RTLS Market Deriving Growth from Surging Adoption across Industries

The global market for real time location systems (RTLS) has been exhibiting growth at an extraordinary pace. RTLS technology helps deliver state-of-the-art tracking methods to its users. The system transmits wireless signals to a particular reference point to determine a given object’s location. Transparency Market Research, a leading market analysis firm, recently conducted a survey to quantify the growth prospects of the market. Findings of the research has revealed that the global real time location systems (RTLS) market, which stood at a value of US$0.46 billion in 2013, is expected to reach US$3.86 billion by 2020. If the figures hold true, the market will exhibit an impressive 35.5% CAGR during the 2014-2020 period.

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Real time location systems comprise a high-performance technology implemented to detect the current geographical position of a target, which may be anything from a plant to a person, to any manufactured product, such as a vehicle. Current RTLSs are based on wireless technologies such as Bluetooth, Wi-Fi, RFID, GPS, and ultra-wide band. RTLS-capable objects are used across several industrial domains, to which the market owes much of its growth.

Here is a snapshot of the purposes served by RTLS in different industries:

RTLS in Healthcare Sector: Healthcare organizations has graduated from partial deployment of RTLSs, which were primarily used in applications of pharmacy tracking, to a 360-degree adoption of RTLS in hospitals to improve patient experience and hospital operations. Prevalent trends in the healthcare sector demonstrate the enhanced propensity among hospitals to invest in enterprise-wide adoption of RTLS. This enables hospitals to automate workflows, eliminate costs incurred on expensive manual processes, and improve patient safety and experience.

RTLS in Manufacturing Sector: Manpower, machines, and materials constitute the three pillars of the manufacturing industry. A rising number of companies in the manufacturing sector have started adopting RTLS to keep a tab on these three indispensable elements on a real-time basis. While the adoption of the technology has been limited in the manufacturing sector until recently, with the evolution of technology and advent of new entrants, a surge towards complete adoption of RTLS is expected. RTLS technology in manufacturing sector will significantly reduce the time and cost incurred on tracking misplacements. The technology will also help in enhancing labor productivity.

RTLS in Government Sector: Asset management and optimum utilization of resources with RTLS solutions will drive the demand for RTLS in the government sector. Real time location systems provide advantages such as network security, fleet tracking, personal tracking, easy navigation, network security, and asset and inventory tracking. An increasing number of government consumers are seeking ways to technologically upgrade operations to keep pace with globalization. Hence, they are exploring next-generation technologies such as real time location systems to capitalize on the aforementioned advantages and automate time-consuming manual processes.

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Other industrial segments such as education, transport and logistics, and retail have also exhibited surging adoption of the technology. While the healthcare sector has driven the adoption of real time location systems, other industrial domains are expected to catch up soon, creating immense opportunities for the global RTLS market to capitalize on in the near future. 

Global Precision Electric Motors Market: Automotive Sector to Drive Demand for DC Brushless Motors during 2014-2020

Growing concern for environmental protection has led to renewed interest in hybrid cars. A high-efficiency DC brushless motor running on AC is commonly used in plug-in hybrid vehicles. Increasing demand for DC brushless motors in the automotive sector is expected to propel the global precision electric motors market at a CAGR of 12.7% during the period from 2014 to 2020. The overall market was worth US$22.69 billion in 2013 and was dominated by DC brushless motors. 

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Why Brushless DC Motors in Electric Vehicles?

Hybrid vehicles developed by auto manufacturers across the globe are majorly powered by DC brushless motors. Brushless DC motors, also known as BLDC motors, have DC current powering magnets that move the rotor around within the stator. The step motor controller of brushless DC motors converts the electrical energy into mechanical energy. Some of the advantages of brushless DC motors are: 

Less Wear and Tear: Due to lack of physical commutators and brushes, brushless DC motors have fewer parts subjected to wear and tear. As a result of this, brushless DC motors are efficient, reliable, and can last over 10,000 operational hours. This is particularly important for keeping the maintenance costs of hybrid cars low, which is one of the important USPs of hybrid cars in modern markets.

