Electronic Health Record Market Competitive Landscape, Key Companies Analysis and Revenue Forecast by 2025

The global Electronic Health Records (EHR) market size was valued at USD 20.55 billion in 2016 and is expected to reach USD 33.41 billion by 2025. EHR are the summary of the numerous electronic medical records which are produced throughout any clinical encounter. An Electronic health records supplies a wide variety of data such as, medication, laboratory test results, and medical history, demographics and diagnostic images. In the last few years, EHR implementation has been privileged in the hospitals in contrast to small-sized practices, primarily because hospitals have a big budget in comparison to miniature sized practice. However, over the forecast period, the industry for Electronic health record for systems utilized in miniature sized practices is expected to observe noteworthy growth rate.

Important advantages linked with electronic health records systems coupled with financial incentives offered by government of different countries are expected to become the chief factors driving the expansion of EHR (Electronic health records) market globally. Benefits from EHR system comprises updated patient information, accurate patient information, decreased healthcare services cost in extended term, rapid access to customer associated data, decreased medical errors, amplified patient involvement and enhanced competence of healthcare service offerings. These compensations encourage healthcare service providers to provide their services with technically superior (Electronic health records) EHR systems, which is expected to drive the industry growth over the forecast period. Over the anticipated period the financial enticement by governments in developing and developed countries is expected to continue to, propel the growth of Electronic health records market.

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On the basis of installation type the Electronic health records market can be segregated into three prominent sections that are software as services, client server based and web based. Growing technical advancement in the field of data access through smart phones, increasing demand for improved quality and efficiency in service delivery coupled with increasing disposable income of customer across the world are expected to drive the growth of electronic health record market, by installation type. Web based Electronic health records systems are being admired more and more between medical professionals owing to its reduced operational costs. The client server based Electronic health records systems includes up-front setting up fees, which is expected to be the major challenge among medium size practices and small practices. The software as a service section is expected to grow at a fast pace over the given period owing to fact that Software as a service (SaaS) is attaining better inclination between physicians as it is capable of offering small upfront costs and eliminating technical glitches.

Overall, by taking into consideration the installation type of electronic health record systems, the client server supported EHR aid in achieving more power on both the data as well as the software. Likewise, the expenditure also gets decreased notably in web-based electronic health record systems and the data gets stored up involuntarily by the vendor. The stored data can be administered from anywhere on the globe. Software as a service (SaaS) electronic health record systems are characteristically advantageous for older physicians or standalone centres who are into the industry for last few years in direction to evade the penalty charged by the government authorities.

On the basis of geographical region this market can be segregated into Asia-Pacific, North America, Europe and Rest of the World. North America is expected to generate largest share in revenue over the forecast period owing to increasing investment done by government in this sector coupled with policies introduced by government to encourage the implementation of electronic health record system. After North America, Europe is expected to capture maximum market share over the forecast period owing to numerous ongoing Research & development activities done by the companies’ active in this area. Asia Pacific is expected to rise rapidly over the forecast period owing to increasing consumer awareness and spending among the population of these countries. On the basis of end-user this market can be segregated into hospitals and ambulatory uses. The ambulatory uses are further divided into standalone facility, retail pharmacy and clinical use. Hospital use section of this market is expected to capture largest part in revenue owing to growing demand of most favourable services coupled with growing competition in this sector. Ambulatory use is expected to see a significant rise owing to growing demand of mobile electronic health record systems.

The key players in the market are as follows Cerner Corporation, eClinicalWorks, Allscripts Healthcare Solutions, Epic Systems, GE Healthcare, Athenahealth, Inc, Medical Information Technology, McKesson Corporation, NextGen Healthcare, Greenway Health, CoxHealth 4medica, and CPSI. Recently, in March 2014, CoxHealth installed a complete web-based population patient engagement platform and health services platform designed by Phytel, Inc. to improve health result of patients coupled with simplicity in the shift from fee for service to outcome supported payment model which is presently established in the U.S.

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Application Management Services Market Driver Analysis, Technology Overview and Segmentation Forecasts, 2025

The global application management services market is expected to reach USD 87.60 billion by 2025. An application management service comprises of combination of various implementation, projects and operational services in an organization to optimize its activities. They are used to maintain applications and support users for long term period. Operating costs can be reduced, applications systems can be improvised and software processes can be improved by implementing application management services thereby ensuring faster and better performance of business processes and applications.

Current market trend in application management services include outsourcing activities, hosting cloud applications and mobile models. There have been remarkable technological improvements and changing business models in recent times in addition to optimization of processes that drive the deployment of these applications.

Application management includes various domains such as Application outsourcing as a part of packaged and custom management, Hosted Application Management as a part of Cloud modelling, Customized application management that employ various application factory models and best practices, testing service portfolios provided by cloud providers and traditional systems.

Global cloud services market is expected to grow over 16.5 percent to a total above $204 billion up from $175 from 2015.The highest growth is expected to come from cloud system infrastructure services which includes infrastructure as a service and is expected to have a growth rate of over 38.4 percent in the forecast period. The largest segment in the application service market is the cloud advertising service that is expected to grow above 13.6 percent to reach over $90.3 billion. This continuous growth marks a shift away from systems maintaining legacy infrastructure services.

