Increase in Surgical Procedures Propelling the Anesthesia Drugs Market

With increase in surgical operations and invasive medical tests, the market for anesthesia drugs has been growing at a steady pace. Anesthesia drugs can be broadly categorized into two types – general anesthesia drugs and local anesthesia drugs. Anesthetic drugs help in inducing sleep and preventing discomfort and pain during surgical procedures. By 2018, the anesthesia drugs market in the US is expected to reach a value of 3 billion USD. Growth in the market for anesthesia drugs is affected by factors such as regulation of anesthesia drugs in different states and reaction to such drugs.

The US market for anesthesia drugs can be segmented on the basis of drug type. According to drug type, the anesthesia drugs in United States can be segmented into general inhalation anesthesia drugs, general intraveneous anesthesia drugs, and local anesthesia drugs. The general anesthesia drugs market can be further subdivided into propofol, ketamine, methohexital sodium, fospropofol disodium, pentobarbital, etomidate, fentanyl, and benzodiazepines class (diazepam and midazolam). Local anesthesia drugs market is segmented into articaine, bupivacaine, lidocaine, mepivacaine, and Prilocaine. Increasing demand for anesthesia service and increasing aging population are fueling the market for anesthesia drugs market in the United States. Intraveneous anesthesia drugs accounts for the largest market share. In 2011, the general anesthesia market in the US was valued at 2 billion USD and it is the fastest growing segment in the country. In the general anesthesia segment, ketamine is the preferred drug and it is expected to grow at a steady rate in the coming years.

Key players in the anesthesia drugs market in the United States are Abbot Laboratories, Baxter International, AstraZeneca Plc, and Endo Health Solutions Inc. However, in recent years there are a number of new and emerging companies who are making their presence felt in the market. There are different routes of administering anesthesia to patients. These include inhalation and intravaneous methods. Mask inhalation, laryngeal mask, endotracheal administration, and controlled respiration are some of the modes of administering anesthesia through inhalation. Regulation of anesthesia drugs in different states and recall of certain drugs due to their side effects are some of the challenges which are plaguing the growth of the market. With rise in the number of emergency surgical procedures and increase in cosmetic surgery, the market for anesthesia drugs in the United States is forecasted to grow in the future.

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Water Treatment Chemicals Market to be driven by Increasing Demand from Developing Economies

The global market for water treatment chemicals is growing at a steady pace with rapid urbanization and high demand from end-users. Water treatment chemicals are used for treating municipal water as well as agricultural wastewater. With higher demand for clean, drinking water with increasing population and increase in the number of industries, the global market for water treatment chemicals is also expected to surge in the coming years. With increased economic growth and growth in different industries, there has been high demand for water treatment chemicals in the Asia-Pacific region. Emerging economies such as Brazil, China and India are going to drive the growth in the global water treatment chemicals market.

The global water treatment chemicals market can be segmented on the basis of type of product, applications, and geographical areas. By product type, the global market for water treatment chemicals can be segmented into corrosion inhibitor, scale inhibitor, coagulants and flocculants, chelating agents, biocides & disinfectants, anti-foaming agents, and pH adjusters and stabilizers. By application, the market can be segmented into industrial and municipal water. The industrial water segment can be further categorized into power generation, food & beverage, chemical processing, pulp & paper, oil & gas, and metal & mining. Corrosion inhibitors and scale inhibitors are the largest segment in the global water treatment chemicals market. Industrial water treatment segment was the major consumer of water treatment chemicals. With healthy economic growth and stringent government and environmental regulations, there is going to be a high demand for water treatment chemicals from developing economies in the coming years.

Key players in the global water treatment chemicals market are AzkoNobel N.V., GE Water & Process Technologies, BASF SE, Nalco-Ecolob Company, Air Products and Chemicals Inc., Ashland Inc., Lonz Group Ltd., BWA Water Additives UK Limited, Kurita, The Dow Chemical Company, and Kemira. Manufacturers of water treatment chemicals are coming up with new product launches to expand their reach in the market. In the coming years, the demand for biocides and disinfectants is expected to decline with rising use of disinfection equipment. Regulations regarding wastewater management and municipal water standards have become more stringent in most countries. This is going to promote greater use of water treatment chemicals which is in turn going to propel the growth of the global water treatment chemicals market.

