Tag Archives: Market Size

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Interventional Radiology Products Market worth $8.02 Billion by 2021 | Know The Key Market Drivers

According to a new market research report „Interventional Radiology Products Market by type (Stents, Catheters, IVC Filter, Accessories), Procedure Type (Angioplasty, Angiography, Biopsy, Thrombolysis, Embolization), Applications (Oncology, Cardiology, Urology & Nephrology) – Forecast to 2021“, published by MarketsandMarkets, the global market is expected to reach USD 8.02 Billion by 2021 from USD 6.35 Billion in 2016, at a CAGR of 4.8% from 2016 to 2021.

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The major factors driving the growth of this market are rising incidence of chronic diseases, rising geriatric population, and increasing demand for minimally invasive surgeries. However, new players in the interventional radiology sector face significant entry barriers; this is a key challenge in the market.

Based on type, the market is segmented into stents, catheters, IVC filters, hemodynamic flow alteration devices, angioplasty balloons, thrombectomy systems, embolization devices, biopsy needles, and accessories. In 2016, the stents segment is expected to dominate the global interventional radiology products market. The key factors driving the growth of the interventional radiology stents market are the growing geriatric population and increasing incidence of cardiovascular diseases around the world.

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View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/interventional-radiology-product-market-67681703.html Based on procedure, the market is segmented into angioplasty, angiography, embolization, thrombolysis, biopsy & drainage, vertebroplasty, nephrostomy, and other applications. In 2016, the angiography segment is expected to account for the largest share of this market. The growing demand for minimally invasive procedures and increasing geriatric population are the key factors in this segment.

Based on region, the global interventional radiology products market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2016, North America is expected to account for the largest share of the market. The rising incidence of chronic diseases (CVD), the increasing demand for minimally invasive procedures, and availability of reimbursement for minimally invasive products in this region are the major factors contributing to the growth of this market.

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Key players in the interventional radiology products market include Abbott Vascular (US), Boston Scientific Corporation (US), Medtronic plc (Ireland), Cardinal Health (US), B. Braun Melsungen AG (Germany), CR Bard (US), Biosensor International Group Ltd. (Singapore), Stryker Corporation (US), Terumo Corporation (Japan), and Cook Medical Inc. (US).

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About MarketsandMarkets ™

MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth opportunities / threats 70% to 80% of worldwide companies‘ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets ™ for their painpoints around

Our 850 fulltime analyst and SMEs at MarketsandMarkets ™ are following the „Growth Engagement Model – GEM“. The GEM aims to identify new opportunities, identify the most important customers, write attack, avoid and defend strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets ™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets ™ is going to spend more than 10,000 companies this year for their revenue planning and help them make their innovations / disruptions early to the market.

MarketsandMarkets‘ flagship competitive intelligence and market research platform, ‚Knowledge Store‘, joins over 200,000 markets and entire value chains for the understanding of the marketplace.

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Internationales Pressemitteilungen

Home Healthcare Software and Services Market worth $6.4 Billion

According to new market research report “ Home Healthcare Software  – Product & Service Market – Application (Clinical, Non – Clinical), Usage (Laptop, Smartphone), Product (Agency, Clinical Management System, Telehealth, Hospice), Delivery (Web – Based , On-Premises, Cloud), End User – Global Forecast to 2018 „published by MarketsandMarkets, The Global Home Healthcare Software Market is estimated to reach $ 6.4 trillion, at a CAGR of 13.4%.

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The market is being driven by skyrocketing healthcare costs, spiraling aging population, increasing the incidences of chronic disorders, hospital readmission reduction program by US, shortage of nursing and doctor staff, OASIS documentation, and favorable government initiatives.

Based on products, the global home healthcare software and services market is further segmented into agency solutions, hospice solutions, telehealth solutions, and clinical management system (CMS) solutions. Of all, clinical management system (CMS) and telehealth solutions wants to be the fastest-growing market in the next five years.CMS is an integrated package of various applications such as homecare-EMR, CPOE, CDSS, electronic point of care documentation (485 plan, OASIS), alert management module, physician’s portal module, medication management, among others.

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By application, homecare software market is divided into clinical and non-clinical. The clinical segment includes homecare-EMR, medication management, electronic point-of-care documentation, and others including physicians portal. On the other side, non-clinical homecare software is segmented into billing and scheduling, homecare CRM, accounting, payroll, and others. Non-clinical applications accounted for the largest share of the global home healthcare software and services market.

