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Somatostatin Analogs Market 2020 Trends, Size Analysis, Share, Leading Companies

Market Highlights
 
The growth of the global somatostatin analogs market is driven by various factors such as increasing research & development activity in the somatostatin analogs market and increasing numbers of players involved in the development of generic versions of somatostatin analogs. Some of the key companies operating in this market are Nodysis Pharma, United Biotech, Wockhardt, Neiss, Sun Pharma, and Ferring Holding SA, among others. In addition, the rising incidence rate of the NETs; and increasing efforts by government bodies and public and private organizations to increase awareness about Acromegaly are some of the other factors for the growth of the somatostatin analogs market.
 
However, lack of awareness leading to a high number of undiagnosed people, and the availability of the alternative treatment options for the treatment of NETs and Acromegaly are thwarting the growth of the somatostatin analogs market.
According to MRFR analysis, Somatostatin Analogs Market is expected to register a CAGR of 6.8% during the forecast period of 2019 to 2025 and is anticipated to reach USD 8,640 Million by 2025.
The Global Somatostatin Analogs Market was dominated by a few players in the past. However, the increasing demand for treatment options is creating opportunities for new entrants to step into the market. Thus, there is a change in the competitive scenario in the somatostatin analogs market. A large number of companies in the market, such as Camurus AB and Chiasma Inc., among others have the product pipeline of somatostatin analogs. The increasing number of companies bring more investments in the market which positively impacts the growth of the market.
 Regional Analysis
 
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increased awareness about NET’s and high per capita disposable incomes. The somatostatin analogs market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The high occurrence of NET’s in US is one of the reasons for the growth of the market in the country. The European somatostatin analogs market is the fastest-growing market, and it has been categorized as Western Europe and Eastern Europe. The Western European market has further been divided as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The presence of a number of product manufacturers such as Novartis AG (Switzerland), Ipsen Pharma (France), Fresenius Kabi (Germany) is one of the factors pushing the growth of the regional market. The somatostatin analogs market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the rising per capita healthcare expenditure and growing awareness towards the treatment of acromegaly and NETs, the market in Asia-Pacific is expected to grow at a significant rate during the forecast. The somatostatin analogs market in the Middle East & Africa has been divided into the Middle East and Africa.
 
Segmentation
 
The Global Somatostatin Analogs Market has been Segmented Based on Type and Application. The market, based on type, has been divided into Octreotide, Lanreotide, and Pasireotide. The Octreotide segment is likely to hold the largest during the review period as it is the most commonly used type of vaccine and is commercially available across the globe. Pasireotide is predicted to be the fastest-growing segment due to the growing awareness about the treatment options for Cushing’s Syndrome which is commonly treated by Pasireotide.
The global somatostatin analogs market has been segmented, on the basis of application, into neuroendocrine tumors (NETs), acromegaly, Cushing’s syndrome, and others. The neuroendocrine tumor segment is expected to hold the maximum share of the market throughout the forecast period. The acromegaly segment is expected to be the fastest-growing during the assessment period.

Key Players

Some of the Key Players in the Global Somatostatin Analogs Market are Novartis AG (Switzerland), Ipsen Pharma (France), Fresenius Kabi (Germany), Peptron (South Korea), Pfizer Inc. (US), and Teva Pharmaceuticals Inc. (Israel).
 
Besides these key players, there are several potential market entrants which are working on the pipeline products in the somatostatin analogs market. Some of these players are Camurus AB (Sweden), Chiasma, Inc. (US), Crinetics Pharmaceuticals (US), Dauntless Pharmaceuticals (US), Midatech Pharma plc (UK), and Sun Pharmaceutical Industries Ltd (India), among others.

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COVID-19 Market Impact

HIP IMPLANTS MARKET 2020 Trends, Size Analysis, Share, Leading Companies

Market Research Future published a research report on Hip Implants Market Research Report – Global Forecast till 2025. Report gives a clear picture of current market scenario which includes past and estimated future market size. The report provides detail information and strategies of top key players in the industry. The report also gives a broad study about different markets segments and regions.

