Thursday 7 December 2017

Sportsmedicine market expected to reach USD 12.5 billion by 2025 : Grand View Research, Inc.

The global sportsmedicine market is expected to reach USD 12.5 billion by 2025, according to a new report by Grand View Research, Inc. Rising incidences of sports related injuries worldwide is anticipated to be high impact rendering driver for the lucrative growth of sports medicine market.
As per data published by the U.S. Consumer Product Safety Commission’s National Electronic Injury Surveillance System (NEISS) in 2012, around 1.9 million people encountered such injuries. Additionally, with aid of fitness awareness initiatives from government and health organizations, people nowadays are more focused on physical exercise including gym, outdoor sports and others fitness activities. With this people are more prone to injuries, hence contributing to the remunerative growth of market.
Additionally, influx of technologically advanced products such as minimally invasive surgical products is anticipated to increase the demand for these devices over the forecast period. For instance, in March 2015, Smith & Nephew launched Q-FIX implant which assists surgeon’s flexibility for all sutures anchors along with fixation and pull-out strength equivalent to large sized anchors.
Similarly, in May 2014 Smith & Nephew acquired ArthroCare, a medical device company based in the U.S. specialized in tissue repair devices. This acquisition helped the company to enrich its sports medicine product portfolio.

Further key findings from the study suggest:
·         Body reconstruction and repair devices consisting of surgical equipment, soft tissue repair, and bone reconstruction devices held significant share in 2016 and also this segment is anticipated to exhibit lucrative growth rate over the forecast period.
·         Knee-related applications held largest market share in 2016.The knee injuries are the most frequent in most of the games such as soccer, basketball, bicycle, and running which supported the dominion in application segment.
·         In the therapeutic segment, cardiology, IVD, and drug delivery are the top performing segments. Rising incidences of cardiac failures, infectious diseases and high research activity in the field of drug delivery are certain vital impact rendering factors.
·         North America, held commanding shares in global sports medicine market. Improved healthcare infrastructure and high healthcare expenditure are key factors responsible for growth. In addition, presence of organizations which are dedicated in field of sports medicine such as the American College of Sports Medicine (ACSM) facilitated availability of adequate and qualified staff.
·         The key players of the industry include Stryker Corporation, Arthrex, ArthroCare, Tornier N.V., Wright Medical Technology, DJO Global, Otto Bock Healthcare, Ossur HF, Zimmer Holdings Inc., and Smith & Nephew Plc.
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global sports medicine market on the basis of product, application, and region:
Global Sports Medicine Product Outlook (Revenue, USD Million, 2014 - 2025)
·         Body Reconstruction and Repair
o    Surgical Equipment
o    Soft Tissue Repair
o    Bone Reconstruction Devices
·         Body Support and Recovery
o    Brace and Support Devices
o    Compression Clothing
o    Hot and Cold Therapy
·         Body Monitoring and Evaluation
o    Cardiac
o    Respiratory
o    Hemodynamic
o    Musculoskeletal
o    Others
·         Accessories
o    Bandages
o    Tapes
o    Disinfectants
o    Wraps
o    Others
Global Sports Medicine Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Knee
·         Shoulders
·         Ankle and Foot
·         Back and Spine
·         Elbow and Wrist
·         Hip
·         Others
Sports Medicine Regional Outlook (Revenue, USD Million, 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
·         Asia Pacific
o    Japan
o    China
·         Latin America
o    Brazil
o    Mexico
·         Middle East and Africa (MEA)
o    South Africa
o    Saudi Arabia
View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-sports-medicine-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




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Speech analytics market expected to reach USD 1.64 billion by 2025 : Grand View Research, Inc.

The speechanalytics market is expected to reach USD 1.64 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to witness a robust growth exceeding a CAGR of 10% over the forecast period. This growth is ascribed to the increasing emphasis by organizations on improving the market intelligence capabilities along with the growing prominence of voice in the multi-channel world.
The number of contact centers is increasing, resulting in industry players to innovate speech analytics solutions, which help companies understand the changing customer requirements. The technology has been increasingly adopted in consumer electronics devices, including laptops, smartphones, and tablets, as it significantly increases the enterprise’s scope as well as improves performance. This, in turn, has resulted in elevating adoption of speech analytics solutions worldwide. In addition, upcoming technologies, such as voice print authentication, are estimated to spur growth over the coming years.
Furthermore, the rising demand for risk management solutions and cloud analytics is also anticipated to favorably impact growth over the next nine years. These solutions offer several growth opportunities as this solution helps optimize performance and enhance customer experience. However, issues pertaining to lack of awareness and rise in cost may pose a challenge to the speech analytics market growth in the near future.

