Aesthetics Matter, as the Burgeoning Metallic Pigments Market Shows

Visual appeal is playing a bigger role in sales of and demand for products in current times than ever before. Better aesthetics not only create a greater appeal in the eyes of the consumer, but also allow the product to be sold at higher rates. Better visual appeal can also symbolize product quality, although the final verdict will always be done after the product is used. Nonetheless, visuals are what affect the consumer first, and therefore an effective visual or even packaging can lead to a greater number of sales. This applies to all markets associated directly with the common consumer, especially in the case of industries such as paints and automobiles. An increasingly important field in this regard is the global metallic pigments market.

The Scope for Growth of the Global Metallic Pigments Market

The global metallic pigments market is predicted to cross US$1.2 bn before the end of 2023. It was already recorded at US$736.20 mn in 2014, which puts it at a CAGR of 6.40% between 2015 and 2023. This sturdy growth rate has been possible due to the recent boom in the global automotive industry. As car sales around the world increase, so does the demand for metallic pigments. In fact, in terms of end users, the automotive industry was the largest segment of the global metallic pigments market in 2014.

The key players that have moved ahead with this market are ALTANA AG, BASF AG, Carl Schlenk AG, Silberline Manufacturing Co., Asahi Kasei Corporation, Sun Chemical Corporation, Umicore N.V., Coprabel, Metaflake Ltd., and Geotech International B.V.

Automobile Paints are Serious Business

Paints and the other visual characteristics of a car mean the world when it comes of the kind of consumer a car company is trying to attract. From the consumer’s side, the right paint job can become the difference between a good-looking car and a great car that he or she is compelled to buy. Therefore, the amount of research and development that goes into studying and innovating car paint pigments, especially metallic pigments, is exceptionally high. The engineers behind high-quality metallic pigments use several characteristics to define various qualities of the paint, such as fluctuations in lightness, the level of noise, flake orientation, and the scaling properties of the paint. These properties help them define and innovate the next big color or paint texture.

Metallic Pigments in Architecture

Apart from the visual appeal, metallic pigments also impart other major utility-based qualities to the product. These include resistance to corrosion, which is a key reason why metallic pigments also finds major usage in architecture and marine coatings.

One of the key players in the global metallic pigments market, Axalta Coatings Systems, is trying to step into the anodized paint applications with its AR400 Anodic Natura Powder Coating, meant for both architecture and automotive industries. The company’s idea was to create a pigment that would not only make a surface look like anodized aluminum, but actually outperform it. Similar innovations are keeping the global metallic pigments market in tune with the current demand patterns, thus creating a more sustainable market for the coming years.

Browse Research Press Release: http://www.transparencymarketresearch.com/pressrelease/global-metallic-pigments-market.htm

Growth of Global Market for Micro Irrigation Systems Shifts into High Gear with Increasing Water Scarcity Issue Worldwide

Micro irrigation is a form of irrigation that helps in saving fertilizers and water by delivering water at the base of the plant, through a network of valves, micro sprays, tubing, drip emitters, and pipes. A micro irrigation system plays a very crucial role in the agricultural practices, by ensuring accurate application of water to plants and boosting the overall production yield.

According to a research study by Transparency Market Research, in 2014, micro irrigation systems market was valued at US$2,594.7 mn and is predicted to reach a valuation  of US$9,140.2 mn by the end of 2023. The market is projected to register a 15.10% CAGR between 2015 and 2023.

Sprinklers Irrigation Systems Segment to Register 14.50% CAGR from 2015 to 2023

The global market for micro irrigation systems can be categorized on the basis of product type into drip and sprinkler irrigation systems. The sprinklers segment is further sub-categorized into traditional sprinklers, center pivot sprinklers, and lateral move sprinklers. In 2014, the sprinklers segment led the market, holding a share of 83% in the overall micro irrigation systems market. The increasing adoption of micro irrigation systems for maintaining turf grass, landscaping, and fields is estimated to fuel the growth of the market in the near future. As a result, this segment is projected to register a 14.50% CAGR between 2015 and 2023.

The growing water scarcity issue is one of the key factors boosting the demand for micro irrigation systems across the globe. On the flip side, the high cost of installation and lack of expertise in managing the systems are expected to hamper the growth of the market in the coming years.

Asia Pacific to Witness Rapid Growth due to Increasing Adoption of Micro Irrigation Systems

Among the major geographical segments, in 2014, Europe dominated the market, accounting for a share of 32% in the global market for micro irrigation systems in terms of revenue. The rapid growth of this region can be attributed to the increasing need for micro irrigation systems for well-organized water distribution and development of stadiums, sports grounds, and public parks in several countries in Europe, including Germany, Spain, the U.K., Italy, and France. On the other hand, the Asia Pacific micro irrigation systems market is anticipated to grow rapidly in the next few years, thanks to the favorable government initiatives for adopting micro irrigation systems. Japan, China, India, South Korea, and Australia are expected to be the major contributors towards the growth of the market in this region.

Some of the prominent players operating in the global market for micro irrigation systems are Rain Bird Corporation, Eurodrip SA, Hunter Industries, Inc., Rivulis Plastro Ltd., Lindsay Corporation, Sistema Azud SA, Elgo Irrigation Ltd., T-L Irrigation Company, Jain Irrigation Systems Ltd., Valmont Industries, Inc., Reinke Manufacturing Company, Inc., Netafim Ltd., and The Toro Company.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/micro-irrigation-systems-market.htm

Global Power System Analysis Software Market to Exhibit 12.6% CAGR 2016-2024, Growing Investments on Smart Grid Systems to Drive Growth

With the growing demand for electricity, utility providers are struggling to optimize their efficiency and minimize losses occurring during generation and distribution of electricity. Power system analysis software addresses this issue. The data generated from smart components such as automated distribution systems, meters, and sensing and measurement devices is transmitted to the utility station where predictive analysis of the data is done with the help of power system analysis software. Such predictive analysis helps utility providers to efficiently cater to the surging demand for electricity with optimum returns on investment.

The global power system analysis software market is expected to expand robustly at a CAGR of 12.6% during the period between 2016 and 2024. The overall market was worth US$3,540.4 mn in 2015 and is anticipated to reach a valuation of US$10,245.6 mn by 2024. Increased investment on smart grid systems has propelled the demand for power system analysis software, especially across developed economies. For example, in Canada, the government’s efforts to transform power supply and upgrade electricity infrastructure have majorly boosted the growth of the power system analysis software market in North America.

Green Energy and Smart Power Technology to go Hand in Hand

Some of the prominent companies in the global power system analysis software market are Siemens AG, ABB Ltd., General Electric Company, ETAP/Operation Technology Inc., Schneider Electric DMS NS, Atos SE, PSI AG, Artelys SA, Operation Simulation Associates Inc., Energy Exemplar, Unicorn Systems, Electricity Coordinating Center Ltd., Open Systems International Inc., PowerWorld Corporation, Eaton Corporation Plc, Nexant Inc., Pöyry, Electrocon International Inc., DIgSILENT GmbH, and Neplan AG.  With the growing demand for green energy, the field of digital power generation has attracted unprecedented attention. The key players in the global power system analysis market are focussing on introducing Internet of Things (IoT) to analyze operating data across smart grids to increase efficiency during generation and distribution of electricity.

