Blood Pressure Monitoring Testing Market is Expected to Reach USD 3.7 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Blood Pressure Monitoring Testing Market (Sphygmomanometer, Automated Blood Pressure Monitors, Ambulatory Blood Pressure Monitors, Blood Pressure Transducers and Blood Pressure Instrument Accessories) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,”the global blood pressure monitoring testing market was valued at USD 1,713.3 million in 2012 and is estimated to reach a market worth USD 3,661.3 million in 2019 at a CAGR of 11.5% from 2013 to 2019.

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

Hypertension is one of the leading causes of heart diseases and strokes globally. The exact cause of high blood pressure is unknown but it develops with changing lifestyle and growing age. Rise in prevalence of high/low blood pressure is attributed to sedentary lifestyle, lack of physical activity geriatric population and rising stress. Blood pressure monitors are widely used by physicians in clinics, hospitals and even by patients themselves at home for self-monitoring. With the rising incidence rate of hypertension there is an increase in awareness about monitoring techniques, creating a substantial rise in demand for blood pressure monitoring devices. There are various social, behavioral and metabolic factors that determine and contribute to the development of high blood pressure (hypertension).

The blood pressure monitoring and testing market can be segmented as sphygmomanometers, automated blood pressure monitors, ambulatory blood pressure monitors, blood pressure transducers, and blood pressure instrument accessories. Manufacturers are coming up with new and innovative digital blood pressure monitoring devices that are easy to use and provide accurate readings instantly. The digital sphygmomanometers market is expected to grow at a faster rate compared to other types of sphygmomanometers (mercury and aneroid) as they are easier to use and provide comparatively accurate results. Technological advancement is another important factor responsible for the growth of this market. mHealth is the new technological breakthrough in the healthcare market, where ubiquitous mobile technology supports the growth and successful implementation of mobile technology in healthcare industry. Prevention and early detection are the important factors for regular monitoring. Hence, mobile and portable devices would help the patient population to monitor their parameters. Devices when connected wirelessly would automatically transmit the required data of the patients to healthcare professionals.

The North American market accounted for the largest share of more than 40% in 2012 and is expected to dominate the market during the forecasted period. This accelerated growth is mainly due to rising population, sedentary lifestyle, increasing stress and changing lifestyles. It is estimated that one in every three Americans suffer from hypertension and an individual is three times more susceptible to heart diseases when suffering from hypertension. The Asia-Pacific region is expected to grow at the highest CAGR of over 12% from 2013 to 2019, due to expanding population base coupled with a sedentary lifestyle, triggering growth in this region. Prevalence of high blood pressure is more rampant in low or middle income countries as compared to high-income countries due to a growing number of people with undiagnosed, uncontrolled and untreated high blood pressure.

The blood pressure monitoring testing market is presently witnessing intense competition from the key market players. To gain a proficient market share, manufacturers are coming up with cost effective, easy to use and innovative products. The prominent companies in the global blood pressure monitoring testing market include A&D Medical, GE Healthcare, Omron Healthcare, Philips Healthcare, SunTech Medical among others.

The Blood Pressure Monitoring Testing market is segmented as follows:

·         Blood Pressure Monitoring Testing Market, by Segments

o   Sphygmomanometers

o   Automated Blood Pressure Monitors

o   Ambulatory Blood Pressure Monitors

o   Blood Pressure Transducers

o   Blood Pressure Instrument Accessories

·         Blood Pressure Monitoring Testing Market, by Geography

o   North America

o   Europe

o   Asia-Pacific

o   Rest of the World (RoW)

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

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. Our experienced team of Analysts, Researchers, and Consultants, 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

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Global Medical Tourism Market is Expected to Reach USD 32.5 Billion in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Medical Tourism Market (India, Thailand, Singapore, Malaysia, Mexico, Brazil, Taiwan, Turkey, South Korea, Costa Rica, Poland, Dubai and Philippines) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global medical tourism market was valued at USD 10.5 billion in 2012 and is estimated to reach a market worth USD 32.5 billion in 2019 at a CAGR of 17.9% from 2013 to 2019.

Browse the full report at http://www.transparencymarketresearch.com/medical-tourism.html

Medical tourism is defined as an act of travel of patients from their home country to other destinations for availing medical services. Rise in healthcare costs in developed countries coupled with the availability of high quality medical services at a low cost in developing countries have given a boost to the medical tourism industry. These medical services range from elective procedures such as cosmetic surgeries to complicated surgeries such as cardiac, orthopedics, neurosurgery and others. Significant growth in this industry is due to economic developments in developing countries that in turn has led to the growth in the medical industry and quality of medical services. Rise in the healthcare expenditure in developed countries coupled with in the growing elderly population has also contributed to the gowth of the medical tourism across the globe. Economic crisis in the U.S., increased the number of uninsured population, consequently further triggering the growth of this market. Recently, there are approximately 50 million uninsured Americans that are willing to travel abroad for affordable and quality medical care. Globalization and improved communication technology act as a catalyst to boost the growth of this industry.