Further key findings from the report suggest:
·         The service segment is anticipated to grow at a CAGR exceeding 8.0% from 2016 to 2025, which is attributed to the wide product and solution portfolio offerings by service firms operating in the market.
·         The cloud-based deployment segment captured over 25.0% of the total revenue share in 2015 and is anticipated to exhibit growth of over 9.0% from 2016 to 2025, primarily ascribed to the cost benefits and improved performance offered by cloud over the on-premise solutions, along with the increasing adoption of cloud analytics in contact centers.
·         Speech analytics allows organizations to work on unstructured data obtained through customer interactions to enhance customer experience and gain a competitive advantage on account of which the small & medium-sized enterprise segment is expected to gain prominence over the forecast period.
·         The telecommunication segment accounted for a significant market share in 2015, capturing over 15% of the entire revenue share in the same year, which is majorly due to the integration of speech analytics into enterprise systems to enhance efficiency as well as customer experience.
·         Asia Pacific is expected to emerge as the fastest growing region with a CAGR exceeding 12.0% over the forecast period, which is mainly on account of rapid industrialization, and since, organizations have become more competitive and are focusing on better customer service. 
Browse more reports of this category by Grand View Research: https://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the speech analytics market on the basis of type, deployment, enterprise size, end-use, and region: 
Type Outlook (Revenue, USD Million; 2014 - 2025)
·         Solution
·         Service
Deployment Outlook (Revenue, USD Million; 2014 - 2025)
·         On-premise
·         Cloud
Enterprise Size Outlook (Revenue, USD Million; 2014 - 2025)
·         Small & Medium Enterprise
·         Large Enterprise
End-Use Outlook (Revenue, USD Million; 2014 - 2025)
·         BFSI
·         Telecommunication
·         IT
·         Retail
·         Healthcare
·         Government
·         Hospitality
·         Others
Regional Outlook (Revenue, USD Million; 2014 - 2025)
·         North America
o    U.S.
o    Canada
·         Europe
o    UK
o    Germany
o    France
·         Asia Pacific
o    China
o    India
o    Japan
·         Latin America
o    Brazil
o    Mexico
·         Middle East & Africa
o    Saudi Arabia
o    UAE
View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-speech-analytics-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
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Functional foods market Expected to reach USD 255.10 billion by 2024 : Grand View Research , Inc.

The global functional foods market is expected to reach USD 255.10 billion by 2024, according to a new report by Grand View Research, Inc. Growing geriatric population, healthcare costs, consumers ‘consciousness towards their well-being, and changing lifestyle is expected to drive the functional foods market growth over the forecast period. These foods have the ability to combat various diseases progression and provide promising health benefits to individuals.
Fish oils which contain long-chain omega-3 fatty acids are categorized as a functional food that helps in reduction of cardiovascular diseases and lowers the total cholesterol level. Yogurt, which has lactobacillus bacteria, contributes to improving the quality of intestinal microflora.
However, the functional food is mostly attributed to possess “credence attributes” that is the product attributes cannot be claimed directly by the consumers. Such a factor is expected to critically affect the global industry over the forecast period.
Labeling on a product might claim that it constitutes extra dosage of calcium, which helps in preventing osteoporosis disease. However, consumers are unable to evaluate such claims as the nutrients cannot be smelled or tasted and do not have any proper shape. Consumers need to wait for a particular period to validate the credence claims.
Nevertheless, researchers have been trying to combine functional food and molecular nutrition into one which is anticipated to challenge the traditional diet paradigm. The benefits claimed for functional foods by manufacturers slowly arrive on the plates of the consumers. Speeding the health benefit arrival require more innovative approaches and also funding to expand the knowledge base associated with molecular nutrition.

