forecast

Nurture is as important as nature when it comes to IVF, scientists find…

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UK IVF Services Market

According to a new report published by Allied Market Research titled, UK IVF Services Market by End User and Cycle Type: Opportunity Analysis and Industry Forecast, 2014-2022, the UK IVF services market is estimated to reach $685.4 million by 2022, registering a CAGR of 7.7% from 2016 to 2022.

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The UK IVF services market is characterized by important factors such as increase in cases of infertility, delayed marriages, and parenthood decisions. In addition, decrease in birthrate also boost the market growth. For instance, in 2014 total fertility rate decreased to 1.83 per woman from 1.85 in 2013. The IVF services market in the UK is anticipated to experience a continuous growth due to supportive regulatory bodies such as Human Fertilization and Embryo authority (HFEA), which closely regulates the functioning of IVF treatments and research involving human embryos in the UK supplements the market growth. The growth of the market is associated with decrease in birthrate, increase in infertility, and supportive regulations for IVF treatments.

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The fertility clinics segment is anticipated to dominate the market during the forecast period in terms of volume and revenue. This is because the fertility clinics provide technologically advanced and wide range of fertility treatments under one roof for patients.

Key Findings of the UK IVF Services Market:

  • Based on cycle type, fresh IVF cycles (non-donor) is projected to be one of the fastest growing segment at a CAGR of 8.3% from 2016 to 2022, in terms of revenue
  • Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 8.9% from 2016 to 2022, in terms of revenue
  • Based on cycle type, fresh IVF cycle (non-donor) is projected to be the one of the fastest growing segment at a CAGR of 7.6% from 2016 to 2022, in terms of volume
  • Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 8.2% from 2016 to 2022, in terms of volume

Key players in the UK IVF services market includes companies, hospitals, surgical centers, fertility centers, and clinical research institutes. These includes Lister Fertility Clinics, The Bridge center, and Chelsea and Westminster Hospital.

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Nanocoatings Industry is Set to Boom in 2022

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Increased application of nanocoatings in electronics and automobile industries is expected to offer lucrative opportunities for the global nanocoatings market. Asia-Pacific dominated the market in 2015 due to rise in disposable income resulting in the high standard of living.

Nanocoatings Market Report, published by Allied Market Research, projects that the global market was valued at $3,327 million in 2015, and is expected to reach $13,094 million by 2022, growing at a CAGR of 21.0% during the forecast period. The self-cleaning (bionic & photocatalytic) segment was the largest contributor to the global nanocoatings market in 2015. In the same year, North America held the leading position, and is expected to continue its dominance in the future.

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Nanocoatings offer various benefits such as protection from whether conditions, abrasion resistance, and UV resistance, thus fueling their adoption globally. Self-cleaning segment (bionic & photocatalytic) generated the highest revenue in 2015, as these type of nanocoatings possess the ability to clean themselves by undergoing chemical changes. They are made up of nanoparticles that show super-hydrophilic and super-hydrophobic surfaces, which offer them the self-cleaning ability.

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The electronics segment accounted for the highest revenue in 2015, as electronic components need to be protected from environmental conditions that may reduce their efficiency. These nanocoatings are also used in applications such as the automotive, textile, and construction industries, owing to their anticorrosion, anti-microbial, and easy cleaning properties.

Key Findings of the Nanocoatings Market:

• The electronics application occupied the highest share in 2015, and is expected to grow at a CAGR of 21.0%, in terms of value, during the forecast period.
• North America is the leading consumer of nanocoatings, accounting for approximately more than two-fifths share of the global market, followed by Europe.
• Anticorrosion segment is expected to witness the highest CAGR of 36.4% during the forecast period.
• Automotive & construction segment accounted for one-fourth of the global nanocoatings market in 2015.
• U.S. is the leading market in North American, growing at a CAGR 21.4%.

North America accounted for the largest market share in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR of 23.3% during the forecast period. Utilization of nanocoatings for the prevention of infections due to unhealthy surroundings is expected to increase the demand for nanocoatings from the healthcare industry. Steady growth in the automotive and construction industries in China and India is expected to increase the demand for nanocoatings in the Asian market.

The prominent players profiled in this report include Buhler AG, Nanogate AG, Nanophase Technologies Corporation, Bio-Gate AG, Admat Innovations, Surfix BV, Nanomech Inc., EIKOS Inc., CIMA Nanotech, and Duraseal Coatings Company LLC.

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It’s Time For New Vision – Smart Polymers Industry On The Move

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Upsurge in demand for smart polymers in numerous applications (owing to its exclusive environmental responsive property and increasing research activities) are the prime drivers of the market. However, high cost associated with the use of smart polymers is projected to hamper the market growth during the forecast period.

