ReleaseWire Connect

The global licensed sports merchandise market is chiefly driven by innovation and development of more attractive and stylish sports apparel, sports accessories, and other product varieties. The market is also significantly influenced by the improved economic conditions across developing economies such as India and China, owing to which, sports lovers are spending lavishly on licensed sports merchandise.

The use interventional radiology procedures is witnessing a huge surge across the globe owing to their minimally invasive nature and benefits such as less recovery time and hospital stay. A number of interventional radiology procedures are being regularly used for the treatment of diseases such as cancer, cardiovascular diseases, and traumatic inquiries, the prevalence of which is rising at an alarming rate globally. The field of interventional radiology also holds immense promise owing to the wide range of applications and technological advancements.

The global market for corporate heritage data management solutions is experiencing significant growth in demand from a number of industry verticals. Demand for essential historical/heritage in an organized manner is the driving force of the market. Companies have started realizing the benefits of heritage data for marketing and brand development activities. Increased spending on marketing and related activities is anticipated to drive the corporate heritage data management market.

Blood flow measurement devices are used for measuring the volume rate of blood flow in the blood vessels of the body. The vascular assessment data obtained through the blood flow measurement devices helps physicians to maintain the equilibrium between supply and demand of tissue oxygen of patients. Rising incidence rate of circulatory diseases and metabolic disorders are fueling the growth of these devices market. According to the Centers for Disease Control and Prevention (CDC) in the year 2012, approximately 8,000,000 people in the United States had peripheral arterial disease (PAD); that includes 12-20% of population older than 60 years of age. Hence, rising incidence of PAD and other metabolic disorders are some of the major factors that are expected to drive market growth at a substantial rate in the near future.

The global allergy diagnostics market is poised to witness healthy growth during the next few years, driven primarily by the rising instances of allergies around the world and significant growth in diagnostic and treatment options for the same. The opportunity presented by the global market was pegged at US$1.3 bn in 2015 and is projected to be worth US$3.8 bn by 2024, expanding at a strong CAGR of 12.8% therein.

Global surge protection devices market was valued at USD 2020.4 million in 2014; growing at a CAGR of 5.6% from 2014 to 2020. The concept of protecting electronic devices from power surges or spikes is known as surge protection. The surge protection device allows multiple equipment to plug into single power outlet in order to minimize the risk of damage. A power surge is a significant increase in voltage above the designated level. The rise in voltage above standard level is expected to damage the electronic equipment.

Sports medicine devices in medical field are used to treat and prevent sports and exercise related injuries. Various injuries caused due to sports and general exercise include head, knee and ankle injuries, muscle cramps, sprains and strains and ligament ruptures. These devices are either surgically implanted, externally attached or used for minimally invasive procedures such as arthroscopy. These also involve use of performance monitoring devices and various accessories products such as wraps, tapes and slings. The recovery products comprises hot and cold packs, electro stimulators and compression clothing.

Technologies utilized to treat diseases like asthma, chronic obstructive pulmonary disease (COPD) and cystic fibrosis using pulmonary route of drug administration are identified as pulmonary drug delivery systems. Technological advancements have brought a lot of change in the way the pulmonary drug delivery systems work. Various technically advanced inhalation systems available in the market include soft mist inhalers, breath actuated inhalers, and inhalers with integrated drug dose counters.

Global pressure sensors market was valued at USD 6.53 billion in 2014, growing at a CAGR of 6.2% from 2014 to 2020. Pressure sensors are typically used for measuring pressure of gas or liquids. These sensors usually act as a transducer and generate electrical signals as a function of the pressure imposed on them. With technological advancements in several industry verticals such as automotive, healthcare, and oil and gas, the applications and functionalities of pressure sensors is evolving continuously. Modern day pressure sensors utilize digital technology for providing better sensing performance and efficiency.

The market for passive optical LAN (POL) is poised for substantial growth in the coming years, registering a double-digit CAGR through the forecast period. Escalating bandwidth requirements, coupled with the energy efficient nature of passive optical components, is driving the POL market. The growth of networking technologies in the Asia Pacific and RoW markets, increasing fiber deployments, and rising investments in technological advancements and research infrastructure across both the regions are also propelling the passive optical LAN market.