ABB Introduces Smart Sensors to Analyze Operating Data across Low-Voltage Motors

Analyzing operating data has not been limited to smart grids. Switzerland-based ABB Ltd. has recently introduced its new sensor technology for low-voltage motors. This sensor technology can increase equipment lifetime by 30% while reducing downtime by 70%. These smart sensors are attached directly to the motors and are able to send operating data such as vibration, temperature, power consumption, and potential overload through wireless mode. The compiled data is then analyzed on a customized platform by the plant operator who can take decisions that will reduce energy consumption and the wear and tear on low-voltage motors. The data transmitted wirelessly is encrypted to a secure server.

In the coming years, organizations are expected to focus more on energy consumption and emission. As a result, the demand for smart power technologies including power system analysis software is bound to surge.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/power-system-analysis-software-market.htm

Apheresis Equipment Market – In Which Direction will Tightening Grip of Regulators Steer Growth?

The global market for apheresis equipment is projected to stand at a valuation of US$2.3 bn by 2018, according to Transparency Market Research (TMR). The market intelligence firm also states that the global apheresis equipment market is expected to log a compounded annual growth rate (CAGR) of 11.3% between 2012 and 2013. Although these numbers might seem encouraging, regulators are watching this space more closely than ever before; the market’s growth is certainly not devoid of challenges. 

While on one hand growth will occur as a result of a spike in demand for plasma products and plasma itself, the risks associated with the procedure are likely to pose an obstacle to the apheresis equipment market’s growth. 

Regulators in the U.S. are Proposing to Classify Apheresis Systems as Class 2 Medical Devices

In a recent development on the regulatory front, a panel of advisers to the United States Food and Drug Administration (FDA) have stressed on more regulatory scrutiny for medical devices that use centrifugal force on whole blood so as to separate blood components such as plasma and then pump that blood back into the patient. The FDA, in February 2016, convened the Gastroenterology and Urology Devices Panel, which functions under the aegis of the Medical Devices Advisory Committee, to receive inputs on how such devices should be regulated. 

The fact that this development is occurring in the United States, one of the largest markets worldwide for apheresis equipment will have some impact on the global market too. In the United States, as many as 17 types of centrifuge-based apheresis systems for therapeutic purposes have received a stamp of approval and are on the market, says a report on the Medscape website. However, these devices have not been assigned to any of the classes created by medical device regulatory authorities via a 1976 law. 

The American Society for Apheresis terms apheresis as being an effective first-line therapy for a range of diseases such as Guillain-Barré syndrome, severe cryoglobulinemia, myasthenia gravis, and fulminant Wilson disease, among others. In several other illnesses, apheresis is used as a second-line treatment. However, of the 1447 reports that were submitted to the agency between 2010 and 2015, 20 reports of deaths were also included.

The FDA has noted that many of the aforementioned diseases have a high rate of morbidity, which could also be attributable to the many deaths and adverse events associated with its examination of the Manufacturer and User Facility Device Experience database for apheresis equipment. 

Going forward, the agency is proposing to classify apheresis systems as class 2 medical devices. This class includes devices that pose an intermediate degree of risk and such devices are required to undergo a 510K premarket clearance. Also on the cards in the United States is more detailed information on the labels of apheresis equipment and systems. However, a final decision on this front is awaited.

Browse Research Release: 

http://www.transparencymarketresearch.com/pressrelease/global-apheresis-equipment.htm

Where do the Growth Opportunities Lie in the Global Apheresis Equipment Market?

The growing interest in using apheresis therapy during anti-aging treatments is expected to have a positive impact on the market’s overall growth. Plasma therapy, for instance, has been endorsed by numerous celebrities and is on course to becoming a mainstream anti-aging treatment. This opens a new window of opportunity for companies in the global apheresis equipment market. 

Global 3D Printing Materials Gains from Growing Consumer Preference for Products with Attractive Packaging

The global 3D printing materials market has been witnessing a substantial rise over the past few years. The rapid rise in the demand for 3D printing, propelled by the shifting interest of consumers toward products with attractive packaging, has boosted the 3D printing materials market significantly in the recent times.

A research report published by Transparency Market Research (TMR) states that in 2013, the worldwide market for 3D printing materials stood at US$450 mn. Experts project this market to rise at a CAGR of 18.0% during the period from 2014 to 2020 and attain a value of US$1.4 bn by the end of 2020.

Asia Pacific 3D Printing Materials Market to Exhibit Fastest Growth in Coming Years
In 2013, North America emerged as the largest regional market for 3D printing materials across the world with a share of more than 37% in the overall demand reported for these materials. However, in the coming years, Asia Pacific is likely to experience the fastest growth among all the regional markets for 3D printing materials on account of the rising uptake of 3D printing technology in various Asian economies such as China and Japan.

In terms of volume, Europe, North America, and Asia Pacific are expected to exhibit significant growth over the next few years. However, the market in the Rest of the World is anticipated to experience sluggish growth in the nearing future, owing to the limited scope of 3D printing technology in this region.

Plastics Enjoy Highest Demand in Global 3D Printing Materials Market

Metals, ceramics, plastics, lay wood and wax are the main materials used for 3D printing in the global arena. In 2013, the demand for plastics was the highest among these materials. The segment occupied a share of 48% in the overall demand reported for 3D printing materials that year.

The increasing demand for plastics for the 3D printing of electronics and other products is likely to maintain this trend in the near future. The flexibility and the durability, plastics provide, are the key factors behind its soaring demand in 3D printing.

The industrial, aerospace, education, architecture, automotive, electronics and consumer goods, pharmaceuticals, and military sectors are the prime application areas for 3D printing materials market. Here is a snapshot of the demand scenario for 3D printing materials in various segments.

• The electronics and consumer goods segment exhibited the highest demand for 3D printing materials in 2013 with a share of 23% while the automotive segment occupied the second position.
• During the period from 2014 to 2020, the demand for 3D printing materials in the electronics and consumer goods segment is likely to rise at a CAGR of 17.0%.
• Other application segments are also projected to report a significant demand for 3D printing materials over the next few years.

Some of the major producers of 3D printing materials in the global market are Voxeljet AG, SLM Solutions GmbH, Stratasys Ltd., Optomec, ExOne GmbH, Solidscape Inc., EOS - Electro Optical Systems, Arcam AB, Concept Laser GmbH, and 3D Systems Inc.

Research Press Release: http://www.transparencymarketresearch.com/pressrelease/3d-printing-materials-industry-htm

Leading Manufacturers Campaigning to Promote New Surgical Equipment: A Driving Factor for Global Surgical Equipment Market

Surgical equipment is utilized for various functions during surgical procedures including making incisions, grasping certain tissues, holding tissues and organs back, and closing wounds. Electrosurgical devices, surgical handheld devices, and sutures and staples are some of the commonly used surgical equipment in surgery rooms. Technological advancements in the medical devices market, the rapidly increasing elderly population, the rise in the number of surgical procedures, and the increasing demand for minimally invasive procedures are some of the factors expected to propel the global surgical equipment market in the years to come. 

