Showing posts with label Diagnostic Imaging Devices Market. Show all posts
Showing posts with label Diagnostic Imaging Devices Market. Show all posts

Saturday 4 July 2015

Global Diagnostic Imaging Devices Market to expand moderately at 5.2% CAGR from 2014 to 2020 - Industry Research Report


Global diagnostic imaging devices market. The report states that the global market is expected to expand moderately at a CAGR of 5.2% between 2014 and 2020 and reach a value of US$35,793.4 million by 2020. The market for diagnostic imaging devices amounted to US$26,477.1 million in 2014.

Global Market Study on Diagnostic Imaging Devices: Asia-Pacific to Witness Highest Growth by 2020

According to this report, titled “Global Market Study on Diagnostic Imaging Devices: Asia-Pacific to Witness Highest Growth by 2020” and published by MRRSE, the increasing geriatric population base around the world coupled with the rising incidence of chronic diseases and injuries is the main factor behind the development of the global diagnostic imaging devices market.

Further, the rising awareness regarding the advantages of early detection of diseases, availability of technically advanced diagnostic imaging devices and increased support from government organizations is stimulating the growth of this market. However, the diagnostic imaging devices market is facing a tough challenge from the heightened risk of cancer caused by radiation produced by the diagnostic imaging devices. The lack of helium for magnetic resonance imaging (MRI) systems and strict regulatory standards are also major concerns for the global diagnostic imaging devices industry, according to the report.

Based on the types of diagnostic imaging devices, the global market is classified into X-ray, ultrasound, magnetic resonance imaging (MRI), computed tomography scanner, nuclear imaging system, and others, wherein the X-ray industry is dominating the global diagnostic imaging devices market. The global market for ultrasound diagnostic imaging devices stood at US$6,146.7 million in 2014. By 2020, this market is expected to reach US$8,363.4 million, developing at a 5.3% CAGR during the forecast period.

Geographically, the global market for diagnostic imaging is distributed among the markets in North America, Europe, Asia Pacific, and the Rest of the World. North America leads the global market for diagnostic imaging devices at present; however, the diagnostic imaging devices market in Asia Pacific is expected to register the highest growth during the forecast period owing to the rise in the geriatric population base and advancement of healthcare systems.

Some of the major participants of the global diagnostic imaging devices market discussed in this research report are General Electric Company, Shimadzu Corporation, Siemens Healthcare, Hologic, Inc., Carestream Health, Inc., Hitachi, Ltd., FUJIFILM Holdings Corp., Samsung Electronics Co., Ltd., Toshiba Corporation, Koninklijke Philips N.V., and Samsung Electronics Co., Ltd.


Upcoming Reports:


(1) - Casein & Caseinates Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Casein is the primary milk protein containing 21 amino acids. Caseinates are salts of casein formed by adding inorganic minerals to the formulation. These are used in a wide range of food and non-food industries as emulsifiers, rheology agents, foaming agents and viscosity enhancers.

The shift towards protein rich diets from carbohydrate rich diets, especially in developed nations of Europe and North America is expected to drive the casein market. New non-food applications of casein and caseinates are expected to act as opportunities for future market growth. However, availability of cheaper substitutes is expected to inhibit market growth in the near future.


(2) - Commodity Plastics Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Commodity plastics are a class of plastic materials that are used in large volumes in a variety of applications including packaging, films, tapes, clothing, containers and a wide range of household products. These types of plastics are utilized in applications where mechanical properties and product service environments are less critical. This class of plastics is usually available at low costs and are not used for high performance specialized applications. The end use products include plates, cups, trays, containers, printed materials, signs and displays among other disposable products. Commodity plastics include a wide array of polymer chemistries such as polyethylene, polystyrene, polymethyl methacrylate, polyvinyl chloride, polypropylene, polyethylene terephthalate and many others.

Commodity plastics are primarily used in low cost, low mechanical stress, flexible product solutions. They are extensively used by consumer goods manufacturers and packaging industry for a wide range of applications. It is widely used for manufacturing films and extruded sheets for use in packaging, food and beverages, pharmaceuticals, electronics, automotives and agriculture industries among several others. Commodity plastics are used due to their physical and chemical properties. Commodity plastics are lighter, structurally stable, and resistant to abrasion, chemicals and weather. These materials are easily recyclable and versatile in forming nature. Commodity plastics can be easily molded into a variety of shapes and have higher tensile strength and flexibility when compared to other materials available for similar purposes. These plastics have successfully replaced metals and ceramics for various household goods, especially low cost, disposable utensils.


(3) - Mercaptoacetic Acid Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Mercaptoacetic acid, also known as thioglycolic acid (TGA) is a clear, combustible liquid which oxidizes in air to form disulfides and an unpleasant odor. Mercaptoacetic acid consists of thiol or mercaptan and carboxylic acid. It was first identified by David R. Goddard in the early 1930’s as a reagent for reducing the disulfide bonds in proteins such as keratin, a major component in hair, nails, etc.

The rise in sales of cosmetic products supported by rising disposable income of people, especially in BRICS nations is expected to drive the demand growth for mercaptoacetic acid market. Additionally, mercaptoacetic acid’s utility in making ‘perms’ and wigs is expected to fuel the market demand aided by an ageing and balding population. However, high toxicity and strict regulations controlling the use of chemicals in cosmetic products is expected to hinder the market growth.


(4) - Neopentyl Glycol Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020

Neopentyl Glycol (NPG) is a clear colorless organic compound with a mild minty odor. It is miscible with organic solvents and insoluble in water. It is manufactured synthetically in the industry through a two step process. First step involves an aldol reaction of formaldehyde with isobutyraldehyde which yields an intermediate chemical called hydroxypivaldehyde. The intermediate chemical hydroxypivaldehyde is then subjected to catalytic dehydrogenation to convert an aldehyde group to alcohol group to obtain neopentyl glycol (NPG). Neopentyl glycol (NPG) can be irritating and harmful if inhaled or comes in contact with skin or eyes. Neopentyl glycol (NPG) ingestion is known to cause severe burning in mouth and the digestive tract accompanied with pain. It is a possible carcinogen with a flash point around 200 degrees Celcius and may form explosive peroxides. Commercially, Neopentyl Glycol (NPG) is shipped in the form of flakes, slurry or molten state.

Neopentyl Glycol (NPG) is primarily used as an ingredient for the synthesis of polyesters, lubricants, plasticizers and paints. It is utilized by automotive industry, original equipment manufacturers (OEM), synthetic resins manufacturers and other plastic and polymer manufacturers. Neopentyl glycol (NPG) is employed to enhance the stability of the polyester resin and increase its resistance against light, water, heat and chemicals to provide a longer a product life. Other applications for Neopentyl Glycol include furniture, footwear, insulation coatings, adhesives and pharmaceuticals among others.