Aminoglycoside Market Size, Share, Analysis, Forecasts, 2015 – 2022

Aminoglycosides are antibacterial therapeutic agents that contain amino-modified glucose. They can kill bacteria like staphylococci and few mycobacteria. They also serve as a second line of defense against basic infections immune to basic antibacterials. Rising tuberculosis incidences in low-income countries will spur the demand for these agents.

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Health initiatives like UNITAID and Global Drug Facility (GDF) that manage alarming tuberculosis cases would influence the aminoglycoside market. Side effects (like muscle twitching and seizures) associated with this product can hinder the market.

The market was valued over USD 1.1 billion in 2014. It is projected to reach around USD 1.7 billion by 2022, at 3.5% CAGR during the forecast period (2015 to 2022). Disapproval of aminoglycoside medicines in certain regions should result in subordinate growth.

Streptomycin, kanamycin, neomycin, gentamicin, amikacin, and tobramycin are the products in the aminoglycoside market. Neomycin and tobramycin together constituted over USD 600 million. These drugs can treat major bacterial infections. Neomycin treats varied skin infections. Tobramycin is effective against Pseudomonas aeruginosa infections.

By administration routes, the market is divided into oral, feed, topical, intra-mammary, and injectables (parenteral). Among these, injectables accounted for the largest revenue. They treat tuberculosis, MDR-TB (multi-drug-resistant tuberculosis), and XDR-TB (extensively drug-resistant tuberculosis).

On the basis of applications, the aminoglycoside market is segmented into veterinary, skin infections, UTI (urinary tract infections) & pelvic diseases, and respiratory diseases. Respiratory diseases were the largest application in 2014. Veterinary treatment will experience limited growth over the forecast period on account of animal diseases.

In view of regions, Asia Pacific accounted for the largest share in 2014. This was attributed to alarming MDR-TB cases in the region. South Africa led the MEA (Middle East & Africa) market due to high regional demand for injectables. Unavailability of aminoglycosides in the United States will lead to decreased regional incomes.

Antibiotic resistance variations in different countries account for varied patterns, volumes, and revenues. Key players of the worldwide aminoglycoside market comprise Medson Pharmaceuticals, Vega Pharma Ltd., HuvePharma, and Kremoint Pharma Pvt. Ltd. Owing to shortage in the suppliers & manufacturers of some aminoglycoside medicines, new players are estimated to participate. However, absence of regulatory sanction could hinder their participation.

Aminoglycoside Market

Information Source: Grand View Research

Autoimmune Disease Diagnostics Market Size, Share, Analysis, Forecasts, 2014 – 2020

Autoimmune diseases occur when antibodies (that protect humans from foreign substances &   infections) attack their own tissues & cells. This is seen more commonly in women than men. Autoimmune disease diagnostics are procedures designed for diagnosing the stage & kind of autoimmune diseases.

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The autoimmune disease diagnostics market is anticipated at about USD 14.2 billion by 2020. Slow turnaround of standard procedures has coerced companies to rely on automation for faster results. Public awareness regarding these procedures expects to increase product usage during 2014 to 2020 (forecast period). Novel biomarkers and portable point-of-care diagnostic equipment will spur procedure volumes.

Products of the autoimmune disease diagnostics market are systemic and localized. Localized diagnostics led the market in 2013 on account of high patient awareness and large procedure volumes. Unmet patient needs for multiple sclerosis & type 1 diabetes would drive this segment over the forecast period. Systemic will remain lucrative in the same period.

These diagnostics are used to detect major disorders like systemic lupus erythematosus (SLE), rheumatoid arthritis, and ankylosing spondylitis. Large volumes of diagnostic tests and new drugs like Avise SLE marker are the key drivers of this segment. Rheumatoid arthritis is the fastest growing sub-segment of systemic diagnostics. It could grow at more than 4% CAGR in the coming six years.

The autoimmune disease diagnostics market is split by regions into North America, Europe, Asia Pacific, and RoW (Rest of the World). North America was the largest market in 2013. It occupied 40% shares the same year. This was attributed to multiple autoimmune diseases and sophisticated healthcare infrastructure in the region. Initiatives like the Affordable Care Act to curb the expenditures of these diseases will also favor North America.

Europe was the second largest market due to governmental funding for curbing these diseases. Asia Pacific should experience significant growth in the future. The improving Indian and Chinese markets are estimated to provide regional opportunities. Development of advanced tests for detecting IgG (Immunoglobulin G) & IgA (Immunoglobulin A) antibodies is a strategy used by market companies to gain shares.

