Global Acetic Acid Market is Expected to Reach USD 10.31 billion in 2018: Transparency Market Research

According to a new market report published by Transparency Market Research “Acetic Acid Market for VAM, PTA, Acetate Esters, Acetic Anhydride and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”, the global acetic acid market was valued at USD 5.93 billion in 2011 and is expected to reach USD 10.31 billion by 2018, growing at a CAGR of 9.3% over the forecast period from 2012 to 2018. In terms of volume, global demand was 9,612.5 kilo tons in 2011 and is expected to grow at a CAGR of 4.8% over the forecast period from 2012 to 2018.

Browse the full Acetic Acid Market Report at http://www.transparencymarketresearch.com/acetic-acid-market.html

Vinyl acetate monomer (VAM) and purified terephthalic acid (PTA), which are major applications of acetic acid together accounted for over 55% of the global consumption in 2011. Growing demand of both the applications from the end-use industries such as adhesives, sealants and packaging has been fueling market growth. However, volatile raw material prices may a pose a challenge to the industry participants in the coming future.

Vinyl acetate monomer (VAM) dominated market demand and accounted for 32.5% of the global acetic acid consumption in 2011. VAM demand is expected to remain strong over the next five years owing to growth of global adhesives and sealants industry. PTA followed VAM in terms of consumption and is expected to be fastest growing market at an estimated CAGR of 5.4% over the forecast period from 2012 to 2018. PTA application is expected to show substantial growth on the account of growing demand from polyethylene terephthalate (PET) and other end-uses. Other applications acetate esters and acetic anhydride together accounted for 27.3% of the global consumption in 2011.

China emerged as the leading consumer of acetic acid with 36.2% of the global demand in 2011. Strong economic growth coupled with rapid industrialization is expected to boost the acetic acid market in the region. In addition, China is also expected to be the fastest growing market at an estimated CAGR of 5.4%, from 2012 to 2018. North America and Europe followed the Asian market and are expected to experience moderate growth due to saturated demand from end-use industries.

 The global acetic acid market is highly concentrated with the top four market participants accounting for over 60% of the global market in 2011. Key participants in the market include Cleanse Corporation, British Petroleum PLC., JinagsuSopo, Eastman Chemical, LyondellBasell, SABIC and Yancon Cathay Chemicals.

The report segments the global acetic acid market as,

Acetic acid Market: Application Analysis,

o   Vinyl acetate monomer (VAM)

o   Purified terephthalic acid (PTA)

o   Acetate esters

o   Acetic anhydride

o   Other (pharmaceuticals, food, etc)

Acetic acid Market: Regional Analysis,

o   North America

o   Europe

o   China

o   Rest of Asia Pacific

o   Rest of the World

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.

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Browse the full Acetic Acid Market Report at http://www.transparencymarketresearch.com/acetic-acid-market.html

Intelligent Transportation System (ITS) Market is expected to reach USD 30.2 Billion by 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Intelligent Transportation System (ITS) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” the global market is expected to reach a value of USD 30.2 billion by 2019, at a CAGR of 11.1% from 2013 to 2019.

The demand of ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only reduces traffic, but also reduces number of accidents and improves quality of life by controlling vehicle emission levels. In addition, these systems reduce financial burden on countries by reducing fuel consumptions and traveling delays. These benefits of ITS systems are motivating both developed and developing countries to invest in these technologies instead of spending huge amount on transportation network expansion.

Browse the full Intelligent Transportation System (ITS) Market Report at http://www.transparencymarketresearch.com/intelligent-transportation-system-market.html

Advanced transportation management systems (ATMS) used for traffic control and management accounted for the largest revenue share of 42.1% of the overall market. Significant investment is expected in this segment with increasing traffic problems in both developed and developing economies across the world. Advanced vehicle pricing systems which include electronic toll collection, congestion pricing, vehicle mile travel and other road user charging systems are expected to have a huge demand across the world. This is due to the increasing attention of highway and local transportation operators to reduce traffic on both urban and inter-urban transportation networks.