Geographic analysis reveals that North America is the largest contributor to the global home healthcare software market in 2013 and expects to become the second fastest growing region for home healthcare software market by 2018. Factors driving the North American market are the growing demands for integrated solutions, firm support from the US federal government, Obama’s new budget plan for reimbursement cut by 1.1% per year to home care agency that enforce them to adopt homecare IT solutions, growth in aging population, growing healthcare costs, and growth in patient consumerism for quality care.

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The key players in the market are Agfa Healthcare (Belgium), Allscripts Healthcare Solutions, Inc. (US), athenahealth, Inc. (US), Cerner Corporation (US), Carestream Health, Inc. (US), Epic (US) , GE Healthcare (UK), McKesson Corporation (US), MEDITECH (US), NextGen Healthcare Information System LLC (US), Novarad Corporation (US), and Siemens Healthcare (Germany).

About MarketsandMarkets ™

MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth opportunities / threats 70% to 80% of worldwide companies‘ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets ™ for their painpoints around

Our 850 fulltime analyst and SMEs at MarketsandMarkets ™ are following the „Growth Engagement Model – GEM“. The GEM aims to identify new opportunities, identify the most important customers, write attack, avoid and defend strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets ™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets ™ is going to spend more than 10,000 companies this year for their revenue planning and help them make their innovations / disruptions early to the market.

MarketsandMarkets‘ flagship competitive intelligence and market research platform, ‚Knowledge Store‘, joins over 200,000 markets and entire value chains for the understanding of the marketplace.

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Email: sales@marketsandmarkets.com

Internationales Pressemitteilungen

Angiographic Catheters Market worth $1,402.8 Million by 2022 | Know The Latest Industry Trends

According to a new market research report,  „Angiographic Catheters Market  by Application“ (Coronary, Endovascular, Neurology and Oncology), Geography ( North America Europe Asia Pacific  and Row), End-User Analysis (Reusage Scenario, Purchase Pattern) and Competitive Scenario – Global Forecast to 2022 „ , the global market is projected to reach  USD 1,402.8 million  by 2022 from  USD 980.9 million  in 2017, at a CAGR of 7.4%.

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https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1219487 The Angiographic Catheters Market is increasingly driven by the rising incidence of coronary artery diseases across the globe. Further, increasing demand for angiographic catheters in various applications such as chemoembolization, awareness concerning various diseases such as CVDs, and preference for minimally invasive surgeries are thus driving the growth of this market. Based on application, the coronary segment is projected to register the highest growth rate during the forecast period

Based on application, the market is segmented into coronary, endovascular, neurology, oncology and other applications (such as lung, urology, and gastroenterology). The coronary segment is expected to grow to the highest CAGR during the forecast period. Factors driving the growth of this segment include the increasing incidence of cardiovascular disease, demand for catheter-based angiography in coronary and general care in developing countries.

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Europe The

Anglo-American Catheter Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Europe dominates the Angiographic Catheters Market in 2017. This is due to the large patient population throughout the region. The growing demand for minimally invasive surgeries is driving the growth of this market.

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Key players operating in the  Angiographic Catheters Market  include Medtronic (US), Boston Scientific (US), Terumo Medical (Japan), Cardinal Health (US), and Merit Medical System (US).

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About MarketsandMarkets ™

MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth opportunities / threats 70% to 80% of worldwide companies‘ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets ™ for their painpoints around

Our 850 fulltime analyst and SMEs at MarketsandMarkets ™ are following the „Growth Engagement Model – GEM“. The GEM aims to identify new opportunities, identify the most important customers, write attack, avoid and defend strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets ™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets ™ is going to spend more than 10,000 companies this year for their revenue planning and help them make their innovations / disruptions early to the market.

MarketsandMarkets‘ flagship competitive intelligence and market research platform, ‚Knowledge Store‘, joins over 200,000 markets and entire value chains for the understanding of the marketplace.