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Rise in Prevalence of Allergic Diseases Driving the Global Allergy Diagnostics Market

With rise in the incidences of allergic diseases in the world, the global allergy diagnostics market has also witnessed steady growth. In recent years, there has been an increase in the number of people suffering from different allergies, particularly food allergies and drug allergies. The number of people suffering from asthma has also increased in the last couple of years. This has led to an increase in the global market for allergy diagnostics. In 2014, the global diagnostics market was valued at 1.228 billion USD. By 2019, the market is expected to reach a value of 2.23 billion USD growing at a compound annual growth rate of 12.67 percent. Currently North America is the largest market for allergy diagnostics.

Key players in the global allergy diagnostics market are Alerchek Inc., Hitachi Chemicals Diagnostics, Siemens Healthcare, Thermo Fisher Scientific, Danaher Corporation, Omega Diagnostics, Biomerieux, Hob Biotech Group, Hycor Biomedical, Lincoln Diagnostics, and Stallergenes. The global market for allergy diagnostics can be segmented on the basis of allergen type, end-user, product and geographical areas. On the basis of allergen, the market can be segmented into food allergens, inhaled allergens and other allergens. Both Food allergens and inhaled allergens can be further categorized into animal origin food allergens and plant origin food allergens. By end-user, the global market for allergy diagnostics market can be segmented into diagnostic laboratories, academic research institutes, hospitals, and other end users. By product, the allergy diagnostics market can be segmented into assay kits and consumables.

Some of the key drivers in the global allergy diagnostics market are growth in the IVD market, increasing healthcare expenditure and rising number of allergic diseases such as rhinitis and asthma. The global allergy diagnostics market is also driven by the increase in aging population, increasing access to medical insurance, and increase in laboratory automation. However, there are certain restraints to the growth in the market, which includes stringent regulatory policies for medical devices, and requirement of high capital investment. High degree of consolidation is also going to act as an entry barrier for new entrants in the global allergy diagnostics market. With increasing incidences of lifestyle diseases, the global market for allergy diagnostics is forecasted to increase in the future.

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Global Video Surveillance Market Driven by Increasing Demand for Security

The global market for video surveillance has been witnessing steady growth with increase in demand for advanced surveillance systems by different law enforcement agencies. Increase in adoption of video surveillance by different sectors such as banking and finance, healthcare, transportation, and retail is one of the major drivers in the market. In 2013, the global video surveillance market was valued at 13.98 billion. By 2020, the market is forecasted to reach a value of 42.06 billion, growing at a compound annual growth rate of 16.97 percent during the period from 2014 to 2020. Some of the factors which are driving the growth in the market are implementation of video analytics, infrastructure growth in emerging economies, and greater need for physical security.

Key players in the video surveillance market are Bosch Security Systems Inc., Avigilon Corporation, Panasonic System Networks Co Ltd., Dahua Technologies Co. Ltd., Honeywell Security Group, Pelco by Schneider Electric, Axis Communications AB, Flir Systems Inc., Hangzhou Hikvision Digital Technology Co. Ltd., and Mobotix AG. The global market for video surveillance can be segmented on the basis of system, application sector, hardware, services offered, software and geographical region. On the basis of system, the global market for video surveillance can be categorized into analog video surveillance system and internet protocol (IP) video surveillance system. Based on application sector, the market can be segmented into commercial, industrial, infrastructure, institutional, and residential. According to hardware used, the market can be categorized as monitors, camera, storage, and accessories. North America is the largest IP video surveillance market, followed by Europe.

The increasing need for greater security is one of the main drivers in the global video surveillance market. With technological improvements made in IP cameras and better graphical user interfaces from video management systems, the video surveillance market is expected to grow at a steady pace in the future. The rising popularity of IP based video surveillance cameras that provide better video quality is also going to propel the growth of the global video surveillance market. With high economic growth in emerging nations such as India and China, there will be an increase in installations of surveillance systems. This will in turn increase the growth of the market. However issues about privacy are a major concern that is retaining the growth in the global market for video surveillance.

