Antiepileptic drugs are prescribed due to the rising demands for treatment for epilepsy.
Adoption of novel approach by manufacturers for production of therapeutic drugs also contributes to the market growth in the forecast period. However, rise in demand for generic drugs and availability of cheaper substitutes are likely to hinder the market growth in the forecast period.
On the basis of generation, the epilepsy drugs market is segmented as first generation epileptic drugs, second generation epileptic drugs, and pipeline drugs.Pipeline drugs hold a significant market share in the forecast period due to their enhanced efficiency and efficacy.
The research report included company profiles of top manufacturers, their data, deals income, revenue share, deal volume, and purchaser volume is equally specified.
It also contains forecasts using a suitable set of expectations and approaches.
The report determines with the profiles of foremost players in the global.
The major market players are estimated on various factors such as company overview, product selection, and revenue of ‘Global Sports Inflatable Products Market’.
‘Global Sports Inflatable Products Market’ Report covers market appearances, size and progress, segmentation, provincial collapses, competitive background, market shares, tendencies and strategies for this market.
Significant financial deals which have molded the market in the previous years are recognized.
01 Oct 2018 – The Drug Eluting Stent Market is projected to register a higher CAGR during the forecast period. Adoption of minimally invasive techniques may augment the market demand for drug eluting stents.
Market challenges such as declining prices and side effects pertaining to the use of drug eluting stents might impede the market growth. Based on polymer coating, the drug eluting stents market comprises non-biodegradable polymer-based and biodegradable polymer based.
Geographical segmentation for drug eluting stent market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. The market is driven by stringent norms and regulations along with favorable reimbursement coverage.
Alcohol and drug testing equipment are utilized to test inebriation levels stimulated by drug and alcohol consumption. Chromatography instruments, immunoassay analyzers, hair testing devices and oral testing devices, urine testing devices, and breathalyzers are extensively utilized for testing drug and alcohol content in individuals. The worldwide market for alcohol breathalyzer and drug testing equipment is anticipated to increase at a 6.9% CAGR in value terms all through the calculated period 2018-2026. The worldwide market estimated at around US$ 7,300 Million during 2017 that is likely to grow approximately US$ 13,393.3 Million towards the end of 2026.
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Market Segmentation
In terms of the equipment, the global market includes infrared (IR) based breathalyzer, semiconductor based breathalyzer, immunoassay analyzers, fuel cell based breathalyzer, oral fluid testing devices, chromatography instruments, hair testing devices and urine testing devices. The IR based breathalyzer is employed widely, owing to its high level of precision. This category is therefore likely to foresee robust growth over the assessment period. The fuel cell based breathalyzer is likely to continue as the biggest category over the calculated period, reflecting the maximum 7.3% CAGR.
In terms of the application, the global market includes alcohol detection and drugs detection. The alcohol detection is estimated to record the maximum 6.5% CAGR over the projected period, accounting for a market valuation of close to US$ 10 Billion towards the end of 2026. While rising number of drunk driving instances are likely to fuel the requirement for alcohol detection equipment, it is anticipated that drugs detection category will be highly lucrative in the said period.
In terms of the end-user, the global market includes hospitals, federal departments, private sectors and rehabilitation centres. The federal departments end-user category will be witnessing higher demand, trailed by private sectors. Although revenue generation from the earlier category is estimated to account for in excess of US$ 6 Billion, that from the second will probably succeed US$ 4 Billion towards 2026 end. Although, private sectors category is likely to increase at a faster 7.5% CAGR in the coming years.
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In terms of the region, the global market includes Europe, North America, Middle East & Africa, Asia Pacific and Latin America. North America is estimated to lead with 52.3% of the overall market share in value terms, by 2018. APAC regional market is anticipated to remain the highest growing market, reflecting a 7.9% CAGR in value terms over the projected period.
Key Market Players
The major companies functional in the global market are
- Lifeloc Technologies Inc.
- Lion Laboratories Limited
- Andatech Pty. Ltd.
- Intoximeters
- Quest Products, Inc.
- BACtrack
- C4 Development Ltd (Alcovisor)
- Drägerwerk AG & Co. KGaA
- Alere (Abbott.)
- Others
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Global medical aesthetics market is projected to reach $19,419.7 million by 2023, growing at a CAGR of 12.2% during 2017 - 2023.According to the study, the global medical aesthetics market is likely to grow from $8.6 billion in 2016 to $19.4 billion by 2023. Advancement in laser technology, growing awareness among consumers, and health benefits of medical aesthetics procedures have been driving the global medical aesthetics market. The market is further expected to gain revenue due to shift in the preference from surgical to non-surgical procedures. There has been a significant growth in non-surgical medical spa procedures in the recent years, resulting from better technologies, such as intense pulsed light and advanced laser based aesthetics equipment.
