univdatos – Today News Spot https://todaynewsspot.com Latest News On Spot Sat, 02 May 2020 09:03:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.6 https://todaynewsspot.com/wp-content/uploads/2020/10/cropped-favicon-32x32.png univdatos – Today News Spot https://todaynewsspot.com 32 32 Indian 2-Wheeler Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-26 https://todaynewsspot.com/indian-2-wheeler-market-industry-analysis-size-share-growth-trends-and-forecast-2020-26/ Fri, 24 Apr 2020 11:30:20 +0000 https://todaynewsspot.com/?p=11536 Indian 2-wheeler market in terms of volume sale would reach 25.6 million by 2025, growing at a CAGR of 2.6% during the forecast period 2020-2025, from sales of 21.2 million units in 2019. India is the 2nd largest two-wheeler market in the world. It stands next only to China and Japan in terms of the […]

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Indian 2-wheeler market in terms of volume sale would reach 25.6 million by 2025, growing at a CAGR of 2.6% during the forecast period 2020-2025, from sales of 21.2 million units in 2019. India is the 2nd largest two-wheeler market in the world. It stands next only to China and Japan in terms of the number of two-wheelers produced and the sales. In 2018, the Indian two-wheeler market accounted for 20.2 million units. The urban market for two- wheelers is largely penetrated with nearly 57 of every 100 youths that earn an income to support the ownership of a two-wheeler. Based on source type, the Indian 2-wheeler market is segmented into ICE (Internal Combustion Engine) and E2W (Electric 2-Wheeler). Currently penetration of E2W in India is low compared to the conventional ICE 2-wheelers. However, as per the government plans, penetration of E2W is expected to grow at an exponential rate. The government wants to increase the adoption of electric vehicle to 100% by 2030. However, majority of vehicle manufacturers have different view. As per the automotive experts, electric vehicle has huge opportunity, however the conversion should be in phases. The increasing concerns toward greenhouse gas emissions (GHG), leading to various government initiatives and the formulation of strict emission regulations, are some of the key factors responsible for the growth of the electric 2-wheeler market in India. In addition, the entrance of new and existence of established manufacturers, as well as the introduction of various new variants of electric scooters, are projected to augment the market growth during the forecast period.

For detailed analysis of the overall sales of ICE 2W and adoption of E2W in India browse through- https://univdatos.com/report/-india-2-wheeler-market-current-scenario-and-forecast-2020-2025

Currently majority of 2-Wheelers manufactured in India are for domestic market. Export account for low share, however, recently demand for 2-wheelers in oversea market have influenced the manufacturer to increase their concentration on export. There is lot of potential seen in countries such as Vietnam, Thailand, Indonesia, Middle East, Latin America East African nations. In the Automotive Mission Plan 2026, the government and industry set a target to triple industry revenues, to US$ 300 billion, and expand exports sevenfold, to US$ 80 billion. To meet these aims, it is estimated that the sector could contribute more than 60 million additional direct and indirect jobs, and the result could be improved manufacturing competitiveness and reduced emissions. In 2018, after two consecutive years of decline in its export volumes, BAL’s motorcycle exports (~33% of total volumes) are witnessing signs of growth revival, resulting in higher demand for BAL’s products. Management expects its 2W export volumes to grow at 15% CAGR over the next 3 years.

For detailed analysis of the overall development in the Indian 2W industry, browse through- https://univdatos.com/report/-india-2-wheeler-market-current-scenario-and-forecast-2020-2025

Based on source type, we have segmented the market into ICE (Internal Combustion Engine) and Electric 2-wheeler. ICE segment holds lion’s share in the Indian 2-wheeler market while electric segment expected to grow considerably over the analyzed period. Based on vehicle type, the ICE 2-wheeler market is mainly bifurcated into Motorcycle, Scooter, Moped, Performance Bike and Other Models. Motorcycle sales in India skyrocketed over the past few years, making the country the biggest motorcycle market in the World overtaking China since the 2016. The motorcycle sales in India will continue to follow its trend and will keep dominating the Indian 2-wheeler market. An increased demand from urban and semi-urban areas for motorcycle and a relatively low cost of ownership are some of the leading factors propelling the growth of the motorcycle market in India.

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Some of the major players profiled in the global electric motor market study include Hero MotoCorp, Honda, TVS, Bajaj, Royal Enfield, Yamaha, Suzuki, Piaggio, Mahindra, Kawasaki, Harley Davidson and Triumph. These industry players are entering into several mergers & acquisitions and partnerships for the expansion of their reach and increasing their hold on the market. The Indian 2-Wheeler industry is dominated by 3 major players, which account for more than 80% share in the industry.

Indian 2-Wheeler Market Segmentation

Market Insights, by Source Type

ICE (Internal Combustion Engine)

E2W (Electric 2-Wheeler)

ICE 2W Market Insights, by Vehicle Type

Motorcycle

Scooter

Moped

Performance Bike

Other Models

ICE 2W Market Insights, by Vehicle Class

Economy

Executive

Premium

Other Models

Top Company Profiles

Hero MotoCorp

Honda

TVS

Bajaj

Royal Enfield

Yamaha

Suzuki

Piaggio

Mahindra

Kawasaki

Harley Davidson

Triumph

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COVID-19 – Global Market Pipeline Analysis 2020 https://todaynewsspot.com/covid-19-global-market-pipeline-analysis-2020/ Fri, 24 Apr 2020 10:32:21 +0000 https://todaynewsspot.com/?p=11532 COVID-19 (also known as Anderson COVID-19) is a viral disease caused by RNA virus, SARS-CoV-2 or commonly known as corona virus. These viruses can cause respiratory, enteric, hepatic, and neurologic diseases. At the end of 2019, a new coronavirus was identified as the cause of a cluster of pneumonia cases in Wuhan, China. It rapidly spread, […]

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COVID-19 (also known as Anderson COVID-19) is a viral disease caused by RNA virus, SARS-CoV-2 or commonly known as corona virus. These viruses can cause respiratory, enteric, hepatic, and neurologic diseases. At the end of 2019, a new coronavirus was identified as the cause of a cluster of pneumonia cases in Wuhan, China. It rapidly spread, resulting in an epidemic throughout China, followed by an increasing number of cases in other countries throughout the world. On March 11, 2020 World Health Organization (WHO) declared it a pandemic.

COVID-19 is mainly transmitted through contact with respiratory droplets rather than through the air and spreads primarily through contact with an infected person when they cough or sneeze. It also spreads when a person touches a surface or object that has the virus on it, then touches their eyes, nose, or mouth. A patient might take 1 to 14 days before developing symptoms as corona virus has an incubation period of 14 days. The most common symptoms of COVID-19 include dry cough, tiredness, fever and difficulty breathing (severe cases). Some patients may also suffer from aches and pains, runny nose, nasal congestion, sore throat or diarrhoea.

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The diagnosis of the disease can be done by several methods such as nucleic acid test, serologic diagnosis and imaging technology. Chest radiograph or CT is an important tool for COVID-19 diagnosis in clinical practice. The majority of Covide-19 cases have similar features on CT images. Currently no antiviral treatment available for SARS-CoV-2 however, companies and research institutes are working towards it. Therapeutic agents targeting nucleosides, nucleotides, viral nucleic acids and enzymes/proteins involved in the replication and transcription of coronaviruses can be promising strategies to treat coronavirus diseases.

The pipeline of COVID-19 consists of approximately 85+ products in different stages of development. It includes therapeutic drugs and vaccines. Currently, 8+ drugs are in Phase III development and major drugs are in pre-clinical stage. Moreover, 42 vaccines are under development by various companies, and 2+ vaccines are in Phase I trial.

Top Company Analysed

Some of the key players include in the analysis includes Ascletis Pharma Inc., OncoImmune, FUJIFILM Toyama Chemical Co., Ltd.; Sanofi, Gilead Sciences, Incyte Corporation, Hoffmann La Roche, Vanda Pharmaceuticals, Apeiron Biologics and Relief Therapeutics Holdings among others.

Scope of the COVID-19 – Pipeline Analysis 2020:

The report provides an overview of therapeutic pipeline activity for COVID-19 across the complete product development cycle including all clinical and non-clinical stages

The report comprises of detailed profiles of COVID-19 therapeutic products with key coverage of developmental activities including licensing & collaboration deals, patents issued, technologies and chemical information

Therapeutic assessment of the active pipeline products by stage, product type, molecule type, and route of administration

Detailed profiles of the clinical vaccines and listing of the non-clinical vaccines under development by companies

Listing of the vaccines under development by universities

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Reasons to buy:

The COVID-19 pipeline report presents the detailed profile of drugs. The analysis offered in the report is a combination of deep dive secondary research and input from Key Opinion Leader of the industry

The report presents a quick review of the current scenario regarding the drug development of the indication at one glance

The report covers in-depth analysis of prominent industry peers with a primary focus on company consolidation, technology, agreements and patents regarding the therapy

Detailed examination on diagnosis and treatment prevailing in the industry

The study comprehensively covers the market across drugs in different phases of development

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Molecular Diagnostics Market by regional analysis, industry share, demand, insights and global outlook during 2019-2025 https://todaynewsspot.com/molecular-diagnostics-market-by-regional-analysis-industry-share-demand-insights-and-global-outlook-during-2019-2025/ Thu, 19 Mar 2020 13:02:10 +0000 https://todaynewsspot.com/?p=10388 The Molecular Diagnostics Market is anticipated to gain market worth of US$ 9.5 billion by 2025, expanding at a CAGR of 6.3% during the forecast period 2019-2025. The major reasons that will escalate the adoption of molecular diagnostics are high prevalence of infectious diseases and cancers, increasing awareness and acceptance of personalized medicine and companion […]

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The Molecular Diagnostics Market is anticipated to gain market worth of US$ 9.5 billion by 2025, expanding at a CAGR of 6.3% during the forecast period 2019-2025. The major reasons that will escalate the adoption of molecular diagnostics are high prevalence of infectious diseases and cancers, increasing awareness and acceptance of personalized medicine and companion diagnostics, growth in the biomarker identification market, and advancements in molecular techniques. The growing incidence of infectious diseases and cancer awareness programs, progress in biomarker identification, acceptance of personalized medicines would further drive the market growth over the forecast period. Additionally, rise in occurrence rates of cardiovascular disorders, genetic disorders, neurological disorders are also expected to fuel the market growth. Moreover, changing reimbursement models and regulations, investing in unifying technology, consolidation and automation of labs would mark as the major trend in the industry. The high prices of molecular diagnostics tests and unfavourable reimbursement policies will act as the major restraints in the growth of this market.

