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Iron Oxide Market : The report starts with market overview and provides market definition by 2025

This FMI study offers a 10-year forecast for the global iron oxide market over 2015-2025. In terms of value, the global iron oxide market is expected to increase at a CAGR of 4.3% during the forecast period (2015-2025). The study demonstrates market dynamics and trends across regions that are expected to influence current status and future prospects of the iron oxide market over the forecast period.

The primary objective of the report is to offer updates on developments in the global iron oxide market and conduct quantitative as well as qualitative assessment of the market across various product types, applications and regional market segments.

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On the basis of product type, the global iron oxide market is segmented as follows:

  • Red Iron oxide

  • Black Iron Oxide

  • Yellow Iron Oxide

  • Orange Iron Oxide

  • Brown Iron Oxide

  • Green Iron Oxide

  • Blended Iron Oxide

On the basis of application, the global iron oxide market is segmented as follows:

  • Construction

  • Paints & Coatings

  • Plastics

  • Chemicals

  • Paper and Pulp Manufacturing

  • Textiles

  • Ceramics

  • Leather

  • Others (Fertilizers, Cosmetics, Rubber)

Globally, the iron oxide market is segmented as follows:

  • Asia Pacific Excluding Japan (APEJ)

  • North America

  • Western Europe

  • Eastern Europe

  • Latin America

  • Middle East & Africa

  • Japan

To understand and assess market opportunities and trends, the report is categorically split into sections such as market overview, global industry analysis, analysis by product type, by application and by region. Each section discusses the qualitative and quantitative aspects of the global iron oxide market. To give a brief idea about revenue opportunities from various product type, application and region/ country, the report also provide absolute $ opportunity and total incremental opportunity for each segment over the forecast period.

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The report starts with market overview and provides market definition and analysis about drivers, restraints, opportunities and key trends in the market. The sections that follow include global market analysis, analysis by product type, by application and further by regional/country level analysis. All the above sections evaluate the market on the basis of various factors affecting the market, covering present scenario and future prospects. For market data analysis, the report considers 2014 as the base year, with market numbers estimated for 2015 and the forecast made for 2016–2025.

To calculate market size, the report considers average price of iron oxide across geographies on a regional basis. The forecast assesses total revenue as well as volume of global iron oxide market. The data is triangulated on the basis of different analysis considering supply side, demand side and dynamics of regional markets. However, quantifying the market across regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

Table of Content

1. Executive Summary

2. Assumptions & Acronyms Used

3. Research Methodology

4 .Global Iron Oxide Market Overview

5. Global Iron Oxide Market Analysis, By Product Type

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Stair Lifts Market - Complete Study of Current Trends and Growth Drivers For 2024

Stair lift is a motorized seat which runs along a rail or track in home care settings or healthcare facilities. Stair lifts are powered by alternating current and also with batteries to function during the time of power outage. Stair lifts are available for straight and curved staircases and can be fully customized by the customers. Majority of people who install stair lifts are either disabled or are suffering from musculoskeletal disorders due to aging. Stair lifts are safe and easy to operate by any age group of patient population. Stair lifts which are presently available are equipped with variety of features such as swivel seat, limit sensors, safety belt or harness, handheld controller, flip-up rail , call stations and rechargeable batteries.

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Common challenges facing the global geriatric population include chronic diseases, instances of falling due to vertigo and dizziness, mental deterioration, and reduced mobility caused by age-related issues. Around 92% of the global geriatric population commonly suffers from chronic diseases such as heart disease, cancer, stroke, and diabetes. According to the National Council on Aging, every 15 seconds an elderly person is treated in the emergency room as a result of falling. Stair lifts have proven to be an essential mobility devices among the geriatric and disabled population, leading to high adoption rates. Growth of the global stair lifts market is fueled by increasing awareness about accessibility and mobility devices and technological advancements in the industry.

By product type, the stair lifts market is segmented into straight stair lift, curved stair lift, and standing stair lift. Straight stair lift segment is estimated to account for highest revenue share in 2016, which is expected to increase over the forecast period. Standing stair lift segment is expected to witness sluggish growth over the forecast period due to relatively higher adoption of straight and curved stair lifts.

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On the basis of modality, the stair lifts market is segmented into indoor and outdoor. Indoor modality segment is expected to witness high growth in terms of value due to increasing adoption in indoor facilities such as homes and healthcare facilities.

