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Cardiac Biomarker Market is Expected to Reach $2,085.9 Million by 2020

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According to a new report published by Allied Market Research, titled, “World Cardiac Biomarker – Market Opportunities, and Forecast, 2014-2020”, the global cardiac biomarker market would generate the revenue of $2,085.9 million by 2020, registering a CAGR of 18.9% from 2015 to 2020. Cardiac Troponins (T, I) would continue to dominate the market throughout the forecast period due to high sensitivity and specificity.

To view the report, visit the website at https://www.alliedmarketresearch.com/cardiac-biomarkers-market

Cardiac biomarkers are protein-based traceable substances used as an indicator of biologic state for diagnostic and prognostic purposes associated with cardiac conditions. Commercialization of highly advanced and accurate type of cardiac biomarkers has provided a novel platform for diagnosis of cardiac diseases. Continuous focus on pipeline research and developments from leading players and increased patient awareness across untapped region such as India, China are largely driving the growth of cardiac biomarkers market. The growing application of cardiac biomarkers as point of care (POC) testing facilitate quick results in chronic conditions, thus drives the market growth. However, specificity and sensitivity related concerns of single measurement cardiac biomarkers, premium pricing and certain government regulations would hinder the market growth. Also, the overall market growth would bank on novel progress made in cardiac treatments using multi-assay biomarkers. The lifesaving benefits of these multi-assay biomarkers would foster the revenue generation process as well as market penetration of novel cardiac biomarkers in future.

North America would continue to lead the market owing to high awareness, and favorable healthcare reimbursement policies. In addition, Asia Pacific would emerge as one of the most lucrative regions and would closely follow Europe in terms of revenue. Prime factor fuelling the growth of Asia Pacific region include, presence of large number of undiagnosed cardiac patient, rapid urbanization, rising disposable income, and growing awareness about cardiac disease management programs i.e. quick cardiac checkup (QCC).

Key findings of the study:
Troponin segment is projected as a leading market segment throughout the forecast period
Revenue of myocardial infarction application segment is expected to grow almost three fold by 2020
Laboratory location of testing market segment still dominates the global market
Point of care location of testing segment is projected to grow at a CAGR of 22% during the forecast period
Countries like India and China holds prominent potential owing to higher count of undiagnosed cardiac patients

The principal strategy adopted by the leading players in the market is the product launch. The key companies profiled in the report are Abbott laboratories, Alere Inc., Siemens Healthcare, Roche Diagnostics Corporation, Beckman Coulter, Becton, Dickinson and Company, Thermo Fisher Scientific, BioMerieux, Bio-Rad Laboratories and Randox laboratories.

Capsule Endoscopy Systems Market is Expected to Reach $399.7 Million by 2020

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A new report by Allied Market Research, titled, “World Capsule Endoscopy Systems – Market Opportunity and Forecast, 2014-2020”, the capsule endoscopy systems market would generate a revenue of $399.7 million by 2020, registering a CAGR of 14.8% during 2015-2020. In 2014, wireless disposable capsules segment held around 95% share in the overall market and will continue to dominate the market throughout the forecast period.

To view the report, visit the website at https://www.alliedmarketresearch.com/capsule-endoscopy-system-market

Capsule endoscopy is an advanced non-invasive technique that uses wireless disposable video capsule, workstations and recorders for the diagnosis of gastrointestinal disorders such as peptic ulcers, Crohn’s disease, obscure gastrointestinal bleeding (OGB) among others. The capsule aid in capturing images, which are transmitted to the recorders and analyzed through workstations and software. Capsule endoscopy would gradually replace conventional gastrointestinal monitoring techniques, largely due to the non-invasiveness and convenience. Increasing popularity of varied capsule types such as small bowel, oesophagus and colon, growing aging population and rising incidences of gastrointestinal disorders, are some of the key factors that would largely drive the market growth. On the other hand, unclear reimbursement policies, stringent regulations and high cost of capsule endoscopy systems, would hamper the market growth.

