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Continuous Glucose Monitoring (CGM) Market will Reach $568.5 Million Globally by 2020 – Allied Market Research
According to the new market research report titled “Continuous Glucose Monitoring Market (CGM Systems, Application, Diabetic Type, and Adoption by Age Group) – Current Trends, Size, Share, Industry Analysis, Competitive Intelligence, Growth, Opportunities and Global Forecasts, 2012 – 2020” by Allied Market Research, the global continuous glucose monitoring (CGM) market is projected to reach $568.5 million by 2020 from 2012 value of $194.8 million growing at a CAGR of 14.8% during 2013 – 2020. The major factors driving the market growth are convenience offered by CGM over conventional glucose monitoring devices, earlier detection of the hypo and hyperglycemic events, rise in incidences of diabetes cases globally, and awareness among global population.
The complete report is available at http://www.alliedmarketresearch.com/continuous-glucose-monitoring-cgm-market
“The market is overcoming several challenges towards the commercialization of closed loop CGMs with significant focus on technological innovation. This is expected to take the concept of CGM to a next level from research to mass adoption” noted AMR analyst Debbie Shields. Despite such encouraging innovations, commercialization has not reached to desired levels. Major factors responsible for this are issues related with accuracy as well as cost, less attractive reimbursement coverage, and strict regulatory impositions. “However, the under commercialization is presenting opportunities for the marketers as new and innovative products will easily take the advantage of lower product presence” Debbie explains. The impact of FDA approval for artificial pancreas, superiority of CGMs over self-monitoring devices and rise in diabetes cases will have significant impact on the overall market growth.
The market is categorized into CGM devices, application, type of diabetes, and on the basis of age. In the CGM application market, home settings was largest revenue generating segment in 2012. CGM application in hospitals is expected to emerge to be the most attractive segment in the overall application market during the forecast period.
In the overall market, largest revenue is projected to be generated from glucose sensors. This is mainly due to the fact that more improvement is expected in the sensors during forecast period.
Transmitters and receivers market accounted for the largest share of revenue of the overall Global continuous glucose monitoring systems market at $88.5 million in 2012. However, Glucose sensors market will surpass transmitters & receivers and attain a market size of $235.9 million by 2020 growing at a CAGR of 15.3% during 2013-2020. Insulin pumps segment is expected to have the highest growth rate during the analysis period.
North America region accounted for the largest share of revenue of the overall global continuous glucose monitoring systems market in 2012, whereas Asia Pacific will have the highest growth rate during the analysis period.
The report analyzes 2011, 2012 market and forecast demand for continuous glucose monitors through 2020. Companies profiled in this report include Medtronic Inc., Dexcom Inc., Novo Nordisk, Spring Health Solution Ltd, Roche, Animas Corporation, Ypsomed AG, and Insulet Corporation.
Allied Market Research today announced the most critically analyzed report titled “Global Smart Homes, Buildings (Energy Efficient, Automated) Market (Applications, Technologies, Products and End-User), Size, Share, Trends, Analysis, Research, Future Demand, Scope and Forecast, 2013 – 2020″. The study concludes that the global smart home and buildings market is expected to grow at a CAGR of 29.5% between 2012 and 2020. The market revenue of $4.8 billion in 2012 is expected to grow up to $35.3 billion by 2020. The main drivers for the growth of the market are government regulations, rising energy costs and raising awareness with respect to environmental concerns.
Get Full Access of the Report at http://www.alliedmarketresearch.com/smart-home-automated-building-market
Energy efficiency has become the need of the hour as the global energy cost is increasing owing to the ever growing demand and environmental concerns of greenhouse gas (GHG) emission. The construction business is embracing the energy efficiency trend and using building automation system to meet the growing demand for energy efficiency in smart homes and buildings. The global smart, automated and energy efficient homes and buildings market report published by Allied Market Research discusses the in-depth analysis of this market which includes the drivers, restraints and opportunities for its growth.
The revenue of safety and security application is expected to reach $6,132.4 million by 2020 with an expected CAGR of 34.6% from 2013 to 2020. “This market is expected to evidence significant growth due to growing security concerns and enhanced safety features that smart automation systems can currently offer. With an increase in the working population, safety concernswith respect to aged parents and children is the biggest challenge. Smart home address these issues with highly-sophisticated remote monitoring technologies.” states Shreyas Naidu.