High Speed and Less Noise: Operating at speeds above 10,000 rpm, these motors operate with less noise and electromagnetic interference than a brushed motor.

Auto Manufacturers Focus on Increasing Efficiency of DC Brushless Motors Installed in Hybrid Vehicles

In the automotive industry, manufacturers are stressing on increasing the efficiency and durability of DC brushless motors for smooth running of hybrid vehicles. The incorporation of advanced brushless electric motors figures as an important aspect of recent hybrid cars launched by key auto manufacturers.

Mercedes Benz C350e: In the Detroit Motor Show 2015, Mercedes Benz unveiled its first plug-in hybrid, the C350e. The hybrid car has a 2.0-litre four-cylinder engine with a brushless electric motor. The car delivers a total of 275 horsepower, of which 80 horsepower is produced by the electric motor alone. To keep up with the rising demand for hybrid cars, the auto manufacturer aims to launch 10 such hybrids by 2017.

Lamborghini Asterion: Last year’s Paris Motor Show witnessed Italian car manufacturer Lamborghini revealing its first hybrid car – Asterion. The three brushless electric motors installed in the car generate 296 horsepower of a total figure of 898 HP. 

BMW 5-Series GT Fuel Cell Electric Vehicle: German carmaker BMW has partnered with Toyota to develop the new 5-series GT fuel cell electric vehicle. The car is fuelled by hydrogen and emits only water vapor. The fuel cell of the car produces enough electricity to power a brushless electric motor located within the rear axle assembly. The brushless electric motor, also used in BMW’s i3 electric car and i8 hybrid sports car, generates 150 kW.

Audi A7 H-tron Quattro: The twin electric motors installed on the plug-in hybrid fuel cell system of Audi’s A7 H-tron (the ‘H’ standing for hydrogen) Quattro deliver a combined 170 kW and 540 Nm of torque. 

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Though the brushless DC motor is more expensive to manufacture than its brushed counterpart, the rising popularity of green vehicles is expected to increase the demand for brushless DC motors in the near future.

Personal Protective Equipment Market Likely to Grow at 7.3% CAGR due to Government Regulations and Mandates at Workplaces

Personal protective equipment (PPE) includes equipment that protects various parts of the body. Some of the common personal protection devices are eye, head, and face protection gear, protective clothing, hearing protection, hand protection, professional footwear, and respiratory protection gears. These are worn by users to protect themselves from hazards at home or workplaces.

Industries such as chemicals, manufacturing, construction, pharmaceuticals, oil and gas, transportation, and food and beverages are some of the diverse areas of application of PPE. Other end-use industries across emerging regions are agriculture, service stations, government, the unorganized sector, and small-scale manufacturing utilities. Besides workplaces, personal protective equipment is also used in sports and other recreational activities to minimize the risk to personal health and safety.

The choice of personal protective equipment depends on what the user is exposed to, and the intensity and duration of the exposure. The equipment also comes with safety symbols that indicate the safety levels of the equipment. All these factors make PPE suitable for use in industrial and commercial spaces. Due to these factors, the market is expected to reach US$55,509.1 million by 2020, from a market value of US$33,952.5 million in 2013, growing at a positive 7.3% CAGR between 2014 and 2020, states leading market intelligence company Transparency Market Research.

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Global PPE Market Driven by Rising Mandates and Stringent Regulations 

PPEs are monitored by global protection standards. Rapid industrialization and growing occupational safety regulations are the primary factors driving the personal protective equipment market.  Increasing awareness regarding workplace safety and rise in stringent regulations imposed by governments are propelling the market, too. Rise in costs associated with workplace accidents have resulted in higher compliance to safety protocols, worldwide. Hence, increasing fatalities and major work accidents underline the significance of protection and prevention at manufacturing plants and other workplaces.

The demand from the personal protective equipment (PPE) market is mainly growing in emerging regions due to the lack of protective gear at workplaces, which leads to accidents and injuries among employees.

