According to a recent report published by Allied Market Research, titled,"Airport Baggage Handling Systems Market by Airport Class, Service, Type, and Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global airport baggage handling systems market was valued at $8,504.2 million in 2017, and is projected to reach $14,509.9 million by 2025, growing at a CAGR of 6.7% from 2018 to 2025.
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At present, North America dominates the market, followed by Europe. In 2017, the U.S. dominated the North America market, and UK led the overall market in Europe. On the other hand, in the Asia-Pacific region, China dominates the market.
Increase in air travel, modernization of airports, and technological advancements, such as RFID tags and NFC, drive the growth of the global airport baggage handling systems market. However, high upfront & maintenance cost of baggage handling systems and high consequences of system failure impede the market growth. On the contrary, utilization of robotization in the airports baggage handling process is expected to create lucrative opportunities for the key players operating in this market
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Key Findings of the Airport Baggage Handling Systems Market:
Based on airport class, the class A segment led the global airport baggage handling systems market in 2017. However, the class B segment is anticipated to grow at the highest CAGR during the forecast period.
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North America held a major market share in 2017.
By technology, the barcode segment dominated the global airport baggage handling systems market in 2017.
LAMEA is anticipated to exhibit the highest CAGR in the near future.
Sep 23, 2019 (Heraldkeepers) -- The globalIn Vitro Fertilization (IVF) Marketsize worth USD12.7 billionwith expanding at aCAGR of 10.5%during the forecast period of 2018-2023.
Infertility is caused mainly due to the low sperm count, inability to form eggs and other reasons.
In Vitro Fertilization (IVF) market is expected to witness significant growth due to rising prevalence of miscarriages and genetic abnormalities owing to delayed conception.
In vitro fertilization (IVF) is a landmark achievement in medical science, which aids infertile people in overcoming medical issues and convene naturally and is generally viewed as the last option in efforts to conceive.
A significant amount of the global population affected by infertility, which has become a major challenge for the healthcare industry.
In Vitro Fertilization (IVF) market to be driven by technological advancements in In vitro fertilization technique and rising acceptance of surrogacy.
The major factors driving the growth of this market are the increasing incidence of spinal cord injuries, the growing preference for minimally invasive surgeries, and a rising geriatric population.What the Market Looks Like?The global pedicle screw systems market is expected to reach USD 724.23 million by 2023 from USD 538.64 million in 2018, at a CAGR of 6.1%.
The market is dominated by North America, followed by Europe.
North America will continue to dominate the market during the forecast periodBy product type, the pedicle screw systems market is segmented into monoaxial, polyaxial, and other pedicle screw systems.
In 2018, the polyaxial pedicle screw systems segment is estimated to command the largest share of the pedicle screw systems market.
The large share of this segment can be attributed to the increasing incidences and prevalence of spinal cord injuries.Download PDF Brochure @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=98811670What are Key Trends in the Market?The growth of the Pedicle Screw System Market is primarily influenced by the following factors:Increasing Incidence of Spinal InjuriesRising Geriatric PopulationTechnological AdvancementsGrowing Preference for Minimally Invasive SurgeriesBy application, the market is categorized into thoracolumbar fusion and cervical fusion.
In 2018, thoracolumbar fusion is expected to command the largest share of this market.
The technological advancements in surgical robots, the increasing adoption of surgical robots, the various advantages of robotic-assisted surgery, and the increase in funding for medical robot research are the key drivers of the surgical robots market.
Increasing penetration of surgical robots in ASCs and emerging markets are also supporting the growth of this market.The Surgical Robots Market is expected to reach USD 11.8 billion by 2025 from USD 6.7 billion in 2020, at a CAGR of 12.1%.Ask for PDF Brochure:-https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256618532Market Segmentation: -The surgical robots market is segmented based on product & service into robotic systems, instruments & accessories, and services.
The instruments & accessories segment is expected to command the largest share of the market in 2020 and is estimated to grow at the highest CAGR during the forecast period.
The recurrent purchase of instruments & accessories as opposed to robotic systems, which are a one-time investment, is the major factor driving the growth of this product segment.The market is segmented into general surgery, urological surgery, gynecological surgery, orthopedic surgery, neurosurgery, and other applications based on applications.
