Interactive Whiteboard Market Size, Share, Industry Growth, Strategies, Trends, Analysis and Market Forecast 2018 to 2026

According to a new market research report published by Credence Research “Interactive Whiteboard Market (by Technology: Restive Whiteboard, Capacitive Whiteboard, Optical Whiteboard, and Others (Ultrasonic, Infrared, etc.); by Projection: Front Projection and Rear Projection; by End-users: Educational, Corporate, Government and Others (Commercial, Military & Defense, Aerospace, etc.) – Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the interactive whiteboard market was valued US$ 3,351.3 Bn in 2017 and estimated to grow with a CAGR of 4.63% during the forecast period from 2018 to 2026.

Market Insights

Modern education system witnessed several drastic and positive changes in last decade or two. More emphasis on learning and understanding opened numerous new avenues of teaching and knowledge sharing. Interactive whiteboard is one such technology witnessing a consistent growth both in educational as well as commercial sector. Interactive whiteboards were introduced as a tool for corporate conferences and meeting for encouraging participation. However, the technology was open heartily accepted by education sector and added a new chapter in e-learning. With educational institutes reaching new heights and race to upgrade conventional teaching methods helped interactive whiteboards market to flourish.

The complete report is available at https://www.credenceresearch.com/report/interactive-whiteboards-market

North America region appeared as a pioneer in interactive whiteboard market owing to vast education institutes, universities and corporate sector. Countries in the region including the U.S. and Canada are bringing a paradigm shift in their educational systems and thus, promoting the use of interactive whiteboard. North America is followed by Europe owing to their strong commercial sector and their positive approach towards techniques such as e-learning. Asia Pacific projected to witness a sluggish growth throughout the forecast period from 2018-2026. Several countries in the region lack proper educational infrastructure and the market is solely contributed by the flourishing corporate sector.

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Competitive Insights:

Overall competitive landscape of interactive whiteboards market is highly fragmented with leading computing and communication giants claiming the major chunk of the market. The resulted in limited opportunities for small and local players to make their mark. Major companies engaged themselves in improving their existing products and acquire contract from educational institutes and corporate sector to maintain their market position. Few of the major notable players profiled in this research study Samsung Electronics Co. Ltd., Cisco Systems, Inc. Hitachi Ltd., Panasonic Corp., Microsoft Corporation, Google, Inc., LG Electronics Ltd., Sharp Corp., BenQ Corp., Vestel Elektronik Sanayi e Ticaret AS, PolyVision Corp., Promethean World plc, QomoHiteVision LLC, Seiko Epson Corp., Smart Technologies Inc., Julong Educational Technology Co. Ltd. among others.

Key Analysis Covered:

  • Current trends and progress in interactive whiteboards market and prospects for interactive whiteboard vendors
  • Educational ideology such as e-learning and consistently growing corporate sector providing a healthy environment for interactive whiteboards market
  • Different segmentation of interactive whiteboard based on technology, projection, end-user, and their most appropriate market estimation considerable several global and local parameters
  • Largest and fastest growing segments in terms of technology, projection, and end-user
  • Ranking of geographical regions/ countries based on their market size and attractiveness for the interactive whiteboards market

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Poultry Processing Equipment Market Size, Share, Growth, Strategies, Trends, Analysis and Worldwide Forecast 2018 to 2026

According to a new market research report published by Credence Research “Poultry Processing Equipment Market (Process ­­— Live Bird Handling Equip., Killing and Defeathering Equip., Evisceration Equip., Chilling Equip., Cut-up Equip., Deboning, Skinning and Trimming Equip., Portion Cutting Equip., Vision Grading Equip., Transferring Equip., Weighing Equip., Feet Processing Equip., Packaging & Dispatch Equip.) Market – Growth, Future Prospects and Competitive Analysis, 2018—2026”, the global poultry processing equipment market is set to expand with a CAGR 5.2% throughout the forecast period from 2018 to 2026.

Market Insights

Global poultry processing equipment market mainly driven by increasing demand for poultry products. Incessantly growing poultry processing industry has raised the demand for these equipment across different geographic region. In 2017, Germany poultry processing industry accounted for US$ 30,912 Mn in and expected to cross US$ 31,037 Mn by 2020. In past few decades, poultry processing industry has undergone major structural changes owing to introduction of modern intensive production methods, improved preventive disease control, genetic improvements and biosecurity measures along with the increasing disposable income and human population. These changes have offered tremendous growth opportunities for overall poultry processing equipment market.

