Blood Processing Devices and Consumables Market is Expected to Reach USD 49.16 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Blood Processing Devices and Consumables Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global blood processing devices and consumables market was valued at USD 27.27 billion in 2012 and is estimated to reach a market worth USD 49.16 billion in 2019 at a CAGR of 8.9% from 2013 to 2019.

Browse the full report at http://www.transparencymarketresearch.com/blood-processing-market.html

The growth of the blood processing devices and consumables market is driven by factors such as increase in aging population, increasing cancer therapies, emergence of infectious diseases (HIV and Hepatitis) and significant rise in surgical procedures. In addition, strict government regulations across the world are also positively impacting market growth. Moreover, manufacturers are developing improved and automated products for collection, processing and storage of blood and blood components. According to WHO, it is estimated that global population over age 60 years would double from 11% (2000) to 22% (2050). People aged 60 and above are more prone to cancer risk and other surgical procedures. Hence, graying population and increasing demand of cell therapy will act as driving factors for the growth of this market.

Blood processing devices and consumables market is a rapidly developing field, and have been witnessing numerous technological advancements Growth of the market is influenced under the rising demand for pathogen-free blood. Blood being a vital component of the body, is routinely used in wide range of hospital procedures for transplantations, cancer therapies and other forms of surgeries. Therefore, safe blood supply is integral in surgical and other blood transfusion procedures. Manufacturers are developing automated products to reduce blood associated risks. Automaton of devices reduces human intervention, requires less number of professionals and also reduces the risk of pathogen development. Therefore, automated devices and consumables have been gaining lot of popularity in recent times. Automated cell processors and automated blood collection devices have become one of the standard procedures for blood procurement, thereby further giving a boost to this market. Other major technological advancements include blood bags with in-built filters, blood collection monitors, and tube sealers which are further supplementing the market growth.

  

Blood bags used in each step of blood collection, processing, storage and delivery account for the largest share in blood processing consumables segment. Coagulation reagents, which are used for detecting bleeding disorders and coagulation rate is the fastest growing segment of blood processing consumables market and is poised to grow at a CAGR of 13.3%.

North America accounts for the largest share of the blood processing devices and consumables market owing to the developed economies in this region. In North America, more than 27 million units of blood and blood components are transfused each year. Therefore, to meet this huge blood requirement, the market is characterized by government support, increased public awareness and presence of technologically advanced equipments. Despite the developed countries holding a major share, Asia-Pacific region is poised to show a significant growth in the coming years. Expanding population bases in countries such as India and China, coupled with increasing epidemic of diseases such as dengue and chikunguniya will boost the market demand and successive growth. Additionally, the government in these nations is focused towards improving healthcare infrastructure, thus, in turn, further propelling the growth of this market.

Blood processing devices and consumable market is witnessing intense competition among the players which are willing to offer complete reliable and cost-effective products. Some of the significant key players in this market include Terumo BCT, Fresenius Kabi, Haemonetics Corporation, Immucor, Inc., Abbott Diagnostics and others. Manufacturers are entering into strategic alliances with other players for the development and commercialization of new and innovative products, for maintaining the competitive edge.

The Blood processing devices and consumables products market is segmented as follows:

·         Blood Processing Devices and Consumables Market, by Product Type

o   Blood Processing Devices

§  Blood Bank Refrigerators

§  Blood Bank Freezers

§  Blood Warmers

§  Blood Grouping Analyzers

§  Hematocrit Centrifuges

§  Blood Cell processors

o   Blood Processing Consumables

§  Blood Administration Sets

§  Blood Bags

§  Vials

§  Slide Stainer

§  Sedimentation Tubes

§  Blood Lancets

§  Blood Filters

§  Test Tube Racks

§  Microscopic Slides

§  Blood Grouping Reagents

§  Coagulation Reagents

§  Blood Collection Needles

§  Hematology Reagents

§  Blood Collection Tubes

·         Blood Processing Devices and Consumables Market, by Geography

o   North America

o   Europe

o   Asia-Pacific

o   RoW

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

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Global Formaldehyde Market Is Expected To Reach USD 18.1 Billion By 2018: Transparency Market Research

Transparency Market Research has released a new market report titled “Formaldehyde Market for UF Resins, PF Resins, MF Resins, Polyacetal Resins, Pentaerythritol, MDI, 1, 4-Butanediol, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,” which observes that the formaldehyde demand in 2012 was worth USD 11.7 billion and is expected to generate the revenue of USD 18.1 billion by the end of 2018, growing at a CAGR of 7.5% between 2012 and 2018.