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IaaS is the strongest growing segment as organizations choose to drift away from infrastructure employing data centers and move their hardware into public oriented cloud based services to store data. Few market enterprises have become market leaders in this segment as they emphasize on differentiating the applications they provide by bringing about new ways of storing and maintaining Data.

Software as a service (SaaS) is expected to grow at a rate of over 20.3 percent in the forecast period and have a revenue of around 37.7 billion. Vendors in this market prefer moving to cloud based offering from on-premises licensed software systems that are much more expensive. This trend is expected to show remarkable improvements in the near future. Major vendors in Cloud services can is expected to fuel the Saas Market as well.

Web applications, web services, Client-server systems, Content management, Reporting, Integration of different systems within an organisation form customized application development. Mobile applications comprise of Bluetooth, GSM, GPRS, SMS and MMS applications. Application management services aim at goals that result in operational excellence and achieving measurable and specific objectives. The common objectives that companies aim at are minimized risk , Cost reduction, Improved quality , Speed to market, Standardization Improved governance and optimized transparency.

Next generation application management services aim to balance legacy infrastructure systems while simultaneously discovering new business opportunities. These services play a major role in improving processes owing to reduced costs, better agility and reliability. Application management also emphasis on integration of upcoming technologies that combine modules at different interfaces. Transformation in development and procurement of application management services can be attributed to the upcoming technologies that are a result of integrating social and mobile applications into cloud computed systems. Organizations now focus on micro applications that can be created faster in shorter periods, highly collaborated and deployed spontaneously at the earliest possible.

An important component of next generation application services includes techniques that can help developers integrate rapid application updates. Application. Vendors who offer these next generation services should be carefully assessed for specific quality standards that can optimize agility and responsiveness of the business which account for increased savings and continuous improvements. Growing needs to maintain confidential data and providing security to clients is crucial and can be handled by application services that include performance monitoring and tuning, databases and maintenance, encryption and decryption and use of private and public keys

Financial institutions and banks have been major clients of IT firms that develop applications that can support these institutions with a secured system. Efficient application management services optimize their performance based on transformation levers that have wee defined cost benefit analysis and adhere to implementation timelines with respect to deployment of these services. Banks and financial institutions operate in a controlled environment where margins are contracted with strict regulatory requirements. Hence, they tend to focus on continuously optimizing their processes.

Consumption-based pricing, that include having licenses and maintenance and support services cost, is a model that is slightly risky but has an increased flexibility of application management services. There is service based pricing techniques that make way for new application management services. Focus of application management services is to have continuous productivity optimization with respect to scalability, better service quality levels and commitment to faster delivery of services to clients and thus generating better business values.

Major restraints can include compatibility issues that arise from new versions of devices that do not fit in with the existing application service and enhancements that can hinder the use of systems that have been hired for these applications to run. There should also be a continuous flow from the sales pitch to the delivery of AMS.

During the development lifecycle of an application management service, testing is done in order to check for security issues. Usually at this stage, there are no bugs found but on discovery can have heavy expenses on the organisation. Hence, it is necessary that security is taken care of from the initial requirements stage thus avoiding to rely on the testing phase. This process drives down the cost of making these applications secure instead of having to rework on the entire application again.

Key competitors in the market include Accenture, IBM, Infosys, TCS. Other prominent vendors include Atos Origin, CSC, Bourntec Solutions, , Cognizant , Deloitte , HP , Iblesoft ,Ingenuity Technologies, Logica , Fujitsu, L&T Infotech, Mahindra Systems, Capgemini , NTT Data, Wipro, Xerox. Regions that focus on this market are Americas, APAC and EMEA. Applications prevalent globally are SAP systems and ERP systems that employ integrated modules to provide a single platform and make tasks simpler.

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Breast Implant Market Share, Global Insights, Size, Development, Emerging Trends, Analysis and Forecasts To 2025

The global breast implants market size was valued at USD 1.2 billion in 2016 and is expected to reach USD 2.0 billion by 2025. According to a FDA about 5-10 million women around the globe have opted for breast implants. Breast implant is an artificial prosthesis made up of a silicone outer shell filled with saline and silicone gel. The breast implant procedure involves reconstruction to improve symmetry after mastectomy or other damages to the breast or enlarging the breasts for cosmetic reasons.

Breast reconstruction requires tissue expanders, which helps in the expansion of breast muscles and skin, following by the permanent insertion of a breast implant after the removal of the tissue expander. The breast implant procedure is performed on an outpatient basis and takes about one to two hours. Women with poor health or severe chronic disease are not considered fit for breast augmentation. Changing lifestyle of people has triggered the demand for cosmetic procedures are projected to boost the growth of breast implant market over the forecast period. In addition, with the introduction of technological advancements such as hyaluronic acid facial filler and two forms stable silicone gel breast implants along with increasing expenditure among consumers pertinent to aesthetic procedures is expected to boost demand for breast implants.

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Breast augmentation is used to increase size and improve shape and symmetry of the breasts. However, the limitation of the soft tissue to cover the implants is a key issue. Composite breast implants are useful in such cases. Majority of the women who opt for breast augmentation simply want to balance their upper and lower trunk. Most of the women prefer a rounder and fuller look on top. Adoption of composite breast implants is expected to drive the growth of breast implant market globally during the forecast period. The market is expected to witness substantial growth due to an increase in disposable income of women. With increase in disposable income, more and more women have opted for cosmetic surgeries to improve their appearance and look young. However, the side effects of breast implants are expected to hinder market growth over the forecast period.