Smart Polymers Market Report, published by Allied Market Research, projects that the global market was valued at $1,250 million in 2015, and is estimated to reach $3,070 million by 2022, growing at a CAGR of 12.6% from 2016 to 2022. In 2015, physical stimuli responsive segment held almost half of the share of the total market.

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Smart polymer is a subject of great interest for institutional and industrial research. Properties of these polymers such as shape, mechanical properties, phase separation, permeability, and electrical properties changes in response to small variation in environmental conditions. These polymers are widely used in biomedical & biotechnology applications such as drug delivery, tissue engineering, and cell culture support. The extensive research and novel qualities of these polymers has shown significant growth in the market, and is expected to provide lucrative opportunity in the near future.

The growth of the global smart polymers market is driven by the rise in need for efficient & economical drug delivery system, innovative use of smart polymers in the automobile industry, and significant reversible phase transition property of smart polymers. Development of smart polymers from renewable feedstock and increase in awareness about smart polymers in future are expected to provide significant growth opportunities to the industry players. However, high R&D cost increases the overall cost of smart polymers, which is anticipated to hamper the market growth during the forecast period.

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Physical stimuli responsive is the leading segment which are sensitive to environmental factors such as temperature, light, electric field, magnetic field, and mechanical stress, which are widely used as safe polymers in drug delivery and biomaterials.

Shape memory polymer type segment generated the highest revenue in 2015, with almost half of the total market share, followed by self-healing polymer segment. Shape memory polymers retain their original shape at the culmination of the environmental stimulus. These polymers are used in wide range of applications such as surgical fixation, telecommunication, clothing, automotive, and robotics.

Biomedical & biotechnology application segment dominated the global market with more than two-fifths of the global smart polymers share in 2015. Smart polymers are used in multiple biomedical applications such as drug delivery, tissue engineering, bio-separation, biocatalyst, and others.

Key Findings of the Smart Polymers Market:

• In 2015, North America dominated the global market with around one-third of the share, in terms of revenue.
• Chemical stimuli responsive segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 12.8% from 2016 to 2022.
• Asia-Pacific is projected to grow at a highest CAGR of 13.4%, in terms of volume.
• Textile application segment is projected to grow at a highest CAGR of 13.0%, in terms of revenue.
• Self-healing type segment shows the highest growth rate, in terms of revenue, registering a CAGR of 12.9%.

In 2015, North America was the leading region, owing to the increase in research activities and growth in technological advancement for biomedical application. Furthermore, Asia-Pacific is projected to show the highest CAGR of 12.8%, followed by Europe at a CAGR of 12.7% from 2016 to 2022.

The major companies profiled in the report include Covestro AG, BASF SE, Saudi Arabia Basic Industries Corporation (SABIC), Akzonobel, Nippon Shokubai, FMC Corporation, Autonomic Materials Inc., Advanced Polymer Materials Inc., Lubrizol Corporation, and Nexgenia Corporation.

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Global Warehouse Management System Market to Garner $3,112 Million, by 2022

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Warehouse Management System Market Report, published by Allied Market Research, forecasts that the global market size is expected to garner $3,112 million by 2022, growing at a CAGR of 15.2% during the period 2016-2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.

By component type, software held the highest marketsharein2015, and services is anticipated to show the highest growth rate. Among the various industry verticals, transportation & logistics is projected to dominate the market. However, pharmaceuticals industry is expected to have the fastest growth rate.

Asia-Pacific is estimated to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.

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Fig.  WMS Market segmentation

Improved supplier and customer relationships
WMS reduces the delivery lead times and errors while processing the orders. The suppliers seek greater efficiency and productivity while implementing WMS, which strengthens the supplier‐customer relationships, and is a notable driver for the WMS market. The impact of this factor was remarkable during 2015, and is projected to significantly rise over the forecast period.

Costly deployment of WMS solutions

Inherent challenges associated with implementation of the distribution software such as lack of process standardization in distribution, less business savvy users, high rate of simultaneous active transactions, materials handling interface requirements, and other factors result in resource monopolization, cost overruns, and operational disruption risks. Smaller facilities with lower headcounts find WMS solutions too expensive to deploy. Many such firms rely on memory-based processes, antiquated systems, and paper-based warehouse operations. In the year 2015, the impact of this factor was prominent; however, due to technological advancements, this impact is predicted to decline over the forecast period.

Emergence of SaaS-based on-demand WMS solutions
The smaller firms and other companies seek for less capital investments and greater flexibility. The on-demand supply chain execution is expected to gain larger share of the market over the forecast period. Smart Turn, a WMS vendor, was among the first companies to promote this model. Several suppliers have provided their software as a service to get a foothold in the market. The impact of this factor was notable in 2015, and is expected to increase over the forecast period.