Small bowel diseases segment accounted for the highest revenue in 2014. This was primarily due to large patient population suffering from small bowel disease and established reimbursement for small bowel capsules.

Key finding of the study

Wireless disposable capsules segment is projected to be the fastest growing segment in global capsule endoscopy systems component market, registering a CAGR of ~15.3% during the forecast period
Within target diseases, Colonic diseases segment is projected to register fastest growth during forecast period
Asia-Pacific region is projected to be the fastest growing capsule endoscopy market, registering a CAGR of 15.5% during 2015-2020

North America and Europe collectively accounted for around 83% of the capsule endoscopy systems market revenue in 2014 and are expected to maintain their lead throughout the forecast period. Large patient base, rising healthcare expenditure and quick adoption of innovative technologies are the key factors responsible for market growth in these regions. Key players profiled in this report includes- Given Imaging Inc., Olympus Corporation, IntroMedic Inc., CapsoVision Inc. and Chongqing Jinshan Science & Technology Group Co. Ltd.

World Microwave Oven Market is Expected to Reach $25.4 billion, by 2020 – Allied Market Research

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According to a new report published by Allied Market Research titled, “World Microwave Oven-Market Opportunities and Forecasts, 2014-2020”, the global Microwave Oven market is expected to generate revenue of $25.4 billion by 2020, growing at a CAGR of 6.07% during the forecast period, 2015-2020. Increasing disposable income paired with rising number of working population has majorly contributed to the growth microwave oven market, worldwide.

To view the report, visit the website at https://www.alliedmarketresearch.com/microwave-oven-market

The microwave oven market primarily includes three main types of ovens which include convection, grill and solo microwave oven. The convection microwave oven holds the largest market share in the global microwave oven market. Whereas, grill microwave ovens occupy the second position, with 30% of the overall market share. Solo microwave ovens are used for cooking and heating purposes. However, they are not capable of providing browning and crispiness to the food as they are not equipped with grilling features. The convection microwave oven is equipped with heating element and a fan, hence is used for cooking and baking purposes. These factors would largely drive the global convection microwave oven market, during the forecast period to generate an expected revenue of $12.54 billion by 2020.

With respect to application, household segment accounted for larger market share and is anticipated to grow at a higher rate as compared to the commercial segment. Increasing propensity of consumers to spend on appliances which assist them in kitchen chores, would drive the growth of household microwave oven segment. The market has also been analysed from the perspective of microwave oven structure type. Counter top microwave oven accounts for major share of the microwave oven market. However, the built-in microwave oven segment is expected to grow at a higher CAGR of 6.9% during the forecast period. Adoption of modular kitchen and increased purchasing power of individuals would foster the growth of built-in microwave oven segment.

Geographically, North America accounts for the highest revenue generating region in the global microwave oven market. Developing regions such as Asia-Pacific would foster the growth of the global microwave oven market. The rise in disposable incomes and purchasing power of consumers, are key factors that have boosted the demand for smart appliances/ microwave ovens, in this region. Moreover, rising working class and growing food service establishment are also some of the factors contributing to the growth of the global microwave oven market. Microwave ovens are being increasingly adopted by commercial businesses such as catering, hotels and restaurants in an effort to cater the customers efficiently and provide them with swift food services.

Key findings of the study:

  • The global microwave oven market is growing as a result of the increasing disposable income, changing living standard of consumers and rise in working class segment
  • Convection market is the major contributor to the microwave oven market, growing at a CAGR of 6.54% during 2015-2020
  • The household microwave oven market would grow at a CAGR of 6.43% during the forecast period
  • North America enjoys the largest share in the global microwave oven market
  • Asia-Pacific would prove to be one of the most profitable markets, in terms of growth

Growth of the microwave oven market growth is supplemented by factors such as increasing disposable incomes, growing working class, and changing lifestyles, especially in the developing regions. Companies like Samsung, AB Electrolux, Life is Good (LG), are coming up with new and innovative appliances that are equipped with numerous features, consume less energy and are compact in size. Companies are adopting product launches, acquisitions and partnerships as their key strategies, in order to expand their reach and gain a bigger market share. Prominent companies profiled in the report include Samsung Electronics, AB Electrolux, Hoover Limited, Sharp Corporation, Illinois Tool Works Inc. (ITW), Whirlpool Corporation, Galanz Enterprise Group, LG Electronics, Alto-Shaam Inc. and Panasonic Corporation.