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Mr. Shelly Singh
MarketsandMarkets ™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
United States: 1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/angiographic-catheter-market.asp
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Global Hybrid Operating Room Market Trends and Industry Analysis Report

According to a new market research report,  Hybrid Operating Room Market  by Component“ (Surgical Booms, Surgical Lights, Operation Tables, MRI, CT, Angiography, AV Tools), Application (Cardiovascular, Neurovascular, Thoracic, Orthopedic), End User, and Region – Global Forecast to 2022 „,  published by MarketsandMarkets ™, the Global Hybrid Operating Room Market is projected to reach USD 1,174.9 million by 2022 from USD 652.0 million in 2017; growing at a CAGR of 12.5%.

Browse  61 Market Data Tables and  35 Figures spread through  160 Pages and in-depth TOC on  „Hybrid Operating Room Market“.

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The intraoperative imaging systems segment is expected to hold the large largest of the market in 2016

By component, the intra-operative imaging systems segment Accounted for the large largest share of the market. ORs across major countries, ongoing integration and automation of OR workflows, and continuing technological advances in the field of diagnostic imaging ,

By application, the thoracic segment is expected to be the fastest growing segment in the forecast period

The thoracic segment is expected to grow at the fastest CAGR. The growth of this segment during the forecast period is expected to increase.

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North America  dominated the market in 2016

Geographically, the Hybrid Operating Room Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest share of the market in 2016, followed by Europe. The large share of North America in this market is primarily attributed to the hospitals in the region.

As of 2016, the major product manufacturers operating in the global  Hybrid Operating Room Market Philips Healthcare (The Netherlands), Siemens Healthineers (Germany), Stryker Corporation (US), Toshiba Corporation (Japan), GE Healthcare (US), IMRIS Inc. (US), Eschmann Equipment (UK), MAQUET GmbH (Germany) , Trumpf Medical (Germany), and Skytron LLC (US), among others.

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Aktuelle Nachrichten Internationales Pressemitteilungen

Medical Electrodes Market worth 732.4 Million USD by 2022

According to a new market research report,  „Medical Electrodes Market by Usability (Disposable, Reuse), Technology (Dry Electrodes, Wet, Needle), Diagnostic Procedures (ECG, EEG, EMG, EOG, ERG), Application (Cardio, Neurophysiology, Sleep Disorders, Intraoperative) – Global Forecast to 2022 „,  published by MarketsandMarkets ™, the market is expected to reach USD 732.4 million by 2022 from USD 583.2 million in 2017, at a CAGR of 4.7%.

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A growing number of factors in the field of neurological and cardiovascular disorders, increasing investments in medical device research, and growing preference for home and ambulatory healthcare are driving the growth of medical electro-markets. In addition, emerging markets such as China, India, and Brazil are expected to offer significant growth opportunities for players operating in the Medical Electrodes market.

Cardiology to dominate the market in 2017

Based on application, the Medical Electrodes Market is segmented into cardiology, neurophysiology, sleep disorders, intraoperative monitoring (IOM), and other applications. In 2017, the highest CAGR of the Medical Electrodes Market. Prevalence of cardiovascular diseases (CVD), growing geriatric population, rising cardiovascular health awareness, and technological innovations in diagnostic tools and monitoring techniques. These factors drive the growth in the Medical Electrodes Market.

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On the basis of technology, dry electrodes are the highest CAGR

By technology, the Medical Electrodes Market is segmented into dry electrodes, wet electrodes, and needle electrodes. Dry electrodes are expected to be the highest CAGR during the forecast period. Dry electrodes measuring biopotential signals without using any gel or adhesive. So, procedures involving the use of these electrodes do not require any skin preparation. Various types of dry electrodes have been introduced in the market to overcome the issues associated with wet electrodes. Moreover, this market segment is witnessing the development of high-quality and better patient comfort. These factors are expected to boost the demand for dry electrodes.

North America to dominate the market followed by Europe

In 2017, North America is expected to register for the largest share of the Medical Electrodes Market. The high growth of the North American market is attributed to the factors such as the high incidence of neurological and cardiovascular disorders. In 2017, Europe is expected to hold the second largest share of Medical Electrodes Market. Factors such as the presence of a well-established healthcare industry, significant funding for life sciences and medical research, increasing geriatric population, and increasing incidence of neurodegenerative and cardiovascular disorders in several European countries are expected to fuel the market growth in this region.