By mode of operation, the global stair lifts market is segmented into alternating current (AC) and battery. Battery segment is anticipated to register high CAGR over the forecast period due to ease of operation and frequent power outages in developing countries.

On the basis of end user, the stair lifts market is segmented into healthcare facilities and home care settings. Home care settings segment is expected to create robust growth opportunities owing to increasing adoption of stair lifts in home settings.

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By region, the global stair lifts market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). High adoption rate of stair lifts is expected to boost growth of the stair lifts markets in Europe and North America. The U.K. market is expected to remain dominant; whereas the market in North America is expected to witness high growth rate due to increasing geriatric population and increasing technological development with regard to mobility devices by manufacturers.

Some key market participants included in the PMR’s stair lifts market report include Stannah Stairlifts Ltd., Acorn Stairlifts, Inc., thyssenkrupp AG, Handicare, Bruno Independent Living Aids, Inc., Platinum Stairlifts and Harmar.

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Personal Emergency Response Systems Market - Complete Study of Current Trends and Growth

Increasing aging population as well as increasing prevalence of central nervous system (CNS) disorders are leading to various risks and emergency situations. Some of the main causes of risk situations among the elderly population are rising incidence of Alzheimer’s and strokes. According to an estimate by the World Health Organization, 12.5% of people aged 65 years and older and 45% of people aged 85 years and older suffer from Alzheimer’s disease. Also, nearly twice as many women as men suffer from the disease. Personal emergency response system (PERS) products such as landline devices, mobile devices, standalone devices and mobile applications are used to alert emergency services in the event of any emergency. Such devices have the potential to mitigate some adverse consequences. These systems can be used at home or in assisted living facilities and hospitals to save the aging and physically challenged individuals from life-threatening situations.

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The global personal emergency response systems market is estimated to be valued at US$ 3,421.3 Mn in 2016, and is projected to witness stable growth across all regions over the forecast period. Factors such as introduction of high-end products by key players and increasing awareness among people about personal emergency response systems are expected to fuel demand for these devices.

Growth of the personal emergency response systems market is expected to be driven primarily by rising geriatric population opting for enhanced medical alert services. According to the United Nations Department of Economic and Social Affairs, the world’s aging population was 900.9 Mn in 2015 and is expected to reach 1.4 Bn by 2030. Also, availability of insurance program to low-income individuals in developed countries is another factor expected to boost overall growth of the personal emergency response system market in the near future. The personal emergency response systems market is also expected to be driven by increased penetration of smartphone-based mobile applications among senior citizens and technological advancements in personal emergency response systems such as two-way voice communication and medication reminder.

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Key players in the personal emergency response systems market are focused on integrating advanced technologies such as LAN technology and cellular technology in a single device in order to gain competitive advantage in the market. Devices with both LAN and cellular technologies offer an advantage as users can shift to any one depending on the available source.

The market in North America is expected to expand at the highest CAGR in terms of value over the forecast period. Increasing prevalence of chronic diseases and rising healthcare spending are factors expected to further drive demand for personal emergency response systems. The number of companies that provide personal emergency response systems in North America is relatively high when compared to other regions. The presence of global players as well as local players has led to intense competition in the personal emergency response systems market in North America. To increase sales, companies are offering discounts and manufacturing cost-effective products.

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Europe is the second-most lucrative personal emergency response systems market. Overall aging population is high in the region when compared to other regions and the region accounts for 11.2% population of those suffering from neurological disorders in the world. The market in Europe is expected to expand at a stable CAGR over the forecast period. Major companies based in Europe are looking to expand their base outside Europe to better cater to growing global demand for personal emergency response systems.

The Asia Pacific market is expected to expand at the highest CAGR, followed by Latin America and Middle East & Africa, over the forecast period. The personal emergency response systems market in Middle East & Africa accounts for a nominal share of the overall global market, but is expected to evolve over time with increasing technological advancements and rising awareness through promotional campaigns.

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Natural and Organic Personal Care Products Market Future Trends and Scope Analysis By 2024

Natural and organic products are produced without addition of any synthetic material or chemicals. Increased health awareness amongst the global population has become a primary factor driving demand for natural as well as organic products in the personal care products market. Rising demand for chemical-free personal care products, along with increasing disposable income, and improving standards of living in developed and developing economies is fueling demand for natural and organic personal care products. Also, consumer demand is rapidly shifting towards natural and organic products due to stringent government regulations and policies against the use of chemicals and growing environmental safety concerns globally.