The market growth is relatively slow in developing countries. However, the market in Asia is expected to witness an increase in its market share over the forecast period owing to substantial increase in disposable income of people in the region along with rising consumer awareness among people of the region of availability of scientific methods to improve looks.

The global Breast implant industry report is a professional and in depth study on the current state of the global Breast Industry. The report offers an overview about the classification, definition, industry chain structure and applications. The analysis of the Breast implant industry is provided by looking at the trends of industry. Development policies and plans are also discussed and manufacturing processes and cost structures analyzed. Breast implant industry export/import consumption, demand & supply figures, cost price and production value gross margins are also provided. The report also talks about the various factors driving the growth for the industry.

The report also focuses on key players of the industry players providing information such as capacity production, product picture & specification, price, cost, contact information and production value. Downstream raw materials and equipment and upstream demand analysis is also carried out. Breast implant industry development marketing channels and trends are also analyzed. Finally, the viability of new investment projects is assessed and overall research conclusions offered.

Some of the key questions answered by the report are market size and its growth rate. It talks about the key market trends and major growth driving forces of the industry. The report also talks about the key challenges faced by the industry. Some of the major players in this industry are Allergan, Arion Laboratories, CereplasIdeal Implant, Establishment Labs, GC Aesthetics, Groupesebbin, Guangzhou Wanhe Plastic Materials, Hans Biomed, Mentor Worldwide, PolytechHealth & Aesthetics, Sientra and Silimed.

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Global Amines Industry Situation, Outlook Analysis and Prospects Research Report by 2025

Industry Insights

The global amines market size was estimated at USD 14.4 billion in 2016 and is anticipated to reach USD 29.3 billion by 2025. Amines market is expected to witness significant growth over the forecast period owing to increasing application scope in personal care products, crop protection, paint & coatings, surfactants and water treatment. Rising need for yield improvement among farmers coupled with growing agricultural industry demand for fertilizers is projected to fuel the market growth over the next eight years. India and China are anticipated to act as important countries to drive the growth primarily due to the rising end user industry demand for amines as a raw material in manufacturing azo dyes and as an ingredient for making drugs in pharmaceutical industry.

Amine growing demand for gas treatment to remove hydrogen sulfide (H2S), and carbon dioxide (CO2) from refinery process streams is also expected to bolster the market growth by 2024. Furthermore, improving infrastructure growth in BRICS countries, and rising demand for heavy duty laundry liquids are anticipated to propel the market demand over the forecast period. In addition, increasing cosmetic products demand in developing markets of India and China coupled with growing personal care industry in Germany is likely to boost the amines market over the next eight years. However, the increasing volatility in crude oil prices has impacted the amines prices resulting in the rising demand for bio based molecules, thus challenging the amines market growth by 2024. Henceforth, companies are projected to focus in technological advancements through R&D efforts that would decrease the amines prices and could potentially reduce the demand supply gap over the next eight years. Automobile production growth in Malaysia, China, Mexico and Indonesia is another important factor anticipated to propel the application of paints and coatings, thus boosting the amines market over the next eight years.

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Product Insights

Amines comprises of various products such as chlorpromazine, amitriptyline, imipramine, lofepramine, clomipramine, and ethanolamine which are used to relieve allergic disorder, anxiety, excitement, mental disorder, and restlessness. It constitutes few other products such as desipramine, nortriptyline, and amoxapine that are considered very significant tricyclic anti-depressants. The aforementioned products application in pharmaceutical industry is anticipated to fuel the market growth over the forecast period. Ethanolamine is projected to account for more than 50% market share by 2024 primarily owing to its rising use as a corrosion inhibitor in matching fluids, lubricants, and cooling systems for automotive & marine industrial applications. It is also used as a cleaning agent in the form of triethanolamine and monoethanolamine thus anticipating the market growth to propel by 2024

Application Insights

Crop protection is the key amine application in the agricultural industry that is expected to drive the market growth over the forecast period. The market also has various applications in pharmaceutical industry in making medicines. However, the increasing applications of bio-based products and rising stringent environmental regulations regarding water pollution are projected to challenge the amines market by 2024. Growing amine application in FMCG industry is also anticipated to bolster the market growth over the forecast period.

Regional Insights

Asia-Pacific is projected to witness fastest growth over the forecast period owing to growing demand from agricultural industry, rising economic development, and increasing R&D endeavors in producing quality amines. India, China, Indonesia, and Malaysia are anticipated to account for major market share in the region primarily due to growing government initiatives for sustainable development. North America and Europe are expected to see considerable growth over the next eight years owing to growing demand for amines in end-use industries and rising awareness of its varied applications. Particularly the US, Germany, France, the UK, and Italy are projected to account for highest growth in the region primarily due to growing of personal care and healthcare products.

Competitive Insights

Major players in the amine market include AkzoNobel, BASF, Clariant, and Dow Chemicals. New opportunities arising from Indian government’s PCPIR policy for promoting chemicals and petrochemicals production is also anticipated to propel growth by 2024.

