Medical, Eurovema AB, Graham-Field Health Products Incorporation, Invacare and TOPRO
  • Developing technologically advanced personal mobility devices via extensive R&D investments and entering into strategic alliances with buyers are some key sustainability strategies adopted by these market players.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices                               

Grand View Research has segmented the global personal mobility devices market on the basis of product and region:

Global  Personal Mobility Devices Product Outlook (Revenue, USD Million, 2012 – 2020)

  • Wheelchairs
    • Manual
    • Power
  • Scooters
  • Mobility aids
    • Rollators
      • Low cost
      • Premium
    • Other Walking aids (canes, crutches, walkers)

Personal Mobility Devices Regional Outlook (Revenue, USD Billion, 2012 – 2020)

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Austria
    • Switzerland
  • Asia Pacific
    • Japan
  • RoW

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-personal-mobility-devices-market                                                      

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com

 

3D Bioprinting Market Is Projected To Grow Rapidly Due To Enhanced Demand In Medical Applications Till 2022: Grand View Research, Inc.

Global 3D bioprinting market is expected to reach USD 1.82 billion by 2022, according to a new report by Grand View Research Inc. Rising prevalence of chronic diseases such as Chronic Kidney Disease (CKD) which demands kidney transplantation is expected to boost the market growth, as 3D bioprinting is convenient and cost effective substitute for organ transplantation.

Emerging medical applications of 3D bioprinting such as toxicity testing, drug discovery, tissue engineering and consumer product testing are expected to further drive the market growth positively. Increasing R&D expenditure is anticipated to be high impact rendering driver for the industry. 3D bioprinting advances in tissue engineering and allows developments to be done using biomaterials which have better biocompatibility. Moreover, rising geriatric population is expected to assist the market growth, as this demographic is highly susceptible to age related organ deformities.

North America 3D bioprinting market share, by technology, 2012-2022 (USD Million)

3d-bioprinting-market.png

Browse full research report on 3D Bioprinting Market: https://www.grandviewresearch.com/industry-analysis/3d-bioprinting-market                               

Further key findings from the report suggest:

  • Syringe based printers dominated the technology segment as these printers allow working in sterile environment. Moreover, syringe based printers have wide applications which include fabrication of scaffolds, cell strips printing, and tissue printing.
  • Magnetic levitation based printers are expected to witness lucrative growth over the forecast period. This can be attributed to emerging medical applications such as screening of cardiovascular toxicity, human cell modeling and smooth muscle printing.
  • The medical applications segment is expected to gain substantial share of over 32.0% by 2022 which can be attributed to emerging applications of 3D bioprinting such as toxicity screening, organ transplants and medical pills.
  • Dental application segment is expected to witness lucrative growth over the forecast period. Rising demand for cosmetic dentistry along with growing awareness about oral hygiene are expected to foster the demand for dental applications.
  • North America dominated the regional 3D bioprinting market with over 35.0% share and is expected to grow at a CAGR of 10.0%. Supportive government initiatives to improve healthcare infrastructure coupled with growing disposable income are vital driving factor for this region’s growth.
  • Asia Pacific is expected to witness lucrative growth over the forecast period. Favorable government support to improve healthcare delivery with economic developments in emerging countries such as India and China are expected to increase the demand for 3D bioprinting.
  • Key players operating in the 3D bioprinting industry include Organovo Holding Inc., Cyfuse Biomedical, BioBots, Luxexcel Group BV, TeVido BioDevices, Aspect Biosystems, 3Dynamics Systems, Stratasys Ltd., Voxeljet, Oceanz, Materialise NV, Envision TEC, Bio3D Technologies, Solidscape and others.
  • These players are involved in various strategic initiatives such as new product launches, strategic alliances and mergers and acquisitions to gain the edge over the competitors. For instance, In June 2015, Orgonovo collaborated with L’Oreal to develop skin tissue using NovoGen Bioprinting platform.

Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices                               

Grand View Research has segmented the global 3D bioprinting market on the basis of products and region:

 3D Bioprinting Market Technology Outlook (USD million), 2012 – 2022

  • Magnetic levitation
  • Inkjet based
  • Syringe based
  • Laser based
  • Other

3D Bioprinting Market Application Outlook (USD million), 2012 – 2022

  • Medical
    • Tissue and organ generation
    • Medical pills
    • Prosthetics and implants
  • Dental
  • Biosensors
  • Consumer/Personal products testing
  • Bioinks
  • Food and animal product bioprinting

3D Bioprinting Market Regional Outlook (USD million), 2012 – 2022

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
  • MEA
    • South Africa.

 

Access Press Release By Grand View Research: https://www.grandviewresearch.com/press-release/global-3d-bioprinting-market                                                     

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: http://www.grandviewresearch.com