Browse the full report at http://www.transparencymarketresearch.com/formaldehyde-market.html

Rebound in the construction activity across the world is expected to drive demand for different kinds of formaldehyde resins in the next six years. This in turn is expected to propel the demand for formaldehyde in the years to come. Asia Pacific has been witnessing strong growth across key end-use industries of formaldehyde including construction, automobile and textiles. Volatile raw material prices are expected to be a key concern for formaldehyde manufacturers over the next five years. Growing health awareness and increasing environmental regulations are expected to restrict demand for formaldehyde derivatives and thus limiting the growth of formaldehyde market. In July 2010, the U.S. government imposed new formaldehyde emission regulation “Formaldehyde Standards for Composite Wood Products Act” for various products such as plywood, Medium Density Fiberboard (MDF), and others. Moreover, in Europe, REACH has already imposed stringent emission standards for formaldehyde emissions from wood products.

Urea formaldehyde resins (UF Resins) accounted for over 39% share of total formaldehyde volumes consumed in 2012. However, phenol formaldehyde (PF) resins are expected to exhibit fastest growth during the next six years. With over 13% share in total volume consumption, phenol formaldehyde resin was the second largest application market for the formaldehydes in 2011.

Construction, automobile, aerospace and textile are among the key end-user industries for formaldehyde. Construction industry has remained the most predominant end-user of formaldehyde with over 65.0% in total volume consumed in 2012.

Asia Pacific accounted for 57.7% share of total formaldehyde volume consumed in 2012. Moreover, the demand for formaldehyde in Asia Pacific is expected to show robust growth in the years to come. In 2012, Europe was the second leading geographic market for formaldehyde followed by North America. Some of the leading industry participants include Bayer AG, BASF SE, Celanese Corporation, Huntsman Corporation, Dynea Oy, Momentive Specialty Chemical Inc., Georgia Pacific Corporation, and Perstorp Formox AB.

Formaldehyde Market: Application Analysis

·         UF Resins

·         PF Resins

·         MF Resins

·         Polyacetal Resins

·         Pentaerythritol

·         Methylenebis (4-phenyl isocyanate) (MDI)

·         1,4-butanediol

·         Others

Formaldehyde Market: End Use Analysis

·         Construction

·         Others

Formaldehyde Market: Regional Analysis

·         North America

·         Europe

·         Asia Pacific

·         Rest of the world

About Us

TransparencyMarket Researchis a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Visit: http://www.transparencymarketresearch.com/

Browse the full report with TOC at 

http://www.transparencymarketresearch.com/formaldehyde-market.html

China Makes to Efforts to Bolster Domestic Solar Power Industry

China’s solar power industry has been reeling under the combined effects of falling prices and overcapacity. The country’s government, in a bid to support the ailing industry, has recently pledged to aid it further.

China’s Cabinet, the State Council, had announced earlier in July 2013 that the country aims to increase its solar power generation capacity fourfold by 2015 to reach an expected capacity of 35 gigawatts. This, according to officials, would help ease the current surplus in the solar power industry in China.

According to a statement that was published on the website of the State Council, China’s Ministry of Industry and Information Technology has been taking measures to further promote the growth and development of the photovoltaic industry.

The Ministry believes that as far as growth in the solar industry is concerned, consolidation of different enterprises would likely be the way forward. In view of this, the ministry is currently drafting various guidelines to promote acquisitions and mergers in the industry to promote standardization.

Currently, the ministry has also taken an initiative to promote technical innovation pertaining to solar power installations that are not connected to the main power grids. At the same time, the ministry has sad that it will be supporting initiatives geared towards the development and research of batteries that can store solar energy more efficiently.

Overall, the mood in the market, as created by the ministry, seems to be one that promotes orderly competition that will ultimately improve standardization.

According to a statement by the State Council recently, the solar industry had showed signs of recovery in 2013 as the industry recorded a 8GW increase in the total generating capacity of installed solar power. 

Gas Sensors Market is Expected to Reach USD 2.32 Billion Globally in 2018: Transparency Market Research

According to a new market report published by Transparency Market Research “Gas Sensors Market - Global Industry Size, Share, Trends, Analysis and Forecast, 2012 - 2018,” the global gas sensors market is expected to reach a value of USD 2.32 billion by 2018, at a CAGR of 5.7% from 2012 to 2018. Strengthening government regulations for exhaust emission control and growing concerns towards occupational safety and health are some important factors driving the demand for gas sensors, globally. Europe was the largest contributor to the global gas sensors market in 2012 accounting for around 30% share of the overall market. Asia Pacific, growing at a CAGR of 6.9% during the forecast period from 2012 to 2018, is expected to be the fastest growing regional market for gas sensors.

