Cosmetic Implant Market: Competitive Landscape, Share & Forecast to 2020

The Global Cosmetic Implants Market is expected to reach USD 9.0 billion by 2020 and is expected to grow at a CAGR of 8.5% over the forecast period. Rapidly changing lifestyles, increasing aesthetic awareness, and medical tourism are some of the key factors anticipated to boost the market over the forecast period. Rising healthcare expenditure, favorable government initiatives, and growing ageing population are also amongst few key factors expected to surge adoption of cosmetic implants. According to American Society of Plastic Surgeons in 2016, residents of U.S. spent nearly USD 15 billion on combined surgical and nonsurgical procedures.

Growing demand for minimally invasive surgeries and increasing cosmetic surgeries drive the growth of this market.According to the data published by the American Society of Plastic Surgeons in 2015, the minimally invasive cosmetic surgeries performed were 15.9 million demonstrating 2% increase since 2014 in the U.S. Technological advancements in the field of cosmetic implant surgeries including tissue engineering, microsurgery procedures, and computer assisted process offers advantages of minimal or no visible scars and thereby further drive the demand for the implants.
Rising incidences of breast cancer escalate number of women undertaking the breast reconstruction and augmentation procedures, which is anticipated to boost demand for breast implants such as silicon and saline filled breast implants. Some of the key factors such as growing awareness towards aesthetic appearance and anti-ageing treatment also propel the market growth. According to the International Society of Aesthetic Plastic Surgery, globally there were about 21,696,671aesthetic procedures performed in 2015.

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Application Insights

On the basis of applications, the market is segmented as dental, breast, facial, penile, and calf implants. Dental implants held the largest market share of about USD 3.45 billion in 2016. Factors such as increasing dental injuries and growing advancements in technologies including mini implants, CAD/CAM technology, and nanostructured titanium implants is expected to boost the market. Rising concerns for oral healthcare and increase in geriatric population also drive the growth of the market. According to American Association of Oral and Maxillofacial Surgeons survey conducted in the U.S, about 30 million people have lost teeth in one or both jaws and more than 15 million people are with the bridges or crowns.

Facial implants segment is anticipated to be the fastest growing segment with a CAGR of 10.3%. Some of the key factors such as rising demand for minimally invasive surgeries and increasing incidence of facial and sports related trauma drive the demand for facial implants in the market. However, rising incidences of breast cancer and growing number of breast augmentation and reconstruction surgeries is further anticipated to boost up the demand for breast implants. According to The American Society of Plastic Surgeons (ASPS), breast augmentation is among the top five cosmetic procedures in U.S. About 279,143 number of breast augmentation procedures were conducted in the U.S.

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Raw Material Insights

Based on the raw materials, the market is segmented into polymers, ceramics, metals, and biological materials. Polymer based implants accounted for largest market share owing to its properties of high durability, flexibility, and ease in availability. Polymer implants can be easily mold into various shapes that can be used for manufacturing of different cosmetic implants like facial, breast, and body contouring implants.

Ceramic implant market is expected to grow with its increasing usage in dental implants as it has high resemblance with the natural tooth and is more aesthetically appealing. Metal implants including stainless steel, pure titanium, and cobalt-chromium are used in the cosmetic and reconstructive surgery for over 35 years. However, growing concerns regarding its safety and efficacy may hamper the market growth. Biological materials are expected to grow at significant rate with a CAGR of about 10.9% owing to rising awareness of the benefits it provide to the consumer.

Regional Insight

North America dominated the market in 2016. Some of the key factors attributing to the market growth include sophisticated healthcare infrastructure, rising aesthetic awareness, increasing ageing population, and growing healthcare expenditure. Furthermore, favorable government programs drive the demand for such

procedures in the region. The U.S government has initiated various awareness campaigns such as Breast Reconstructive Awareness Campaign, which is engaged in educating and empowering women undergoing breast cancer treatment.

Europe is the second largest market for cosmetic implants owing to rising ageing population that drives the demand for dental implant market. According to World Federation of Public Health Association only 41% of Europeans have all their natural teeth. Growing number of cosmetic surgeries, high reimbursement policies and rising government healthcare expenditure is boosting up the growth of the market.

Asia pacific region is expected to be the fastest growing segment with a lucrative CAGR over the forecast period. Factors such as high population, increasing dental caries, rising geriatric patients, and increasing trend of medical tourism drives the growth of cosmetic implant market. Some of the countries in this region that are amongst few top countries with respect to number of cosmetic surgeries are India, South Korea, and Australia.

Competitive Insights

Some of the key participants of cosmetic implants market include, 3M Health Care; Allergan, Inc.; GC Aesthetics; Spectrum Design; Aesthetic and Reconstructive Technologies (AART) Inc.; Straumann AG Institut; Sientra Inc.; DENTSPLY International Inc.; Nobel Biocare Holding AG; Zimmer Holdings Inc.; Mentor Worldwide LLC., and Medical Implantech Associates Inc.

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Disposable Lead Wires Market: Machine Type Movement Analysis to 2025

The Global Disposable Lead Wires Market size was worth USD 545.0 million in 2015 and is anticipated to grow at CAGR of 6.3% in coming years. Escalating incidence of cardiovascular diseases resulted into growing adoption of ECG equipment and accessories thereby fueling the demand for ECG lead wires (LWs) during the forecast period. Reusable LWs can cause blood stream infections since these LWs are the prime source for proliferating antibiotic resistant bacteria in patients which resulted in shifting of preference toward disposable LWs over the forecast period.

In addition, growing geriatric population base is anticipated to broaden the consumer base as old age people are at higher risk for cardiovascular disorders, which is anticipated to trigger the demand for patient monitoring devices, which consists of disposable LWs in coming years.
Furthermore, escalating healthcare associated infections is a major contributing factor expected to drive the market growth. As per the study published in the white paper of SunTech Medical Inc., each year 2 million people acquired healthcare associated infections in the U.S. alone and the incidence is expected to grow over the forecast period. The previously mentioned elements are crediting toward the growth in coming years.

Material Insights

In 2015, Thermoplastic Elastomer (TPE) held the dominant share of the material segment. The substantial share is attributing to the associated advantages with its usage including compatibility, high cost efficiency, high insulation properties and stability.

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The segment is further expected to enlist exponential development during the forecast period as a result of rising adoption and applicability in various applications.