Prominent companies of the global autoimmune disease diagnostics market comprise Roche Diagnostics, Abbott Laboratories, Siemens Healthcare, Bio-Rad Laboratories Inc., and Quest Diagnostics.

Autoimmune Disease Diagnostics Market

Information Source: Grand View Research

Connected car market Size, Share, Analysis, Forecasts, 2015 – 2022

The worldwide connected car market size was valued over USD 24 billion and is projected to grow at a CAGR of over 28% over the coming years. Rising disposable income and technological proliferation across several regions are likely to boost worldwide industry over the coming years. Over the past few years; there have been considerable advances in telecommunication technology in the market.

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Driver assistance contains number of advanced technologies that assist in improving the actual performance of the vehicle. Systems such as cruise control and parking assists steer the vehicle autonomously and are being introduced across all car segments. Furthermore, these systems also ensure driver convenience and comfort.

Mobility management includes systems that enable drivers to arrive at their destination at a reasonable cost and least possible time. A safety technology comprises external danger warnings for driver s about road conditions and severe weather .Furthermore, they also warn about emergency functions and internal autonomous collision protection. The safety systems segment contributed over 35% of the market share in 2014 and is anticipated to undergo high growth further. Rising government and transport authorities mandates worldwide is the major factor augmenting the overall industry growth.

Auto manufacturers are increasingly installing features like Wi-Fi hot spots, Internet and social media access, advanced mobile office platforms and Smartphone interfaces. Furthermore, vehicle management systems perform several functions that enable automobile to increase easiness of use & maintenance and also reduces running costs.

Connected car market in North America dominates the industry mainly due to existence of key automobile manufacturers in the region. Entry of technological giants such as Apple Inc and Google Inc into autonomous and connected car segment has induced automobile manufactures to develop cultural changes and innovative capabilities.

Connected car market in Asia Pacific contributed over 23% of the worldwide and is anticipated to grow at a CAGR over 29% during 2015 to 2022.Declining average selling price and deployment of high speed internet services in the region is projected to push smart vehicles sales in the region. Also, rising Smartphone penetration will impact the industry growth positively. Ford Motor, NXP Semiconductors N.V, Alcatel Lucent, Audi AG, General Motors Company and Apple Inc.

Connected car market

Information Source: Grand View Research


Data center cooling market Size, Share, Analysis, Forecasts, 2015 – 2022

Data center cooling market contributed over USD 2 billion and is anticipated to cross over USD 5 billion by 2022. Worldwide augmentation in several data intensive organizations is increasing data center cooling market demand globally. Furthermore, expansion in IT sector has led to innovative technologies  along with increasing number of projects shifting to cloud computing, which will drive the market demand further.  Also, requirement to attain energy efficiency is expected to fuel the industry growth. Rising prices of electricity in several countries like U.K, U.S and India is also projected to drive the market demand to gain cost efficiency.

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Strict regulations in European region are expected to boost industry growth in the region over the coming years. The requirement for proficient cooling is of paramount importance to ensure improved server operation and eradicate system downtime.  Moreover, augment in number of enterprises coupled with high data volumes shifting towards cloud computing is estimated to boost the overall industry over the coming years. Escalating energy cooling systems that are technological advanced are experiencing high demand primarily due to traditional systems that sustain high operational cost owing to improved power expenditure.

IT& Telecom is anticipated to contribute significantly towards the industry share over the coming years. Also, rising number of external IT infrastructures service providers who administer business critical applications and information is expected to augment the demand.  Furthermore, Smartphone proliferation with the proliferation of BYOD phenomenon has also impacted the overall IT industry.

Precision air conditioners are likely to go through substantial growth over the coming years. Organizations nowadays face various challenges concerning high-set up cost linked with cooling solutions due to which precision air conditioners are favored as they are extremely cost efficient. The data center cooling market in APAC is anticipated to grow rapidly across all the regions .China is the leading market for data center and is estimated to grow at rapid rate of 17% further. Furthermore, Asian data centers are outsourced to collocation hosted service and approximately 64% of them are managed in-house. Key firms operating in the industry are CSF Malaysia, equinox, digital reality and global switch. Although, the key challenge confronted by data center cooling market is the high electricity consumption and set up cost associated to cooling systems. Moreover, the service providers are offering greener cooling solutions to make firms more energy efficient.

