Wednesday 22 November 2017

Schizophrenia drugs market Projected to be valued at USD 7.9 billion by 2022 : Grand View Research, Inc.

The global schizophrenia drugs market is expected to be valued at USD 7.9 billion by 2022, as per a new report by Grand View Research, Inc. The schizophrenia market is anticipated to be collectively driven by improved drug delivery technologies, availability of Long-Acting Injectables (LAIs) and increase in patients seeking treatment. The major features assisting uptake of novel drugs would be fast onset of action, accessibility to patients, efficiency and high patient compliance.
Schizophrenia imposes substantial burden on patients, their families and the overall society. Increasing awareness among patients and physicians in the field of mental health, particularly schizophrenia is likely to increase the penetration of these drugs in the market. Currently, second and third-generation antipsychotics capture significant market share. Pipeline drugs, undergoing clinical trials intend to block specific subtypes of serotonin and dopamine receptors which would help minimize the symptoms, modulate increased dopamine levels and further improve memory.
The growth in schizophrenia market is anticipated to be primarily driven by the arrival of late-stage pipeline products, such as Intra-Cellular Therapies’ ITI-007 and Alkermes’ ALKS-3831 which are directed towards the treatment of negative symptoms; however, there are significant unmet needs in the schizophrenia treatment space. Poor understanding about the exact disease mechanism remains, preventing the discovery of a therapeutic breakthrough. Hence, there is a need for innovation in drug delivery technologies for the treatment of this debilitating disorder.
Further key findings from the report suggest:
  • The global schizophrenia drugs market is segmented by therapeutic class into first, second and third-generation antipsychotics
  • Few of the prominent players operating in this industry are Johnson & Johnson, Bristol-Myers Squibb/ Otsuka Pharma, AstraZeneca, Sumitomo Dainippon, Eli Lilly, Alkermes, Vanda Pharma, Allergan and Pfizer
  • Several market players are expected to work upon serving the unmet market needs, identifying new targets and consequentially develop stronger drug pipelines
  • The market share captured by generics is expected to grow by 2022, due to branded drugs losing their patent exclusivity and becoming generic
  • Regionally, among the EU5 markets, Germany captured the second position in the global schizophrenia drugs market. Japan is expected to witness the fastest growth over the forecast period
  • China and India are emerging as an opportunity for market expansion
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/pharmaceuticals
Grand View Research has segmented the global schizophrenia therapeutics market based on drug class and treatment:
Therapeutic Class Outlook (% Market Share; 2016 – 2022)
  • Second-Generation Antipsychotics
    • Risperdal (Risperidone)
    • Invega (Paliperidone)
    • Zyprexa (Olanzapine)
    • Geodon (Ziprasidone)
    • Seroquel (Quetiapine)
    • Latuda (Lurasidone)
    • Aristada (Aripiprazole Lauroxil)
    • Fanapt (Iloperidone)
    • Saphris (Asenapine)
    • Vraylar (Cariprazine)
  • Third-Generation Antipsychotics
    • Abilify (Aripiprazole)
  • Others
    • First-Generation Antipsychotics
    • Generics
Treatment Outlook (% Market Share; 2016 – 2022)
  • Oral Antipsychotics
  • Injectable Antipsychotics
Regional Outlook (% Market Share; 2016 – 2022)
  • S.
  • K.
  • France
  • Germany
  • Italy
  • Spain
  • Japan
View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-schizophrenia-drugs-market
About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Tuesday 21 November 2017

Non-invasive brain trauma monitoring devices market Expected To Grow Due to rising incidences of Traumatic Brain Injuries (TBIs) Till 2024 : Grand View Research , Inc.