Key Players

Some of the key players in the global hip implants market are Corin (UK), DJO Global, Inc. (US), OMNILife science, Inc. (US), MicroPort Scientific Corporation (China), Stryker Corporation (UK), Zimmer Biomet Holdings, Inc. (US), Smith & Nephew PLC (UK), Exactech, Inc. (US), B. Braun Melsungen AG (Germany), and Aesculap Implant Systems, LLC (US).

Segmentation

The global Hip Implants Market has been segmented based on the product, material, and end user.

The market, based on product, has been divided into total hip replacement implants and partial hip replacement implants. Total hip replacement segment is further segmented into fixed-bearing hip implants and mobile-bearing total hip implants. The partial hip implants segment has been further bifurcated into hip resurfacing implants and revision hip replacement implants.

The total hip replacement implants segment is likely to be the largest during the review period due to the increasing geriatric population and prevalence of hip-related disorders. The partial hip replacement implants devices segment is predicted to be the fastest-growing due to less deterioration and friction than all-metal hip implants.

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Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the rising per capita healthcare expenditure. The hip implants market in the Americas has further been branched into North America and Latin America, with the North American market being divided into the US and Canada. The European hip implants market has been categorized as Western Europe and Eastern Europe. The Western European market has been further classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The hip implants market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the growing geriatric population and increasing demand for hip replacement surgeries, the market in Asia-Pacific is expected to be the fastest-growing.

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mHealth Market Key Findings, Top Leaders and Forecast to 2022

Market Overview:

The report also studies the impact of various technologies on it. It is an efficient technology backed by top-class IT infrastructure. Digitalization made its percolation easier. Rising sale of smartphones and tablets are going to spur the demand for the same. Increasing care for personal health, better disposal income, easy inclusion of wireless technologies, portability, cost-effective features, change in lifestyle, and others can ensure strong growth for the mHealth market.

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The study of the mHealth Market Share, as conducted by Market Research Future (MRFR) reveals that it has a possibility of surpassing a valuation of USD 21.71 billion by 2022. This process would see a rise by a significant CAGR of 36.5% during the forecast period (2016-2022).

 

Competitive Analysis:

The global mHealth market to gain significant backing from companies like Alivecor, INC, Apple, INC, Agamatrix, INC, AT&T, INC, Athenahealth INC, GE Healthcare, Google INC, Biotelemetry INC. (CARDIONET), Johnson & Johnson, Jawbone INC, Philips Healthcare, Laboratory Corporation of America Holdings

 

Segmentation:

The global mHealth market report includes several segments that have been studied properly to understand dynamics dominating the market. This study includes segments on the basis of therapeutics and applications.

By therapeutics, the report on the global mHealth market can be segmented into fitness & lifestyle therapeutics, respiratory, mental and neurological disorders, diabetes, and others. The rise of diabetes among people is going to trigger further growth for the mHealth market.

By application, the global market report on mHealth can be segmented into diagnosis & treatment, monitoring applications, wellness & prevention, healthcare management, education and awareness, remote data collection, and others. The remote data collection segment is aiding the research sector in a significant way. The monitoring segment has a hold over 61.8% of the global market.

Regional Analysis:

The global market for mHealth has been analyzed in the report. It includes several aspects of the demographic challenges to understand how far the players can benefit from various growth factors.

The Americas is slated to lead the mHealth market by creating ample scope for growth through funding for research and development, and other marketing strategies. The nod it is getting from the government has ensured significant progress for the market in the coming days. IT infrastructure is getting better and a lot of caregivers would help the market to increase by creating high intake. The regional market covers almost 34% of the entire market share. In Europe, the market is getting similar acknowledgments and it is on an upward track. High investment for research and development and better backup from technological inclusion are expected to ensure the growth of the market. This regional market can grow with 35.65% CAGR during the forecast period.

The Asia Pacific region is on a track where achieving the highest CAGR is quite possible. This is due to the growing investment from several economies to ensure better healthcare infrastructure, to reach distant corners where easy healthcare facilities are not available, and also, they can avail it at a cheaper rate. India, China, Thailand, Japan, and Australia are helming the market by launching different innovations.

