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Product launches is the most widely adopted growth strategy by players in the Radiation Dose Management Market

The radiation dose management market is projected to reach USD 447 million by 2024 from USD 206 million in 2019, at a CAGR of 16.7%. Growth in this market is driven by the increasing use of medical imaging modalities due to the rising incidence of chronic diseases, increasing concerns over radiation dose exposure, growth in the installed base of radiology equipment, and growing awareness on radiation dose management. Moreover, the rising focus on interventional radiology and nuclear medicine is expected to provide growth opportunities for players in the radiation dose management market during the forecast period. On the other hand, the lack of standardized procedures and dose protocols for radiation dose management for healthcare organizations is a major market challenge.

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April 24, 2019

Surmet Corporation (US) and CeramTec (Germany) are the Key Players in the Optical Ceramics Market

The market size of optical ceramics is estimated at USD 148 million in 2018 and is projected to reach USD 297 million by 2023, at a CAGR of 15%, between 2018 and 2023. The global optical ceramics market is driven by the increasing defense expenditure on advanced materials and technologies. Optical ceramics are used as a substitute for glass, metals, and plastics, which is boosting the market....... Read More
April 24, 2019

Market Leader - Automated Storage and Retrieval System (ASRS) Market

The automated storage and retrieval system market is estimated to be USD 7.6 billion by 2019 and is projected to reach USD 11.0 billion by 2024, at a CAGR of 7.7%. An automated storage and retrieval system (ASRS) is a device used in manufacturing plants, warehouses, and distribution centers for storing and retrieving loads from one storage location to another. An ASRS comprises various computer-controlled systems and equipment that are used to store and accurately retrieve materials in industries, such as automotive, chemicals, aviation, semiconductors & electronics, e-commerce, retail, food & beverages, healthcare, and metals & heavy machinery. ASRS offers a high degree of accuracy, efficiency, and high-throughput inventory management capabilities. The increasing demand for ASRS in the automotive industry; optimum utilization of space and rise in labor costs; and improved accuracy, productivity, and efficiency in supply chain, along with better inventory control are the major factors driving the growth of the market....... Read More
April 23, 2019

Market Leader – Pest Control Market

The increasing scope of urbanization and climate change has had a profound impact on pest proliferation, which has witnessed a significant increase over the past decade. The increasing scope of infrastructure and development of megacities have witnessed immense growth in Asia Pacific and South America, which are among the fastest growing markets for pest control solutions. The pest control market has been evolving for decades. Due to the growing demand for pest control from the residential sector, the development of automated traps and biological methods in the form of integrated pest management has benefited the market. The pest control market is estimated to be valued at USD 20.5 billion in 2019 and is projected to reach USD 27.5 billion by 2025, at a CAGR of 5.04% during the forecast period....... Read More
April 23, 2019

Sono Motors (Germany) and Toyota (Japan) are the Major Players in the Solar Vehicle Market

The global solar vehicle market is projected to grow at a CAGR of 36.4% during the forecast period to reach 107,380 units by 2030 from an estimated 8,955 units by 2022. The forecast period is from 2022 to 2030. Factors such as growing concerns over environmental pollution coupled with heavy investments in R&D by automakers would drive the growth of the market globally....... Read More
April 22, 2019

IDEXX Laboratories, Inc. (US) and Zoetis Inc. (US) are leading players in Companion Animal Diagnostics Market

The companion animal diagnostics market is valued at an estimated USD 1.7 billion in 2019 and is projected to grow at a CAGR of 9.8% to reach USD 2.7 billion by 2024. The growing companion animal ownership, rising demand for pet insurance, and the growth in the number of veterinary practitioners in developed countries are the major factors driving the growth of the companion animal diagnostics market. Key players, such as IDEXX Laboratories, Inc. (US) and Zoetis Inc. (US), will continue to dominate this market during the forecast period. The companies adopted new product launches and acquisitions as their major growth strategies to maintain their position in the market.