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Prominent players in the Medical Electrodes market include 3M Company (US), Medtronic (Ireland), Ambu (US), Natus Medical Incorporated (US), Rhythmlink International, LLC (US), Koninklijke Philips NV (Netherlands), Cognionics, Inc. (US), CONMED Corporation (US), Leonhard Lang GmbH (acquired by DCC plc), and Nihon Kohden Corporation (Japan) ,

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About MarketsandMarkets ™

MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth opportunities / threats 70% to 80% of worldwide companies‘ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets ™ for their painpoints around

Our 850 fulltime analyst and SMEs at MarketsandMarkets ™ are following the „Growth Engagement Model – GEM“. The GEM aims to identify new opportunities, identify the most important customers, write attack, avoid and defend strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets ™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets ™ is going to spend more than 10,000 companies this year for their revenue planning and help them make their innovations / disruptions early to the market.

MarketsandMarkets‘ flagship competitive intelligence and market research platform, ‚Knowledge Store‘, joins over 200,000 markets and entire value chains for the understanding of the marketplace.

Contact:

Mr. Shelly Singh
MarketsandMarkets ™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
United States: + 1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/medical-electrode-market.asp

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India Ceramic Sanitary Ware Market Poised to Expand at 10.3% CAGR During 2016 – 2026

Demand for ceramic sanitary ware in India is expected to reach 28,013 thousand units in 2016, up from 26,267 thousand units in 2015. This will represent a market value worth US$ 1.96 Bn. Steady growth in the country’s real estate sector, combined with rising spate of government initiatives to boost infrastructure development will continue to positively influence the growth of the ceramic sanitary ware market in India.

By product type, water closets will continue to account for the highest demand, with total consumption pegged at 4,789 thousand units in 2016. Among the sub-segments of water closets — 1 piece, 2 piece, wall mounted, and EWC — wall mounted water closets sub-segment will witness the highest demand. Demand for wash basins is also expected to remain healthy in 2016, with this segment accounting for a revenue share of 28.6 %. The wash basins segment is further sub-segmented as table top, wall hung, pedestal, half pedestal, and under & over counters—among these, demand for table top sanitary ware will witness the highest y-o-y growth in 2016.

In addition to growth in the real estate sector, rapid urbanisation, increasing per capita disposable income, and improving standard of living in urban areas are other key factors sustaining the demand for ceramic sanitary ware in India. Although FMI maintains a positive outlook on the India ceramic sanitary ware market, low replacement cycles will continue to remain a key challenge for manufacturers.

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The India ceramic sanitary ware market is in a period of consolidation, and key players are focusing on diversifying their range of product portfolio. Reducing operational expenses to boost profitability margin remains a key focus area for stakeholders in the India ceramic sanitary ware market.

Demand for ceramic sanitary ware is strongest in South India, with total revenues expected to reach 546.1 Mn in 2016. The overall consumption of ceramic sanitary ware in the region in 2016 will be to the tune of 9,352 thousand units, up from 8,850 thousand units in 2015.

Leading companies in the India ceramic sanitary ware market include Cera Sanitaryware Ltd, Hindustan Sanitaryware & Industries Limited (HSIL), Ras Al Khaimah (RAK) Ceramics India Pvt Ltd, Roca Sanitario, S.A., Toto Ltd, Kohler Co., Duravit AG and Jaquar.

Long-term Outlook: The India ceramic sanitary ware market is expected to increase at a CAGR of 10.3% in terms of value during the forecast period 2016-2026. In terms of volume, the total consumption is expected to reach 57,444 thousand units by the end of 2026.

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Lining Market To Be Valued At US$ 5,820.8 Mn By 2028

Product advancements addressing key consumer issues to remain important forward market strategy among lining manufacturers

Global lining market prospects are likely to be significantly influenced by the increasing investments in oil and gas exploration activities and augmenting production capacities of refineries. Moreover, surging demand for trade through marine ports coupled with growing shipbuilding industry and frequent repair and maintenance of linings in shipping are some key factors favoring the growth of global lining market. The global lining market is estimated to be valued at US$ 3,958.7 Mn by 2018 end. Expanding at a modest CAGR of 3.9%, the global lining market is anticipated to reach a valuation of US$ 5,820.8 Mn, over the forecast period of 2018-2028, as per a recent study by Future Market Insights.