Industry News:

In January 2020, the Rady Children’s Institute for Genomic Medicine (RCIGM) announced that they are planning on investing in drones to collect genomic samples to speed up the procedure of treatment. They believe that this would significantly boost the treatment of critically ill children.

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Digital Healthcare Market Outlook, Competitive Landscape and Forecast to 2025

 

Market Overview:

 

The high adoption rate of EHR and EMR is expected to play in favor of the digital healthcare market. The telemedicine sector is also getting boosted from the pressures created by COVID-19. Various updates, growing demand for easier workflow, and a curb in the healthcare cost are impacting the growth of the digital healthcare market. Various digital healthcare market trends like simplified apps are also boosting progress.

 

The global Digital Healthcare Market Trends has been predicted to reach a valuation of USD 3,28,887.8 million by 2025, with a CAGR of 26.30% during the forecast period of 2019 to 2025. Market Research Future (MRFR), in its analysis, reports various factors that can have a substantial impact on the market.

 

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The digital healthcare industry overview also reveals restraints like the installation cost, the cost of apps, and the lack of trained hands as major drawbacks for the market.

 

Competitive Landscape:

 

BioTelemetry, Inc. (US), Allscripts Healthcare, LLC (US), Cisco Systems, Inc (US), Cerner Corporation (US), McKesson Corporation (US), Koninklijke Philips NV (The Netherlands), AT&T Inc.(US), General Electric Company (US), EClinicalWorks (US), iHealth Lab Inc. (US), Athenahealth Inc. (US), and Qualcomm Technologies, Inc.(US).

 

Segmentation:

 

  • The global digital healthcare market, as assessed by MRFR for a comprehensive understanding, includes the application, components, delivery mode, technology, and end user. These are segments with substantial market figures and factors to support the global strategic developments of the digital healthcare market.

 

  • By technology, the study on the digital healthcare market can be segmented on the basis of telehealthcare, mhealth, digital health systems, and healthcare analytics. By application, the digital healthcare market includes diabetes, neurology, cardiology, oncology, sleep apnea, and others.

 

  • By delivery mode, the global report for the digital healthcare market can be segmented on the basis of on-premise and cloud-based.

 

  • By components, the digital healthcare market includes software, services, and hardware.

 

  • By end user, the digital healthcare market has been segmented into healthcare payers, pharmaceutical companies, healthcare providers, and others.

 

Regional Analysis:

 

North America has a bigger market due to the advancement in its technology, support from infrastructure, funding solutions, and others. The US and Canada would lead the regional market. In Europe, the traction will be provided by countries like France, Germany, the UK, and others. The Asia Pacific region would benefit from contributions made by India, China, Japan, South Korea, and others.

 

Industry News:

 

The recent COVID-19 pandemic has led to a substantial rise in the digital healthcare market. This is primarily due to the growing influence of telemedicine. Social distancing is the new norm and people are supposed to avoid public gathering. This is why doctors are taking the telemedicine route where they can treat patients from a distance without creating a scope for any kind of virus spread.

 

 

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

 

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Life Science Analytics Market Overview, Business Dynamics and Forecast to 2025

 

Market Analysis

 

The global life sciences market size was valued USD 19,165.22 million in 2018 and is predicted to grow at an 11.91% CAGR between 2019- 2025, reveals the new Market Research Future (MRFR) report. Life science analytics, simply put, is a tool that assists in drug discovery optimization process and clinical trials standardization. Prescriptive analytics, descriptive analytics, and predictive analytics are the most widely used life science analytics. The Cerner Millennium software and Allscripts’ Veradigm are the latest life sciences industry trends.

 

Numerous factors are adding to the Life Sciences Market Overview . Such factors, as revealed by the latest MRFR report, include increasing use of big data in the life science industry, the need for improved patient outcomes, increasing use of analytics tools for marketing applications and sales, and rising adoption of analytics solutions in clinical trials. Additional factors propelling the life sciences healthcare analytics market growth include rising incidence of chronic diseases, need for improved standardization, and rising pressure to reduce healthcare expenditure.