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April 22, 2019

McKesson Corporation (US), Omnicell, Inc. (US), and TCGRx (US) are the Leading Players in the Central Fill Pharmacy Automation Market

The central fill pharmacy automation market is projected to reach USD 656 million by 2024 from USD 381 million in 2019, at a CAGR of 11.5%. The increasing demand for specialty drugs being dispensed by central fill pharmacies is one of the primary drivers propelling the growth of this market. Factors such as the growing need to minimize medication errors, growing patient volume which leads to an increase in prescription dispensing, and the rising focus on automation to reduce labor costs are also driving market growth. The untapped central fill pharmacy automation market in the Europe and Asia Pacific regions offer significant growth opportunities for players....... Read More
April 18, 2019

SAP Hybris (Germany) and JDA Software (US) are playing leading role in India Omni-channel and Warehouse Management Systems Market

The India omni-channel and warehouse management systems market is projected to grow from USD 231 million in 2019 to USD 488 million by 2024, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. The India omni-channel solutions market growth is largely driven by factors, such as increase in online sales, connected Indian consumers, and easement of FDI policies in India. Whereas the warehouse management market is largely driven by factors, such as Goods and Service Tax (GST) and Make in India Initiative.

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April 16, 2019

Swarco (Austria) and Kapsch TrafficCom (Austria) are the Key Players in the Integrated Traffic Systems Market

The global integrated traffic systems market is projected to grow from USD 22.7 billion in 2019 to USD 37.5 billion by 2025, at a CAGR of 8.7%. Increase in rate of urbanization and growing demand to lower the emissions caused by road traffic are driving the demand for integrated traffic systems....... Read More
April 16, 2019

BASF (Germany) and Valagro (Italy) are the Key Players in the Biostimulants Market

The biostimulants market is estimated to be valued at USD 2.6 billion in 2019 and is projected to reach USD 4.9 billion by 2023, at a CAGR of 11.24% during the forecast period. The growth of the biostimulants market is driven by factors such as an increase in the need for sustainable agriculture, easier availability of seaweed as a raw material, and the high market for demand from high-value crops....... Read More
April 16, 2019

DJO Global (US) and BTL Industries (US) are the Major Players in the Physiotherapy Equipment Market

The physiotherapy equipment market is projected to reach USD 21.1 billion by 2024 from USD 15.0 billion in 2018, at a CAGR of 5.8% during the forecast period. The growth of this market is primarily driven by rapidly growing geriatric population and the subsequent increase in the global prevalence of chronic diseases, and growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease....... Read More
April 16, 2019

Promat International N.V. (Belgium) and Morgan Advanced Materials plc (UK) are the Major Players in the Microporous Insulation Market

The microporous insulation market size is projected to grow from USD 132 million in 2018 to USD 165 million by 2023, at a compound annual growth rate (CAGR) of 4.7%, during the forecast period. The major driving factors in the microporous insulation market are high thermal resistance of microporous insulation material and increasing demand from various applications, such as industrial, oil & gas, energy & power, and automotive....... Read More
April 15, 2019

New Product Development, Investment & Expansion, and Merger & Acquisition, to Expand their Presence in the Global Healthcare Adhesive Tapes Market.

The healthcare adhesive tapes market size is projected to grow from USD 27.2 billion in 2018 to USD 37.3 billion by 2023, at a CAGR of 6.51% during the forecast period. The major factors driving the healthcare adhesive tapes market are identified as the rising number of surgeries, increasing incidence of diabetes, and the growing number of ambulatory surgery centers. Also, research institutions and various manufacturers are taking initiatives and making huge investments in R&D for the technological development of healthcare adhesive tapes, and the improvement of their properties for use in various applications....... Read More
April 15, 2019

OpenText (Canada) and MicroPact (US) are leading players in Correspondence Management System Market

The global Correspondence Management System market size is expected to grow from USD 1.9 billion in 2018 to USD 3.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. The key factors driving the Correspondence Management System market, include an increased need for automating and personalizing the communication system and timely and secured internal and external communication.