Data center cooling market

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Colored Polyurethane (PU) Foams Market Size, Share, Analysis, Forecasts, 2015 – 2022

Polyurethane (PU) foams have low density and varied applications. They include polymers made up of molecular chains bound together by urethane links. In 2014, the colored polyurethane (PU) foams market volumes exceeded 4.5 million tons. They should increase to around 6.6 million tons by 2022. Market revenues are estimated to reach USD 20 billion in 2022.

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This growth would be brought about by demand for colored PU foams from the automotives industry. Colored PU foams are highly popular among automobile manufacturers as they reduce vehicular weight, rendering the vehicles fuel efficient. These foams are also incorporated with door skins, headliners, carpet backing, dashboard trims, etc. They offer insulation from noise, vibrations, and harshness during vehicular movement.

The construction industry is another important consumer of the colored polyurethane (PU) foams market. Its expansion, especially in Asia Pacific, also fuels the global market. The eco-friendly property of colored PU foams furthers the market too. However, volatile prices of petrochemical derivatives like methylene diphenyldiisocyanate and toluene diisocyanate could lower the profitability of these foams and restrict their growth. Vendors are developing bio raw materials to tackle these problems.

Products, applications, and regions are the three categories into which the market is segregated. Products are split into rigid and flexible. Flexible, with 59% of the total volumes, was the dominant segment in 2014. Rigid foams will grow at a CAGR of 4.9% from 2015 to 2022. They would be driven by the automotives industry.

Applications of the colored polyurethane (PU) foams market include furniture & interiors, electronic appliances, footwear, construction, automotives, packaging, and others. In 2014, furniture & interiors and construction accounted for 25% and 24% of the overall volumes respectively. Electronic appliances should experience the highest growth (5.7% CAGR) over the next seven years. Preference for efficient & sturdy appliances would contribute the same.

Regional segmentation comprises North America, Asia Pacific, Europe, and Rest of the World (RoW). North America contributed more than 35% of the total volumes in 2014. The robust regional automotives and electronic appliances industries spur North America. Europe stood second in 2014. Asia Pacific is anticipated to grow at the highest rate (CAGR of 5.1%) from 2015 to 2022. RoW will register strong expansion owing to its automobile and construction industries.

The global colored polyurethane (PU) foams market is hugely fragmented, with small, medium,   and large players vying for customers. Leading participants encompass BASF SE, Huntsman Corporation, Saint-Gobain Performance Plastics Corporation, and The Dow Chemical Company.

Colored Polyurethane (PU) Foams Market

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ATM market Size, Share, Analysis, Forecasts, 2015 – 2022

The worldwide ATM market was valued over USD 11 billion in 2014. Rising demand for automated systems in emerging countries is anticipated to impact the overall industry further. Furthermore, factors such as integration of wireless communication devices like smartphones, enhanced security standards and technological advancements are expected to boost the industry growth. This is mainly owing to integration that has led to fewer scams and has offered assorted service offerings in fiscal transactions.

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Different approaches of cash transactions and online cash transfers are anticipated to pose a challenge to the overall industry growth. Although, rising use of solar powered machinery has resulted into minimal operational cost. Introduction of smart and solar ATMs in emerging countries like Japan, China and India are expected to boost the growth opportunities in the region.

The global ATM market by solution can be fragmented into managed and deployment services. In 2014, ATM deployment solutions market contributed over 70% of the total share and is predictable to experience a steady growth further. This segment includes installed machines based on accessibility into worksite, onsite, mobile and offsite.

Mobile ATMs are anticipated to undergo significant growth with a CAGR over 13% during 2015 TO 2022. Moreover, these solutions reduce traffic at high-volume place such as sports events, social gathering and trade fair. Additionally, they also offer flexibility and enhance promotions& branding for institutions.

North America ATM market contributed over 35% of the total share in 2014.North America and Europe are expected to undergo sluggish growth rate due to saturation in the market.  Though, service providers in European region are adopting several solutions due to growing operational cost in the region.

Moreover, Asia Pacific, MEA are anticipated to show significant growth over the coming years. Requirement to serve enormous unbanked populations across regions like China and India as well as in emerging markets like Vietnam and Indonesia is anticipated to enhance the market demand .Furthermore; countries like Iran, Brazil, Russia and Nigeria are projected to experience sturdy demand for novel machines.

Middle-East and Africa is projected to go through remarkable growth mainly due to   government support and high consumer demand for electronic banking coupled with cash-based economy in the region.