Traffic management and road user charging were two dominating applications with a share of 58% in 2012. Environment protection is emerging as well as the fastest growing application of ITS. In addition, automotive telematics is another major segment in ITS applications. Huge demand for vehicle position systems and navigation systems are expected from both vehicle manufacturers and owners due to increasing need to access real-time information. Advancement in wireless technologies are playing important role in the development of automotive telematics market. In wireless technologies, market is moving from dedicated short range communication (DSRC) technology to more sophisticated satellite based vehicle positioning systems (VPS) due to their higher adaptability and flexibility.

 Global ITS market was dominated by North America and accounted for 42.2% of the revenue share in 2012. Government initiative and promotional activities particularly in the U.S. increased the demand for ITS systems in both public and private sector in North America. Asia-Pacific is the fastest growing region in the global market through the estimated period and huge investment is expected from developing countries including India, China, Thailand and Malaysia. In addition, large development in ITS market is expected in Middle East, Africa and South America as countries in these regions are investing in the transportation sector to support their economic growth.

Global ITS industry looks very competitive with large numbers of multinational and domestic hardware, software and end-use solution suppliers. The major players in the global ITS market include Siemens AG (Germany), Kapsch TrafficCom AG(Austria), Hitachi Ltd (Japan), Q-Free ASA (Norway), TomTom NV (Netherlands), Denso Corp (Japan), Xerox (U.S.) and others.

The global intelligent transportation system market is segmented as below:

By type

§  Advanced traveler information systems (ATIS)

§  Advanced transportation management systems (ATMS)

§  Advanced transportation pricing systems (ATPS)

§  Advanced public transportation systems (APTS)

§  Cooperative systems

By application

§  Traffic management

§  Road safety and surveillance

§  Freight management

§  Public transport

§  Environment protection

§  Automotive telematics

§  Parking management

§  Road user charging

By Geography

§  North America

o   U.S.

o   Canada

o   Mexico

§  Europe

o   UK

o   Germany

o   Italy

o   Russia

o   Rest of Europe

§  Asia-Pacific

o   Australia

o   China

o   India

o   Japan

o   Singapore

o   Korea

o   Rest of Asia-Pacific

§  Rest of the World

o   Middle East

o   South America

o   Africa

About Us

Transparency Market Research (TMR) is a 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 business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.

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

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Browse the full Intelligent Transportation System (ITS) Market Report at http://www.transparencymarketresearch.com/intelligent-transportation-system-market.html

E-Cigarettes have Huge Potential in Helping People Quit Smoking – Study Suggests

Researchers have found evidences suggesting that the use of e-cigarettes work better than most nicotine-based products, therapies or professional help or will-power in helping smokers quit cigarette – with chances counting more than 60%.

The findings are gathered from study conducted on almost 6,000 smokers over duration of five years.

Smoking is well known to be the world’s number one killer from diseases such as lung cancer and a variety of cardiovascular and chronic respiratory diseases.

E-cigarettes, as the research study suggests, could have an important role in eradicating this murderous addiction of smoking from the world, an addiction that is slowly and steadily clenching many innocent lives from over the world within its dangerous grip.

E-cigarettes have huge widespread appeal and an array of health gains associated with smoking cessation – an overall reduction in the number of tobacco related deaths from lung cancer and many other chronic respiratory diseases.

The study was led by Robert West, Epidemiology and Public Health Department, University College, London. It surveyed 5,863 subjects between the years 2009 to 2014; all of these smokers have tried quitting the habit by using professional help or prescription drugs, seeing little success.

The research has found out that of the number of people studied, only 10% reported to having quitting cigarettes with the aid of traditional de-addiction means, while nearly 20% of the ones who sought the use of e-cigarettes were able to quit smoking. Of the number of people who resided on will power only to quit smoking, 15% were found to have succeeded.