Mandated policies set by organizations such as NIOSH, OSHA, and NFPA are encouraging employers to establish stringent regulations and maintain workers’ safety in industries. The regulations require personal protective equipment to be assessed properly in terms of safety, maintenance, and storage. Rising regulatory emphasis on worker safety and general awareness regarding personal protective equipment are key factors propelling the PPE market.

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Among the diverse types of personal protective equipment, the growing demand for fall protection equipment from the energy and utilities sector, particularly in the Nordic region, is fuelling the PPE market. Analysts at TMR predict that the global market for fall protection equipment will register the fastest growth during the 2014-2020 forecast period. The market will rise at an 8.8% CAGR between 2014 and 2020 due to the rise in construction activities and rapid industrialization across the globe. 

North America Indoor Humidifier Market: Players that Offer Energy-efficient Solutions will Thrive in the Market

The demand for energy-efficient solutions is shaping the dynamics of several markets. One of the markets that will be significantly driven by this trend is the North America indoor humidifier market. The increasing awareness of consumers about the health benefits of indoor humidifiers is driving the overall indoor humidifier market in North America. Furthermore, the rising awareness about the benefits of energy-efficient products is further adding to the demand for energy-efficient humidifiers.

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Rising Demand for Energy-efficient Indoor Humidifiers from Consumers and Contractors

From a consumer’s perspective, indoor humidifiers help improve comfort levels in their homes and energy-efficient humidifiers help them reduce their power bills, in addition to accruing state-sponsored financial incentives in many Western countries. Furthermore, consumers have increasingly become conscious about the impact the use of electronics can have on the environment and are looking for energy-efficient electronics such as humidifiers that will help them reduce their personal impact on the environment.

However, it is not just individual consumers that are driving the demand for energy-efficient products in the North America indoor humidifier market. Contractors in North America are also in need of solutions that humidify or dehumidify buildings while saving energy. However, manufacturers in the North America indoor humidifier market are still working on developing technologies that humidify buildings in an energy-efficient manner.

Key Energy-efficient Technologies used in Humidifiers

Here are some of the technologies companies are using in indoor humidifiers to help save energy.

Centrifugal Humidifiers: In these indoor humidifiers, water is sprayed at low pressure against a spinning disc to harness the centrifugal force to atomize the water. Centrifugal humidifiers offer several advantages such as low initial cost and low operating cost. Centrifugal humidifiers are energy-efficient and most suited for humidification in small industrial spaces.

Cold-water Humidification Systems: These systems use sensible heat of the air stream to bring about the evaporation of water, which results in conversion of sensible heat to latent heat. These systems cool the air as they humidify it. As these systems use excess building heat as an energy source for humidification, they are considerably more energy-efficient.

Ultrasonic Humidifiers: These systems operate by means of a transducer that is placed in a shallow water bath. High-frequency electricity is converted to mechanical oscillation by the transducer. This causes droplets of water to break away from the surface and become airborne. Ultrasonic indoor humidifiers are more energy-efficient than steam or centrifugal humidifiers.

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Players in the market that offer the most innovative, integrated, and energy-efficient indoor humidifier products will thrive in the coming few years. At present, energy efficiency has become a major factor for systems in new construction, service, or replacement. Key players in the North America indoor humidifier market are focusing on offering products that make a difference in the operating costs, which are relative to energy use.

Global Wound Dressing Market to Grow at CAGR of 8.8% by 2020, Market Driven by Increasing Chronic Diseases

The global wound dressing market is set to grow at a CAGR of 4.5% during the period from 2014 to 2020. Increase in the number of chronic wounds has resulted in growth of the global wound dressings market. From US$7.53 billion in 2013, the global wound dressing market is expected to amount to US$10.16 billion by 2020. 

Asia Pacific Leads Global Wound Dressings Market 

The global wound dressing market is categorized on the basis of geography and products. By geography, the global wound dressings market is segmented into Asia Pacific, North America, Europe, and Rest of the World. By products, the global wound dressing market is segmented into traditional wound dressing products and advanced wound dressing products. Asia Pacific dominated the global wound dressing market in 2013 and will continue to be in the leading position during the forecast period. Countries from the Rest of the World recorded highest the growth in the traditional wound dressing products segment. As far as advanced wound dressing products are concerned, North America, especially the U.S., dominated the global market. 

