Wound Care Market is expected to expanding at a CAGR of 4.3% from 2016 to 2022

According to the latest report published by Credence Research, Inc. “Wound Care Market – (Product Type – Advanced Wound Closure: Haemostatic and Sealing Agent, Topical Tissue Adhesive, and Wound Closure Devices, Advanced Wound care: Moist Wound Dressings, Active Wound Care, and Therapy Devices; Application – Chronic Wounds, and Acute Wounds) :Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the  market was valued at USD 14.6 Bn in 2015, and is expected to reach USD 19.8 Bn by 2022, expanding at a CAGR of 4.3% from 2016 to 2022.

Market Insights

The global wound care market involves various products that help in healing and preventing infection. Wound care & closure and advanced wound care & closure products are used to treat acute and chronic wounds. Chronic wounds are hard to heal and take substantial time to heal. Advanced wound care & closure products are emerging as a standard solution for treating chronic wounds. North America held the largest regional market, accounting for the share of over 35% in 2015, and is anticipated to dominate the global wound care market during the forecast period of 2016 to 2022. Rising geriatric population susceptible for diabetes and rising volume of surgical procedures would also assist the wound care market in North America. Asia Pacific is expected to grow at a highest growth rate during the focus period, due to growing medical investments and healthcare infrastructure in Asia Pacific, especially in the countries such as China, Japan and India.

Browse the full report Wound Care Market: Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/wound-care-market

The advance wound closure products held the largest market in the global wound care market. Rising lifestyle diseases that lead to chronic wounds such as diabetic foot ulcers and growing number of cosmetic, plastic and other surgical procedures has boosted the market growth. The advance wound care product is anticipated to grow at a faster rate due to the growing awareness about wound management and effectiveness of the products.

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The chronic wound market held the largest segment in the global wound care market. The diabetic foot ulcer treatment held the largest share in the chronic wound segment. Rising number of diabetes cases globally is the major driver for the growth of this market. The acute wounds market is expected to grow at a faster rate due to the rising number surgical and traumatic cases in the world, driving the wound care market.

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Malic Acid Market is estimated to expand with a CAGR of 6.3% from 2015 to 2022 by Credence Research

According to a new market research report published by Credence Research “Malic Acid Market(Beverages, Confectionery, Food, Personal care products and pharmaceuticalsand Other) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”the global malic acid market was valued at US$ 143.0 Mn in 2014 and is estimated to expandwith a CAGR of 6.3% from 2015 to 2022.

Malic Acid Market

Market Insights

Malic acid is widely used as a preservative in various food and beverages products owing to rising food safetyconcerns, desire for convenience and increased popularity of processed food and ready to drink beverages along with improving standard of living. Furthermore, growing market demand for new beverages and food products, especially fruit flavoured beverages and food is projected to fuel the malic acid market. The increasing popularity for personal care products is also projected to be a major demand driver for malic acid. The usage of malic acid in food and beverages industry is approved by various regulatory agencies such as FDA, EFSA, and FSSAI among others and hence this is also one of the major reasonstowards market growth and is also projected to propel the market demand over the coming few years.

Browse the full report at http://www.credenceresearch.com/report/malic-acid-market

Confectionery is another lucrative segment for malic acid. Rising demand for confectionery products such as gum, jellies, jams, candies is also projected to contribute towards the malic acid market growth. During the forecast period the demand for malic acid is projected to be highest from Asia Pacific and RoW regions. Countries such as India, China, Latin America, Middle East and Africa would be the chief contributors towards market growth as the concerns regarding the health and nutrition are comparatively nascent, and nutrition foods and beverages and diet products have less market penetration in these regions. However, volatility in the prices raw material can act as a major factor restraining the market growth.

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Competitive Insights:

Players in this market are focusing on R & D for increasing application scope for malic acid. Further, they are also focusing on new product development to meet the specific client requirement for different products. Some of the key market participants present in this market are Miles Chemical, FUSO, Polynt, Yongsan Chemicals, Bartek, and Prinova LLC among others.

Key Trends:

·         Geographical expansion through organic as well as inorganic growth

·         Malic acid is suitable for wide range of applications

·         Emphasis on food and confectionery segment

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Latest report on Global Real Time Location System (RTLS) Market 2023, Credence Research

According to a new market report published by Credence Research Inc., “Real Time Location System (RTLS) Market (By End-use Vertical (Healthcare, Transportation and Logistics, Industrial Manufacturing & Processing, Government, Hospitality, Retail, and Other End-use Verticals), By Technology (RFID, Wi-Fi, ZigBee and UWB, GPS, Ultrasound, Infrared, and Other Technologies)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022”, the global real time location system market is expected to grow at a CAGR of 38.6% during the forecast period 2015 to 2022.

