Medical Specialty Bags Market is expanding at a CAGR of 5.4% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Medical Specialty Bags Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global medical specialty bags market was valued at US$ 6,560.1 Mn in 2017 expanding at a CAGR of 5.4% from 2018 to 2026.

Market Insights

Medical specialty bags are specially designed bags for medical conditions which include blood bags, ostomy bags, urine collection bags, bile collection bags, IV bags and others. Medical specialty bags prevent leakage of body fluids and play an important role in disease management and patients with disability. Growing aging population susceptible to chronic diseases is the major market driving factor. For instance, geriatric population are more prone to gastric and stoma complication requiring ostomy bags, CAPD bags for chronic kidney diseases, among others. Moreover, growing surgical procedures and hospitalization globally would boost the demand for medical specialty bags for different procedures and application. Product innovation and development is the key trend followed in the market. For instance, manufacturers are shifting focus from polyvinyl chloride (PVC) and opting for materials that are environment friendly in nature. Some of the non-PVC materials include latex, silicone, and polyethylene as these are cost-effective and pose minimum hazards. The rise in the uptake of online sales channel as a major distribution method, have increased the accessibility and availability of various medical specialty bags. Growing home healthcare coupled with online sales of medical specialty bags would act as the major growth driver during the forecast period.

In terms of product type, ostomy bags held the largest share in the global medical specialty bags market. Global rise in the prevalence of Crohn’s diseases, bowel cancers and other gastrointestinal conditions have resulted in the growing demand for ostomy bags. Growing focus on customer centric products by manufacturers and improving patient awareness are few of the driving factors for the growth this market. IV bags, urine collection bags, and blood bags are expected to show promising market growth during the forecast period owing to the surge in hospitalization, growing surgical procedures and rise in home healthcare facility. Inappropriate reimbursement schemes is one of the major restraining factor for the growth of this market.

North America held the dominant position in the global medical specialty bags market owing to growing incidence of chronic diseases in the region. According to American Cancer Society, Inc. estimation, there will be 97,220 cases of colon cancer and 43,030 cases of rectal cancer in the United States. Moreover, there will be estimated 1.7 million new cancer cases diagnosed in the region which boost the demand for medical specialty bags market in region. Asia Pacific is projected to soar high during the forecast period owing to growing healthcare infrastructure, hospitalization and medical care products. The emerging countries in the APAC region, such as China and India, offer a big opportunity for the leading players in this market as these countries contain a significantly large pateint pool of under-served patients. The prominent players actively engaged in the medical specialty bags market include B. Braun Melsungen, Baxter International, Coloplast A/S, ConvaTec, Inc., Hollister Incorporated, Fresenius Kabi, Terumo Corporation, Smith’s Medical among others. Being a consolidated market, product innovation, use of environment friendly materials is the major strategy undertaken by the players operating in the market.

Key Market Movements:

  • Rising prevalence of chronic diseases and growing geriatric population worldwide
  • Rising patient awareness and home healthcare boosting demand for medical specialty products
  • Growing surgical procedures globally to drive the market for medical specialty bags

Browse the full report Medical Specialty Bags Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  https://www.credenceresearch.com/report/medical-specialty-bags-market

Generator Control Units Market- Expected to cross US$ 850.0 Mn by 2026 at a CAGR of 4.75% throughout the forecast period from 2018 to 2026.

According to a new market report published by Credence Research Inc “Generator Control Units Market– Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2026,” increasing demand for power across worldwide, growing number of power outages, and rising volume of off-grid power consumption are expected to be some of the major growth drivers for the global generator sales market over the forecast period from 2018 to 2026. Numerous upcoming commercial and industrial construction projects are expected to boost sales of generator sets during the forecast period. Even developed regions such as North America and Europe have started adopting off-grid power systems to reduce dependence on utility scale electricity. This has boosted the sales of generator sets in these regions. Thus, increasing volume of off-grid power consumption has driven the sale of generator sets across the globe. All these factors along with rising demand for uninterrupted power supply is expected drive the demand for generator control units globally. The global market for generator control units (GCUs) is expected to cross US$ 850.0 Mn by 2026 at a CAGR of 4.75% throughout the forecast period from 2018 to 2026.

