Laser Processing Market Expected To Trigger A Revenue Increase To USD 23 Billion By 2025:Key Participant Trumpf, Han’s Laser Technology Industry Group Co.

San Francisco, 24 December 2018, Laser Processing Market Analysis By Product (Gas, Solid-state, Fiber), By Process (Material Processing, Marking, Micro-Processing), By Application (Automotive, Aerospace, Medical), And Segment Forecasts, 2018 – 2025

The global laser processing market is expected to reach USD 23 billion by 2025, according to a new report by Grand View Research, Inc. The rising utilization of expensive laser-drilling technique for oil & gas exploration purposes is projected to substitute the traditional techniques. Decreasing drilling costs are anticipated to increase the feasibility of uneconomic oil deposits; thus, positively impacting market growth. The growing need for this type of processing, in industrial solar modules, is further expected to fuel the laser processing market growth.

The requirement for laser technology in the medical sector is projected to witness a significant growth, owing to the increasing technological advancements. These technical developments offer faster recovery time, smaller incisions, and lesser pain. The increasing adoption of these methodologies is expected to spur the demand for surgical lasers. Advancements, leading to enhanced edge quality & cutting speeds, are anticipated to offer higher avenues to the laser processing market.

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Further key findings from the report suggest:

·         Fiber lasers are projected to exhibit a significant growth with a CAGR exceeding 10.0% from 2016 to 2025, as they are widely used across several end-use industries and are highly cost-effective, compared to the other products

·         The material processing segment is expected to gain prominence over the forecast period with an estimated CAGR exceeding 9%, which can be accredited to the ability of lasers to perform high-speed & accurate industrial processes

·         The Asia Pacific region emerged as the fastest-growing region and is expected to witness a CAGR of over 10%, owing to the rising number of OEMs in this region

·         The key purveyors of this industry are Trumpf, Han’s Laser Technology Industry Group Co., Ltd., Amada Co., Ltd., and Rofin-Sinar Technologies, Inc., among others. Industry participants focus on technology advancements and innovation to capture market share.

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Grand View Research has segmented the global laser processing market based on product, process, application, and region:

Laser Processing Product Outlook (Revenue, USD Million; 2014 - 2025)

·         Gas Lasers

·         Solid-state Lasers

·         Fiber Lasers

·         Others

Laser Processing Process Outlook (Revenue, USD Million; 2014 - 2025)

·         Material Processing

·         Marking and Engraving

·         Micro-Processing

Laser Processing Application Outlook (Revenue, USD Million; 2014 - 2025)

·         Automotive

·         Aerospace

·         Machine Tools

·         Electronics and Microelectronics

·         Medical

·         Packaging

Laser Processing 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

·         The Middle East & Africa

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-laser-processing-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/

Digital Dose Inhaler Market Expected To Trigger A Revenue Increase To USD 3.56 Billion By 2024:Key Participant Glenmark Pharmaceuticals Ltd., Novartis Digital Dose

San Francisco, 24 December 2018, Digital Dose Inhaler Market Analysis By Product (Metered Dose Inhaler, Dry Powder Inhaler), By Type (Branded Medication, Generics Medication) And Segment Forecasts to 2024

The global digital dose inhaler market is anticipated to reach a value of USD 3.56 billion by 2024, according to a new report by Grand View Research, Inc. The key factors contributing to the lucrative growth of this market include the continually increasing elderly population and the surging prevalence of chronic respiratory diseases.

As a result of impactful economic developments in the fast emerging countries, such as China, India, Brazil, Philippines, and others, there has been growth in the per capita income, which is thus expected to influence the demand for the technologically advanced respiratory devices. Moreover, these technology-enabled respiratory devices are greatly sought after among the pediatric and the geriatric population so as to improve the patient medication compliance, dose tracking, and to enhance patient-healthcare practitioner connectivity that would enable real-time tracking of healthcare data; these serve as high impact rendering factors, significantly driving the market growth in the next nine years.

In order to cater to the unmet needs of the target population, the vendors are expanding their production units and in addition, targeting the niche areas where the prevalence of chronic lung diseases and asthma are on the rise, such as Asia Pacific and MEA regions, to ensure long-term growth and profitability. Therefore, the aforementioned, business expansion trends are expected to boost the usage rates of the digital dose inhalers over the forecast period.