Thermoplastic polyurethanes (TPUs) are a type of TPEs and are long-chain linear polymers having no cross-links. The TPU material provides abrasion resistance, biocompatibility, biostability and low-temperature elasticity, which makes them the best material for manufacturing of LWs. The TPU-based LWs are usually resistant to abrasion, exhibit acid-base resistance, fungus and heat. The previously mentioned benefits with the utilization of TPUs are anticipated to boost the usage rates over the forecast period.

Machine Insights

Other segments which include 6, 12, 15 and 18 lead of machine type accounted for the substantial share in 2015. This is creditable to persistent adoption as a result of larger preference owing to the related advantages such as ease of use, efficiency and flexibility.

In addition, 5-lead machine type is anticipated to grow at a lucrative growth rate over the forecast period.  This is ventured to be an outcome of persistent usage in cardiology and patient monitoring systems in coming years.

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End-Use Insights

Hospital segment held a leading position in the market of disposable LWs in 2015. This can be ascribed to their extensive machine varieties of disposable LWs in hospitals. Due to associated advantages with the utilization of disposable LWs and rising prevalence of hospital acquired infections the usage of disposable LWs in hospitals is anticipated to demonstrate an upward shift in near future.

While clinics are expected to show lucrative growth owing to rising demand for remote patient monitoring services and increasing awareness amongst end-users. The benefit of clinics is that they offer physicians’ quick access to the results, speeding the diagnostic process; subsequently, the demand for LWs in the clinical settings is huge due to the necessary requirement to keep up a hygienic and non- contaminated environment.

Regional Insights

North America held a leading position in the overall disposable LWs market in 2015 due to the rising mortality rates due to cardiovascular disorders and rising healthcare expenditure in countries such as the U.S. Besides,

local presence of key players in the North American region likewise contributes towards the development of disposable LWs market.

Asia Pacific is expected to gain the most astounding CAGR over the forecast period due to escalating disposable income and rising prevalence of cardiovascular disorders & hospital-acquired infections (HAIs).

Competitive Insights

The market is considered as price sensitive in nature and there is an intense competition among the players. Industry players draw in pricing strategies and manufacture products at relatively low prices. Moreover, the demand for effective products & low cost is rising from the consumer end. The aforementioned elements are expected to retain the competition at a large level. Moreover, advancement of user-friendly, sustainable solutions and low cost is anticipated to maintain industry rivalry at a large level.

Major players of this market enter into strategic unions and also acquire new entrants trying to guarantee sustainability. For instance, in September 2015, Hill-Rom Holdings, Inc. acquired Welch Allyn for USD 2.05 Million. This acquisition empowers Hill-Rom Holdings to decrease healthcare cost for consumers and offer patient care services with improved efficiency.

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Carcinoembryonic Antigen (CEA) Market Revenue Share By Application, 2014 & 2022

The Global Carcinoembryonic Antigen (CEA) Market is expected to reach USD 2.56 Billion by 2022, which is anticipated to grow at a CAGR of more than 6.6% during the forecast period. The market is expected to witness significant growth in the coming few years owing to various key attributes such as growing incidence of cancer and technological advancement regarding the development of novel biomarkers. According to WHO estimates in 2015, globally cancer is the second leading cause of death with over 8.8 million deaths. On the basis of the Age-Standardized rate of incidence, there are approximately 205 new cases of cancer for every 100,000 men and nearly 165 new cases of cancer for every 100,000 females in the world. Carcinoembryonic antigens are the most cost effective technique for the preclinical detection of illness.

Technological advancements pertaining to proteomics, which include protein bioinformatics, mass spectroscopy, protein labelling, imaging, and array based approaches, is one of the crucial factors expected to fuel up the market growth. Development of new biomarkers and various immunological techniques such as radioimmunoassay that can be used with carcinoembryonic antigen (CEA) for detection of various types of cancers, and thus also propel the market growth. For instance, the development of tumor markers, which is used in combination with CEA for detection of colorectal cancer. Favorable government initiatives to introduce new diagnostic tools/technologies is anticipated to boost the market growth. Moreover, rising demand for minimally invasive diagnostic procedures to avoid the various post procedure adverse effects impel the growth of this market.

Application Insights

This segment include key application, namely colorectal, ovarian, pancreatic, breast, thyroid and other cancer applications. In 2016, colorectal cancer dominated the market in terms of revenue share.

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Rising incidence of colorectal cancer and increase sensitivity to detect the antigen are the factors driving the growth of this segment. According to the American Cancer Society, in the U.S colorectal cancer is the third leading cause of death in women and second in men with nearly 95,520 new cases of colon cancer. Furthermore, increased consumption of alcohol, less physical activity, unhealthy diet, and rapidly changing lifestyle also contribute in the growth of colorectal cancer in the recent years.
Breast cancer is another segment experiencing significant growth owing to the factors such as rising female population above 50 years, advancements in biomarkers and increase in number of patients undertaking hormone replacement therapy (HRT), and breast augmentation & reconstruction surgery. Increasing government initiative coupled with rising consumer awareness for different treatment procedures is also driving the growth of the market. Moreover, other breast related diseases such as infections, lesions, and fibrocysts are also expected to contribute towards the growth in early diagnosis.

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Regional Insight

Regional segments of CEA market include North America, Europe, Asia Pacific, Latin America and MEA. In 2016, North America dominate the regional market pertaining to various key attributes such as increasing patient awareness, rising incidences of cancer, favorable reimbursement policies, and presence of advanced healthcare infrastructure. According to American Cancer Society in 2017, approximately 1,688,780 new cases of cancer were estimated in the U.S.

Asia Pacific region is expected to grow at lucrative rates during the forecast period owing to the factors such as increasing prevalence of cancer in emerging economies such as Brazil, Russia, India, and China, favorable government initiatives, and significant presence of local players will drive the growth of the market in this region. Asia Pacific has the highest mortality rate accompanied by North America. It has influenced the market in terms of cancer incidence rate affecting large population in 2012 at a changeable rate. Mexico and Brazil in Latin America will witness significant growth in the market owning to the factors such as increase alcohol consumption, excessive smoking, and changing lifestyles.