E-cigarettes are essentially cigarettes – keeping the shape and idea of supplying a stimulant to the bloodstream by inhaling it. They are electronic devices that contain a flavored liquid – not limited to but commonly based on nicotine, a major constituent of tobacco but considered largely harmless - that delivers the flavor directly in the bloodstream in the form of water vapors rather than in the smoke form from burning tobacco in conventional cigarettes.

Anesthesia and Respiratory Devices Market is Expected to Reach USD 21.6 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Anesthesia and Respiratory Devices Market (Anesthesia Workstation, Anesthesia Delivery Machines, Ventilators, Monitors, Nebulizers & Respiratory Inhalers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global anesthesia and respiratory devices market was valued at USD 11.2 billion in 2012 and is expected to grow at a CAGR of 9.8% from 2013 to 2019, to reach an estimated value of USD 21.6 billion in 2019.

Browse the full Anesthesia and Respiratory Devices Market Report at http://www.transparencymarketresearch.com/anesthesia-respiratory-devices.html

Rise in the number of respiratory diseases such as chronic obstructive pulmonary diseases (COPDs), asthma and Obstructive Sleep Apnea (OSA) are primary factors driving the growth of this market. A considerable rise in the total number of surgeries conducted globally has also boosted the growth of anesthesia devices market. Sophistication and persistent technological advances by respiratory and anesthesia devices manufacturers is another driving factor for the growth of this industry Moreover, merger of information technology and nanotechnology into these devices has helped in miniaturization of these devices. The shift of patient preference from hospital care devices to home healthcare devices has further accelerated growth and encouraged the provision of easy to use and portable devices that have paved a new way to revive this once mature market.

Saturation in western countries, especially the U.S. and Europe, coupled with unfavorable taxation policies has negatively affected the growth of the market in these regions. Companies are now vying for growth in emerging markets namely India, China and Brazil. The major players in this industry are also facing stiff competition from the regional manufacturers of these countries. However, robust R&D and continuous innovation has helped the big players of this market to retain their strong position in the market. In addition manufacturers such as GE Healthcare, Philips Healthcare, Teleflex and Drager have created a strong brand image with high end quality products supporting their strong market position.

The anesthesia machines market was valued to be USD 3.0 billion in year 2012 and is expected to grow at a healthy rate. Moreover, the anesthesia disposables market which includes anesthesia masks and anesthesia accessories is expected to have the fastest growth of the total anesthesia devices market by 2019. The respiratory devices market includes respiratory equipments, disposables and measurement devices market. The total respiratory devices market was valued to be USD 6.2 billion and is anticipated to have a strong growth in the coming years of forecast. Moreover, the respiratory measurement devices market is expected to grow at a growth rate of over 7% from 2013 to 2019.

 Geographically the North American market accounted for the largest share of anesthesia and respiratory devices and is valued at more than USD 4 billion in 2012. However, Asian countries namely India and China are witnessing fast growth and are predicted to emerge as dominating markets in the near future owing to rise in awareness and increased disposable income in these nations.

The major players of this market are GE Healthcare, Drager, Philips Healthcare, Covidien, Teleflex and others. Recently, GE Healthcare introduced iVent 101 Signature which is a portable ventilator and provides comprehensive pressure support therapy. Thus, the companies in this industry are now focusing on providing easy to use and portable devices for home care monitoring.

The anesthesia and respiratory devices market is segmented as follows:

Anesthesia Devices Market, By Types

·         Anesthesia Machines

·         Anesthesia Disposables

Respiratory Devices Market, By Types

·         Respiratory Equipments

·         Respiratory Disposables

·         Respiratory Measurement Devices

Anesthesia and Respiratory Devices Market, by Geography

·         North America

·         Europe

·         Asia Pacific

·         Rest of the World (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. 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/

Browse the full Anesthesia and Respiratory Devices Market Report at http://www.transparencymarketresearch.com/anesthesia-respiratory-devices.html

Diagnostic Testing of STDs Market is Expected to Reach USD 108.5 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Diagnostic Testing of STDs Market (Laboratory Testing, Point-Of-Care Testing, Laboratory Equipment and Supplies) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” the global Diagnostic Testing of STDs market was valued at USD 65.9 billion in 2012 and is expected to grow at a CAGR of 8.1% from 2013 to 2019, to reach an estimated value of USD 108.5 billion in 2019.