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Personal care industry is trend-driven and is constantly changing according to the latest fashions. Primary factors driving demand for natural and organic products include increasing number of health conscious consumers, growing awareness regarding the benefits of natural and organic-based personal care products, increasing spending capacity, and higher product visibility online as well as on the shelf etc. These factors are prompting entry of new players into the market through acquisitions by existing players in the market. The personal care industry is broadly segmented on the basis of product type as skin care, hair care, cosmetics, oral care, and others, with the skin care product segment accounting for largest share in terms of both value and volume.

Natural and organic personal care product market is further segmented on the basis of distribution channels as hypermarkets/supermarkets, specialty retailers, drug stores, online retail, and direct sales. Hypermarkets/supermarkets is the dominant segment, followed by the online retail segment, with market share expected to be 20.3% by 2024.

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North America is a major regional market, expected to account for 33.5% share of the global market by 2016 end, and expected to expand at a CAGR of 9.7% over the forecast period. North America natural and organic personal care products market is expected to witness robust growth owing to high consumer awareness regarding the benefits of natural and organic personal care products in comparison to conventional products in the region. Moreover, launch of new products is further stimulating market growth. Also, in order to meet varying consumer demand, department stores and specialty personal care products stores are offering premium grade organic and natural personal care brands.

The European region is one of the dominant markets for natural and organic personal care products. The region has been witnessing increasing demand for superior quality and high-end perfumes. The European region has also witnessed increasing shift towards “waterless” personal care products, due to environmental concerns and water safety issues, resulting in further innovation and production of dry shampoos and beauty bars by manufacturers.

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Asia Pacific is the fastest growing market for natural and organic personal care industry, and the market in this region is expected to register a CAGR of 9.1% in terms of revenue over the forecast period. Among countries in APAC, the market in Japan is expected to witness highest uptake of natural and organic personal care products, followed by China over the forecast period. Multiple distribution channels, increasing product innovation, and changing consumer preferences towards natural and organic products are some of the major factors contributing towards growth of the global market.

Key global players in organic and natural personal care market include Estee Lauder Companies Inc., L’Oréal SA, Weleda AG, Burt’s Bees, Arbonne International, LLC, KORRES S.A., Avon Products, Inc., Bare Escentuals Beauty, Inc., Coty Inc., and Aveeno (J&J).

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IT Infrastructure Monitoring to reach a market value of US$ 34.1 Bn by 2024

The need for enhanced security and monitoring in organizations across the globe are the major factors driving the IT infrastructure monitoring market. However, factors such as security concerns among the users, especially for solutions requiring public connectivity and security, is expected to hinder growth of the global IT infrastructure monitoring market. For instance, in case of a cloud network monitoring solution, trust is needed to be placed on the cloud provider. Cloud-based solutions have a wider attack surface, as compared to in-house network monitoring solutions, which can be disconnected from the public network.

The global IT infrastructure monitoring market is anticipated to expand at a CAGR of 6.6% in terms of revenue from 2016 to 2024, to reach a market value of US$ 34.1 Bn by 2024.

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The IT infrastructure monitoring market is segmented on the basis of region into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The North America IT infrastructure monitoring market is expected to be the highest contributor to the overall global IT Infrastructure monitoring market in terms of value share, followed by Europe, by 2016 end. The Latin America IT infrastructure monitoring market is expected to witness highest CAGR over the forecast period (2016–2024). Growth of the North America IT infrastructure monitoring market is primarily attributed to government support to increase IT spending. For instance, the U.S. government is spending more on shared services and cloud services for IT needs, thus reducing expenditure on in-house IT solutions. This is expected to have adverse effect on on-premise IT infrastructure monitoring solution segment growth. Latin America IT infrastructure monitoring market is expected to expand at a CAGR of 8.6% in terms of value over the forecast period (2016-2024).

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The report provides detailed information about various market trends and offers analysis and insights about the potential of the IT infrastructure monitoring market globally. Furthermore, the IT infrastructure monitoring market is segmented on the basis of type into software and service. The software segment is sub segmented into bundled software and individual software, whereas service segment is sub-segmented into consulting, integration & implementation, and other service.

The service type segment is expected to be the highest contributor to the IT infrastructure monitoring market in terms of value share by 2016 end, while software segment is expected to be the fastest growing segment in the overall market over the forecast period. The software segment is expected to expand at a CAGR of 7.4% over the forecast period.

