Gene Synthesis Market is supposed to grow with CAGR of around 17.4% during 2019-2026

Gene synthesis offers solutions in synthetic biology for creating artificial genes in vitro with the help of solid phase DNA synthesis. Global gene synthesis market is expected to rise with a CAGR of 17.4% during the forecast year 2019-2026. Significant decrease in the cost of gene synthesis has promoted the demand in drug development, research activities, therapies, diagnostics etc. and has thus fuelled immense growth in the market.

Advent of revolutionary technologies such as CRISPR cas9 have brought a paradigmatic shift in the market by lowering the cost of gene synthesis and sequencing. According to the National Human Genome Research Institute (NHGRI), cost per raw mega base of DNA sequences has decreased from over $10,000 in 2001 to less than $1000 as of year 2017. Moreover, cost per genome has been estimated to lower from about $100 million to below $1000 during 2001-2017 respectively. This revolutionary change has boosted the demand for gene sequencing and synthesis. Furthermore, increased adoption of gene synthesis in personalized medicine and surging number of start-ups has also helped to drive the growth of the market.

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Global gene synthesis market has been segmented based on products and services, applications, end user and method. Based on product and services, the market has been segmented into consumables, software and services. Furthermore, end users in the market cover academic and research institutes, biopharmaceutical companies, contract research organizations, etc.  Biopharmaceutical companies dominate the market when it comes to end users owing to the rising demand of gene synthesis in drug discovery and development. Taking into consideration the methods, the market has been segmented into solid phase synthesis, chip-based DNA synthesis, PCR-based enzyme synthesis, microchip-based oligonucleotide synthesis.

Regional segmentation of the gene synthesis market includes North America, Europe, Asia Pacific and the rest of the world. North America dominates the market due to risen utilization of gene synthesis in the development of personalized medicine. For instance, as per the personalized medicine coalition, as of a 2018 survey, one in every four drugs is approved in the US by US Food and Drug Administration accounts for personalized medicine. Asia Pacific is expected to show rapid growth owing to the extensive genomics research and increasing number of gene synthesis based start-ups in the developing countries such as India, China and South Korea.

Major players across the market include Merck KGaA, Eurofins Genomics, Genscript Biotech Corp., Thermo Fisher Scientific Inc. (GeneArt), ATUM (DNA2.0 Inc.) and others. These companies are using various strategies such as collaboration, partnership, merger & acquisition, technology transfer and product launch. For instance, on 8th April 2019, Genscript Biotech Corp. a prime gene synthesis provider announced the launch of a public beta testing program for their precision mutant library services that is expected to be applied in industrial, chemical, drug development and synthetic biology. The service offers to determine the distribution of each codon resulting in a diverse library by utilizing advanced semiconductor-based oligonucleotide synthesis technology.

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Emergency Telemedicine Services Market is supposed to grow with CAGR of around 19% during 2019-2026

Emergency telemedicine services involves the delivery of medical services in emergency to a remote location with the help of advanced telecommunication technology. Global emergency telemedicine services market is expected to rise with a CAGR of 19.0% during the forecast year 2019-2026.

Surging demand for low cost of healthcare is promoting growth in the emergency telemedicine services market. The healthcare industry is rising at a good pace owing to services and increasing cost of healthcare services among public and private players. This has been a major issue for the governments across the globe and has raised the demand for low cost services in the industry. According to the Institute for Health Metrics and Evaluation, global expenditure on healthcare is expected to rise to $18.28 trillion worldwide by 2040. In addition, high-income countries, including U.S., Canada, Australia, are expected to spend $9,019 per person on health by 2040, as compared to the projected $1,935 for upper-middle income countries includes Argentina, Brazil, Mexico, $507 in lower-middle income countries includes India, Philippines, Indonesia and $164 in low-income countries include Sub-Saharan Africa, Afghanistan, Cambodia, Nepal.