However, in a sector defined by ample growth opportunities, competition naturally remains high. This has prompted manufacturers of surgical equipment to adopt aggressive marketing and promotion campaigns to gain new customers. 

This is helped by the fact that many hospitals are also focusing on adding more centers and operating rooms where surgeries can be performed with new surgical equipment. For instance, at the Andover-based Lawrence General Hospital, seven new operating rooms are expected to be inaugurated by August 2016. These operating rooms are expected to have more space and will occupy new surgical equipment. As hospitals are increasingly focused on delivering world-class services, more such investments are expected to be seen.

Surgical Sutures and Staples Segment to Drive Global Surgical Equipment Market

The availability of a variety of surgical devices is expected to propel the global surgical equipment market in the years to come. The global surgical equipment market was valued at US$8.43 bn in 2012 and is expected to reach US$11.28 bn by 2019, predicted to progress at a 4.20% CAGR from 2013 to 2019 owing to the increasing preference for minimally invasive surgeries.  

The global surgical equipment market is segmented on the basis of geography and product type. By product type, the global surgical equipment market is classified into electrosurgical devices, surgical handheld instruments, and surgical sutures and staples. In 2012, the surgical sutures and staples segment accounted for a dominant share of 55% in the global surgical equipment market. However, the demand for electrosurgical devices is expected to increase in the years to come. 

North America to be Dominant Region in Global Surgical Equipment Market

By geography, the global surgical equipment market is divided into Europe, North America, Latin America, Asia Pacific, and Rest of the World. Currently, the global surgical equipment market is led by North America, followed by Europe. Going forward, Europe and North America are predicted to maintain their dominance due to the rising demand for surgical equipment. The rising public investments in the healthcare sector are expected to propel the Asia Pacific surgical equipment market in the years to come. 

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/global-surgical-equipment-market.htm

Factors such as the high cost of surgical equipment, side effects of certain surgical devices, and the implementation of the Patient Protection and Affordable Care Act (PPACA) in the U.S. are predicted to restrict the growth of the global surgical equipment market. Leading players will find growth in emerging economies in Eastern European countries to increase their contribution in the global surgical equipment market. Some of the leading players operating in the global surgical equipment market are Ethicon, Inc., B. Braun Melsungen AG, CONMED Corporation, Integra LifeSciences Holdings Corporation, Stryker Corporation, and CareFusion Corporation.  

Sports Medicine Devices Market to Rise, Thanks to Increasing Awareness about Health Fitness in Baby Boomers

Sports medicine devices are utilized for the treatment and prevention of exercise- and sports-related injuries. Injuries caused owing to general exercise and sports include knee and ankle injuries, head injuries, strains and sprains, muscle cramps, and ligament ruptures. Sports medicine devices are either externally attached, utilized for minimally invasive procedures including arthroscopy, or surgically implanted. The global sports medicine devices market stood at US$6.1 bn in 2012 and is predicted to reach US$8.3 bn in 2019, expanding at a 4.40% CAGR between 2013 and 2019. 

Transparency Market Research (TMR), a market intelligence company, throws light on the major factors fuelling the growth of the market for sports medicine devices. TMR also highlights the ways these drivers are expected to further fuel the growth of the market in the coming years.

• Increasing Awareness about Health and Fitness in Baby Boomers: Apart from the youth demographic, baby boomers all around the world are highly motivated to stay healthy and have been taking the necessary steps to maintain a youthful appearance. The knowledge that exercise enhances health and reduces the risk of diseases has also encouraged baby boomers to stay active. They are inclined towards enjoying a high quality of life and thus are fuelling the sales of a number of fitness services and products. Baby boomers are at a high risk of injuries owing to weakening of their bones due to aging. Hence, the gigantic size of the baby boomers market globally leads to huge opportunities for the sports medicine devices market.

• Rising Online Marketing Propelling Development of Recovery and Support Products: The rise in online marketing is also a key factor augmenting the growth of the sports medicine devices market. Detailed product and pricing-related information can be gathered on recovery products and orthopedic products sold in the sports medicine devices market. In addition, consumers may easily access information on these products via social media platforms and web advertisements by healthcare companies and can choose the products suitable for their needs, thus augmenting the market’s growth.

• Product Miniaturization has Enabled Sports Activities for the Physically Challenged: The market for sports medicine devices has brought in easy portability, accessibility, and convenience, particularly for the physically challenged. Device miniaturization and technological advancements have enabled the physically challenged to take part in sports activities and lead a good quality of life. A number of vendors are manufacturing products keeping in mind the specific requirement of these customers. Furthermore, the introduction of wireless technology in portable healthcare equipment has raised the overall healthcare standards and has also raised the prospects for patient mobility at home and in hospitals. 

Browse Press Release: 

http://www.transparencymarketresearch.com/pressrelease/global-sports-medicine-device-market.htm

Hence, owing to these prime factors, the sports medicine devices market is poised to grow by leaps and bounds in the coming years. However, the absence of reimbursement options for academic sports injuries and the reduced budget allocation given to sports globally are amongst the key factors that may inhibit the growth of the market in forthcoming years.

Europe Metal Cleaning Equipment Market to Display Positive Growth for Increasing Industrial Process Efficiencies

Metal cleaning is a critical step in manufacturing processes; this includes surface treatment, mechanical production, heat treatment, and maintenance and repair of equipment in the complete process. The complete metal cleaning process involves the removal of undesirable substances that stick to the surface of the metal, such as oil, dust, chips, etc. and substances that adhere chemically, such as scale, rust, etc.

Metal equipment needs to be cleaned on a regular basis for ensuring protection against corrosion and to maintain its operational efficiency. The chemical cleaning of metals offers numerous advantages over mechanical means of cleaning. Of the several advantages of metal cleaning through chemical means, the foremost is that the metal equipment doesn’t need to be dismantled and reassembled. Secondly, the cleaning does not damage the equipment.

Satisfactory Lifecycle of Metal Cleaning Equipment to Result in Moderate Market Growth

Metal cleaning equipment is extremely complex and the design specifications are finalized so as to carry out metal degreasing and cleaning activities. In Europe, these systems are designed to keep up with environmental safety and protection norms laid down by the European Union. The product lifecycle is as long as 5 to 10 years, which is the reason why the number of installations of metal cleaning equipment in Europe will display a moderate demand in the coming years.

This market is expected to display a CAGR of 6.2% from 2016 to 2024, says Transparency Market Research (TMR). The Europe metal cleaning equipment market stood at US$731.7 mn in 2015.

Europe Metal Cleaning Equipment Market – an Overview

The Europe metal cleaning equipment market is displaying a positive growth trajectory due to several reasons. First and foremost, the high activity in the aerospace, automotive, and process industries in Europe and development of micro, small, and medium enterprises (MSMES) worldwide are driving this market. Some observations pertaining to the development of this market are as follows:

> Open tanks multistage was the largest technology segment of the market in 2015; the segment held a 39.2% share in the overall market. The technology comprises several cleaning stages. Open tanks multistage technology involves cleaning the whole metal equipment in batches to obtain the best results. This also allows users to meet the cleaning requirements of several disparate components in one machine. It is highly suitable for the calculated washing of mechanical metal components.