Market Insights

Real time location systems are technology driven systems that use tags and readers to identify, find, track, and manage the location of assets or people in real-time, generally within a confined area. To sustain profit margins and market position, enterprises are increasingly turning towards technology for increasing their asset utilization and operational efficiency.

Browse the full Real Time Location System (RTLS) Market @ http://www.credenceresearch.com/report/real-time-location-system-rtls-market

However, even after being in the market for over a decade, the technology hasn’t received enough acceptance. This majorly owes to issues like lack of interoperability between various technology infrastructures and uncertainty over return on investment. However, growing encouragement through government initiatives and heavy investments in the development of different tracking technologies are expected to propel market growth in the coming years.

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Competitive Insights:

The global real time location system market is highly fragmented and technology driven, requiring vendors to understand distinct requirements and differences between varied end-use verticals. The leading four vendors accounted for less than 45% of the global real time location system market revenue in base year 2014. There exists high degree of competition amongst existing players. Some of the leading and promising players identified in the ecosystem include Stanley Healthcare Solutions (Aero Scout Inc.) (the U.S.), Zebra Technologies Corporation (the U.S.), Ekahau, Inc. (the U.S.), Motorola Solutions Inc. (the U.S.), Aware point Corporation (the U.S.), Ubisense Group Plc (the U.K.), Identic Solutions (Liechtenstein), TeleTracking Technologies, Inc. (the U.S.), Versus Technology, Inc. (the U.S.) and  Savi Technology, Inc. (the U.S.) among others. Focus on developing robust and innovative solutions through research and development is the primary strategy adopted by the players in the market.

Key Trends:

·         Emergence and adoption of cost-effective technologies including ZigBee and Ultra Wideband

·         Popularity of smart factories to support adoption of real time location systems in the industrial sector

·         GPS and RFID technology not ideal for indoor location tracking

·         Issues including lack of interoperability and privacy concerns have posed biggest challenge to the growth of real time locating system market.

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Infusion Pumps Market : Forecast for next 6 years with Key Companies Profile

​According to the latest report published by Credence Research, Inc. “Global Infusion Pumps Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the infusion pumps market was valued at USD 3,325.15 Mn in 2015, and is expected to reach USD 4,698 Mn by 2022, expanding at a CAGR of 5.2% from 2016 to 2022.

Browse the full report Global Infusion Pumps Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report athttp://www.credenceresearch.com/report/infusion-pumps-market

Market Insights

Infusion pumps represents a novel class of drug delivery and has found usage in a wide range of applications. The chief factors contributing to the growth of infusion pumps market are phenomenal rise in prevalence of diabetes, chronic pain and cancer, and technological advancements coupled with rising pool of geriatric population. User-friendly design, safety, reliability and ergonomic nature also have significantly supported the growing demand for infusion pumps.

Ambulatory pumps have the widest use among the infusion pumps options currently available in the market. Wireless connectivity and ease of use highlight the adoption of ambulatory pumps in the international markets. On the other hand, products such as insulin pumps will have wide adoption due to large disease prevalence. Implantable pumps segment will experience a slight decline during the forecast period due to the past reporting of malfunction and implant rejection. Anticipated to regulatory guidelines and safety measurements would however mitigate the issue and thereby balance the market growth. Additionally, high incidence of diabetes and use of insulin will lead to the rapid growth of insulin pumps market in diabetes management segment.

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In terms of end-users, this market is categorized into hospitals, ambulatory care, home care, and physicians office and clinics. Among these, hospitals is the largest segment in 2015 and will correspond to the overall infusion pumps market growth. Evolved reimbursement policies for home care infusion pumps would further lead to high demand for the devices during the forecast period.

Some of the major players in the global infusion pumps market include CareFusion Corporation, B. Braun Melsungen AG, Johnson & Johnson, Baxter International, Hospira, Smiths Medical and others. North America, Europe, Asia-Pacific, Middle East and North Africa, and Latin America cumulatively make the global market. North America is the largest market for insulin pumps and together with Europe, take over 60% of the global market share in 2015. Asia Pacific is the fastest growing regional market for insulin pumps.

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A2P SMS Market 2023 : Global Industry Information, Industry Outlook and Market Forecast 2016-2023 |Credence Research

​According to a new market report published by Credence Research Inc., “A2P SMS (Customer Relationship Management (CRM) services, Push Content Services, Promotional Campaigns, Interactive Services, and Other Services (Query & Search-Based Services)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the global A2P market is expected to expand at a CAGR of 4.9% from 2015 to 2022, exceeding US$ 78.0 Bn by 2022.