Footwear Market is Expected to Reach $371.8 Billion, Worldwide, by 2020 – Allied Market Research

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According to a new report by Allied Market Research titled, “World Footwear – Market Opportunities and Forecasts, 2014 – 2020”, the global footwear market is estimated to garner revenue of $371.8 billion by 2020, registering a CAGR of 5.5% during 2015–2020. The Asia Pacific region is a major exporter of leather footwear to the United States and United Kingdom and ranks as the highest revenue generating region in the footwear market worldwide. The region generated a revenue of $116.9 billion in 2014, and is expected to grow at a CAGR of 4.7% during the forecast period. A global increase in disposable incomes, growing urbanization and changing lifestyles are key factors that boost the growth of the global footwear market.

To request more information about the report, visit the website at: https://www.alliedmarketresearch.com/footwear-market

Athletic and non-athletic are the two major types of footwear, wherein non-athletic footwear holds a larger market share in comparison with athletic footwear. Both the segments would witness growth during the forecast period, on account of the growing consciousness of fitness, which subsequently boosts the market of athletic footwear; and the large demand of non-athletic footwear such as casual shoes, boots, sneakers, slip-ons, flip flops and formal shoes.

The raw materials that are commonly used in the manufacturing of footwear include suede leather, tanned leather, rubber, fur and textile fabrics. Leather footwear accounts for larger market share as compared to the non-leather footwear made of materials such as rubber, textile fabrics and similar others. The United Kingdom and United States are major importers of leather footwear.

Further, the analysis of footwear market reveals that the segment of women footwear dominated the end- user segment, accounting for 50.5% market share in 2014. The segment would continue to maintain its leading position throughout the forecast period. The segment of children footwear would witness the fastest growth during the forecast period, on account of the large demand for stylish, trendy and fancy footwear for children.

Presently, retail stores are a significant sales channel for manufacturers, however, with growing e-commerce networks, the online platform would gain popularity over the forecast period.

Key findings of study

  • Increasing disposable incomes and changing lifestyles are some key factors that influence the market growth over the forecast period (2015 – 2020)
  • Leather segment accounted for around 60% of the market in 2014 and would continue to dominate the market throughout the analysis period; Non-leather segment, with relatively smaller market share would witness faster growth during 2015 – 2020
  • Asia Pacific accounts for the highest revenue generating region in the global market and would continue to lead the market over the forecast period

Product launch and partnerships are the two key strategies adopted by leading market players. Additionally, the market players are constantly in the process of conceptualizing effective strategies for marketing and branding their products across global events such as the Olympics, Formula One Grand Prix and Wimbledon among others.  The key players profiled in this report are Nike Inc., Adidas AG, PUMA, GEOX S.p.A, SKECHERS USA, Inc., Under Armour, INC., Wolverine World Wide, Inc., Timberland, Crocs Retail, Inc., and ECCO Sko A/S.

Anti-Counterfeit Clothing and Accessories Packaging Market is Expected to Reach $20.5 Billion, Globally, by 2020 – Allied Market Research

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A new report by Allied Market Research, titled, “Global Opportunity Analysis and Forecast for Anti-Counterfeit Clothing and Accessories Packaging Market, 2014 -2020 Market“, forecasts the global anti-counterfeit clothing and accessories packaging market to grow at a CAGR of 9.9% during 2015-2020. Track and trace technology would be the fastest growing segment registering a CAGR of 11.5% from 2015 to 2020. Barcode segment led the global track and trace technology market with about 74% market share in 2014.