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Further, increasing count of poultry processing plants among different geographic regions pointed as one of the prime factors influencing global poultry processing equipment market. Poultry processing plants are ensuring safety and quality of meat and meat products, thus creating attraction among end-user. This pointed as one of the major factors supplementing the growth of overall poultry processing equipment market. In addition, increasing demand for high protein diet along with rising health concerns leading to high consumption of meat and meat products. This factor reported for generating strong demand for poultry processing equipment in the global market.

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Leading manufactures in overall poultry processing equipment market are focusing more to increase their geographic reach by introducing new plants across different geographic regions.  Key players are also introducing more advanced equipment to serve changing needs of developed countries. For instance, on 12 June 2018, Meyn Food Processing Technology B.V., one of the leading processing equipment specialist, introduced their all-new high-speed poultry processing equipment at VIV Europe, the international poultry trade show. The new Grande drawer system M1.0 offers the speed of 15,000 bph (birds per hour) to ensure full production line with highest poultry quality. Meyn also introduced the carousel rehanger M2.0, rehanging solution for smooth transfer along with high speed weighing which has increased the line speed from 12,500 to 14,000 bph. Global poultry processing equipment market experiencing consistent innovation, thus expected to witness significant growth during the forecast period from 2018 to 2026.

Leading players in the global poultry processing equipment market include GEA Food Solutions B.V., Waltons Co., Ltd., Marel HF, Key Technology, Inc., John Bean Technologies Corporation, CTB, Inc., Baader Food Processing Machinery, Inc., Bayle S.A., CG Manufacturing and Distribution Ltd., Prime Equipment Group, Inc., Brower Equipment Corporation, BFE Services Pty. Ltd., Cantrell Company LLC, Meyn Food Processing Technology B.V. and others.

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Electrophysiology Devices Market Size, Growth Is Projected To Reach US$ 16,730.2 Mn by 2026

The latest market report published by Credence Research, Inc. “Electrophysiology Devices Market Growth, Future Prospects, and Competitive Analysis, 2018–2026” the electrophysiology devices market was valued at US$ 6,513.3 Mn in 2017 and projected to reach US$ 16,730.2 Mn by 2026 at a CAGR of 10.9% over the forecast period from 2018 to 2026.

Market Insights

The electrophysiology (EP) devices market is likely to witness a phenomenal CAGR during the forecast period from 2018 to 2026. Electrophysiology, the branch of physiology is a test executed to assess the electrical system/activity of the heart and to diagnose abnormal heartbeats or arrhythmia. Growing aging population coupled with rising prevalence of atrial fibrillation (AF) & cardiovascular diseases (CVDs), technological advancements in electrophysiology devices, and the presence of favorable government initiatives are the factors driving the market growth.

Browse the full report Electrophysiology Devices Market – Growth, Future Prospects, and Competitive Analysis, 2018–2026 at https://www.credenceresearch.com/report/electrophysiology-devices-market

Technological developments in electrophysiology devices such as fluoroscopy integrated 3D mapping technology in ablation, bidirectional duodecapolar diagnostic catheter, irrigated-tip RF catheters, and remote steering systems are fuelling the demand for adoption of EP devices. In addition, novel techniques including convergent procedure, WATCHMAN left atrial appendage closure (LAAC) procedure, and focal impulse and rotor modulation (FIRM) ablation are gaining the momentum among patients and healthcare professionals (HCPs). On the contrary, high costs of electrophysiology devices and the availability of alternative therapies are anticipated to hinder the market growth during the forecast period.

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The introduction of the Million Hearts CVD Risk Reduction model that will bridge a gap in cardiovascular care by means of offering targeted incentives for healthcare providers (HCPs) or practitioners in order to engage in beneficiary cardiovascular disease (CVD) risk calculation and population-level risk management is expected to support the market growth.