> Conveyor belts stood as the largest movement type segment of this market in 2015. This segment held a share of 62.1% in the global market. Nevertheless, the programmable segment will display the fastest growth from 2014 to 2024. The rising popularity of newer technologies such as artificial intelligence across the industrial sector will propel the demand for programmable movement for increased efficiency and automation.

> Germany contributed the largest revenue to the Europe metal cleaning equipment market in 2015; the region held a 24.6% share in the overall market. Germany continues to remain the largest market due to the rising demand from SMEs and large enterprises in this region. Other than this, the increasing number of startups and SMEs that provide services to large manufacturing companies, is fueling the growth of the Germany metal equipment market.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/europe-metal-cleaning-equipment-market.htm

Global Cloud Access Security Brokers Market Expands due to Rising Demand for Better Data Security

Cloud access security brokers (CASB) are a form of cloud-hosted or on-premises software deployed in organizations to protect critical data. The software acts like a control point that supports continuous visibility, threat protection, and compliance, and ensures the security of cloud services. The sheer volume of data generated on cloud every day has exposed companies to an increasing threat of data theft and security breaches. Such compliance and security concerns often deter companies from adopting cloud solutions. CASBs have thus become indispensable for organizations keen on adopting cloud applications.

Following the advent of cloud, IT companies are leveraging the opportunities to deliver applications cost-effectively and reliably by investing in various cloud computing resources. Engineering and development teams were the first in line to enjoy the benefits of infrastructure-as-a-service following officially sanctioned IT-driven projects. The next wave of cloud came with the deployment of software-as-a-service (SaaS) across SMBs. SaaS provided complete business functionality at a lower cost, thus leading to a positive influence on the growth of the global CASB market due to the rising security concerns.

Global CASB Market to Exhibit 16.7% CAGR between 2016 and 2020

A report on the global CASB market published by Transparency Market Research pegs its value at US$3.4 bn in 2015 and by 2024, the market, according to the report, is poised to reach US$13.2 bn. If the aforementioned figures hold true, the global CASB market will exhibit an impressive CAGR of 16.7% between 2016 and 2023. The rapid proliferation of CASB across small and medium-sized businesses (SMBs) has been a key contributor to the rising demand for cloud access security broker solutions. This in turn can be attributed to the flexible characteristics of CASB solutions.

The Multiple Deployment Models of CASB

While an increasing number of CASBs are leveraging log data from web proxies and firewalls to gain better visibility about cloud usage, the major architectures that CASB solutions use to deploy policies in cloud services are APIs and proxies. In the proxy mode, a CASB is positioned between the cloud service and the end user to monitor traffic and enforce the policies in-line such as encryption and access control. Another mode of deploying CASBs is direct integration to cloud providers who have exposed their policy controls and events through their API. Based on the cloud provider’s API, a CASB gains access to define policies and view end user activity.

Global CASB Market Expects Consolidation in Near Future

The global market for cloud access security brokers is highly competitive due to the presence of a large number of enterprises. However, in the next five years, a few of these vendors may exit the market, hence leading the market towards consolidation. Operators who have already started gaining customer traction are more likely to stay in the market and will naturally gain a competitive advantage over their peers.

The major companies operating in the market at present, such as Skyhigh Networks, NetSkope Inc., Adallom, Inc., CloudLock Inc., Bitglass, Inc., Zscaler, Inc., CipherCloud Inc., and Protegrity USA, Inc., are focusing on innovating technologies to offer enhanced security to data on cloud. 

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/cloud-access-security-brokers-market.htm 

Demand from Armed Forces Drives Global Air Traffic Control Equipment Market

Air traffic control (ATC) equipment is an integral part of expanding, building, or renewing infrastructure for air travel. From a logistical point of view, development of air travel is imperative for every nation as it is the backbone of import and export activities and transportation. Technological developments in air traffic control equipment have revolutionized the ways in which air traffic is controlled. The modernization of air traffic control equipment has resulted in an increased adoption of ATC equipment. For instance, this equipment will be in demand for establishing new air travel infrastructure in several developing countries, along with a rise in the demand for upgrading or expanding existing ATC systems in developed countries. Furthermore, demand from the armed forces to modernize communication solutions and ensure safety while flying is also augmenting the global air traffic control equipment market.

Demand from Armed Forces to Augment Overall Air Traffic Control Equipment Market

Harris Corp., a leading player in the global air traffic control equipment market, was recently awarded radio orders of US$20 mn. The order comes from the U.S. Army Communications-Electronics Command in a bid to modernize the defense force communications for several North African and Middle Eastern nations. According to the order, Harris Corp. will provide single-channel airborne and ground radio system vehicular radios. These systems will provide control of armored assets and real-time mobile command through secure voice and data communication links.

Initiatives to Improve Air Traffic Control in Europe Keep Region in the Lead

The global air traffic control equipment market is segmented on the basis of type, end user, and geography. The types of equipment in this market are communication equipment, surveillance equipment, and navigation equipment. The end users of air traffic control equipment are private aircraft, commercial aircraft, and military aircraft. Geographically, this market is segmented into Asia Pacific, Europe, North America, and Rest of the World. According to a research report published by Transparency Market Research, the commercial aircraft segment held the largest share in the overall market in 2012 due to the remarkable rise in commercial air travel activities.  Of all the regions, Europe held the leading position with a 32.1% share in the overall market in 2012. The increasing government initiatives to invest in ATC security and efficiency are driving the air traffic control equipment market in European countries.

Investment in Air Travel Infrastructure in Asia Pacific Set to Rise

However, analysts predict that the air traffic control equipment market will witness a robust growth rate in Asia Pacific as governments plan to spend heavily on building and expanding air travel infrastructure. Though the global air traffic control equipment market is poised to rise at a CAGR of 4.8% between 2013 and 2019, the market does face a few challenges. The capital-intensive nature of the market is expected to hamper its growth in the coming years. However, according to analysts, the need to develop reliable air travel infrastructure in developing countries will help market players overcome this restraint.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/air-traffic-control-market.htm

Movantik Spearheads Global Opioid-induced Constipation Market

The most common legal use of opioids today is for relieving pain. Opiates are a part of opioids and are a range of drugs that produce morphine-like effects. This group of drugs also includes morphine itself, along with synthetic and semi-synthetic drugs including fentanyl, oxycodone, methadone, hydromorphone, and hydrocodone. They are all important drugs used for the management of chronic pain. Opioids commonly work by binding to the mu-opioid receptors within the brain. The downside of using opioids is that they also bind to the mu-opioid receptors in the intestine, which leads to the most common complication faced by opioid users: constipation.

Progress Status of OIC Meds

The global opioid-induced constipation treatment market is expected to reach US$4.8 bn by the end of 2023. It will get there if it can maintain a highly positive estimated CAGR of 31.20% between 2015 and 2023. This rate of growth is being achieved through various drivers such as easy access to treatment drugs, high awareness of OIC, and the low cost of OIC therapy.