 

On the contrary, dearth of professionals and high implementation costs are factors that may limit the life science market growth over the forecast period.

 

Scope of the Report

 

The report categorizes the life science analytics market based on end user, deployment model, component, application, and type of analytics, regions, and key players. Life science analytics helps to capitalize on big data to improve the global collaboration resting on the precise clinical research information. It helps in standardizing the clinical trials data along with validating its adherence. In fact, advanced analytics helps early detection of prospective risks as well as proactively address the same.

Key Players

 

IQVIA (US), Oracle (US), IBM (US), SAS Institute Inc. (US), SCIOInspire, Corp. (US), Optum, Inc. (US), Saama Technologies, Inc. (US), McKesson Corporation (US), Inovalon (US), Health Catalyst (US), CitiusTech Inc. (US), Cerner Corporation (US), and Allscripts Healthcare, LLC (US).

 

 

Life Science Market Segmentation

 

  • The MRFR Report provides an inclusive segmental analysis of the life science analytics market based on end user, deployment model, component, application, and type of analytics.

 

  • By type of analytics, the life science analytics market is segmented into prescriptive analytics, descriptive analytics, and predictive analytics. Of these, descriptive analytics will lead the market over the forecast period for its increasing preference by life science companies as they work wonders to understand past trends.

 

  • By application, the life science analytics market is segmented into supply chain optimization, sales and marketing, regulatory compliance, pharmacovigilance, and research & development. Research and development is again segmented into preclinical trials and clinical trials. Of these, research and development will dominate the market over the forecast period for the increasing use in the research and development activities to develop innovative life science products.

 

  • Based on component, the life science analytics market is segmented into hardware, services, and software. Of these, the software segment will have a major share in the market over the forecast period for the increasing use of analytics software in the life science industry.

 

  • By deployment model, the life science analytics market is segmented into cloud-based, on-premise, and deployment model. Of these, the on-premise model will command the largest share in the market over the forecast period.

 

  • By end user, the life science analytics market is segmented into biotechnology and medical device companies, pharmaceutical, hospitals and clinics, and others. Of these, hospitals & clinics will spearhead the market over the forecast period as it augments healthcare productivity and minimizes clinical errors.

 

Regional Analysis

 

By region, the global life science analytics market covers the growth opportunities and recent trends across Europe, the Americas, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the Americas will spearhead the market over the forecast period for increasing adoption of healthcare IT solutions and increasing healthcare spending.

 

The life science analytics market in Europe is predicted to have the second-largest share over the forecast period for better availability of healthcare services and solutions, technological advancements, and increasing incidence of chronic diseases.

 

The life sciences analytics market in the APAC region is predicted to grow at a fast pace over the forecast period. The presence of several healthcare IT companies and fast-developing life sciences industry are adding market growth.

 

The life sciences analytics market in the MEA is predicted to have significant growth over the forecast period for rapid technological advancements and increasing support from the government to develop the healthcare IT industry.

 

 

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Prefilled Syringes Market Size, Strategies, SWOT Analysis and Forecast to 2024

Market Overview:

Prefilled syringes are defined as disposable syringes (meant for one-time use) that are alreadyfilled with the pharmaceutical substances that ares to be injected into the patient’s body. A new report on the global prefilled syringes market, published by Market Research Future (MRFR),points out that this market could see a rise at 10.20% CAGR between 2016 and 2024. In terms ofmoney value, the market can be worth USD 8397.23 Mn by the end of the forecast period.

 

A new report on the global Prefilled Syringes Market Share published by Market Research Future (MRFR), points out that this market could see a rise at 10.20% CAGR between 2016 and 2024. In terms of money value, the market can be worth USD 8397.23 Mn by the end of the forecast period.

