Orthopedic Orthotic Devices Market is Expected to Reach US$ 5,695.8 Mn by 2025: Credence Research

The latest market report published by Credence Research, Inc. “Orthopedic Orthotic Devices Market – Growth, Future Prospects, Competitive Analysis, 2017 – 2025,” the global orthopedic orthotic devices market was valued at US$ 3,884.7 Mn in 2016, and is expected to reach US$ 5,695.8 Mn by 2025 expanding at a CAGR of 4.24 % from 2017 to 2025.

Browse the full report Orthopedic Orthotic Devices Market – Growth, Future Prospects, Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/orthopedic-orthotic-devices-market 

Market Insights:

According to the findings of United Nations Department of Economic and Social Affairs the number of geriatric population is set to reach 2 billion by 2050 from 841 million in 2013, which will account for 20 % of the world population. As per the research findings of World Health Organization osteoporosis causes 8.9 million fractures annually resulting in 1 osteoporotic fracture every 3 seconds. Genetic factors, sedentary lifestyle and binge drinking increases the risk of fractures due to osteoporosis. There are many types of painful sensory symptoms that can disrupt the orthotic treatment in patients, the painful sensations experienced are allodynia, hyperalgesia, dysesthesia, paresthesia etc. Cuurently the manufactures involved in the production of orthopedic orthotic devices are focusing to provide customer satisfaction by addressing complex situations such as; enhanced sensitivity to touch, pressure and movement. Tremendous loading of tendons and ligaments and joints, unresolved pressures and volume changes. Additionally the joints needing total alignment and variable tone which is secondary to upper motor neuron disruptions, postures and stress are also being resolved for optimizing patient care.

Click Here To Browse Report on Orthopedic Orthotic Devices Market: http://www.credenceresearch.com/report/orthopedic-orthotic-devices-market

Lower extremity braces and support finds utmost prominence as a result of rising prevalence of grade 2 and 3 knee osteoarthritis in geriatric population and increasing number of knee, ankle and foot injuries in athletes playing football, baseball, basketball and field and track athletics events. Upper extremity braces and support has been noticed to record rapid growth due to increasing number of traumatic injuries in the upper extremities such as spine and neck due to car accidents, fall and injuries at workplace and rising prevalence of shoulder and elbow injuries in athletes playing, cricket, wrestling and boxing.

North America is the market leader in the geography segment and the features that contribute towards the growth are rising prevalence of elderly population suffering with osteoporosis and osteoarthritis, rampant growth of orthopedic clinics and establishment of companies engaged in the manufacture and sale of orthopedic orthotic devices. Asia Pacific finds prominence in the regional market due to rising prevalence of traumatic injuries due to sports, accidents, violence etc., e-tailers promoting the business of orthotic devices and steady rise in per capita income.

The orthopedic orthotic devices market is technologically driven and includes major players such as DJO Global, Ossur, Ottobock, ALCARE Co., Ltd., Ascent Meditech Limited, Bauerfeind AG, Breg, Inc., BSN Medical, DeRoyal Industries, Inc., and Truelife.

Key Market Movements:

  • Rising prevalence of chronic diseases such as osteoarthritis, osteoporosis, rheumatoid arthritis etc.
  • Technological advancement in the manufacturing of orthopedic orthotic devices will influence the market growth
  • Increasing number of orthopedic specialty clinics and rising demand for minimal invasive surgical procedure

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Ophthalmology Devices Market To Reach Worth US$ 56 Bn By 2025: Credence Research

According to the latest report published by Credence Research, Inc. “Ophthalmology Devices Market – Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global ophthalmology devices market was valued at US$ 31,390 Mn in 2016, and is expected to reach US$ 55,822 Mn by 2025, expanding at a CAGR of 6.4% from 2017 to 2025.

Browse the full report Ophthalmology Devices Market – Growth, Future Prospects and Competitive Analysis, 2017–2025 at http://www.credenceresearch.com/report/ophthalmology-devices-market

Market Insights

In the recent years, swift evolution has been witnessed in the nature of both diagnostic and therapeutic ophthalmology devices. As technology is further evolving, quick and more efficient diagnosis and treatment of ophthalmic conditions has become possible. Growing prevalence of diabetes and rising geriatric population pool majorly determine the trends in the global ophthalmology devices market. Continuous rise in senescent population has resulted in increase in the number of individuals bearing high risk of contracting eye diseases and thus demand timely diagnosis and monitoring.