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Global emergency telemedicine services market has been segmented on the basis of type, application and end user. On the basis of type the market has been segmented into Tele-education, Tele-consultation, Tele-monitoring, Tele-training Tele-care and Tele-surgery. Further on the basis of application the market has been segmented into Cardiology Dermatology, Emergency care, Neurology, Orthopaedics, Gynaecology, Internal medicine, others. Emergency care dominates the market of emergency telemedicine services owing to increasing adoption of real time monitoring treatments in the sector. Real-time monitoring devices such as health monitoring indicators offers tracking of real-time health data and assistance to a patient in remote locations and are of immense importance to the emergency healthcare providers. On the basis of end user, the market has been segmented into ambulatory care setting ,clinics, hospitals, and others.

Regional segmentation of the emergency telemedicine services market includes North America, Europe, Asia Pacific and rest of the world. North America dominates the emergency telemedicine services market owing to government initiatives and reimbursements programs in countries such as US and Canada and rising number of trauma cases. According to the American Speech Language Hearing Association, about 1.7 million trauma brain injury occurs in US every year that has raised a concern for timely treatment. Further, Asia Pacific market is expected to show lucrative growth opportunities in the forecast period.

Major players across the market includes Teladoc, Honeywell HomMed, American Well, Medtronic Care Management Services, Koninklijke Philips, Siemens Healthcare, Abbott and others. These companies are using various strategies such as collaboration, merger & acquisition, partnership, technology transfer and product launch. For instance, on 18 October 2017 Medtronic Care Management Services announced to partner with US based telemedicine technology and services vendor American Well in order to develop a complete telehealth system that is focused towards unique requirements in chronic, complex and co-morbid population of patients. The companies will collectively offer patients an access to telemedicine services of American Well’s on video enabled platform of Medtronic Care Management Services. The partnership will also allow bidirectional flow of information between two companies.

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Behavioural/Mental Health Software (BMHS) Market is supposed to grow with CAGR of around 15% during 2019-2026

Behavioral health refers to ways of promoting well-being by intervening or preventing mental illnesses such as anxiety or depression. It also aims to intervene or prevent in substance abuse or other addictions. The global behavioral/ mental health software market is expected to have a CAGR of about 15% during the forecast period 2019-2026. Factors driving the market growth are high government funding, growing electronic health records adoption in hospitals and high demand for mental health services. Behavioral health care providers can integrate and make use of the client portal which allows them to add primary care doctors and send them data directly.

The growing government funding and initiatives across the world dedicated to providing metal and behavioral health services are anticipated to drive the market of behavioral/mental health software in the forecast period. As per the Mental Health America Organization, the federal government is a major funding stream for mental health services. In addition to this, funding in mental health services that fall under Medicare and the Department of Veterans Affairs (VA) matches CHIP (Children’s Health Insurance Program) and state Medicaid and spending varies from 50% to 70%, depending on the state. Moreover, in Australia, there is high funding by the government for mental health services. The Council of Australian Governments (CoAG) has allocated around $115 million funding in 2017. Furthermore, during 2014-2015, mental health had received around 5.25% of the health budget that accounts around 12% of the total burden of disease. The Government of United States also offers Mental Health Block Grants (MHBG) to support states for the development of their community mental health services. Also, the government agencies such as the Substance Abuse and Mental Health Services Administration (SAMHSA) (United States), National Institute of Mental Health (NIMH) (united States), administer grants and lead research for creating awareness regarding mental and behavioral health.

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North America accounted for the largest market share in terms of revenue for the behavioral/mental health software market in 2016 followed by Europe. North America is expected to dominate the market during the forecast period. The dominance of North America is witnessed due to factors such as government funding for expanding behavioral health services and growing behavioral health reforms across the region. Also, Europe is expected to be the fastest growing region for behavioral/mental health software market during the forecast period due to government initiatives to raise awareness about mental disorders, high prevalence of mental disorders and enhanced accessibility of behavioral healthcare in this region is expected to contribute towards the highest growth rate in Europe during the forecast period.