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April 15, 2019

CONMED Corporation (US) and Ethicon (US) are leading players in Smoke Evacuation Systems Market

The global smoke evacuation systems market is projected to reach USD 223 million by 2024 from USD 162 million in 2019, at a CAGR of 6.6%. Increased product availability of smoke evacuation systems, rising patient preference for minimally invasive surgeries, expansion in the target patient population needing surgical procedures, and wider acceptance and availability of relevant operating room protocols and guidelines for smoke evacuation are the major factors driving the growth of the global smoke evacuation systems market.

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April 15, 2019

New product launches, partnerships and collaborations, and mergers and acquisitions, to further expand their presence in the global AI in IoT Market

MarketsandMarkets forecasts the global AI in IoT market size to grow from USD 5.1 billion in 2019 to USD 16.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 26.0% during the forecast period. The growing need for the effective management of data generated from IoT devices, streamlining production processes, and reducing g downtime are expected to drive the growth of the global AI in IoT market.

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April 15, 2019

Agilent Technologies (US), Thermo Fisher Scientific (US), and PerkinElmer Inc. (US) are the Leading Players in the Trace Metal Analysis Market

The global trace metal analysis market is projected to reach USD 6.9 billion by 2024 from USD 4.4 billion in 2019, at a CAGR of 9.5%. Factors such as the stringent safety and quality regulations and new international cGMP & cGDP certification for pharmaceutical excipients, increasing expenditure on life science R&D, advancements in technologies, growing preference to outsource analytical requirements to third-party service providers, increasing demand from applied markets, rising opportunities in emerging countries, and the need to comply with revised USP guidelines are primarily driving the growth of this market. However, the high cost of equipment and services is expected to restrain the growth of this market during the forecast period.

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April 15, 2019

General Electric (US) and Siemens (Germany) are leading players in Virtual Sensors Market

MarketsandMarkets expects the market size of the global virtual sensors to grow from USD 235 million in 2018 to USD 910 million by 2023, at a Compound Annual Growth Rate (CAGR) of 31.1% during the forecast period. The major factors driving the growth of the virtual sensors market are the use of predictive maintenance, potential reduction in the time and cost of physical sensors, and rising adoption of the IoT cloud platforms.

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April 12, 2019

GE Healthcare (US) and Philips Healthcare (Netherlands) are the Top Players in the European Mammography Workstations Market

The European mammography workstations market is projected to reach USD 14 million by 2024 from USD 10 million in 2018, at a CAGR of 5.5%. The adoption of mammography workstations and related software platforms is growing across major European countries such as Germany, the UK, France, Spain, Italy, and Sweden. This can majorly be attributed to the rising burden of breast cancer and the increasing market availability of multimodality diagnostic platforms. Moreover, increasing patient awareness about the clinical benefits associated with the early diagnosis of breast conditions is also supporting the growth of the mammography workstations market in Europe. ...... Read More
April 12, 2019

Hemopatch (Baxter) and Tachosil (Takeda) are the Key Players in the European Hemostats & Sealants Market

The European hemostats and sealants (focused brands) market is projected to reach USD 89 million by 2024 from USD 63 million in 2019, at a CAGR of 7.0%. Growth in this market is mainly driven by the favorable reimbursement scenario for the usage of hemostats in various surgeries. However, the shift towards minimally invasive surgeries over open surgeries is a major restraint for this market....... Read More
April 12, 2019

Key Revenue Pockets - Environmental Test Chambers Market

An environmental chamber, also known as a climatic or climate chamber, is an enclosure used to test the effects of specified environmental conditions on biological items, industrial products, materials, and electronic devices/components. The environmental test chambers market is estimated to grow from USD 842 million in 2019 to USD 938 million by 2024 at a CAGR of 2.18%. The major drivers for this market include the increase in number of regulations in industries such as aerospace and defense, and automotive; growing requirement of monitoring the effects of various stress factors; and supportive government initiatives. However, shorter product lifecycle and fast-changing testing requirements are the major restraints for the growth of this market. The market players face challenges in terms of high development cost associated with environmental test chambers.