Key Market Movements:

  • Globally, the electrophysiology devices market to witness a profitable growth with a CAGR of 10.9% during the forecast period from 2018 to 2026
  • On the basis of product, the electrophysiology ablation catheters segment would follow the electrophysiology laboratory devices in terms of revenue. The cardiac monitors segment will exhibit fastest CAGR during the forecast period due to the advent of implantable cardiac monitors to monitor the atrial fibrillation. Other cardiac monitors including holter monitor, event recorder, and mobile cardiac telemetry (MCT) are also supporting the market growth.
  • Rising prevalence of atrial fibrillation (Afib) across the world coupled with increasing adoption of electrophysiology devices and procedures would support the supremacy of the atrial fibrillation indication throughout the forecast period
  • North America commanded the market in 2017 and would retain its status quo throughout the forecast period due to the presence of key market participants & target population, and favorable reimbursement & coverage scenario for electrophysiology procedures in the U.S. and Canada
  • Asia Pacific is foreseen to demonstrate comparatively higher CAGR during the forecast period between 2018 & 2026 due to surging elderly population base coupled with increasing prevalence of atrial fibrillation, Wolff-Parkinson-White (WPW) syndrome, and cardiovascular diseases in India, China, Japan, and Australia
  • Major players in this vertical are Siemens Healthineers; Medtronic plc; Boston Scientific Corporation; Abbott Laboratories; Biosense Webster, Inc. (Johnson & Johnson Services, Inc.); BIOTRONIK SE & Co. KG; Nihon Kohden Corporation; MicroPort Scientific Corporation; CardioFocus, Inc.; and Stereotaxis, Inc.

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Human Microbiome Market Analysis, Size Is Expected To Reach US$ 1990.5 Mn by 2026

The latest market report published by Credence Research, Inc. “Global Human Microbiome Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global human microbiome market was valued at US$ 840.1 Mn in 2017, and is expected to reach US$ 1990.5 Mn by 2026, expanding at a CAGR of 10.1% from 2018 to 2026.

Market Insights

Human microbiome refers to the good and healthy microbes present in the human gastrointestinal tract. The primary function of these microbes is to aid in digestion absorption and synthesis of essential nutrients for the human body. Since centuries the importance of microorganism in maintaining healthy human homeostasis is known and studied. The human microbiome market is driven by factors such as rising prevalence of chronic diseases and technological development in the nutraceutical industry primarily focusing on the prebiotics and probiotics market growth. The importance of human microbiome in developing as a diagnostic tool is still in nascent stage with challenges related to regulatory approval.

Browse the full report Human Microbiome Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026 report at https://www.credenceresearch.com/report/human-microbiome-market

Prebiotics and probiotics occupy the largest share in the products segment owing to its importance in maintaining healthy gut microflora which aids the synthesis of essential amino acids, small chain fatty acids and absorption of vitamins. The source for probiotics and prebiotics is abundant ranging from dairy, cereals, vegetable and fruits. State of the art formulation and development segment present in the nutraceutical industry makes it available in diverse range of products for all age group. Supplements are gaining prominence as an adjuvant and supportive therapy for the treatment of lifestyle disorders such as diabetes, cardiovascular diseases, gastrointestinal disorders etc.

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Presently therapeutics dominate the applications segment on account of key factors such as increasing public demand for probiotics and prebiotics to maintain excellent gastrointestinal health. Exhaustive research in identifying the useful microbes in the gut flora and their availability as probiotics and dietary supplements has resulted in positive traction for therapeutics segment. Human microbiome are gaining promising future as a diagnostic tool to detect chronic infectious diseases such as cholera, diarrhea, gastroenteritis etc.

According to Center for Disease Control and Prevention (CDC) statistics in 2016, approximately 14.7 million people in United States were diagnosed with gastrointestinal ulcers. The human microbiome market growth in North America is determined by rising prevalence of chronic diseases and increasing public health awareness regarding healthy dietary intake. European Center for Disease Control and Prevention (ECDC) the prevalence rate of functional gastrointestinal disorders in adolescent in Mediterranean region of Europe is 20.7%. Domicile of major players and developed healthcare infrastructure drive the human microbiome market in Europe. In Asia Pacific emergence of local players as imposed fierce competition to market leaders providing human microbiome products. It serves as a lucrative market for medical food and dietary supplements to fortify infant nutrition and health.