 

Key Players:

  • Abbott
  • Baxter International
  • Becton Dickinson & Company
  • Gerresheimer AG
  • Medtronic
  • Nipro Corporation
  • OMPI
  • Schott AG
  • Terumo Corporation
  • Vetter Pharma International GmbH
  • Weigao Group
  • West Pharmaceutical

 

Market Segmentation:

  • The global prefilled syringes market segmentation encompasses design, end-user, material, and type. MRFR’s take on the market surveys various facets of the market in-depth.
  • The design-based segmentation of this market covers single-chamber prefilled syringes, dual-chamber prefilled syringes, and customized prefilled syringes. During the forecast period, the dual-chamber prefilled syringes segment is expected to grow at 10.31% CAGR. Single-chamber prefilled syringes segment is expected to hold the larger market share of 56% in the global market.
  • Regarding end-users, the market has been segmented into the ambulatory surgical center and hospitals/clinics. Due to the growing number of public hospitals as well as private hospitals, the hospitals segment has been anticipated to grow faster during the forecast period.
  • Based on material, the market has been segmented into glass prefilled syringes and plastic syringes. The glass prefilled syringes segment has been sub-segmented into baked on silicone syringes and oil siliconized syringes. Plastic syringes segment has higher growth due to its usage in many applications of pharmaceutical packaging during the forecast period.
  • By type, the market has been segmented into conventional prefilled syringes and safety prefilled syringes. Conventional prefilled syringes held the larger market share of about 68% in 2017.

 

Regional Segmentation:

The regional analysis of the prefilled syringes market globally consists of regions is divided into Europe, Americas, Asia Pacific, Middle East and Africa.

The European region is responsible for the leading market share of about 41.4 percent in the year 2017 and is expected to lead the prefilled syringes market globally. The higher share is majorly attributed to the rising geriatric population, demand for quality healthcare and growing trend of home-based treatment separate with high healthcare expenditure.

The Americas region is responsible for the second biggest market portion, whereas the Asia Pacific region is anticipated to develop at a rapid expansion rate of about 10.78 percent during the forecast period. With loads of prospects and unceasingly developing economies, the region is expected to be among the rapidly growing area. Moreover, factors such as Japan’s quick adoption of plastic devices along with the modern healthcare developments, and increasing number of private and public hospitals, are promoting the growth of the market.

The Middle East and Africa region with a lesser degree of economic developments and very low-income per capita is responsible for the minimum market share in 2017 but is likely to develop in the future.

 

Latest Industry News

  • Made by Regeneron, chemistry, manufacturing, and controls prior-approval supplement for the Eylea injection prefilled syringe that has been approved by the USFDA. 13 AUG 2019

 

NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

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Device as a Service Market 2020 Emerging Technologies, Key Players Analysis and Industry Poised for Rapid Growth by 2023

Market Research Future published a research report on “Device as a Service Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Snapshot

Market Research Future projects a detailed study on the recent trends, various challenges faced, and the segments of the global device as a service market. The study claimed that there would be a striking upsurge at a CAGR of ~54.7% between 2017 and 2023 for the global Device as a Service Market. Apart from this, the market is going to gain a valuation of 66,129.9 million in 2023.

The device as a service (DaaS) is an emerging service model developed for managing hardware devices such as laptops, desktops, personal computers (PCs), tablets or mobile phones, and the software that is required to function in the businesses. The ability of DaaS providers to offer services to customers with a monthly subscription fee. In the present time, the market of the device as a service is in advance with gaining popularity among enterprises to minimize the IT expenses, particularly for IT hardware infrastructure, which is the leading factor for the growth.

Over the years, businesses have undergone quite a few technical advancements, which have led to a boost in the cost of the IT infrastructure. These costs have ultimately surged the capital expenditure (Capex) and operational expenses (Opex) notably. The study also includes that the State of IT Budget 2019 report by Spiceworks, Inc. identified essential factors that increase the IT budgets on infrastructure. With an estimated 64%, North American and European companies have surged their IT budgets to promote the outdated IT infrastructure substantially. All these factors are thus impacting the global Device as a service (DaaS) market to a great extent and will be flourishing through the forecast period.

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Furthermore, owing to the mounting concerns on IT budgets, modern enterprises are inclined towards adopting DaaS solutions, which play a pivotal role in reducing capital and operational expenditure. The adoption of DaaS thus assists enterprises globally with an array of services to manage hardware. Also, with offers value-added expertise via an all-inclusive managed solution, the market is gaining maximum traction that will be added factor behind the growth of the market.