The general surgery applications segment is estimated to command the largest share of the market in 2020, and this segment is also projected to register the highest CAGR owing to increased use of surgical robots in general procedures such as bariatric surgery, Heller myotomy, gastrectomy, hernia repair, cholecystectomy, transoral surgery, and pancreatectomy.Market Drivers: - 1 Advantages of Robotic-Assisted Surgery 2 Technological Advancements 3 Increasing Adoption of Surgical Robots 4 Increase in Funding for Medical Robot ResearchRegional Analysis: -North America is expected to dominate the global surgical robots market in 2020, the Asia Pacific region is expected to register the highest CAGR during the forecast period.
The high growth in this region can be attributed to the increasing demand from key markets such as Japan and China and the large patient population in India.
The market is mainly driven by the rising incidence of skin diseases, surging disposable income, escalating geriatric population, increasing appearance consciousness and awareness about beauty devices, and growing prevalence of hormonal disorders, according to P Market Research.In terms of usage, the beauty devices market has been categorized into salon, spa, at-home, and others.
During the forecast period, the market is expected to witness the highest growth in the at-home category, with a CAGR of 20.2%.
The easy availability of these beauty devices across the globe and less expertise required for their use leads to their increased adoption is attributing to its growing popularity globally.Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/beauty-devices-market/report-sampleDuring the forecast period, the European beauty devices industry is expected to outpace the North American beauty devices industry, in terms of growth, on account of increasing healthcare spending, growing aging population, increasing prevalence of skin diseases, and technological advancements in beauty devices.Pre-Purchase Enquiry: https://www.psmarketresearch.com/send-enquiry?enquiry-url=beauty-devices-market Lumenis Ltd. offers a diverse range of devices for aesthetic treatments, which include ablative-skin-resurfacing, acne-scars-treatment, blepharoplasty, laser hair removal, pigmentation, rosacea, scar revision, skin-toning, tattoo removal, vascular leg vein, non-ablative skin resurfacing, and photorejuvenation.
Some of its products are LightSheer DESIRE, a new generation of laser hair reduction system, ResurFX, LightSheer INFINITY, M22, and LightSheer Duet.Some of the other key players operating in the beauty devices market are Panasonic Corporation, Lumenis Ltd, Home Skinovations Ltd, the Procter & Gamble Company, Syneron Medical Ltd, iluminage Beauty Inc., Koninklijke Philips N.V., and Carol Cole Company.
The global next generation memory market is expected to reach USD 3.43 billion by 2020, according to a new study by Grand View Research, Inc. Increasing need for fast and economical storage solutions across diverse applications is estimated to drive market growth over the forecast period.
Next generation memory is used for various applications such as enterprise, industrial and automotive to store and manage information, which is expected to augment market growth over the next six years.Increasing use of next generation memory in mobile phones to enhance customer experience is expected to fuel market growth.
Increasing demand for wearable electronics and replacement of flash memory storage may provide new growth avenues to the next generation memory market.
Low environment stability and high design cost may act as a restraint to market growth over the forecast period.Request a Sample Copy of the Global Next Generation Memory Market Research Report @ www.grandviewresearch.com/industry-analysis/next-generation-memory-market/request/rs1 Further key findings from the report suggest:Non-volatile memory storage is expected to remain the key product segment over the forecast period; it accounted for over 90% of the market in 2013.
This technology is used for economical storage and fast processing of data and sustains the stored information even when the power is turned off.
Volatile memory storage is estimated to witness considerable growth over the forecast period.
According to the new market research report RSV Diagnostics Market is expected to reach USD 929.2 Million by 2022 from USD 574.3 Million in 2017, at a CAGR of 10.1%.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95683942 Factors driving the growth of this market include rising burden of RSV infections, growing demand for PoC molecular diagnostic tests for the diagnosis of RSV infections, and increasing approval of RSV diagnostic kits and assays.North America is estimated to command the largest share of the market during the forecast period.Based on region, the Respiratory Syncytial Virus Diagnostics Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).
North America is estimated to dominate the RSV diagnostics market in 2017.
This is mainly due to factors such as the increasing patient base of RSV diseases, technological advancements in PoC molecular diagnostic devices, and growing healthcare expenditures.Based on method, the market is segmented into molecular diagnostics, rapid antigen detection tests, and other methods.
The molecular diagnostics segment is estimated to register the highest growth during the forecast period.Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=95683942Based on end user, the market is segmented into hospitals & clinics and home care.
The hospitals and clinics segment is estimated to grow at the highest rate during the forecast period.