The development of medical tourism industry is based on several factors such as reduced cost of procedures, long waiting time and high demand for cosmetic surgeries. Medical travel is not only witnessed for intricate procedures but is also expanding due to growing demand for cosmetic and dental procedures since these are usually not reimbursed under regular health insurance policies. Patients travelling abroad can save from 30% to 90% on a procedure, including their travel expenditures, as compared to the medical costs in their own countries. Long waiting time is another factor which has substantially boosted the growth of this industry. Patients based in Canada and U.K travel to low cost destinations for their treatments in order to avoid long waiting periods in their own countries and receive timely access to serious ailments.

Medical tourism industry is dominated by the Asian region that has captured the maximum share of the market. This region is highly competitive owing to the presence of technologically advanced medical specialties, less stringent government regulations and attractive locations. Thailand and India are recognized internationally for their high end medical services and receive patients from across the globe. Singapore is renowned for its healthcare infrastructure and receives patients primarily for complex medical procedures. Thailand, India and Singapore accounted for approximately 60% of the total revenue of the Asian region in 2012. The Latin American countries such as Brazil and Mexico attract maximum number of patients from the U.S owing to the geographic proximity and cultural similarities. Similarly, growth in Turkey is witnessed on account of growing demand of cosmetic surgeries.

However, a paradigm shift in the market is seen owing to strong competition among the players of this industry. Malaysia is poised to have a significant growth in this market and is likely to emerge as a fastest growing country in terms of medical tourism with a CAGR of over 25% from 2013 to 2019. This advent in Malaysian medical tourism market is due to cost advantage over Thailand and Singapore. Moreover, rise in popularity of Malaysian region is attributed to many factors such as advanced healthcare infrastructure, highly skilled professionals, visa benefits and others. Additionally, robust government support for promotion of Malaysian medical tourism has propelled the growth in this nation.

Moreover, increase in the government initiatives and growing inclination of private sector hospitals towards medical tourism is further supplanting the growth of this market. Key healthcare providers in this industry include Apollo Hospitals Enterprise Ltd., Bumrumgrad International Hospital, Bangkok Medical Center, Prince Court Medical Center and others.

The Medical Tourism market is segmented as follows:

·         Medical Tourism Market, by Geography

o   India

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  India Inbound Medical Tourism (No. of patients)

§  India Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Thailand

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Thailand Inbound Medical Tourism ( No. of patients)

§  Thailand Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Singapore

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Singapore Inbound Medical Tourism ( No. of patients)

§  Singapore Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Malaysia

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Malaysia Inbound Medical Tourism ( No. of patients)

§  Malaysia Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Mexico

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Mexico Inbound Medical Tourism ( No. of patients)

§  Mexico Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Brazil

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Brazil Inbound Medical Tourism ( No. of patients)

§  Brazil Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Taiwan

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Taiwan Inbound Medical Tourism ( No. of patients)

§  Taiwan Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Turkey

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  Turkey Inbound Medical Tourism ( No. of patients)

§  Turkey Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   South Korea

§  Overview

§  Cost Comparison of Procedures

§  SWOT Analysis

§  Government Support

§  South Korea Inbound Medical Tourism ( No. of patients)

§  South Korea Medical Tourism: Top Revenue Contributing Country (%) (2012)

o   Prospective countries

§  Costa Rica

§  Poland

§  Dubai

§  Philippines

Browse the full report at http://www.transparencymarketresearch.com/medical-tourism.html

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. Our experienced team of Analysts, Researchers, and Consultants, 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

Ms. 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

Website: http://www.transparencymarketresearch.com/

Global Home Automation Market to Reach USD 16.4 Billion by 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Home Automation Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019,” the market was valued at USD 3.6 billion in 2012 and is expected to reach USD 16.4 billion by 2019, growing at a CAGR of 24.6% from 2013 to 2019.

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

Underpinning demand for a universal solution, which is easy to install and integrate with different sub-systems in a home has induced a disruptive growth phase in the industry. Broadband service providers, telcos, utilities and others, who are entering the market with packaged/bundled services, have further intensified competition in the market. This has made end-consumers as final beneficiaries, who are able to reap benefits of price competitiveness. However, with entry of large number of players across all levels of supply chain, the market has been witnessing a piling of too many solutions available to end consumers. Subsequently, proprietary platform based systems have outnumbered the open-platform systems which has made things complex for end-users.