Marine Trade and Shipbuilding Activities Offering Potential Opportunities for Lining Adoption

Marine routes are major conveyance option for goods in the form of containers, dry and liquid bulk and roll on-roll off (Ro-Ro) type of cargos. Cost effective transfer of heavy and bulk materials in a single go fueling marine trade. Shipbuilding, too is contributing to the growth of global lining market. Availability of all necessary resources in Asia Pacific is found to be a key factor responsible for the growth of the shipbuilding industry in the region. Moreover, low labor cost and indulgent legislations are accelerating the shipbuilding industry, further pushing the demand for marine linings over the forecast period.

Polymer Lining to Remain Most Preferred Across Industries Through 2028; Demand for Eco-Friendly Products to Induce Novelties in Lining Market

Segmented into polymer lining, rubber lining, ceramic and carbon brick lining, and tile lining, the global lining market will witness significant revenue contribution from the polymer lining variant. The polymer lining segment is projected to hold a dominant share in terms of both market value and CAGR index. Growing demand for linings across the globe as well as environmental regulations in developed regions are the major factors driving the lining market. Moreover, increasing demand from marine, oil and gas, automotive, and chemicals industries is likely to drive the adoption of polymer lining in the global lining market. Epoxy resins are likely to dominant the global polymer lining market, owing to its excellent resistance to numerous chemicals couple with other technological advancements.

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Although solvent borne linings are likely to hold a significant share of the global lining market, considering increasing adoption of ecofriendly lining products in developed countries would propel the adoption of waterborne and powder linings. Stringent Government regulations and adoption of lining products with low-VOC content are key factors pushing the demand for waterborne and powder linings. Manufacturers in the global linings market are constantly investing in R&D activities to introduce new products and technologies for product differentiation, further driving the lining market.

However, volatile prices of raw materials including epoxy and polyurethane and stringent government directives regarding VOC emissions across various regions are key restrainers impacting the overall growth of global lining market.

China followed by Western Europe and North America, are likely to showcase increased adoption of linings. Fast-paced industrial growth in China is significantly contributing to sales of lining products in the region, which is expected to hold nearly 35% of the market, by 2028.

Major global suppliers of linings are channelizing efforts towards developing partnerships with end users in order to better address the demand for specific requirements. Product customization is likely to remain a key differentiation strategy among key manufacturers in the global lining market. Top players in the global linings market are The Sherwin Williams Company, PPG Industries, Inc, Akzo Nobel N.V., Hempel A/S, The Jotun Group, Solvay SA, Teknos Group, and STEULER-KCH GmBH.

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Detailed Examination Of The Lipids Market Will Reach US$ 17.3 Bn In 2028

Future Market Insights’ published market report titled “Lipids Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028” examines the lipids market and offers crucial market insights for the next ten years. According to Future Market Insights analysis, the global sales of lipids is estimated to be valued at US$ 17.3 Bn by the end of 2018 and is expected to register a 4.3% CAGR over the period of 2018–2028. This report divulges the demand for lipids and its break-up on the basis of different type and applications.

Global Lipids Market: Dynamics

The global lipids market is estimated to be driven by the increasing demand from personal and cosmetics applications wherein lipids are used as ingredients and raw materials in the production of cosmetics. The consumer inclination towards using cosmetics and skin care products with natural ingredients has been the key driving force for the demand for lipids in the personal care and cosmetics industry. Lipids find a wide range of applications in the cosmetics used in make-up and skin care, which account for a combined value share of more than 50% in the global cosmetics market. Increasing per capita disposable income in developing regions is another driving force for the growth in the sales of cosmetics in regions/countries such as Latin America, Middle East and Africa, China and India. Growing trends in the food and beverage industry have caused numerous health-related problems among the global population, and thus, the nutraceutical industry has been successful in attracting a huge consumer base.

North America is considered to be one of the key global markets in terms of the demand for nutraceutical products. As per the reports of FICCI, increased healthcare costs and rescission have coupled the effects on the growth of the nutraceutical industry in North America. Increasing awareness regarding health, owing to high life expectancy, is another key reason contributing to the growth of the nutraceutical industry wherein the demand for lipids as ingredients is high.