ATM market

Information Source: Grand View Research



RFID Smart Cabinets Market Size, Share, Analysis, Forecasts, 2014 – 2020

The applications of radio frequency identification (RFID) in healthcare and pharmaceutical industries are assets tracking, inventory management, and supply chain management. Inventory management using RFID smart cabinets lowers the probability of misplacement or loss of medical supplies, drugs, and equipment. It also minimizes errors and enhances patient safety.

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Governments across the world have introduced regulations for the efficient management of medical inventories in healthcare. Medical institutions are drawn towards RFID technology due to resultant cost savings. RFID technology’s advantages for healthcare establishments include low infrastructural costs and fast-paced returns.

Elimination of redundancies and reduced interference are the other attractive features. Emerging economies like Brazil, China, and India are witnessing a surge in private healthcare setups. All   these factors will prove beneficial for the RFID smart cabinets market.

The market is likely to grow at a CAGR of 12% from 2014 to 2020 (forecast period). By 2020, it would reach around USD 785 billion. This growth will be aided by awareness about the benefits of RFID technology and its efficiency in medical organizations. Upcoming technologies like ‘Internet of Things’ and ‘Near Field Communications’ would facilitate these cabinets to be integrated with cloud computing.

However, lack of proven business models and resistance to changes may limit the RFID smart cabinets market. Development of solutions that offer compatibility across regions also challenges market expansion. The market is segregated according to regions. They include North America, Asia Pacific, Europe, and Latin America.

North America, with revenues worth USD 194 million, was the leader in 2013. Most of the regional demand originated from the U.S.  In fact, U.S. accounted for more than 79% of the total shares that year. Well-developed healthcare infrastructure and high RFID technology adoption are the main contributors of North America.

Europe grabbed the second spot, with U.K. and Germany generating majority of the demand. Germany accounted for about 30% of the overall incomes in 2013.The most lucrative RFID smart cabinets market is Asia Pacific. It is predicted to expand at a CAGR of 13% over the next six years. Implementation of the twelfth five-year plan in China opens new opportunities for the region.

However, India would remain the swiftest growing market in the forthcoming years. It will be propelled by patient awareness and favorable regulations. Key vendors in the global RFID smart cabinets market comprise Mobile Aspects Inc., Tagsys RFID Group, WaveMark Inc., and Mobile Aspects Inc.

RFID Smart Cabinets Market

Information Source: Grand View Research

Skin care devices market Size, Share, Analysis, Forecasts, 2014 – 2020

Human and animals have an outer covering known as skin. It has multiple functions and is the largest body organ of any human or animal. It protects from harmful microbes, touch, heat, and cold sensations. It also regulates the temperature of our body. Skin related disorders are at a rise which is giving popularity to skincare device market. In addition, it is also used in aesthetic dealing with beauty.

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Worldwide skin related disorder is estimated to raise the skincare device market. The major drive to the market is because of its highly advanced technologically designed devices, efficient and favoured owing to non-invasive process. Rising demand for aesthetics like tightening of skin, liposuction, body contouring, and rejuvenation of skin are the additional drive to the future market. The main hold back for the market growth is cost of equipments and competitive charging.

Increasing disorder related to skin such as skin cancer, dermatitis, psoriasis, and acne are going to raise the worldwide market. Skin abnormalities like moles, lesions, and warts are also the cause to drive the market growth along with “Medspas” and medical tourism. The market is segmented in types, applications, and regions.

The skincare device market as per type is divided into treatment devicse and diagnostics. LED therapy, microdermabrasion, electrosurgical, liposuction, and cryotherapy devices are the treatment devices. The diagnostic device is sub-divided into and image guidance system, dermatoscopes, and biopsy. The largest market share is held by the LED therapy owing to growing figure of skin treatment process for liposuction and removal of hair. However, the lasabrasion device is estimated to gain a record growth over the forecast period.

The global market for application is divided into skin tightening & body contouring, removal of hair, disease diagnosis & treatment, damage repair, skin rejuvenation, and cellulite reduction. Hair removal and skin tightening & body contouring hold the biggest market share owing to requirement of aesthetic procedures and light & laser related device.

North America holds the largest share because of technical advancement, high-income consumers, and advancement in various medical technological services. The highest rate of growth is in Asia Pacific due to rising disposable income. Moreover, many local manufacturers providing low-cost services along with good products are supporting the growing economics.