However, there are some factors such as high upfront cost and lack of standards and interoperability which are expected to act as restraints for the market growth. North America is expected to generate revenue of $12.4 billion by 2020 growing at a CAGR of 25.9% from 2013 to 2020. However the Asia-Pacific is a high-opportunity market that is expected to grow at a CAGR of 37.7% from 2013 to 2020.
The report has profiled some of the key players of the market such as Cisco Systems, Control4 Corporation, Emerson Electric Co. Leviton, Honeywell International, LG Electronics, Schneider Electric, Siemens Buildings Technologies, Smarthome Inc., and United Technologies Corporation (UTC).The report also discusses the key strategies used by these companies to have a sustainable growth in the market.
Global Real Time Locating Systems (RTLS) Market Expected to Reach $43.7 Billion by 2020 – Allied Market Research
According to a new market research report titled “Real Time Locating Systems (RTLS, RFID, Bluetooth, Wi-Fi, UWB, GPS, IR, NFER, ZigBee and Emerging Technologies) and Application (Manufacturing, Healthcare, Transportation & Logistics, Retail, Public Safety and Defense) Market – Global Industry Analysis, Size, Growth, Share, Trends, and Forecast, 2012 – 2020” by Allied Market Research, the global Real Time Locating Systems (RTLS) market was worth $11.7 billion and it is expected to grow to $43.7 billion by 2020 at a CAGR of 20.7% from 2013 to 2020.GPS has emerged as a market leader among all RTLS technologies surpassing active RFID and it is expected to grow at a CAGR of 23.8% between 2013 and 2020 to reach market revenue of $15 billion in 2020. The higher adoption of GPS technology can easily be attributed to itsenhanced accuracy levels and application in tracking high valued assets such as airplanes and cargo ships.
Get the full access of the report at http://www.alliedmarketresearch.com/real-time-locating-systems-RTLS-market
“The RTLS market is in its transitionphase with increasing adoption of GPS and Wi-Fi technologies in comparison to conventional RFID. Real time locating technologies gained importance due to its application in inventory management and security. Moreover, increasing innovations in RTLS market has extended the application of real time locating technologies in tracking high value assets with higher precision rates than ever” state AMR analysts Shreyas Naidu and Bryan Olson. “In addition, Government departments have great interests in the RTLS market as it offers intuitive solutions for public safety and military operations”.
Privacy concerns have always been and are expected to be the biggest concern for real time locating systems market. However, stringent regulations such as GPS act, and bills such as Stalking Apps Bill are driving the adoption levels. Human resource tracking in business organizationsis gradually gaining importance to improve efficiency.However, adoption among the users is still a key concern, which has definitely improved over the years. Various privacy regulations such as the General Data Protection Regulation to be formulated by 2014, and to be implemented by 2016 by European Union, may resolve this concern to an extent.
This report segments the global RTLS Market into applications and technology. The technology market is further segmented into Radio Frequency Identification (RFID), Global Positioning System (GPS), Wi-Fi Infrared, and Bluetooth and the GPS market is the leader. The application market consists of manufacturing, healthcare, transportation and logistics, retail and other application. Healthcare market accounted for the largest share of revenue of the overall global RTLS application market at $24.3 billion in 2011. However, retail application market segment is projected to have the highest CAGR at 24.9% from 2013 to 2020.
The U.S. has been an early adopter of the RTLS and accounted for maximum revenues in 2012; however, the Asia Pacific region is projected to have the highest growth rate of 23% for the forecast period. The study also offers an updated review and SWOT analysisfor the major market participants such as CenTrak, Ubisense, Radianse, Identec, Ekahau, Honeywell Scanning & Mobility, Motorola Solutions and RF Code.
Allied Market Research today published a new market research report titled “In Vitro Fertilization (IVF) Market – Size, Share, Trends, Opportunities, Global Demand, Insights, Analysis, Research, Report, Company Profiles, Segmentation and Forecast, 2013 – 2020.” As per the study, the global IVF market is expected to grow at a CAGR of 11.6% between 2013 and 2020. The market revenue of $9.3 billion in 2012 is estimated to grow up to $21.6 billion by 2020. Rising rate of infertility is the key factor driving the growth of the IVF market. In addition, rising awareness has led to increase in egg donation. For instance, in the U.S., the number of egg donation cycles has increased from 11,000 in the year 2000 to 18000 in 2010.
Get Full access of the report at http://www.alliedmarketresearch.com/in-vitro-fertilization-market
Medical tourism is providing an excellent opportunity for the growth of this market. The cost of IVF in New York is approximately around $10,000- $15,000 and the same costs up to $6000 in Thailand. Developing economies are emerging to be the most preferred destination for IVF treatments with increasing focus on advanced technologies, improving health care infrastructure and favourable health care cost. Globally, around 30 countries have some form of Assisted Reproductive Techniques (ART) with certain limitations. Few countries such as Israel, Belgium and France offer comprehensive reimbursement schemes.