Browse the full report at http://www.transparencymarketresearch.com/gas-sensors-market.html

Some of the major gas sensing technologies include electrochemical, semiconductor, catalytic, infrared, PID (photoionization detector), and solid state among others. Gas sensors based on electrochemical and semiconductor gas sensing technologies held the largest market share of around 21% and 20%, respectively, in 2012. Better efficiency, fast response time, and cost effectiveness are some important factors that led to the growth of gas sensors based on these technologies.

The major application areas for gas sensors include automotive industry, petrochemical industry, manufacturing processes, and environmental applications among others. Gas sensors are primarily used for indoor and outdoor air quality monitoring and maintenance, detection of combustible and toxic gases, exhaust emission control in automobiles and others. Gas sensors are largely used in industrial applications to monitor and detect concentrations of various toxic and combustible gases.

Industrial applications is the largest end-user market for gas sensors that accounted for around 20% share in 2012 followed by automotive industry with a share of around 16% in 2012. Automotive gas sensor is the fastest growing segment and is expected to grow at a CAGR of 6.1% during the forecast period from 2012 to 2018. The growing incorporation of gas sensors in automobiles for comfort and safety of passengers is mainly responsible for the growth of the automotive gas sensors market. Gas sensors in automobiles are used for monitoring cabin air quality, exhaust gas emission control, and others. The medical sector is another important end-user industry for gas sensors which is expected to grow at a CAGR of 6.0% from 2012 to 2018. Gas sensors are used to detect the presence of anesthesia gases in operation theatres and also to detect gases such as nitrogen, helium and others. Growing use of gas sensors in breath analysis to check the health of patients is also driving the demand for gas sensors. Some other application areas of gas sensors include R&D laboratories, educational institutes, power generation, and others.

The major product segments of the gas sensors market include oxygen sensors (O2), carbon dioxide sensors (CO2), carbon monoxide sensors (CO), nitrous oxide sensors (NOx), and other gas sensors such as methane sensors, nitrogen sensors, hydrogen sensors etc. CO2 is the largest product segment that accounted for around 25% share of the total gas sensors market in 2012 followed by carbon monoxide gas sensors that held a share of around 15% of the total gas sensors market in the same year. High concentration of CO2 causes depletion of oxygen in the air and creates a hazardous situation for humans. One of the major reasons for the growth of CO2 sensors is its capability in detecting incipient spoilage in controlled packages and storage spaces.

Some of the major players engaged in gas sensors manufacturing include City Technology, Alphasense, Membrapor, Dynament, Figaro Engineering, and others. City Technology is leading the global gas sensor manufacturing and held a share of around 28% in 2012 followed by Alphasense and Membrapor in 2012.

The global gas sensors market is segmented as below:

Gas Sensors Market

By gas sensing technology

§  Electrochemical

§  Semiconductor

§  Solid state

§  PID

§  Catalytic

§  Infrared

§  Others (paramagnetic, thermal conductivity, and so on)

By product

§  Oxygen sensor

§  Carbon dioxide sensor

§  Carbon monoxide sensor

§  Nitrous oxide sensor

§  Others (Methane, Ammonia, Hydrocarbons, and so on)

By end use industry

§  Medical

§  Petrochemical

§  Automotive

§  Environmental

§  Building automation and domestic appliance

§  Industrial

§  Others (R&D laboratories, educational institutes, and so on)

By geography

§  North America

§  Europe

§  Asia Pacific

§  Rest of the World (RoW)

About Us

TransparencyMarket Researchis a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Visit: http://www.transparencymarketresearch.com/

Browse the full report with TOC at 

http://www.transparencymarketresearch.com/gas-sensors-market.html

Coaxial Cable Market is expected to Reach USD 3.1 Billion in North America by 2018: Transparency Market Research

According to a new market research report published by Transparency Market Research “Coaxial Cable Market – North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,” the North America market is expected to reach a value of USD 3.1 billion by 2018, at a CAGR of 7.2% from 2012 to 2018. This growth is primarily attributed to the rising need for accessing high speed internet and high definition videos over home connected devices in multiple rooms. The U.S represented the largest market for coaxial cables with a market share of 59.2% in 2012. Mexico and Canada are expected to see significant growth for coaxial cables because of rising investments in telecom, broadband and broadcasting sectors for improving communication infrastructure.