The major industries in the market include Syneron Medical Ltd, Lumenis Ltd., Cutera Inc., Photomedex Inc., Alma Lasers Ltd., Solta Medical Inc., Cynosure Inc., Palomar Medical Technologies, and Michelson Diagnostics Ltd. Technological advancement and rising number of consumers for skincare is the key opportunity for the growth of the industries.

Skincare devices market

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Specialty And High Performance Films Market Size, Share, Analysis, Forecasts, 2014 – 2020

The specialty and high performance films market is led by demand for high tensile and sturdy packaging materials. Demand across the industry of flexible packaging is a key market driver. These films are widely utilized as packaging materials for the construction, food & beverages, and interior decoration industries.

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Rising demand across end-users should steer market incomes during the forecast period. These films are also utilized in insulating semiconductors. These semiconductors are used in photovoltaic cells and electronics. Thus, robust growth in photovoltaic cells and electronics is also projected to boost the market in the coming five years.

Specialty and high performance films are manufactured from engineered plastic compounds and materials. Varying plastics costs could negatively affect market players in the future. Moreover, strict regulations regarding decreased plastics usage and ecological concerns are projected to hinder the specialty and high performance films market.

Advancements in recyclable plastic sheets and films would offer new avenues for players. The market is divided into end-users, applications, and regions. End-users comprise packaging, construction, electronics, consumer goods, food & beverages, and electricals. Packaging held the biggest share in 2013. It was followed by construction and electronics.

Demand for these films would be high across electricals and electronics in the forecast period. Applications of the specialty and high performance films market consist of safety, barrier, microporous, and decorative films. Barrier films were the biggest application in the last few years. Microporous and decorative films should experience huge expansion due to food processing and durable electronics lamination applications.

Expansion across the industry of interior decoration will further market incomes in the years ahead. Asia Pacific, Europe, North America, and rest of the world are the four market regions. Asia Pacific surfaced as the biggest market in 2013. Expanding end-users in this region are estimated to add revenues. Fast urbanization could also propel regional sales.

On the other hand, Europe and North America should grow slowly because of saturation in their consumer sectors. The worldwide specialty and high performance films market is reasonably segmented and has eminent participants. Some of these include Honeywell, Dow Chemicals, Bayers AG, DuPont, Sealed Air Corporation, and Eastman Chemicals.

Specialty And High Performance Films Market

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Tea Polyphenols Market Size, Share, Analysis, Forecasts, 2014 – 2020

Neurodegenerative diseases like Alzheimer’s and Parkinson’s have shifted the preference of consumers towards nutraceutical products. These products help prevent the symptoms of the aforementioned illnesses. Tea polyphenols are readily present in green tea, black tea, and oolong tea. Green tea contains catechins, tannins, and flavenols, meant to treat lifestyle diseases, like diabetes and its likes. Awareness regarding health benefits of tea polyphenols has been the prime driver of the tea polyphenols market.

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The market is projected to attain around USD 367.7 million by 2020. It has an expectant growth rate of 7.4% during 2013 to 2020 (forecast period). The market was worth USD 209.3 million in 2012. Its demand volumes should grow at 8.3% CAGR over the forecast period.

Market products comprise green tea, oolong tea, and black tea. All these are derived from the same plant, Camellia Sinensis. Among these, green tea was the most consumed product, accounting for over 72% of the overall volumes in 2012. It is also the fastest growing segment,   with an estimated 8.8% CAGR in the next seven years. Oolong tea captured more than 15% of the total volumes in 2012. Black tea should surpass USD 25 million by 2020, at 6.3% CAGR in the forecast period.

Applications of the tea polyphenols market include dietary supplements, functional foods & beverages, cosmetics, natural colors, etc. Functional beverages were the largest application in 2012 and occupied over 40% of the total demand. They would enjoy a growth rate of 8.6% till 2020. Functional foods were the second largest application in 2012, capturing more than 30% of the overall demand.

Asia Pacific was the largest tea polyphenols market (due to an aging population in Japan) in 2012. It enjoyed 40% volume share the same year. The region will remain the fastest growing market, with 9.2% CAGR in the coming seven years. North America emerged as the second largest market in 2012, accounting for 27% volumes, followed by Europe.

The worldwide tea polyphenols market is competitive and has several players. Additionally, unorganized regions in Asia Pacific will saturate the market. Some prominent players cover Amax NutraSource Inc., Naturex, FutureCeuticals, Layn Natural Ingredients Corp., and Martin Bauer Group.

Tea Polyphenols Market

Information Source: Grand View Research