Competitive Insights

The global carcinoembryonic antigen market is consolidated in nature with extensive mergers and acquisitions. In 2017, Aviva Systems Corporation (ASB), a protein solutions and application provider is offering products for both research and diagnostic market acquired GenWay Biotech, Inc. Some of the key players in

this market include F. Hoffmann-La Roche Ltd; GenWay Biotech, Inc.; Abbott; Correlogic Systems, Inc.; Quest Diagnostics, Inc.; Lee BioSolutions; RayBiotech, Inc; Biocare Medical, LLC; and Abcam plc. Industry competition

level is expected to remain at moderately high level in the recent years Manufacturers are continuously introducing technologically advanced products that will raise the competition in the market.

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Formaldehyde Market Dynamics, Raw Material Price Volatility To 2020

Formaldehyde Market is a major constituent for urea-alkyd resins production, having a wide range of end-users from industries including automobile, plywood, construction, buildings, furniture, paints & coatings, textiles, fertilizers & pesticides and packaging sectors. The global market is estimated to grow moderately over the forecast period.

The product is used mainly for manufacturing of amino resins such as melamine-formaldehyde, urea-melamine-formaldehyde and urea-formaldehyde resins. Apart from being cheaper than conventional adhesives, theses resins possess phenomenal moisture resistance and adhesive strength.  Commercially, formaldehyde is functioned as formalin, in liquid form, which widely used as embalming agent and disinfectants.

Formaldehyde is anticipated to be emerging market owing to growing end use applications in various sector such as infrastructure and construction especially in developing nations. One of the major drivers for the market is usage of formaldehyde for fuel production, as it is a cheaper alternative to oil. The increasing demand for medium density fiberboards, laminates, particle boards, automotive parts are anticipated to drive the market. Increased production of laminates and wood-based panels are increasing the demand of formaldehyde, thus, boosting the market over the forecast period. However, growing concerns regarding health and safety of health and environment are anticipated to hamper the market.  Apart from monitoring health and safety, fluctuation in raw material prices are also expected to restrain the market.

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U.S. EPA has issued strict recommendations for workforce safety to avoid potential disorders of nose, lungs, skins, cancer and even the reproductive system. Also, under Biocidal Products Directive, formaldehyde is banned for certain applications such as for use as preservatives for processing & liquid-cooling systems, and anti-fouling products.

Application Insights:

Major formaldehyde market applications include UF resins, MF resins, PF resins, pentaerythritol, 1, 4-butanediol, methylenebis, and polyacetal resins. PF resins are fire and water resistant and extensively used in oil, automotive and construction industry such as binders, composites, and insulation foams. Hence, PF resins are anticipated to dominate the market owing to its high demand and consumption rates.

Phenolic PF resins, fire resistant in nature, are used widely in construction and automobile industries. Water resistant variants are also used as durable binders and adhesives. Growing UF resins demand is anticipated to drive the global market owing to its chemical, flame & arc resistant, also color retention properties.

Formaldehyde coatings are used to enhance durability and aesthetics of wooden material and furniture. It is majorly used in wood and coating industry owing to its outstanding properties such as heat & chemical resistance, hardness suitable to manufacture serving trays and wiring devices.

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End User Insights:

Construction industry dominated the market in 2015. Automotive, healthcare, aerospace, and clothing are another major end user segment. Construction industry includes the production of cabinet doors, medium density fiberboards, laminator countertops and insulation, which requires resin as their crucial raw material. These resins are also used for long-lasting furniture manufacturing and are cost effective as compared to wood.

Formaldehyde market demand is anticipated to drive automobile market owing to its manufacturing of door panels, axles, brake shoes, electrical systems, engine blocks, and transmission.

Regional Insights:

North American market has shown moderate growth in various segments. Asia-Pacific countries such as India, China, and Japan are expected to grow significantly owing to its rapidly developing plastic, automotive and constructional market. Other regions of Europe and Latin America also been anticipated to witness steady growth rate. China was the largest formaldehyde market globally.

Competitive Insights:

The global market players for formaldehyde market are BASF SE, Huntsman Corporation, Momentive Specialty Chemical Inc., Celanese Corporation, Georgia-Pacific Corporation, Perstorp Formox AB, Bayer AG and Dynea Oy.

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Bone Densitometers Market - SWOT Analysis, By Factor (Political & Economic) by 2025

The Global Bone Densitometers Market size was worth USD 893.7 million in the year 2016 and is predicted to grow with a CAGR of 3.9% during the forecast period. The significant increase in prevalence of osteoporosis on global level is the major driving force. This has led to an upsurge in demand for efficient assessment with the use of bone densitometers. In addition, the increase in geriatric population base, which is more susceptible to metabolic bone diseases, is expected to provide lucrative growth opportunities.

The rise in osteoporosis incidence in menopausal women is anticipated to be a key growth contributor. According to International osteoporosis foundation, over 200 million females are suffering from this disease globally with 1/10^thbelonging to 60 years, 2/5^th in 80 years’ group, 1/5^th in 70 years and 2/3^rd in 90 years’ age group. Moreover, every 1 out of 3 women above the age of 50 years were seen to suffer from fragility fractures once in their lifetime.

According to a report published by National Institutes of Health Osteoporosis and Related Bone Diseases, various lifestyle-related factors including smoking, alcohol abuse and sedentary lifestyle are major contributors for development of osteoporosis in males. The above mentioned factors provide a clinical urgency to reduce this disease burden and hence fuel the rate of adoption of these assessment devices to suffice early diagnosis.

Additionally, advent of technologically advanced products such as ultrasound & computer assisted densitometers and integrated digital detectors cater to the needs of technicians and physicians by reducing measurement time and facilitating easy operations.

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The use of ultrasound based densitometers has increased to wide range of fields including endocrinology, gynecology and various others. Furthermore, the increase in demand for these devices can be attributed to the collaborative initiatives undertaken by key companies for research and development of new products to enhance the diagnostic tools for advanced skeletal assessment. Also, funds for research by various healthcare organizations for development of technologically advanced products are also projected to drive the market. For instance, Lunar Expert developed by GE Healthcare provides spatial resolution leading to enhanced risk assessment and identification via advanced visualization.

Technology Insights

The largest share in the technology segment was held by axial bone densitometers with over 60.0% in 2016 as a consequence of consistent adoption rate of these devices. The fulfillment of various requirements and needs of clinicians by usage of these devices can be attributed to the increasing penetration rate of the technology. These majorly include the central dual energy x-ray absorptiometry, technology based tools which are crucial for accurate diagnostic results.
Moreover, the usage of these bone assessment devices are predicted to be a result of enhanced precision, sensitivity, optimum linearity leading to reduced variation in diagnostic performance. The above mentioned factors along with their cost effective nature are responsible for the high adoption of these by clinicians.