Evolved diagnostic and visualization techniques and growing awareness about availability of advanced ophthalmic care is further propelling the demand for ophthalmology devices. This market is characterized by wide presence of novel ophthalmology products that are being increasingly adopted by ophthalmologists. Quick recovery period and better efficacy of surgical procedures are adding to the growth in demand for novel ophthalmology devices in the global markets. On the other hand, challenged reimbursement system may restrain the growth of ophthalmology device market.

Click Here To Browse Report on Ophthalmology Devices Market: http://www.credenceresearch.com/report/ophthalmology-devices-market

Among the considered device types, vision care products, namely spectacles and contact lenses occupy the largest revenue share of the global ophthalmology devices market. Technological advancement, and largest traded volume chiefly contribute to the dominance of this segment. Geographically, North America has been observed to be the largest regional market for ophthalmology devices. High awareness about technological advancements, evolved reimbursement system, easy product availability and domicile of several market incumbents in the region make North America the most dominant regional market for ophthalmology devices.

On the other hand, Asia Pacific is estimated to be the fastest growing market for ophthalmology devices. Emerging nature of the region, rising investment in healthcare infrastructure, and increasing healthcare expenditure have attracted the attention of several market players towards Asia Pacific market.

The global ophthalmology devices market is highly fragmented and is characterized by presence of a multitude of large and small players. The vision care segment and products that demand less technological intricacy are particularly dominated by local and region level players. Major players in the global ophthalmology devices market are Bausch & Lomb, Essilor Intenational, Alcon, Inc., Carl Zeiss Meditec, Johnson & Johnson, Nidek Co. Ltd., CooperVision and several others.

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Ammunition Market To Expand With A CAGR Of 4.2% From 2017-2025: Credence Research

According to a new market research report published by Credence Research, “Ammunition Market (by Caliber (Small, Medium, Large, Artillery, Mortar), By End-use (Defense, Public Safety, Others)) – Growth, Future Prospects and Competitive Landscape, 2017-2025”, Ammunition market is estimated to grow at a CAGR 4.2% from 2017 to 2025.

The complete report is available at http://www.credenceresearch.com/report/ammunition-market

Market Insights

Countries across the globe are facing significant concerns related to terrorism, civil wars and armed conflicts between law enforcement agencies and anti-national groups. Numerous governments are striving extensively to tackle such situation peacefully. However, in certain situations, harsh steps are needed to be taken such as use of fire arms in favor of national security. Current scenario has created a continuous demand for ammunition to tackle the aforementioned situation in most of the countries. In the age of arms race, every country allot a considerable budget for arms and ammunition for their country’s security. This has elevated the ammunition market and is expected to grow further in the following years.

Ammunition market has witnessed a consistent growth from past many years. Issues such as constant conflicts between countries and rising terrorist activities across the globe have forced countries to spend considerable amount of fortune for ammunition for their arm forces. In addition, rising crime rate is also one of the major reason for the governments to procure ammunition for their law enforcement agencies. Public safety services and law enforcement agencies frequently encounter hostile situation where they are forced to use fire arms. This is one of the prime reason for uplifting the ammunition market. Ammunition are also used for activities such as sports and hunting. Many countries promote season hunting and encourage sports related to fire arms such as clay shooting. Consequently, the demand for ammunition is expected to show consistent growth throughout the forecast period.

Click Here To Brows Report on Ammunition Markethttp://www.credenceresearch.com/report/ammunition-market

Ammunition market is segmented based on the caliber, end-use, and geography. On the basis of caliber, ammunition are classifies as small, medium, large, artillery and mortar. Majority of the market is shared by small and medium caliber ammunition. According to the end-use ammunition market is segmented into defense, public safety and others. Public safety contribute the largest share in the end-use segment in terms of revenue.

Globally, Asia Pacific leads the overall Ammunition market. Perpetually rising terrorist activities and territorial conflicts between nations of Asia Pacific resulted in increase of demand of ammunition for strengthening the defense capabilities of the country. North America trails Asia Pacific in ammunition market in terms of revenue. U.S. is one of the major ammunition supplier country across the world. Frequent activites related to war has build up a strong position for ammunition market in North America.

