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Heart Valve Devices Market “Estimated to Reach US$16.2 Billion by 2025” Detailed in new Research Report

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As per Transparency Market Research, the global Heart Valve Devices Market will likely register a CAGR of 12.4% during the period from 2017 to 2025. Rising at this pace, the market which was worth US$5.8 bn in 2016 will likely become worth US$16.2 bn in 2025.

Majorly fuelling growth in the global market for heart valve devices market is the increasing instances of obesity and unhealthy lifestyle causing various cardiac diseases and pathological disorders. In addition, the increasing demand for minimally invasive procedures and continued product modifications by leveraging the latest technologies developments have brought about more effective heart valve devices. This has also had a positive impact on the market.

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This era of technological advancements has immensely changed the ways of living and has increased various health concerns. Heart valve disease is one health related concern that have increased largely in past few years. As per the study conducted by American Heart Association (AHA) reveals that more than a million people in America have established moderate or severe heart valve disease. The increasing prevalence of heart valve disease is seen due to persistence level of stress, sedentary lifestyle, irregular sleeping habits, and increasing number of geriatric population. In case a person diagnosed with heart valve disease can experience failure of a single or multiple valves. The most common valve to get affected are mitral and aortic valves. Technologically advanced devices used in replacement of transcatheter valve or transcatheter aortic valve are significantly increasing in the market. Furthermore, growing heart related disease and technological innovations to solve this have grown the market for heart valve devices globally.

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Recently, Abbott Laboratories has its clearance to work on next version of MitraClip heart valve repair device, a next generation device from the U.S. Food and Drug Administration (FDA). It is used to repair leaky mitral valve without an open-heart surgery. Technological innovation has improved the transcatheter clip based therapy and have treated thousands of people across the world in last ten years. The MitraClip system is efficient in providing navigation and positioning abilities with advanced steering that will help in treating difficult anatomies for cardiologist. The use of these advanced devices to be placed during placement and making the procedure more accurate. These innovations in heart valve diseases device will grow the market and benefit the patients in longer run.

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Some of the prominent trends in the heart valve disease market are:

Nowadays, availability heart valve devices has grown vastly which includes transcatheter heart valves, mechanical heart valves, and biological heart valves. Among these transcatheter heart valves and mechanical heart valves are experiencing growing demand in various economies.

Transcatheter heart valve devices are having higher demand in the market due to superior technology in developed nations. The demand for transcatheter heart valve devices is also growing because of lower mortality rate achieved by them and more than average selling price of the device.

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The soaring requirement for minimally invasive procedures, which leads to shorter stays at the hospital and accelerate the healing duration are also increasing the demand for heart valve devices. The hearty valve devices are compact and require minimally invasive surgeries that are high in demand nowadays will further increase the market.

North America is leading the market for global heart valve devices owing to advanced technology at average selling price. High geriatric population suspetable of varfious heart disease, government supportive healthcare facilities, and availability of various heart supportive devices have made these regions lead the market. Additionally, increasing awareness among the developing economies is also increasing the demand for heart valve devices market.

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Fitness & Exercise

SCADA Systems Market: Evolving Technology, Trends and Industry Analysis 2025

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Global SCADA Systems Market 2019-2025 Overview

The global SCADA market is projected to witness noteworthy growth, rising with a CAGR of 6.2% over the forecast period. The global SCADA systems market to reach USD 47.04 billion by 2025. The growing need for industrial automation process which requires to monitor, gather and process real-time data, as well as an increasing share of renewable energy with a focus on deploying smart grid projects, are the driving factors for global SCADA systems market. However, high investment cost for setting up of SCADA systems may restrain the market growth during the forecast period.

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The market research report on the SCADA market assesses the market demand and scenario for the period ranging from 2015 to 2025. The report highlights the historic trends from 2015 to 2017 and market forecast from 2019 to 2022. The report studies the current status and future prospects of the market at the global and regional level. The global SCADA market is segmented on the basis of component, application, architecture, and geography.

Global SCADA Systems Market Size, 2015-2025 (USD Billion)

The report also covers detailed competition analysis, which includes company profiles of major players operating in the global SCADA market. Further, the study covers several qualitative aspects of the SCADA industry and also throw light on regional growth opportunities.