Global behavioral/mental health software market report covers segmentation analysis of component, delivery model, functionality and end user industries. The report further covers segments of component that includes support services and software. Delivery model in behavioral/mental health software include subscription model and ownership models. Subscription models are accounted for the largest market share in terms of revenue in 2016 and are expected to dominate the market during the forecast period. The dominance of subscription model is witnessed due to its advantages such as interoperability, cost-effectiveness and flexibility. Functionality in behavioral/mental health software is divided into clinical functionality, administrative functionality and financial functionality. Clinical functionality accounted for the largest market share in terms of revenue in 2016 and it is expected to dominate the market during the forecast period. Its dominance is witnessed due to raising government initiatives for the adoption of software by clinicians in order to provide quality care for their patients at reduced costs. End user in behavioral/mental health software is divided as provider, payer and patients.  Patients segment is expected to be the fastest growing segment during the forecast period. Highest growth rate is observed due to the growing number of patients who use behavioral health solutions in their offices or homes for better self-care and this is one of the important factors which is driving the growth of the patient’s market segment.

The major market players of the global behavioral/mental health software market are: Advancedmd, Nextgen Healthcare, Kareo, Mindlinc And Others. These companies use various strategies such as merger & acquisition, collaboration, partnership and product launch whereas, partnership is the key strategy adopted by the companies in the global behavioral/mental health software market. For example: In 2015, NextGen Healthcare Information Systems had launched behavioral health software named Behavioral Health Information Network of Arizona (BHINAZ) in Arizona which is the first statewide behavioral health information exchange (HIE) in Arizona.

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Aluminium Composite Panels Market is supposed to grow with CAGR of around 7.1% during 2019-2026

ACPs are extensively used for building facades or external cladding of buildings, signage and  insulation. The global aluminum composite panels market is expected to grow at a CAGR of about 7.1% during forecast period 2019-2026. ACPs are recently been adopted as a backing material for mounting of fine art photography, with the use of acrylic finish by utilizing processes such as face-mounting and Diasec techniques. Growing demand from end-use industries, increase in industrial and commercial construction activities coupled with abundant availability of aluminum are some of the driving factors for the market growth. As per World Aluminum, the global primary aluminum production in 2016 was recorded to be 59,890 thousand metric tons that further hiked up to 63,404 thousand metric tons in 2017. However, the market growth is restricted by high prices of raw materials.

The growing automotive production globally is expected to drive market growth. According to The Organization International des Constructers automobiles (OICA), the total production of motor vehicles across the world was around 94.9 million (passenger cars and commercial vehicles) vehicles in 2016 which increased from 90.7 million vehicles in 2015. Moreover, the huge growth in the automotive sector across South Asian nations such as India, China, etc. creates a huge demand of aluminum composite panels. According to Transport Bureau of Statistics India, China, Japan, South Korea cumulatively have over 50% market share in terms of production of vehicles. According to the Indian Brand Equity Foundation, the production of automobiles has been increased to a CAGR of 9.4% during the time-period 2006-2016. The passenger vehicle had recorded a fastest growth with a CAGR of 10.09% during the period (2006-2016).

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Global aluminum composite panels market report covers segmentation analysis of product and application. Report further covers segments of product type in aluminum composite panels that includes PVDF aluminum composite panels, polyester aluminum composite panels, laminating coating aluminum composite panels, oxide film aluminum composite panels and other aluminum composite panels. PVDF aluminum composite panels accounted for the largest market share in terms of revenue in 2017 and it is expected to dominate the market during forecast period. Its dominance is witnessed due to wide range of applications in the advertisement board and automotive applications. This can be due the factors such as operational and superior properties and that is provided by the product. PVDF panels provides wear & tear and UV resistance, resistance to corrosion, water, and is also cost-effective. Application segment in aluminum composite panels is divided into construction, automotive, railways, advertisement board and others. Automotive segment is expected to be the fastest growing segment during the forecast period. Highest growth rate is witnessed due to rising growth over the past few years, mainly in terms of high demand, funding and production in emerging economies such as India, China, Russia, Brazil and South Korea. Moreover, the rising population, urbanization and disposable incomes of consumers also positively impacted the demand for vehicles in forecasted years across the world.