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Global Lipids Market: Segmentation Analysis

Market insights suggest that the global lipids market is dominated by the personal care and cosmetics application segment wherein the demand for lipids as raw materials in the production of modern cosmetics is the key driving force for the growth of the lipids market over the forecast period. Moreover, the functional qualities of lipids such as skin compatibility, biodegradable and nontoxic nature fuel the increasing demand for lipids in personal care and cosmetics industries. Moreover, the application of lipids in the food and beverage industry, specifically in nutraceutical products and dietary supplements as additives or ingredients, is expected to register steady growth in the demand, owing to the growing nutraceutical industry across the globe. The growing concerns regarding health related problems have attracted a huge consumer base for nutraceutical products across the globe, which adds to the growth of the food and beverage industry. The growing food and beverage industry is expected to keep the demand for lipids high over the forecast period.

Global Lipids Market: Regional Market Projections

On the basis of region/country, China is anticipated to dominate the global lipids market throughout the forecast period. In China, the lipids market is expected to expand at a CAGR of around 4.6% during the forecast period. Moreover, APAC and North America are anticipated to register relatively higher CAGRs in the global lipids market during the forecast period. These two regions, coupled with Latin America, are expected to register attractive growth rates in the global lipids market during the forecast period. The Europe lipids market is at a mature stage and is expected to witness slow growth over the forecast period.

Global Lipids Market: Competitive Landscape

Some of the players reported in this study on the global lipids market include Lipoid GmbH, Wilmar international, Sonic Biochem Extractions, Avanti Polar Lipids Inc., VAV Life Sciences, Corden Pharma International, Chemi S.p.A, Stepan Company, NOF Corporation, Cayman Chemical Company, Merck Millipore Ltd, ABITEC Corporation Archer Daniels Midland Company and Tokyo Chemical Industry Co., among others.

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Detailed Examination Of The Meat Substitutes Market Will Reach US$ 7,067.6Mn In 2026

Meat substitutes are considered as being at the apex, with regards to innovation of food. There is no indication that the consumers will recoil from meat any time soon. However, there is increase in the demand for flexibility requirements in the diet. Controlling meat consumption is regarded as a method of flexibility. Apart from health-associated factors, sustainability and considerations are also impelling this movement, especially amongst the women. There is increase in the demand for meat substitutes mainly due to increasing health concerns such as diabetes and obesity.

The global meat substitutes market is expected to grow due to health benefits such as general wellbeing and weight loss. Increasing adoption level of meat substitutes is influencing the manufacturers to develop and innovate the meat substitutes’ product lines, which eventually contributes considerably towards the growth of the global market for meat substitutes. In addition, perceived environmental and social concerns related to excessive consumption of meat, for instance, religious limitations as well as carbon footprint of meat production, has further directed consumers to decrease meat consumption and go for its substitutes.

Noteworthy findings from the report indicates that the global market for meat substitutes will upsurge at an evaluated 5.8% CAGR over the forecast period, 2017-2026. The report also expects that by 2026-end, meat substitutes worth US$ 7,067.6Mn will be sold across the globe.

Meat Substitutes That Are Soy-Based to Create Opportunities for Expansion of Global Market

Meat substitute products that are soy-based holds the potential for contributing the largest share in the market, followed by mycoprotein, through 2026. This is due to the fact that soy proteins are cost-efficient and dependable substitutes for meat and possesses the largest amount of protein, compared to various other meat substitutes. Meat substitutes that are soy-based also hold the capacity to be formed, in a way that it can represent the organoleptic features of meat products. Soy hot dogs, soy chicken, soy bacon, soy turkey and soy burger are a few prevalent soy-based food products.

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Frozen meat substitutes amongst the category type products accounts for lion’s share in the market through 2026. The increasing demand for convenience foods due to rising income level of consumers, is considered as one of the important factors that is fuelling the frozen meat substitutes market. Major countries like India and China are significantly contributing towards the expansion of the global frozen meat substitutes market.

Notable Highlights from the Report on Meat Substitutes Market for Forecast Period, 2017-2026

  • Europe will continue to dominate in the global market for meat substitutes. The market is fuelled with the increasing health-conscious consumers, rising incidences of conditions and diseases such as high-blood pressure, diabetes and constipation.
  • Based on category, frozen meat substitutes holds the lion’s share in the global market for meat substitutes, followed by refrigerated meat substitutes. Market for frozen meat substitutes is gaining traction owing to variable purchasing patterns and shifting consumer preferences from small grocery shops to super and hypermarkets, especially in the emerging economies like Brazil, China and India.
  • Textured vegetable protein accounts for largest share in the market, based on product type, due to the fact that they hold higher protein content and are easily available compared to other products.
  • Meat substitutes based on soy account for largest share in the market, based on source type, followed by mycoprotein. This is owing to the fact that consumers on a larger basis are preferring meat products that are based on soy, as it holds high protein content compared to other sources. This has led to increase of demand for soy in meat substitutes industry.