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On the basis of the deployment type, the market is segmented into on-premise and cloud/hosted. The cloud/hosted segment is expected to expand at the highest CAGR in terms of value during the forecast period. However, the on premise segment accounted for highest revenue share of the overall market in 2015 and is expected to dominate the overall market during the forecast years.

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Industrial Gases Market to reach a market value of US$ 1,270.1 Mn by 2022

The GCC industrial gases market is anticipated to grow from US$ 783.7 Mn in 2015 to US$ 1,270.1 Mn by 2022, expanding at a CAGR of 7.3% in terms of revenue during the forecast period (2016-2022). In this report, the GCC industrial gases market is tracked in terms of volume consumption, and is calibrated to obtain the market revenue estimates by multiplication of weighted average prices. Increasing demand from various end-use industries such as metals and metallurgy, medical & healthcare, welding & metal fabrication, automotive & aerospace, refining, chemicals, pulp & paper etc. is anticipated to drive growth of the GCC industrial gases market over the forecast period. Growing infrastructural development, with government’s focus to reduce economic dependency on oil & gas sector and in line with key regional events such as Dubai Expo 2020 and FIFA World Cup 2022, Qatar, are further expected to push the demand for industrial gases in the GCC region over the forecast period.

However, factors such as high energy costs for production and distribution of industrial gases, and high dependency on cyclical end-use industries are some of the major challenges expected to be faced by market players in the GCC industrial gases market during the forecast period.

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The overall GCC industrial gases market is segmented on the basis of gas type, application, and country.

The section - market analysis, by gas type, comprehensively analyzes the market on the basis of gas type and presents an in-depth analysis of the market size in terms of value and volume for 2016-2022. In 2015, with more than one-fourth of total revenue share, the oxygen segment dominated the GCC industrial gases market, followed by the nitrogen and carbon-dioxide segments, respectively. The argon segment is anticipated to expand at the fastest CAGR of 8.3% over the forecast period in the GCC industrial gases market in terms of revenue, followed by the oxygen segment.

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The section - market analysis by application, analyzes the GCC industrial gases market on the basis of applications of these gases across various industries and the data is provided both in terms of value and volume for 2016-2022. The metals and metallurgy segment is expected to expand at the highest CAGR of 8.4% in terms of value during the forecast period. In terms of market share, the refining and chemicals segments collectively accounted for more than one third revenue share of the overall market in 2015 and are expected to dominate the GCC industrial gases market throughout the forecast years.

The section - market analysis by country, includes an in-depth country level analysis of all GCC countries namely, KSA, UAE, Kuwait, Qatar, Oman and Bahrain, by product type and application; and provides market data both in terms of value and volume for 2016-2022. In 2015, KSA dominated the overall GCC industrial gases market, accounting for close to half of the total market share. The industrial gases market in Qatar is forecast to expand at the highest CAGR over the forecast period.

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Key players reported in this study on the GCC industrial gases market include Air Products & Chemicals Inc., Praxair Inc., Gulf Cryo, Air Liquide, The Linde Group, Yateem Oxygen, Abdullah Hashim Industrial & Equipment Co. Ltd., Dubai Industrial Gases, National Industrial Gas Plants - Mohammed Hamad Al Mana Group, Bristol Gases - Concorde Corodex Group and Buzwair Industrial Gases Factory.

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Holter Monitoring Systems Market studies Research Report 2016

Holter monitor is a portable ECG device that can be worn by the patient to record heart activity continuously for a certain period. Other ECG devices record heart activity only for a certain period. However, a patient may suffer from irregular heartbeat at any point in time, thereby requiring continuous monitoring for a longer period. Holter ECGs are capable of recording data for a longer period, and transferring the same to doctors for analysis.

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Cardiovascular Diseases (CVD) has become a major health concern globally. This is resulting in the healthcare industry adopting new and innovative devices to ensure enhanced medical care, and also investing in better healthcare facilities. This is turn is boosting demand for better patient monitoring devices. To avoid risks associated with CVD, monitoring devices are widely used by individuals who are likely to be exposed to factors that cause CVD. Holter monitoring systems are non–invasive and are proven safe and effective for patient monitoring, which is a major factor fueling demand for such devices. However, healthcare facilities in emerging and underdeveloped countries lack trained staff and appropriate health care infrastructure, thereby affecting adoption of Holter ECG devices. Moreover, a presence of several small players is impacting growth opportunities for global players to a certain extent. Key players in the market have well-established distribution channels; whereas small players create barriers for small players entering the Holter monitoring systems market.