The pioneering companies providing human microbiome products are DuPont, Enterome Bioscience, Osel, Inc., Second Genome, Inc., Seres Therapeutics, Synthetic Biologics, Inc., Synlogic, Inc., Vedanta Biosciences, Inc., Vithera Pharmaceuticals and Yakult Honsha Co., Ltd.

Key Market Movements:

  • Increasing number of patients suffering with chronic diseases and rising public health awareness
  • Increased research activities in identifying the therapeutic efficacy of microbes and developing them as probiotics
  • Rise in per capita income in developing nations which has built a positive traction in the purchase of medical foods and supplements

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Capnography Equipment Market Analysis, Size Is Expected To Reach US$ 390.5 Mn by 2026

The latest market report published by Credence Research, Inc. “Capnography Equipment Market Growth, Future Prospects, and Competitive Analysis, 2018 – 2026” the capnography equipment market was valued at US$ 264.3 Mn in 2017 and expected to reach US$ 390.5 Mn by 2026 at a CAGR of 4.5 % during the forecast period from 2018 to 2026.

Browse the full report at https://www.credenceresearch.com/report/capnography-equipment-market

Market Insights

The global capnography equipment market shows productive growth during the forecast period from 2018 to 2026 attributed to an increase in the prevalence of respiratory disorders, rising surgical procedures and emergency cases globally. Capnography devices monitor the levels of expiratory carbon dioxide respiratory gases during intensive care, anesthesia, and procedural sedation. Novel technology advancement in capnography equipment technology, the rise in manufacturing and demand for sidestream, microstream capnographs & consumables is driving the market growth during the forecast period. Production of top quality devices with increased cost in the equipment segment such as multiparameter capnographs and standalone capnographs is also a major factor driving the overall growth. The sidestream capnography is leading the global market owing to its proficiency of patient monitoring in emergency & non-intubated conditions, ease of use, and availability of portable devices. Development of point-of-care/portable capnography devices and clinical benefits over pulse oximetry is gaining traction during the forecast period. Moreover, increasing applications in cardiac care, trauma & emergency care, respiratory monitoring, and home care is further generating the demand for capnography equipment globally.

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Other major factors driving the growth include rising hospitalizations for respiratory diseases, increasing ambulatory care segment (mainly to diagnose hypoxia during critical conditions), advancement in the digital industry, and utilization of advanced systems in the mainstream and sidestream capnography. Major external factors include expansion of healthcare facilities with high top quality equipment & tools, increasing mortality and morbidity rate of patients, increasing number of surgical procedures globally (procedural sedation), and new product launch is generating maximum revenue share during the forecast period. In addition, increasing partnerships with hospitals, strategic alliances by private players and utilization of top services in the capnography equipment (post-operative monitoring, patient monitoring for anesthesia, hypoventilation, esophageal intubation, endotracheal tube placement, and others) is growing significantly, majorly in the developed nations.

In addition, growing advancements in R&D for capnography equipment technology, implementation of point of care diagnostics, availability of medical reimbursements for capnography equipment, government and organizational support (American Society of Anesthesiologists, Association of Anaesthetists of the Great Britain & Ireland, European Resuscitation Council, Intensive Care Society) for various capnography applications is further going to spur revenue growth during the forecast period.

However, the high cost of the capnography equipment, less follow-up of guidelines related to the clinical use of capnography, low awareness about the treatment and management, shortage of skilled professionals in the developing nations to operate capnography, are few factors limiting the growth of the capnography equipment market globally. Other external factors include increased regulations for medical devices by governing bodies mainly in Europe, India, China, and Japan, and less availability of advanced systems in healthcare settings.

Key Market Movements:

  • Globally, the capnography equipment market remains to exhibit a profitable growth with a CAGR of 4.5% for the period from 2018 to 2026
  • Higher technology assessment in the microstream equipment segment is gaining traction in the market
  • Latin America, Eastern Europe, and the Asia Pacific to show promising opportunities and shows growing CAGR during the forecast period owing to rising awareness among the individuals about new capnography equipment technology
  • Growing number of advanced healthcare settings, easy accessibility of branded equipment, and increasing healthcare spending in developing nations along with rising cases for asthma will contribute to the growth of the market.
  • Major players in this vertical are Drgerwerk AG & Co. KGaA, Burtons Medical Equipment, Ltd., Masimo Corporation, Koninklijke Philips N.V., NIHON KOHDEN CORPORATION, Smiths Group PLC, Welch Allyn, Inc., Medtronic PLC, Infinium Medical, Nonin Medical, Inc. and others.