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April 12, 2019

Hyland, OpenText, Box, and M-Files, have majorly adopted many growth strategies in Content Services Platforms Market

The global Content Services Platforms (CSP) market size is expected to grow from USD 22.6 billion in 2018 to USD 60.3 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. The major factors driving the growth of the market are increasing need of enterprises to effectively use enterprise data, facilitate better collaboration among geographically dispersed teams, better control over information, and alignment of content strategy with business goals.

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April 12, 2019

Market Leaders - Air Suspension Market

Shifting inclination towards comfort and convenience, growing demand for heavy-duty vehicles such as semi-trailers, increasing use of luxury buses for long distance traveling, and rising demand for enhanced stability & maneuverability in vehicles are the key factors driving the demand for air suspension. The air suspension market is projected to grow at a CAGR of 6.76% during the forecast period, to reach a market size of USD 8.4 billion by 2025 from USD 5.3 billion in 2018.

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April 12, 2019

ZF (Germany) and Ficosa (Spain) are the Leading Player in the Advanced Gear Shifter System Market

Factors such as increasing use of x-by-wire technology in vehicle and increasing vehicle production in developing economies have boosted the advanced gear shifter system market in recent years. The global advanced gear shifter system market is estimated to be USD 10.5 billion in 2018 and is projected to reach USD 17.8 billion by 2025, growing at a CAGR of 7.91% during the forecast period. The advanced gear shifter system market is dominated by a few global players. ...... Read More
April 12, 2019

LGC Limited, Bio-Rad Laboratories, and the College of American Pathologists are Expected to Dominate the Global Laboratory Proficiency Testing Market in 2019

The laboratory proficiency testing market is projected to reach USD 1,103 million by 2024 from USD 800 million in 2019, at a CAGR of 6.6% during the forecast period. The stringent safety and quality regulations for food and pharmaceutical products and the increasing focus on water testing are some of the major factors supporting the growth of this market.

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April 11, 2019

Kamenny Vek (Russia) and Mafic SA (Ireland) are the Key Players in the Basalt Fiber Market

The basalt fiber market size is estimated to be USD 227 million in 2019 and is projected to reach USD 397 million by 2024, at a CAGR of 11.8% between 2019 and 2024. The major factor driving the market is growing demand from the APAC region and the emerging construction & infrastructure and automotive & transportation industries. ...... Read More
April 11, 2019

Zayo Group (US) and GTT (US) adopted various strategies to grow in the global Optical Wavelength Service Market

MarketsandMarkets forecasts the Optical Wavelength Service (OWS) market size to grow from USD 3.3 billion in 2018 to USD 4.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period.

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April 11, 2019

Emerson (US) and LESER (Germany) are leading players in Safety Valve Market

Safety valve are widely used in process industries such as oil & gas, chemicals, pharmaceuticals, metal & mining, energy & power, and others for tight shutoff situations. The safety valve market is expected to be valued at USD 4.5 billion in 2019 and is likely to reach USD 5.5 billion by 2024, at a CAGR of 4.30% during the forecast period. Importance of safety valves in industrial processes, increased need from oil & gas, growth in nuclear energy generation are among the key driving factors for the safety valve market. Constant need for safety valve replacement, use of 3D printers in manufacturing lines are among the other factors fueling the growth of the safety valve market. However, the high cost of fabrication can hinder the growth of the safety valve market.

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April 11, 2019

New product launches and upgrades and partnerships, agreements, and collaborations have been the most dominating strategies adopted by the major players in Digital Audio Workstation Market

The digital audio workstation market size is expected to grow from USD 2.0 billion in 2018 to USD 3.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. Key factors driving the digital audio workstation market include the increased focus on digitization of instruments and increased adoption of cloud in the music industry to enhance the music production process.

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April 11, 2019

Key Revenue Pockets - Mass Flow Controller Market

The mass flow controller market is expected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2024, at a CAGR of 6.21%. Growing demand for mass flow controllers in semiconductors industry, surging demand for intelligent flow meters in the chemicals and water & wastewater industries and increasing demand for mass flow controllers in fuel cells for renewable energy applications are the key factors driving the growth of the mass flow controller market.

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April 11, 2019

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