Standing at the point of inflection, home automation market is estimated to see North America retain its position as the largest market. Revival of construction activities, especially on new residential buildings and renovations, is expected to support market growth in the region. Of all the applications of home automation systems, growing consumer preference for safety and security solutions is expected to result in ‘safety and security segment’ dominate market growth across all these regions. Energy management and HVAC automation systems too are expected to see a similar growth phase towards second half of the forecast period. Deployment of smart meters and need to curb household energy bills is further expected to drive the demand for such systems, especially in Europe and North America, which are at the forefront of smart meter installation.

Among networking platforms available, wireless systems are estimated to account for more than half the market share. Their revenue contribution is further expected to increase with the growth of alliances such as Zigbee, Z-Wave, and KNX. However, with the potential entry of Wi-Fi Direct and its possible adoption by Apple may disrupt expected market gains by other wireless technologies in the market. This is even expected to bring DIY type of automation solutions to the forefront of the home automation market, which till now was dominated by luxury systems, with mainstream systems and managed automation services showing promising growth signs. Amidst growing popularity of wireless technologies, power-line and fixed-wire home automation systems are forecast to see decline in market share.

Some of the key market players include Crestron Electronics, Inc., ADT Corporation, AMX LLC, and Control4 Corporation; accounting for more than 35% of the market share. A large part of the market is catered by players specializing in specific applications and those with generalized solutions. Other key participants include Lutron Electronics Company, Inc., ABB Ltd., Nortek, Inc., Vantage Controls, Schneider Electric SA, SoftAtHome, LivingTech, among others.

The report analyzes the global home automation market in terms of revenue (USD million). The market has been segmented as follows:

Home Automation Market, By Application:

·         Entertainment (home A/V)

·         Lighting

·         Safety and Security

·         HVAC

·         Energy Management

·         Others (home robotics and home healthcare)

Home Automation Market, By Networking Technology:

·         Wired

·         Power-line

·         Computing Networks

·         Wireless

o   Wi-Fi

o   Zigbee

o   Z-Wave

o   KNX

o   Others (Insteon, Wavenis, and X-10)

Home Automation Market, By Type (mode of entry):

·         Luxury

·         DIY (Do-it-yourself)

·         Mainstream

·         Managed Services

Home Automation Market, By Geography:

·         North America

o   U.S.

o   Canada

o   Mexico

·         Europe

o   Germany

o   UK

o   France

o   Italy

o   Scandinavia

o   Rest of Europe

·         Asia Pacific

o   China

o   India

o   Japan

o   South Korea

o   Australia

o   Taiwan

o   Rest of Asia Pacific

·         Rest of World (RoW)

o   South America

o   Middle East

o   Africa

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

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. Our highly experienced team of Analysts, Researchers, and Consultants, 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

Ms. 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

Website: http://www.transparencymarketresearch.com/

Clinical Laboratory Services Market is Expected to Reach USD 241.37 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Clinical Laboratory Services Market (Clinical Chemistry, Medical Microbiology & Cytology, Human & Tumor Genetics and Other Esoteric Tests) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global clinical laboratory services market was valued at USD 162.71 billion in 2012 and is expected to grow at a CAGR of 5.8% from 2013 to 2019, to reach an estimated value of USD 241.37 billion in 2019.

Browse the full report at http://www.transparencymarketresearch.com/clinical-laboratory-services-market.html

Clinical laboratories refer to the centers for conducting diagnostic testing and related services to identify disease causes, level of progression (stage) of the disease, resultant abnormalities and imbalances in the physiology, and other such factors. Along with processing samples and generating patient reports, players in this market also offer informatics solutions which help in effective data management for the large volume of tests ordered and performed each day. The global market for clinical laboratory services is expected to grow at a CAGR of 5.8% during the forecast period due to the increasing incidence rates of diseases worldwide along with the introduction of newer and sophisticated diagnostic tests.

The market for clinical laboratory services has been segmented by different categories of tests performed such as clinical chemistry, genetic tests, medical microbiology & cytology tests and other esoteric tests. The market for medical microbiology & cytology tests is expected to grow at the highest CAGR of 7.1% during the forecast period due to the increasing burden of infectious diseases globally, that demands large testing volume capacities from clinical laboratories. Although core laboratory tests, which constitute the clinical chemistry market segment, are basic tests extensively conducted across patient populations, this market segment is expected to witness mediocre growth at a CAGR of 5.3%. This is due to the limited scope for innovation in this market in terms of developing newer tests and the growing importance of informatics solutions in the same.