Digital GCU offers better control performance in variable frequency power system compared to analog GCUs. Digital GCU offers as easy tuning, modification and no aging compared to analog control units. Owing to the benefits of DGCUs, major avionics and airborne equipment OEMs looking forward to switch from analog generator control units to digital generator controller units. All these factors are expected to increase the adoption of digital GCU over the forecast period.

Based on end-use applications generator control units market is classified into industrial manufacturing, transportation, power plant, residential and commercial. Projected growth in industry verticals such as oil and gas, construction and mining sectors expected to fuel the demand for GCUs in industrial applications. The aviation and transportation segment is expected to witness the fastest growth during the forecast period. Rising deployment of digital GCUs in this segment is expected to support the market growth over the forecast period. Significant demand from power plant sectors also expected for generator control units with increasing number of power plants globally.

Asia Pacific is the largest regional market for generator control units and is expected to maintain its dominating position in the near future. Increasing industrialization in India, China and Southeast Asia is the primary factor expected to sustenance the growth of GCUs in the region. Considerable growth is also expected in Latin America and Middle East with significant investment in industrial manufacturing sectors.

The global market for generator control units is highly fragmented and comprise large number of multinational players. Some major players operating in the global market include Emerson Electric Co., General Electric, ComAp, AMETEK Inc, Lamar Technologies LLC, Air Data Inc, Deep Sea Electronics, Kohler Co., Avionics Instruments LLC, DEIF A/S, Beckwith Electric Co., Inc, SmartGen, Jenoptik AG and others.

Browse the full report at https://www.credenceresearch.com/report/generator-control-units-market

Bean to Cup Coffee Machines Market estimated to grow with a CAGR of 4.9% during the forecast period from 2018 to 2026.

According to a new market research report published by Credence Research “Bean to Cup Coffee Machines Market (by Machine Type: Automatic, Semi-automatic and Manual; by Sales Channel: Online Retail and Direct Retail; by End-user: Residential, Restaurants, Hotels & Cafés, and Corporate Offices) – Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the bean to cup coffee machines market was valued US$ 1,487.2 Bn in 2017 and estimated to grow with a CAGR of 4.9% during the forecast period from 2018 to 2026.

Market Insights

There are only limited number of people worldwide that resist themselves from savoring the flavors and aroma of freshly grounded coffee beverages. The magnetizing flavor and aroma of fresh coffee beverage is indulging people of all ages, societies and cultures. Consequently, coffee industry is inclining towards bean to cup coffee machines across the globe. Restaurants, hotels and quick serving cafés are replacing their exiting conventional coffee machine with bean to cup coffee machines to give their customers a delightful experience. In addition to the aforementioned joints, growing trend of fresh coffee in corporate offices is also contributing to the growth of bean to cup coffee machines. Based on the preference and likings, several coffee machine manufacturers are introducing innovative and advanced variants of coffee machines with an intent to cater different end-user.

Travel destinations, history of coffee culture and presence of quite a few coffee machines manufacturers crowned Europe as a dominating region in overall bean to cup coffee machines market. North America backed by a strong coffee consuming population in the U.S. trails Europe in terms of market value. However, having 60% population of youth and rapidly growing cafés culture in its developing countries, Asia Pacific is projected as the fastest growing region in bean to cup coffee machines market. High disposable income, growing acceptance of technology and growing inclination towards brewed beverages projected to boost Asia Pacific in terms of market value throughout the forecast period from 2018 to 2026.

Competitive Insights:

Bean to cup coffee machines market is highly fragmented market characterised by several international as well as local players. The overall market scenarion is quite challenging and several consumer good companies are striving real hard to stay competitive in this market. Continuous product innovation, technological advancement, and maintaining quality of product are the vital strategies adopted by the leading companies to maintain their market position. Besides, expansion of geographic presence and dsitribution network is one of the several approaches incorporated by these companies to boost their sales. Few of the major notable players profiled in this research study includes Jura Elektroapparate AG, De’Longhi S.p.A, Krups, Robert Bosch GmbH, Electrolux AB, Panasonic Corporation, Siemens AG, Koninklijke Philips N.V., Melitta, Nestle Nespresso S.A., Schaerer Ltd., Gaggia, Russell Hobbs, and Smeg among others.