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Hospital Information Systems Market Overview, Growth Demand And Forecast Research Report To 2025

The global hospital information systems (HIS) market is expected to be valued at USD 39.7 billion by 2025. Hospital information system market demand is expected to be high over the forecast period on account of increasing patient traffic. The need to integrate data of a single patient from all the departments in a hospital is anticipated to propel the overall industry growth. Hospital information system (HIS) is designed to fulfill the administrational needs of medical centers. It involves the integration of multiple divisions in order to manage the administration on a real time basis. Various sections of a medical center which include laboratories, finance departments, and general administration are integrated through enterprise architecture. It also helps the physicians in tracking a patients’ past record and progress in the treatment. The increase in patient flow is the major factor driving the overall market. Increasing disease incidence has created the need to establish a sophisticated data base for patient tracking. A patient undergoes multiple therapies, treatments, and diagnosis. A Physician needs to collate all the information for further diagnosis. This need drives the demand for information system with integration of multiple wings within an organization. Such systems also help physicians to track patients past history.

Accounting is another factor which propels the demand for hospital information system. Bills from various departments are consolidated into one and therefore leading to customer satisfaction. Medical institutions have been able to process the overall cash flows at a centralized level with precision and without any delays. Such centralized cash flow management reduces the possibilities of fraud and financial data fabrication. HIS has helped to fasten the administrative process with high accuracy which includes placing orders, bookings and payment. Moreover, these applications have significantly contributed to increase overall accuracy, response time and efficiency which in turn is expected to drive its demand over the forecast period. Electronic record keeping has boosted the demand for HIS implementations. They provide a common source for patient’s health history. Doctors can easily access patient’s information, laboratory results and previous prescriptions.

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These information applications are efficient in crowd control. Tracking the patient flow has been easy, leading to a planned scheduling of appointments and bed occupancy. This has resulted in avoiding time delays and long queues. Therefore, healthcare organizations with large inflow of patients are expected to find major applications for crowd management. Growing medical insurance industry is expected to further drive the demand for patient records in healthcare. Insurance agencies are expected to find these applications useful in tracking a patient’s history and avoiding fraud. Absence of well-established I.T arrangement is expected to pull down the overall system growth as launching these applications requires highly proficient I.T systems and maintenance. Moreover, these applications are high in cost and require regular updates and maintenance.

Mindset change is another reason which is expected to restrain global industry growth in the future. Some organizations are expected to hesitate in implementing new technologies and stick with their old systems which are cost effective and well adopted by their employees. Healthcare facilities who seek for a fully integrated business solution provide great opportunities for market growth in near future. There is a need to establish proper sales channel so that the vendors ensure efficient technologies are integrated into their solutions.

Rise in medical informatics is expected to propel the growth of overall industry. Data collected through these application suites is used to study the recent trends and patient behavior. This source of data provides meaningful insights for capacity planning. Hospitals tend to use this information for their expansion programs and demand forecasting. The HIS architecture is segmented on the basis of specialized implementations which includes clinical information system, laboratory information system, procedure management, radiology information, and picture archiving & communication.

North America is expected to observe highest demand in the global industry on account of the well-developed healthcare sector and implementation of advanced IT infrastructure. Similarly, Western Europe is expected to show a substantial demand over the forecast period on account of increasing emphasis by the regional government on healthcare facilities coupled with the stringent regulatory framework. Asia Pacific and the Middle East are expected to observe significant growth on account of the increasing government initiatives to establish proper healthcare infrastructure in developing economies including China, India, Japan and UAE.

Key players operating in the market are SAP, Philips, Infosys, Wipro, TCS, Meditech, Mckesson Corporation, Epic systems, Allscripts, and Cerner Corporations. Vendors focus on providing complete IT enabled services which consist of HIS. This helps the vendors to reduce costs and also aid in the maintenance process. After sales service plays a vital role in establishing strong relations with the customer. Break down of these applications result in loss of information and disturbance in services. In February 2015, Cerner Corporations successfully acquired Hospital IT solutions business unit of Siemens for USD 1.3 billion. The acquisition is expected to help Cerner develop efficient business solutions especially in the field of electronic record keeping.

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Paints & Coatings Market Dynamics, Forecast, Growth Analysis And Supply Demand 2025

The global paints and coatings market is expected to cross USD 227.70 billion by 2025. Paints and coatings enable better products that are durable, much attractive, reliable, and highly saleable. Paints and coatings are looked upon as the materials that add value to the finished products. The paints and coatings serve three major objectives; enabling aesthetic appeal or decorative value to surfaces and products, enabling protection from damage from harsh environment, and tagging specific attributes to the product. Besides, paints and coatings constitute a specific material and design with significant texture variables.

Paints and coatings industry is driven by factors such as rise in use of paint and coating in automotive, construction, and marine industries. In addition, rise in innovation in manufacturing processes and derivation of formulation technologies propel the market growth. The market witnesses remarkable trends such as inception of nanotechnology in the paints and coating industry. However, increase in use of substitutes, wallpapers, and significant costs associated with paint related activities is likely to hamper the market growth in the near future.

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Product segment for paint and coating market includes waterborne formulations, water-based coats and water based polyurethane. End-use segmentation for paints & coatings industry comprises general industries, automotive, wood, aerospace, and marine.

Geographical segmentation for paints and coatings market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific’s paint and coating industry is anticipated to rise at a staggering CAGR in the forecast period due to increase in demand for paint and coating products coupled with vast presence of paint manufacturers in these regions. In addition, rise in commercial construction and related activities is likely to trigger the APAC market growth.