Browse Market Research Report of Wound Dressings Market: http://www.transparencymarketresearch.com/wound-dressing-market.html

The presence of small and big companies contributing to the new developments in wound dressing products has led to the strong growth prospects of the global wound dressing market during the forecast period. Some of the leading companies in the global wound dressing market are 3M Healthcare, Coloplast A/S, Johnson and Johnson, Molnlycke Health Care AB, Smith and Nephew, Paul Hartmann AG, Kinetic Concepts Inc., B. Braun Melsungen AG, and ConvaTec Inc. 

The traditional wounds dressings market has three segments, including basic wound care, wound closure products, and anti-infective dressing. Basic wound care products dominated the traditional wound dressing market in 2013. The advanced wounds dressing market has six sub-segments, including foams, films, collagen, hydrocolloids, hydrofiber, and alginates; the advanced wound dressings market is governed by foams. 

Browse Market Research Press Release of Wound Dressings Market: http://www.transparencymarketresearch.com/pressrelease/wound-dressing-market.htm

Countries Adapting Wound Dressing Products for Treating Chronic Wounds

The high prevalence of chronic diseases is considered to be the major reason behind the growth of the global wound dressing market. This has led to adoption of advanced wound dressings products by all local and international players from across all regions. Recently, as per statistics provided by the Federal Health Minister of Australia, around 50% of the country’s population suffered from either a chronic disease or chronic wounds.

Wayne Mulvany, the General Manager of IWC, stated that they are committed to offer healthcare and wellbeing services to the people suffering from chronic diseases. Services such as chronic disease management, wounds management, and other support services are now being offered in different areas of Australia. Traditional as well as advanced wound dressings will be provided by medical centers, based on the severity of the wounds. According to Wayne Mulvany, IWC delivered around 71,000 products and services to the community. Doctors and healthcare professionals take efforts to serve patients by treating their chronic wounds. With this, the medical sector in Australia continues to expand at a fast pace, thus boosting the wound dressings market.    

Global Small Imaging Market: Rising Trend of Preclinical Imaging Stimulates Market Growth

The increasing trend of preclinical imaging in biotechnological research and drug discoveries has given rise to the global small animal imaging market. The key components of this market are machines, devices, and reagents employed in the preclinical imaging of rats and other small animals and have marked themselves as the most useful tools in preclinical research in the global arena.

The small animal imaging market has benefitted from the sturdy growth in the adoption of small animal imaging devices in the medical and healthcare sector on account of their cost efficiency and easy handling. Transparency Market Research (TMR), a market intelligence and research firm, has recently published a research report determining the overall value of the global animal imaging market in 2013 at US$1.49 billion. Further, the report estimates the market to reach US$2.74 billion by 2020, expanding at a CAGR of 8.6% during the period from 2014 to 2020.

Browse Market Research Report of Small Animal Imaging Market: http://www.transparencymarketresearch.com/small-animal-imaging.html

Though the global small animal imaging market is exhibiting steady growth, the high cost associated with the development of devices and the strict regulations regarding approval can pose a severe challenge to the market. Here is a snapshot of the market dynamics and the latest as well as upcoming trends in this market:

• The most favored devices in preclinical imaging are micro-CT and Micro MRI. In recent times, the market for micro-MRI devices has acquired a significant share in the overall devices market, on account of the nonionizing nature of its radiation and high spatial resolution these devices offer while imaging soft tissues. The micro-MRI devices market holds around 27 to 31% of the global market for small animal imaging devices owing to the capacity of these tools to deliver detailed morphological pictures with impeccable contrast and spatial resolution.

• The market for multimodal imaging devices has reported growth in market share due to their ease of handling, but the market is expected to decline in future owing to the high cost of these devices. 