Additionally, favorable government initiatives, such as the introduction of Fixed Dose Combination (FDC), advanced by the U.S. FDA, fast increasing adoption of generic drugs, and the growing demand for digital health platforms are the identified crucial determinants influencing the rapid uptake of these digital inhalers, which is expected to continue in the coming years.

Rapidly increasing geriatric population worldwide in conjunction with the growing prevalence of various chronic respiratory conditions, such as chronic sleep apnea, asthma, COPD, among others negatively impact healthcare system. This would further escalate the demand for innovative respiratory devices thereby encouraging the digital dose inhalers market growth during the forecast period.

Access Full Research Report On Digital Dose Inhaler Market  Analysis:
www.grandviewresearch.com/industry-analysis/digital-dose-inhaler-market

Further key findings from the study suggest:

·         In 2015, the metered dose inhalers (MDIs) segment accounted for the maximum revenue of USD 563.9 million, mainly on account of the increased preference for MDIs.

·         However, the dry powder inhalers (DPIs) segment is expected to emerge as the fastest growing category with a CAGR of 16.9% over the forecast period owing to the growing awareness regarding the adverse effects of chlorofluorocarbons employed as a propellant in the MDIs. Moreover, widespread incidences of drug irritation due to MDI and rising awareness regarding the benefits of using DPIs over MDIs are the leading factors expected to further drive the usage rates of DPIs over the forecast period.

·         In 2015, the branded medication respiratory devices category accounted for the largest market share of USD 747.6 million attributable to the steadily growing need for advanced respiratory drugs and the awareness related to the benefits of combination medication gaining prominence.

·         North America held the maximum share of over 38.64% in 2015. This large share is attributed to the presence of several medical device players in this region, such as Johnson & Johnson, Cohera Medical, Inc., Teleflex Medical, Inc., Covidien Plc, and others. There are over 6,000 medical device companies domiciled in this region, which majorly consists of small and medium sized enterprises (SMEs). Moreover, the soaring geriatric population count and the surging prevalence of chronic respiratory diseases, such as asthma and COPD, are few factors, among others, expected to positively reinforce the digital dose inhaler market over the forecast period.

·         The Asia Pacific (APAC) region is anticipated to grow at a lucrative pace with a CAGR of 17.2% over the forecast period. The upsurge in the healthcare expenditure and the increasing number of U.S. FDA manufacturing sites in APAC countries, such as in China and India, are expected tosignificantly impact the market penetration of the digital dose inhalers.

·         Furthermore, the growing awareness regarding the various innovative technologies employed in the respiratory devices, the ongoing favorable government initiatives that further encourage the use of generic drugs, various subsidies for electronic component manufacturing of medical devices, and several tax benefits that enable medical device exports from this region are anticipated to strongly reinforce the market growth over the forecast period.

·         Some leading players of the market include Glenmark Pharmaceuticals Ltd., Novartis AG, Propeller Health, AstraZeneca Plc, Philips Respironics, Opko Health, Inc., and Teva Pharmaceuticals Industries Ltd.

Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the digital dose inhaler market by product and region:

Digital Dose Inhaler Market Product Outlook (Market revenue in USD Million, 2013 - 2024)

·         Metered dose inhalers

·         Dry powder inhalers

Digital Dose Inhaler Market Type Outlook (Market revenue in USD Million, 2013 - 2024)

·         Branded medication

·         Generic medication

Digital Dose Inhaler Market Regional Outlook, (Market Revenue in USD Billion, 2013 - 2024)

·         North America

o    U.S.

o     Canada

·         Europe

o    Germany

o     UK

·         Asia Pacific

o    Japan

o     China

·         Latin America

o    Brazil

o     Mexico

·         MEA

o    South Africa

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-digital-dose-inhaler-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/

Medical Grade Silicone Market Expected To Trigger A Revenue Increase To USD 596.8 Million By 2025

San Francisco, 24 December 2018, Medical Grade Silicone Market Analysis By Product (Elastomers, Gels, Medical Adhesives, Medical Coatings, Foams), By Application (Prosthetics, Orthopedic, Contact Lens), And Segment Forecasts, 2018 - 2025

The global medical grade silicone market is expected to reach USD 596.8 million by 2025, growing at a CAGR of 6.6%, according to a report by Grand View Research, Inc. Rising demand for Medical Grade Silicone owing to its inherent thermal and chemical stability, hydrophobicity, resistance to sterilization method, and low surface tension is expected to augment the industry size over the forecast period.