Competitive Insights:

The global ammunition market is consolidated in nature with limited ammunition manufacturers contributing in overall share of market. Major ammunition manufacturers include General Dynamics Corporation, Magtech Ammunition Company, Inc., Remington Arms Company, Inc., Denel PMP, Ruag Ammotec, Maxam, Global Ordnance, Federal Premium Ammunition, Hornady Manufacturing, BAE Systems, Poongsan Corporation and Nexter Munitions. Different strategies have been undertaken by the companies in order to establish dominance in the ammunition market. Strategies such as strategic mergers and acquisition are frequently witnessed between ammunition manufacturers.

Key Trends:

– Continuous efforts are been taken by the manufacturers to win contracts from the government agencies across the globe

– Strategic merger and acquisitions among the major ammunition manufacturers

– New age arms and ammunition are being developed at a fast pace

– Increasing promotion of the sports related to firearms

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Pay Television Market with Market Size, Share and Forecast 2017-2025: Credence Research

According to a new market research report published by Credence Research “Pay Television (TV) Market (Type – Cable Television, Satellite Television and Internet Protocol Television (IPTV)) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the number of global pay TV subscribers is set to cross the 1,100 Mn mark 2025.

Browse the full report at http://www.credenceresearch.com/report/pay-tv-market

Market Insights

The most prominent factor fueling the overall pay TV market is the ongoing digital television transition across different countries worldwide. Due to immense advantages of satellite TV over cable TV, many countries are now escalating analog switch-off process. This has been the most important factor driving the pay TV market across the world. Apart from digital television transition, rising technological advancement across the television as well as broadcasting sector is another major factor driving the pay TV industry growth. With the advent of high definition (HD) and ultra HD (UHD) technologies, several consumers are now shifting towards new subscriptions providing high-end TV service. As a result, the demand for satellite TV is estimated to remain strong throughout the forecast period.

In several countries across Asia Pacific, Africa and Latin America, digital television transition is yet to be fully accomplished. As a part of switchover, consumers here prefer installing satellite TV instead of local cable TV service providers. Subsequently, satellite TV is estimated to remain the most lucrative segment across these countries. In addition, with the rapidly rising internet services penetration across the world, the IPTV segment too is set to witness high growth in the following years. Currently, the IPTV segment is predominantly governed by North America and Western Europe, having huge internet service adoption. Nevertheless, major challenge for the pay TV vendors is competing with the increasing adoption of over-the-top (OTT) content across different regions. Another major challenge faced by the market players is the consistent threat of piracy.

Click Here To Brows Report on Pay Television Market: http://www.credenceresearch.com/report/pay-tv-market

The overall pay TV is a dynamic industry having varying trends across different regions. Especially in regions such as Asia Pacific, global pay TV vendors face significant challenge owing to the country-wise changing taste. The overall pay TV market thus becomes highly competitive as the regional players grab significant amount of the overall market revenue. One of the major strategies adopted by the global players is merger/acquisition with the regional players. Partnering with the regional players helps foreign players provide better service to the consumers based on regional taste and trends.

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Balloon Catheters Market is expanding at a CAGR of 6.78 % from 2017 to 2025 – Credence Research

The latest market report published by Credence Research, Inc. “Balloon Catheters Market – Growth, Future Prospects, Competitive Analysis, 2017 – 2025,” the global balloon catheters market was valued at US$ 2,989.0 Mn in 2016, and is expected to reach US$ 5,457.2 Mn by 2025 expanding at a CAGR of 6.78 % from 2017 to 2025.

Browse the full report Balloon catheters Market – Growth, Future Prospects, Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/balloon-catheters-market

Market Insights:

The balloon ends of the balloon catheters is very important aspect as it might cause trauma to the vascular endothelial tissues during inflation and hence rounded balloons are preferred more in comparison to other shapes. Two types of balloons are used for surgical procedures, first is the high pressure non elastic balloons and the second is low pressure elastic balloons. These balloons are categorized as non-compliant, semi compliant and high compliant on the basis of the change of balloon diameter as a function of pressure. Type of balloon coatings are anti-thrombogenic coatings, abrasion resistant coatings, and lubricious coatings.

In the products segment drug eluting balloon catheters are preferred as it restores normal blood flow and causes less vessel fracture in comparison to other catheters and vascular implants. Stent graft balloon catheters are useful for surgical procedures of thoracic aorta.

Click Here To Brows Report on Balloon Catheters Market: http://www.credenceresearch.com/report/balloon-catheters-market

Polyurethane is considered as the most desirable material for the manufacturing of balloon catheters due to the features it possess such as tensile strength, biocompatibility, and hemocompatibility. Other materials will seek excellent market growth as it consists of diverse materials such as polyethylene, terephthalate, and silicone which have good pressure ratings, coefficient of friction and radial force which minimizes vessel injury during insertion.