With these factors, the rising call for reducing the capital expenditure and operational expenditure (Opex) by enterprises is yet another factor driving the adoption of DaaS market during the estimated period.

Key Players:

The key players of the global Device as a Service Market are HP Development Company, L.P (US), Microsoft Corporation (US), Dell Inc. (US), Amazon Web Services Inc. (US), Lenovo (Hong Kong), Citrix Systems, Inc. (US), Plantronics, Inc. (US), CompuCom Systems, Inc., (US), Capgemini (France), and SHI International Corp. (US).

Segmental Overview

Moving further, as per the study, the DaaS market has been segmented by the elements component, deployment mode, organization size, and industry vertical.

  • In Terms Of Component: Hardware, solution, and services are the segments. Of which, the hardware segment acquired for the largest market share in 2017, whereas, the services segment might register the highest CAGR of 60.4% through the forecast period.
  • In Terms Of Deployment Mode: Cloud and on-premises are the segments. Of these, the cloud segment acquired the larger market share in 2017 and might register the higher CAGR all through the estimated period.
  • In Terms Of Organization Size: The small and medium enterprises and large enterprises are the segments. Of which, small and medium enterprise segment acquired the larger market share in 2017, and now it is anticipated to record the higher CAGR of 56.1% all through the assessment period.
  • In Terms Of Industry Verticals: IT & telecom, manufacturing, healthcare, BFSI, government, retail, education are the segments. Of which, the IT & Telecom segment acquired the largest market share in 2017, has a market valuation of USD 1,399.0 million. Thus, in the future, this segment might register a CAGR of 57.3% in the forecast period.

Regional Analysis

Region-wise, the global device as a service (DaaS) market study also spans across the major regions of Europe, North America, Asia-Pacific, and the Middle East & Africa, and South America.

Among these, the North America region is the leading region by market share. The market growth is attributed to the occurrence of many vendors of DaaS offering services to local as well as international clients. The foremost players in this region included are SHI International Corporation, Microsoft Corporation, LP, HP Development Company, and Plantronics, Inc., that work across the region.

The region of Europe was positioned as the third-largest market in the DaaS market in 2017. Europe includes countries as the UK, Germany, France, and the rest of Europe, among which the UK might gain the highest market share along with Germany, France, and the rest of Europe. The factors highly responsible for the market growth are directed towards an augment in the number of connected devices with the mounting adoption of IoT across all verticals. DaaS is speedily being deployed by enterprises in the IT and telecommunication, retail, and BFSI sectors presently in Europe.

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Key questions addressed by the report

  • What was the historic market size (2017)?
  • Which segmentation (component/deployment mode/organization size/industry vertical) are driving market?
  • What will be the growth rate by 2023?
  • Who are the key players in this market?
  • What are the strategies adopted by key players?

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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E-wallet Market 2020 Development Status, Competitive Landscape and Industry Expansion Strategies by Forecast 2023

Market Research Future published a research report on “E-wallet Market Research Report – Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

E-wallet Market – Overview

Developments in the ecommerce industry have given way to the emergence of e wallets, which have fast gained popularity recently. Market focused reports connected to the information and communication technology industry among others of late have been made accessible by Market Research Future which issues reports on this industry. The market is expected to develop at a CAGR of 15 percent and is projected to achieve a market size of USD 2,100 billion approximately by the end of forecast period.

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The growth of e-commerce sites has paved the way for increased use of online payment methods, of which e wallets have captured a significant majority. The ability to ensure safe and secure monetary transactions has been one of the factors that have driven the expansion of the market. Convenience in terms of payment and accessibility to bank accounts at any time will increase the demand for the market considerably.

Key Players:

Market Research Future study identifies Alibaba Group Holding Ltd. (China), Apple, Inc. (U.S.), Citrus Payment Solutions (India), Google, Inc. (U.S.), MasterCard (U.S.), Oxigen Services India Pvt. Ltd (India), PayPal Holdings (USA), Samsung Electronics Inc. (South Korea), and Visa (USA) as the key vendors in the global E-wallet market.

