ReleaseWire Connect

The European CGMS market is expected to witness dynamic growth, owing to rise in per capita healthcare expenditure, increase in disposable income of individuals, and growth in prevalence rates of diabetes. In addition, CGMS has various advantages over conventional glucose monitors such as greater sensitivity, higher precision, and periodic monitoring. CGMS can be used across all age groups and various healthcare settings. Moreover, the technology is applicable in artificial/bionic pancreas; hence, several CGMS and insulin pump manufacturers focus on the development of novel and advanced CGMS. However, unfavorable reimbursement policies for CGMS hinder the market growth.

Energy Storage Systems Market Report, published by Allied Market Research, forecasts that the global market was valued at $172,236 million in 2015, is expected to garner $264,953 million by 2022, registering a CAGR of 6.4% during the period 2016 - 2022.It is anticipated that pumped hydro storage technology segment would generate the highest revenue throughout the forecast period. In the year 2015, Asia-Pacific led the global market and is expected to maintain its position throughout the forecast period.

Weight Loss and Weight Management Diet Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $422.8 billion by 2020, registering a CAGR of 9.1% during the period of 2015-2020. Currently, North America occupies the largest market share of approximately 35%, owing to its largest percentage share of obese population. However, developing markets would witness a faster adoption of weight loss and weight management diet during the forecast period.

According to a new report published by Allied Market Research, titled, Caribbean Islands Bunker Fuel Market by Type, Commercial Distributor, End User, and Geography: Opportunity Analysis and Industry Forecast, 2017-2023, the Caribbean islands bunker fuel market was valued at $8,231 million in 2016, and is projected to reach $16,404 million by 2023, growing at a CAGR of 10.7% from 2017 to 2023. Fishing vessel is anticipated to grow at the highest rate during the forecast period, as this vessel possesses high potential to use battery solutions because diesel engines do not have better efficiency even at low speeds. Thus, boats/ships can be built on diesel-electric power while operating in low speeds for a couple of hours.

Changing lifestyle conditions, reduced conceiving rates in women above 40 years, delay in pregnancy in women suffering from gynecological conditions, and fertility disorders followed by favorable reimbursement scenario and delayed parenthood opted by couples due to professional and financial constraints are some of the major factors that drive the market growth. The Asia-Pacific IVF market is estimated to grow at a CAGR of 13.3% during 2016-2022.

Spoolable Pipes Market is expected to reach $2,107 million by 2023, from $1,345 million in 2016, registering a CAGR of 6.7% from 2017 to 2023. Spoolable pipes provide excellent resistance against corrosion, temperature, pressure, chemicals, and impact.

The telematics market holds a promising future for the growth of vehicle-embedded telematics technology. Automotive OEM embedded type, is expected to gain momentum, given the growing alliances between component or device manufacturers and connectivity service providers. This arrangement saves cost for not only the manufacturer but for the consumers as well. Transportation and logistics industry, is the leading market for the telematics. The fleet manager plays an important role in logistics and transportation industry. They help logistics operators in improving the productivity, performance and overall safety of fleets. Also, Insurance sector is one of the important drivers for telematics market, particularly in aftermarket solutions. They enable the insurance companies to minimize risk, through monitoring of different aspects such as maintenance, usage & security, etc.

Silicones Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $20,784 million by 2022, registering a CAGR of 4.9% during the period 2016-2022. Silicone elastomers segment dominated with more than one-third share of the market revenue and volume in 2015.

Surgical Robotic Systems Market Report is expected to garner $6.4 billion by 2020. The gynecology application segment accounted for 28% share of the surgical robotic systems market share in 2014, and is expected to maintain its dominance during the forecast period.

Intravenous immunoglobulin (IVIG) is used in the treatment of deficiency disorders such as hypogammaglobulinemia, Kawasaki disease, multifocal motor neuropathy, and chronic inflammatory demyelinating polyneuropathy. Globally, the rise in immunoglobulin deficiency and the associated disorders drive the use of IVIG in clinical settings. GAMUNEX-C, Flebogamma DIF 5% & 10%, Gammaplex, and Kiovig are the key regulated products approved for use in therapy settings. There are several products that are available in market as "off-label" products, including Gammagard Liquid intravenous, Gammagard S/D intravenous, and Bivigam intravenous.