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Food Diagnostic Equipment and Consumables Market Forecast Till 2024 Available in New Reports

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Chicago, United States, Nov 5, 2019 — The Global Food Diagnostic Equipment and Consumables Market Scope of the Food Diagnostic Equipment and Consumables Market Research report extends from Market scenarios to comparative pricing between major key players, cost and profit, services of the specified Market regions. The report highlights the factors that influence Market growth and product development along with technological upgradations that can boost the Food Diagnostic Equipment and Consumables Market. This industry report cites the various opportunities to favor the growth of the Market during the forecast period 2019-2024.

The Report Aims to Provide an overview of Global Food Diagnostic Equipment and Consumables Market with detailed Market segmentation by applications, rack size, verticals and geography. The global micro data center Market is expected to witness high growth during the forecast period due to increase in demand by SMEs across the world with increasing importance of IoT and Big Data. Less initial capital investments and the flexibility offered with micro modules to scale up the data center requirements are the factors driving this Market.

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The global Food Diagnostic Equipment and Consumables market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.

Global Food Diagnostic Equipment and Consumables Market: Segmentation

The chapters on segmentation allow the readers to understand the consumer needs. It allows the business to grow with precision and accuracy. Analysts have highlighted the elements that are expected to influence the segments in the coming years. The publication segments the market on the basis of technology, services, and products. It details the revenue earned by each of these segments and their potential in the years to come.

Top Market Players

3m Company
AB SCIEX
Agilent technologies
Ametek
Beckman coulter
Biomerieux
Bio-rad laboratories
Bruker Corporation
Charm Sciences
DuPont nutrition and health
Elisa technologies
Foss A/S
IDEXX laboratories
Neogen corporation
PerkinElmer
Qiagen
Roka Bioscience
Shimadzu
Thermo fisher
Waters

Food Diagnostic Equipment and Consumables Segmentation by Product

Chromatographs
Spectrometers
PCR
Others

Food Diagnostic Equipment and Consumables Segmentation by Application

Test Kit
Reagents
Labware

The report also sheds light on the restraints present in the global Food Diagnostic Equipment and Consumables market. Analysts have discussed the details highlighting the factors that are expected to hamper the growth of the market in the coming years. Evolving lifestyles, taxation policies, and purchasing powers of various economies have scrutinized in great detail. The report presents fair points about how these restraints can be turned into opportunities if assessed properly.

The report presents a detailed analysis of the competitive landscape along with company profiling of key players competing in the global Food Diagnostic Equipment and Consumables market. The authors of the report make it a point to provide readers with a complete evaluation of the vendor landscape and inform them about current and future changes therein. The competitive analysis offered in the report includes market share, gross margin, product portfolio, consumption, market status, and technologies of leading players operating in the global Food Diagnostic Equipment and Consumables market.

Questions answered in the report

  • Which are the five top players of the global Food Diagnostic Equipment and Consumables market?
  • How will the global Food Diagnostic Equipment and Consumables market change in the next five years?
  • Which product and application will take a lion’s share of the global Food Diagnostic Equipment and Consumables market?
  • What are the drivers and restraints of the global Food Diagnostic Equipment and Consumables market?
  • Which regional market will show the highest growth?
  • What will be the CAGR and size of the global Food Diagnostic Equipment and Consumables market throughout the forecast period?

Global Food Diagnostic Equipment and Consumables Market: Regional Segmentation

For further clarification, analysts have also segmented the market on the basis of geography. This type of segmentation allows the readers to understand the volatile political scenario in varying geographies and their impact on the global Food Diagnostic Equipment and Consumables market. On the basis of geography, the global market for Food Diagnostic Equipment and Consumables has been segmented into: North America, South America, Europe, Asia-Pacific, The Middle East and Africa, India and Other.

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Global Food Diagnostic Equipment and Consumables Market: Research Methodology

For a precise and accurate understanding on the market, researchers have used primary and secondary research methodologies. To-the-point questions and segregation of the data has been thoroughly carried out to help the readers with unbiased information. Secondary information has been gathered from journals, interviews, white papers, and conferences amongst others. All of the collected information has been cross-checked and verified by analysts to give the readers an authentic research report.