North American and European markets are expected to gain a significant CAGR in the forecast period due to stringent environmental norms and precaution against hazardous chemicals. Middle East and African regions are likely to gain a positive traction in the forecast period due to rise in imex business. Besides, flexible pricing coupled with ease of availability is also expected to stimulate the market growth in the near future. The key players in the paint & coating market include PPG Industries, AkzoNobel, Sherwin-Williams Company, Axalta Coating System, Valspar Corporation, Nippon Paint Holdings, Jotun Group and RPM International Inc.

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Fiber Optic Connector Market Growth Opportunities, Analysis And Forecasts Report To 2025

The global fiber optic connector market is expected to reach USD 5.9 billion by 2025. FOC or Fiber optic connectors are majorly used for connecting two optical fibers in a mechanical way owing to transmission of light from one core of a fiber to the core of other fiber owing to equipment linkage of fiber optic connection.

The global fiber optic connectors market is divided on the basis of types, applications, and region. On the basis of the type the market is classified into SC, LC, MTP/MPO, ST and others. By applications, the fiber optic connectors market is classified into lasers, telecom industries, DWDM systems, Datacom, and others. Based on the region the global market is further segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Major countries contributing the market growth from the North American region include Canada, the U.S., and Mexico. Major contribution countries from Europe include Italy, Germany, United Kingdom, and France, CIS, Scandinavia, Spain and rest of Europe. Major countries to boost the market growth from Asia-Pacific include Japan, India, Oceania, China and rest of Asia-Pacific. Argentina and Brazil from Central and South American countries have also witnessed significant growth in fiber optic connectors market. South Africa, Saudi Arabia, UAE and rest of MEA countries have contributed to the overall FOC market growth.

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Major factors identified to drive the future market growth of the global fiber optic connectors market include rising demand for increasing bandwidth, rising demand for data volume and transmission speed in data centers within the telecommunication industry. Key attributes of fiber optical connectors include cost effectiveness, low power consumption, and high data throughput. These attributes are anticipated to propel the market growth of FOC in upcoming years owing to increasing networks of warehouse and scale data centers. Additionally, rising application of fiber optic connectors in a gamut of application areas within the medical and pharmaceutical sector is expected to play a significant role in the future market growth of global FOC. Breakthrough advancements in technology and enhanced production of fiber optics is expected to drive the global market growth. Together all these drivers and trends are expected to bolster the future global fiber optical connectors.

A humongous growth of cloud computing and internet of things (IoT) have higher demands of bandwidth within the data center network industry owing to positive impact for rising demand of optical interconnects in the next-generation technology. Additionally, several other advancements in this industry have led increasing demand for optical sensors and data links requirement different applications such as aerospace and defense. Other technological factors included to drive the future market growth are multi-directional information flow, diad, triad and multi-channel linkages and others.

Deployments of next generation technologies in fiber optical connectors, manufacturers can have many avenues open to them for several opportunities to ramp up their production processes in a cost-effective way as well as meet growing demand among consumers for fiber optic connector components.

Rapid growth in the wireless networking system is expected to pose a restraint in the global fiber optics market advancement. Additionally, low level of automation and higher implementation cost of fiber optic connectors are also anticipated to restrict the future market of global fiber optical connectors.

Some of the key players in the fiber optic connectors market are, 3M, Amphenol Corporation , Alcatel-Lucent SA, Hirose Electric Co. Ltd, Sumitomo Electric Industries, Arris Group Inc., TE Connectivity Ltd.(Switzerland), Hitachi Ltd., Furukawa Electric Co. Ltd., ZTE Corporation, Sterlite Optical Technologies Limited., Ratio last Electronics ,Corning Cable Systems LLC, Diamond SA, and Avago Technologies among others.

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Automotive Coating Market: In-depth Study by Key Reasons, Product Segments and Application to 2025

The automotive coating market is expected to grow at a healthy rate for the forecasted period owing to the increase in demand of commercial and passenger vehicle, development in transport infrastructure, and supporting government policies and regulations. Latest technology in this industry is water born and powder coatings. Most of the automobile parts are metallic and to improve the life and avoid degradation metal coating is done on it. Growing demand of automobile across global is offering great opportunity for auto coating industry. Innovation in green technology such as making the products eco-friendly will help the industry to grow significantly as it will abide government regulations.

Water borne and powder borne coatings popularity is increasing as it has longer durability, in line with government regulations during production, and is cost effective than conventional solvent borne coatings. These emits hazardous chemical and harms environment. The market is primarily influenced by the government regulation as affects the environment. Also the prices of raw material are fluctuating hence it is emerging as a major challenge for the industry as the profit margins are reducing.

The automotive coatings industry is segmented majorly into two categories which includes aftermarket or refinish and Original Equipment Manufacturing (OEM). The refinish or aftermarket is used by the vehicle body shops and collision repair centres. On the basic of product segmentation, the global automotive coatings market can be divided into four categories namely primer coats, electro-coats, clear-coats, and basecoats. Based on formulation, this market can be classified into four categories which includes solvent-based, water-based, UV-based, and powder-based coatings.