Further key findings from the report suggest:
·         Epidemiological studies have demonstrated that higher the consumption of whole grains, fruits, and vegetables, there is a wider chance of lowering some chronic diseases.
·         Soy product is expected to witness the highest growth of 9.2% over the next eight years. Soybean contains isoflavones and lignans, which is attributed to providing high protein content, thus attracting large consumer group for its usage in health diets.
·         These foods also contribute significantly to improving the digestive tract of human beings. Digestive health end-use segment is presumed to exhibit a CAGR of 8.6% over the forecast period. Various plants, spices, and herbs help to promote digestion activities among humans.
·         Asia Pacific accounted for over 40% of the global market in 2015 and is expected to maintain its lead position over the forecast period. Increasing urbanization and rising geriatric population in countries such as India and China is supposed to aid the regional growth.
·         The industry is fragmented in nature with the presence of both local and international participants. Companies include BASF SE, Cargill Inc, Nutri-Nation, Coco-Cola Co., GFR Pharma and General Mills Inc.
Grand View Research has segmented the functional foods market on the basis of product, application, end-use and region:
Global Functional Foods Product Outlook (Revenue, USD Billion, 2014 - 2024)
·         Carotenoids
·         Dietary fibre
·         Fatty acids
·         Minerals
·         Prebiotics & probiotic
·         Vitamins
·         Others
Global Functional Foods Application Outlook (Revenue, USD Billion, 2014 - 2024)
·         Bakery & Cereals
·         Dairy products
·         Meat, fish & eggs
·         Soy products
·         Fats & oils
·         Others
Global Functional Foods End-Use Outlook (Revenue, USD Billion, 2014 - 2024)
·         Sports Nutrition
·         Weight Management
·         Immunity
·         Digestive Health
·         Clinical Nutrition
·         Cardio Health
·         Others
Global Functional Foods Regional Outlook (Revenue, USD Billion, 2014 - 2024)
·         North America
o    U.S.
o    Canada
o    Mexico
·         Europe
o    EU28
o    Russia
·         Asia Pacific
o    China
o    India
o    Japan
o    Philippines
o    Indonesia
o    Malaysia
o    Australia
·         Central & South America
o    Brazil
·         Middle East & Africa
o    South Africa
View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-functional-foods-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


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Wednesday 6 December 2017

Dehumidifier market anticipated to reach USD 3.54 billion by 2022 : Grand View Research, Inc.

The global dehumidifiermarket is anticipated to reach USD 3.54 billion by 2022, according to a new report by Grand View Research, Inc. Increasing construction activities worldwide is expected to primarily contribute to industry growth. Technological advancements such as integration into existing HVAC equipment is expected to boost industry growth over the forecast period.
Price, energy efficiency, and size are anticipated to be critical parameters affecting consumer buying behavior. Product recall owing to technical issues is expected to hinder industry growth over the forecast period. Increasing competition due to the presence of a large number of players has lead to price reductions, which may affect profitability. Growth of the organized retail industry in Asia Pacific, Latin America and Africa has further intensified competition.

Further key findings from the report suggest:

·         Increasing demand for energy efficient dehumidification is anticipated to drive heat pumps demand over the next seven years. These products are expected to continue accounting for over 10% of the overall revenue during the forecast period. Chemical absorbent or desiccant products are expected to witness growth on account of growing demand in office buildings, restaurants, food and beverage industry, hotels, and medical centers.
·         The industry can also be classified based on application into residential, industrial, and commercial segments. Industrial is anticipated to be key application over the forecast period owing to increase usage of dehumidifiers in maritime, cold storage, food and beverage, and construction sector. The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) formulated the Improved Indoor Air Quality (IAQ) and ventilation guideline which is expected to drive demand in residential applications.
·         Increasing adoption in hotels, supermarkets, offices, restaurants, swimming pools, schools, and multiplexes is expected to drive the commercial segment. Residential dehumidifiers market is expected to be driven by rising health awareness and increasing disposable income.
·         Rising number of restaurants and hotels coupled with the growing construction industry is expected to propel North America dehumidifier market growth. Dehumidifiers are used for maintaining moisture-free food quality to enhance customer satisfaction. Competition in North America and Europe has intensified owing to regional companies offering products at low price.
·         Notable companies operating in the global dehumidifier industry include Electrolux (Frigidaire), De’Longhi Appliances S.r.I, Haier Group, Heat Controller, Inc. (Comfort Aire), General Filters, Inc., and Honeywell International Inc. Other prominent vendors include Therma-Stor LLC, Sunpentown International Inc., LG Electronics, Inc., and Whirlpool Corporation.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry-analysis/dehumidifier-market
Grand View Research has segmented the dehumidifier market on the basis of product, application, and region:
Dehumidifier Product Outlook (Revenue, USD Million, 2012 - 2022)
·         Heat Pumps
·         Ventilating
·         Chemical Absorbent
Dehumidifier Application Outlook (Revenue, USD Million, 2012 - 2022)
·         Residential
·         Commercial
·         Industrial
Dehumidifier Regional Outlook (Revenue, USD Million, 2012 - 2022)
·         North America
·         Europe
·         Asia Pacific
·         RoW
View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-dehumidifier-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






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