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Global Empty Capsules Market Driven by Growth in Pharmaceutical Industry

With rapid growth in the pharmaceutical industry, the market for empty capsules has also grown at a steady pace. Some of the factors which are driving the growth of the empty capsules market are rise in aging population which is increasing the demand for capsule based drugs, technological advancement and increase in demand from the nutraceutical industry. The rising demand for hard gelatin, nongelatin capsules and pullatan capsules in the pharmaceutical and nutraceutical market is also fueling the growth in the industry. By 2019, the global market for empty capsules market is expected to reach a value of 1.82 billion. An emerging trend in the empty capsule market is the growing demand for nongelatin capsules.

Capsules are used extensively in various therapeutic applications such as vitamins and dietary supplements, cardiovascular therapy drugs, antibiotic drugs etc. With growth in the pharmaceutical industry, the global market for empty capsules is also expected to grow in the future. The global empty capsule market is segmented on the basis of product type, therapeutic application, source of raw material and end user. By product type, the empty capsule market is categorized as hard gelatin capsules and non-gelatin based capsules. On the basis of raw material, the market can be segmented into pig skin gelatin, bovine hide gelatin, bone gelatin, Hydroxy Propyl Methy Cellulose (HPMC), and pullulan and starch material. By end user, the market can be segmented into pharmaceutical industry, nutraceutical industry, cosmetics industry, and research laboratories. According to therapeutic application, the global market for empty capsules can be segmented into vitamins and dietary supplements, cardiac therapy drugs, antibiotics and antibacterial drugs, antianemic preparations, cough and cold preparations, antacid and antiflatulent preparations, anti-inflammatory and antirheumatic drugs, and other therapeutic preparations.

Key players in the global empty capsules market are Medi-Caps Limited, Roxlor LLC, Bright Pharma Industry Co. Ltd, Capscanada Corporation, ACG Worldwide, Qualicaps, Co. Ltd., Capsugel, Suheung Co. Ltd., Snail Pharma Industry Co. Ltd., and Sunil Healthcare Ltd. The US is the leader in the global market for empty capsules market and accounts for more than one-fourth of the overall market share. However, in the coming years, Asia-Pacific is expected to have the highest growth opportunity. Rising levels of income in emerging economies, growing aging population, government initiatives in healthcare and increased access to healthcare are some of the factors which are going to positively impact the pharmaceutical and nutraceutical market. This is in turn going to propel the global market for empty capsules market in the future.

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Global Aramid Fiber Industry to Witness High Growth in the Future

With increasing use of aramid fibers in various industries, the global market for aramid fibers has grown significantly in recent years. Aramid fibers have a number of properties such as low density, heat resistance, high tensile strength, abrasion resistance, chemical resistance and impact resistance.  Asia-Pacific is the largest market for aramid fibers, followed by North America. In Asia-Pacific, the demand for aramid fibers is going to be fueled by high economic growth in emerging countries such as India and China. By 2019, the global aramid fiber market is expected to reach a value of 3.067 billion USD. One of the major factors propelling the growth of the global aramid fiber industry is the increasing spending on defense and homeland security by major economies of the world.

The global aramid fiber market can be segmented according to product type, application, and geographical region. On the basis of product type, the market can be segmented into meta-aramid fibers, para-aramid fibers, and other aramid fibers which include co-polymer aramid fibers and terpolyaramide fibers. On the basis of application, the global aramid fibers market can be segmented into aerospace, security and protection, optical fibers, electrical insulation, friction materials, tire reinforcement and rubber reinforcement. The major application for aramid fibers is in the sector of security and protection, which in 2013 accounted for around 31 percent of market share in terms of volume. In the coming years, aerospace and optical fiber applications are expected to have the highest growth rate in the industry.

Key players in the global aramid fiber industry are E.I Dupont de Nemours, China National Bluestar Group, Teijin Limited, Toray Chemical Korea Inc., Kolon Industries, Hyosung Corporation, Yantai Tayho Advanced Materials Co. Ltd. and SRO Group. Technological advancements in transportation, need for higher fuel efficiency, and greater need for security and protective measures are the main factors which are propelling the growth of the global aramid fiber industry. Aramid fibers are also used as a substitute for steel and asbestos in the construction industry. With growth in the construction industry, the global market for aramid fibers is expected to flourish in the coming years. With greater defense spending and technological advancement in manufacturing in aramid materials, the global market for aramid fiber industry is expected to flourish in the future.

