P&S Intelligence

How Growing Need for Remote Patient Monitoring Is Driving the Telemedicine Market

LogoGlobal telemedicine market is projected to attain a size of $48.8 billion by 2023 by P&S Intelligence.

Worldwide 3D Printing Market Witnessing Steady Growth

LogoThe global 3D printing market generated a revenue of $8,583.6 million in 2017 and is expected to witness a CAGR of 24.6% during the forecast period 2018–2023. The major drivers of the market are reduction in manufacturing cost, increase in government investments in 3D printing projects, and ease in the development of customized products. In simple terms, 3D printing means additive manufacturing because it follows the process of combining material in consecutive patterns to build the desired shape. The technology acts as an alternative to subtractive manufacturing.

Geographic Information System (GIS) Market Gaining Public Investments

LogoAround the world, governments are increasingly investing in geographical information systems (GIS). Further, the growing adoption of GIS for enterprise applications, implementation of light detection and ranging (LIDAR) technology, and increasing availability of cloud technology and spatial data are aiding the domain growth. In a study, P&S Intelligence calculated the 2017 value of the market to be around $9.83 billion and its CAGR during the forecast period (2018–2023) to be 10.2%. The study also predicted that by 2023, the geographical information system (GIS) market will generate a revenue of $17.5 billion.

Increasing Research and Development Activities the Key to Oligonucleotide Synthesis Market Growth

LogoGlobal oligonucleotide synthesis market is expected to reach $2.8 billion by 2023 by P&S Intelligence.

Good Chemical Properties Driving the High Temperature Elastomers Market

LogoBetter properties of high-temperature elastomers compared to other types, coupled with their growing use in automotive and other industries, are driving the growth of the high temperature elastomers market. Globally, the domain accounted for a revenue of $9,991.7 million in 2017 and is predicted to grow to $14,951.4 million by 2023, advancing at a CAGR of 7.0% during the analysis period (2018–2023). Elastomers are made up of long chains of atoms, possessing elastic properties. These have important uses in the rubber, automotive, and chemical industries.

Advancement in Technology Augmenting the MRI System Market Growth

LogoThe increasing prevalence of chronic diseases and surging geriatric population are boosting the growth of the market. Furthermore, technological advancements in MRI systems, rising awareness about the early diagnosis of diseases, and increasing government support for the imaging method are also augmenting the domain progress.

Asia-Pacific (APAC) Anti-Drone Market (2017-2025)

LogoAccording to P&S Intelligence, the Asia-Pacific (APAC) anti-drone market is expected to generate a revenue of $2,105 million by 2025. The security issues caused by unsanctioned drones as well as a rise in illegal and terrorist activities are projected to be the key growth factors. A citable example of the menace caused by unregularized drones would be that of Tokyo, where a man, who was against the nuclear policy of Japan, purposely crashed a drone, filled with radioactive sand from the ill-fated Fukushima nuclear power plant, on the Prime Minister's office in 2015.

Rising Need for Advanced Healthcare Systems Augmenting the Electronic Health Record Market Growth

LogoThe global EHR market was valued at $22.3 billion in 2017 and is estimated to progress at a CAGR of 5.4% during the forecast period 2018–2023. Rising need for an advanced healthcare information system, increasing investments by healthcare IT players, growing demand for better healthcare facilities, and surging government initiatives are the key factors driving the growth of the market.

Quadruple Growth Forecasted for IoT Healthcare Market

LogoGlobal internet of things healthcare market size is expected to reach $267.6 billion by 2023 by P&S Intelligence.

How Geriatric Population Is Driving the European Durable Medical Equipment Market

LogoDME is designed to provide patients with certain medical conditions or illnesses with therapeutic benefits. These are reusable or non-disposable items that are mainly used to serve a medical purpose, hence unsuitable for the fit and healthy. The European durable medical equipment market is segmented by type, end-user, and geography. On the basis of type, the market is further divided into medical furniture, monitoring and therapeutic equipment, bathroom safety equipment, and personal mobility equipment.