The global needle-free IV connectors market size is expected to reach USD 1,647.7 million by 2027 according to a new study by Polaris Market Research. The report “Needle-Free IV Connectors Market Share, Size, Trends, Industry Analysis Report, By Mechanism (Positive, Negative, and Neutral); By Design Type (Straight Channel, T-channel, Y-channel, and Multi-channel); By Dwell Time (Seven Days, and More than 7 Days), By End User (Hospitals, Ambulatory Surgical Centers, and Others); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Needle free IV connectors (NFC) are small needleless devices used within intra-venous (IV) catheters, administration sets, and syringes. NFC is the basic medical supply present in any healthcare facility to administer fluid, drug or medication in different vascular access systems. These needle-free systems are designed with the purpose to reduce needle stick injuries, bacterial contamination in the blood to improve patient outcome.
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The complications associated with the needle based connectors such as catheter based blood stream infections and the catheter lumen occlusion are acting as the drivers for the NFC market. The set of NFCs are coming up with superior designs and features to reduce the length of hospital stays and economic burden.
The prominent factors responsible for the growth of NFCs market the rising hospital admission rate, particularly among geriatrics, needle stick injuries among healthcare workers, and superior quality as compared to conventional systems. In 2016, the Center of Disease Control and Prevention (CDC) estimated more than 8.5 million people in the U.S have peripheral artery disease (PAD), out of which approximately 20% of the individuals were above age 60 years. The prevalence of the PAD is estimated equal among the men and women population. The primary reason behind the widespread of these diseases is less awareness among the population, especially in growing economies of the APAC region.
Market participants such as RyMed Technologies, LLC, Baxter International Inc., CareFusion Corporation, B. Braun Melsungen AG, Nexus Medical LLC, Becton, Dickinson and Company, ICU Medical, Inc., and Vygon S.A. are some of the key players operating in the concerned market. The factors such as superior designs, unique features, user friendliness with the healthcare workers, price, technology, and strong distribution in the geographical area are the competitive forces impacting the player presence in the area. The bigger companies are focusing on signing long term exclusive distribution agreement to remain dominant force in the market. In May 2019, B. Braun and Nexus Medical signed an agreement to distribute TKO-6P luer activated anti-reflux device. This will increase customer coverage with enhanced patient care for both the parties.
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About Polaris Market Research
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The global needle-free IV connectors market size is expected to reach USD 1,647.7 million by 2027 according to a new study by Polaris Market Research.
The set of NFCs are coming up with superior designs and features to reduce the length of hospital stays and economic burden.
The prominent factors responsible for the growth of NFCs market the rising hospital admission rate, particularly among geriatrics, needle stick injuries among healthcare workers, and superior quality as compared to conventional systems.
In 2016, the Center of Disease Control and Prevention (CDC) estimated more than 8.5 million people in the U.S have peripheral artery disease (PAD), out of which approximately 20% of the individuals were above age 60 years.
Complete Summary with TOC Available@ https://www.polarismarketresearch.com/industry-analysis/needle-free-iv-connectors-market/toc Market participants such as RyMed Technologies, LLC, Baxter International Inc., CareFusion Corporation, B. Braun Melsungen AG, Nexus Medical LLC, Becton, Dickinson and Company, ICU Medical, Inc., and Vygon S.A. are some of the key players operating in the concerned market.
The bigger companies are focusing on signing long term exclusive distribution agreement to remain dominant force in the market.
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The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.75% during the forecast year.
The modular construction method offers the benefits of greater flexibility and reuse, quality control, cost savings, faster build times, and environmental benefits.♦ Simply Download PDF Brochure – https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11812894The modular construction market has thousands of companies which thrive in their domestic market.
A few of the major players are, Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Algeco Scotsman (UK), and Kleusberg GmbH (Germany).
These players have adopted various growth strategies, such as acquisitions, investments, expansions, joint ventures, and partnerships to increase their market shares and enhance their product portfolios.Contracts, new projects, and agreements accounted for the largest share of all the strategic developments that took place in the modular construction market between 2017 and 2020.
The company designs, constructs, funds, and maintains the built environment by providing the facilities to educate, accommodate, transport, employ, care for, and sustain communities.