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Healthcare expenditure as a proportion of gross domestic product (GDP) is on the rise. In the US, healthcare spending is expected to grow 1.3% points faster than GDP annually, rising to comprise 20.1% of GDP by 2025. This will lead to the rise in the entry of players and this domain and will affect the molecular diagnostics market. The concept of clinical validity and utility underpins the use of molecular diagnostic tests in the clinical laboratory, and continuous sharing of expertise between clinical and laboratory partners will enhance the appropriateness of molecular testing and interpretation, thus improving personalized medicine. Thanks to the technological advances made in molecular diagnostics, above all in next-generation sequencing (NGS) and digital polymerase chain reaction (dPCR) platforms, clinical laboratories benefit from rapid translation of established and emerging molecular tests. Advancing molecular diagnostics has been the prime agenda of biomedical scientists around the globe. Molecular diagnostics has made possible the diagnosis of the previously undetected viral nucleic acids and helped provide a deeper understanding of the cause of disease, treatment dose, and success of the treatment depending upon the case. It has provided an immense scope of novel and more sophisticated biotechnology and biomedical tools to be employed in this sector procreating a new interdisciplinary field. Increasing R&D activities focused on developing advanced tools and techniques intended to enable rapid as well as accurate diagnosis of disease will propel molecular diagnostics’ market growth. As the demand for early diagnosis of these diseases is high, various public and private organizations are investing funds to accelerate R&D in the field of molecular diagnostics

Based on product type the global molecular diagnostics market is bifurcated into Instruments, Reagents and services and others. The market of the Reagents segment is expected to grow tremendously and is projected to dominate the market in 2025. Molecular diagnostics market, based on technique is segmented into Polymerase Chain Reaction (PCR), Transcription-Mediated Amplification (TMA), In Situ Hybridization, DNA Sequencing & Next-Generation Sequencing (NGS), Chips and Microarrays and others. The PCR segment occupied the largest share and is expected to maintain its dominance throughout the forecast period 2019-2025 owing to the increased usage and advancements in PCR techniques. In 2018, PCR dominated the global molecular diagnostics technology type market and is anticipated to generate a market size of US$ 3,508.8 million by 2025. In 2018, the Virology application segment dominated the market and is anticipated to dominate this segment in 2025. However, Oncology application segment is expected to witness highest CAGR of 8.27% during the forecast period 2019-2025. Hospitals, clinics & labs and others are the major end-users of the molecular diagnostic technology. The Clinics and Laboratories are expected to be the fastest-growing end-user type during the forecast period.

For Regional/country-wise analysis of the overall adoption of Molecular Diagnostic technique browse through – https://univdatos.com/report/molecular-diagnostics-market-current-scenario-and-forecast-2019-2025

For a deep-dive analysis of the industry, detailed regional/country-level analysis is conducted for markets including North America (US, Canada, Rest of US), Europe (Germany, France, Spain, Italy, UK, Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific) and Rest of World (Brazil and Other Rest of World). In 2018, North America generated revenue of US$ 2,964.9 million, however, Asia-Pacific is expected to witness the highest CAGR of 6.74%b during the forecast period. The dominance of North Americais majorly driven by the presence of a well-established diagnostic infrastructure, technological advancements, patient awareness and presence of advanced products in the field of molecular diagnostics. Some of the major companies profiled in the global Molecular Diagnostics study include Abbott Laboratories, Becton, Dickinson and Company, Biomérieux SA, Danaher Corporation, Hologic, Inc., Qiagen, Roche Diagnostics, Siemens Healthineers, Sysmex Corporation and Thermo Fisher Scientific. These industry players are entering into partnerships and mergers & acquisitions to increase their market share. Some of the key players are also expanding their businesses by increasing their expenditure on R&D. 

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Global Molecular Diagnostics Market Segmentation

Market Insights, by Product

  • Instruments
  • Reagents

Market Insights, by Technology

  • Polymerase Chain Reaction (PCR)
  • Transcription-Mediated Amplification (TMA)
  • In Situ Hybridization & FISH
  • DNA Sequencing & Next-Generation Sequencing (NGS)
  • Chips and Microarrays
  • Others

Market Insights, by Application

  • Microbiology
  • Virology
  • Hospital Acquired Infections (HAI)
  • Genetic Testing
  • Oncology
  • Pharmacogenetics
  • Human Leukocytes Antigen (HLA)
  • Blood Screening
  • Others

Market Insights, by End User

  • Hospitals
  • Clinics & Labs
  • Other Healthcare Facilities

Market Insights, by Region

  • North America Molecular Diagnostics market
  • Europe Molecular Diagnostics market
  • Asia Pacific Molecular Diagnostics market
  • Rest of the World Molecular Diagnostics market

UnivDatos Market Insights (UMI) understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Molecular Diagnostics Market can be customized to the country level or any other market segment.

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Automotive Radar Market – by regional analysis, industry share, demand, insights and global outlook during 2019-2025 https://todaynewsspot.com/automotive-radar-market-by-regional-analysis-industry-share-demand-insights-and-global-outlook-during-2019-2025/ Thu, 19 Mar 2020 11:11:29 +0000 https://todaynewsspot.com/?p=10368 The global Automotive Radar Market is anticipated to gain the market worth of US$ 11,968.53 million by 2025, expanding at a CAGR of 21.8% during the forecast period 2019-2025. Short-range & medium-range radar (S&MRR) and long-range radars (LRR) are the major types of radar-based on their range of clear visibility. In 2018, S&MRR dominated the […]

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The global Automotive Radar Market is anticipated to gain the market worth of US$ 11,968.53 million by 2025, expanding at a CAGR of 21.8% during the forecast period 2019-2025. Short-range & medium-range radar (S&MRR) and long-range radars (LRR) are the major types of radar-based on their range of clear visibility. In 2018, S&MRR dominated the global automotive radar market and is anticipated to generate a market size of US$ 7330.72 million by 2025. On the other hand, the LRR segment is anticipated to expand at the highest CAGR growth of 24.3% during the analyzed period. Changing vehicle safety regulation, increase in adoption of advanced driver assistance system (ADAS) technology and increasing the number of radar sensors used per vehicle is the major growth drivers for the global automotive radar market. Stringent government regulations, mandating rear-view camera system and lane departure warning technologies in vehicles has also stimulated the growth of the technology in several countries. In addition, growing adoption of ADAS technology across mid-priced and premium segment vehicle has further fueled the growth of the market at a global scale.

The growing governmental regulations on vehicle security and mandating of certain ADAS features in vehicles are helping widespread adoption of radar across several application areas in a vehicle. Adaptive cruise control, autonomous emergency braking, intelligent parking systems, blind-spot detection, collision mitigation system and others are the major application area of radar technology analyzed in the study. Adaptive cruise control dominated the market with market size of US$ 1,009.6 million in 2018 and is expected to maintain its dominance during the forecast period 2019-2025. On the other hand, the compulsion of autonomous emergency braking function in the vehicles in North America and Europe is expected to bolster the market for this technology. The AEB application area is predicted to grow at the highest CAGR of 25.6% during the forecast period. 2X and 7X GHz are the two major frequency bands, which are widely used in the vehicles, as they play a crucial role in determining the effectiveness of the radars in advance safety systems. 2X GHz band dominated the market in 2018. However, by 2021 7X GHz frequency band is expected to overtake the 2X GHz band, to become the largest selling frequency band radar system. 7X GHz radar sensor can achieve 20 times better performance in range resolution, thus improving environmental modelling and object classification. Owing to this the overall adoption of 7X GHz in the vehicle is expected to increase rapidly, making them the fastest-growing frequency band during the forecast period.

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Additionally, radar is rapidly capturing every segment of vehicles manufactured, including passenger vehicles, luxury vehicles and commercial vehicles. Luxury brands such as Audi, BMW, Lexus, land Rover and Mercedes-Benz among others are deploying radar in applications such as automated parking, adaptive cruise control system, and adaptive cruise control system. Similarly, the growing interest of customers for advance safety features across the passenger vehicle segment has forced the global car manufacturers to install this technology in their upcoming models, however, the penetration rate is still low. The passenger car segment dominated the global automotive radar market, followed by luxury and commercial vehicle segments. The luxury vehicle segment is expected to register the highest CAGR growth of 24.1% during the forecast period 2019-2025.