Increasing preference for angioplasty and affordable reimbursement scenario are responsible for North America to hold the largest market share in balloon catheters market. Baby boomer population suffering with heart disease and intense market competition due to existing and emerging manufacturers of balloon catheters will contribute to the growth of Asia Pacific during the forecast duration of 2015-2025.

The premier players featuring in the balloon catheters market are MicroPort Scientific Corporation JOTEC GmbH, B. Braun Melsungen AG, Cardionovum GmbH, Biosensors International Ltd., Biotronik, Inc., Abbott Laboratories, Inc., Cook Medical Inc., Cordis Corporation, Medtronic Plc, Terumo Corporation and Boston Scientific Corporation.

Key Market Movements:

  • Increasing preference for minimally invasive surgical procedure
  • Regulatory agencies are granting approval to balloon catheters without requirement of  pre-market sale approval
  • Supportive healthcare insurance policies for balloon catheters in developed countries

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared for this task.

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Whey Protein Ingredients Market Record overwhelming hike in Revenues by 2025: Credence Research

The latest market report published by Credence Research, Inc. “Whey Protein Ingredients Market, By Type (Whey Protein Concentrates 80, When Protein Concentrates 35, Whey Protein Isolates, Whey Protein Hydrosylates and Demineralized Whey Protein), Application (Bakery & Confectionary, Sports Nutrition, Frozen Food, Beverages, Pharmaceuticals, Dairy Products and Others) and Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global whey protein ingredients market is expected to grow at a CAGR of 8.7% over the forecast period from 2017 to 2025

Browse the full Whey Protein Ingredients Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/whey-protein-ingredients-market

Market Insights

The global market for whey protein ingredients is witnessing rapid growth owing to increase in demand for whey protein hydrosylates as nutritional additive especially among sports, medical and infant formulas products in Europe and North America. Moreover, rise in per capita disposable incomes and change in lifestyles in emerging economies such as India, China, Korea and Indonesia has resulted in a surging demand for whey protein ingredients which is in turn is leading to an unparalleled increase in the growth of global whey protein ingredients market. Furthermore, surge in demand for whey protein ingredients in animal feed and meat products owing to its excellent water binding ability further drives the market growth. Bakery & confectionery and sports nutrition segments offer the extreme potential in the global whey protein ingredients market due to favorable macroeconomic factors such as increasing consumer spending and rapid urbanization. Rise in demand for animal protein based supplements such as milk protein shakes and whey protein based sports drinks among athletes are bringing impetus in the overall demand. Furthermore, increasing utilization of whey protein ingredients in the preparation of bakery & confectionery products including cakes, biscuits, muffins   and candies is a major element accelerating the demand for whey protein ingredients worldwide.

Increasing competition from plant based protein coupled with lack of awareness especially among the lower middle class population group are some of the major factors hindering the market growth. Although, increasing investments on research & development activities for the production of relatively cheaper products is expected to pose vivid opportunities in the coming years.

To Know More about Assumptions Considered for the Study Read Full Description: http://www.credenceresearch.com/report/whey-protein-ingredients-market

Competitive Insights

Currently, the global whey protein ingredients market is witnessing steady growth. The major market giants are focusing to achieve full commercialization. The market is monopolistic in nature and is characterized by the presence of a few key players. Some of the major players operating in the global whey protein ingredients market include Cargill Incorporated, Arla Foods, Fonterra Co-Operative Group Ltd, Hilmar Cheese Company, Glanbia Plc, Carberry Food Ingredients, Maple Island Incorporated, Davisco Food International,  Milk Specialties Global and Dairy Farmers of America among others.

Key Trends

  • Increasing investments on research & development activities undertaken by manufacturers
  • Changing consumer lifestyles along with increasing number of fitness centers
  • Increasing consumer spending and disposable incomes especially in developing countries of Asia-Pacific region

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared for this task.

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Teleradiology Market to Register Substantial Expansion and Growth by 2023- Credence Research

The latest market report published by Credence Research, Inc. “Global Teleradiology Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023,” the Global Teleradiology market was valued at USD 3,200.6 Mn in 2015, and is expected to reach USD 10,841.0 Mn by 2023, expanding at a CAGR of 16.5% from 2016 to 2023.