Asia Pacific accounted for the largest market share in terms of revenue for global aluminum composite panels market in 2017 followed by North America and Europe. Asia Pacific is expected to dominate the market during forecast period. The dominance of Asia Pacific is witnessed due to the growth in construction industry in this region which is anticipated to particularly in emerging economies such as China, India, Indonesia and Vietnam among other South-East Asian countries.  Moreover, Asia Pacific is the fastest growing segment in the forecast period due to growth in construction and automotive industry in this region. As per International Organization of Motor Vehicle Manufacturers (OICA), the total motor vehicle production in Asia Oceana was recorded to be 51.8 million in 2016 that further increased to 53.5 million in 2017. Hence, the increasing automotive industry tend to create promising adoption base for ACP thereby driving the Asia Pacific market.

The major market players of the global aluminum composite panels market are: Alcoa Inc. (United States), American Building Technology Inc. (United States), Mitsubishi Plastics, Inc. (Japan), Constellium (Netherlands) and Others. These companies use various strategies such as merger & acquisition, collaboration, partnership and product launch whereas, expansion and product launch are the key strategies adopted by the companies for escalating their revenues. Following are some of the initiatives witnessed in the market. For instance; in September 2018 Constellium N.V. (Netherlands) has announced to expand its aluminum structural components operations in Germany. This will include the set up of a new production plant that will be determined towards manufacturing of aluminum components dedicated for premium sports cars. With this strategic move, Constellium N.V. would look to increase its market share in the global ACP market.

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Ultrasound Image Analysis Software Market is supposed to grow with CAGR of around 9.1% during 2019-2026

The ultrasound image analysis software market is estimated to grow with a CAGR of around 9.1% during the forecast period 2019-2026. Rising prevalence of chronic diseases, technological advancements are some of the major factors that boost growth in the global market. High prevalence of chronic diseases such as cancer and diabetes is one of the major factors that contributes towards the growth of global market. According to American Society of Clinical Oncology (ASCO), the global cancer burden is expected to account for 13 million deaths per year by 2030.

Similarly, according to International Diabetes Federation (IDF), 425 million individuals across the world have diabetes and this number is expected to rise to 629 million by 2045. Exhibition of a profitable growth rate by standalone systems during the forecast period is expected. The rapid growth can be positively attributed to associated benefits that include easy accessibility, data sharing, refined diagnostics and ability to monitor medical disorders Moreover, lack of skilled professionals and strict government regulation is restricting the growth of the global ultrasound image analysis software market.

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The global market was segmented on the basis of product, software type and application. Product segmentation includes Doppler imaging, 2D ultrasound imaging and 3D & 4D ultrasound imaging. Owing to increasing software deployment in this segment due to its enhanced functionality and refined interactive execution of the image processing task, 3D&4D ultrasound systems are anticipated to witness growth at an exponential rate. Software type segmentation further branches out into integrated software and standalone software. Application segmentation lists cardiology, dental, Nephrology and urology, obstetrics & gynecology, oncology, orthopedic, radiology and others. Segmentation based on geography maps four main zones- United States, EU, Japan, China, India, and Southeast Asia.

Cardiology is the largest application in terms of revenue. This large share is mainly driven by high and frequent deployment of imaging analysis platforms in cardiology due to their ability to detect blockages in arteries thus allowing surgeons to place stents precisely.