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Technological Advancement Driving the Growth of the 3D Printing Market

In recent years, 3D printing has found application in various industries such as industrial design, constriction, aerospace, manufacturing, medical, footwear and fashion. Advancement in 3D printing has revolutionized the field of manufacturing and it has become possible to manufacture complex components through this technology. In 2013, the global 3D printing market was valued at 2.5 billion USD. By 2020, the market for 3D printing is expected to reach a value of 8. 43 billion, growing at a compound annual growth rate of 14.37 percent from 2014 to 2020. With increase in adoption of 3D printing technology in various applications, the global market for 3D printing has been witnessing an exponential growth. In the last couple of years, 3D printing has seen a huge surge in growth in small and home business which has given an impetus to the global 3D printing market.

Some of the key factors which are driving the growth of the 3D printing market are increase in government funding for development in 3D printing technology, the introduction of advanced technologies and extended material support, and plug and print capabilities of 3D printers. The global market for 3D printing can be segmented on the basis of technology, material used, application and geographical regions. According to technology, the 3D printing market can be segmented into Stereolithography (SLA), Electron Beam Melting (EBM), Laminated Object Manufacturing, Laser Sintering, Three Dimensional Printing, Jetting Technology, and Deposition Modeling. On the basis of material used, the global 3D printing technology can be categorized as metals and alloys, polymers, ceramics, and others. By application, the market can be segmented into aerospace industry, healthcare industry, automotive industry, consumer, industrial machines, government and defense, education and research, and others.

Key players in the global 3D printing market are ExOne, MakerBot Industries, Optomec Inc, Materialise NV, 3D Systems, EnvisionTEc, LUXeXceL, Arcam AB, EOS, microTEC Ges. für Mikrotechnologie mbH, MCOR Technologies Ltd, Organovo Holdings Inc., Stratasys Ltd. and Voxeljet AG. North America is the dominant market in 3D printing market. In the coming years, Asia Pacific and Europe are forecasted to grow with a high compound annual growth rate. Although it is a rapidly growing market, the market for 3D printing is at a nascent stage. With new companies entering the market and the rising demand of 3D printers for home use, the global market for 3D printing is expected to grow in the coming years.

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Global Insulin Market to Witness Steady Growth in the Future

With high prevalence of lifestyle diseases and increase in the number of people suffering from diabetes particularly in Asian countries, the global market for insulin has been growing steadily. In 2007, the number of diabetic patients was 246 million in the world. In 2013, the number of patients has increased to 382 million growing at a compound annual growth rate of 7.6 percent. Administration of insulin is the primary line of treatment for people suffering from diabetes. As such, the global market for insulin has a huge potential for growth. Some of the key factors which are propelling the growth in the global insulin market is rise in aging population, increase in awareness about the disease, increase in prevalence of diabetes in China and increased rates of diagnosis and treatment. In 2013, the global insulin market was valued at 20.97 billion and it is expected to grow at a compound annual growth rate of 12.4 percent in the next five years.

North America is the dominant market in the global insulin market and in 2013 it accounted for more than 40 percent of the total market share. In the coming years, Asia-Pacific is expected to be the fastest growing market with increased prevalence of diabetes, particularly in India and China. With increase in disposable income and better healthcare infrastructure, the insulin market in Asia-Pacific is forecasted to grow exponentially in the future. Key players in the global insulin market are Novo Nordisk, Sanofi, Eli Lilly, Bioton, Dongbao, Gan & Lee and United Laboratories. The progressive nature of the disease and greater research in the development of new products will aid the growth of the global insulin market in the future.

The global insulin market can be segmented on the basis of source, application and geographical areas. According to source, the market can be segmented as insulin analogs and human recombinant insulin. Type I and type II diabetes are the two application segments of the market. In 2013, the insulin analog segment was the most dominant sector in terms of market share accounting for more than 70 percent of the market. Although type II diabetes is more prevalent than type I diabetes, in the future type I diabetes is expected to dominate the market due to high demand and consumption rates.