For Regional/country-wise analysis of the overall adoption of Radar technology in vehicles browse through – https://univdatos.com/report/global-market-insights-on-automotive-radar-insights-and-forecast-2019-2025

Additionally, for better investigation and penetration of automotive radar market, the report bifurcates the global market into distinct region and countries including North America (the U.S., Canada, Mexico and Rest of North America), Europe (Russia, Germany, France, the U.K., Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) , Middle East and North Africa( the UAE, Saudi Arabia, Kuwait,, Qatar, Algeria, Egypt and rest of Middle East and North Africa) and Latin America (Brazil, Argentina, Chile and Rest of Latin America). In 2018, North America was the largest market in value terms, owing to the stringent safety regulations in the region. Increased awareness of safety features has also fueled the demand for radar technology in the region. The European region is estimated to be the largest market for automotive radar during the forecast period. Substantial building up in this market is mainly due to the adoption of advanced technologies and stringent vehicle safety regulations.

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Some of the major companies profiled in the global Automotive radar study include Robert Bosch GmbH, HELLA KGaA, Continental AG, Denso Corporation, Aptiv PLC, Valeo S.A., Infineon Technologies AG, Texas Instruments Inc., Analog Devices Inc. and NXP Semiconductors N.V. These players consistently aim to focus on product development, new product launch and enhance their existing portfolios to expand their customer base and strengthen their market position through partnerships and collaborations which further offers them growth opportunities for geographic expansion.

Global Automotive Radar Market Segmentation

Market Insights, by Radar Range

  • Long Range RADAR (LRR)
  • Short & Mid-Range RADAR (SRR&MRR)

Market Insights, by Application

  • Adaptive Cruise Control (ACC)
  • Autonomous Emergency Braking (AEB)
  • Blind Spot Detection (BSD)
  • Collision Avoidance System (CAS)
  • Intelligent Parking Assistance (IPA)
  • Other

Market Insights, by Frequency Band

  • 2X-GHz
  • 7X-GHz

Market Insights, by Vehicle type

  • Passenger Vehicles
  • Luxury Vehicles
  • Commercial Vehicle

Market Insights, by Geography

  • North America Automotive Radar Market
  • Europe Automotive Radar Market
  • Asia-Pacific Automotive Radar Market
  • MENA Automotive Radar Market
  • Latin America Automotive Radar Market

Top Companies Profiles

  • Continental AG
  • Robert Bosch GmbH
  • Delphi Automotive PLC
  • Denso Corporation
  • Infineon Technologies AG
  • NXP Semiconductors N.V.
  • Valeo S.A.
  • Hella KGaA Hueck & Co.
  • Analog Devices Inc.
  • Texas Instruments Inc.

The Global Automotive Radar Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

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Patient Self Service Kiosks Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/patient-self-service-kiosks-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 13:21:49 +0000 https://todaynewsspot.com/?p=10290 Technology has revolutionized every stream and healthcare is also one among others. Technology in the healthcare field isn’t purely limited to the research laboratories and operation theaters though. It’s transforming the entire patient experience from the check-in process to the Collection of co-payments. Analogous to any check-in process, most patients regard the healthcare check-in process […]

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Technology has revolutionized every stream and healthcare is also one among others. Technology in the healthcare field isn’t purely limited to the research laboratories and operation theaters though. It’s transforming the entire patient experience from the check-in process to the Collection of co-payments. Analogous to any check-in process, most patients regard the healthcare check-in process with distaste due to long lines and having to recite their information repeatedly. However, it is an unavoidable task of seeing a healthcare provider. Patients are turning to a self-service approach as it requires less time. One of the best examples of self-service includes checking into hospitals without the help of medical administrators. Similar to portal technology, self-service kiosks can help streamline administrative tasks like hospital registration and payment. There are several factors that will continue to drive the adoption of kiosks in healthcare. Some of these include reduced patient time and easier payment mode. It also reduces errors as the information is filled by the patient themselves and thus, reducing the time of reciting the same information again and again. However, some African countries and other eastern countries lack the presence of basic healthcare facilities and this will hamper the market growth. Moreover, a lack of awareness regarding this technology will also hinder the market growth.

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Insights Presented in the Report

Based on the type, the market is fragmented into Touch Screen Kiosks and Internet Kiosks. Touch screen kiosks is a stand-alone device that features a touchscreen interface and uses highly advanced programming software

Based on the market segment by applications, the market is segmented into Self-check-in, Floor Map and Department Navigation, Prescription Order Refilling and Updating, Collection of Co-payments and Others

Based on the market segment by end-users, the market is segmented into Clinics & Hospitals, Laboratories and Pharma Stores

For better understanding on the market dynamics of Patient Self Service Kiosks market, detailed analysis was conducted for different countries in the region including North America (United States, Canada, and Rest of North America), Europe (Germany, UK and Rest of Europe), Asia-Pacific (China, Japan, and Rest of APAC), and Rest of World

Some of the major players operating in the market include International Business Machines Corporation, NCR Corporation, Clearwave Corporation, KIOSK Information Systems Inc., Fabcon, Inc., Olea Kiosks Inc, Phoenix Kiosk Inc., EMBROSS Group Pty Ltd., RedyRef Interactive Kiosks, SlabbKiosks and Meridian Kiosks LLC

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The study includes market sizing and forecasting analysis validated by authenticated key industry experts

The report presents a quick review of overall industry performance at one glance

The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments

Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.

Examination of industry attractiveness with the help of Porter’s Five Forces analysis

The study comprehensively covers the market across different segments

Deep dive regional level analysis of the industry

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Customization Options:

Patient Self Service Kiosks Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Probiotic Ingredients Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/probiotic-ingredients-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 12:58:50 +0000 https://todaynewsspot.com/?p=10286 Probiotics have gained significant importance owing to the numerous health benefits, ranging from treating diarrhea, irritable bowel disease, cardiac diseases, lactose intolerance, asymptomatic bacterial vaginosis, hypercholesterolemia, therosclerosis, to treat arteriosclerosis, etc. The ability of probiotics to prevent diseases and improve health at all ages is increasing the market potential at a high rate. Probiotic market […]

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Probiotics have gained significant importance owing to the numerous health benefits, ranging from treating diarrhea, irritable bowel disease, cardiac diseases, lactose intolerance, asymptomatic bacterial vaginosis, hypercholesterolemia, therosclerosis, to treat arteriosclerosis, etc. The ability of probiotics to prevent diseases and improve health at all ages is increasing the market potential at a high rate. Probiotic market is showing continuous growth globally, which indicates a boom in the economy in coming years. Moreover, amiable investment climate with proactive government support, qualified manpower and constant supply of raw materials are some of the fundamental factors which are paving the way for the probiotic industry to make huge pace at global scale. The market portrays excellent growth opportunities to capitalize the prevailing situation and produce booming results for domestic and foreign companies. Product innovation, extensive research and development and various players emerging into the segment has contributed towards the market growth.

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Insights Presented in the Report

  • Based on ingredients, the market is fragmented into bacteria, yeast and spore formers. Bacteria constitutes to be the largest segment and is expected to continue its dominance over the forecast period.
  • Based on the form, the market is segmented into liquid and powder form. Consumers are quickly adopting probiotics ingredients to maintain their well-being to keep their health care costs down thereby impacting the demand positively.
  • Based on the end use, human probiotics segment occupies the market, with animal probiotics segment capturing the second lead. It has been observed that advancement in oral probiotic market has catalyzed the growth of the human probiotics segment.
  • Based on application, probiotic dietary supplements segment is anticipated to register the fastest CAGR over the forecast period, attributed to the surging demand for these supplements from various industries including pharmaceutical, nutraceutical, and functional supplements.
  • For better understanding on the market dynamics of Probiotic Ingredients market, detailed analysis was conducted for different regions including North America (United States, Canada and Rest of North America), Europe (United Kingdom, Germany,  France, Russia and Rest of Europe), Asia Pacific (India, China, Japan, Australia, and Rest of Asia Pacific) and Rest of World.
  • Some of the major players operating in the market include, Biocodex Inc, Danone Inc, Lallemand Inc,Danisco A/S, Bifodan A/S, E. I. Dupont De Nemours and Company, Probiotics International Ltd., Probi AB, Nestle, and Morinaga Milk Industry Co. Ltd and Lifeway Foods

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  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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Single Serve Coffee Brewer Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/single-serve-coffee-brewer-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 12:10:01 +0000 https://todaynewsspot.com/?p=10275 The concept of single-serve coffee is quite simple. The premanufactured cup is simply inserted into a specialized machine, button is pushed and within few perfectly brewed cups of coffee is ready to serve. Despite there are many concerns regarding the quality and efficiency of coffee brewing machines, they have become one of the most prominent […]

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The concept of single-serve coffee is quite simple. The premanufactured cup is simply inserted into a specialized machine, button is pushed and within few perfectly brewed cups of coffee is ready to serve. Despite there are many concerns regarding the quality and efficiency of coffee brewing machines, they have become one of the most prominent ways to consume cup of coffee. With more than 5 billion single serve coffee pods sold each year, the coffee industry has reached phenomenal heights. Convenience, ease of clean up, preparation time have remarkably contributed towards the growth of single-serve coffee brewer market. However, quality, huge investment involved and no large quantities to be served hamper the growth of the market. As per the Dietary Guidelines for Americans 2015–2020, more than 95% of adults in the United States consume foods and drinks containing caffeine. On average, U.S. adults consume between 110 and 260 milligrams (mg) of caffeine per day. The Food and Drug Administration (FDA) estimates that a typical 8-ounce (oz) cup of coffee contains around 80–100 mg of caffeine. Moreover, different types of coffee contain varying amounts of caffeine. For instance, brewing is the most common way to make coffee in the United States and Europe and one cup of brewed coffee (8 oz) contains about 70–140 mg of caffeine, or about 95 mg on average. To add on, in 2012, Starbucks introduced Single Serve Coffee Maker that mainly allows consumers to make their own coffee at home with real milk.