Industry Segments

The E wallet market globally has been segmented on the basis of mode, type, application, and region. Online payment, m-wallet are the segments in the mode segment of the market. The type segment of the e wallet market comprises of semi closed e-wallets, closed e-wallets, open e-wallets. The application based segmentation of the market consists of entertainment, transportation, retail, banking among others. By region, the market comprises of Asia Pacific, North America, Europe, and Rest of the World (ROW).

Regional Analysis

Geographically, the North American market trailed by Europe are a few of the key regions backing the market growth in a major way. The Asia pacific region encompassing countries like Japan, China, and India are moving towards cashless economies. Due to this, there are ample growth opportunities for e-wallets owing to the improved adoption of the smartphones in this region. In India, demonetization has affected online payment transfer, leading to an upsurge in the number of transactions drastically. The government backing for the digital and cashless economy along with other such initiatives will fuel the growth of e-wallet market in the coming years. Moreover, nations across the globe are progressively supporting online wallet payment which will help to track all types of transaction and lower transactions linked to black money.

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Intended Audience

  • Service providers
  • Software Developers
  • IT enablers
  • Cloud providers
  • Banks
  • Storage Providers
  • Software Investors
  • Database solutions

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Construction Robot Market 2020 Global Analysis, Sales Revenue, Regional Trends and Opportunity Assessment Till 2023

Market Research Future published a research report on “Construction Robot Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Insights

The growing need for automation for multiple functions in the construction sector, the global construction robot market is composed to witness phenomenal growth in the coming years. On this, Market Research Future has published the newest report on global construction robot market that it is anticipated to gain enticing increase at a healthy pace with 17% CAGR by 2023 while winning a valuation of USD 165 million globally.

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Along with the increasing demand for fast and accurate construction activities coupled with a useful resource as well as time management, robots are considered to be vital state-of-work and is also projected to be a critical part of the entire construction industry.

Hence, the advent of construction robot in the current construction business sphere has led to the completion of time-consuming construction activities in a short time frame with greater efficiency. This beneficial aspect of construction robot has fortified to more product demand globally. Thus, the Construction Robot Market has observed an exceptional growth graph since some time and is also expected to earn more valuation in the coming years.

Key Players

The protruding players in the market of Global Construction robot  are listed as Brokk AB (Sweden), Husqvarna (Sweden), Esko Bionics (U.S.), Komatsu (Japan), Conjet AB (Sweden), TopTec Spezialmaschinen GmbH (Germany), Construction Robotics (U.S.) Fastbrick Robotics (Australia), Autonomous Solutions (US), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), Cyberdyne (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US) and Beijing Borui Intelligent Control Technology (China).

Global Construction Robot Market Segmentation

The global construction robot market has been broadly segmented in terms of design, automation, function, and vertical.

By the mode of design, the market is comprised of traditional robot, robotic arm, exoskeleton.

By the mode of automation, the market is segmented into fully autonomous and semi-autonomous.

By the mode of function, the market comprises of demolition, bricklaying, 3D printing, concrete structural erection, finishing work, doors and windows installation and others.

By the mode of vertical, this market is comprised of public infrastructure, commercial and residential buildings, nuclear dismantling and demolition, and road and tunnel construction.

Regional Outlook

The geographical analysis of global construction robot market is studied under regions of North America, Europe, Asia-Pacific, and the rest of the world.

Currently, the Asia-Pacific region is leading the global construction robot market owing to the implementation of automation in mining and construction industries in Australia, China, India, Malaysia, and Vietnam. Other than these, Japan is known to be a pioneer region in the application of robots, as it has been implementing robots in construction activities since the 1980s.

Whereas, the European construction robot market is expected to proliferate due to the increasing demand for construction and demolition robots in various facilities. Also, there is an expanding number of government regulations and growth in residential and non-residential construction projects, which is leading the construction market to expands exponentially.

Construction robot market is also expected to attain sustainable growth in North America during the forecast period due to the scarcity of skilled labor, need for waste reduction, precision, and efficiency in production, increased safety, and use of drones on construction sites.