A number of pharma companies are involved in the global opioid-induced constipation treatment market. Some of the key players are Cosmo Pharmaceuticals, Daewoong Co. Ltd., Boehringer Ingelheim GmbH, C.B. Fleet Company, Inc., Bayer AG, Valeant Pharmaceuticals International, Inc., Abbott Laboratories, Takeda Pharmaceutical Company Limited, and AstraZeneca plc. One of the more prominent names among these is AstraZeneca, thanks to its hand in the development of Movantik.

Movantik and other Prime Drugs in OIC Therapy

Americans might be familiar with Movantik, thanks to an animated Super Bowl commercial released for it. While it may have split the opinions among all those who learned what opioid-induced constipation is, the bottom-line remains that they now at least know about OIC. 

Movantik has become one of the most popular OIC treatment drugs, allowing this drug to lead its segment of mu-opioid receptor antagonists into becoming the fastest-growing drug class in the global opioid-induced constipation treatment market. In 2014, the largest drug class in this market was the segment of chloride channel activators, and Amitiza is the only approved drug available in this class. The future of the global opioid-induced constipation treatment market can therefore be expected to lie in the greater use of mu-opioid receptor antagonists such as Movantik and other drugs in this class that are currently in the pipeline, such as maldemedine and others.

Browse Research Release: 

http://www.transparencymarketresearch.com/pressrelease/opioidinduced-constipation-treatment-market.htm

The advantage that this drug class offers is that these drugs can successfully target the underlying cause of OIC, which is the action of opioid receptors. These drugs make the receptors turn back the effect that opioids have had on them, thereby curing the patient of constipation, while still letting the opioid keep its analgesic function. Currently, the three drugs in this class are Movantik by AstraZeneca, Relistor by Valeant Pharmaceuticals, and, in some opioid overdose-related emergency cases, Naloxone.

Most studies point to North America, specifically the U.S., becoming the top user of OIC treatments in the near future. The United States is one of the largest consumers of prescription opioids in the world, making it one of the strongest regions in the global opioid-induced constipation treatment market in terms of sales and revenue.

Demand for Electrical Submersible Pumps (ESPs) Rises with Heightened Demand for Oil and Gas

Electrical submersible pumps are multistage centrifugal pumps operating in a vertical position and are primarily used in the oil and gas industry. ESPs extract oil by pumping it to the surface from their submerged positions. Electrical submersible pumps help in the handling of higher volume of oil and water present in the wellbore. Electrical submersible pumps have the capacity to handle fluid output ranging from 200 bpd to 60,000 bpd at depths of up to 15,000 feet. Since they offer cost effective lifting of heavy fluid in high volumes and also facilitate corrosion treatment in wellbores, their adoption rate is high, and thus the market for electrical submersible pumps is growing at a healthy CAGR of 8.94% from 2014 to 2022 and is expected to reach US$16.7 bn by 2022, as per a report published by Transparency Market Research.

Increased Deep Water Explorations to Open Huge Opportunities for ESPs

The rise in sub-sea operations will lead to many growth opportunities for the electrical submersible pumps market. Increasing deep water explorations will also benefit and open huge opportunities for electrical submersible pumps that are used in the oil and gas industry. The rising demand for oil and gas, and hence the rise in the extraction of oil and gas, is the major growth driver for the electrical submersible pumps market. Electrical submersible pumps are used in the oil and gas industry as they help increase the production of oils from the oil wells.

Electrical submersible pumps are multistage centrifugal pumps operating in a vertical position and are primarily used in the oil and gas industry. ESPs extract oil by pumping it to the surface from their submerged positions. Electrical submersible pumps help in the handling of higher volume of oil and water present in the wellbore. Electrical submersible pumps have the capacity to handle fluid output ranging from 200 bpd to 60,000 bpd at depths of up to 15,000 feet. Since they offer cost effective lifting of heavy fluid in high volumes and also facilitate corrosion treatment in wellbores, their adoption rate is high, and thus the market for electrical submersible pumps is growing at a healthy CAGR of 8.94% from 2014 to 2022 and is expected to reach US$16.7 bn by 2022, as per a report published by Transparency Market Research.

Major Applications of ESP in the Industrial Sector Will Benefit Market

Apart from the oil and gas industry, electrical submersible pumps have found their application in the industrial sector. In the industrial sector, electrical submersible pumps are used to manage wastewater and help in sewage treatment. ESPs are used extensively for many effluent management activities. ESPS help in dewatering during floods and other such calamities. They help in draining out water from holes during construction and mining activities. Thus, these applications of electrical submersible pumps make them indispensable for the industrial sector, encouraging the growth of the market.

New Discoveries of Oil Fields in Africa and South America to Boost the Requirement for ESPs

Regionally, the largest consumer of ESPs in 2013 was Europe, accounting for 59.77% of the global ESP market. The rising demand for ESPs in Europe is due to the increasing number of mature fields in Norway, Kazakhstan, the U.K., and Russia. Europe held the largest market for both onshore and offshore ESPs in 2013.

North America ranked second in terms of market share in 2013, accounting for 20.28% of the global ESP market due to rising shale oil production in the U.S. An increase in the production of oil sand in Canada was also one of the reasons for the growth of the market in North America. The demand for ESPs in South America will rise due to new discoveries of oil fields in Brazil and Venezuela. Similarly, new oil field being discovered in Africa will heighten the demand for the electrical submersible pumps, thus boosting the market.

Apart from the oil and gas industry, electrical submersible pumps have found their application in the industrial sector. In the industrial sector, electrical submersible pumps are used to manage wastewater and help in sewage treatment. ESPs are used extensively for many effluent management activities. ESPS help in dewatering during floods and other such calamities. They help in draining out water from holes during construction and mining activities. Thus, these applications of electrical submersible pumps make them indispensable for the industrial sector, encouraging the growth of the market.

Browse Research Press Release: http://www.transparencymarketresearch.com/pressrelease/electrical-submersible-pumps-industry.htm

Research and Development of Novel Photovoltaic Materials to Open New Growth Avenues for Global Solar Cell Films Market

The global market for solar cell films, the market covering the variety of photovoltaic materials that trap sunlight and thus form the heart of a photovoltaic cell, had a valuation of US$9,393.78 mn in 2014, according to a recent market intelligence report by Transparency Market Research. The report states that the market will expand at a favorable 9.4% CAGR from 2015 to 2023, and rise to US$20,995.66 mn by 2023.

The favorable growth prospects of the market are attributed to the rising awareness of the benefits of solar power to mankind and the environment, the rapid reduction in prices of solar cells – a factor that has made consumers in developing parts of the globe more receptive about solar power generation technologies – and the rising intervention of government bodies through funds and incentives for research and product development efforts.

An Ample Array of Solar Cell Films at Market’s Disposal Already; Many New Promising Innovations Developing Fast

Though solar cells have been around for a long time, it is in the recent past that this field of power generation has received an increased focus and a tremendous rise in research and development efforts aimed at improving the overall efficiency of solar cells. Being the core component of any solar cell, it is no surprise that most of the research efforts are focused on the development of novel and more efficient photovoltaic materials. It is owing to these efforts that the solar power industry can now boast of some excellent photovoltaic materials that are in regular use.