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By product type, the global Holter monitoring systems market is segmented into Holter monitoring devices, event monitoring devices, and Holter monitoring software. Holter monitoring devices segment accounted for highest revenue share in 2015 and expected to remain dominant over the forecast period. Software segment is expected to witness sluggish growth over the forecast period due to technological advancements in Holter monitoring devices.

On the basis of an end user, the global Holter monitoring systems market is segmented into hospitals, diagnostic centers, clinics, and ambulatory surgical centers. Hospitals segment is expected to create robust growth opportunities owing to easy availability.

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By region, the global Holter monitoring systems market is segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa The high adoption rate of new technology is expected to boost the growth in the U.S. for Holter monitoring devices market. The U.S. is expected to remain the dominant market for Holter monitoring systems over the forecast period. The market in APAC region is expected to witness the highest growth due to a large population suffering from cardiovascular diseases and presence of several local manufacturers providing Holter monitoring systems at competitive prices.

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Glycobiology Market Analysis of business strategies of top players

Glycobiology is the pursuit to decipher the information communicated by carbohydrate molecules – the carbohydrate code or glycocode. Glycans or carbohydrates are one of the fundamental classes of macromolecules present in biological systems, and are formed by individual sugar units called monosaccharides linked to each other in multiple ways. Glycans are involved in every aspect of biochemistry of life in a way that proteins and peptides cannot be evaluated without understanding science that deals with the study of synthesis, structural elucidation, functional property identification, and mechanism of interaction of glycans with biological molecules such as lipids and proteins.

Glycobiology Market: Revenue Growth Expected to be Driven by Extensive Research to Study Carbohydrate Molecule Over the Forecast Period, 2016–2024

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Chronic diseases such as cancer and diabetes have become a major reason for increasing research in the field of drug development, which is leading to increasing R&D expenditure by pharmaceutical companies, thus boosting revenue growth of the global glycobiology market. Increasing funding through government bodies is expected to boost revenue growth of the market over the forecast period. Factors such as continuous technological advancements, availability of products to conduct protocol with high specificity and sensitivity is expected to boost revenue growth of the global glycobiology market. However, factors such as high product cost and low availability of skilled professionals is expected to hamper revenue growth of the global glycobiology market.

On the basis of product type, PMR has segmented the glycobiology market into instruments, enzymes, consumables, and reagent kits. Enzymes product type segment is expected to dominate the market through the forecast period and is anticipated to be the most lucrative segment. Due to high adoption rate of enzymes to conduct various research, this segment is expected to witness high incremental opportunity globally.

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On the basis of end user, the glycobiology market has been segmented into biopharmaceutical companies, research laboratories, hospitals, diagnostic centers, contract research organization, biotechnology industry, academic institutes, and others. PMR estimates that biopharmaceutical companies segment is expected to account for the highest revenue share in end user segment of the global glycobiology market and is expected to witness fastest growth over the forecast period. Factors such as increasing demand for novel drug development, especially for chronic diseases such as cancer and diabetes, is expected to boost revenue share of the biopharmaceutical companies segment. Research laboratories segment is also expected to register a significant growth rate during the forecast period.

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By region, the global glycobiology market is segmented into North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). The U.S. is expected to remain dominant market for glycobiology in the North America glycobiology market; whereas APAC region is expected to witness highest growth majorly due to increasing number of research initiatives being conducted in countries such as Japan and China.

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Foodservice Disposables Distribution Systems Market to reach a US$ 2,225.2 Mn by 2022

The Europe (U.K., Spain, France & Switzerland) foodservice disposables market is currently experiencing a healthy growth, attributed to the increasing growth of the quick service restaurants across Europe. In addition, rise in number of convenience seeking customers is further expected to drive the market growth in the near future. For a better understanding and analysis of the industry, the market has been segmented on the basis of product type, end user, distribution channel, and country.

The Europe foodservice disposables market is estimated to expand at a CAGR of 4.9% from 2016 to 2022, to reach a market value of US$ 2,225.2 Mn by 2022. The market was valued at US$ 1,513.8 Mn in 2014. In terms of volume, the Europe foodservice disposables market stood at 9,685.2 Mn units in 2014, and is projected to increase at a CAGR of 2.6% from 2016 to 2022. The U.K. and France are projected to be the fastest growing markets over the forecast period in terms of volume consumption. The significant growth of the U.K. market is mainly attributed to increasing number of cafes/bars and takeaway formats across the country.