The growing use of high consistency silicone elastomers due to various properties offered such as green strength, which is necessary to maintain extruded profiles until vulcanized, is expected to increase their demand in extrusion applications, which in turn is anticipated to stimulate the demand over the forecast period.

Silicone medical adhesives are used to fabricate medical devices, seal wounds, and affix medical devices including dressing, a patch to the skin, and as a tape. The market is expected to exhibit promising gains on account of high tourist numbers triggering medical tourism in the Asia Pacific, especially in India, South Korea, Thailand, Singapore, and Malaysia.

The global medical silicone coatings market accounted for 8.7% of the overall revenue share in 2016 and is expected to witness growth on account of high usage of the product in mandrels, catheters, hypo tubes, stents, guide wires, sutures, and syringes. The growing geriatric population coupled with the rising obesity rates is anticipated to increase the occurrences of cardiac diseases, which in turn is expected to stimulate the medical silicone demand.

Access Full Research Report On Medical Grade Silicone Market  Analysis:

www.grandviewresearch.com/industry-analysis/medical-grade-silicone-market

Further key findings from the report suggest:

·         Silicone elastomer is anticipated to witness significant revenue gain with a predicted CAGR of 6.9% from 2017 to 2025 due to the rising consumption of the product in the Liquid Silicone Rubber (LSR) and High Consistency Rubber (HCR) applications. LSR and HCR find application in pump diaphragms, hydrocephalic shunts, replacement finger joints, pacemaker lead coverings, and catheters.

·         Asia Pacific was the prominent market and accounted for 22.1% of the overall volume share in 2016. Favorable FDI and “Make in India” policy implemented by the Government of India are expected to generate opportunities for the medical device components industry in the country, which in turn is likely to aid in the medical silicone industry growth.

·         Growing awareness regarding commercially available products, the adoption of enhanced surgical treatments, and increasing healthcare infrastructure are expected to open new avenues for medical products in the U.S., and therefore, augment the demand for medical silicone in the market

·         Momentive Performance Materials Inc.; 3M Company; Trelleborg AB; Primasil Silicones Limited; China National Bluestar (Group) Co. Ltd. (Bluestar); Henkel AG & Co. KGaA; Dow Corning Corporation; Zodiac Coating SAS; and Wacker Chemie AG are some of the prominent players dominating the industry

·         The global medical silicone market is highly fragmented in nature and marked by the presence of numerous global and regional silicone producers. Due to end-user opportunities and fragmented nature of the market, the intensity of rivalry is expected to increase in the next eight years.

·         In February 2017, Wacker Chemie AG named Foster Corporation as an exclusive distributor of medical-grade silicone rubber for the company’s Silpuran line in the North America healthcare market to provide services such as customer support, enhanced customer experience, and logistics in the region

·         In November 2016, Dow Corning Corp. launched soft skin adhesive to bridge the gap between the company’s Pressure Sensitive Adhesives (PSAs) and gentle-adhesion SSAs

Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/bulk-chemicals

Grand View Research has segmented the Medical Grade Silicone Market on the basis of product, application, end use, and region:

Product Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         Elastomers

·         Gels

·         Medical Adhesives

·         Medical Coatings

·         Foams

·         Others

Application Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         Prosthetics

·         Orthopedic Components

·         Medical Devices

·         Medical Tapes

·         Contact Lens

·         Oral Care Products

·         Others

Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    France

o    Germany

·         Asia Pacific

o    China

o    India

·         Central & South America

o    Brazil

·         Middle East & Africa

Access Full Press Release of this Report: 
www.grandviewresearch.com/press-release/global-medical-grade-silicone-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/