Globally North America holds the largest market share in terms of revenue in this market. Its large share is mainly due to greater prevalence of chronic diseases such as cancer and cardiovascular disorders in United States and Canada. Owing to local presence of established pharmaceutical companies that are dedicated to widespread commercialization of their product offerings, North America held a dominant share in the global ultrasound image analysis software market in 2015. Moreover, Asia Pacific is expected to grow with the highest CAGR during the chosen forecast period. The growth is mainly driven by rising adoption of advanced medical imaging analysis platform due to increasing demand for advanced healthcare infrastructure and rising medical tourism along with rising prevalence of chronic diseases.

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Some of the leading market players in global ultrasound image analysis software market are: GE Healthcare, Phillips Healthcare, Esaote SpA, Siemens Healthcare, IBM, etc. All these companies adopt various strategies such as collaboration, partnership, product development etc. In order to gain competitive advantage, we see key participants having employed sustainability strategies. For instance, in May 2015, GE Healthcare worked with OneMedNet Corporation to exercise and expand medical image sharing solutions such as web-based sharing.

Throat Lozenges Market is supposed to grow with CAGR of around 4% during 2019-2026

Throat lozenges are medicated tablets that are used for temporary treatment of sour throat, cough and others. The tablets are intended to slowly dissolve in mouth to soothe and lubricate irritated tissues of the throat and to stop coughs. The throat lozenges are available for sale through over the counter sales and generally may be dispensed without a prescription. The global market for throat lozenges is expected to witness a substantial growth growing with a CAGR of over 4% over the forecast period of 2019-2026. Cold and cough are among the most common diseases, an adult approximately 2 to 4 times is effected by cold in a year as per National Prescribing Service (NPS, Australia). High incidences of cold and cough, growing geriatric population along with growing air population act as key drivers for the growth of the market.

The report on the global throat lozenges market covers segmentation analysis of ingredients and type. Based on the type the global market for Throat lozenges has been sub segmented into hard candy lozenges, soft lozenges and compressed lozenges. Hard candy lozenges hold the largest revenue share in the type segment. Ease of storage and transportation and wider availability of hard candy lozenges are the key factors for dominance of hard candy lozenges. Further availability of hardy candy in different ingredients has also lead the way for its greater acceptance in the market. Based on the ingredients the global market of throat lozenges has been sub-segmented into mint, peppermint oil, menthol, eucalyptus oil, honey and ginger, lemon and others. The menthol segment is set to dominate the ingredients. Moreover honey and ginger is expected to grow at the highest CAGR on the account of growing acceptance of natural ingredients by the consumers.

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Geographically, Europe commanded the largest market share in terms of revenue for the Throat lozenges market followed by North America and Asia Pacific 2017. High level of consumer awareness towards healthcare and medication, high prevalence of cold and cough due to cold atmosphere in the European Region and high healthcare expenditure are the primary factors driving the throat European throat lozenges market. Asia Pacific throat lozenges market is expected to grow at the highest rate primarily driven by rising geriatric population coupled with the demand of improved healthcare and medication backed up by increasing healthcare expenditure.

The global Throat lozenges market is a highly saturated market with presence of number of global as well as regional players. The key players in the market are Reckitt Benckiser Group plc (UK), Procter & Gamble (P&G, USA), Bliss GVS Pharma Ltd (India), Pfizer Inc. (US), GlaxoSmithKline (UK) and others. The companies in the market are adopting various strategies such as, collaboration, partnership, product launch, merger and acquisition. Whereas, acquisition is the key strategy adopted by companies in global throat lozenges market.

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Silicone Structural Glazing Market is supposed to grow with CAGR of around 8.5% during 2019-2026

Silicone structural glazing is a method which is used to join and bond a glass and metal panels to the structure with the use of metallic sub frame and some specific silicones eliminating the need for mechanical fixation. Silicone structural glazing also leads to flexible connection that can absorb differential movements in between dissimilar materials from thermal, wind or seismic loading. The global silicone structural glazing market is expected to have a CAGR of about 8.5% during the forecast period 2019-2026. The silicone structural glazing is considered as one of the best techniques in construction that has been reviewed by EOTA (European Organization for Technical Assessment) regarding the six essential requirements of the construction directive that comprise stability & mechanical resistance, fire safety, usage safety, hygiene & environment, protection against noise and heat retention & energy economy.