Service and Market Insights

Short Messaging Service (SMS) is one of the easiest to use and ubiquitous forms of communication. Although SMS technology is no longer the mainstay for peer-to-peer (P2P) communication, its reliability, interoperability, and ubiquitous nature makes it the preferred carrier technology for the application to person communication. The Application-to-Person (A2P) SMS market is matured and is expected to exhibit modest growth over the forecast period 2015 – 2022. The market is expected to witness healthy growth between 2013 and 2017, with A2P SMS traffic exceeding 2 trillion messages by 2017. During this period, the mobile operators and third party service providers are expected to introduce a wide range of services across industries that use A2P SMSs for service initiation, monitoring or control. However, with the swift penetration of smartphones, the balance is expected to shift away from SMS as more products will use the IP network.

Browse the full A2P SMS Market at http://www.credenceresearch.com/report/a2p-sms-market

Competitive Insights:

The global A2P SMS market is highly fragmented with the presence of large number of participants in the ecosystem. Different participants included in the A2P SMS ecosystem include bulk SMS providers, SMS aggregators, SMS gateway providers, mobile advertisers, and telecom operators. Amongst these, telecom operators offering SMS in bulk to SMS aggregators account for the majority of the market revenue share in 2014. Some of the leading players profiled in the research study include Aicent, Inc. (the U.S.), AMD Telecom SA (Greece), Dialogue Communications Ltd. (UK), mBlox (the U.S.), Syniverse Technologies LLC (the U.S.), Tanla Solutions Ltd. (India), Ogangi Corporation (USA), Angkor Data Communications Group Co., Ltd. (Cambodia), Symsoft AB (Sweden), Optimizer HQ (New Zealand), Silverstreet BV (The Netherlands), and Wavecell Pte., Ltd. (Singapore) among others. Currently, there is a push from telecom operators and SMS service providers to use SMS channels for verticals beyond social networking. This is in the form of SMS-based alerts for ticketing, bill payment, and clinic appointment reminders among others.

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Recommendations for Market Players:

• Service providers should look for a carrier technology which is reliable and not prone to data leakages. Carrier grade messaging can suffice these requirements.
• Work with OTT (Over-the-Top) players through SMS APIs
• Pair SMS with other Technologies like GPS (Global Positioning Systems) and NFC (Near Field Communication)
• Make A2P SMS more user friendly
• Augment the use of A2P SMS for enterprise and SME messaging
• Focus on delivering better service rather than the technology development

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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Biometric Technology Market : Global Industry Information, Industry Outlook and Market Forecast 2016-2023 |Credence Research

​According to a new market report published by Credence Research Inc “Biometrics Technology Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the biometrics technology market is expected to reach US$ 34.5 Bn by 2022, with its increasing adoption in both public as well as private sectors. Governments of the countries across the world are adopting biometrics technologies for access authorization, identification and verification, e-passport management and national border control projects. This is the primary factor influencing the growth of biometrics systems market. In addition, biometric systems are increasing being used in attendance management in business organizations, residential and commercial security applications and for online banking transactions. Biometric technology is also increasingly used in electronic devices and motor vehicle for access management. Rising adoption of biometrics technology due to increasing security concerns is the key factor expected to influence the demand for biometrics solutions throughout the forecast period.

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The biometrics technologies are classified into face recognition, hand geometry recognition, voice recognition, signature recognition, iris recognition, automated fingerprints identification systems (AFIS), non-AFIS and others. Non-AFIS systems accounted for the majority of revenue share in 2012 as they are less expensive and convenience than other biometrics technologies. Iris recognition systems are expected to see the fastest growth as they offer higher level of security and stability. Hand geometry systems is also expected to see a significant growth through the forecast period with its increasing adoption in business organization for attendance management application

Transportation and immigration represents the largest end use segment for biometrics technology in 2014. Increasing deployment of security solutions at air ports and public transportation facilities is further expected to increase the demand for biometric solutions from this segment. In addition, significant demand for biometric technologies is expected from banking and finance and government sector with rising fraud and security concerns in these sectors.

