P&S Intelligence

Molecular Biology Kits and Reagents and Enzymes Market in Asia-Pacific to Witness Fastest Growth Globally by 2022

LogoThe molecular biology kits and reagents and enzymes market is growing due to increasing geriatric population, increasing prevalence of infectious diseases, and growing cases with genetic disorders. In addition, increasing healthcare expenditure resulting in improvement in research activities is further driving the market growth.

Senior Citizens Is Expected to Realize the Fastest Growth (8% CAGR) During 2015 - 2020 in the Global Mineral Supplements Market

LogoGlobal mineral supplements market is increasing mainly attributed to growing geriatric population, increasing demand from pregnant women, and rising urban population. By end-user, the adult women segment hold the largest share of the total market in 2014 and it is expected to reach $5.7 million in 2020, at a CAGR of 7.6% for the period 2015-2020. During pregnancy, women are advised by their doctors to take more supplements, including mineral supplements, to avoid any deficiency in the body related to minerals. This, in turn, acts one of the growth factors for the global mineral supplements market.

Monoammonium Phosphate Type Segment Expected to Witness Fastest Growth (3.9% CAGR) During 2016 – 2022, in the Global Ammonium Phosphate Market

LogoThe major factors driving the growth of the market globally include its increasing use in animal feed and industrial applications, and growing agriculture industry in the emerging nations. Asia-Pacific is anticipated to create significant growth opportunities for the growth of the global Ammonium phosphate market. The significant growth of the end-user industries, such as food and beverages, and agriculture in the region is catalyzing the demand of ammonium phosphate. The continuous investment in these industries is also expected to drive the demand for ammonium phosphate in Asia-Pacific. The growing demand for food and food products, along with increasing population is expected to augment the growth of the agricultural industry, which in turn is expected to boost the growth of the ammonium phosphate market during the forecast period.

Industrial Paints and Coatings Is Expected to Realize the Fastest Growth (6% CAGR) During 2015 - 2020, in the Global Paints and Coatings Market

LogoThe global Paints and coatings market is expected to increase from $128,228.5 million in 2014, and reach up to $173,048.2 million by 2020, with a CAGR of 5.2% during 2015-2020. In terms of volume, the global paints and coatings market is expected to increase from 37,273.7 million tons in 2014, to 46,697.4 million tons, by 2020.

North America Held the Largest Share in the Global Advanced Wound Care Market Due to Increase in Geriatric Population

LogoThe advanced wound care market is growing due to increasing geriatric population and increasing awareness about these products combined with its increasing adoption. Increasing incidences cases of obesity and diabetes are also leading to increased demand for advanced wound care products. Among the different types of advanced wound care, the advanced wound dressing segment is expected to witness the fastest growth during the forecast period.

Bridges and Crowns Segment Expected to Realize the Fastest Growth (7.1% CAGR) in the Global Dental Implant and Prosthetic Market, During 2016 - 2022

LogoThe global dental implant and prosthetic market is growing at a significant rate due to growing geriatric population, increasing dental awareness and increasing healthcare expenditure. The increasing incidence of tooth caries and periodontal condition and increasing focus on dental quality are also driving the growth of the global dental implant and prosthetic market.

Hot Melts Type Segment Is Expected to Achieve the Fastest Growth (11% CAGR) During 2015 – 2020, in the Global Automotive Adhesive & Sealant Market

LogoThe global Automotive adhesive and sealant market was valued at $4,879.3 million in 2014, and it is expected to grow with a CAGR of 8.8% during 2015 - 2020. The factors driving the growth of the global market include increasing focus on the usage of lightweight materials, vehicles safety and regulations, and fuel economy regulations. The vehicles safety standards and regulations are becoming stringent across the globe. The increasing awareness of consumers regarding safety aspects of vehicles are resulting in increasing usage of various types of safety equipment. EURO NCAP is one of the organizations composed of seven governments, which provides an independent assessment of the car safety level for the cars sold in Europe. The increasing vigilance by such organization is another factor, which is forcing the automotive manufacturers to focus on car safety. The use of adhesive and sealants in a vehicle provides integrity to the bonnet and boot. These factors are anticipated to increase the demand of adhesive and sealants in the coming years.

Home Healthcare Segment Expected to Witness the Fastest Growth in the Global Medical Gases and Equipment Market, During 2016 - 2022

LogoThe global medical gases and equipment market is growing at a significant rate due to growing geriatric population, increasing prevalence of lifestyle associated diseases, and increasing demand of home healthcare. The technological advancement and increasing incidence of respiratory diseases is also driving the growth of the global medical gases and equipment market. However, the factors such as shortage of helium and changes in medical gas calibration standards are inhibiting the growth of the market globally.

Global Ventilator Market Is Driven by Increasing Level of Air Pollution Across the Globe

LogoThe growth of the global market is largely driven by increasing level of air pollution across the globe and growing geriatric population. Some of the other factors driving the growth of the global market include increasing prevalence of respiratory diseases, changing lifestyle, rapid urbanization, increasing healthcare expenditure, and high prevalence of tobacco smoking. Growing demand for home care therapeutic devices and high growth in developing countries are expected to create ample opportunities for the manufacturers of ventilators.

Asia-Pacific Ultrasound Devices Market Expected to Witness the Fastest Growth (6.3% CAGR) Globally, During 2016-2022

LogoThe global ultrasound device market is growing at a significant rate, due to increasing healthcare expenditure, technological advancement of ultrasound, increasing demand for minimally invasive diagnostic and therapeutic techniques, and growing geriatric population. The increasing prevalence of chronic diseases and improving healthcare infrastructure in developing countries are also driving the growth of the global ultrasound device market.