Silicone structural glazing market is majorly driven by the technological advancement in the forecast period. For instance, the engineered trapezoidal silicone joints can be used in the typical curtain wall assembly. Also, silicone has the capability to get stick to the cavity which helps in the rotation of glass at the perimeter seal and movement at the edge of silicone joint. The advanced engineering evaluation with hyperplastic material gives rise to improvement in structural silicone glazing (SSG) design at the curtain wall systems.

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Asia Pacific accounted for the largest market share in terms of revenue for the silicone structural glazing market in 2016 followed by North America and Europe. Asia Pacific is expected to dominate the market during the forecast period. The dominance of Asia Pacific is witnessed due to factors such as growing market of silicone structural glazing in developed countries. Moreover, the markets in developing countries such as India and China are anticipated to grow with the highest CAGR in the forecast period. The Asia Pacific market is projected to grow at the highest CAGR as compared to other region-level markets, due to increasing use of silicone structural glazing in various end-users such as public, commercial and residential buildings. China is expected to be the dominating country in Asia Pacific region for the silicone structural glazing market. The factors such as growth of the construction industry along with the high requirement for green buildings has contributed to the increase in demand for silicone structural glazing in the Asia Pacific region.

Global silicone structural glazing market report covers segmentation analysis of type, material and end user industries. Material types in silicone structural glazing segment are divided as glass panels, aluminum structural framing, silicone sealants and EPDM. Type segment is further segmented into Four-sided structural glazing, Two-sided structural glazing, Stepped glass glazing, U-shaped glazing, Total vision systems glazing and others. 4-sided structural glazing segment accounted for the largest market share in terms of revenue in 2017 and is expected to dominate the market during the forecast period. The dominance of 4-sided structural glazing is witnessed due to its superior properties such as water and wind resistance, durability, energy-efficiency, easy maintenance and weather-proof properties of silicone structural glazing. Also, end users are divided as public and residential, commercial, commercial segment accounted for the largest market share in terms of revenue in 2016 and is expected to dominate the market during the forecast period. Also, commercial segment is expected to be the fastest growing segment during the forecast period due to increasing demand for glass facade system along with the growing need for green buildings.

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The major market players of the global silicone structural glazing market are: Nippon Sheet Glass Co. Ltd., The Dow Chemical Company, Arkema SA, Schott AG, Sika AG and Others. These companies use various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, partnership is the key strategy adopted by the companies in the global silicone structural glazing market. For example: In 2016, Dow Corning, a silicon-based technology company, had introduced glasstec 2016 that is two new high-performance additions to its family of crystal-clear bonding products. The new advanced Dow Corning product, TSSL can be used for various applications including that of interior glazing on a glass staircase. The second product, Dow Corning 2400 Silicone Assembly Sealant (advanced edge material) which is used to provide invisible bonding for crystal clear applications. This is expected to increase the dominance of the company by further strengthening its product portfolio.

Once Through Steam Generators (OTSGs) Market is supposed to grow with CAGR of around 4% during 2019-2026

Once Through Steam Generators (OTSGs) are a specialized type of Heat Recovery Steam Generators (HRSGs) barring for the actual process of generation of steam in their evaporator unit. It offers a high degree of flexibility as the sections are permitted to grow or contract based on the heat load expected from the gas turbine. The global OTSGs market is anticipated to grow at a CAGR of around 4% during the forecast period 2019-2026. The major driving factors in the market are growing adoption of CHP and Ccpps, rising global electricity demand and demand for enhanced energy efficiency in power plants. In addition, initiatives to reduce global greenhouse gas emissions and investments in CHP and Ccpp plants are acting as major growth opportunities for the global market.