Browse the full report Global Teleradiology Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at http://www.credenceresearch.com/report/teleradiology-market

Market Insights

Teleradiology is defined as the electronic transmission of radiologic images for the purpose of consultation and interpretation. Thus, teleradiology allows prompt and timely interpretation of imaging reports and offers greater access to multiple consultations. Techniques such as X-ray, CT, MRI, nuclear imaging and ultrasound are used to obtain the images. Wide application of X-ray across areas such as fracture detection, tumor detection, dental injuries and periodic disease monitoring drive the demand for X-ray imaging. Growing preference for bedside imaging and core diagnostics further allow for the growth of this segment. With the help of teleradiology, remote diagnosis and monitoring is possible and also offer cost containment in treatment. Surge in prevalence of the chronic condition, has in turn increased the demand of imaging diagnosis and monitoring devices. Advances technology such as radiology information systems (RIS) and picture archiving and communication system (PACS) has led expansion of teleradiology market. Radiology information systems are software solutions that facilitate storage and management of radiology and imaging data such as patient scheduling, payments and report exchange among patients and physicians, hospitals and healthcare facilities. Adoption of radiology information systems in safeguard data security, administration integrity, efficient data processing with multi-site information access. Efficient incorporation and implementation of radiology information systems allow for systematic cost and operation control in long-term use.

Browse the full report Global Teleradiology Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at http://www.credenceresearch.com/report/teleradiology-market

The global teleradiology market is segmented by modality type as X-ray teleradiology, ultrasound teleradiology, CT teleradiology, MRI teleradiology, nuclear imaging teleradiology and others. Among the considered imaging modalities, X-ray teleradiology currently dominates the market with approximately one-third of the market share in 2015. Based on the type of application, the global teleradiology market is segmented as picture archiving and communication system (PACS) and radiology information system (RIS).

As of the current market scenario, North America and Europe lead the global market in terms of revenue. Government guidelines for digitization of healthcare records and high rate of adoption of advanced technologies in Western Europe are the prime contributors to the dominance of these regions. Asia-Pacific will witness the fastest market growth during the forecast period owing to growing awareness, rapid evolution of healthcare infrastructure and flourishing medical tourism industry in the region. Awareness about the proven benefits of teleradiology in remote counselling will further support the growth of teleradiology market in Asia-Pacific and Middle East and Africa markets.

Market Competition Assessment:

Key players in the global Teleradiology systems market are Argus Radiology, Agfa-Gevaert N.V., Cybernet Medical Corporation, Everlight Radiology, 4ways Healthcare Limited, 4ways Healthcare Limited, Franklin and Seidelmann, GE Healthcare, Global Diagnostics, Merge Healthcare, Medica Reporting Ltd., NightHawk Radiology, ONRAD, Radiology Reporting Online (RRO), Radisphere National Radiology Group, Inc., Sectra AB, StatRad, Philips Medical Systems, TeleDiagnosys Services, Teleradiology Solutions, Telemedicine Clinic, Virtual Radiologic and others

Key Market Movements:

  • Increase inhealth care expenditure and advancement in technology
  • Increasing prevalence of chronic conditions such as cancer, cellulitis and osteomyelitis has the surge in the demand for imaging diagnosis and monitoring
  • Rapid evolution in technology of imaging, especially advancement of PACS and RIS
  • Efficient incorporation and implementation of radiology information systems allow for systematic cost and operation control in long-term use

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared for this task.

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Bioinformatics Market is expanding at a CAGR of 20.3% from 2016 to 2024: Credence Research

The latest market report published by Credence Research, Inc. “Global Bioinformatics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023,” the bioinformatics market was valued at USD 8,580.0 Mn in 2015, and is expected to reach USD 38,614.0 Mn by 2024, expanding at a CAGR of 20.3% from 2016 to 2024.

Browse the full report Bioinformatics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2024 at http://www.credenceresearch.com/report/bioinformatics-market

Market Insights

The key applications of bioinformatics comprises in gene sequence analysis, gene and protein expression analysis, gene regulation analysis, genome annotation, and mutation analysis. Bioinformatics plays key role in research optimization via effective data management during and after clinical trials. The factor assisting its market growth throughout the forecast period is existence of huge government funding and market introduction of technological advancements in the fields of genomics and proteomics. The market experts suggested that, market growth of bioinformatics has been also driven by the companies that express a need to adopt more cost-efficient and prolific methods to commercialize proprietary information. The suppliers operating in this market are expected to provide products or services such as complete integration of data infrastructure including data sharing facility, data security, data searching, proposed customization and data analysis.