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 Key findings of the Warehouse Management System Market:

  • Software is expected to exhibit a significant growth in the WMS market due to growth in adoption of this technology in the logistics industry.
  • Transportation & logistics industry generated the highest revenue among other industry verticals pertaining to increase in adoption of WMS.
  • Europe is projected to exhibit a substantial growth during the forecast period.
  • Several industry players adopt partnership and product launch as their key strategies to offer innovative products and services & solutions to attain a higher market share.
  • The dominant players include Oracle Corporation, SAP SE, Infor Inc., and Manhattan Associates Inc., and others.

 

Automated Material Handling Equipment Market to Reach $39,060 Million Globally, by 2022

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Automated Material Handling Equipment Market: Global Opportunity Analysis and Industry Forecast, 2014 – 2022, projects that the global automated material handling equipment market size is expected to reach $39,060 million by 2022. Robotic systems dominated the global market in 2015, and is expected to maintain this trend from 2016 to 2022. Europe is expected to dominate the market throughout the forecast period due to increase in demand for automated technologies in manufacturing industries.

Automated material handling equipment (for example robotics systems) witnessed a higher demand owing to increased need for automation in industries, such as e-commerce, automotive and food & beverages due to reduced operational costs, improved supply chain process, and reduced labor costs. Moreover, technological advancements such as the introduction of vision guided navigation technology, which allows the vehicle to follow the route without any human intervention, has further strengthened the market growth for automated transport equipment. In addition, the demand for energy efficient and eco-friendly robotics systems are expected to increase the demand for automated material handling equipment. However, high initial installation costs of such systems could hamper their market growth.

Major types of automated material handling equipment sought by the customer industries include automated guided vehicles, automated storage & retrieval systems, automated crane, robotics systems, and automated conveyor & sortation systems. Robotics systems constitute the highest market share of 30.7% in 2015 owing to high accuracy, superior efficiency, and reduction in product damage offered by pick and place robot systems. Automated conveyor systems accounted for one fifth of the market share in 2015, and is likely to reach $7,596 million by 2022 at a CAGR of 6.5%.

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Automated materials handling systems are used in various applications such as assembly, transportation, distribution, storage, and waste handling. Among these, storage application accounted for the largest market share in material handling equipment industry accounted for around 26.2% market share in 2015. Storage systems are space efficient, increases storage capacity, and improves inventory control system.

Based on system type, the AMH equipment market is divided into unit load material handling system and bulk load material handling system. Unit load material handling system accounted for the largest share of more than 63% in 2015 as this system is easy to install and provides high return on investment.

Among the major industry verticals, the automated materials handling systems find widespread usage in the automotive industry. Automotive industry accounted for more than 26% share of the global market in 2015 owing to increased automobile production in China, Japan, and India. This segment is estimated to witness significant growth during the forecast period due to improving production processes, lowering labor intensity, and timely delivery of materials.

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Software component is projected to grow rapidly, registering a CAGR of 8.2% during the forecast period due to increased usage of warehouse control system as it reduces the rate of missing stock, improve handling rates, and maintain high service level. Market players offer wide variety of software and control systems, effective for warehouse and manufacturing facilities. For instance, Daifuku Co. Ltd. introduced warehouse control system that provides high efficiency and accuracy.

Europe region accounted for the maximum market share in 2015, and is expected to maintain its lead throughout the forecast period. This is attributed to heavy investment by automotive and food & beverage industry players in automation. LAMEA region has exhibited significant growth due to rapid industrialization. Especially, emerging countries such as Brazil facilitates the market growth.

Global Service Robotics Market is Expected to Reach $34.7 Billion by 2022 – Allied Market Research

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Global Service robotics market is expected to reach $34.7 billion by 2022, with a CAGR of 23.9% from 2015 to 2022, according to a new report by published by Allied Market Research. The growing need of automation across various industries has encouraged organizations to adopt service robotics for increased productivity, superior quality and precise operations, reduced operation costs, and enhanced safety of workforce. Increasing labor costs coupled with lack of workforce further accelerate the growth of market.

Increasing need for safety along with government regulations for labor protection drives organizations to adopt service robotics for enhanced safety at workplace. The growing penetration of mobile devices facilitates the development of advanced robotic systems and boosts the growth of market. Vendors in the market focus on developing affordable and energy-efficient robots for small and medium enterprises to cater to the growing requirements of consumers. The significant rise in investments in R&D for the development of service robots along with the establishment of organizations including Standardized Procedures for the Advancement of Robotic Combat (SPARC) and International Federation of Robotics (IFR), further fosters the growth of the market.