Browse the full Diagnostic Testing of STDs Market Report at http://www.transparencymarketresearch.com/diagnostic-testing-stds.html

Sexually Transmitted Diseases (STDs) spread primarily through person-to-person sexual contacts. STDs result in high morbidity in adults and also result in complications such as infertility in both men and women, ectopic pregnancy, cervical cancer in women and congenital mortality and other infections and complications. STDs are a health issue that majorly affect populace aged 15 - 44 years and results in ~500 million new infections or cases per year globally. Undiagnosed (that often results in untreated cases) STDs can have critical implications for reproductive, maternal and newborn health. WHO has highlighted the need and prioritizing control of STDs. In May 2006, the World Health Assembly endorsed a global strategy for the prevention and control of STDs and identified action-points of scale-up of effective services of STDs case management and counseling via: Screening and Diagnostic Testing and Treatment. Timely diagnosis of STDs is thus imperative for prevention of transmission, control and reducing the risk of incurable and fatal STD infections.

STDs are caused by bacteria, viruses and parasites. Some of the most prevalent STDs that are studied are: Chlamydia, Gonorrhea, P&S Syphilis, Chancroid, AIDS (causative agent - HIV), Genital Herpes (causative agent - Herpes Simplex Virus (HSV)), Genital Warts, Cervical Cancer, Anal Cancer, Vulval/Vaginal Cancer, Penal Cancer, (few types) of Oral and Throat Cancers (causative agent - Human Papilloma Virus (HPV)). The market size of diagnostic testing of above-mentioned STDs thus refers to the testing volume by each STD type and the value of the testing services rendered in USD million.

Globally, the HPV testing is a high growth market segment that is expected to grow at very high CAGR of over 70% during the forecast period till 2019. HPV is of two types - Low-risk HPV manifest as warts and High-risk HPV that cause varied forms of cancer. The prevalence and incidence rates and number of cases for Low-risk HPV infections depends on the first presentation of warts by the patients and Low-risk HPV diagnostic tests cannot be of ‘screening’ nature. For High-risk HPV types, HPV ‘co-testing’ is done by varied laboratory testing methods and additionally, pap smear tests are also carried out to detect High-risk HPV types in cancer cases. Thus the HPV testing volume is a cumulative result of factors and thus due to these reasons, we estimate that HPV testing volume is expected to grow at a very high CAGR till 2019.

Currently, in terms of geography, North America and Europe have a higher market share in terms of testing volume of the most prevalent STDs namely Chlamydia, Gonorrhea and P&S Syphilis. Many countries in Asia-Pacific and the entire RoW region has garnered a higher market share in terms of testing volume of primarily viral STDs such as HIV, HSV and Chancroid.

The Global Diagnostic Testing of STDs market is segmented as follows:

Diagnostic Testing of STDs Market, by STD type

·        Chlamydia testing

·        Gonorrhea testing

·        P&S Syphilis testing

·        Human Papilloma Virus (HPV) testing

·        Herpes Simplex Virus (HSV) testing

·        Human Immunodeficiency Virus (HIV) testing

·        Chancroid testing

Diagnostic Testing of STDs Market, by Location

·        Laboratory Testing

·        Point-Of-Care (POC) Testing

Diagnostic Testing of STDs Market, by Geography

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World (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. 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/

Browse the full Diagnostic Testing of STDs Market Report at http://www.transparencymarketresearch.com/diagnostic-testing-stds.html