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Solvay SA has worked on improving in durability, appearance, and developed new type of finish Basecoat. The upper coat paint system is divided into an enamel basecoat pigmented, followed by an enamel clear finish. The main element in this technology is a clear coat which has longer durability in all weathers. The expense of the Basecoat paint system was high initially and it was used in top-end auto cars. But with the advancement in the technology and processing it helped in reducing the overall costs.

The automotive coating industry is regionally segmented into 5 regions which includes, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia-pacific is showcasing high potential in automotive aftermarket coating in terms of revenue due to increase in vehicles production and use of second hand cars. As the economy of Asia-pacific countries are growing need for automobiles and road infrastructure is also growing at same pace. Hence Asia-Pacific is most lucrative market amongst all.

In Asia Pacific region there is increase in the number of joint venture among key players of automobile industry, and political policies for development are favorable. Europe is the second largest market in the world because it is recovering from downturn. North America is an upcoming market, predicted to surpass it in future considering the increase in the industrial production. Europe and North America are anticipated to benefit from stringent environmental regulations that drive the demand for powder and waterborne coatings considering they are eco-friendlier. However economic slowdown is a major challenge in Europe and North America.

India, China, Brazil, and Russia or the BRIC are growing rapidly and the sale of automotive are expected to grow in coming years. These countries are considered to be major contributor towards growth of auto coating industry. Developing economies, improvement in the road infrastructure, and increase in use of individual personal conveyance are the key factors for the growth of the automotive industry. In the competitive market scenario, companies are adopting various business model to exploit the market opportunities and gain competitive edge. Most of the market leader and challengers are concentrating on improving their design to have competitive edge.

Key contributors in the market are PPG Industries Inc., BASF SE, Kansai Paint Co., Ltd., Akzonobel N.V. Bayer AG, Solvay SA, Arkema SA, Akzonobel N.V., Ltd., Akzonobel N.V. and Valspar Corporation, Bayer, Sherwin-Williams, Beckers, Royal DSM, and Eastman Chemical, Diamond Paint, Valspar, Sherwin-Williams.

BASF SE has launched a new refinish paint brand called NORBIN. NORBIN was launched in December 2015. NORBIN offers more colours at effective price, initially it was launched in China and Asia-Pacific. It offers high quality paint job, more range of colours at affordable cost. With the launch of new product BASF expects a dynamic jump in sales.

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Loudspeaker Market Growth Analysis by Region, Type, Applications And Competitive Landscape, 2025

The global loudspeaker market size is expected to reach USD 8.48 billion by 2025. Loudspeaker is an electrical device which contains one or more electro acoustic transducers, which converts an electrical audio signal into a corresponding sound. Global market of loudspeaker is expected to grow at healthy rate for the forecast period owing to increase in extensive use consumer electronics and growing preference of consumer for sound bars.

Use of loudspeaker in consumer electronics and growing preference for better in home entertainment are considered to be main drivers for loudspeaker industry. Speakers used in mobile phone, television, laptops and consumer expectation for better quality are expected to drive the market to a new high. Structural change in consumer wealth is a restraint for the loudspeaker industry. Any change in consumer income will affect the demand as it not a basic necessity.

Advancement in the loudspeaker such offers great opportunity for the market. With the changing consumer behavior it is observed that there is increase in demand for Wi-Fi speakers, and sound bars due its mobility and better sound quality features. In HD televisions due to its slick design company has to compromise on sound. Thus to enhance the entertainment and sound experience, consumers are going for additional speakers boosting the speaker demand. Blu-Ray Devices, DVD/CD Players, Home Theatre Systems, MP3 players, PCs, LEDs, LCDs, and other multimedia devices dictate market prospects for speakers.

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Loudspeakers are segmented by types which chiefly include pair speaker, satellite/subwoofer speaker, sound bar, in wall speaker, outdoor speaker, and other loudspeaker. Subwoofer speakers are more popular in home audio. The soundbar segment is expected to grow at a CAGR over 8% from 2016 to 2025. They are small in size and have placement flexibility. The satellite/subwoofer speaker has the largest market share. Soundbars market is fastest growing due to its high demand due to its feature such as multiple speaker better sound clarity, and can be mounted alongside of the television.

On the basis of geography, the market is segmented into five regions which include North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America regional market includes the U.S. and Canada. Europe regional market consists of European Union, CIS and other non-member states. Asia Pacific regional market includes Japan, China, India, Taiwan, Korea, and Australia. Latin America mainly includes Brazil, Mexico, and other South American countries. European loudspeaker market is expected to be key regional market owing to presence of companies such as Harmen Corporation and Bose.

However due to slowdown in European economy, the market expected to get affected. North America has second largest market share in this segment. . One of chief factor for the growth is the high disposal income in north America making it an attractive market for speaker industry. Asia pacific is the fastest growing market for the loudspeaker industry. It is observed that the demand for speaker is increasing in growing economies of Asia Pacific regions which include India and China.

Key players in loudspeaker industry are Bose, Audiovox Corp, Calix, Inc., Creative Technology Ltd,Dain Electronics Co., JVC Kenwood Holdings, Dynaudio A/S, Elettromedia Srl, ELNO Ste Nouvelle, Formosa Prosonic Industries Berhad, Genelec OY, Inc, Koninklijke Philips Electronics Nv, Linn Products Limited, Mermaid Technology A/S, Monitor Audio Limited, Optimus SA, Panasonic Corporation, Hitachi Ltd., Phonocar S.P.A., Pioneer Corporation, Plantronics Inc, Renkus-Heinz, Inc., Rockford Corp, Sica Altoparlanti Srl, Yamaha Corporation Sonus Faber S.P.A.,Samsung Electronics Co. Ltd., Sony Corporation, Velodyne Acoustics, Inc., and Wilson Audio Specialties Inc.,.