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Worldwide Change Management Software Market Size, Share, Growth, Strategies, Trends, Analysis and Forecast 2018 to 2026

According to a new market report published by Credence Research, Inc., “Global Change Management Software Market (By Offerings (Standalone Software and SaaS), By Deployment Model (On-premise and Cloud-based), By Platform (Web and Mobile), By Organization Size (Small and Medium Enterprises and Large Enterprises), By End-use Vertical (Automotive, BFSI, Consumer Goods, Education, Food & Beverages, Government, Healthcare, IT & Telecom, Manufacturing, Retail, and Others)) – Growth, Future Prospects and Competitive Landscape, 2018 – 2026”, the global change management software market is expected to witness a growth of 12.8% CAGR during the forecast period from 2018 to 2026.

Browse the full report at https://www.credenceresearch.com/report/change-management-software-market

Product Insights

The global change management software market is likely to demonstrate a remarkable growth, expanding at a CAGR of 12.8% during the forecast period from 2018 to 2026. Change management software allows organizations to monitor, manage, and optimize the change management processes within the work environment. The software enables companies to structure their processes for identifying opportunities, create a plan for implementation, manage communications, manage resources and assets, drive change, optimize auditing, and evaluate data. Increase in digital transformation and automation of IT applications and processes is one major factor driving the growth prospects of change management software market worldwide.

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Change management is the discipline that guides how to prepare, support, equip and effectively adopt change for driving organizational outcomes and success. In 2017, based on offerings, standalone software segment garnered the largest market share. Based on deployment model, the global change management software market was led by on-premise segment in 2017. Several organizations across the globe are still largely dependent on the on-premise deployment model. Security features offered by the on-premise deployment model over cloud is enhancing the growth of this segment. On the other hand, cloud-based model projected to demonstrate fastest growth in the market as it allows companies to use software on a pay-per-use basis, making it cost-effective. Based on end-use vertical, market was led by IT & telecom sector. Inclination towards digital transformation coupled with growing investments in digitization by the IT & telecom sector is enhancing the growth of this segment. Based on geography, North America accounted for largest market share in the change management software market in 2017. U.S. led the North America change management software market in the same year and expected to remain dominant in the coming years. The presence of some prominent players such as BMC Software, Inc., International Business Machines Corp., Ivanti, Microsoft Corporation, Oracle Corporation, etc. expected to provide lucrative opportunities in the region.

Competitive Insights:

Major players in the change management software market include Axios Systems, BMC Software, Inc., CA Technologies, Cherwell Software, LLC, EasyVista Inc., Freshworks Inc., Gensuite, International Business Machines Corp., Ivanti, Micro Focus International Plc, Microsoft Corporation, Oracle Corporation, Rocket Software, Inc., ServiceNow, Inc., Serviceaide, Inc., SunView Software, Inc., and VMware, Inc. among others. The software providers are adopting several strategies to thrive in the competitive market environment. Strategies including new product developments, partnerships, etc. are adopted by the players to gain competitive edge over others.

For instance, in November 2017, SunView Software, Inc., one of the leading software organization released Machine Learning and Artificial Intelligence (AI) features to its flagship ChangeGear Platform. These features delivers real-time intelligence support to the end-users. The AI and machine learning features are built to equip organizations with new and powerful smart tools that helps them making informed decisions, resolve tickets faster, increase staff efficiency, improve the satisfaction of end-users, while supporting the ever-changing business environment.

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Worldwide Automatic Teller Machines (ATM) Market Size, Share, Growth, Strategies, Trends, Analysis and Forecast 2018 to 2026

According to a new market research report published by Credence Research “Automatic Teller Machines (ATM) Market (by ATM Location: Onsite ATM and Offsite ATM; by ATM Type: Brown Label ATM and White Label ATM; by Input Medium: Touch Screen Input and Keypad Input) – Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the automatic teller machines (ATM) market was valued US$ 13.64 Bn in 2017 and estimated to grow with a CAGR of 7.8% during the forecast period from 2018 to 2026.