The global non-invasive brain trauma monitoring devices market is expected to reach USD 15.12 billion by 2024, according to a new report by Grand View Research, Inc. The rising burden of Traumatic Brain Injuries (TBI) is a leading cause of neurodegenerative disorders such as Alzheimer’s and Parkinson’s disease. As a result, there are numerous initiatives taken at the regional and global levels to create awareness, which facilitated a heavy diagnosis rate, thus governing the growth of non-invasive brain trauma monitoring devices.
Technological advancements in this field are connected with accuracy, portability, and affordability, which are supporting the industry growth. For instance, recently available non-invasive intracranial pressure monitors, such as Transcranial Doppler (TCD), are accurate in positioning and creating a better pressure gradient and also bringing in more accuracy in the treatment.
The Minimally Invasive Surgeries (MIS) are less traumatic to patients and facilitate faster recovery with minimum complications. In minimally invasive neurological surgeries, non-invasive brain trauma monitoring devices play a critical role. Thus, the increasing volume of MIS is driving the industry’s growth.
The key target population in this industry includes people above 60 years. This section of the population is at a greater risk for TBIs and their co-morbidities. The global geriatric population is on arise and is a vital driver for this industry.
Further key findings from the study suggest:
·         Monitoring devices that include intracranial pressure monitors, MRI scanners, CT scanners, PET scanners, EEG, and MEG held a substantial share of around 60.0% in 2015. The high costs associated with this equipment and the increasing usage of these devices governed the growth of this segment.
·         The consumables sub-segment in the product segment is anticipated to witness lucrative growth over the forecast period. The repeat purchase of consumables and regular maintenance activities are expected to spur the demand for these products. 
·         The market on the basis of end-use is segmented into hospitals, neurological centers, and other settings. The hospital segment dominated the end-use segment with over 75.0% of the revenue. The greater volume of surgeries performed in hospitals contributed to its growth. 
·         On the contrary, neurological centers are expected to grow at a sturdy rate over the forecast period. The availability of specialized staff and advanced methodologies are likely to boost the demand for this segment. 
·         North America dominated the non-invasive brain trauma monitoring devices market in 2015. The advanced healthcare system, high awareness level, and well-planned reimbursement policies helped this market to grow in this region. However, Asia Pacific is anticipated to witness significant growth over the forecast period. 
·         Some key players operating in this industry include Natus Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, GE Healthcare, Advanced Brain Monitoring, CAS Medical Systems, Inc., Siemens, Compumedics Ltd., Medtronic Plc., and Integra LifeSciences. New product launches, co-developments, and acquisitions are the key initiatives in this industry. 
·         For instance, in January 2013, Natus Medical acquired Astro-Med’s products included in monitoring and neurodiagnostic products. This acquisition helped the company to widen the portfolio of EEG systems.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global non-invasive brain trauma monitoring devices market on the basis of products, end-use, and region:
Global Non-invasive Brain Trauma Monitoring Devices Market By Product (USD Million), 2013 - 2024
·         Monitoring Devices
o    Intracranial Pressure Monitors
o    MRI
o    CT Scanner
o    PET Scanner
o    EEG
o    MEG
o    Other
·         Consumables
o    Hospital
o    Neurological Centers
o    Others
Global Non-invasive Brain Trauma Monitoring Devices Market By End-use (USD Million), 2013 - 2024
·         Hospital
·         Neurological Centers
·         Others
Non-invasive Brain Trauma Monitoring Devices Market By Region (USD Million), 2013 - 2024
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
·         Asia Pacific
o    Japan
o    China
·         Latin America
o    Brazil
o    Argentina
·         MEA
o    South Africa
o    Saudi Arabia
About Grand View Research 
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com




Sports Composites Market Estimated to Grow due to Rising Demand for durable materials in the production of rackets Till 2024 : Grand View Research, Inc.

The global sports composites market is expected to be valued at USD 4.58 billion by 2024, according to a new report by Grand View Research, Inc. The market is expected to exhibit significant growth owing to increasing demand for high-performance materials for manufacturing lightweight as well rigid sporting goods.
Growing replacement of traditional steel with light weight carbon fiber in golf clubs due to increased carry distance is expected to drive the market over the forecast period. Furthermore, increasing investment by manufacturers for the development of durable composites in manufacturing sports equipment is expected to bolster growth.
Carbon fiber is expected to witness the fastest growth over the forecast period due to its increasing use for manufacturing sports goods such as hockey sticks and rackets. Superior properties such as high tensile strength, impact absorption, durability, and weight reduction of the equipment offered by these materials are likely to drive demand over the projected period.
Epoxy based composites are expected to be the fastest growing resin segment in the market owing to its heat resistant properties which facilitate its use in rackets and snowboards manufacturing. Epoxy resins are widely used along with carbon fiber for manufacturing skis, rackets, and bicycle parts.
Further key findings from the report suggest:
·         Golf clubs was the largest application for the market accounting for over 38.0% of the revenue share in 2015. Rising popularity of the sport as a leisure pursuit coupled with affordable and easy access to new golf courses is likely to propel demand over the forecast period.
·         Glass fiber composites are expected to witness significant growth owing to its rising demand for skis and snowboards application. Better strength, lower friction and superior performance in salty seawater conditions are the key factors driving the market demand. Furthermore, increasing demand of skis & snowboards due to growing adoption of water sports is expected to have a positive impact on the industry growth over the next eight years.
·         Carbon composites are expected to account for a significant share and are likely to grow at a CAGR of over 6.0% from 2016 to 2024 owing to their rising demand for manufacturing bicycle frames, surfboards, and skis. Moreover, decreasing prices, increased durability and weight reduction offered by these products are likely to drive demand.
·         Asia Pacific is estimated to grow at a CAGR of more than 6.0% from 2016 to 2024 owing to growing popularity of various sports including tennis, badminton and golf. Rapid industrialization coupled with low labor cost and easy availability of raw materials in the region is anticipated to drive the industry growth over the forecast period.
·         The industry in Germany is expected to reach over USD 297 million by 2024 due to increased adoption of carbon and glass composite materials for manufacturing premium sports goods such as bicycles and polo sticks. The presence of key sporting goods manufacturers in the region including Adidas Group and Puma are likely to open new avenues for the product market over the next eight years.
·         Key players in the industry include Aldila Inc., Jarden Composites, ProKennex, Amer Sports, Fischer Sports GmbH, Rossignol, and Topkey Corporation. Some of the raw material suppliers profiled are Toray Industries Inc., E. I. du Pont de Nemours and Company, Hexion Inc., and SGL Group.
Browse more reports of this category by Grand View Research:  http://www.grandviewresearch.com/industry/specialty-glass-ceramic-and-fiber
Grand View Research has segmented the sports composites market on the basis of resin, material, application and region:
Sports Composites Market Resin Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)
·         Epoxy
·         Polyurethane
·         Polyamide
·         Polypropylene
·         Others
Sports Composites Market Material Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)
·         Carbon
·         Glass
·         Others
Sports Composites Market Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)
·         Golf Clubs
·         Hockey Sticks
·         Rackets
·         Bicycle
·         Skis and Snowboards
·         Others
Sports Composites Market Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    Germany
o    UK
o    Spain
·         Asia Pacific
o    China
o    India
o    Japan
·         Latin America
o    Brazil
·         Middle East & Africa
o    South Africa
View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-sports-composites-market
About Grand View Research 
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com