Research: http://www.transparencymarketresearch.com/solar-cell-films-market.html

Breakthrough developments have also been seen in the research world, and though the new materials developed are yet to prove their mettle in actual use, efforts to use them in commercial products are developing fast and shall hit the market soon. Until then, the highly-flourishing solar power industry will continue to use the materials that it has at its disposal, some of the most prominent of which are:

• Crystalline Silicon (c-Si): Crystalline silicon is currently the most commonly used photovoltaic material in solar cells, primarily because it is stable, delivers solar-power-to-electricity conversion efficiency of 15-25%, and it has proven to be highly reliable over the course of its usage in solar PV cells. However, as the material is a poor absorber of light, its film in a solar PV cell needs to be fairly rigid and thick.
• Amorphous Silicon (a-Si): Silicon in its amorphous form was used in the first thin-film solar cells that were ever made in the market. The material helps in making solar PV cells cheaper, light-weight, and flexible for a variety of applications. However, it ends up lowering efficiency levels and increases production costs.
• Copper Indium Gallium Deselenide (CIS or CIGS): CIGS is another prominent material used in thin-film solar cells. Although the material is not as efficient as silicon, the relatively cheaper core materials and ability to be applied to flexible substrates has made CIGS a hit in the thin-film solar PV market.
• Cadmium Telluride (CdTe): One of the most commonly used materials in thin-film solar cells, cadmium telluride demonstrates longer life span and higher efficiency, but has issues such as the highly toxic nature of cadmium and the limited availability of tellurium. Cadmium telluride solar cell films are currently used in solar cells encapsulated in glass, which seals the cadmium in the case of a fire.

Other than these, the global solar cell films market has also witnessed the emergence of photovoltaic materials such as perovskite which essentially refers to a particular mineral crystal structure, a variety of photosensitive dyes, and several other novel materials that are still in the developmental stages, but will soon see practical uses in a number of products in the near future.

Browse Research Press Release: http://www.transparencymarketresearch.com/pressrelease/global-solar-cell-films-market.htm

Global Coronary Stents Market to Gain Significantly from Increasing Popularity of Bioabsorbable Stents

Coronary stents are witnessing an immense surge in demand. The hectic and unhealthy lifestyle is increasing the incidence of coronary artery diseases around the world over the last few years. The rising prevalence of obesity and increasing base of the geriatric population are adding significantly to the severity of this issue.

Percutaneous coronary intervention (PCI), commonly known as angioplasty, is the most effective treatment for coronary artery diseases. In this procedure, coronary stents are placed in arteries to keep it open. The number of these procedures are increasing continuously in the global arena, and so is the demand for these stents.

According to a report published by Transparency Market Research (TMR), the global coronary stents market stood at US$6 bn in 2013. Analysts anticipate this market to expand at a CAGR from 6.60% during the period from 2013 to 2019 and reach an estimated value of US$8.2 bn by the end of 2019. 

North America Holds Leading Position in Global Coronary Stents Market

North America leads the global market for coronary stents in terms of revenue. The presence of a large pool of market players in the U.S. is the key factor responsible for the dominance of this regional market. These participants introduce their products at first in the U.S., providing the North America coronary stents market an early-bird advantage, adding substantially to the growth of this market.

Europe, followed by Asia Pacific, has occupied the second position in the global market. Over the next few years, the Asia Pacific market for coronary stents is likely to report the fastest growth among all the regional markets. The growing prevalence of coronary artery diseases, untapped markets in emerging economies, and the rise in awareness as well as the spending power of people in this region are some of the major factors that are projected to drive this regional market in the forthcoming years.

Bioabsorbable Stents to Present Most Lucrative Market to Participants

Drug-eluting stents (DES), bioabsorbable stents, and bare metal stents are the major types of coronary stents available across the world. Among these, DES enjoys the highest demand at present. However, bioabsorbable stents are likely to present the most lucrative market to participants in the coming years. The efficiency, these stents exhibit while restoring the blood flow is adding considerably to their increasing popularity. The faster healing process and quick absorption of the implant are also fueling the demand for bioabsorbable stents across the world.

Browse Research Release: 
http://www.transparencymarketresearch.com/pressrelease/coronary-stents-industry.htm

Terumo Corp., STENTYS SA, MicroPort Scientific Corp., Medtronic Inc., Johnson & Johnson, Cook Medical Inc., C. R. Bard Inc., Boston Scientific Corp., Biotronik SE & Co. KG, B. Braun Melsungen AG, AMG International GmbH, and Abbott Laboratories Inc. are the major manufacturers of coronary stents in the global market.

Collaborative Work and Innovative Ways of Meeting Bandwidth Requirements to Propel Global Home Networking Device Market

In the past few years, the home networking devices market has flourished due to the increasing demand for connected devices. The primary growth driver for the home networking devices market is the growing adoption of wireless home networking devices. The increasing popularity of Wi-Fi-based devices and the growing number of end users have given this market a huge impetus. This trend is especially prominent in Europe and North America. Currently, the majority of home networking device manufacturers are trying to work in partnerships with dealers and services providers to reach out to a bigger clientele spread across various geographical locations. Besides collaborative work, manufacturers are also aiming to introduce innovative products to meet the demand for improved internet bandwidth.

Linksys Introduces Router for Underwater Devices

Linksys, which is currently owned by Belkin, announced its plan to launch the first ever wireless router that will offer Wi-Fi connectivity up to 10,000 feet under water. Linksys H2O Wi-Fi Router will be installed on buoys in lakes or oceans and will use a satellite connection to provide Wi-Fi to devices that need this connectivity. Underwater cameras, weather sensors, scuba gear, and many other devices and research developments will benefit from this revolutionary router. Some of the other important players in the global home networking devices market are Legrand SA, ASUSTeK Computer Inc., TP-Link Technologies Co., Ltd., D-Link Corporation, Netgear, Inc., Devolo AG, Actiontec Electronics, Inc., ZyXEL Communications Corp., Buffalo, Inc., and Huawei Technologies Co. Ltd.

The global home networking devices market has been segmented on the basis of solution, component, and geography. The solutions available in this market are wired and wireless. Wired solutions are further fragmented into network line and powerline, while wireless solutions are divided into Wi-Fi, ZigBee, and Z-Wave. The components used in this market are hub and switch, router, extender, adapter, and wireless access point (WAP). Geographically, this market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America.

Asia Pacific to Emerge as Leader in Overall Home Networking Devices Market

According to a research report published by Transparency Market Research, the home networking devices market is anticipated to reach US$23.2 bn by 2023, rising at a CAGR of 7.0% from 2015 to 2023. As of 2014, Asia Pacific was the biggest consumer of home networking devices and held a share of about 28.9% in the global market. In the coming years, Asia Pacific will continue to lead the overall home networking devices market due to the high adoption rate of these devices, as the number of subscribers of fixed broadband continues to increase.