The complete report is available at https://www.credenceresearch.com/report/automatic-teller-machines-atm-market

Market Insights

Automatic teller machines or ATM in more colloquial terms is ranked as one of the most influencing modern technology for convenience. Automatic teller machines helped significantly to curb long queues in front of bank counters saving time and resources for bank as well as customers. According to the ATM Industry Association (ATMIA), there are more than 3.5 Mn ATM machines installed all across the globe and the number projected to experience a multifold growth in coming years. Although internet and mobile banking have put some cap on ATM usage, several consumers still prefer to rely on ATM machines for cash and other banking services. This has been identified by several ATM machine manufacturers and are confident about the market growth with a considerable growth rate of 7.8% throughout the forecast period from 2018 to 2026.

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Home to several rapidly developing and industrial countries, Asia Pacific contemplated to zoom in as the most lucrative automatic teller machines market across the globe. Economic reforms in developing countries brought a revolution for ATM in Asia Pacific and anticipated to grow even further in the coming years. North America also showed positive intent in adding new ATMs to their tally. Positive growth attitude towards ATM across the globe expected to drive the market considerably in coming years.

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Competitive Insights:

ATM market has tremendous potential and several companies face-off each other to take advantage of the growing market. These companies are consistent in coming up with new and improved machine designs and better security features to grab attention of financial institutes such as banks. A long-term contract with banks is the prime objective of these giants in order to boost their market revenue. The ATM market is fragmented in nature and is characterized by some of the biggest industry players backed by strong relationship with their partner banks.  Few of the major notable players profiled in this research study Hitachi-Omron Terminal Solutions, Mitsubishi Electric Corporation, NCR Corporation, Sharp Electronics Corporation, Tianma Micro-electronics Co., Triton Systems of Delaware, GRG Banking, Intertech Bilgi, Oki Electric Industry Co., AU Optronics Corp., Fujitsu Frontech, KYOCERA Corporation, HESS Cash Systems GmbH, Nautilus Hyosung Corp., and Dibold Nixdorf among others.

Key Analysis Covered:

  • Recent trends and developments in automatic teller machines market and prospects for automatic teller machine vendors
  • Economic development, financial literacy and additional efforts of banking sector to create a beneficial situation for automatic teller machines market
  • Different segmentation of ATM based on their locations, features and their most appropriate market estimation considerable several global and local parameters
  • Largest and fastest growing segments in terms of ATM locations and ATM types
  • Ranking of geographical regions/ countries based on their market size and attractiveness for the automatic teller machines market

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Cable Trays Market Size, Share, Growth, Strategies, Trends, Analysis and Worldwide Forecast 2018 to 2026

According to a new market research report published by Credence Research “Cable Trays Market(Product Type – Ladder Type, Solid Bottom, Trough, Channel, Wire Mesh and Single Rail; Material – Metallic and Non-metallic; Industry Verticals – IT & Telecom, Public Infrastructure, Industrial Manufacturing, Energy & Utilities, Oil & Gas, Commercial, Residential and Others (Marine, Healthcare, Education etc.)) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global cable trays market was valued at US$ 2,956.9 Mn in 2017 and is set to exhibit steady CAGR during the forecast period from 2018 to 2026.

Browse the full report at  https://www.credenceresearch.com/report/cable-trays-market

Market Insights

Cable trays are witnessing increased preference for wiring systems due to their superior advantages over conventional electrical conduit systems. As compared to electrical conduits, cable trays offer higher safety, reliability, enhanced space utilization and lower cost. In addition, these are relatively easier to install and offer enhanced flexibility. The market is highly driven by the continually growing adoption of cable trays over other wiring methods. Over the period, cable tray vendors have introduced wide array of products, enabling their penetration across large number of applications. Thus, availability of wide range of products plays a crucial role in adoption of cable trays across different construction applications.

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Another prominent factor driving the market growth is the consistently rising construction industry worldwide. The industrial and commercial construction sector in the U.S., India and China have been demonstrating healthy growth post-economic slowdown. Considering the continually increasing adoption of cable trays, rising construction industry across the globe shows a positive sign for cable trays market growth. Nevertheless, predominant presence of electrical conduit systems in wiring systems is the major challenge for market growth. Despite the superior benefits of cable trays, electrical conduit systems enjoy higher penetration. This is mainly due to lesser confidence of consumers on safety offered by cable trays. Additionally, cable trays are suitable in relatively less number of applications as compared to electrical conduit systems.