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Insights Presented in the Report

  • Based on type, the market is fragmented into 8 Oz, 10 Oz, 12 Oz and More than 12 Oz. Around 12 Oz coffee occupied the prime share in a single-serve coffee brewer market across the world. Coffee is the most popular drink and probably the most common source of caffeine. The caffeine content of coffee can vary considerably depending on several factors, including the type, the brewing method, and the brand. It has been surveyed by German researchers that four cups of strong coffee a day might be the recipe for a healthy heart, specifically for older adults.
  • Based on the market segment by sales channel, the market is segmented into online and offline channels. The online sales channel captured the maximum share in 2018. Owing to growing smartphone penetration, as well as technological advancements have influenced market growth. Moreover, various discounts offered by various online shopping portals on electronic products while ordering from mobile applications have further contributed to the growth.
  • Based on the market segment by application, the market is segmented into corporate offices, airports, hotels and restaurants and homes. Corporate houses and offices occupied the maximum share in the respective market. Accredited to, the growing working population, convenience offered and being time efficient the market has grown considerably.
  • For better understanding on the market dynamics of Single Serve Coffee Brewer market, detailed analysis was conducted for different regions including North America (United States, Canada and Rest of North America), Europe ( France, Germany, United Kingdom and Rest of Europe), Asia Pacific (India, Japan, China, Australia and Rest of Asia Pacific) and Rest of World
  • Some of the major players operating in the market include Keurig Green Mountain Inc, Nestle Nespresso SA, Hamilton Beach Brands Inc, Bunn – O- Matic Corporation, Sunbeam Products Inc, Luigi Lavazzza SPA, De Longhi Appliances SRL, JURA Elektroapparate AG, Spectrum Brand Holdings Inc and Krup GmBh

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  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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Smart Packaging Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/smart-packaging-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 11:26:18 +0000 https://todaynewsspot.com/?p=10257 Smart Packaging aims to link the physical world with the digital world.  Until now, the adoption of conventional packaging was limited to protecting products from various microbes and keeping content private. With the arrival of digitalization and other technologies Packaging 4.0, the trend of smart packaging has offered various companies promising business models and other […]

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Smart Packaging aims to link the physical world with the digital world.  Until now, the adoption of conventional packaging was limited to protecting products from various microbes and keeping content private. With the arrival of digitalization and other technologies Packaging 4.0, the trend of smart packaging has offered various companies promising business models and other expansion strategies. Nowadays, people not only care about how the packaging enclosing the products they purchase contain and protect what is inside but they also care that it be easy to use, convenient and that it harmonizes well with how they plan to store and use the product. For instance, some packaging design advances are functional rather than technical, such as re-closable packages. While other new smart packaging designs have the potential for astonishing progress as technology develops. Smart packaging refers to packaging systems with embedded sensor technology used with foods, pharmaceuticals, and many other types of products.   It is used to extend shelf life, monitor freshness, display information on quality, and improve product and customer safety. Changing lifestyles and growing awareness about health and rapid industrialization has bolstered the demand for smart packaging market. Moreover, rising need for environment-friendly sustainable products and growing demand for ready to eat food has positively impacted the smart packaging market. However, high costs involved in business model tend to hamper the market growth.    

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Insights Presented in the Report

  • Based on the type of smart packaging, the market is fragmented into active and intelligent smart packaging. Active packaging occupies the lead share in smart packaging market wherein it interacts with the content of the product and helps in improving the shelf life or quality of the product during the storage. Considering the intelligent packaging, it is the newest technology within the packaging sector which is growing at a faster pace. It aims to provide enormous convenience to the consumers by offering additional benefits of communication with the outside world. The additional benefit can include diagnostic and indicator functions that use indicators or sensors to monitor the condition of the product and provide information on tightness, storage time, temperature or freshness.
  • Based on the market segment by application, the market is segmented into food and beverage, healthcare, automotive, personal care and electronics. It has been observed that the food and beverage industry has extensively adopted smart packaging mainly accredited to prevention of food spoilage, enhancing attributes such as taste and aroma of fruits and vegetables and increasing the shelf life of the product.  
  • For better understanding on the market dynamics of smart packaging market, detailed analysis was conducted for different countries in the region including North America (United States, Canada, and Rest of North America), Europe ( Germany, UK, France, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), Latin America (Brazil, Argentina and Rest of Latin America) and MENA (UAE, Saudi Arabia and rest of MENA).
  • Some of the major players operating in the market include 3M, TempTime Corporation, PakSense, American Thermal Instruments, Avery Dennison Corp., Amcor Ltd, BASF, International Paper, Stora Enso, Thin Film Electronics ASA

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  • The report presents a quick review of overall industry performance at one glance
  • The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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Surgical Robotics Devices Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/surgical-robotics-devices-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 11:04:33 +0000 https://todaynewsspot.com/?p=10246 Robotic surgery is a modern technology, which helps surgeons to perform complex surgical procedures. The robotic system enhances accuracy and precision that directly helps in reducing post-surgical complexities. Surgical robots are a mix of several software, equipment and devices. Further, three-dimensional imagining provided by camera fitted in the robotic system helps the surgeons to view […]

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Robotic surgery is a modern technology, which helps surgeons to perform complex surgical procedures. The robotic system enhances accuracy and precision that directly helps in reducing post-surgical complexities. Surgical robots are a mix of several software, equipment and devices. Further, three-dimensional imagining provided by camera fitted in the robotic system helps the surgeons to view and manage surgeries when needed. In addition, surgeons can pre-program the robotic systems according to the surgery requirements. Robotics assisted technology successfully helps in operating multiple surgical procedures such as cardiac surgery, gynecologic surgery, laparoscopy, colorectal surgery, pediatric surgery, urologic surgery and neurosurgery, among several others. Remote control and voice activation are the methods with which robots are controlled and navigated in the entire surgical procedure. There are three types of robotic surgery systems developed so far: supervisory-controlled systems, tele surgical systems and shared-control systems. In the medical industry, surgical robots are enhancing the surgeon’s capabilities of dealing critical surgeries instead of replacing surgeons. These computer-controlled devices are providing favorable outcomes in the market with no harm. Moreover, robotic surgeries limit the risk of blood loss and infections and offer faster recovery without leaving little or no scars in comparison to traditional surgery procedures. Owing to the above parameters, the market size of the surgical robots is expected to grow in the forthcoming years. However, the high cost of the robotic system hinders the adoption of the technique in developing countries. Although, with the high demand and technological advancement of the robotic system in the market, the prices are likely to drop down in near future. Constituting just under 900,000 robotic-assisted surgical procedures performed in the United States last year, the robotic surgery market is expected to grow impressively to approach 3 million procedures by 2025. In addition, global medical robotic systems market was worth US$5.48 billion in 2011 and is expected to reach $13.6 billion in 2018, growing at a compounded annual growth rate of 12.6% from 2012. Surgical robots are expected to enjoy the largest revenue share. By 2020, surgical robotics sales are expected to almost double to US$6.4 billion.

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Insights Presented in the Report

  • Based on component type, global surgical robotics is classified into systems, accessories and services. Accessories hold the dominant position in terms of revenue as accessories are replaced after every surgical procedure.
  • Based on surgery type, the market is classified into gynecology surgery, urology surgery, neurosurgery, orthopedic surgery, general surgery and other surgeries. Orthopedic surgery holds a dominant position in the market owing to the rise in orthopedic injuries globally.
  • For better understanding of the market penetration of the global surgical device market, the industry is analyzed based on geographies and countries including North America (the U.S., Canada, and Rest of North America), Europe (Germany, France, the U.K., and Rest of Europe), Asia-Pacific (China, Japan, India and Rest of Asia-Pacific), Latin America (Brazil, Chile and Rest of Latin America) and Middle East and Africa (GCC, South Africa, and Rest of MEA). North America is expected to dominate the market due to the adoption of these robots by patients. The Asia Pacific is expected to be the next biggest market after North America due to rapid development of robotic surgical systems.
  • Some of the major players operating in the market include Intuitive Surgical Inc., Medtronic plc, Johnson & Johnson, Google Life Sciences, Stryker Corporation, TransEnterix, Mazor Robotics, and Hansen Medical, Renishaw plc, Medtronic plc. , Stryker Corp., Think Surgical, Inc. and Titan Medical, Intuitive Surgical, and MAKO