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End-use Insights

The major share was held by hospitals in 2016 owing to the large volume of patients and frequent readmission. Moreover, sophisticated infrastructure facilitating high efficiency of diagnostic procedures with bone assessment devices is expected to drive the hospital segment. The rise in initiatives by healthcare organizations to promote technologically advanced and sophisticated instruments for rapid result generation also serves as a key growth driving factor. In addition, hospitals in present scenario are using totally automated systems having the ability for assessment of conditions at an early stage. The aforementioned factors are predicted to positively impact the segment growth during the forecast period.

Regional Insights

The market was dominated by North American region in 2016 owing to the rising osteoporosis burden of the region. Various strategic initiatives by prominent market players for improvement of R&D capabilities and maintaining high medical standards are anticipated to drive the regional demand.

The growth across Asia Pacific region is expected to be exponential throughout the forecast period with a CAGR of xx%. The high growth can be attributed to the rise in demand to reduce the existing prevalence, increased disposable income and improvements is infrastructure of healthcare facilities. The developing economies including China and India presents a potential growth opportunity in the forecast period owing to the high awareness level related to osteoporosis care.

Competitive Insights

The intensive competition in the industry is expected to rise throughout the forecast period as a consequence of increasing number of strategic initiatives such as new product development, R&D investments, acquisitions and mergers by prominent market players to maintain their competitive edge over the other companies.

For example, Hologic, Inc. in August 2014 received regulatory approval for horizon DXA platform in Canada having workflow efficiencies and enhanced technical capabilities. The integrated ceramic detector array and high resolution achieved by the devices helps in enhanced stability, precision, image quality and skeletal mapping.

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Global Antimicrobial Coatings Market Drivers Analysis, Overview And Outlook To 2025

The Global Antimicrobial Coating Market was worth USD 2.44 billion in 2015. Indian pharmaceutical companies are driving into antimicrobial market to be in line with the regulatory standards. The effect of micro-organisms on people improves health concerns owing to boost the market over the forecast period.

Industries such as food and beverages, pharmaceuticals, packaging, hospitality and private & public water treatments drive the market positively over the coming years. Hygiene and cleanliness in various manufacturing and process industries have led the rapid advancement of this industry. Micro-organisms such as parasites, germs, and microorganism which are primarily developed on the surfaces can be restricted.

Antimicrobial coatings are developed to limit the growth of microorganisms on the surface. With the advancements in health care sectors and rising concern for the increase in infection due to the environment boost the overall market growth. With the greater impact on microorganism development and survival, it is mostly used in disinfectants and cleaning agents. The market is cost effective and time efficient which are the key drivers for the industry growth. With the ever degrading immune system of today’s human species, antimicrobial coatings help in stopping the spread of germs.

Antimicrobial coatings have been in the healthcare industry for sterilization of medical instruments to hospital associated infections, which have accounted for around 100,000 deaths in the U.S. With the application of these over children toys to everything increases, the chances of taking out even the ecological microorganism are of a concern. U.S. FDA and MHRA have raised the concern on the usage of silver in the product which can be a key hindrance for the overall demand.

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Copper and alloys (bronze, copper copper-nickel-zinc, and others) are an innovation as they are natural antimicrobial materials in antimicrobial surfaces as they can destroy a variety of microorganisms due to their intrinsic properties.

U.S. FDA has provided certain regulations for drug-device combinations which except to boost the market over the forecast period. They meet the safety and efficacy part based on specified requirements. In recent past, the application directly on the local surface is considered more.

Product Insights

Surface modification and coatings dominated the product segment accounting for a market share of around 55.7% of total volume in 2015. Modification and antimicrobial powder coatings are the key product segments in this market. The main concern of paint process segment is protection of the dry film against fungal and algae growth. So, biocides are used to maintain the product’s usage period and to preserve the desired look of the painted surface for a longer period.

Medical and surgical devices use the coating of silver nanoparticles which destroys the microorganism cell membranes that are used to avoid bacterial adhesion and formation of bio-film. The extended release of silver nano particles helps in killing the bacteria near the surface with low toxicity.

Application Insights

The use of antimicrobial coatings can be found in water treatment, medical and commercial purposes. Key applications include food and beverage processing, packaging, sanitary facilities and kitchen, air conditioning and ventilation systems, antimicrobial textile, construction, mold remediation and others segment.

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With the most chances of contamination and infection through the air in any process industry, AHU and ventilation systems were the market leaders with 26.8% of total volume in 2015. Rising initiatives and research by health & safety department and few private NGO to educate schools about air quality and its cleanliness taken by government is projected to boost the market over the forecast period.

Regional Insights

With over 35% of market share North American market dominated the overall regional segment. The region is expected to grow at a CAGR of 11.1% from 2016 to 2025. High living standards coupled with growing healthcare and facility expenditure in the U.S. are the major driving forces. The growth of major industries such as medical, construction, paint, automobile and food mainly in Asia Pacific region will serve as major opportunities for investment in this region.

Competitive Insights

The industry displays oligopolistic features with a few large enterprises holding a significant share of the total revenue generated by the overall market. Some of the key companies include Pertinax Pharma, HeIQ Materials, AkzoNobel NV, Damond Vogel, Kastus, Nanograde, Dow Microbial Control and Sherwin-Williams among others.

Market Segment:

Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Antimicrobial powder coatings
• Silver
• Copper
• Surface modifications and coatings
• E. Coli
• Listeria
• Pseudomonas

Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Sanitary facilities and kitchen
• Air conditioning and ventilation systems
• Food processing and packaging

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India

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Sterilization Equipment Market Size, Technique Estimates & Trend Analysis by 2014-2025

Industry Insights

The Global Sterilization Equipment Market size was worth USD 4.3 billion in 2016 which is anticipated to grow at a CAGR of more than 9.5% during the forecast period. Various factors, which led to such huge market growth, include increase in the aging population, rise in the number of surgeries conducted, and surging incidences of chronic diseases. Also, there are number of changes in the government policies and regulations which in a way is helping the sterilization equipment market to grow and advance. Such changes in the policies have resulted in increase in the adoption of sterilization equipment by various hospitals and diagnostic centes.