Through its wide business portfolio, it serves numerous sectors comprising buildings, power, transport, water & utilities, oil & gas, and mining & natural resources.♦ Inquiry Before Buying – https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=11812894Red Sea Housing is a diversified organization offering affordable housing, industrial housing, and building material solutions to the world.
Top-down and bottom-up approaches were used to validate the size of the EMEA 3D cone beam computed tomography systems market and to estimate the size of other dependent submarkets.
Various secondary sources such as associations National Institutes of Health (NIH), International Federation of Endodontic Association (IFEA), International Association of Dental Traumatology (IADT), International Association for Dental Research (IADR), FDI World Dental Federation, Centers for Disease Control and Prevention (CDC), and Medical Records Institute, directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market.Major Growth Drivers:The growing number of dentists is one of the major drivers for the growth of the dental CBCT market in this region.
This increase, along with the subsequent establishment of new clinics and rising government spending on healthcare, has contributed to a growing demand for dental equipment like CBCT systems.Expected Revenue Growth:The EMEA 3D CBCT systems market is projected to reach USD 300.4 Million by 2023 from USD 194.3 Million in 2018, at a CAGR of 9.0%.Accessories to Fuel the Growth of EMEA 3D CBCT systems marketEven though the market is expected to grow at a high CAGR, the high cost of 3D CBCT system in addition to the lack of favorable reimbursement, is negatively impacting the adoption of new and advanced technologies in the market.
Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=148086734This report analyzes the EMEA 3D CBCT systems market by application, end user, and region.
Based on application, the market is broadly segmented into dental and non-dental applications.
The dental application segment accounted for the largest share of the EMEA 3D CBCT systems market.
Market Snapshot:
Basmati is the high quality long grain aromatic rice grown traditionally in Indian subcontinent. The rice posses distinctive features with delicious taste, flavor and superior aroma. It is the significant part of Indian cuisines and also used in the Persian, Middle Eastern and Arab cuisines. The major varieties of the Basmati rice include Pusa Basmati-1, Ranbir Basmati, Basmati 217, Basmati 386, Basmati 370, Basmati 198, and DP Basmati.
Basmati rice has been enjoying its premium position in the global marketplace, which is reflected with the growth of the market across the world. The growth in the global basmati rice is particularly due to its high demand in Asian countries, owing to its usage as staple food in the different cuisines, strong production and innovations in the agriculture technology. However, the growth in the Basmati rice is curtailed due uncertainty over monsoon and decrease in agriculture land.
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In terms of revenue, the worldwide market for basmati rice is estimated to worth US$10.5 Bn by 2017 and expected to reach US$17.7 Bn by 2022, at a CAGR of 11.1% over the forecast period.
Market Segmentation, By Type
- Raw
- Steamed
By Species
- White
- Brown
- Other
By Application
- Food and Cosmetics
- Personal Care
By Distribution Channel
- HORECA
- Modern Trade
- Convenience Store
- Online Store
- Traditional Grocer Stores
- Other Channels
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Raw Basmati Rice to Remain Most Preferred
Among three type of basmati rice, raw, parboiled and steamed, the demand of raw basmati is much higher as compared with steamed and parboiled across the world, owing to its superior quality, taste and fragrance. The raw basmati is expected to register a CAGR of 12.9% from 2017 to 2022, and will hold largest share over the period of time.
Based on species, the basmati rice is available in two variants: White and Brown. Among the two, the White basmati is most preferred by the people. However, due to consumer awareness about the health benefits, brown rice is expected to witness high growth rate in the coming future.
In terms of application, the global basmati rice market is classified into the food and the cosmetic and personal care sectors. The food industry is reporting a higher demand for basmati rice in comparison with the cosmetic and personal care industry and this trend is expected to continue in the near future.
By the sales channel, the market is categorized into HORECA, modern trade, online store, convenience store, and traditional grocery stores. Traditional grocery stores are still the main sales channel for basmati rice, with convenience stores closely following. Modern trade and online stores are attempting aggressively to keep up with the market.
Competitive Scenario
The key players operating in the global basmati rice market are the East End Foods, The Rice 'n Spice Int. Ltd., The Hain Celestial Group Inc., Estraco Kft., McCormick & Co. Inc., LT Foods Ltd., KRBL Ltd., Amira Nature Foods Ltd., Mars Inc., and REI Agro Ltd. are some the key vendors of basmati rice across the world.
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