Clothing and fashion accessories accounts for significant share of counterfeiting with over 10% of world trade in fashion is estimated to be counterfeit. According to the World Customs Organizations, in Europe counterfeit fashion leads to losses of about $8 billion in value. Moreover, the potential counterfeiting of clothing & accessories would rise further with fast growing fashion goods sales through E-commerce, which now accounts for about 25% of overall fashion goods sales in 2014. It is estimated that the number of counterfeit goods sold online will surpass the number sold by street vendors.

To view the report, visit the website at https://www.alliedmarketresearch.com/anti-counterfeit-clothing-and-accessories-packaging-market

Anti-counterfeit labeling has a potential to become standard part of garments packaging process thereby boosting brand protection. In order to secure high-end luxury products, track and trace technologies is regarded as one of the promising solutions. Within the track and trace technologies market, Barcode will continue to be the highest revenue-generating segment through 2020. This technology would gain further momentum owing to its economic pricing compared to other track and trace technologies. However, consumer reluctance to the adoption of anti-counterfeit technologies owing to its extra cost, and high cost of real-time tracking (RFID) are some of the factors impeding the growth of anti-counterfeit technologies in fashion and luxury goods industry. Growing demand for multi-layered authentication technologies especially in securing premium fashion accessories, is providing a boost to the conventional anti-counterfeit technologies. Hologram + ink and dyes is one of the popular approaches adopted for clothing product authentication.

Key finding of the study:

  • Hologram authentication technology segment is expected to witness a stable growth over the forecast period
  • North America would continue to lead the global market throughout the forecast period closely followed by Europe
  • Asia-Pacific is projected to be the fastest growing market at CAGR of 10.9% during 2015-2020

North America and Europe collectively held about 84% of the total revenue in 2014. These regions have the highest number of consumers of anti-counterfeit technologies used in clothing industry due to presence of high brand preference environment. Higher adoption rates of track and trace technologies by the manufacturers and active measures from anti-counterfeit trade associations largely contribute to the growth of market in these regions. Asia-Pacific would be the fastest growing region, largely supplemented by small-scale clothing industries seeking to establish their brand image in the local market.

Leading players operating in this market are adopting product launch as their key developmental strategy. Key players profiled in this report are Alien Technology Corp., AlpVision, Zebra Technologies Corp., Avery Dennison Corp., Microtrace Solutions, Impinj Incorporation, Applied DNA Science Inc., Brand Integrity International and RDS Labels.

Packaged Food Market is Expected to Reach $3.03 Trillion, Worldwide, by 2020 – Allied Market Research

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According to a new report by Allied Market Research titled, “World Packaged Food – Market Opportunities and Forecasts, 2014 – 2020“, the global packaged food market is expected to garner a revenue of $3.03 trillion by 2020, registering a CAGR of 4.5% during 2015 – 2020. The segment of non-alcoholic drinks dominated the overall packaged food market due to the large demand of ready to drink (RTD) beverages, globally. Baby food stands out as the fastest growing segment, primarily driven by the growing awareness towards modern care practices in baby health and food hygiene, primarily, in the developing nations. Presently, North America is the highest revenue generating region in the global market and would continue to maintain its dominant position throughout the analysis period. However, in terms of growth, APAC region would be the fastest growing market, expected to grow at a CAGR of 5.4% during 2015 – 2020.

To request more information about the report, visit the website at: https://www.alliedmarketresearch.com/packaged-food-market

Packaged foods include ready meals, baked foods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionary, cheese, yogurt, ice cream, “sauces, dressings & condiments” and non-alcoholic drinks. Among these food products, the segment of non-alcoholic drinks, and baked foods together contribute to nearly 3/4th of the market, in terms of value. The dominance of these product categories in the market is primarily supplemented by the global demand for baked food (including food products such as cake, pastries and bread) and drink products (carbonated and non-carbonated). RTD beverages contribute for a major share in the non-alcoholic drinks market and has witnessed remarkable growth and acceptance in the APAC countries over the last decade. Further, bottled water, is now witnessing tremendous growth in developing nations where growing per capita income, health awareness and changing lifestyles has significantly boosted the demand for packaged and purified water.