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Report Hive Research delivers strategic market research reports, statistical surveys, industry analysis and forecast data on products and services, markets and companies. Our clientele ranges mix of global business leaders, government organizations, SME’s, individuals and Start-ups, top management consulting firms, universities, etc.  Our library of 700,000 + reports targets high growth emerging markets in the USA, Europe Middle East, Africa, Asia Pacific covering industries like  IT, Telecom, Semiconductor, Chemical, Healthcare, Pharmaceutical, Energy and Power, Manufacturing, Automotive and Transportation, Food and Beverages, etc. This large collection of insightful reports assists clients to stay ahead of time and competition. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales and revenue, technology trends, competitive analysis, product portfolio, and application analysis, etc.

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This post was originally published on Health News Office

Report Hive Research delivers strategic market research reports, statistical surveys, industry analysis & forecast data on products & services, markets and companies. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales & revenue, technology trends, competitive analysis, product portfolio & application analysis etc. Our library of 600,000 + reports targets high growth emerging markets in the USA, Europe Middle East, Africa, Asia Pacific covering industries like IT, Telecom, Semiconductor, Chemical, Healthcare, Pharmaceutical, Energy & Power, Manufacturing, Automotive & Transportation, Food & Beverages etc.

General Health

Surgical Navigation Systems Market is Expanding at a 4.50% CAGR between 2014 and 2020

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Transparency Market Research (TMR) has published a new report titled, “Surgical Navigation Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027″. According to the report, the global surgical navigation systems market was valued at US$ 783 Mn in 2018. It is projected to expand at a CAGR of 8.5% from 2019 to 2027. Increasing demand for minimally invasive surgeries coupled with the augmenting awareness among people pertaining to the advantages offered by surgical navigation systems is driving the market significantly. Innovation and technological advancements, such as electromagnetic technology, are anticipated to boost the global market during the forecast period.

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North America and Europe are expected to dominate the global surgical navigation systems market from 2019 to 2027. This is attributed to a rise in the demand for minimally invasive surgery/devices for neurosurgery & orthopedic surgery, favorable medical reimbursement policies, and rapid increase in the geriatric population. Asia Pacific is likely to account for a significant share of the global market share by 2027. This is due to a large patient base with orthopedic problems in highly populated countries, such as India and China, large geriatric population in Japan, and rise in adoption of technologically advanced products in JapanAustraliaNew Zealand, and South Korea. Rise in adoption of technologically advanced products by key manufacturers, such as Stryker, and Zimmer Biomet Holdings, Inc. is likely to propel the global surgical navigation systems market. The market in Asia Pacific is expected to expand at a notable CAGR of 8.5% from 2019 to 2027.

Increasing geriatric population and growing neurological, orthopedic, and ENT disorders are will expand the global surgical navigation system market. Surgical navigation system helps to reduce trauma during surgeries. Moreover, it also offers precision, pushing the global surgical navigation systems market to grow.  Surgical navigation system also provides minimally invasive procedure. Therefore, there has been increasing demand for minimally invasive procedures because they offer an array of benefits. Less invasive procedures helps in less number of sutures, minimal stay at hospital, minimal pain, less blood loss and faster recovery. Thus, it plays a catalyst for the global surgical navigation systems market to grow.

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Seeking Help of Imaging

Rise in number of diseases related to neurology, orthopedic and ENT are leading to increased number of surgeries per year.  Surgical navigation systems adopts the imaging modalities for such surgeries. Medical Imaging method guides the surgery and helps in less invasive surgeries. Surgeries with precision and less invasion will fuel the global surgical navigation market. There are likely to be new innovations in product lines in the global surgical navigation systems market which will boost the growth.