Key Analysis Covered:

  • Latest trends in bean to cup coffee machines market and growth opportunities for bean to cup coffee machines market participants
  • Growing café cultures in developing countries creating a positive impact on the overall bean to cup coffee machines market
  • Different machines types used to for freshly grounded beverages and their market estimations
  • Largest and fastest growing segments in terms of machine type, sales channel, and end-user
  • Most prominent geographical regions/ countries for the bean to cup coffee machines market

The complete report is available at  https://www.credenceresearch.com/report/bean-to-cup-coffee-machines-market

Reusable Icepacks Market is expanding at a CAGR of 8.1% from 2018 to 2026

According to the latest report published by Credence Research, Inc. “Global Reusable Icepacks Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global reusable icepacks market accounted for US$ 1381.7 Mn in 2017, expanding at a CAGR of 8.1% from 2018 to 2026.

Market Insights

The global reusable icepacks accounted for US$ 1381.7 Mn in 2017 growing with a CAGR of 8.1% during the forecast period from 2018 to 2026. Reusable ice pack has become a vital part of hot and cold therapy as a proven method to reduce pain and swellings significantly when compared to other treatments such as balms and ointments, among others. Cold pack treatment does not involve the use of invasive treatment and is completely non-addictive therapy for joint pain and muscle relaxant. These cold pack aids in decreasing the blood flow towards affected body part thus, effectively decreasing soreness and inflammation. Similarly, hot packs are used extensively for pain relief treatments as heated pack promotes blood circulation. Increased blood circulation helps in easing up the pain and stiffness in muscles, tendons, and ligaments. Icepack manufacturers have been carrying out research to ensure optimum design and functionality of reusable ice packs that can provide maximum comfort. Advancement in medical technology and introduction of new chemical formulation has significantly boosted the ability of reusable ice packs in order to retain their temperature for longer duration. This has encouraged consumers to upgrade from homemade ice packs and conventional ice packs towards reusable ice packs.

Growing demand for reusable ice packs in healthcare and pharmaceuticals industry is mainly driving the global market. Sports athletes including professional bodybuilders, marathon runners and fitness professionals extensively use reusable ice packs for homeostasis of body temperature during their resting and recovery period. This aids their body to recover faster and avoid any possibility of tissue damages during their training. Furthermore, these ice packs are also used for veterinary applications especially for comforting post-operative and sick animals. In addition, refrigeration plays a vital role in food and beverages preservation and transportation. A variety of food products such as milk and dairy products, raw meat & fish and fruits & vegetables need a specific temperature to prevent them from getting spoiled. Refrigeration of perishable foodstuffs is easy with refrigerators and freezer, however, the quality of food item is difficult to maintain in on-the-go conditions. In order to overcome such issues during transportations, several end-use verticals associated with food and beverages industry use reusable ice packs for food preservation.

Reusable ice pack manufacturers are engaged in developing new and better ice packs for efficient, flexible and safe applications. Most commonly used composition is the mixture of water and ammonium nitrate fertilizer that provides a temperature drop of approximately 35° Fahrenheit for a lasting period of 10 to 15 minutes. However, this composition is toxic and cannot be used for applications such as food preservation. Companies trying new chemical compositions in order to overcome the aforementioned issue by developing ice packs with more stable and non-toxic chemicals which are capable of maintaining a required temperature for a longer time. Although there are no direct market challenges for reusable ice packs, however, there are factors that can pose a roadblock to the growth of reusable ice packs market. Most of the chemical compositions used in reusable ice packs such as Ammonium Nitrate, Urea, Sodium Polyacrylate, Silica Gel and Diethylene Glycol are toxic in nature and cannot be used for various applications such as open wound treatment and food preservations. Limitation of safe and effective cooling medium can act as a major challenge for overall market growth. However, growing demand for reusable ice packs from emerging and developing economies serves as opportunity for the market during the forecast period.