Baby food would be the fastest growing market followed by the market of yogurt and nuts. Growing demand for yogurt drinks is the key factor propelling the yogurt market growth. The increasing consumption of nuts as raw food, and the growing awareness of its nutritional benefits, are key factors that boost the demand for nuts.

Geographically, North America leads the global packaged food market, followed by Europe. Asia Pacific and LAMEA are the most promising markets for packaged food.

Key findings of the study:

  • The growth of the packaged food market worldwide is largely attributed to growing demand from emerging economies
  • The segment of baby food and yogurt would register a rapid CAGR of 6.4% and 6.0% respectively, during the forecast period of 2015 – 2020
  • Asia Pacific would register the fastest CAGR of 5.4% during 2015 – 2020, primarily driven by the growing per capita incomes and increasing health awareness – China and India would exhibit significant market growth for packaged food products

The companies in this market are actively acquiring customers’ insights and preferences to gauge on the potential market requirements. Key players operating in this market are primarily focusing on acquisition and partnerships to strengthen their market presence. Nestle, was among the first companies to establish its R&D center in India. Also, in the processed food division, Tyson Foods acquired The Hillshire Brand Company, and partnered with Godrej Foods India to work on new product launches. Kraft Foods entered into a merger with the global ketchup giant Heinz, with the objective to diversify its business.

Global Potential Analysis of Ebola drug and Vaccines (Pipeline analysis, Drugs, Vaccines, and Geography) Market is Expected to Reach $56 million by 2020

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The new report by Allied Market Research titled, “Global Potential Analysis of Ebola drug and Vaccines Market (Pipeline analysis, Drugs, Vaccines, and Geography) through 2020”, anticipates that the Ebola Virus Disease (EVD) vaccines would gain a market value of $56 million by 2020. The rampant growth of the disease in the under developed economics and increasing awareness among people about life threatening EVD disease has motivated healthcare authorities to introduce novel therapeutics.

Get the full access of the report at  http://www.alliedmarketresearch.com/ebola-therapeutics-vaccines-market

Ebola, an orphan disease, has affected more than 20,000 people in the African countries as of now. Recurring outbreaks of Ebola in under developed region and lack of effective therapies are factors that drive the need for Ebola drugs and vaccines. The perennial outbreak of Ebola has given rise to a renewed interest among healthcare authorities in finding effective therapies. To control the EVD, the government authorities are supplying funds to pharmaceutical companies for research and development of EVD drugs and vaccines. As an example, government of the United States, through the FDA, has granted “Fast Track” designation to the Tekmira’s TKM Ebola drug and has funded $140 million through the Department of defense, United States, for R&D on EVD. According to AMR analyst, Roshan Deshmukh, “The prime focus of the companies is to commercialize the drugs and vaccines for EVD disease. The government authorities across the developed regions are extending support for the commercialization of these drugs by providing funds and floating favorable policies”.

Normal symptoms such as simple viral fever are initially observed in patients infected with EVD’s; however, at later stages, the consequences of these symptoms become deadly and leave no space for recovery. In United States, EVD is termed as Quarantinable Communicable Diseases under section 361(b) of the Public Health Service Act. This report tracks such key regulatory road maps and anticipated regulations in future by respective administrations. The report also focuses on the grass root ethical implications faced by players during clinical trials and other commercial activities.

Developed economies are interested in formulating therapeutics that can significantly minimize threats from Ebola virus. Companies operating in this market are currently focusing on clinical trials as a key strategy. The commercialization of Ebola therapeutics is the prime focus of healthcare systems, as there are no specific medications available in the market. Companies profiled in the report are Tekmira Pharmaceuticals, BioCryst Pharmaceutical Inc., Serepata Therapeutics, NewLink Genetics Corp and Mapp Biopharmaceutical.