The overall cable trays market is segmented based on product type, material, industry vertical and geography. Based on the product type, the ladder type cable trays segment lead the market. In 2017, the segment contributed to more than 60% of the total market value generated worldwide. Ladder type cable trays are among the most suitable and cost effective cable trays having application across nearly all the applications. Further, based on the geography, North America leads the overall market, closely followed by Europe. Asia Pacific is set to register the fastest growth rate in the market during the forecast period.

Cable trays market is fragmented in nature with presence of numerous regional as well as international players. Market players face remarkable challenges posed by fluctuating raw material prices, price pressure and complying with regulatory standards. Some of the major companies profiled in the report include Atkore International, Inc. (Allied Tube & Conduit), Chatsworth Products, Inc., Cooper Industries (Eaton Corporation), Hubbell, Inc., Chalfant Manufacturing Company, Legrand SA, Marco Cable Management, Oglaend System Group, Panduit Corporation, Schneider Electric SE, TE Connectivity Ltd., Thomas and Betts Corporation and others.

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Medical X-Ray Detectors Market Growth Is Expected To Reach USD 3,410.3 Mn by 2026

According to the latest report published by Credence Research, Inc. “Medical X-Ray Detectors Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the Medical X-Ray Detectors market was valued at USD 2,165.5 Mn in 2017, and is expected to reach USD  3,410.3 Mn by 2026, expanding at a CAGR of 5.1% from 2018 to 2026.

Market Insights

Medical X-ray detectors market is experiencing gradual market growth with introduction of novel and innovative technologies in the industry. A new generation of X-ray detectors are set to enter the market with noticeable progress in microelectronics to enhance their performance in scientific research and development.  In addition to that, digital electronics and manufacturing techniques have led to several methods for the X-ray detector’s design and assembly. According to industry experts, a perfect medical X-ray system possess properties such as its digital, and flat-panel which tends it to perform all recent radiological modalities at condensed dose. Other crucial property would be immediate availability of high quality radiograph on a video monitor after the patient’s X-ray exposure. However, journey for manufacturing ideal X-ray detectors has been initiated by many key players operating in this market. The first vital change observed was replacement of phosphor imaging plate with a digital detector that comprises three key components such as optical image sensor, scintillator, and read-out circuitry. Due to this technology update on exposure to X-rays the scintillator alters the X-rays to light, the optical image sensor coverts the light to electrical signals and the read-out circuitry rebuilds the image which can be analyzed on a computer screen. The key advantage of this technology is that it does not need any definite chemicals or reader to read the image, and assists to capture real-time images during surgeries.

Browse the full report Medical X-Ray Detectors Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at  https://www.credenceresearch.com/report/medical-x-ray-detectors-market

The medical X-ray detectors was segmented on the basis of products, modalities and panel size. In year 2017, Flat-panel detectors were identified as the largest market due to key factors such as wide application areas (cardiologic angiography, mammography and radiography), and incessant technological development coupled with product affordability. Fixed X-ray detectors segment dominated the medical X-ray segmentation on the basis of modality due to its increasing demand in all types of healthcare settings and significant development in healthcare infrastructure of developing countries such as China & India.

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In 2017, North America was observed as the largest market globally due to key driving factors are increasing adoption of digital imaging systems, high demand for innovative technologies, implementation of digital radiography, and accessible & sophisticated healthcare facilities. Asia Pacific expected to project significant growth throughout the forecast period from 2018 to 2026, due to key driving factors such as increasing demand for top quality detector systems, and expansion of healthcare services to a wider share of population in the emerging economies. The other factors responsible for its growth globally are aging population, constructive support of government agencies, and rising public awareness related to diagnosis.

Market Competition Assessment:

The medical X-ray detectors market is evolving and several companies functioning in this industry, involves a perfect combination of local/domestic and global players. The key players operating in this market are Varian Medical Systems, Thales Group, Canon, Inc., PerkinElmer, Inc., Teledyne DALSA Inc., Konica Minolta, Inc., Fujifilm Holdings Corporation, Teledyne DALSA Inc., Carestream Health, Agfa-Gevaert Group, Analogic Corporation, Vieworks Co., Ltd., YXLON International GmbH, Hamamatsu Photonics K.K., Rayence, and DRTECH.