Based on application, the market is segmented into industries such as oil & gas, water, and wastewater, electrical power, various manufacturing industries, transportation, telecommunication, food & beverages, chemicals & pharmaceuticals, amongst others. The telecommunication industry is projected to account for key SCADA systems market share in the anticipatable years. Though, water and wastewater application will also display favorable growth in the forecast period as SCADA systems are continuously used to monitor and control the water flow, reservoir levels, pipe pressure in water treatment plants.

Read more details of Global SCADA Systems market report athttps://www.adroitmarketresearch.com/industry-reports/scada-systems-market

Based on region, Latin America and the Middle East will expand at an important growth rate in the global SCADA systems market, due to augmented incorporation of SCADA systems by numerous industrial sectors to minimize errors and obtain real-time data as well as, growing interests of various industries in services provided by SCADA systems

The global players in SCADA systems market include ABB, Emerson Electric, Siemens, Honeywell International, Omron Corporation, Schneider Electric, and others. Region wise the SCADA systems market is present across North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America, due to the presence of mature market will show a steady growth while South America, due to increasing foreign investment and growing manufacturing industry in Brazil will show lucrative growth during the forecast period. However, Asian countries will also contribute substantially towards SCADA systems market share in the upcoming years as they have a huge potential for the installation of transmission SCADA platforms.

The growing demand for SCADA systems market is attributed to its ability to monitor, control and automate various parameters at different sites using a single connected computer; for this, the SCADA systems interact with sensors, pumps, motors, valves, and more through human-machine interface (HMI) software. The system also records events into a log file. Further, SCADA systems market trends include a rise in big data analytics, growth of open source SCADA, growing demand for cloud-based SCADA systems and adoption of mobile SCADA systems.

Segment overview of Global SCADA Market

Component Overview, 2015-2025 (USD Billion)

  • Human Machine Interface
  • Programmable Logic Controller
  • Remote Terminal Unit
  • SCADA Communication Systems
  • Others

Application Overview, 2015-2025 (USD Billion)

  • Electrical Power
  • Oil & Gas
  • Water & Wastewater
  • Manufacturing
  • Transportation
  • Telecommunication
  • Chemicals
  • Food & Beverages
  • Pharmaceuticals
  • Others

Architecture Overview, 2015-2025 (USD Billion

  • Hardware
  • Software
  • Services

Regional Overview, 2015-2025 (USD Billion)

  • North America
  • S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • K
  • Russia
  • Italy
  • Asia Pacific
  • India
  • Japan
  • China
  • South Korea
  • Southeast Asia
  • Rest of the Word

What does the report include?

  • The study on the global SCADA systems market includes qualitative factors such as drivers, restraints, and opportunities
  • Additionally, the market has been evaluated using the value chain, Porter’s Five Forces’ analysis, PESTEL analysis, and price trend analysis
  • The study covers qualitative and quantitative analysis of the market segmented on the basis of components, application, architecture, region (and country).
  • Actual market sizes and forecasts have been provided for all the above-mentioned segments
  • The study includes the profiles of key players in the market with a significant global and/or regional presence

Some Major Points from TOC:

Chapter 1.    Executive Summary

Chapter 2.    Research Methodology

2.1.    Research approach

2.2.    Scope, definition, and assumptions

2.3.    Data sources

Chapter 3.    Market Outlook

3.1.    Introduction

3.2.    Key trends

3.2.1.    Market drivers

3.2.2.    Market restraints

3.2.3.    Market opportunities

3.3.    Value chain analysis

3.4.    Porter’s five forces’ analysis

3.5.    PESTLE analysis

Chapter 4.    SCADA systems Market Overview, By Components

4.1.    Global SCADA systems market share, by component, 2017 & 2025

4.2.    Human Machine Interface (HMI)

4.3.    Programmable Logic Controller (PLC)

4.4.    Remote Terminal Unit (RTU)

4.5.    SCADA Communication Systems

4.6.    Others

Chapter 5.    SCADA systems Market Overview, By Application

Chapter 6.    SCADA systems Market Overview, By Architecture

Chapter 7.    SCADA systems Market Overview, By Region

Chapter 8.    Company Profiles

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Diseases & Disorders

Food Waste Management by Analysis, Market Dynamics, Regions, Consumption, Production, Suppliers and Forecast 2025