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  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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UHT Milk Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/uht-milk-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 10:43:40 +0000 https://todaynewsspot.com/?p=10238 Ultra-High Temperature (UHT) milk is the ultra-pasteurized milk that is heated above 135 degrees Celsius for 1- 2 seconds to sterilize it from harmful microorganisms. Sterilizing the milk at such high temperature elongates the shelf life of the milk, thereby eliminating the need for refrigeration. UHT Milk can be stored for approximately six to nine […]

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Ultra-High Temperature (UHT) milk is the ultra-pasteurized milk that is heated above 135 degrees Celsius for 1- 2 seconds to sterilize it from harmful microorganisms. Sterilizing the milk at such high temperature elongates the shelf life of the milk, thereby eliminating the need for refrigeration. UHT Milk can be stored for approximately six to nine months at room temperature without any refrigeration. The longer shelf life of the UHT milk is attracting a great pool of consumers today, especially the working generations further, the increase in urbanization, busy lifestyles and growing birth rates are also among the primary reasons behind the growing adoption of the UHT milk across the globe. However, the presence of local milk distributors in countries such as India, and other developing countries, and lack of awareness among the consumers regarding the UHT milk are among some of the factors hampering the growth of this market. Additionally, there have also been controversies over the nutritional content of UHT milk are also a major concern. The above challenges are expected to have a moderately high impact on the UHT milk market in the coming years. On the upside, there is an increase in the number of people consuming the milk in places such as in gyms, sports stadiums, offices and schools among others; these places are mostly devoid of any cold storage unit. This has increased the need for UHT milk which can be stored at room temperature for a long time. Hence this new dietary trend is clearly an opportunity for the global UHT milk market and is expected to propel it in the coming years.

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Insights Presented in the Report

  • Based on product types, the UHT milk market is classified into full cream UHT Milk, skimmed UHT milk and semi-skimmed UHT milk. Among the different product types, semi-skimmed UHT milk type holds the maximum share. The new dietary trend in which people prefer low-calorie food and drinks is the primary reason for the growing sales of the semi-skimmed UHT milk among adults. Full cream UHT or whole UHT milk has high nutritional benefits, with high content of milk fat, protein and calcium, among others, making it suitable for the toddlers.
  • Based on distribution channels, the market is segmented into Specialty Stores, Modern Trade, Convenience Stores, Traditional Grocery Stores, Online Stores and Other Distribution Channels. The modern trade channel that comprises of supermarkets and hypermarkets holds the maximum share of the market. The ease of availability and high storage capacity are some of the factors propelling the growth of this segment.
  • For better understanding of the market penetration of global UHT milk market, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Mexico and the rest of North America), Europe (Germany, France, U.K., Russia, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Australia and the Rest of Asia-Pacific) and Rest of world. Europe is the pioneer in the UHT milk industry, however, the growing birth rate in Asia Pacific region, especially in China is expected to bolster the penetration rate of UHT milk. In China, UHT milk occupies 60% share of the total milk consumed in the country. The adoption of UHT milk in China is expected to increase further with the growing economy and vast consumer pool for the same.
  • Some of the major players operating in the market include, Bongrain SA, Arla Foods, Inner Mongolia Yili Group Company Limited, Fonterra Co-operative Group Limited, Nestle SA, Sodiaal Group, Murray Goulburn Co-operative Co. Limited, Danone Group, Lactalis Group, Groupe Lactalis S.A, Danone Limited, China Mengniu Dairy Company Limited, Grupo Lala, S.A.B. de CV, Candia SA and Parmalat.

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  • The report presents a quick review of overall industry performance at one glance
  • The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry.
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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Vitreoretinal Surgery Devices Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/vitreoretinal-surgery-devices-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 10:21:55 +0000 https://todaynewsspot.com/?p=10233 Vitreoretinal eye surgery refers to a group of procedures performed deep inside the eye’s interior with lasers or conventional surgical instruments. Patients undergo this surgery in order to restore, preserve and enhance vision for several eye conditions such as certain types of Age-Related Macular Degeneration (AMD), diabetic vitreous hemorrhage, diabetic retinopathy, macular hole, a detached […]

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Vitreoretinal eye surgery refers to a group of procedures performed deep inside the eye’s interior with lasers or conventional surgical instruments. Patients undergo this surgery in order to restore, preserve and enhance vision for several eye conditions such as certain types of Age-Related Macular Degeneration (AMD), diabetic vitreous hemorrhage, diabetic retinopathy, macular hole, a detached retina, epiretinal membrane and CMV retinitis.  A vitrectomy procedure removes the vitreous humor or gel-like substance in the eye. This approach can address vision problems caused when foreign matter invades the interior of eye. According to a recent study at the University of Wisconsin School of Medicine and Public Health and the U.S. Centers for Disease Control and Prevention (CDC), approximately 6.5% of Americans age 40 and older have some degree of macular degeneration. Other research suggests there were 9.1 million cases of early AMD in the U.S. in 2010 and this number is expected to increase to 17.8 million by the year 2050. Global Vitreoretinal Surgery Devices market is influenced by some of the major factors such as Increase in prevalence of eye related disorders, accelerating geriatric population, and rising awareness regarding eye health. Moreover, increasing medical tourism and developing economies will act as a great opportunity for Global Vitreoretinal Surgery Devices manufacturers. However, complex & expensive surgeries and lack of supporting infrastructure to counter post-operative complexities will limit the market growth.

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Insights Presented in the Report

  • Based on the product, the market is segmented into illumination surgery devices, photocoagulation surgery devices, vitrectomy surgery devices, others. Vitrectomy is a surgical procedure undertaken by a specialist where the vitreous humor gel that fills the eye cavity is removed to provide better access to the retina
  • Based on the application, the market is bifurcated into macular degeneration, diabetic retinopathy, diabetic vitreous hemorrhage and others. Macular degeneration is the leading cause of vision loss among geriatrics
  • Based on the end-user, the market is bifurcated into hospitals, ophthalmology clinics and ambulatory surgery centers. Ophthalmology clinics focuses on the different aspects of the eye surgery including vitreoretinal surgery
  • For better understanding on the market dynamics of global vitreoretinal surgery devices, detailed analysis was conducted for different countries in the region including North America (United States, Canada and Rest of North America), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of the World
  • Some of the major players operating in the market include OCULUS Optikgeräte GmbH, Topcon Corporation, Carl Zeiss Meditec Ag, Alcon, Inc., MedOne Surgical, Inc., Bausch Health, and Haag-Streit Holding AG, D.O.R.C. Dutch Ophthalmic Research Center, Designs for Vision Pty Ltd and NIDEK CO., LTD. among others

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  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends and opportunities prevailing in the industry
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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Wireless Brain Sensors Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/wireless-brain-sensors-market-industry-analysis-size-share-growth-trends-and-forecast-2020-2026/ Tue, 17 Mar 2020 09:58:02 +0000 https://todaynewsspot.com/?p=10226 The wireless brain sensors market is projected to gain market revenue of US$ 2,903.8 million by 2026, growing at a CAGR of 9.3% during the forecast period 2020-2026. The advances in science and technology have led to a great advancement in healthcare. This has resulted in the growth of the life span of humans as […]

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The wireless brain sensors market is projected to gain market revenue of US$ 2,903.8 million by 2026, growing at a CAGR of 9.3% during the forecast period 2020-2026. The advances in science and technology have led to a great advancement in healthcare. This has resulted in the growth of the life span of humans as several medicines and procedures are available to overcome these diseases. The years of living have increased however, the years of healthy living are greatly impacted. The rising geriatric population has resulted in the growing prevalence of neurological disorders. Moreover, rising stress levels are also affecting mental health. These factors will act as drivers for the growth of the wireless brain sensors market. However, privacy issues and government regulations on these devices will hamper market growth.  Globally, the burden of neurological disorders, as measured by the absolute number of DALYs, continues to increase. As populations are growing and aging, and the prevalence of major disabling neurological disorders steeply increases with age, governments will face increasing demand for treatment, rehabilitation, and support services for neurological disorders. The scarcity of established modifiable risks for most of the neurological burden demonstrates that new knowledge is required to develop effective prevention and treatment strategies. This will raise the adoption of Wireless Brain Sensors services and will result in the rising entry of players in this domain and will change the market scenario.

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The portability or handiness of a device is the major factor that is affecting the market. Wireless brain sensors are used in neuromonitoring devices in order to make them portable. Based on product type the global wireless brain sensors market is bifurcated into Electroencephalography, sleep monitoring devices, magnetoencephalography (MEG), Transcranial Doppler (TCD) Devices, Intracranial Pressure (ICP) Monitors, Other (Accessories). These devices measure the brain waves that are transmitted in the form of electric impulses. Moreover, the movement of a person that is made during sleep is recorded and this data is then used in an ‘algorithm’ to estimate sleep time and quality. Electroencephalography (EEG) dominated the Wireless brain sensors market in 2019, generating revenue of US$ 525.07 million. However, Sleep Monitoring Devices are expected to witness a CAGR growth of 9.8% during the forecast period 2020-2026. Based on medical conditions, the global Wireless Brain Sensors market is segmented into Parkinson’s disease, Alzheimer’s disease, sleep disorders, traumatic brain injuries, epilepsy, migraine, Stroke and others. Application of wireless brain sensors for Traumatic Brain Injuries occupied the largest share of 24.6% in 2019. Hospitals, Diagnostic Centers, Research Institutes among others were the major end-user segments of the wireless brain sensors technology. The hospital segment dominated the market in 2019 and is expected to generate revenue of US$ 1,460.18 million by 2023.