Intra cytoplasmic sperm injection (ICSI) as a technique is promising significant opportunities. “ICSI has been successfully performed even in complex situations where there are multiple factors responsible for infertility among both male or/and female patients. Moreover, this has been best suitable for those who have had repeated failure through conventional IVF procedure.” quote Debbie Shields and Rohini Patil.
However, major restraint in the IVF market is the cost factor. The total cost of the treatment depends on the number of cycles, cost of the procedure, drugs and hormones. The average cost of the IVF treatment is about $10,000- $20,000. Europe is expected to generate revenue of $8 billion by 2020 growing at a CAGR of 10.2% during 2013 to 2020. However, Asia-Pacific is a high-opportunity market that is expected to grow at a CAGR of 17.1% from 2013 to 2020.
The report has profiled some of the key players of the market such as Vitrolife AB, EMD Serono Inc, Irvine scientific, Cooper Surgical Inc, Cook Medical Inc, Thermo Fisher Scientific Inc, Genea Biomedx, Auxogyn, Inc, Oxford Gene Technology and Ovascience.
mHealth market is Expected to Reach $58.8 Billion Globally by 2020 According to Allied Market Research Projections
Allied Market Research today announced the most comprehensive and strategically analyzed report titled “mHealth Market (Devices, Applications, Services & Therapeutics) – Global Mobile Healthcare Industry Size, Analysis, Share, Growth, Trends and Forecast, 2012 – 2020”.
Get the full access of the report at http://www.alliedmarketresearch.com/mobile-health-market
The studyobserved that the global mHealth market wasvalued at $6.7 billion in 2012 and is estimated to reach $8.3 billion by the end of 2013. With growing per capita healthcare expenditure both in developed and advanced developing countries, the mobile healthcare market is further projected to reach 58.8 billion by 2020, at a CAGR of 32.3% from 2013 to 2020.
“Per capita expenditure on healthcare in developed economies is increasing at a faster rate than inflation and income levels, chiefly due to ageing population and chronic diseases which are lifestyle driven,” note Allied Market Research analysts James Franco and Yojana Jeevane. “However, there has not been corresponding improvement in the quality of healthcare services delivered, especially in developing regions. Additionally, developing economies are even struggling to provide healthcare access at every level to their people”, explains the analysts.
On contrary, ubiquitous access of smart mobile devices globally has enabled diagnostic and monitoring devices to render seamless healthcare services. Thus, this market is expected to grow at a significant pace in the next seven years. This projection is backed by the fact such as due to technological advancement integration of wireless technology with the portable healthcare devices is feasible, increasing incidences of lifestyle diseases, cost and convenience factors, government initiatives, affordability of smart phones.
However, weak reimbursement policies, lower adoption due to lack of accuracy and technology infancy and uncertainty in the government regulations is expected to hinder the growth rate. Moreover, untapped markets in developing economies provide a lot of growth opportunities for this market due to increase in adoption of mHealth services to control the spread of communicable as well as non-communicable diseases. Such challenges can be very well taken by adoption of mHealth devices and services as they work irrespective of location and skilled professionals. The only mandatory requirement is the mobile access and a smart phone.
This report segments the global mHealth Market on the basis of devices, services, stakeholders, and therapeutic areas. The global mHealth devices market is forecast to reach market value over $1.5 billion in 2013 from $0.8 billion in 2011. The contributory factors for this growth is high revenue generated from blood glucose meters, cardiac monitors and BP monitors in descending order. The services market is projected to grow over $6 billion by 2013 from 2011 market values of $4 billion mainly due to increase in revenues generated from monitoring and diagnostic services. In stakeholders market study mobile operators as well as device vendors will account for more than 75% of the overall market share by 2020.
The geography market assessment signifies that Europe along with North America will account for about 55% of the overall market revenue in 2013 and may reduce with growing demand in Asia Pacific region. The study also offers an updated review on the present major market player such as manufacturers of mobile medical devices, and mobile network providers; which also includes description of relevant recent developments activities. Companies profiles in this report includes Philips healthcare, Omron HealthCare Inc., Bayer Healthcare, LifeWatch, Cardionet Inc., Masimo Corporation, Sanofie, Boston Scientific, AT&T Inc., and Johnson & Johnson.