Parking Management Market Estimated To Grow Due to Increasing traffic congestion Till 2024 :Grand View Research Inc.

The global parking management market size is expected to reach USD 8,438.4 million by 2024 according to a new study by Grand View Research, Inc. The increased public sector funding and constructive government initiatives are presumed to strengthen the global parking management industry growth. The market is anticipated to experience a surge in the demand for parking management solutionsin the commercial and government application segments and is expected to propelthe industry growth.
The emergence of smart parking systems helps inefficiently addressing the traffic woes and parking-related issues. The system helps in minimizing fuel usage and consequently reducesautomobile emissions. The industry is expected to gain tractiondue to thedevelopment of systems with sophisticated features such as handicapped parking, auto-payment options, and voice guidance enabled through mobile phone applications.
An increasing number of vehicles is impacting the availability of parking lots and is consequently fueling the demand for implementing parking management solutions across the globe. The systems help in making the cities cleaner, greener, and compact. The growing smartphone penetration will benefit the industry by increasing its reach. These parking mobile applications are expected to offer local businesses an opportunity to attract their most potential customers and provide them with the best offers for customers looking for parking.
Further key findings from the study suggest:
·         The government application segment dominated the global parking management industry accounting for over 60% of the market share in 2015. The rising demand for minimizing vehicular emissions and effectively managing on-road automotive is expected to trigger the wide-scale adoption of parking management solutions in the government sector
·         The North America regional market accounted for 40% of the overall revenue share in 2015. The rising interest of automobile manufacturers in the U.S. and Canada to develop parking management systems is projected to fuel growth in the region
·         The demand for the parking reservation management solution segment accounted for 15% of the overall market share in 2015.This demand is expected to increase in the metropolitan cities as vehicle ownership is increasing, which is leading to parking problems. The parking reservation management reduces traffic congestion issues due to better parking space, reduced search time, cost for parking spaces, and increased parking revenue
·         The service segment accounted for 18% of the global market share in 2015. The parking management solution providers, mobile payment companies, and parking data aggregators are changing the way parking is seen by the end-users and operators. This segment includes revenue generated from consultancy services, engineering services, and revenue generated by companies offering parking services through the mobile application. The segment is expected to be the fastest-growing component segment
·         The key players in the industry include Amano, 3M, Cubic Corporation, Swarco AG, Siemens AG, Kapsch TrafficCom, Xerox Corporation, and IBM Corporation
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-transportation
Grand View Research has segmented the global parking management market on the basis of application, parking site, component, solution, and region:
Parking Management Application Outlook (Revenue, USD Million, 2014 - 2024)
·         Transport transit
·         Government
·         Commercial
Parking Management Parking Site Outlook (Revenue, USD Million, 2014 - 2024)
·         On-street
·         Off-street
Parking Management Component Outlook (Revenue, USD Million, 2014 - 2024)
·         Hardware
·         Software
·         Service
Parking ManagementSolution Outlook (Revenue, USD Million, 2014 - 2024)
·         Access control
·         Security & surveillance
·         Revenue management
·         Parking reservation management
·         Valet parking management
·         Others
Parking Management Regional Outlook (Revenue, USD Million, 2014 - 2024)
·         North America
·         Europe
·         Asia Pacific
·         Latin America
·         MEA
View press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-parking-management-market
About Grand View Research 
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com