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Intended Audience

  • Global Construction robot Providers
  • Raw material suppliers
  • Original Equipment Manufacturers (OEMs)
  • Technology providers
  • Solutions providers
  • Intellectual property license providers
  • Government and regulatory bodies
  • Research institutes and organizations
  • Construction robots distributors
  • Technology Investors

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4K TV Market 2020: Global Analysis, Latest Innovations, Future Plans, Competitive Landscape And Opportunity Assessment 2023

Market Research Future published a research report on “Global 4K TV Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview

The global 4K television (TV) market, by the end of 2023, is expected to touch a valuation of approximately USD 50 billion, asserts Market Research Future (MRFR). The market also shows signs of achieving a growth rate of 24% during the forecast period (2017-2023).

Top Drivers and Key Barriers

Fast-paced advancements in technology have entirely transformed the consumer electronics sector. Innovative products that are made using latest technologies provide the customers comfort as well as an enhanced experience. In the past decade, the television industry has noted remarkable changes owing to the advancements in LED, LCD, AMOLED and OLED technologies.

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4K TVs have gained considerable traction in the market, as these give ultra-high-definition pictures. The market for 4k TV is abuzz with numerous renowned companies that are competitive, and maintain their position by producing latest panel technologies that provide energy-efficient and cost-efficient displays with elevated resolution. Surging adoption of streaming services for entertainment purposes benefits the 4k TV Market.

High usage of internet coupled with the surging content on streaming platforms have boosted the demand for streaming services, which have now become as popular as the traditional TV cable platforms. In addition, the increasing use of ultra-high definition camcorders as well as cameras among filmmakers has provided a substantial push to the 4k TV market. The growing number of high definition content vendors like Blu-ray players also benefits the worldwide 4k TV market.

Global Market for 4K TV – Segmental Analysis

The MRFR report provides a segmental study of the global 4K TV Market, with respect to the product type and end users.

Given the type segment, the market has been considered for 65 Inch, 55 Inch and <55 Inch.

The end-users in the worldwide market are public and household.

Key Players

The key players in the global 4K Television Market include- Sony Corporation (Japan), Videocon Industries Limited (India), TTE Technology, Inc (China), LG Display (South Korea), Samsung Electronics Co. Ltd (South Korea), Haier Inc. (China), Sharp Corporation(Japan), Panasonic Corporation (Japan), Skyworth Electronics Pvt Ltd (China), Toshiba Corporation (Japan), among others.

Regional Analysis

The market for 4K TV has been divided into Asia Pacific (APAC), Europe, North America, and rest of the world (RoW), considering all the latest trends and the growth opportunities that can be expected during the conjectured timeframe.

APAC was the top market for 4K TV in 2017 and can maintain its position even during the review period. The region is inundated with several renowned television manufacturers as well as an expansive pool of consumers, which helps stimulate the market growth. Mounting disposable income, rising demand for consumer electronics, increasing adoption of latest technological solutions and growing competition between 4K television vendors also benefits the regional market. Besides, surging penetration of 4K TVs and the broad range of low priced offerings by companies are estimated to leave a strong impact on the APAC market in the coming years.

The sale of 4K televisions in North America is projected to be high in the following years. The United States (US) is a prominent importer of 4K televisions, which boosts the market demand in the region. The thriving consumer electronics sector coupled with the soaring demand for high-end home products could also work in favor of the 4K TV market in the region.

Europe is going to be the third most profitable market for 4K TV’s in the near future, thanks to the rising consumer preference for 4K technology for improved imaging. Some of the significant markets for 4K TV in the region have been identified as Germany, France and the United Kingdom (U.K).

RoW, consisting of the Middle East and Africa as well as Latin America, can also observe phenomenal growth in subsequent years, backed by the mounting popularity of ultra-high definition televisions and the overall economic growth in recent years.

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Intended Audience

  • Manufacturers
  • Distributors
  • Research firms
  • Consultancy firms
  • Software Developers
  • Vendors
  • Semiconductor Manufacturers
  • End-user sectors
  • Technology Investors

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.