Harman Corporation developed a new loud speaker called ALumaprene. The effectiveness of sound was increased due to magnetic systems, bass is more powerful, light weight, powerful transducers, and it consumes less power than conventional speakers. Bose has introduced a new Wi-Fi sound system Sound touch 10. It is Wi-Fi enabled, can be connected to laptop, mobile device and tablet through Wi-Fi. Sound touch gives ease of access, can be controlled through remote, laptop or mobile compact design and improved sound quality. Knowles had acquired Audience in June, 2015 to improve its product range and market share. Both the companies had complementary products and technology hence the Audience products with help Knowles to improve its product range.

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Global Surgical Instruments Market Analysis, Share, Overview And Forecast To 2025

Global surgical equipment/instruments market was valued at USD 10.5 billion in 2016 and is expected to reach a value of USD 20.3 billion by 2025. Global surgical equipment market is expected to experience brisk growth due to rise in demand for nominal hostile surgeries over the forecast period. Novel technologies such as robot and power assisted medical tools introduction in recent past is estimated to further enhance industry growth.

Surgical tools are medicinal devices that serve some specific need during any surgery. These devices allow the physical alteration of biological tissue to deliver access to internal body parts. This equipment’s are tools that are used to complete functions such as suturing cutting, holding, dissecting, retracting, or grasping. These instruments are hand handled or sometimes power based robotic devices. Technologies viz. robotic based medical devices and minimally invasive medical equipment development are presumed to be key driving factors for the surgical equipment market. Rise in aged population coupled with increase in medical processes is estimated to fuel the growth over the forecast period. Modernization in operating devices which provide improved & better outcomes along with increase in demand for less complicated procedures are some important success factors that are expected to contribute for the global growth over the six year period. Growth in adaptation and approval for arthroscopy and minimal invasive procedures usages due to convenience is expected to further complement the market growth.

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Growth in demand for advanced twisted healing materials such as medical adhesives, glues, high-strength hemostats, fibrin, and other sealants used on daily basis for medical procedures are presumed to hinder the growth. Stringent government norms on power devices in certain regions are expected have negative impact on the market growth over the forecast period. Due to side effects related with some medical tools making people think twice before using the device. Several inadequate product quality assurance concerns to performance related to this device, improper procedures in sterilization for used equipment affect the individual health which is further expected to reduce the industry growth. Lack of affirmative governing structure in some developing regions is presumed to act as restraints for the market expansion across the globe. Huge price competition among the industry participants is presumed to hamper the Industry growth. Emerging economies such as India and China are presumed to be an opportunity for the industry participants to enter in this untapped market.

Based on product type surgical equipment market is segmented into surgical handheld instruments, staples & electrosurgical devices and surgical sutures. The surgical handheld instruments are further segmented as retractors, scalpels, and scissors and forceps. Till 2012, surgical staples and sutures appeared as maximum revenue generating product in surgical equipment market across the world. But, electrosurgical instruments are presumed to witness pleasing growth over the six years period owing to the rise in demand for minimally invasive operating procedures that greatly use this equipment.

The market is classified as Neurosurgery, Wound Closure, Plastic and reconstructive surgeries, Urology, Thoracic surgery, Cardiovascular, Obstetrics and gynaecology, Orthopaedic surgery, Micro vascular, Laparoscopy and Others based on different applications. Under developed regions such as North America and Europe are amongst the regional market for this equipment. And under the developing regions Asia Pacific are the regional markets catering the demand for this instrument. North America appeared as the maximum revenue contributing regional market due to constant R&D initiatives along with technological innovation which is leading to the better products development. Thus this is expected to boost the regional market growth. Asia Pacific is expected to grow at a lucrative CAGR over the next six years due to increasing awareness and adaptation pertaining to the advanced surgical equipment. Rise in disposable income is expected to propel the market growth. Rise in disposable income in emerging economies such as India is presumed to compliment the increase in demand for surgical equipment market in this region.

Many companies are implementing strategies such as collaboration acquisitions, and expansions to hold a strong position in this industry. Surgical equipment market is highly cost intensive with huge investment cost. Industry participants are investing heavily on research and development to have competitive advantage. Product innovation and product introduction is the important strategy adapted in this industry. Prominent industry participants includeKLS martin group, Smith & Nephew PLC, Zimmer holdings Inc., Ethicon Inc., Carefusion Corporation, Alcon Laboratories Inc., Conmed Corporation and Stryker Corporation. Stryker, Carefusion and Zimmer are observed to dominate the industry for electrosurgical instruments in recent past.