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For in-depth understanding of the market and to analyze the overall adoption of Wireless Brain Sensors, the industry is analyzed based on geographies and countries comprising of North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific) and Rest of the world. Due to the rising awareness towards Wireless Brain Sensors services and rising disposable income North America dominated the market and is expected to generate revenue of US$ 860.28 million in 2020. Further, the rise in the geriatric population in Europe and APAC is estimated to fuel the Wireless Brain Sensors market in both the regions in the upcoming years. Europe and Asia-Pacific regions are expected to witness the highest CAGR of 10.0% and 9.9% respectively during the analyzed period.

For Regional/country-level analysis of the overall development in the wireless brain sensors technology browse through – https://univdatos.com/report/wireless-brain-sensors-market-current-analysis-and-forecast-2020-2026

Some of the major players profiled in the global Wireless Brain Sensors study include EMOTIV Inc, Advanced Brain Monitoring, Inc., Muse, Neurosky, Neuroelectrics, Cognionics, Inc., Wearable Sensing, Bitbrain Technologies, Compumedics Neuroscan, Brain Products Gmbh. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products. Recently, the industry has witnessed the emergence of numerous start-ups majorly in developed and developing countries.

Global Wireless Brain Sensorss Market Segmentation

Market Insights, by Product

Electroencephalography (EEG) Devices

Sleep Monitoring Devices

Magnetoencephalography (MEG) Devices

Transcranial Doppler (TCD) Devices

Intracranial pressure (ICP) Monitors

Other (Accessories)

Market Insights, by Medical Condition

Parkinson’s Disease

Alzheimer’s Disease

Sleep Disorders

Traumatic Brain Injuries

Epilepsy

Migraine

Stroke

Other Medical Condition

Market Insights, by End-Users

Hospitals

Diagnostic Centres

Research Institutes

Others

Market Insights, by Region

North America Wireless Brain Sensors market

United States

Canada

Rest of North America

Europe Wireless Brain Sensors market

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific Wireless Brain Sensors market

China

Japan

India

Australia

South Korea

Rest of Asia-Pacific

Rest of the World Wireless Brain Sensors market

Top Company Profiles

EMOTIV Inc

Advanced Brain Monitoring, Inc.

Muse

Neurosky

Neuroelectrics

Cognionics, Inc.

Wearable Sensing

Bitbrain Technologies

Compumedics Neuroscan

Brain Products Gmbh

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Self Service Technology Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/self-service-technology-market/ Mon, 09 Mar 2020 12:56:26 +0000 https://todaynewsspot.com/?p=9738 Global Self Service Technology Market is anticipated to reach the market valuation of US$ 56.8 billion by 2026 expanding at a reasonable CAGR of 10.7% in the course of the forecasted period (2020-2026) from US$ 26.6 billion in 2019. The advancement in Information and Communication Technology (ICT) has remarkably transformed the facets of interaction that takes […]

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Global Self Service Technology Market is anticipated to reach the market valuation of US$ 56.8 billion by 2026 expanding at a reasonable CAGR of 10.7% in the course of the forecasted period (2020-2026) from US$ 26.6 billion in 2019. The advancement in Information and Communication Technology (ICT) has remarkably transformed the facets of interaction that takes place between the service providers and customers, resulting in improved service standards. Service providers have successfully introduced a technology-enabled mechanism in the form of Self-Service Technologies (SSTs) to provide convenient services to their customers in attaining better productivity and satisfaction. Moreover, the purpose aims to put forward the customer to access services by means of modern and convenient channels. ATM, online banking, mobile banking, and self-check-in machines at airports, online shopping, online bill payment etc. are some of the Self-Service technologies that have become popular amongst the customers. With the growth of multi-channel marketing, combinations of Self-Service Technologies are being used by the companies to deliver flawless customer services in major sectors including Hospitality, healthcare, Consumer goods, banking and financials and retail among others. 77% of US consumers consider “valuing my time” as the most critical part of good customer service.

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Further, about 73% out of 526 shoppers surveyed said they prefer retail self-service technologies, such as self-checkout, over-engaging with store associates, etc. As per Oracle, on an average, guests using digital key rates a hotel 7 points higher than key card guests. Also, 84% of guests are likely to use digital keys again. Furthermore, 94% of business travelers and 80% of leisure travelers have expressed their interest in using mobile guest apps or smartphones to request service. With the adoption of self-service technology, the hotels’ industry can empower their digital-savvy guests with a more convenient and personalized experience, it may further help the company to reduce human error and operational load. The food Chain sector is also experimenting with kiosks during the past few years. McDonald’s reported a 30% increase in the average check-in size when customers ordered from a kiosk. It is also said that a seven-second reduction in service times in fast-food restaurants could increase the company’s market share by 1-3%.

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Based on the product category, the global self-service technology market is segmented into vending machines, ATM and kiosks. In 2019, the ATM segment dominated the market, however, the Kiosks segment is expected to witness the highest CAGR growth of 14.1% during the analyzed period. Vending machine product category is further bifurcated into the beverage, candy, snacks, gumball, cigarette, and specialized product vending machines. Candy vending machine-generated revenue of US$ 991.59 million by 2026. Global Self-service ATM segment is further bifurcated into the conventional, brown label, white-label, smart ATM and cash dispenser. In 2019, Brown Label ATM generated revenue of US$ 6,447.24 million. Smart ATM segment is expected to witness the highest CAGR growth of 14.8%. Based on the kiosk product category, the market is bifurcated into the photo, DVD, ticketing, HR& Employment, patient self-service, information providing and banking and financial kiosks. The banking & Financial kiosks segment is expected to witness the highest CAGR of 16.5% during the forecast period.

For Regional/country-level analysis of the overall development in the Self-Service technology browse through – https://univdatos.com/report/self-service-technology-market-current-scenario-and-forecast-2020-2026

Additionally, for better investigation and penetration of self-service technology, the report gives an in-detailed analysis of self-service technologies adoption across the world. The market is classified into distinct regions and countries including North America, Europe, Asia-Pacific and Rest of the World. In 2019, Asia Pacific dominated the self-service technology market with a market share of 34.5%. Being one of the matured markets, increasing disposable income, surging demand for urbanization and economic development along with changing lifestyles has driven the adoption of self-service technology in Europe. Some of the major companies profiled in the global self-service technology market are Azkoyen Group, Kiosk Information System, Crane Corp, Fujitsu, IBM, Glory Ltd, Vendrite, Embross, NCR Corporation, Beta Automations. These players consistently aim to focus on product launches, innovations, M&A among others to strengthen their presence in the market. 

Global Self Service Technology Market Segmentation

Market Insight, by Product Type

Vending Machine

Automated Teller Machine

Kiosks

Market Insights, by Vending Machine Product Category

Beverage

Candy

Snacks

Gumball

Cigarette

Specialized

Market Insights, by ATM Product Category

Conventional

Brown Label

White Label

Smart ATM

Cash Dispenser

Market Insights, by Kiosks Product Category

Photo

DVD

Ticketing

HR& Employment

Patient Self Service

Information Providing

Banking & Financial

Market Insight, by Solution Type

Deployment

Managed Services

Market Insight, by Region

North America Self Service Technology Market

United States

Canada

Rest of North America

Europe Self Service Technology Market

Russia

Germany

UK

France

Spain

Italy

Rest of Europe

Asia Pacific Self Service Technology Market

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia-Pacific

Rest of World Self Service Technology Market

Top Company Profiles

Azkoyen Group

Kiosk Information System

Crane Corp

Fujitsu

IBM

Glory Ltd.

Vendrite

Embross

NCR Corporation

Beta Automations

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UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Self Service Technology market can be customized to the country level or any other market segment.

Wearable Medical Devices Market Worth US$ 25,101.5 Million with Huge CAGR of 18.29% During 2019-2025

Electric Vehicle Charging Outlets Market — Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2025

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Frozen Food Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/frozen-food-market/ Mon, 09 Mar 2020 12:09:20 +0000 https://todaynewsspot.com/?p=9728 Global Frozen Food Market is anticipated to reach the market valuation of US$ 320.06 billion by 2026 expanding at  a reasonable CAGR of 4.6% in the course of forecasted period (2020-2026) from US$ 232.42 billion in 2019. Consumers globally have recognized frozen food as one of the healthier options in the ambit packaged products available. […]

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Global Frozen Food Market is anticipated to reach the market valuation of US$ 320.06 billion by 2026 expanding at  a reasonable CAGR of 4.6% in the course of forecasted period (2020-2026) from US$ 232.42 billion in 2019. Consumers globally have recognized frozen food as one of the healthier options in the ambit packaged products available. Today frozen foods have become more accessible owing to the increase in number of large format retail stores. Major factors driving the industry constitute to be the customer craving, rising awareness and acceptance, increase in selling points, deeper penetration by organized players and surging availability of freezer space at the retail domain. Advances in freezing technologies, innovative refrigerator displays in supermarkets, better and faster supply chain solutions have been owing to the increasing consumption and therefore growing demand of frozen foods. Increase of the global population, scarcity of food in some regions, strong demand from emerging economies and specific demographic changes in the modern world have been the prime reasons for the growth of frozen foods market. The increasing number of women at workplace together with growing number of one-person households has also determined the upward trend of the demand for frozen foods. Frozen foods have become a regular part of daily diet worldwide accredited to changing lifestyles and increasing lifestyles.