On the basis of geographic regions, this market was studied with reference to North America, Europe, Asia-Pacific and Rest of the World. North America and Asia-Pacific regions are expected to emerge as highly attractive markets for clinical laboratory services in the future, in terms of market revenue and growth respectively. The market is divided into three major types of service providers- clinic-based, hospital-based and stand-alone laboratories. Of these, hospital-based laboratories generate the maximum revenue globally are expected to continue to do so during the forecast period.

The market for clinical laboratory services is fragmented, with Quest Diagnostics, Inc. (U.S.) and Laboratory Corporation of America Holdings (U.S.) dominating the market in terms of revenue generation. Some of the other key players include Sonic Healthcare (Australia), Genoptix Medical Laboratory (U.S.), Labco S.A. (France), Healthscope Ltd. (Australia), Bio-Reference Laboratories (U.S.), and Bioscientia Healthcare (Germany).

The global clinical laboratory services market is segmented as follows:

Clinical Laboratory Services Market, by Test Type

• Clinical Chemistry
• Medical Microbiology & Cytology
• Human & Tumor Genetics
• Other Esoteric Tests

Clinical Laboratory Services Market, by Service Provider

• Clinic-based
• Hospital-based
• Stand-alone

Clinical Laboratory Services Market, by Geography

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World (RoW)

Browse the full report at http://www.transparencymarketresearch.com/clinical-laboratory-services-market.html

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. Our experienced team of Analysts, Researchers, and Consultants, 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

Ms. 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

Website: http://www.transparencymarketresearch.com/

Global Solar Tracker Market Annual Installed Capacity is Expected to Reach 6,998.8 MW in 2020: Transparency Market Research

According to a new market report published by Transparency Market Research “Solar Trackers (Single Axis and Dual Axis) Market for Solar PV, CPV, CSP Technology in Utility and Non Utility Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2010 - 2020,” global solar tracker annual installed capacity was 1,188.5 MW in 2010 and estimated to reach 6,998.8 MW in 2020.

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

Increasing use of photovoltaics method due to rise in electricity prices is enhancing the demand for solar tracker to increase the efficiency of installed solar systems. It helps in reducing the overall operational cost of installed solar system and is very beneficial in the long run. Supportive regulatory system has resulted in the launch of a wide range of policies and feed in tariff (FIT) schemes providing huge incentives for using solar energy, thereby boosting the demand for solar trackers. High manufacturing, installation, and maintenance cost is expected to be a key challenge for market participants.

Solar PV was the major technology used for the installation of solar trackers in 2010 and capturing over 53% of the market. But by 2020 the demand for other technologies such as concentrated photovoltaic (CPV) and concentrated solar power (CSP) is expected to rise. In 2020, CPV is estimated to capture over 19% of the market with an annual installation capacity of 1,357.4 MW. Furthermore, the market is categorized as per products and applications. Single axis and dual axis are the two types of trackers with single axis trackers dominating the market and accounted for over 94% of the market in 2010. Utility applications are expected to dominate tracker installations by 2020.

Europe dominated the global solar tracker market in terms of annual installations, accounting for 62.47% of the overall market in 2010. Spain, Italy, Germany and Greece, the key regional markets in Europe are expected to witness a surge in solar tracker demand owing to a favorable regulatory scenario, huge subsidies and high potential. North America annual solar tracker market installations are estimated to reach 2,168.5 MW in 2020 while Latin America solar tracker market is expected to be 1,744.4 in 2020.

Some of the key market participants that deal in solar trackers include Abengoa Solar, AllEarth Renewables, Array Technologies, DEGERenergie, Ecosun Ltd, Energia Ercam, Mecasolar, Titan Tracker, Mechatron, SmartTrak, and Soitec. The report provides an overview of these companies followed by their financial revenue, business strategies, and recent developments.

This research analyzes and estimates the performance and installation of solar trackers in the global scenario, providing detailed trend analysis of the market by geography and comprehensive analysis of companies that are dealing in solar trackers. The report presents a thorough assessment of the strategies followed by different stakeholders by segmenting the solar tracker market as below:

§  Solar Tracker Market: Technology Analysis

o   Solar PV

o   Concentrated Photovoltaic (CPV)

o   Concentrated Solar Power (CSP)

§  Solar Tracker Market: Product Analysis

o   Single Axis

o   Dual Axis

§  Solar Tracker Market: Application Analysis

o   Utility

o   Non Utility

§  Solar Tracker Market: Regional Analysis

o   North America

§  U.S.

§  Canada

§  Europe

§  Spain

§  Germany

§  Greece

§  Italy

o   Asia Pacific

§  China

§  India

§  Japan

o   Latin America

§  Brazil

§  Chile

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

About Us

Transparency Market Research (TMR) 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. TMR’s experienced team of Analysts, Researchers, and Consultants, 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

Ms. 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

Website: http://www.transparencymarketresearch.com