Applications of bioinformatics comprise genomics, molecular phylogenetics, proteomics, transcriptomics, metabolomics, chemoinformatics & drug designing and others. In 2015, genomics dominated the overall market in terms of market share due to its rising application in understanding mutational disorders and identification processes related to investifgation of better pathways that pertain to gene based drug development. Biocontent management was observed as the largest market in 2015 due to rising rate of bioinformatics tools and software application in database management is one of the primary reasons attributing to its large share.

Browse the full report Bioinformatics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2024 at http://www.credenceresearch.com/report/bioinformatics-market

In year 2015, North America dominated the overall market and is expected to maintain its dominance in the market throughout the forecast period. The key factors assisting the North America bioinformatics market are U.S. is a base of large number of pharmaceutical and biopharmaceutical companies, it records highest number of clinical trials and studies carried out every year. The bioinformatics services and products available in North America are advanced coupled with modern healthcare infrastructure. During the forecast period Asia-Pacific is expected to grow at the fastest CAGR due to rising number of outsourcing assignments related with healthcare IT and clinical trials, developing healthcare infrastructure and increasing number of pharmaceutical and biopharmaceutical companies. Asia-Pacific is considered as a hub of information technology companies and these companies provide bioinformatics products and services assistance to companies based in the North America and Europe.

Market Competition Assessment:

The bioinformatics market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are BIOVIA (Accelrys Inc.), IBM Life Sciences, 3rd Millennium Inc., Life Technologies Corporation, Rosetta Biosoftware, Agilent Technologies, Affymetrix, Inc., Celera Corporation, and others.

Key Market Movements:

  • Bioinformatics market will retain its significant growth due to presence of huge government funding and technological advancements upcoming in the fields of genomics and proteomics
  • Rising usage of biological systems modeling is becoming a trend in clinical research field which is assisting the growth of bioinformatics
  • In the field of drug discovery and development demand is increasing for the use of integrated data
  • Market experts have also suggested that, bioinformatics has huge application in wide number of sectors, many government and non-government organizations are investing in the R&D of the sector which is acting as a strong reason for the growth of the market

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared for this task.

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Energy Management Systems (EMS) Market Regulations, Size, Share and Competitive Landscape Outlook to 2022: Credence Research

According to a new market report published by Credence Research, Inc., “Energy Management Systems (EMS) Market (Industrial Energy Management Systems (IEMS), Building Energy Management Systems (BEMS), Home Energy Management Systems (HEMS)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the energy management systems (EMS) market is expected to expand at a CAGR of 14.2% from 2015 to 2022, reaching US$ 57.8 Bn by 2022.

Browse the full Energy Management Systems (EMS) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/energy-management-systems-ems-market

Product and Market Insights

Energy management systems (EMS) are electronic devices that allow consumers to monitor, control, and manage their energy consumption optimally. The global energy management systems (EMS) market for building and residential applications is currently in the nascent stage of development. The industry has been committed towards developing a universal platform capable of addressing issues concerned with the interface, interoperability, and installation.

Browse the full report at http://www.credenceresearch.com/report/energy-management-systems-ems-market

Competitive Insights

The global energy management systems (EMS) market is competitive and technology driven. Some of the leading players in the energy management systems (EMS) market include Honeywell International, Inc. (the U.S.), General Electric Company (the U.S.), Schneider Electric SE (France), Panasonic Corporation (Japan), Cisco Systems, Inc. (the U.S.), Johnson Controls, Inc. (the U.S.), Siemens AG (Germany), Eaton Corporation Plc (Ireland.), Rockwell Automation, Inc. (the U.S.), and Emerson Electric Company (the U.S.) among others. The market competition is characterized by the presence of both and core solution providers and application sub-system suppliers. Their approach has been to offer energy management solutions as a part of home and industrial automation products and services. The new entrants in the energy management systems (EMS) market require substantial capital investment. Being a technology driven market, players entering the market are required to keep pace with the technological advancements and dedicate substantial budget for research and development activities. On the contrary, favorable government regulations promoting optimum energy consumption is expected to have positive impact on the new players entering the market. Thus, the existing energy management systems market poses moderate threat to new entrants.

Key Trends

  • Growing interest in residential demand response and roll-out of smart utility meters
  • Increasing efforts by manufacturers to develop multi-featured energy management systems capable of connecting with multiple control devices and being managed from a remote location
  • Growing desire to manage electricity consumption and curb electricity bills

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