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Geographically, North America has been the largest market for medical aesthetics, with the U.S. being the largest contributor to the regional market. North America is considered as the platform for innovation in aesthetics procedures, since a majority of established and upcoming market players are either headquartered or have a significant geographical presence in the region. The emerging economies of Asia-Pacific, especially China and India, are expected to grow tremendously in future, which will make Asia-Pacific the second largest market in the coming years. Asia-Pacific is expected to outpace Europe in in terms of medical aesthetics market size by 2020.
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There have been many technological innovations and advancements taking place in the medical aesthetics market. The latest advancements in the laser technology have led to an increased number of its applications in medical aesthetics. These advancements in laser provide benefits such as, small incisions, decrease in the intensity of pain and fast recovery after the procedure. There has been a notable increase in the application of laser technology for various aesthetic treatments, such as hair removal, skin rejuvenation and body contouring, which is bolstering the global medical aesthetics market.
Some of the other key players in the market include Allergan Plc, Valeant Pharmaceuticals International, Inc., ZELTIQ Aesthetics, Inc., Johnson & Johnson, Cutera Inc., Alma Lasers Ltd., Merz GmbH & Co. KGaA, Galderma S.A., Syneron Medical Ltd., Cynosure, Inc., Photomedex, Inc. and Lumenis Ltd.
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Research Report Insights (RRI) forecasts modest growth for the global bicycles and components market over the next decade. During this 10-year assessment, the market size is expected to grow at a CAGR of 3.5%, attaining a value of US$ 70.14 Bn by the end of 2026. According to the company’s recent report titled “Global Market Study on Bicycle and Components: U.S. Market Expected to Remain Dominant in Terms of Value and Volume Through 2026,” the market will possibly witness increased popularity of lightweight bicycles. The report confirms continued dominance of Europe in the global bicycles and components market throughout the forecast period.
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Rising awareness about physical exercising will drum up the demand for bicycles in near future. Moreover, a growing shift to eco-friendly transportation options, aggravated by burgeoning vehicle fuel prices, will collectively foster the adoption. “Advent of cutting-edge bicycle components and technology is also an important factor spurring the demand, in addition to providing consumers with a myriad options, such as road bicycles, city bicycles, mountain bicycles, etc.,” the reports states further. Promising emergence of commuter bicycles with components targeted to specific conditions is another key factor that the report highlights, impacting the market growth.
Amongst application segments, electric bikes segment will contribute a major revenue share to the global market. Compared to other counterparts, this segment is expected to witness a higher CAGR of 3.4% over 2016-2026, attributed chiefly to their superior battery life and high-fidelity battery technology. Other application segments include road bike, city bike, mountain bike, children bike, and others.
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By technology, metal components will reportedly retain dominance through 2026. Owing to rapidly growing demand for lightweight bicycles, continuous fiber components segment will gain higher traction, resulting in the highest CAGR of 4.3% during the assessed period. The third segment involves discontinuous fiber components.
On the basis of components, frames will continue to lead saddles and rims, expanding at a relatively higher CAGR of 4.4% throughout the forecast period. Rims will represent the second largest component segment, according to Persistence Market Research.
As per the company’s regional analysis, the global market for bicycles and components will see the maximum growth in Asia Pacific. However, the European market will continue to lead globally, representing the largest market size over 2016-2026. Accounting for the maximum revenues of over US$ 13 Bn by 2016 end, Europe will display moderate growth post-2016. APAC will however witness a higher CAGR of 4.2% in terms of value.
“Global Market Study on Bicycle and Components: U.S. Market Expected to Remain Dominant in Terms of Value and Volume Through 2026” also profiles some of the key players operating in the global bicycle and components market, which maintain the dynamic competitiveness of the global market landscape. To mention a few of the leading companies, Giant Bicycles Inc., Atlas Cycles Inc., Avon Cycles Ltd., Cannondale Bicycle Corporation, Cycleurope AB, Accell Group N.V., Caloi Inc., Merida Industry Co. Ltd., Currie Technologies Inc., Dorel, Industries Inc., Shimano, Campagnolo S.r.l., Mavic, SunTour, Sachs-Huret, SABIC, Innovative Plastics, Toray Industrial, Mitsubishi Rayon, Toho Tenax, and BASF attract significant revenues.
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Global Engineering Services Outsourcing Market (ESO) was valued US$ 190.43 Bn in 2017 and is expected to reach US$ 630 Bn by 2026, at a CAGR of 16.15% during a forecast period.
In terms of application, the global engineering services outsourcing (ESO) market is classified into aerospace, automotive, construction, consumer electronics, semiconductors, pharmaceuticals, telecom, and others.
The increased global competition has increased the need for cost reduction, among companies across several industries.
The market trend of companies outsourcing engineering services is anticipated to grow in the upcoming years, as offshore options are rising particularly in India for supporting cost-cutting efforts.
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