The global reusable icepacks market has been segmented by product type, application and geography. In 2017, by product type, ice/dry icepacks held the largest share in the global reusable icepacks market. Increasing demand from shipping of foods is mainly driving the ice/dry packs segment during the forecast period. Refrigerant gel based packs segment estimated to be the fastest growing segment owing to the fact that they last longer compared to ice/dry ice pack. By application, food and beverages segment held the largest market share and is expected to maintain its dominance during the forecast period. Refrigeration in food & beverage and chemical industries is crucial since certain foods like specialty chemicals, raw meat and dairy products amongst others must be stored at certain temperatures that otherwise can get spoilt rapidly. By geography, North America held the largest market share both in terms of value and volume. Prominent factors driving the growth of the market include, immense application of reusable icepacks in multiple end-use industries such as healthcare and food & beverages. Furthermore, various regulations implemented by Perishable Cargo Regulations (PCR) manuals pertaining to handling and packaging of temperature sensitive goods are being implemented in various regions in Europe and North America to harmonize manufacturing, processing and distribution. This in turn is creating a favorable environment for the growth of reusable icepacks in North America region over the forecast period.

Key market players in the global reusable icepacks market include King Brand Healthcare Products, Techniice USA, Lloyds Pharmacy Limited, Cardinal Health, S.E.A. Olympus Marketing Inc, 3M Company and Microban Products Company.

Browse the full report Global Reusable Icepacks Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at  https://www.credenceresearch.com/report/reusable-icepacks-market

Chemotherapy Induced Nausea and Vomiting Treatment Market Competitive Analysis, 2018 – 2026

The latest market report published by Credence Research, Inc. “Global Chemotherapy Induced Nausea and Vomiting Treatment Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global chemotherapy induced nausea and vomiting market was valued at US$ 2,057.4 Mn in 2017, and is expected to reach US$ 3,626.1 Mn by 2026, expanding at a CAGR of 6.5% from 2018 to 2026.

Browse the full report Global Chemotherapy Induced Nausea and Vomiting Treatment Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at  https://www.credenceresearch.com/report/chemotherapy-induced-nausea-and-vomiting-treatment-market

Market Insights

As per the latest research citings of National Cancer Institute, in 2016 there were approximately 15.5 million cancer survivors due to early intervention of chemotherapy. Business analysts predict the rise in survivors to 20.3 million by 2030. The etiology of CINV is not very well understood, however the involvement of the chemo trigger zone and gastrointestinal mucosa have been reported in multiple studies. Chemotherapy induced nausea and vomiting are classified as acute, refractory and delayed. The intensity of CINV depends on the use of drugs in chemotherapy and patient factors. The challenges associated with the antiemetic prescribed for CINV are nonadherence and lack of effective guidelines for CINV treatment. Newer antiemetic drugs such as palonosetron and aprepitant have shown good pharmacokinetic properties in adult cancer patients, still more clinical trials are required for its safety in children.

Serotonin receptor antagonist represents major share in the chemotherapy induced nausea and vomiting treatment market. Excellent pharmacodynamics properties of newer 5HT3 receptor antagonist and availability in oral, intravenous and transdermal patches makes it popular among the physicians treating CINV. Dopamine antagonist have found prominence in treating acute nausea with minimal side effects. NK1 receptor antagonist will project healthy growth during the forecast period on account of its optimum pharmacokinetic properties, and is found effective in the treatment of refractory nausea in patients suffering with chemotherapy induced nausea and vomiting.

North America is the global leader in chemotherapy induced nausea and vomiting treatment market. Domicile of market leaders such as Sanofi-Aventis, Helsinn Healthcare etc., manufacturing CINV drugs and increasing demand for chemotherapy drive the CINV treatment market in North America. Technological advancement in the diagnostic kits results in accurate diagnosis of cancer, thereby enrolling patients on chemotherapy treatment in Europe. Asia Pacific will project excellent growth during the forecast period due to factors such as rising prevalence of cancer and developing healthcare infrastructure. It serves as a lucrative market for generic antiemetic drugs employed for the treatment of chemotherapy induced nausea and vomiting.