Furthermore, wireless home networking devices held a mammoth share of about 62.6% in the global market in 2014. However, analysts predict that Z-Wave, Wi-Fi, and ZigBee will make a significant contribution as the wireless home networking devices market offers several opportunities.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/home-networking-device-market.htm

Global Market for Healthcare BI Platforms to Exhibit 11.17% CAGR from 2015 to 2023 thanks to Growing Expenditure on Healthcare Sector

Business intelligence (BI) refers to a set of tools and techniques that are used for the acquisition and further transformation of raw data into useful information, which can be utilized for business analysis purposes. BI platforms allow the users to build applications that help organizations learn and understand their business.

BI platforms allow healthcare organizations worldwide to build applications that help them in understanding their procedures and further adopting the necessary technology to ensure healthcare control and quality. Healthcare BI platforms offer information delivery, analysis capabilities, and integration to healthcare organizations.

Global Healthcare BI Platform Market to Reach US$3.9 bn by 2023 owing to Adoption of Advanced Systems

According to a market research report by Transparency Market Research, in 2014, the global market for healthcare BI platforms was worth US$1.5 bn and is predicted to reach US$3.9 bn by the end of 2023. The market is anticipated to register a healthy 11.70% CAGR between 2015 and 2023.

According to the Affordable Care Act (2010), traditional and outdated healthcare platform systems are estimated to be replaced by advanced systems in the coming years, which is further projected to drive the global market in the coming years. In addition, the growing healthcare expenditure and the growing need for technologically advanced devices for achieving significant cost reduction are some of the other factors fueling the growth of the global healthcare BI platform market.

North America to Lead Global Healthcare BI Platform Market till 2023

Among the major geographical segments, in 2014, North America dominated the market, accounting for a 47.8% share in the global healthcare BI platform market. The rapid growth of this region can be attributed to the growing healthcare expenditure and the increasing requirement to reduce costs. The North America market for healthcare BI platforms is expected to remain in the leading position in the next few years.

By function, the global market for healthcare BI platform can be classified into operational analytics, financial analytics, regulatory reporting, clinical analytics, and others. In 2014, the financial analytics segment led the overall market, holding a 35% share in the global market for healthcare BI platforms. Cloud and on-premises are the major two types of deployment of healthcare BI platforms. Among these two types, the cloud BI segment is projected to grow at the highest growth rate in the next few years. Furthermore, among the model types, including self-service BI and corporate BI, the self-service BI segment is projected to grow at a fast pace in the near future. The rapid growth of this segment can be attributed to the growing demand for speed, decentralized data, and diversity.

The prominent players operating in the global market for healthcare BI platforms include Oracle Corporation, SAP SE, IBM Corporation, SAS Institute, Inc., OpenText Corporation, Information Builders, and Microsoft Corporation. These players are emphasizing on strategic collaborations and emerging trends in the market so as to maintain their leading position in the next few years.

Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/healthcare-business-intelligence.htm

Signs of Recovery in Global Oil Prices Hint at Beginning of Better Times for Global Floating Production Systems Market

Except for a brief period between April 2013 and June 2013, when crude oil prices in the global market went below US$100 per barrel, the price structure of the market remained steady for a larger part of the beginning of 2013 and mid of 2014. But oil prices tumbled down as 2014 progressed and from over US$100 per barrel of crude oil, the global market saw oil prices reaching as low as US$36 per barrel as the end of 2015 approached. The blatant blow to oil prices brought a significant change to the overall dynamics of the global oil and gas market. Thus the liquidation of ongoing projects, cancellation of tentative projects, severe cost cuttings, and announcements of lower capital spending became common in the market.

Global Floating Production System Market Sees a Decline in Contracts

A huge decline in the number of floating production system contracts has also been observed since the start of 2015. The last major FPSO (floating, production, storage, and offloading) contract was awarded in January 2015 for an offshore exploration project in Ghana. This, a tentative contract for a production semi in July, and a few other orders for floating regas vessels make the total orders for the global floating production systems market over the past year and half. This is far low when compared to the historical pattern of orders received by the market: the market has had contracts for at least 12 FPSOs annually for over the past ten years.

There is no doubt that the market for floating production systems is headed on a rough growth path. The past few months have been difficult for most auxiliary markets in the oil and gas industry. The dearth of new contracts has forced manufacturers as well as equipment suppliers to make huge cuts in their employee base and annual expenditure. But the market for deepwater oil and gas production will rebound as the global demand for oil and gas is never-ending and continuously increasing. Though the scenario is not that clear at this point, there are indications that the rebound is starting.

Past Numbers Remind of Good Times and of the Growth Potential that the Market Holds

In a market research report published by Transparency Market Research in 2013, the global market for floating production systems is projected to exhibit a 17.20% CAGR over 2013 and 2019. According to the report’s predictions, the market, which had a valuation of US$12.6 bn in 2012, was expected to reach US$38.7 bn by 2019.

The numbers may seem outrageous in current times, with oil prices even less than half from the time the predictions were made. It is also true that oil prices cannot be predicted by anyone, since they are volatile.

But the fact that the oil and gas market is rebounding for good cannot be denied as well. In future the market will witness an upward trend in global oil prices and market analysts suggest that recovery of the global oil and gas market is underway. World producers are coming to terms about the necessity of freezing production and stalling projects concerning the exploration and recovery from new shale wells in the U.S., and steadily, the current imbalance in supply and demand will be sorted and there will be a gradual recovery in oil prices. Like all other markets working in coherence with the global oil and gas industry, the floating production systems market will also flourish.

Browse Research Press Release: http://www.transparencymarketresearch.com/pressrelease/floating-production-system-market.htm

Product Proliferation and Rising Acknowledgement of Advantages of Implantable Drug Delivery Devices to Boost Market

The rising occurrence of cardiovascular diseases and the increasing number of interventional cardiologists are amongst the prime factors fuelling the market for implantable drug delivery devices. Implantable drug delivery devices provide numerous unique advantages over the traditional parenteral or oral drug delivery methods. These devices can offer localized and site-specific delivery, which is of utmost importance in applications such as oncology and cardiology, wherein targeted delivery may enhance the treatment’s effectiveness and lower its damage or side effects to healthy tissues. 

Transparency Market Research (TMR), a market intelligence company, throws light on the top two advantages of using implantable drug delivery devices and also provides data about the key applications of non-biodegradable drug delivery devices. The advantages of these devices are poised to augment the demand for implantable drug delivery devices in the coming years. The prime advantages of implantable drug delivery devices include:

• Convenience: An effective drug concentration in the blood is maintained for a longer duration of time by using techniques including repeated injections or continuous intravenous infusion. However, in these treatments, the patients need to be under uninterrupted medical monitoring. In addition, a short-acting medicine may worsen the condition owing to the fact that the infusion rate or injection quantity needs to be raised for maintaining a therapeutically effective drug level. Implantable drug delivery devices, on the other hand, allow patients to take medication outside of the hospital setting and involve relatively marginal medical observation. In addition, implantation treatments involve a reduced risk of infections and complications as compared to indwelling catheter-based infusion systems.