A significant factor driving the growth of the market is the demand for enhanced energy efficiency in power plants. Energy efficiency is one of the important factors that is expected to lead to a reduction in the usage of coal and is anticipated to drive the demand for the other sources such as thermal and nuclear energy to meet the power generation capacity. Higher energy efficiencies can be achieved by producing higher outputs with the same resources and prevent any additional emissions for power generation. Furthermore, the once through steam generator has the advantages of quick steam generation, small area occupancy, high thermal efficiency, and energy saving.

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Based on segmentation, the global market is segmented into type and application. The type segment is further segmented into 0-60 MW, 60-100 MW and 100 MW & above. Application segment is segmented into Co-generation (Process Heating), Combined Cycle and Combined Heat & Power (CHP).

Based on geography, the global OTSG market is segmented into North America, Europe, Asia pacific and ROW. Europe is expected to have the largest share in the market over the period of 2019-2026. This dominance in the market is attributed due to presence of highest number of CHP plants in this region. Moreover, Asia Pacific is anticipated to be the fastest growing region during the forecast period 2019-2026. The major factors boosting the growth in the region are industrialization, urbanization and fast economic growth demands. Enormous requirements for electric power in numerous countries such as India, China and others in the Asia-Pacific demands development of novel power plants, particularly gas-fired ones which would thus, upsurge the demand for Once Through Steam Generators.

Some of the major players of the market are Nooter Eriksen (United States), Wuxi Huaguang (China), Alstom Power (France), CMI Energy(United States), Doosan E&C (South Korea), NEM Energy (Netherlands), VOGT Power(United States), Mitsubishi(Japan), Babcock & Wilcox (United States), Foster Wheeler (United Kingdom), and others.

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Neurodiagnostics Market is supposed to grow with CAGR of around 7% during 2019-2026

The global Neurodiagnostics market is anticipated to grow with a CAGR of around 7% during the forecast period (2019-2026). The major factors driving the global market are rising geriatric population, increasing adoption of novel diagnostic technologies, increasing prevalence of neurological diseases. In addition, increasing Patient Base in developing Economies, innovative product development is acting as the key growth opportunities of the global market. Moreover, there has been increasing prevalence of neurological diseases such as Alzheimer’s disease, migraine, Parkinson’s, epilepsy, stroke, multiple sclerosis, neurodegeneration etc. which has led to increased adoption of Neurodiagnostic technologies for diagnosis and treatment of neurological diseases.

According to World Health Organization (WHO), approximately 6 million deaths occur due to stroke each year. Furthermore, as per WHO, epilepsy is a common neurological disease and approximately 50 million people (as in 2016) globally suffer from epilepsy and 2.4 million people are diagnosed with epilepsy each year. Moreover, as per WHO, Alzheimer’s disease has led to 7.7 million new cases of dementia every year. Further, according to the Reliant Medical Group Central Massachusetts Healthcare (United States), neurological disorders such as strokes, neuropathy, Alzheimer, etc. are highly prevalent among geriatric population (more than 65 years of age) as these diseases preferentially affect the central nervous system. According to the alliance for aging research, in 2017, there were around 64,000 novel incidences of Alzheimer’s in Americans ages 65 – 74, and 243,000 new cases in those 85+ age and around 173,000 new cases for 75-84. Every 70 seconds, someone in the U.S. develops Alzheimer’s disease. 16% of women age 71 and older have Alzheimer’s disease or other dementias compared with 11% of men.

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Based on segmentation, the global market is segmented into Neurodiagnostic technologies market. the technologies segment is further sub segmented into In-Vitro Diagnostics, Neuroimaging and Neuroinformatic. Further, Neuroimaging is further divided into Magnetic Resonance Imaging, Computed Tomography, Near Infrared Spectroscopic Imaging, Nuclear Medicine Imaging, Electroencephalography, Voxel-based Morphometry and Magnetoencephalography.