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Asia pacific expected to see the fastest growth with increasing adoption of biometrics technologies particularly in India and China. North America accounted for the largest revenue share followed by Europe in 2014. In North America and Europe, banking and financial industry represents a lucrative market segment for biometrics technology. The global biometrics industry is concentrate with large number of multinational players. Some major players in this industry include Morpho SA (Safran), NEC Corporation, 3M Cogent, BIO-Key International, Inc., Fujitsu Limited and Siemens AG

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Research Report explores the Global X-Ray Equipment Market 2023, Credence Research

​The latest market report published by Credence Research, Inc. “Global X-ray Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2022,” the x-ray equipment market was valued at USD 8,495.9 Mn in 2015, and is expected to reach USD 11,752.2 Mn by 2022, expanding at a CAGR of 4.71% from 2016 to 2022.

Market Insights

The electromagnetic ionizing radiation that possesses diversified applications in several industries is known as X-ray. In healthcare industry, X-ray devices account for the largest share of the diagnostic imaging market due to key market driving factors such as aging population, technological and infrastructural developments, rising prevalence of lifestyle diseases. It was also observed that the demand for portable and mobile X-ray equipments along with other diagnostic imaging devices has increased immensely in the last few years and is expected to show significant growth due to its convenience in use. 

Browse the full report X-ray Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/x-ray-equipment-market

The market experts suggest that, the opportunities observed in x-ray market are need of improved diagnosis for aging population, and rising public awareness associated with early disease diagnosis. However, a few market challenges such as achieving competitive advantage in such a mature market are difficult for new market players and high costs of advanced devices could result in lower adoption rates. Moreover, existence of large population with unmet needs in most of the emerging economies of the world would continue to provide future opportunities for the growth of the market during the forecast period 2016 – 2022.

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Market Competition Assessment:

The key market leaders in x-ray equipment market are GE Healthcare, Philips and Siemens. However, globally the x-ray equipment market comprises approximately 40 notable players. Shimazdu Corporation is an Asia-based manufacturer that holds a significant market position in the X-ray devices market in 2015, due to increased adoption of their manual and motorized mobile X-ray systems. Other players involved in the x-ray equipment market are Fujifilm Holdings Corporation, Agfa-Gevaert N.V., MinXRay, Inc., Konica Minolta, Inc., Hologic, Inc., Hitachi Medical Corporation, and Varian Medical Systems, Inc. Thus, the well established companies with huge capital reserves are expected to dominate the market throughout the forecast period.

Key Market Movements:

• High prevalence and increasing incidence of cardiovascular, pulmonary, oral (dental) diseases and other diseases across the world
• New, improved and technologically advanced x-ray systems are being commercialized globally
• Rapidly aging global population accompanied with increased health care needs

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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Smart Grid Data Analytics Market : Research Report, Industry Outlook and Forecast 2023

​According to a new market research report published by Credence Research “Smart Grid Data Analytics (AMI Analytics, Demand Response, Asset Management, Grid Optimization and Others (Energy Data Forecasting, Visualization Tools etc.)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the global smart grid data analytics market was valued at US$ 1,453.9 Mn in 2014 and is estimated to expand with a CAGR of 15.9% from 2015 to 2022.

Market Insights

Smart grid data analytics refer to a subset of Big Data analytics solutions used for analyzing the huge volumes of data generated from the smart grid network. These solutions are designed to analyze various parameters such as consumer behavior, energy consumption patterns, health of the grid components and others. The primary consumers for smart grid data analytics solutions are the utility service providers. These solutions are set up at the end of utility providers in order to help taking better decisions for optimizing the grid operations. With rising consumption of electricity coupled with the challenges in its generation, grid owners are expected to increasingly shift towards smart grids in the near future. This is expected to substantially spur the smart grid data analytics market growth in the coming years.

The market for smart grid data analytics solutions is largely driven by the smart grid systems penetration worldwide. Thus, increasing investment in the smart grid sector is expected to substantially fuel the demand for smart grid data analytics solutions in the coming years. Currently, the U.S. and China are among the leading countries, in terms of investment in the smart grids sector. Thus, these countries are currently the prime markets for smart grid data analytics solutions..

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Competitive Insights:

The global smart grid data analytics market is fragmented and highly competitive in nature with large number of existing as well as emerging players in the industry. Most of the companies operating in the market are software giants making the market technology driven. Due to its anticipated high growth in the coming years, more companies are expected to enter the market in the near future. Currently, majority of the software vendors are turning towards partnerships and joint ventures with different players operating in the relative markets. One of the most significant instances is the OMNETRIC Group, a joint venture for smart grid data analytics solutions between Siemens AG and Accenture Plc.

Key Trends:

• Development of AMI analytics solutions due to growing adoption of smart meter infrastructure worldwide
• Expansion through partnerships, joint ventures and acquisition
• Emergence of considerable number of start-ups in the industry
• Emphasis on cloud-based analytics solutions.

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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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