Similarly, increase in the number of government initiatives, which are stringent enough to ensure utmost quality of the product, is making way for the sterilization equipment market to grow. Advancement in technologies of sterilization equipment such as gamma ray filtration, radiation, microfiltration and many more have created wide scope for sterilization equipment in the food industry.

Government bodies of developing countries such as Japan, Mexico, and Brazil, are making huge investments to spread awareness about the application of sterilization equipment, and thereby focusing on quality and safety. Such equipment are mainly used for sterilization and disinfection before surgeries. In regions such as Latin America, Middle East and Asia Pacific, the market is witnessing increase in foreign investments, which is leading to revenue generation for the market.

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Technique Insights

The heat sterilization technique captured the largest market share in 2016 in which hydrated state is preferred more than dry state due to its greater reliability in use. It is estimated that the low temperature market segment is expected to grow at the highest CAGR due to compatibility with thermo-labile products, lesser complex in handling and monitoring. The introduction of various advancements in technology of the equipment for sterilization technique has led to better business expansion and penetration to various regions around the globe.

End User Insights

The hospital segment captured the largest market share in the year 2016, due to growing infection burden, rising number of surgeries performed, advancing technologies and rise in the number of patients being admitted. The ever-increasing need for quality assurance and quality control by pharmaceutical company in its manufacturing and storage processes resulted it to be the second largest segment in the global market.

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Regional Insights 

North America dominated the sterilization equipment industry having largest revenue share in 2016. Increasing incidences of disease caused by a number of infections, rise in the use of reusable surgical equipment, greater advancement in technology is leading to greater market share of the region.
Whereas, Asia Pacific is expected to exhibit the fastest growth during the forecast period due to increasing number of medical devices manufacturers in the region, rise in the incidences of infection, upsurge in the number of hospitals and potential scope of growth in the food and chemical industry.

Competitive Insights

Some of the top companies operating in this industry are STERIS Corporation; Advanced Sterilization Products Services, Inc.; Getinge Group; 3M; Cantel Medical; Belimed; and others. A huge pool of companies is focused towards advancing the sterilization equipment technology after thorough research and development in this sector. The most common strategy opted by companies are through mergers acquisitions and collaboration in order to gain the maximum market share in the industry.

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Ophthalmic Lasers Market Base Estimates, Share Calculation And Assumptions by 2014-2025

Industry Insights

The Global Ophthalmic Lasers Market size was worth USD 1.0 billion in 2016, which is anticipated to grow at a CAGR of more than 5.9% during the forecast period. Increase in incidence of chronic ophthalmic disorders is the major driving factor contributing to the growth of ophthalmic lasers market.


There is a rise in prevalence of ophthalmic disorders such as glaucoma, cataract, refractive errors, Age Related Macular Degeneration (AMD), retinal disorders and diabetic retinopathy. According to American Academy of Ophthalmology in 2014, 60.5 million people were estimated to be suffering from glaucoma globally. According to WHO, glaucoma is the second major cause of blindness in the world.

Based on the Journal of Ophthalmology, cataract is the leading cause of blindness in the world. According to New-Medical .Net, in 2015, 22 million people aged 40 years and above were affected with cataract. According to National Eye Institute, by 2050, the number of people in US with cataract is estimated to double from 24.4 million to around 50 million. Thus, with the rise in incidence of ophthalmic disorders the market is estimated to witness rapid growthduring the forecast period.
According to a study conducted by PLOS, in UK approximately 54% of the people aged 40-69 years were affected by refractive error of which 27% of the people had myopia. Refractive error is a major health issue in UK. It is a genetic disorder, so the individuals whose parents are suffering from any form of refractive disorder are likely to be affected by similar disorder. Thus, the aforementioned factors are supporting the growth of the ophthalmic lasers market.

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Increase in geriatric population is another key factor driving the growth of the market. This group of population is generally affected by various eye disorders. The most common eye disorders for this group are cataract and hyperopia.

Product Insights

In the product segment, femtosecond lasers held the largest revenue share in 2016. The rising number of people affected by refractive disorders along with its use during cataract surgeries has led to the growth of the market.

Rise in technological advancements, versatility, predictability, and the unique properties offered by the femtoseconds lasers has increased its demand. Thus, newer technologies are contributing to the growth of the market.

Excimer laser is a form of ultraviolet laser, which is used for the treatment of refractive errors. For instance, Carl Zeiss Meditec AG launched MEL 80 Excimer for refractive laser surgery. This devices in combination with femtosecond laser helps in correcting refractive errors. These lasers account for a considerable share owing to its increased usage in healthcare facilities.

SLT and YAG lasers are used for the treatment of anterior segment of the eye. It helps in treatment of glaucoma, retina and corneal surgery by reducing the intra ocular pressure. Ellex Medical Lasers Limited has a wide range of SLT and YAg lasers for the treatment of eye disorders.These lasers are anticipatedto grow at significant rate over the forecast period.

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Application Insights

On the basis of application, refractive error corrections dominate the market in 2016. Rising incidence of refractive errors in children and geriatric population has contributed towards the growth of this segment. In addition, use of femtoseconds lasers in correcting eye disorders have also contributed to the growth of this segment.

Cataract removal is expected to witness fastest growth over the forecast period due to the increasing number of cataract removal surgeries taking place across the globe. Cataract is a common problem in the geriatric population which is the leading cause of blindness, if not given proper care at the right time.

Glaucoma is the second leading cause of blindness, if not given proper medical attention. This has eventually contributed to the increased the demand for SLT and YAG lasers. Lumenis introduced a product, Smart Select Duet, which uses the combination of SLT and YAG lasers for treating glaucoma.

Retinal disease such as AMD and diabetic retinopathy are the common problem of geriatric population. According to the American Academy of Ophthalmology, 60% of people with diabetes develop diabetic retinopathy. The major players are focussing on production of products which are helpful in correcting such eye disorders.For instance, Topcon Corporation manufactured PASCAL Synthesis System for the treatment diabetic retinopathy and AMD.

End use Insights

On the basis of the end-use, hospital held the largest market share in 2016 due to the large number of ophthalmic lasers being performed in hospitals. The rising number of hospitals in the developing countries with the support of the government also contributes to the growth of this segment.
Ambulatory surgical centres are expected to witness significant growth over the forecast period. The increasing initiatives for awareness undertaken by the government in the developing countries contributes to the growth of this segment.