The major players steering the chemotherapy induced nausea and vomiting treatment market are Baxter Pharmaceuticals, Eisai, Inc., Helsinn Healthcare, GlaxoSmithkline, Plc, Merck & Co., Inc., ProStrakan, Inc., Pfizer, Inc., Sanofi-Aventis, Solvay Pharmaceuticals, Inc. and Teva Pharmaceutical Industries Ltd.

Key Market Movements:

  • Rising demand for chemotherapy as treatment option in patients suffering with cancer
  • Excellent clinical outcomes of drug combination serotonin receptor antagonist/NK1 receptor antagonist in CINV treatment
  • Affordable reimbursement scenario for generic antiemetic drugs employed for CINV treatment

Polyurethane Foams Market – Growth, Future Prospects and Competitive Analysis, 2018-2026

According to the latest report published by Credence Research, Inc. “Global Polyurethane Foams Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global Polyurethane Foams market was valued at US$ 55.85 Bn in 2017, expected to grow at the CAGR of 5.2% from 2018 to 2026.

Market Insights

Due to diverse applicability, polyurethane foams are witnessing huge demand from various end-use industries such as bedding & furniture, building & construction, electronics, automotive & transportation, footwear, packaging, and others (textiles, refrigeration, etc.). Factors such as increasing demand from end-use industries owing to increased energy efficiency and reduced output weight coupled with rising middle class in the emerging markets supporting the growth of polyurethane foams across the globe. Polyurethane foams are lightweight and cheaper option over conventional materials in many end use sectors. Moreover, polyurethane foam is chemically stable, flexible, and acts as an ideal insulating material in building and construction sector. Polyurethane foam types includes flexible PU foam, rigid PU foam, and spray PU foam are significantly penetrating their end-use industries market as each type have different characteristics as per manufacturing and are designed to suit their application requirement in the end products. In 2017, Flexible PU Foam accounted for the largest share, followed by rigid PU foam and spray PU foam. Properties such as resiliency, light weight, and sound/energy absorption make flexible polyurethane foams a key material in bedding & furniture and automotive & transportation industry. While, rigid PU foam exhibiting the fastest growth during the forecast period from 2018 to 2026 reason being, with thermal insulation properties rigid PU foam is becoming a key material in building & construction end-use industry. Moreover, governments in developed as well as developing economies are formulating more policies promoting energy efficiency and conservation to achieve climate and energy objectives, which in turn drive rigid PU foam market in coming years.

Building & Construction held the largest share of Polyurethane Foams market by end-use industry in 2017. In building & construction industry, polyurethane foams find promising application in insulated panels, wall and roof insulation, and for doors and windows gap fillers. Versatility, energy efficiency, thermal/mechanical performance, and environmental savings characteristics of polyurethane foams making it an ideal material for this industry. Investment in infrastructure development and housing projects especially in developed economies expected to boost the demand for polyurethane foams in building and construction industry. Automotive & Transportation was the second largest end-use industry represented over 20% market share in 2017. Polyurethane Foams market has a positive outlook in automotive & transportation end-use industry on account of move towards greater fuel efficiency and rising demand from HVAC, headrests, seating, arm rests, and other interior systems.

Based on the geography, Asia-Pacific is the leading geography during 2017-2018 in terms of value and volume. China and India are among the major market for Asia-Pacific owing to population with rising disposable income, rapid economic growth and booming construction, automotive and electronics end-use industries. North America closely follows Asia-Pacific region in terms of value and volume consumption. North America PU Foams market is mainly driven by the increasing demand for flexible polyurethane foam automotive seating and customer needs. Moreover, rebound in furniture, interiors and construction industry in North America region also contributing to the overall polyurethane foams market growth

Key manufacturers of polyurethane foams operating in the market include BASF SE, Covestro, The Dow Chemical Company, Huntsman Corporation, Armacell, Chemtura Corporation, and Dowdupont among others.