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On the basis of product type, in terms of value, the tableware disposables segment accounted for the significant market share of 85.7% in 2014, and is projected to maintain its dominance through 2022. Moreover, the tableware disposables segment is expected to show significant growth in the foodservice disposable distribution systems market over the forecast period. The durable plastic glasses segment is also projected to showcase favorable growth over the forecast period. The tableware disposable segment is further sub-segmented into plates, cups & mugs, trays and containers, cutlery, and bowls & tubs. Among all the sub-segments, the plates sub-segment is expected to expand at the highest CAGR of 5.5% over the forecast period, followed by the trays and container sub-segment

On the basis of end user, the restaurants segment accounted for the significant value share of the foodservice disposables market, accounting for 22.6% value share in 2014. The segment is expected to maintain its dominance through 2022. Moreover, in terms of volume consumption, the segment is expected to expand at the highest CAGR of 3.3% over the forecast period, followed by the foodservice providers/caterers segment.

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On the basis of distribution channel, the cash & carry segment has been estimated to account for the significant value share by 2015 end and is expected to continue to remain dominant over the forecast period as well. The segment was valued at US$ 326.3 Mn in 2014. Growth of the segment is primarily driven by the inclination of consumers towards buying food disposables after seeing it. Among the various distribution channels, in terms of volume, the cash & carry segment accounted for the significant market share in 2014. Moreover, the distributors segment is expected exhibit favorable growth over the forecast period, owing to the collaboration of various distributors with manufacturers. The customers prefer to buy food disposable products from distributors as they offer assorted product portfolio.

Among the various countries, the U.K. dominated the global market, accounting for 43.1% value share of the overall market in 2014. The segment is expected to maintain its dominance over the forecast period as well. Even in terms of volume, the U.K. dominates the overall market currently, accounting for 42.6% share in 2014, and is expected to maintain its dominance over the forecast period

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Key players in the Europe food service disposables distribution systems market that are covered in the report include Dispo International, EFG Foodservice, First Pack, Go-Pak Group, ITP Imports Ltd. (Discount Wholesale), Mashers, MBS Wholesale Ltd, Party & Paper Solutions Ltd., Pattersons UK, and Sustainable Disposables Trading BV (SD Trading).

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ECG Devices Market Market Detailed Analysis and Forecast by 2024

ECG (Electrocardiogram) Device is a device which records the heart activities through electric signals and are amplified on the ECG monitor. ECG devices are used to diagnose types of heart diseases and arrhythmias in a person’s body therefore assist the appropriate therapy. The ECG test is noninvasive and painless procedure and determines abnormality patterns in heart. There are four different types of ECG device which determine heart activities of body under certain condition or activities.

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Chronic diseases have become a major cause of diseases globally which is causing a lot of pressure on healthcare industry to adopt new paradigm of medical care and better healthcare facilities boosting the demand for new technologies. Cardiovascular disease is one of the most common of all health problems and leading cause of deaths globally. To avoid the risk associated with heart disease, ECG tests are conducted by people who are likely exposed to the factors causing heart disease. Due to increased awareness about CVD, patient monitoring devices are gaining importance over years due to ease of operation and quick results. Development in ECG devices and increase in global disease burden will drive the market growth for ECG devices over the forecast period. ECG device market has established market players along with OEMs and small players which are expanding their markets to cover larger market share into the emerging economies. Due to high competitiveness in the market players, ECG device market is fueled by bringing innovation.

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By product type, ECG device market is segmented into ECG resting system, ECG holter monitoring system, ECG stress testing system and cardiopulmonary stress testing. ECG resting system segment is estimated to account for highest revenue share in 2015 and ECG holter monitoring system is expected to grow over the forecast period. ECG resting system is expected to witness sluggish growth over the forecast period due to technological advancements in ECG holter monitoring system.

On the basis of end user, the ECG device market is segmented into hospitals, diagnostic centers, clinics and ambulatory surgical centers. Hospitals segment is expected to create robust growth opportunities owing to better infrastructural facilities and large patient database.

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By region, the global ECG device market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa The high adoption rate of new technology is expected to boost the market in the U.S. for ECG holter monitoring devices. The U.S. is expected to remain dominant market for ECG devices whereas APAC region is expected to witness highest growth due to large number of population suffering from cardiovascular diseases and increase in budding manufacturers providing ECG device at competitive prices.

About MRRSE

MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.

Contact

Corporate Office
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