Ophthalmic clinics are expected to show fastest growth over the forecast period. This is due to the rise in number of speciality clinics which can treat chronic conditions and the personal care given to the patients. Absence of trained professional who deal with the complexities arising at or during ophthalmic lasers is expected to hinder the growth of this market.

Regional Insights

North America dominated the market in 2016 due to the rising healthcare expenditure and development of healthcare infrastructure in the US. The rising incidence of diabetes in America also contributes to the growth of ophthalmic disorders which in turn is anticipated to flourish the regional market.

Europe also contributes to a significant share of the market in 2016, due to the increase in geriatric population. Increase in ophthalmic disorders among this population group is expected to support the regional market growth.

Asia Pacific is expected to show an attractive growth over the forecast period due to increase in healthcare expenditure in developing countries such as India and China. The increase in prevalence of cataract removal surgeries boosts the market growth. Moreover, increasing awareness level among people for prevention of blindness also contributes to the growth of this market.

Competitive Insights

Some of the major players of the market include Alcon Laboratories, Inc., Carl Zeiss Meditec AG, Ellex Medical Lasers Limited, Abbott Medical Optics, Inc., Bausch & Lomb Incorporated, Topcon Corporation, IRIDEX Corporation, Lumenis, Ziemer Ophthalmic Systems AG, and NIDEK Co., Ltd.
The major strategies of the key players include mergers & acquisitions, new product development, and regional expansions. For instance, in 2015, Topcon Corporation redesigned Next Generation Pattern Scanning Laser PASCAL Synthesis with an automatic table, which helps in efficiency and space savings.

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Electric Vehicle (EV) Charging Infrastructure Market Snapshot & Key Buying Criteria by 2014-2025

Industry Insights

The https://www.millioninsights.com/industry-reports/electric-vehicle-ev-charging-infrastructure-market?utm_source=Blogger&utm_medium=Referral&utm_campaign=Moiz_29Aug18 was valued at USD 1.16 billion in 2016 and is expected to be growing at a faster rate during the forecast period. Increasing demand for electric vehicles has led to the growth of the product market. In the recent years, there has been a significant increase in the volume of these vehicles sold owing to the government-sponsored subsidies such as tax credits to support and promote the use of electric vehicles and make consumers aware of the benefits of using an EV.

Passenger cars segment is expected to grow at the fastest rate as compared to the commercial vehicles segment. The increase in the variety of EV models, which will come equipped with the latest technology. Moreover, some research and development activities are being carried out to provide the vehicles with latest technologies and advancements are being made in the Electric Vehicle Supply Equipment (EVSE) for making them more reliable and consumer friendly.
Direct Current Chargers hold the capacity to charge an EV in less than 20-30 minutes. These DC charges convert the high voltage alternating current to direct current thereby storing the electricity in the EVs. They are further classified as Combined Charging System (CCS), CHAdeMO, and others connectors such as China GB/T and Tesla Supercharger

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Japan Electric Vehicle Standard (JEVS) have stated CHAdeMO as reliable connectors owing to their ability to supply 62.5-kilo watts of DC. Tokyo Electric Power Company, Mitsubishi Group, Inc., Fuji Heavy Industries Ltd, Nissan Motor Company Ltd. and Toyota Motor Corporation together form a CHAdeMO association.

Tesla Superchargers manufactured by Tesla Motors, Inc. is structured distinctively and offer some charging options including the superchargers. The Chinese GB/T supports level 2and 3, 250-voltand 400-volt DC and three-phase AC. GB/T pin design is similar to IEC connector; however, the functions are completely different.

Type Insights

Two varieties of chargers are currently available in the market which includes AC and DC chargers. Alternating Current Chargers are the one which is basically used in homes to charge an EV which uses AC. These chargers are further classified as Type-1 charges (up to 3.7 kilowatts), Type-2 (greater than3.7 kilowatts and less than or equal to 22 kilowatts), and Alternating Current rapid chargers (capacity up to 43 kilowatts). They can charge an electric vehicle in six to eight hours, three to four hours, and 40 to 50 minutes, respectively.

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Fast chargers accounted for a significant market share in 2016 owing to their high potential charging capacity which can charge an electric vehicle battery, to 80% in less than 30 minutes. These types of chargers include rapid AC chargers (up to 43kW), Tesla superchargers and DC chargers. They are super quick and help the driver to reduce nervousness and recharging time of the batteries.

Application Insights

Numbers of initiatives have been taken by the Government. To promote publicly available chargers and make consumers aware of the availability of chargers in their respective areas thereby boosting the EV sales. However, the commercial segment is expected to capture a larger market share than the residential sector. Furthermore, government and automakers are expected to make massive investments in the expansion of public infrastructure.

Regional Insights

In the recent years, countries such as China have witnessed a substantial growth in electric vehicles and also have worked on improving their charging infrastructure. Furthermore, it is willing to invest in the electric vehicle infrastructure market so as to accomplish the target for about 5 million EVs, on the road, by 2020. Owing to this, Asia Pacific region is expected to dominate the market and account for about 50% revenue share by 2025.

Similarly, Japan Government has also taken initiatives to increase the number of petrol stations with EV charging points. Such collaborative initiatives taken by the governments and automakers is projected to enhance the EV infrastructure globally. The year 2016 has also seen a considerable investment from South Korea valuing USD 180.3 million for improving the EV infrastructure in the region.

Competitive Insights

The key players dominating the market include AeroVironment, Inc., ABB Group, Elektromotive Limited, Schneider Electric SE, ChargePoint, Inc., Chargemaster Plc, Siemens AG, Eaton Corporation, SemaConnect, IncTesla Motors, Inc., ClipperCreek, Inc., Delphi Automotive LLP, Leviton Manufacturing Co., Inc. and General Electric Company.

These companies are continuously focusing towards new product developments and up gradation of their existing product portfolio. They have strategically collaborated with other niche players and electric vehicle manufacturers to sustain the market competition. For example, in 2016, ChargePoint, Inc. teamed up with BMW, Volkswagen and LLC came together to set up approximately 100 DC, fast-charging stations across east and west coasts of the U.S. Moreover, they are improving their market shares by undertaking mergers and acquisitions.