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Global Polyvinylpyrrolidone Market Analysis, Share, Growth, Industry Trends, Overview And Forecast To 2024

The global polyvinylpyrrolidone (PVP) market size was 161.8 kilo tons in 2015 and is anticipated to reach USD 2.75 billion by 2024. The Polyvinylpyrrolidone (PVP) market is expected to witness growth owing to rising demand from end user industries including pharmaceutical, cosmetics, personal health care, adhesives and beverage industry. Rising awareness regarding the varied applications such as dissolving assistant for injection, a dispersant for liquid medicine, flows assistant for a capsule, medicine for brain-memory recovery, the raw material for making ceramic products, and moisture preserving agent are anticipated to propel the PVP industry growth over the next eight years.

Few other applications including stabilizer for an enzyme, antitoxic assistant for eye drug, viscosity enhancement agent for printing ink, film forming agent in shaping products, and solvent for agricultural pesticide are projected to fuel the market demand over the forecast period. The pharmaceutical industry is projected to contribute the major market share in the overall growth of the PVP sector by 2024 owing to rising use of PVP in medicines as a binder for tablets, a stabilizer for heat sensitive drugs, and antiseptic injection for surgical operations.

The pharmaceutical sector is anticipated to see the growth of more than 30% CAGR over the next eight years, owing to increasing R&D efforts by companies in developing PVP medicines that could be used as dietetic tablets in nutritional products and as a disinfectant for maintaining hand hygiene, thus augmenting the end user market of PVP products. On the other hand, Cosmetics industry and personal care industries are expected to see growth of more than 6% CAGR and 10% CAGR respectively and thus augmenting the Polyvinylpyrrolidone market demand over the forecast period primarily owing to increasing application scope and rising adoption of Polyvinylpyrrolidone products as raw material in shampoo, cleaning products, shave lotion and body lotion.

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Polyvinylpyrrolidone (PVP) is a water-soluble, amorphous and hygroscopic polymer, supplied as a clear aqueous solution or as a free-flowing powder. It is characterized by K-value and thus also referred as Povidone or Polyvidone. It has different grade products that are manufactured from the N-vinylpyrrolidone monomer and thus having wide application scope in various industries primarily due to its binding and adhesive agent properties. Their increasing use in electrical industry as a cotton defoliator has also enabled the market to anticipate significant growth by 2024. Few other uses such as food stabilizers, emulsifiers, metal quenchers and adhesives are also anticipated to boost the market demand over the next eight years.

North America and Europe are anticipated to report major growth over the next eight years owing to growing demand from end user industries including pharmaceutical and personal care, and rising awareness about the PVP advantages in healthcare applications. The US is likely to witness considerable growth in the market owing to the approval from the US Food and Drug Administration (FDA) for the application of PVP as a safe chemical in numerous medical drugs. Other countries including Germany, France, Italy, and the UK are projected to account for highest growth in the region due to increasing R&D endeavors by the companies to produce varied PVP products that aim to deliver improved product quality with excellent water soluble properties. The presence of numerous market players dedicated in researching and developing PVP products for companies such as Novartis, Pfizer, Roche, Merck & Co., Unilever, Procter & Gamble and Kimberly-Clark are also expected to bolster the PVP market demand over the forecast period.

Asia-Pacific is projected to witness the fastest growth over the forecast period due to increasing application & services from cosmetics, food & beverage and adhesive industries. India, China, Japan, and Singapore are expected to account for the major market share in the region primarily due to growing awareness and acceptance to use PVP products as a raw material in various applications and increasing foreign investment in the industry leading to innovations and technological advancements.

Key players in Polyvinylpyrrolidone (PVP) market include BASF, ZhangzhouHuafu Chemical Co. Ltd., Hangzhou Motto Science & Technology Co. Ltd., Shanghai Yuking Water Soluble Material Tech Co., Ltd, Sigma-Aldrich Co. LLC., Shanghai Qifuqing Material Technology Co., Ltd., Divnova Specialties Pvt. Ltd., JH Nanhang Life Sciences Co. Ltd., Sisco Research Laboratories Pvt. Ltd., N Shashikant & Co., Alfa Aesar, Huangshan Bonsun Pharmaceuticals Co., Ltd., Boai NKY Pharmaceuticals Ltd, Hangzhou Sunflower Technology Development Co. Ltd., Ashland, Nippon Shokubai, Balaji Amines, Jarchem Industries Inc. , Glidechem, Dai-ichi Kogyo Seiyaku , Dongying City, Huaang Chemical Industry Co., Ltd., Nippon Shokubai and Balaji Amines. BASF, in January 2015, plans to invest USD 64 million in the expansion of its PVP value chain over the next four years primarily owing to the expansion of PVP production capacity to 6000 metric tons.

ZhangzhouHuafu Chemical Co. Ltd., in December 2013, disclosed that it would be launching new Polyvinylpyrrolidone products focused in areas such as cosmetics, food and beverage, biological pharmaceuticals, and detergents mainly due to growing consumer demand for products with excellent properties such as bonding capacity, solubility, water moisture and others. JH Nanhang (JHNH), in October 2013, announced that it is partnering with specialty chemical distributor Azelis to propel sustainable business development by providing high-quality products and to supply large range of Polyvinylpyrrolidone products across Turkey, Europe, Morocco, and Algeria. The other players in the market through mergers & acquisitions, strategic expansions, and new products launches have been trying to cater large volume of customers with numerous pharmaceutical, personal care, cosmetic and adhesive products that help them in providing varied medical as well as hygiene-related solutions. The aforementioned efforts by the companies have enabled them to anticipate significant growth over the forecast period.

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