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Professional service robots are used in healthcare; defense, rescue, and security; field; logistics; and construction industries. The segment of professional service robotics generated $3.9 billion in 2014 owing to high demand of automation from these sectors. Reduction in labor costs, increased operational efficiency, and delivery of high-quality services with improved precision and accuracy further encourages consumers to employ professional service robots. The revenue of personal service robotics segment is expected to grow at a rate of over 26% during the forecast period, owing to high demand of service robots from the domestic and entertainment sectors and rise in disposable income of consumers. In terms of volume, personal robots accounted for a higher share and generated over 4,672 thousand units in 2014.

Healthcare is the major end user industry, in terms of revenue generation, that employs service robots for a wide range of applications such as surgery, diagnostics, physical and mental therapy, and prosthetics among others. Patient monitoring, laboratory automation, drug discovery, and prescription preparation are other applications of service robotics in the healthcare sector. It accounted for over 35% share of the global market revenue in 2014, followed by defense, rescue and security sector.

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Other industries utilizing service robotics include field, logistics, construction, domestic, and entertainment. The construction industry is likely to grow at the highest CAGR during the forecast period. In terms of volume, defense, rescue, & security robots accounted for the highest share and generated around 11 thousand units in 2014 owing to the increased employment of unmanned aerial vehicles, unmanned ground vehicles, firefighting & disaster management robots, professional surveillance robots, and demining robots. The healthcare segment is forecast to grow at the highest CAGR of 29.1% during 2015-2022 in terms of volume.

Key findings of Service Robotics Market:

  • The service robotics market is projected to exhibit a significant growth owing to increasing demand of automation from various industries, rising application areas, and growth in emerging economies.
  • The professional robotics segment is anticipated to dominate the market in terms of revenue owing to the increasing applications from healthcare, defense, rescue and security, agriculture, logistics, and construction industries.
  • The healthcare industry is excepted to maintain its leading position in the market during the forecast period in terms of revenue.
  • Europe is likely to dominate the market throughout the forecast period.

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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Data Center Automation Market Expected to Reach $8,619 Million, Globally, by 2022

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The rapid growth in the number of smartphone and tablet users and growth in dependency on IT have led to an increased demand for data center automation technology. In addition, continuous prevalence of cloud technology and the explosion of big data have increased the demand for larger storage capacity, thus raising the need for data center automation. The wide-scale adoption of Internet-enabled devices, cloud-based applications, and the transformation from consumer-side computing to Software-as-a-Service (SaaS) drive the need for automation within the IT industry.

Data Center Automation

Data Center Automation Market Report, states that the global market size was valued at $2,483 million in 2015, and is projected to reach $8,619 million by 2022, growing at a CAGR of 19.6% from 2016 to 2022. The IT & telecom segment was the highest contributor in 2015, accounting for around 23% of the global market.

A data center is a facility that consists of a network of computers and storage systems. It is used to process, organize, store, and distribute large amounts of data for a business or an organization. Data center automation offers faster and enhanced productivity, operational reliability, and consistency to its users, which results in its increased demand in various industry verticals.

Manufacturing is expected to grow at the highest CAGR of 22.8% during the forecast period. In the manufacturing industry, large amount of data is generated on the operation and shop floor, which needs to be analyzed to improve the quality, accuracy, and delivery time. By automating the data center, the data can be accessed continuously for performing predictive analysis to identify relationships and patterns among various processes and associated factors to recognize and enhance those factors that have the largest impact on the output.

Based on the geography, the data center automation market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor in 2015, accounting for around ~60% share of the market size. However, Asia-Pacific is projected to grow at the highest CAGR of 25.3%, owing to the adoption of data center automation techniques to achieve effective and efficient control over the ongoing processes and operations.

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The report features a competitive scenario of the data center automation industry and provides comprehensive analysis of key growth strategies adopted by major players. Key players profiled in the study are VMware, Inc., BMC Software, Cisco Systems, Inc., IBM Corp., Hewlett Packard Enterprise, Microsoft Corp., Puppet, Citrix Systems, Inc., ServiceNow, Inc., and Chef Software, Inc.

Key Findings of the Data Center Automation Market:

• The consulting services segment accounted for the highest share of the data center automation market in 2015, growing at a CAGR of 20.4% during the forecast period.
• North America was the highest revenue-generating segment in 2015, with $1,558 million.
• Asia-Pacific dominated the market in terms of growth in 2015, and is projected to continue its dominance in the future as well.
• U.S. was the leading country, in terms of spending on data center automation market, in 2015. In addition, India, China, and other emerging markets are projected to provide significant opportunities for major players.