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Disease Based Surgeries Expands Market

There has been ongoing demand for surgeries in orthopedic sector of healthcare. Usually, patients suffering from osteoarthritis seek surgeries to live a quality life. Osteoarthritis affects knees and hips, weight bearing joints. This results in hampered life resulting in less movements and increased pain and inflammation. In such cases, surgeries are suggested. However, cost of the surgery and trauma that a patient has to go through is severe. Thus, with surgical navigation system such concerns can be addressed. Therefore, Knee and hip replacements will drive the global surgical navigation market in orthopedic segment.

Neurology also calls for precision because it involves disorder related to brain cancer and brain related diseases. Therefore, neurology sector will also increase the demand for surgical navigation system. This is will nudge the global surgical navigation systems market.

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Reduced Post Surgery Risks

Surgeries carries many risks associated with it. Surgeries can result in infection, increased blood loss which will delay the healing process. However, with emergence of surgical navigation system there’s an accurate imaging of anatomy. This reduces post-surgery risks resulting in faster healing. Patients return to normal life with in a short span. This induces the global surgery navigation systems market to witness a huge growth.

Focused R&D activities to develop innovative product technologies: Key trend among leading players

The report also provides profiles of leading players operating in the global surgical navigation systems market. Stryker, Medtronic plc, B. Braun Melsungen AG, GE Healthcare (General Electric Company), Zimmer Biomet Holdings, Inc. and Siemens Healthineers (Siemens AG) are major players operating in the market, offering products with proprietary technologies. Other prominent players in the global surgical navigation systems market include Brainlab AG, Fiagon AG, and Amplitude Surgical.

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General Health

Medical Specialty Bags Market to Expand at a CAGR of 5.5% between 2017 and 2025

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The medical specialty bags market was valued at US$6.3 bn in 2016. It is expected to reach US$9.8 bn by 2025 end, thanks to a healthy 5.5% CAGR. Among various products in the market, the ostomy bags dominated the total revenue share in 2016. The growing incidences of inflammatory bowel disease is expected to drive growth of the segment further. Among various regions in the medical specialty bags market, North America held the largest market share during 2017-2025. The region is expected to expand at 4.7% CAGR and drive robust revenue growth for the global medical specialty bags market. The growing favorable insurance terms and advanced healthcare infrastructure are expected to propel growth.

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Chronic Illnesses to Boost Growth in the Medical Specialty Bags Market

Various chronic illnesses like cancers, HIV, Alzheimer, and Crohn Disease are on the rise. For example, according to centers for disease control and prevention, between 2010 and 2020, the cancer cases in United States are expected to rise by 24% in men and 21% in women to nearly 2 million in total. Additionally, due to sugary fast foods, sedentary lifestyle, and lack of exercise, illnesses such as diabetes are also on the rise. Diabetes requires constant monitoring for sugar levels in blood. Due to rising geriatric population, many people in the Unites States, suffering from diabetes experience extremely limited mobility. Moreover, diseases like cancer and HIV require prolonged periods of physician visits. Hence, the rise in chronic illnesses, robust product innovations, and favorable reimbursement policies are expected to drive significant growth for the medical specialty bags market.

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Lack of Awareness in Emerging Markets to Curtail Growth

The medical specialty bags market is expected to expand in emerging regions such as Asia Pacific. However, currently, due to lack of standardization in regulations and medical processes in medical industry, the use of medical specialty bags are not prevalent. Additionally, many players in the medical specialty bags market have a large presence in developed regions. The expansion in promotions in the near future is also expected to create significant opportunities in the medical specialty bags market in the near future.

Public and private entities in the region are also pouring large investments in the development of medical infrastructure. This has resulted in emergence of large hospital chains, a private insurance sector, and growing publicly supported infrastructure for the healthcare industry.  Due to rising disposable income, and growth in conventional markets such as Japan, the Asia Pacific region is expected to expand at 6.0% CAGR during 2017-2025 in the medical specialty bags market.

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Major innovation challenges in the medical specialty bags market involve inventing next-gen materials. Currently, medical specialty bags provide various pockets and application tools to meet medical demands during emergencies. However, next-generation materials like Zylar promise more. Zylar is inherently hydrophobic and offers a non-corrosive and pre-drying material for less wear. Additionally, such bags would come in handy in emerging markets, where limited medical facilities are expected to drive growth in the near future.