Global Metal Cans Market is Expected to Reach USD 51.60 billion in 2019: Transparency Market Research

According to a new report published by Transparency Market Research “Metal Cans Market for Foods (Fruits, Vegetables, Soups and Others), Beverages (CSD, Alcoholic Beverages, New Drinks, Fruit and Vegetable Juices) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global market for metal cans was USD 43.81 billion in 2012 and is expected to reach USD 51.60 billion in 2019, growing at a CAGR of 2.4% from 2013 to 2019. In terms of volume, the market was 344.48 billion cans in 2012 and is expected to grow at a CAGR of 2.9% from 2013 to 2019.

Browse the full Metal Cans Market  Report at http://www.transparencymarketresearch.com/metal-cans-market.html

With numerous benefits associated with metal cans such as its long shelf life, recyclability, biodegradability, UV ray and bacterial protection, excellent printability and its ability to retain flavor and aroma, they are being increasingly preferred by the customers as against other traditional packaging materials such as glass. In addition, high recycling and recovery rate is a major factor augmenting the growing demand of metal cans. Aluminum cans are said to save 95% power when recycled in contrast to production of new cans. However, fluctuating raw material prices and increased usage of flexible packaging materials such as Polyethylene terephthalate (PET) and paper are the major factors that are expected to restrain the growth of metal cans market.

Beverage cans was the largest consumed product accounting for over 75% of the global metal cans consumption in 2012. This segment is expected to be the fastest growing segment over the forecast period owing to increasing demand of carbonated soft drinks and alcoholic beverages. However, energy and sports drinks are expected to show substantial growth within the beverage can market over the next six years. The food can market is expected to witness below average growth owing to the consumer preference towards fresh and organic food products.

 Europe was the largest consumer of metal cans consuming over 109 billion cans in 2012 followed by North America. The increasing consumption of alcoholic beverage, especially beer in parts of Eastern Europe is expected to greatly impact the demand for metal cans in this region. Asia Pacific is expected to witness fastest growth over the forecast period on account of increased manufacturing activities in this region owing to lower labor and material cost. China and India are expected to dominate the metal cans market in this region over the next few years.

Some of the key participants profiled in the report include Amcor, BWAY, Ball Corporation, Crown Holdings and Rexam Plc among others.

The report gives a comprehensive view of the metal cans market in terms of volume and revenue. In addition, the report includes current demand analysis and forecast for each product in North America, Europe, Asia Pacific and Rest of the World. The report comprises of the following segments:

Metal Cans Market: Product Segment Analysis

§  Beverage

§  Food

§  Others (Aerosol, Paints)

Beverage Cans Market: Product Segment Analysis

§  Carbonated Soft drinks

§  Alcoholic Beverages

§  Fruit and Vegetable Juices

§  New Drinks (Energy and Sports Drinks)

Food Cans Market: Product Segment Analysis

§  Fruits (excluding Juices)

§  Vegetables

§  Soups and Miscellaneous Foods

§  Other Foods (Baby Foods, Poultry)

The report provides a cross-sectional analysis of all the above product segments with respect to the following regions:

§  North America

§  Europe

§  Asia Pacific

§  Rest of the World (RoW)

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/

Browse the full Metal Cans Market  Report at http://www.transparencymarketresearch.com/metal-cans-market.html

Elderly and Disabled Assistive Devices Market is Expected to Reach USD 19.68 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research “Elderly and Disabled Assistive Devices Market (Medical Mobility Aids and Ambulatory Devices, Medical Furniture and Bathroom Safety Products, Hearing Aids and Vision & Reading Aids) -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global elderly and disabled assistive devices market was valued at USD 12.37 billion in 2012 and is expected to grow at a CAGR of 6.9% from 2013 to 2019, to reach an estimated value of USD 19.68 billion in 2019.