• Automation of Drug Delivery: By permitting complete elimination or reduction of the patient’s role in the delivery of the drug, compliance to the treatment regimen is immensely increased. Patients may sometimes forget to take their medicine, but drug delivery via an implant is not dependent on patient input. Though periodical refilling is required in certain types of implantable drug delivery devices, the overall patient involvement is still much less than with traditional systems.

Non-biodegradable drug delivery devices are being majorly utilized in areas such as hormone regulation, contraception, oncology, abuse deterrence, and pain management, among others. The key application areas of non-biodegradable drug delivery devices, along with commercial examples, are as follows:

• Women’s Health: Transmucosal hormone contraceptives delivery progestin has been introduced into combination products manufactured from silicone, TPU, and EVA. One commercial example of this is Pfizer’s Estring® Silicone Intravaginal Ring (IVR). This device releases 2 mg of estradiol for a period of ninety days for treating symptoms related to menopause. Another example is Merck & Co.’s Nexplanon®. This device is made using EVA and delivers 68 mg of etonogestrel for a period of three years. This device consists of a rod implanted in a subcutaneous manner in the arm of the patient.

•  Treatment of Diabetes: Non-biodegradable implantable drug delivery devices present a unique solutions for diabetics. For instance, U.S.-based Intarcia Therapeutics has developed a non-biodegradable implantable drug delivery device, named ITCA 650, which is a DUROS® implant delivery technology, for the treatment of type II diabetes. In addition, the titanium drug-eluting device by Delphor is another example of a device used to treat type II diabetes. This system is also designed for drug delivery for the treatment of hormone growth deficiencies, hepatitis C, and bipolar disorder.

Browse Research PR: http://www.transparencymarketresearch.com/pressrelease/global-implantable-drug-delivery-devices.htm

Could Floating Nuclear Power Stations Bring New Opportunities for Offshore Mooring Systems Market?

The centuries-long drilling of onshore oil and gas fields has had several far reaching impacts on not just the environment but also on hydrocarbon reserves. This has now prompted companies to turn toward offshore reserves, which lie hundreds of feet under water. That has, in turn, created attractive economic prospects for companies in the global offshore mooring systems market. A recent market research report by Transparency Market Research reckons that the global market for offshore mooring systems will account for US$1.16 bn by 2021. The firm says that the market was worth US$928.3 mn in 2014 and will show a CAGR of 3.6% between 2015 and 2021.

An offshore mooring system enables oil and gas companies to seamlessly conduct operations in the middle of an ocean – almost as if they were on ground. This is done by mooring large floating platforms or ships in deep waters. Where subsea exploration, drilling, or production is required, the role of offshore mooring systems becomes essential.

While the oil and gas sector is the key consumer in the offshore mooring systems market, there’s another sector where new opportunities are emerging on the horizon: nuclear energy generation.

What’s Prompting the Nuclear Energy Industry to go Offshore?

Nuclear power stations built on the ground have been the convention but not without their share of controversies. There are numerous instances across the world where new nuclear projects have been met with fierce opposition. Simply put, most people wouldn’t want a nuclear power station in their backyard. Moreover, nuclear power stations located around a populated area could spell doom in the event of a disaster – be it natural or manmade.

That, and many other drawbacks of on-ground nuclear reactors, has prompted the nuclear engineering community to consider offshore nuclear reactors. That essentially means nuclear reactors that are moored offshore where the waters are thousands of feet deep.

The offshore mooring systems market could use this idea to develop new systems and solutions meant specifically for nuclear reactors. The concept will likely catch on steadily in the years to come because of the following advantages of floating nuclear reactors:

• Nuclear reactors need an uninterrupted supply of water to keep temperatures under the specified level. That’s much easier and practical when offshore mooring of nuclear power stations enters the picture.
• With the rapid development of subsea transmission systems in recent years, the power generated by the nuclear reactors can easily be transmitted onshore using a network of undersea cables.
• What happens when it’s time to decommission the floating nuclear power station? It can simply be towed away to the desired location or decommissioned at sea in compliance with the prevailing safety and environmental mandates.

At a time when finding new onshore sites for nuclear reactors is becoming a process mired in opposition from local communities, environmental activists, and even political parties, offshore mooring systems for nuclear reactors could hold a ready solution. The time has indeed come for companies in the offshore mooring systems market to look beyond the oil and gas industry and capitalize on opportunities elsewhere too. 

Browse Research Press Release: http://www.transparencymarketresearch.com/pressrelease/global-offshore-mooring-system-market.htm

Intense Competition Significantly Drives Global Renal Denervation Devices Market

The renal denervation devices market has been exhibiting a rapid rise in the global arena since the last few years. The increasing incidence of uncontrolled and drug-resistant or treatment-resistant hypertension (trHTN) is driving the growth of this market significantly in the recent times.

Renal denervation is relatively a new therapy applied to treat uncontrolled hypertension. Being a minimally invasive procedure, it decreases the blood pressure by ablating renal arteries and nerves. The efficiency of this therapy is increasing its popularity across the world, which in turn is stimulating the demand for renal denervation devices significantly.

According to a research study published by Transparency Market Research (TMR) on the global market for renal denervation devices, the market is likely to report an impressive CAGR of 41.20% between 2012 and 2021. Analysts expect the market value to increase from US$88.5 mn in 2012 to an estimated valuation of US$1.9 bn by the end of 2021.

Europe Leads Global Renal Denervation Devices Market

Europe has been leading the global renal denervation devices market over last few years. In 2012, the regional market acquired a share of more than 80% in the overall market and was closely followed by Asia Pacific.

Market experts also project Europe to register the fastest growth among all the regional markets for renal denervation devices in the coming years, thereby retaining its leadership in the global market. The increase in research and development activities in the area of renal denervation in Europe is likely to boost this regional market significantly in the near future. The U.K., Italy, France, and Germany dominate the Europe renal denervation devices market.

FDA Approvals to Boost Renal Denervation Devices Market in North America

The rise in the approvals of renal denervation devices by the U.S. FDA is likely to boost the renal denervation devices market in North America remarkably in the forthcoming years. The growing incidence of cardiovascular disorders, on account of the poor lifestyle of people in this region is also anticipated to lead to the growing demand for renal denervation devices in North America.

The Asia Pacific renal denervation devices market is also expected to register a healthy rise over the next few years. The widening pool of patients suffering from cardiovascular disorders, stimulated by the increasing geriatric population, is the key factor driving the growth of this regional market. 

Browse Research Release:

http://www.transparencymarketresearch.com/pressrelease/global-renal-denervation-devices-market.htm

Simplicity by Medtronic Dominate Global Renal Denervation Devices Product Market

At present, only Vessix Vascular (V2) by Boston Scientific, Symplicity by Medtronic, EnlighHTN by St. Jude’s medical, Paradise by ReCor Medical, and OneShot by Covidien have gained the CE mark certification. The U.S. FDA, however, has not approved any of the renal denervation therapy till now.

In 2012, Symplicity enjoyed the highest demand and occupied a share of 85.5% in the overall market. The trend is projected to continue in the coming years. However, intense competition among renal denervation devices manufacturers is likely to increase the usage of advanced technologies in products, which is projected to impact the renal denervation devices market positively in future.