Browse the full report Global Polyurethane Foams Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at  https://www.credenceresearch.com/report/polyurethane-foams-market

Ambulance Stretchers Market is expected to reach US$ 262.4 Mn by 2026

The latest market report published by Credence Research, Inc. “Ambulance Stretchers Market Growth, Future Prospects, and Competitive Analysis, 2018 – 2026” the global ambulance stretchers market was valued at US$ 208.5 Mn in 2017 and expected to reach US$ 262.4 Mn by 2026 at a CAGR of 2.6% during the forecast period from 2018 to 2026.

Market Insights

The global ambulance stretchers market unveils productive growth during the forecast period from 2018 to 2026, attributed to expanding progresses in delivering emergency care services by hospitals and emergency care centers. Technological assessment in ambulance stretchers such as manual stretchers, pneumatic stretchers or hydraulic stretchers and electric powered stretchers are attaining higher momentum in hospitals and clinics. Newly manufactured transportable stretchers now have improved capabilities as compared from basic or simple equipment with enhanced competences and options/features such as removable/reversible headrest, adjustable backrest (up to 75 degrees), storage cabinet, knee raise and shock position, cylinder holders, antimicrobial sheet, enhanced locking systems, improved hydraulic technology in the critical care and pediatric care segment,  is driving the overall demand of stretchers in the end user segment.

In countries like, the United Sates, U.K., France, Germany, Japan, and Australia, pneumatic and electric ambulance stretchers are quickly supplanting the manual stretchers. However, in the developing nations, utilization of manual stretchers are on a majority scale by the end user segment, due to their low cost and ease of accessibility.

Major driving factors in the global ambulance stretchers market include, expanding geriatric population, expanded government spending on social care, developing medical tourism in countries like India, China, Brazil, Mexico, GCC countries, and rising awareness about emergency care service providers in the local regions of the developing nations. However, the conveyance of ambulances geologically is much unstructured. Besides, factors such as staggering expense of private emergency care services and absence of trained experts in the emergency care administrations may hamper the growth and development of the global ambulance stretchers market during the forecast period.  High prices and availability of new transportable ambulance stretchers in the rural and local areas, such as bariatric trolley, incubator transport trolley and other critical care trolley with full support is also a very crucial factor, which restricts the overall consumption of this equipment in the hospitals, clinics and ambulatory service centers in the developing economies.

Major players in this vertical are Stryker Corporation, Hill-Rom Holdings Inc., Fu Shun Hsing Technology Co. Ltd., Getinge Group, Medline Medical Equipment Inc., Ferno-Washington, Inc., Omega Surgical Industries, Zhangjiagang New Fellow Med Co., Ltd., Dragon Industry (ZJG) Co., Ltd, CI Healthcare and others.

Key Market Movements:

  • Globally, the ambulance stretchers market remains to exhibit a profitable growth with a CAGR of 2.6% for the period from 2018 to 2026
  • Based on the product, the emergency stretcher segment is expected to spearhead the market with new technological features along with higher patient safety.
  • The transportable ambulance stretchers are gaining more traction in terms of revenue generation during the forecast period, such as pneumatic and electric powered stretchers
  • North America to contribute maximum revenue share in the overall growth of the ambulance stretchers market, attributed to rising accidental cases, sports injuries, higher adoption of top end models in more than 70 percent of the hospitals, increasing awareness and programs held by major emergency care service providers, maximum reimbursement coverage, higher patient safety and the presence of key manufacturers & sophisticated healthcare infrastructure in the U.S. and Canada.
  • Eastern Europe, Latin America, and Asia Pacific to show promising opportunities at a lucrative CAGR during the forecast period. Rising government funding, increasing number of hospitals and emergency care service centers, surging geriatric population, and increasing healthcare spending in India, China, and Japan contributes to the overall market growth.

Browse the full report Ambulance Stretchers Market Growth, Future Prospects, and Competitive Analysis, 2018 – 2026 at  https://www.credenceresearch.com/report/ambulance-stretchers-market