Browse the full report at http://www.transparencymarketresearch.com/elderly-disabled-assistive-devices.html

The devices that assist the elderly and disabled population patients in their day-to-day activities such as movement, listening and reading are termed as elderly and disabled assistive devices. These devices are both simple and complex in design. Devices such as wheelchairs, cranes, crutches and scooters are simple in design, while hearing aids, reading machines and transfer lifts represent design complexity. The market for these devices can be broadly categorized into medical mobility aids and ambulatory devices, medical furniture and bathroom safety products, vision and reading aids, and hearing aids. The global market for elderly and disabled assistive devices is expected to record a CAGR of 6.9% during the forecast period of 2013 to 2019.

This growth is attributed to the increase in government support and initiatives to ensure availability of these devices for a large consumer population. For instance, the governments of various nations such the U.S., U.K. and Switzerland provide grants to disabled people for purchasing assistive devices, whereas, the Canadian government allows disabled persons to pay little or no tax. A rise in global geriatric and disabled population will also support the growth of this market. It is estimated that the global elderly population will grow to reach a count of around 2,000 million by 2050. The growth of this market may, however, be negatively affected due to high cost of products such as bone anchored hearing aids (BAHA) that cost around USD 10,000. Presently, very few medical insurers reimburse these assistive devices, which will also hinder the growth of this market.

The hearing aids market accounted for the largest share of the total market in 2012, in terms of revenue. This is due to a large number of people suffering from hearing impairments globally, and introduction of technologically advanced products such as cochlear implants and BAHA. However, the medical mobility aids and ambulatory devices market is expected to show the highest growth due to the rising geriatric population and increasing government support in the form of grants and subsidies for the purchase of mobility devices. The market for medical mobility aids and ambulatory devices is expected to grow at a CAGR of over 8% from 2013 to 2019.

Geographically, North America is expected to be the largest regional market since most of the major manufacturers of these devices are based in the U.S. In addition, high disposable incomes and a favorable reimbursement scenario will also support the growth of this market. The Asia-Pacific region is expected to witness the highest growth at a CAGR of 8.1%, owing to the increasing government support and rise in geriatric population significantly.

The key players in the global elderly and disabled assistive devices market include Sonova Holding AG, William Demant Holding A/S, Invacare Corporation, Sunrise Medical LLC, GN ReSound Group, Ai Squared, Drive Medical Design and Manufacturing, and Starkey Hearing Technologies. The market is highly fragmented, with a few key players catering to different segments of the market. For instance, Sonova Holding and William Demant Holding lead the hearing aids segment, whereas, Invacare Corporation and Sunrise Medical LLC lead the medical mobility aids and ambulatory devices market segment.

The global elderly and disabled assistive devices market has been segmented as below:

Elderly and Disabled Assistive Devices Market, by Types

·         Medical Mobility Aids and Ambulatory Devices

o   Wheelchairs

o   Mobility Scooters

o   Cranes and Crutches

o   Walkers and Rollators

o   Transfer Lifts

o   Door Openers

o   Others (Cushions, Pillow and Back Support)

·         Medical Furniture and Bathroom Safety Products

o   Medical Beds

o   Commodes & Showers Chairs

o   Ostomy Products

o   Bars and Railings

o   Others (Bath lifts and Pool Lifts)

·         Hearing Aids

o   Receiver-in-the-Ear (RITE) Aids

o   Behind-the-Ear (BTE) Aids

o   In-the–Ear (ITE) Aids

o   Canal Hearing Aids

o   Bone Anchored Hearing Aids (BAHA)

o   Cochlear Implants

·         Vision and Reading Aids

o   Video Magnifiers

o   Braille Translators

o   Reading Machines

o   Others (Books and Kitchen Appliances)

Elderly and Disabled Assistive Devices Market, by Geography

·         North America

·         Europe

·         Asia-Pacific

·         Rest of the World (RoW)

Browse the full report at http://www.transparencymarketresearch.com/elderly-disabled-assistive-devices.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/