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Biometrics Technology Market Research Methodology, Data Sources & Forecast by 2014-2025

Industry Insights

The https://www.millioninsights.com/industry-reports/biometrics-technology-market?utm_source=Blogger&utm_medium=Referral&utm_campaign=Moiz_29Aug18 size was  valued at over USD 10 billion in 2015. This technology has its applications in public, commercial and private sectors. Biometrics is related to human characteristics which identify fingerprint, palm veins, face recognition, hand geometry, retina for its authorization.


To avoid security breaches, this technology is applied in various sectors and it provides high degree of security and accuracy.

The security concerns are anticipated to drive the market demand over the forecast period. Biometrics technology is accessed in the computer industry for identification and access control. To protect the most important data, old techniques are not robust enough as a result of which this technology is being used widely. It has applications in government offices, border control, airports, financial institutions, healthcare industry and law on account of which the demand is expected to increase rapidly.

Application Insights

The biometrics technology finds usage in applications such as face recognition, hand geometry, signatures, automated fingerprint identification systems (AFIS), voice recognition, iris, and non-AFIS. Hand recognition is very widely used a form of application in biometrics technology.

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Palm veins and print are contactless applications which are expected to grow over forecast period owing to the security concerns. AFIS finds application in conducting background checks of the workforce of an organization.

These all will be used for civil applications.

Iris application is majorly used in government programs. It also used in ATM facilities and financial institutions. These applications will see growth over the forecast period.

End-Use Insights:

The demand in the government sector is expected to grow rapidly over the forecast period to prevent issues such as illegal immigration and identity theft. The commercial sector is anticipated to experience increased demand on account of growing application in defense and security end-use.
For recent implementations in mobile and online payments, it is protected by biometrics over its security concerns. This technology also has end-use in consumer electronics, healthcare, security, and defense.

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Regional Insights:

Biometrics technology is majorly used around the world to counter the threats posed by terrorists worldwide. North America is expected to be the major market where U.S. is the most dominant country and will grow rapidly over the forecast period. Asia Pacific is expected to be the fastest growing market owing to the significant demand in China and India over the forecast period. Initiatives such as UIDAI in India which use face, fingerprint and iris biometrics are expected to augment demand over the forecast period.

Competitive Insights:

The industry participants in the market comprise of companies such as Precise Biometrics AB, NEC Corporation, 3M Cogent, Fujitsu Limited, FaceFirst, Nuance Communications, and Hitachi. 3M Cognet has recently introduced a wide range of palm print and fingerprint identification products with innovative features.

The market is characterized by high merger and acquisition activity. 3M Cogent has entered into partnerships with companies such as Siemens, BlackBerry, Accenture, Sun Microsystems, and Lockheed Martin for the application of bluetooth-enabled portable fingerprint scanner, which is highly preferred mobile biometric industry.

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Biosurfactants Market Restraint Analysis And Industry Outlook by 2012-2020

Market Insight:

The Global Biosurfactant Industry is anticipated to generate demand of over 340,000 tons by 2020, growing at a CAGR of around 4% from 2014 to 2020. Absence of direct bio based substitutes of these product is expected to be one of the major factor driving the market over the forecast period.



Bio surfactants are surface-active compounds manufactured from several bio-based raw materials such as plant oil, plant carbohydrate and animal oil. Biosurfactants are excellent alternatives for synthetic surfactants and are the best emulsifiers that helps in maintaining, temperature & pH tolerance, antimicrobial, wet & foaming properties.
Few other factors such as growth of the global personal care industry and rising environmental concern over consumption of synthetic surfactants are yet another factor expected to drive the product demand.

Detergents and personal care products are its main end use applications. Bio surfactants such as APE (Alkyl phenol ethoxylates) &LAS (Linear Alkylbenzene Sulfates) have been also used as substitutes for synthetic ones in sewage treatment plants. Environmental friendly nature, non-toxicity, low irritancy, biodegradability and safety of handling these products are some of the major advantages for these over the synthetic ones.New production techniques and increasing applications in bioremediation, oilfield chemicals, industrial and institutional cleaners are anticipated to create new opportunities for the industry. However, these products being costlier compared to the synthetic ones and its low availability are expected to restraint the market in the new future.

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Product Insight:
Methyl Ester Sulfonate (MES) was the largest product segment in 2013 accounting for over 30% of the overall market. Increasing consumer awareness for bio based products makes it the preferred choice for the manufacturer in the present scenario. Demand of other products including sucrose esters, alkyl polyglucosides (apg), and sorbitan esters are also anticipated to increase in the next six years.

Other bio Surfactants namely non-ionic surfactants, anionic surfactants, cationic surfactants and polymeric surfactants are used as emulsifying agents in a wide range of end use segments such as textiles, personal care, construction, fuel sectors, and paper. Some of its important properties include its versatility, electrolytic, shear & thermal stability. Another product named rhamnolipids are used to degrade waste of hydrocarbons and also plays a major role in the cosmetic industry.

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Application Insight:

Major applications of biosurfactants include food processing, textiles, agricultural chemical, household detergents, personal care, bioremediation, oilfield chemicals, industrial and institutional cleaners. Currently, these products have found various applications in oil field chemical owing to their cleaning abilities and stability.

Regional Insight:

Europe was the leading regional segment in 2013. Asia Pacific is expected to experience moderate growth over the next few years owing to growing application sectors in countries such as China and India.

Demand in Europe and North America have also been increasing in the past few years owing to rising consumer awareness for bio based products in the region.

Competitive Insights:

Some of the leading industry players include BASF, Saraya, MG INtobio, Ecover, and Urumqui Unite. These companies account for around 90% of the global production annually. Other companies in the market include Akzo Nobel N.V, DuPont de Nemours & Co, Clariant AG, AGAE Technologies, Soliance and Jeneil Biotech.

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Global Aramid Market Restraint Analysis and Forecast by 2013-2024

The Global Aramid Fiber Market was estimated at USD 2.84 billion in the year 2015 and is expected to register a significant growth over the forecast period on account of its increasing demand from numerous end-use applications which consist of rubber and tire strengthening, security & protection, optical fiber and electrical insulation. The cumulative increase in the use of armours on account of rising concerns regarding security among civilians is driving the growth. These armours consist of helmets, vehicle armours, body armours and bulletproof vests used in defense industry. The product is also used as a substitute to asbestos which is considered injurious to the environment.