Based on geography, based on geography, the global Neurodiagnostic market is segmented into North America, Europe, Asia pacific, and Row. North America is expected to have the largest share of the market over the period of 2019-2026. The North America Neurodiagnostic market is mainly driven owing to the increasing geriatric population considering escalating cases of Alzheimer’s and Parkinson’s disease which occurs most in the old aged individuals along with investments made by the government institutions in research & development activities for Alzheimer’s diseases. According to Alzheimer’s Association, an estimated of 5.7 millions of United States population combining all the age groups is living with Alzheimer’s dementia in the year 2018. Moreover, Asia pacific is anticipated to be the fastest growing region during the forecast period (2019-2026). Government’s influence to the healthcare sector and rising number neuro-specialty clinics in numerous hospitals are the major factor boosting the market growth.

Some of the major players of the market are Alpha Omega Ltd. (Germany), Agilent Technologies (United States), Bruker (United States), Fonar Corporation (United States), GE Healthcare (United States), Siemens Healthcare (Germany), Hitachi Medical Corporation (Japan), Hologic, Inc. (United States), Neusoft Medical Systems Co., Ltd. (United States), Roche Diagnostics (Switzerland) and Others. These companies use various strategies such as merger & acquisition, collaboration, partnership and product launch. For instance; For instance; in 2018, Brain Vision Solutions launched a high-density wireless EEG solution LiveAmp 64.

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Automated Testing Equipment Market is expected to expand at a CAGR of 3.7% during the forecast from 2018 to 2026

According to a new market research report published by Credence Research, “Automated Test Equipment Market (by Product Type (Memory, Non-memory, Discrete), by End-use Vertical (Industrial Manufacturing, Semiconductor & Electronics, Automotive, Defense & Aerospace, and Others), by Geography (North America, Europe, Asia Pacific, and Rest of the World)) – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global automated Test equipment market was valued at US$ 3,826.7 Mn in 2017 and is expected to expand at a CAGR of 3.7% during the forecast from 2018 to 2026.

The complete report is available at https://www.credenceresearch.com/report/automated-test-equipment-market

Market Insight

Automated Test Equipment (ATE) is an apparatus used to perform tests on device under test (DUT) using automation. Conducting tests using these automated units help manufacturers take measurements, limit faults/errors, and evaluate test results quicker as compared to the manual test methodology. In view of growing competition and consequent need to achieve economies of scale, deliver quality products, and meet the increasing consumption demand, manufacturers across the globe are embracing automation. Thus, demand for automated Test equipment across industry verticals including semiconductors & electronics, automotive, industrial manufacturing, aerospace, and defense has surged over the last few years.

For instance, with the automobile industry working towards realizing the goal of traffic electrification and nationwide charging networks, the vision of networked, autonomous driving with hybrid or electric drive systems is expected to become reality in the coming years. Subsequently, to reduce inefficiencies and errors in cost intensive and time consuming development process of new electric drives, demand for reliable and accurate electric drive automated test equipment is expected to surge during the   forecast period from 2018 to 2026.

Automated Test Equipment Market

In terms of product type, the value contribution from the non-memory ATE segment was highest in 2017. The segment accounted for almost three-fourth of the global market value in the same year. The trend shall prolong and the segment is estimated to register strong growth, retaining its leading position throughout the forecast period from 2018 to 2026. The growth in this segment can be largely credited to the swelling number of microcontroller-based applications and steadily growing automotive production worldwide. Some of the leading manufacturers profiled in the research study include Virginia Panel Corporation, Xcerra Corporation, Mac Panel Company, National Instruments, Spea S.P.A, Star Technologies, Advantest Corporation, Roos Instruments, Inc., Aeroflex, Inc., Astronics Corporation, and Chroma Ate, Inc. among others.