Important market players sketched by the report is inclusive of Amys Kitchen Inc., Cauldron Foods, Meatless B.V., Vbites Food, Ltd., MGP Ingredients Inc., The Nisshin OilliO Group, DuPont, Beyond Meat, Garden Protein International, Inc., Quorn Foods, Morningstar Farms, Sonic Biochem Extractions Limited and ADM.

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Detailed Examination Of The Liquid Silicone Rubber Market Will Reach US$ 7.9 billion In 2026

As molding processes gain grounds in the manufacturing sector, injection materials such as liquid silicone rubber are witnessing a sharp increase in terms of demand. Versatile characteristics and unique properties of liquid silicone rubber is driving its value in the elastomer industry, wherein a wide spectrum of consumer products, medical devices and industrial goods are being manufactured by injecting liquid silicone rubber into mold cavities. Future Market Insights estimates that by the end of 2026, the global market for liquid silicone rubber will touch a valuation of US$ 7.9 billion.

The study foresees a moderate growth for the expansion of global liquid silicone rubber market during the period, 2017-2026. It has been estimated that the global liquid silicone rubber market will register a value CAGR of 4.5% over the forecast period. High carbon footprint of producing liquid silicone rubber at large scale, limitations to the reuse and recyclability of such elastomers and disposability challenges are set to deter the use of liquid silicone rubbers in the near future.

Industrial Grade Liquid Silicone Rubber to Reflect Global Market Value Share of 45% through 2026

Molding capabilities of liquid silicone rubbers will drive their use across several industrial applications. It has been observed that industrial grade liquid silicone rubber will showcase robust growth in demand in the coming years. Through 2026, nearly half of the global liquid silicone rubber market value will be accounted by sales of industrial grade elastomers. The report also foresees that liquid injection molding technology will be a sought-after in the global liquid silicone rubber market. In 2017, more than US$ 3.2 billion worth of liquid silicone rubbers will be used by liquid injection molding systems across the globe.

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Lucrative End-use Industries for Liquid Silicone Rubbers

The study has identified key industries that will drive the end-use of liquid silicone rubber in the near future. Consumer goods industry will reflect highest profitability in the end-use of liquid silicone rubber for manufacturing fast-selling products such as buttons and rubber gaskets. By the end of 2026, US$ 1.76 billion worth of liquid silicone rubber will be used in the production of consumer goods worldwide. Furthermore, healthcare landscape will also exhibit fast-growing end-use of liquid silicone rubber over the forecast period. Liquid silicone rubber manufacturers will find lucrative profit margins will selling these elastomers in the production of expensive medical devices such as lung catheters. The report also observes the automotive industry as a lucrative end-user of liquid silicone rubbers. Over the forecast period, automotive end-use of liquid silicone rubber will reflect highest value CAGR of 5.4% in the global market.

Liquid Silicone Rubber Manufacturing to Remain Concentered in Asia

China National Chemical Corporation, Shin-Etsu Chemical Co., Ltd., KCC Corporation, Toshiba Medical Systems Corporation, and Zhejiang Xinan Chemical Industrial Group Co., Ltd. are among the prominent manufacturers of liquid silicon rubber based in Japan, China, Korea and other parts of the Asia-Pacific region. The report estimates that in 2018 and beyond, the Asia-Pacific excluding Japan (APEJ) region will represent largest marketplace for liquid silicone rubber, reflecting a weighted 35% share on global market value. Other key players in the global liquid silicone rubber market, namely Dow Corning Corporation, Momentive Performance Materials, Inc., Evonik Industries AG, Bluestar Silicones International, SiVance, LLC, NuSil Technology LLC, Simtec Silicone Parts, LLC, Wacker Chemie AG, Stockwell Elastomerics Inc., and Xinapse Systems Ltd. are also expected to bolster their presence across the APEJ region in the foreseeable future.

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