The participants in the market have been focusing on R&D activities to develop new products that fulfil the norms and regulations enforced by regulatory bodies. It is an appropriate material for applications in aerospace on account of its properties such as lightweight and fuel efficiency. Developing nations such as India and China are estimated to witness a rapid growth due to the rise in the consumption of electrical devices and automotive in the recent past.

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The major participants in this market are emphasizing on mergers & acquisitions, collaborations with consumers and suppliers coupled with new product launches to upsurge their business presence and strengthen their foothold in the market. In addition, players are also focusing on advancements in protective clothing industry in order to address the safety concerns.

Application Insights

In terms of global market revenue, security and protection accounted for over 33.60% in the year 2015. Aramid fibers are broadly used in the manufacturing of stab resistant and fire resistant protective clothing which consist of gloves, helmets and footwear. These products are widely used for industrial, civilian and military purposes. Strict norms and regulations in the North American and European countries such as the U.S., Germany, France, and UK are fueling the regional market growth.

The rising demand for optical fibers and electrical insulation coupled with the expansion of the IT industry has resulted in endorsing demand for aramid fiber. Increasing demand from the aerospace industry for lightweight products is anticipated to enhance the expansion on account of its safety qualities and fuel efficiency.

Product Insights

The demand for para-aramid fibers in 2015 was 51.87 kilo tons. They possess high potential, owing to properties such as high tenacity, low elongation and strength-to-weight property, resulting in its rising requirement from numerous industries such as aerospace, defense and automotive.

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Meta-aramid fiber is an aromatic polyamide which possess superior physical and mechanical properties. It is widely applied in honeycombed structured products, thermal protective clothing and filtration on account of its flameproof and heat resisting properties.

Regional Insights

In terms of global revenue share, Europe was the largest market accounting for 35.10% share in the year 2015. The market is majorly determined by countries such as Germany, France and U.K. Strict regulatory norms in various industries such as oil & gas, steel & aluminium, construction and automotive has been fueling the growth and this trend is expected to continue over the next eight years.

Asia Pacific is presumed to observe a rapid growth at a CAGR of 9.60% for aramid fibers in the near future. The expansion of aramid fibers market is primarily driven by rising demand from optical fiber and automotive sector in this region. Rising consumption of electrical devices and increasing vehicle manufacture in India and China are expected to drive the demand over the forecast period.

Competitive Insights

The global market for aramid fiber is competitive in nature, with major players engaged in R&D for constant innovation in the product. The major players in the market consist of Hyosung Corp., Kolon Industries Inc., SRO Aramid Co. Ltd., Yantai Tayho Advanced Materials Co., and E.I. du Pont de Nemours & Co.

The major participants are also involved in partnerships and collaborations. There are numerous end-use applications which consist of filtration, composites, recreational good, and ropes & cables, which is anticipated to offer a competitive edge to the major participants along with an opportunity to strengthen their business presence.

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Baby Diapers Market dynamics and demand in emerging regions 2012-2022

The Global Baby Diapers Market size was valued at USD 39.97 billion in 2014 and is expected to observe a rapid growth due to high birth rates in the developing countries over the forecast period. Rising consciousness towards baby health and affordability of the baby care products are the major driving force which is presumed to boost the industry in the coming future.

Advancement in science and technology has given rise to several outstanding products with various properties that have contributed to the market penetration, mostly in the developing region. A significant increase in the number of working women especially in developing parts of the globe has had a growing impact on product sales due to the easy to use the property as well as convenience factor of the product.

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Consumer’s increasing disposable income has resulted in higher buying power mostly in the developing region. Such increments are expected to raise the sales of premium products in the market which in turn will trigger the global baby diaper industry shortly. The high rate of birth in the developing regions such as the Middle East & Africa, Asia Pacific and Latin America is another major factor that is expected to impact the regional product sales positively. Continuous exposure to chemicals caused by disposable baby diapers leads to skin rashes and many other negative health impacts. Increasing awareness towards these toxic chemicals and their negative impact on health are most likely to influence the baby diapers market negatively over the upcoming seven years.

Strict government regulation as well as private agencies to safeguard customer interest is liable to obstruct industry growth shortly. Initiatives taken by R&D to build superior products without adverse impacts on health assures some growth opportunities for the industry. Several markets in the developing region have little awareness about the baby diapers. Such markets are anticipated to provide many opportunities for the participants in the industry. Growth in e-commerce sector recently is expected to drive the market penetration opportunities over the forecast period.

Product Insights

The key products include disposable diapers, biodegradable diapers, cloth diapers, swim diapers and training nappy. The global market is dominated by the disposable ones among all the other products, and this trend is anticipated to continue over the forecast period. Cloth based products and training pants emerged as the third and second major segments in the recent past.

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Biodegradable diapers are expected to experience a rapid growth rate over the forecast period owing to the increasing awareness towards the environment and changing consumer preference. Industry’s other cloth-based products include Pre-fold, flat and all-in-one. Increasing ill effects of the chemicals used in disposable diapers is projected to incline consumer towards the cloth-based products in the upcoming future.

Disposable diaper segment includes various types of products such as super absorbent disposables, ultra-absorbent disposables, bio-degradable disposables and regular disposables. Ultra-absorbent disposables and Super absorbent disposable products are anticipated to dominate the global market over the forecast period.

Regional Insights

The global baby diapers market was dominated by Europe during the past few years, followed by North America and Asia-Pacific. Due to slow birth rate in the developed region such as Europe and North America growth rate is expected to be moderate in such regions. Developing economies such as India and China is anticipated to lead the market in the Asia Pacific region due to the factors involving high birth rates, easy affordability, increasing disposable income as well as Rising awareness towards baby health.

Other parts such as Africa, Latin America, and the Middle East are expected to experience the high demand as well. However, certain countries in Africa are projected to lag the regional industry owing to the factors such as overall economic poverty as well as little awareness towards baby health issues.

Competitive Insights

The major industry participants have captured more than 50% of the global market. These companies have been strategically planning the acquisitions, mergers, and partnerships with an aim to build superior products and enhance the production capacity and thereby increase the market penetration. Key players in the industry include P&G, Hengan, SCA, Cotton babies, Kimberly-Clark, KAO, Phillips Health care, Unicharm, The Honest Co, Drylock, OsoCozy, First Quality, Hain Celential, Ontex, SCA and Seventh Generation.

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