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In the past two decades, steady increase in world population has been the driving force behind increased food production worldwide. The global food waste management market is poised to reach USD 50.69 Bn by 2025. Food is known to be the most consumed good globally, thus contributing to large and consistently increasing waste. This has thereby expanded the scope of food waste in the overall commercial waste management market. Significant amounts of food in the supply chain is wasted in primary production, during distribution and sale of food products along with the preparation and serving of food in commercial and domestic environments. For instance, surge in dump and uneven food production and consumption in restaurants, hotels, weddings and parties has led to the emergence of the innovative organic waste management.

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This report on global food waste management market covers a widespread analysis of the penetration of the processes and its application. The global food waste management market has been analyzed based on thorough analysis of value chain of the waste management industry and macroeconomic trends of leading economies, supporting growth in different geographies. Our report provides a thorough analysis of the current and projected market estimations for the period of 2015 to 2025 of the commercial waste management market, with 2018 being the base year and 2019 to 2025 being the forecasted estimates. Additionally, market estimates for solid and organic waste management have been provided at the regional, country and global level. Furthermore, the report covers the market competition among the leading global and local regional service providing companies along with company profiles.

In 2018, animal feed application accounted for a significant market revenue growing with a CAGR of 5.5% from 2019 to 2025. Animal feed accounted for the largest application segment of the waste management industry in 2018, and this is the economic and ecological method of food waste management. Certain countries such as Japan and China sell this as a premium product “eco-feed”, which is beneficial for livestock consumption. However, the use of food waste as animal feed is regulated under the Federal law in U.S. along with overall ban of food waste as feed in European Union.

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U.S. food waste management market was valued at USD 9.57 Bn in 2018, growing with a CAGR of 6.1% from 2019 to 2025. In North America, food waste is measured as the third largest waste after the yard and paper waste. In a recent survey, it was stated that nearly 13% of the total municipal solid waste (MSW) produced in U.S. is of food scraps. According to the United States Environment Protection Agency (USEPA), more than 35 million tons of food waste are thrown into landfills and incinerators per year, which is approximately 40% of the total food consumed in the country. Thus, in an effort to control food wastage at the primary source, U.S. and Canadian governments are now enforcing strict laws on the excessive amounts of food waste. Also, Federal government in the U.S. has recently initiated the construction of the compost facilities across the country to also tackle the disposal issues arising from food waste.

Food waste management is an opportunistic market as product innovation is the basic requirement for continued growth of food waste services industry. Top player positioning showcases the position of food waste management service providers in the global market. Veolia Environment S.A., Suez S.A., Republic services S.E., Waste management Inc. are the leading industry giants and constitute a majority of market share in the overall market.

Key segments of the global Food Waste Management Market

Process Overview, 2015-2025 (USD Million)

  • Collection
  • Disposal
  • Transfer
  • Others

Application Overview, 2015-2025 (USD Million)

  • Animal Feed
  • Fertilizers
  • Others

Regional Overview, 2015-2025 (USD Million)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • India
    • Japan
    • China
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • Rest of MEA

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Diseases & Disorders

In Vitro Diagnostics Growth by Manufacturers, Regions, Type and Application; Production, Revenue, Price and Gross Margin Analysis to 2025

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The market research report on in vitro diagnostics (IVD) industry assesses the market demand, use cases & trending scenario for the period ranging from 2013 to 2028. The report highlights the historic developments from 2013 to 2018 & market forecast from 2019 to 2028. Furthermore, the report comprises the current status & future prospects of the market at global as well as regional and country levels. The global IVD market is segmented on the basis of type, application and geography.

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This report also examines various aspects of the in vitro diagnostics industry by assessing the market using value chain analysis. It includes a qualitative narrative on market drivers, market restraints and key industry trends of the IVD industry. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local manufacturers.

By type, the in vitro diagnostics market is segmented as immunodiagnostics, chemistry diagnostics, molecular diagnostics, POCT among others. The market is dominated by immunodiagnostics, whereas molecular diagnostics has emerged as one of the leading and fastest-growing sectors of the IVD industry. Four significant and innovative trends are currently driving the global IVD market: POCT, automation, digitalization, and personalized medicine. In the diagnostics industry, placing diagnostics as close as possible to the patient and healthcare practitioners is a ground-breaking trend. POCT technologies deliver faster results as delays caused by transportation are mitigated. Similarly, there is no need for the preparation of clinical samples, as biochemical test results are available at the point of care. This could help speed up clinical decision making, with improved medical outcomes at lower costs.