• The optical imaging devices market holds almost 17% of the global small animal imaging devices market at present. The cost efficiency associated with these devices is expected to boost this market segment in the near future.

Browse Market Research Press Release of Small Animal Imaging Market: http://www.transparencymarketresearch.com/pressrelease/small-animal-imaging.htm

• The optical imaging reagents market has reported the fastest growth in the small animal imaging reagents market due to the rising volume of gene expression studies. Among the optical imaging reagents industries, the market for fluorescent-labeled contrast agents has exhibited strong growth, owing to the usefulness of these contrast agents as substitutes to radiotracers in preclinical imaging studies.

• North America dominates the global small animal imaging market and is followed by Europe.

• The small animal imaging market in Asia Pacific is estimated to report the fastest growth among all the regional markets in the forthcoming years.

Agilent Technologies, Bruker Corp., Aspect Imaging, TriFoil Imaging, FujiFilm VisualSonics, LI-COR Biosciences, Miltenyi Biotec, Promega Corp., Perkin Elmer, Siemens, Targeson, and SCANCO Medical are the prominent members of the global small animal imaging market.

Late Age Pregnancies to Boost Global Preimplantation Genetic Diagnosis Market during 2014-2020

All women face a risk to have a pregnancy with a chromosomal abnormality. The risk particularly shoots up post the age of 35. It has been observed that an increasing number of women are conceiving by late 30s or early 40s. Though a pregnancy in later years assures better financial security, medical assistance in form of in vitro fertilization (IVF) is required in most cases owing to decreased fertility rate. Preimplantation genetic diagnosis (PGD) is usually used with an IVF cycle to increase the chances of a successful pregnancy. The global preimplantation genetic diagnosis market is expected to expand at a CAGR of 6.28% during the period between 2014 and 2020. The global preimplantation genetic diagnosis market was worth US$77.2 million in 2013 and is estimated to reach a valuation of US$118.0 million by 2020.

Browse Market Research Report of Preimplantation Genetic Diagnosis Market: http://www.transparencymarketresearch.com/preimplantation-genetic-diagnosis-market.html

Why Doctors Recommend Preimplantation Genetic Diagnosis?

For couples undergoing IVF, doctors usually recommend preimplantation genetic diagnosis when one of the following conditions prevail:

• History of heritable genetic disorders in one or both the partners
• One or both partners is a carrier of a chromosomal abnormality
• Advanced age of  mother
• History of recurrent miscarriages

How PGD determines Genetic Disorders?

PGD is used for determining single gene disorders such as Thalassemia, Huntington’s disease, Cystic fibrosis, Fragile-X, Duchenne muscular dystrophy, and BRCA1/ BRCA2 (hereditary breast or ovarian cancer). While a woman goes through a standard IVF cycle, a few cells are removed from each of the embryos developing in the IVF laboratory. The cells are tested in one of the following ways:

• Advanced Embryo Selection (Array CGH): The process screen all the 24 chromosomes present in an embryo to enable the selection and transfer of only those embryos that have a normal chromosomal pattern.

• Karyomapping: The technique is used particularly when either of the parents is known to be carriers of a serious single gene disorder. Karyomapping identifies embryos that are not affected by the genetic disorder thereby preventing the condition from getting passed from one generation to another. 

Browse Market Research Press Release of Preimplantation Genetic Diagnosis Market: http://www.transparencymarketresearch.com/pressrelease/preimplantation-genetic-diagnosis-market.htm

However, there are Risks!

Though IVF and PGD have emerged as a boon to thousands of women across the globe, there are potential problems involved. 

• Multiple Births: It is one of the single greatest health risk associated with fertility treatment. Though PGD can screen the embryos for any potential genetic or chromosomal disorder, multiple birth carry risks to the health of the mother and the unborn babies. 

• Ovarian Hyper-Stimulation Syndrome (OHSS): OHSS can prove dangerous due to over-reaction to fertility drugs used for stimulating egg production.

In PGD, there is also the possibility of some of the embryos getting damaged by the process of cell removal. The process of PGD is not 100% reliable or conclusive.