Key Market Movements:

  • Continuous advancements in the X-ray detector technology specific to digital radiography systems
  • Increasing R&D investments by key players and funding by government specifically for portable systems is expected to assist the medical X-ray detectors market
  • Mounting public awareness related to diagnoses of lung cancer, pneumonia, emphysema and cardiac diseases
  • Flat-panel detectors accounted for the largest market share in 2017 and expected to maintain its dominance throughout the forecast period

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Cancer Diagnostics Market Size, Growth is expanding at a CAGR of 6.1% from 2018 to 2026

The latest market report published by Credence Research, Inc. “Cancer Diagnostics Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global cancer diagnostics market to reach US$ 115.3 Bn in 2026 expanding at a CAGR of 6.1% from 2018 to 2026.

Market Insights

Cancer diagnostics pave the way to understand the disease progression and the ways in which therapeutic treatment counteract the disease. Discovery of novel cancer diagnostic techniques are expanding at an unmatched rate due to investments in molecular biology and genomic sciences. Burgeoning prevalence of cancer across the globe expected to facilitate rise in demand for cancer diagnostics market during the forecast period. Cancer claims one in six life globally, accounting for more deaths than tuberculosis, AIDS and malaria combined. According to International Agency of Research on Cancer (IARC), there were 14.8 million new cases of cancer and 8.8 million cancer deaths in 2015 worldwide.

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This number is projected to grow to 21.7 million new cases and 13 million deaths due to cancer by 2030 owing to growing geriatric population. Growing awareness regarding the early diagnosis of cancer in developed and developing countries is the prime factor for the growth of cancer diagnostics market. This awareness is supported by favourable government initiatives to promote cancer testing, heightened research & development in the field of oncology and easy availability of point-of-care diagnostic kits are further driving the cancer diagnostics market. Number of biopharmaceutical companies are coming up with novel diagnostic technique that are highly accurate and pocket friendly. Number of health conscious people in the developed countries are opting for cancer tests for early traits and possibilities of oncogenic mutations to take prior steps in cancer prevention. These factors will assist the growth of cancer diagnostics market during the forecast period from 2018 to 2026.

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In terms of disease conditions, breast cancer held the largest share in the global cancer diagnostics market. Breast cancer remains the most common form of cancer in women globally, with more than 2 million new cases diagnosed in 2018. European countries such as Belgium and Luxembourg show highest number of breast cancer rates due to high rate of diagnosis and high awareness among people. Breast cancer incidences and prevalence is high in North America and it is growing at an alarming rate in Asia Pacific. Breast cancer was responsible for 252,710 new cases in 2017. Moreover, estimated 1 in 8 women in the United States live with a risk of developing breast cancer during their lifetime. There has been a surge in the breast cancer incidence rate in China in last two decades, showing a growth of 3.5% per year during the period from 2000 to 2014. These factor will drive the growth of cancer diagnostics market during the forecast period.

In terms of geography, North America dominated the global cancer diagnostics market owing to domicile of number of biopharmaceutical companies developing diagnostic kits for early cancer detection. Highly efficient reimbursement scenario in the United States have felicitated the rise in the number of people opting for cancer diagnostic testing at an early stages. Number of clinical laboratories and genomic companies providing cancer detection tests at low cost would further drive the adoption of cancer diagnostics; thereby driving the cancer diagnostics market. Asia Pacific expected to show fastest growth rate during the forecast period owing to growing cancer prevalence in the region, developing healthcare facilities to cater the unmet needs of the target population. Growing medical tourism in the region has urged the provision of sophisticated cancer treatment in the region. The prominent players participating in the cancer diagnostics market include Abbott Laboratories, Qiagen, F. Hoffman-La Roche, Alere, Inc., GE Healthcare, Siemens Healthineers, Agilent Technologies, among others.

Key Market Movements:

  • Growing prevalence of cancer globally
  • Growing research & development for early cancer detection and rising awareness among the masses
  • Number of biopharmaceutical companies coming up with novel diagnostic technique for cancer detection
  • Favorable government initiative in developed and developing countries to tackle the ever growing burden of cancer

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