On the basis of application analysis of in vitro diagnostics industry, laboratories segment contributed USD 32,156.1 million by revenue and is expected to grow with the highest CAGR of 7.3% over the forecast period through 2028. Most IVD experiments still take place in a laboratory. Many specialties currently have fully automated and advanced equipment, which produce results within minutes of loading the sample. Even the more ‘hands-on’ specialties like microbiology are gradually becoming more streamlined as machinery is created to decrease result time and allow researchers and pathologists to concentrate on results analysis and individual patient care.

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On the basis of regional demarcation of the IVD industry, North America leads the global market both in terms of supply and consumption of IVD solutions. The demand for consumables is significantly high in the market along with that of sophisticated and advanced analyzer technologies. Replacement of obsolete hardware is also prominently witnessed in North America and Europe. Additionally, high levels of outsourcing activities are responsible for the robust transition of the Asia Pacific IVD market. Some of the major factors attributed for the rapid growth of Asia Pacific, Latin America and MEA IVD markets are rapidly evolving healthcare infrastructure, growing disposable incomes, increasing awareness and adoption of POC technologies and so on.

Major players operating in the in vitro diagnostics market are F. Hoffmann-La Roche Ltd., Abbott, Danaher, Siemens Healthcare Private Limited, Thermo Fisher Scientific Inc., Sysmex Corporation, bioMérieux SA, Ortho Clinical Diagnostics, Hologic, Inc., Bio-Rad Laboratories, Inc., BD, and QIAGEN among other prominent players. Several companies competing in the IVD industry have been bulked up, whittled down or left the scene completely over the past few years. Names such as Phadia and Gen-Probe, who had been among the top 20 IVD firms less than a century ago, have now vanished after entering the folds of Thermo Fisher. Cepheid and Beckman Coulter are some other top names that have been acquired and helped push Danaher to strengthen its footprints in the IVD industry.

While players have come and gone in the in vitro diagnostic landscape, Roche Diagnostics has retained its prominence on the global front. But the Swiss giant is facing a fresh reality, like all its other larger competitors, with growing pressure to demonstrate medical value, and a more stringent regulatory climate. Roche Diagnostics has stood firmly in the midst of this changing scene as the number one IVD player in the world driven by development in its biggest company segment, Centralized and Point of Care Solutions (formerly called Professional Diagnostics). The market for professional diagnostics (PD) is that it continues to develop healthily; for more than 10 years it has experienced a 5% rise a year and similar trend is anticipated over the forecast period. The key sub segments of Roche as serum work area [SWA], specialty testing, point of care- all are contributing to the growth of Roche’s IVD market.

In terms of challenges, Adroit Market Research forecasts that IVD companies in Europe will be positioned with additional challenges, with more cutbacks in healthcare budgets. Pricing pressures in the US will also remain in the midst of uncertainty about health care reforms that the Trump administration is seeking to enforce.

Key segments of the global In Vitro Diagnostic (IVD) market

Type Overview, 2015-2025 (USD Million)

  • Immunodiagnostics
  • Chemistry Diagnostics
  • Molecular Diagnostics
  • Point-of-care testing (POCT)
  • Others

Application Overview, 2015-2025 (USD Million)

  • Hospitals
  • Laboratories
  • Research and Academics

Regional Overview, 2015-2025 (USD Million)

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Some Major Points From TOC:

Chapter 1.  Executive Summary

Chapter 2.  Research Methodology

Chapter 3.  Market Outlook

Chapter 4.  In Vitro Diagnostic (IVD) Market Overview, By Type

Chapter 5.  In Vitro Diagnostic (IVD) Market Overview, By Application

Chapter 6.  In Vitro Diagnostic (IVD) Market Overview, By Region

Chapter 7.  Company Profiles

Enquire more details of the In-Vitro Diagnostics Market report at: https://www.adroitmarketresearch.com/researchreport/purchase/88

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