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Emerging Trends in the Molecular Diagnostics Market

In recent years, there has been tremendous technological advancement in the field of molecular diagnostics. This has in turn fueled the growth of the global molecular diagnostics market. With growth in the diagnostics sector and personalized therapy, there are greater opportunities emerging in the global molecular diagnostics industry. By 2018, the global molecular diagnostics market is estimated to reach a value of 7.9 million, growing at a compound annual growth rate of 9.7 percent from 2013 to 2018. Some of the key factors that are propelling the growth in the market are increase in aging population, increased research in proteomics and genomics technology, increased awareness and acceptance of personalized medicine and companion diagnostics, and development of biomarker identification.

North America was the dominant market in the global molecular diagnostics market in 2013. The growth in the North American market can be attributed to the increase in incidences of cancer, infectious diseases, and other lifestyle diseases such as diabetes and hypertension. Europe has the second largest share in the market with a high compound annual growth rate. In the future, the Asia-Pacific region is expected to post high growth in the market for molecular diagnostics with rise in economy and increased incidences of lifestyle diseases in the region. Key players in the market are Abbot Diagnostics Inc., Novartis AG, Roche Diagnostics, Beckman Coulter Inc., BioMérieux, Siemens Healthcare, Cepheid Inc, Qiagen, Becton Dickinson and Company, and Hologic Inc.

The global market for molecular diagnostics can be segmented on the basis of technology used, application and product type. On the basis of product type, the market can be segmented as instruments, reagents, and services and software. By application, the molecular diagnostics market can be segmented as infectious diseases, genetics, oncology, microbiology, and blood screening. On the basis of technology, the global molecular diagnostics market can be segmented as polymerase chain reaction, isothermal nucleic acid amplification theory, hybridization, microarrays, and DNA sequencing & next-generation sequencing. Infectious diseases accounts for the largest market share while oncology is the fastest growing segment in the industry. As molecular diagnostics offer advanced analytical techniques to diagnose infectious diseases, it is one of the fastest growing segments. With increased innovation and advancement in technologies, the market for molecular diagnostics is expected to grow in the future.

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Global Dental Implants Market Driven by Demand in Cosmetic Dentistry

The global market for dental implants has been witnessing steady growth in the last couple of years due to increased demand for cosmetic dentistry and rise in incidences of dental disorders. People’s awareness about aesthetic dentistry procedures has increased in recent years, which is also fueling the growth of the dental implant market. With economic growth and rise in disposable income in developing countries, more and more people are now able to afford dental implants. In 2013, the global market for dental implants was valued at 6.4 billion USD and is estimated to grow at a compound annual growth rate of 7.3 percent from 2013 to 2018.

Presently Europe is the largest market for dental implants and it accounts for around 42 percent of the total market share. However, emerging countries such as Brazil, China and India are expected to post high annual growth in the coming years. The global dental implant market can be segmented on the basis of material used, by procedure and geography. According to material, the global dental implants market can be segmented as titanium implants and zirconium implants. On the basis of procedure, the market can be segmented into root-form dental implants and plate-form dental implants. Key players in the dental implants market are Biomet 3i, Ivoclar Vivadent AG, Nobel Biocare Holdings AG, 3M Company, Dentsply International, Zimmer Dental Inc., BioHorizons Inc. and Straumann. Nobel Biocare Holdings and Straumann together accounted for over 35 to 40 percent share of the global dental implant market in 2012.

Technological advancement in the field of dental implants such as CAD/CAM technologies, 3D imaging, nanotechnology-based dental implants, and mini dental implants are key trends in the market. Increase in aging population and rise in medical and dental tourism in developing countries are also propelling the growth of the dental implants market. As more and more dentist become aware of dental implants as a treatment option, the demand for dental implants is rising. However, a declining economy can be challenge to the growth of the economy. The introduction of innovative products such as Bone Level Implant and SLActive dental implant surface technology is also having a positive impact in the growth of the market.

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