The medical specialty bags market depicts a highly competitive and fragmented landscape. The market is witnessing a robust competition, thanks to a large number of small players and cost-effective products, reports Transparency Market Research (TMR). Large players in the market continue to raise the benchmark with product innovation through innovative materials. Some key players in the medical specialty bags market are Coloplast A/S, Macopharma Terumo Corporation, Hollister Incorporated, Baxter International Inc., ConvaTec Inc., Smiths Medical, Nolato AB, and Medlone Industries Inc.

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Wearable Medical Devices Market is Expected to Rise up to US$10 bn by the End of 2023

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The wearable medical devices market US$6.8 bn in 2017. The market is predicted to grow at 17.0% CAGR during 2018-2026. Among many different devices, the diagnostic and monitoring devices segment is expected to lead growth. The segment is expected to grow significantly due to growing incidences of chronic illnesses, growing awareness about health, and lowering prices.

Asia Pacific region is expected to register the fastest CAGR growth during 2018-2026. The regional wearable medical devices market is predicted to grow at 18.8% CAGR. High penetration of digital technology, large number of low priced- devices, and large market size are expected to drive robust growth in the region.

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Diabetes to Propel the Wearable Medical Devices Market

According to Center for Disease Control and Prevention Center (CDC), nearly 85 million Americans have prediabetes. This equals to one in every three adults. Additionally, 9 out 10 people are not aware of their conditions. Moreover, prevalent conditions such as sugary diets, lack of exercise, and polluted environment are likely to exacerbate the current scenario. Hence, 2018-2026 period presents a major opportunity for the wearable medical devices market. CDC is launching initiatives such as lifestyle change program, which are expected to increase awareness, leading to diagnosis, and more investment in prevention and treatment.

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Adoption of Technologically Advanced Devices Further Drives Growth in Wearable Medical Devices Market

Apple launched a FDA approved wearable medical device in the market in 2018. The device can detect falls and perform electrocardiograms. The watch created a benchmark in the market by constituting for over half the total sales in the market, despite its associated high cost. Growing investment and encouragement by government policies for cheaper and engaging medical devices, are expected to help further this growth. In 2018, the US government made value driven services like digital applications a key component for availing reimbursement compensation. Growing enthusiasm among consumers, lowering prices, and growing focus on innovation worldwide are expected to drive major growth for the wearable medical devices market.

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Rising Awareness a Boon for the Wearable Medical Devices Market

Growing pollution, sedentary lifestyle, and rising chronic illnesses are leading to increased awareness about the wearable medical devices market. Many players in the market are focusing on advertising their technology to remain fit as a signature benefit. Growing issues in urban areas such as high-blood pressure, increasing congestion, and busy lifestyle are making such benefits extremely appealing to consumers. Additionally, chronic illnesses such as cancers are on the rise. On the other hand, hospitalization and diagnostic services are extremely expensive and can’t be used on a regular basis. Hence, monitoring tools along with fitness devices are also expected to gain more traction in the wearable medical devices market in the near future.

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The wearable medical devices market depicts a competitive and fragmented landscape. The fragmentation of the market is expected to increase as large number of small players enter the market, reports Transparency Market Research (TMR). Some key players in the wearable medical devices market Samsung Electronics Co. Ltd., Xiaomi Technology Co., Ltd, Garmin Corporation, Apple Inc., Fitbit, Inc., Polar Electro, and Huawei Technologies Co., Ltd.

The next frontier of innovation in the wearable devices market is the expansion of applications to carve wearable technology’s independent identity. Innovation in the medical device market is posing a major challenge as downward cost-pricing is putting additional pressure on manufacturers. Additionally, growing demand for more capable devices from consumers and constant entry of new players are expected to keep the wearable medical devices market extremely competitive. Currently, blood pressure monitoring, and standard fitness are major features of wearable technology.

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