For Regional/country-level analysis of the overall sales of frozen food products browse through – https://univdatos.com/report/frozen-food-market-current-scenario-and-forecast-2020-2026

Online grocery shopping trend and new applications in the retail sector have also created several opportunities for overall processed food market thereby accelerating the frozen foods market. Globalization and increasing international trade have been the major factors responsible for the development of the frozen food industry. With economic development and increasing purchasing power parity (PPP), consumers now can afford premium products with improved nutritional value and shelf life. International trade of  frozen foods products has gained prominence, complemented by improved transportation facilities. Increased consumption of frozen food products in the emerging markets of Asia Pacific and South America has also contributed to an increase in the sale of frozen bakery products while the demand in developing regions is driven by an increase in disposable income. Cold chain infrastructure has played an important role in driving the frozen food market, as it helps to transport products at both the domestic and international level. The rise in the export and import of frozen food is possible due to the strong global cold chain services available in developed economies.

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Based on the product category, the global frozen food market is fragmented into ready to eat, ready to cook and ready to drink frozen foods. The popularity of ready to eat meals has witnessed a rapid rise accredited to immense convenience and ease offered coupled with increasing working women population, increasing disposable income and changing lifestyles. The segment is anticipated to generate revenue of US$ 138.52 billion by 2026. Based on product type, the global frozen food market is bifurcated into Frozen Meat, Frozen Fish/Seafood, Frozen Ready Meals, Frozen Bakery, Frozen Pizza, Frozen Potato and others. Frozen Ready Meals segment generated revenue of US$ 54.05 billion in 2019. The Frozen Bakery Products segment is anticipated to register the highest CAGR growth of 5.1% during the forecast period 2020-2026. Based on distribution channel, the market is bifurcated into supermarket/hypermarkets, Independent Retailers, Convenience Store and other channels such as specialist retailers and online modes. The supermarket/hypermarkets segment is expected to generate revenue of US$ 226.26 billion by 2026 through the sales of frozen food products.

For Regional/country-level analysis of the overall developments in the frozen food, sector browse through – https://univdatos.com/report/frozen-food-market-current-scenario-and-forecast-2020-2026

Additionally, for better investigation and penetration of frozen foods the report provides, detailed country-level analysis was conducted for major region/country including Americas (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea) and Rest of the world. Europe was the largest market for the frozen food industry in 2019, accounting for 38.5% share. Asia-Pacific is expected to generate revenue of US$ 81.74 billion by 2026. Some of the major companies profiled in Global Frozen Foods market are Nestle SA, Ajinomoto, Goya Foods, ConAgra Foods, General Mills, Heinz Company, Tyson Foods, Unilever PLC, Maple Leaf Foods, Nomad Foods, Mc Can Foods Ltd, Dr. Oetker. The players consistently aim to focus on various product launches, innovations, energy efficient products as well as mergers and acquisitions  to enhance the consumption of frozen foods globally thereby strengthening their market position which further offers them growth opportunities as well as expansion of product innovation and expansion around the world. 

Global Frozen Foods Market Segmentation

Market Insight, by Product Category

Ready to Eat

Ready to Drink

Ready to Cook

Market Insights, by Product Type

Frozen Meat Products

Frozen Fish/Seafood

Frozen Ready Meals

Frozen Bakery Products

Frozen Pizza

Frozen Potato Products

Others

Market Insight, by Distribution Channel

Hypermarkets/Supermarkets

Independent Retailers

Convenience Store

Others (Specialist Retailers, Online)

Market Insight, by Region

Americas Foods Market

United States

Canada

Rest of America

Europe Frozen Foods Market

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific Frozen Foods Market

China

Japan

India

South Korea

Rest of Asia-Pacific

Rest of World Frozen Foods Market

Top Company Profiles

Nestle

Ajinomoto Inc

Goya Foods

ConAgra Foods

General Mills

Heinz Company

Tyson Foods

Unilever PLC

Maple Leaf Foods

Nomad Foods

McCain Foods Limited

Dr. Oetker  

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Beauty and Personal Care Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026

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Solar Microinverter Market – Current Scenario and Forecast (2019-2025) https://todaynewsspot.com/solar-microinverter-market-current-scenario-and-forecast-2019-2025/ Mon, 09 Mar 2020 11:58:57 +0000 https://todaynewsspot.com/?p=9725 Global solar micro inverter market was valued at US$ 977.5 Million in 2018 and is anticipated to reach US$ 5,604.6 Million by 2025 displaying explosive CAGR of 28.4% over the forecast period 2019-2025. Energy supply from renewable sources forms an essential part of energy distribution, particularly when there are issues pertaining to sustainable environment. In this […]

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Global solar micro inverter market was valued at US$ 977.5 Million in 2018 and is anticipated to reach US$ 5,604.6 Million by 2025 displaying explosive CAGR of 28.4% over the forecast period 2019-2025. Energy supply from renewable sources forms an essential part of energy distribution, particularly when there are issues pertaining to sustainable environment. In this regard, microinverters are of great help. Traditional solar systems comprise a single inverter and in case of any failure of inverter, there remains no backup of energy transfer. Therefore, microinverters are an alternative energy source. A solar micro-inverter, or simply microinverter, is a plug-and-play device used in photovoltaics, that converts direct current generated by a single solar module to alternating current. Unlike conventional string/central inverters, a microinverter works on Module Level Power Electronics i.e. power conversion takes place at individual module level. This mitigates the negative effect of module mismatch and improves the overall efficiency of the system. Microinverters also enable module-level monitoring, easier installation, enhanced design flexibility and better safety than conventional inverters. The solar microinverter market is driven by constant R&D activities and significant reduction in the costs of microinverters. The solar micro inverter market also receives a great boost due to its compact size and versatility. Further, increasing requirement of consumers, based on modularity, safety, and maximum energy harvest will continue to drive the market at a considerable pace in coming years.

Owing to increasing demand, a lot of innovation is taking place in the solar micro-inverter industry. For example, Tesla has launched a solar roof. This solar roof consists of the power wall battery, turning sunlight into electricity. The solar roof is made of tempered glass tiles and these tiles are stronger than non-solar tiles and regular plate glass. The micro inverter addresses many of the shortcomings of central inverters. Microinverters minimize the issue of one module in shade affecting the entire array.  A homeowner whose roof may get some shade throughout the day has a good reason to consider micro inverters. Due to the varying use of micro inverters across the world, global players are concentrating on regions where awareness about using renewable energy resources is higher. Robust adoption of PV storage systems in the U.S. will continue to fuel demand for solar micro inverters in North America.

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“Single Phase solar micro inverter is expected to dominate the market during the forecast period.”

Based on the inverter type, the solar microinverter market is segmented into single-phase and three-phase micro inverters. Single-phase micro inverters have showcased surging demand among residential households as they require single-phase power supply to run household appliances such as lighting & heating devices and few electric motors. The segment accounted for 68.1% share in 2018.

“Integrated solar microinverter would be the most preferred microinverter in major markets”

Based on connectivity, the solar microinverter market is divided into standalone and integrated. Integrated occupied the lead share in solar micro inverter market specifically due to their cost-effectiveness and ease of installation

“Direct sales channel occupied the major market in the solar microinverter market”

Based on the distribution channel, the market is bifurcated into a direct and indirect sales channel. Direct sales channels dominated the market in 2018, with 82.2% share and are expected to maintain its dominance throughout the forecast period, on account of surging number of organized retailers such as supermarkets, hypermarkets, convenience stores, and discount stores in different countries proving to be extremely beneficial for the vendors. 

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“Residential End Users were the major adopter of solar microinverter technology”

In terms of end-users, global solar micro inverters market has been categorized into residential and commercial end-users. The residential sector accounted for majority share in 2018 and is expected to witness a healthy growth rate during the forecast period. The expected market dominance of the residential sector can be majorly attributed to increasing adoption of energy conservation measures for controlling the increased energy expenditure in residential applications. Over the coming years, commercial sector is also anticipated to account for a significant portion of the global solar inverters market.

“North America accounts for the major market share in terms of revenue in the solar microinverter market”

For better understanding and analysis of the overall adoption of the solar microinverters, detailed analysis was conducted for different region/country including North America (US, Canada), Europe (Germany, Italy, UK, Belgium, Netherlands, France and Rest of Europe), Asia Pacific (China, Japan, India, Australia and Rest of APAC) and Rest of the World. Among all these regions, North America constitutes to be the most matured region. Europe and Asia Pacific are expected to witness considerable growth over the analysed period owing to increasing demand for energy efficiency and growing awareness among the households, paired with growing government participation in generating renewable energy source

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Competitive Landscape – Top 10 Market Players

Some of the dominant players operating in the solar micro inverter industry have adopted a number of competitive strategies such as merger and acquisition, partnership and business expansion among others to expand their reach and market share. The key players contributing to the growth of the global solar micro inverters market include SMA, Darfon Electronics, ABB, APSytems, Chilicon Power, iEnergy, Enphase, NEP, SunPower, Enphase and Sparq Systems among others.

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The Solar Microinverter Market report can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to our clients.