Browse the full report at http://www.transparencymarketresearch.com/coaxial-cable-market.html

In terms of applications, the video distribution segment is expected to remain the fastest growing segment for the North America coaxial cables market. This segment is expected to grow at a CAGR of 7.5% through the estimated period of 2012 – 2018. The growth of this segment is primarily attributed to growing popularity of Video-on-Demand (VoD), Internet Protocol and Over-the-Top (OTT) services to access high definition videos over home interconnected devices.

Coaxial cables are widely used in data communication and in manufacturing of communication equipment and devices. End-users for coaxial cables include CATV companies, internet service providers, telephone service providers, military and aerospace industry, system integrators, construction industry and communication equipment manufacturers for medical, marine, automobile and other industries. Internet service providers are the largest end-user segment of coaxial cables in North America. This segment is expected to maintain its dominating position due to growing number of IPTV and internet service providers in the region through the estimated period.

The North America coaxial cable industry looks very competitive with large number of multinational and domestic manufacturers. No single player has a stronghold on this market and the top five players accounted for about 55% of the overall market share. Some key manufacturers of coaxial cable in North America include TE Connectivity, General Cable, LS Cable and Systems, Belden, Amphenol and Coleman.

The North America coaxial cable market is segmented as below:

North America Coaxial Cable Market

By application

§  Video distribution

§  Radio Frequency (RF) transfer

§  Internet data transfer

By end-user

§  CATV companies

§  System integrators

§  Military and aerospace

§  Telephone service providers

§  Internet service providers

§  Construction industry

§  Other (Medical, Marine, Automobile and other OEMs)

By Country

§  U.S.

§  Canada

§  Mexico

  

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Visit: http://de.transparencymarketresearch.com/

Browse the full report with TOC at 

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Macy’s to go Leaner by Shutting Five Stores and Cutting 2,500 Jobs

Nearly 2,500 employees of Macy’s are likely to face the axe in the coming days, with the company also deciding to down the shutters on five of its stores. At the same time, Macy’s announced that it will be consolidating and restructuring its regional management and merchandise planning employees.

The company feels that it can potentially improve efficiency in certain specific areas, without having to compromise its customer service levels. Macy’s CEO Terry Lundgren said that the company will continue to address the evolving needs of its customers even as it makes improvements in specific areas.

According to Macy’s, these changes that it plans to bring about, are likely to help the company save up to USD 100 million annually. This news sent sheers among investors and as a result, the company’s shares saw a 6.4% spike in after-hours trading.

According to industry analysts, this decision by Macy’s is what one would expect from a management that’s heads up. This is being hailed as a proactive and favorable step.

Once the changes have taken effect, Macy’s would be operating 844 stores in all that would employ approximately 175,000 associates. Earlier, in 2012 and 2013, the company had announced that it had eight new stores on the cards. But these stores are still either in the planning stage or are being constructed.

On the day Macy’s made this announcement, its rival J.C. Penny’s stocks had sunk over 10% post the retailer’s release of an ambiguous statement about its holiday season sales performance. J.C. Penny’s statement simply stated that though the company was ‘pleased’ with its holiday season sales, it did not give away any figures reflecting the same.

Soon, eBooks That Smell and Feel Like Printed Paper Books

If you count yourself among those who love reading but haven’t yet made the switch over to ebooks because they’re nowhere close to realm books, this might be of interest to you. A team of scientists in China is currently working on creating ebooks that not only feel like real books, but carry that distinctive smell of paper too. There are hundreds of book lovers that love the smell of books as much as they love reading itself. And this new innovation is aimed at getting such people make a seamless switch over to ebooks.

The team of Chinese scientists—funded by the National Natural Science Foundation of China—is currently working on the development of metal ink using small copper sheets. This ink can be used for etching a flexible electric circuit that can actually be printed on regular paper that is used worldwide. These facts were made known in a study that was recently published in the ACS Applied Materials and Interfaces journal.

In addition to just ebooks, this conductive metal ink could be used in hundreds of innovative ways in other types of bendable gadgets too, including ebooks that can be bent and read much like conventional paperback books.

The scientists have made extensive use of nanosheets of copper in order to create the conductive ink. These sheets are highly conductive without being expensive, and hence are likely to prove a feasible option in this experiment. The scientists chose silver nanoparticles to coat the copper nanosheets. This combined material was incorporated into a fountain pen, allowing scientists to draw lines and patterns of their choice on regular paper.

The scientists even proved that the ink was conductive by fixing miniature LED lights into it. These lights lit up on connecting a battery to the circuit. They also tested the flexibility of the ink by crumpling the paper up to 1000 times, despite which 80% to 90% of the ink’s conductivity was retained.