Self Service Technology Market — Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020–2026

Wireless Brain Sensor Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-26

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US Agriculture Drone Market – Current Scenario and Forecast (2019-2025) https://todaynewsspot.com/agriculture-drone-market/ Mon, 09 Mar 2020 11:47:05 +0000 https://todaynewsspot.com/?p=9722 United States Agriculture Drone Market was valued at US$ 72.10 million in 2018 and is anticipated to reach US$ 144.8 million by 2025 displaying explosive CAGR of 9.96% over the forecast period (2019-2025). With the rapid technological breakthrough, farmers are opting for agricultural drones to enhance their agricultural productivity. Being one of the newest and efficient […]

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United States Agriculture Drone Market was valued at US$ 72.10 million in 2018 and is anticipated to reach US$ 144.8 million by 2025 displaying explosive CAGR of 9.96% over the forecast period (2019-2025). With the rapid technological breakthrough, farmers are opting for agricultural drones to enhance their agricultural productivity. Being one of the newest and efficient tools in agriculture, they assist the farmers in a wide range of tasks from analyzing, planning to the actual planting of crops, and the subsequent monitoring of fields to ascertain the health and growth of crops. Furthermore, surging investments by established players along with the favorable government policies are expected to allow large and small operations to aid in effective farming practices. For instance, in 2016, US investments in agricultural drones and robotic technology amounted to US$ 389 million and approximately 40 companies raised funds. Investors such as Monsanto, Syngenta and Mitsui have backed various emerging start-ups for improving, harvesting, crop spraying and irrigation. The rising trend of implementation of UAVs for enhanced productivity and increasing awareness of precision agriculture for crop scouting and field mapping is expected to drive the adoption of drone in agriculture sector in the US. US has the highest adoption rate of aerial agriculture drones. It has been primarily adopted for crop dusting efficiency over large fields and precision agriculture and farm management. Labor shortages in the country, reduced input requirements and high yield efficiency coupled with various other incentives have been catalyzing factors influencing the growth of agriculture drones in the United States.

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“Fixed Wing Drone is expected to dominate the US agriculture drone market during the analyzed period.”

Based on drone type, the report segments the US agricultural drone market into fixed-wing drones, multi-rotor drones and hybrid drones. Fixed-wing Agriculture drones hold the maximum market (47.2% share) and are expected to keep its dominating over the forecast period as they provide exact information and ensure the effective monitoring of the agriculture field. Fixed-wing agriculture drones are considered to be the best choice to monitor the field hence, they occupy the lead share in the market.

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“Crop spraying as an agriculture drone application dominates the market in 2018 and is expected to dominate the market during the analyzed period.”

Based on application, the market is segmented into field mapping, soil monitoring, agriculture photography, crop spraying, crop monitoring. Crop spraying generated revenue of US$ 19.45 million in 2018. The segment is expected to dominate the US agriculture drone market during the analyzed period as the devices installed to support the farmers by measuring the distances with extreme precision. Application of crop sprayer results in a massive reduction in overall spray and much lower chemical level reaching the groundwater. With the usage of agriculture drones, the farmers can complete spraying jobs about 5 times faster than traditional methods. Crop Monitoring segments are expected to witness highest rate of adoption of drones in the US in coming years.

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“Mid-West the largest crop-growing region dominated the adoption of drone in the US agriculture sector in 2018”

For a better understanding of the overall adoption of the agriculture drone in the US, detailed regional level analysis was conducted including North East, Midwest, South and West regions. Among all these regions, the Mid-West region is expected to witness considerable growth over the analyzed period due to increasing technological advancement and infrastructural development in the region.

Competitive Landscape-Top 10 Market Players

Some of the major players operating in the US agricultural drone market include Aero Vironment Inc, Trimble Inc, AgEagle Aerial Systems, Inc., Precision Hawk, Senetra, Drone Deploy, Deveron, DJI, Intel, and John Deere Company. These companies are entering into partnership or investing in R&D to come up with innovative products for the agricultural sector. US agricultural drone market also witnessed emergence of various start-ups in recent past.

Agricultural Drones Market can further be customized as per the requirement or any other market segment. Besides this, UnivDatos Market Insights (UMI) understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Global Smart Homes Technology Market – Insights and Forecast till 2024

Solar Microinverter Market — Current Scenario and Forecast (2019–2025)

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Wireless Brain Sensor Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026 https://todaynewsspot.com/wireless-brain-sensor-market/ Mon, 09 Mar 2020 07:46:56 +0000 https://todaynewsspot.com/?p=9690 The wireless brain sensor market is projected to gain market revenue of US$ 2,903.8 million by 2026, growing at a CAGR of 9.3% during the forecast period 2020-2026. The advances in science and technology have led to a great advancement in healthcare. This has resulted in the growth of the life span of humans as […]

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The wireless brain sensor market is projected to gain market revenue of US$ 2,903.8 million by 2026, growing at a CAGR of 9.3% during the forecast period 2020-2026. The advances in science and technology have led to a great advancement in healthcare. This has resulted in the growth of the life span of humans as several medicines and procedures are available to overcome these diseases. The years of living have increased however, the years of healthy living are greatly impacted. The rising geriatric population has resulted in the growing prevalence of neurological disorders. Moreover, rising stress levels are also affecting mental health. These factors will act as drivers for the growth of the wireless brain sensors market. However, privacy issues and government regulations on these devices will hamper market growth.  Globally, the burden of neurological disorders, as measured by the absolute number of DALYs, continues to increase. As populations are growing and aging, and the prevalence of major disabling neurological disorders steeply increases with age, governments will face increasing demand for treatment, rehabilitation, and support services for neurological disorders. The scarcity of established modifiable risks for most of the neurological burden demonstrates that new knowledge is required to develop effective prevention and treatment strategies. This will raise the adoption of Wireless Brain Sensors services and will result in the rising entry of players in this domain and will change the market scenario.

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The portability or handiness of a device is the major factor that is affecting the market. Wireless brain sensors are used in neuromonitoring devices in order to make them portable. Based on product type the global wireless brain sensors market is bifurcated into Electroencephalography, sleep monitoring devices, magnetoencephalography (MEG), Transcranial Doppler (TCD) Devices, Intracranial Pressure (ICP) Monitors, Other (Accessories). These devices measure the brain waves that are transmitted in the form of electric impulses. Moreover, the movement of a person that is made during sleep is recorded and this data is then used in an ‘algorithm’ to estimate sleep time and quality. Electroencephalography (EEG) dominated the Wireless brain sensors market in 2019, generating revenue of US$ 525.07 million. However, Sleep Monitoring Devices are expected to witness a CAGR growth of 9.8% during the forecast period 2020-2026. Based on medical conditions, the global Wireless Brain Sensors market is segmented into Parkinson’s disease, Alzheimer’s disease, sleep disorders, traumatic brain injuries, epilepsy, migraine, Stroke and others. Application of wireless brain sensors for Traumatic Brain Injuries occupied the largest share of 24.6% in 2019. Hospitals, Diagnostic Centers, Research Institutes among others were the major end-user segments of the wireless brain sensors technology. The hospital segment dominated the market in 2019 and is expected to generate revenue of US$ 1,460.18 million by 2023.

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For in-depth understanding of the market and to analyze the overall adoption of Wireless Brain Sensors, the industry is analyzed based on geographies and countries comprising of North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific) and Rest of the world. Due to the rising awareness towards Wireless Brain Sensors services and rising disposable income North America dominated the market and is expected to generate revenue of US$ 860.28 million in 2020. Further, the rise in the geriatric population in Europe and APAC is estimated to fuel the Wireless Brain Sensors market in both the regions in the upcoming years. Europe and Asia-Pacific regions are expected to witness the highest CAGR of 10.0% and 9.9% respectively during the analyzed period.

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Some of the major players profiled in the global Wireless Brain Sensors study include EMOTIV Inc, Advanced Brain Monitoring, Inc., Muse, Neurosky, Neuroelectrics, Cognionics, Inc., Wearable Sensing, Bitbrain Technologies, Compumedics Neuroscan, Brain Products Gmbh. Several M&A’s along with partnerships have been undertaken by these players to facilitate costumers with hi-tech and innovative products. Recently, the industry has witnessed the emergence of numerous start-ups majorly in developed and developing countries.

Global Wireless Brain Sensors Market Segmentation

Market Insights, by Product

Electroencephalography (EEG) Devices

Sleep Monitoring Devices

Magnetoencephalography (MEG) Devices

Transcranial Doppler (TCD) Devices

Intracranial pressure (ICP) Monitors

Other (Accessories)

Market Insights, by Medical Condition

Parkinson’s Disease

Alzheimer’s Disease

Sleep Disorders

Traumatic Brain Injuries

Epilepsy

Migraine

Stroke

Other Medical Condition

Market Insights, by End-Users

Hospitals

Diagnostic Centres

Research Institutes

Others

Market Insights, by Region

North America Wireless Brain Sensors market

United States

Canada

Rest of North America

Europe Wireless Brain Sensors market

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific Wireless Brain Sensors market

China

Japan

India

Australia

South Korea

Rest of Asia-Pacific

Rest of the World Wireless Brain Sensors market

Top Company Profiles

EMOTIV Inc

Advanced Brain Monitoring, Inc.

Muse

Neurosky

Neuroelectrics

Cognionics, Inc.

Wearable Sensing

Bitbrain Technologies

Compumedics Neuroscan

Brain Products Gmbh

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UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Wireless Brain Sensors Market can be customized to the country level or any other market segment.

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