Capnography Device Market Worth $1.58 Billion By 2026

The global capnography device market size is expected to reach USD 1.58 billion by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 17.8% during the forecast period. Introduction of regulatory guidelines for procedural sedation and growing adoption of capnography in patient monitoring due to higher reliability and efficiency are anticipated to propel the growth. In addition, advantages associated with these devices, such as ease of usage, minimally invasiveness, and medical efficiency, are the key growth drivers. Moreover, rising incidence of respiratory diseases necessitating continuous patient monitoring is expected to fuel the demand for capnography in the forthcoming years.

Furthermore, increasing focus of market leaders in R&D for the development of new generation capnography tools is expected to create lucrative growth opportunities for the capnography device market. For instance, Oridion’s Micro stream technology which minimizes dispersion of gases in the sampling tube created a revolution in capnography market.

The market is highly competitive in nature and a limited number of players have a high level of dominance in terms of revenue share. The most notable market participants are Medtronic; Smiths Medical; Masimo Corporation; and Nonin Medical Inc. and account for a considerable market share owing to their product offerings.

Top players are involved in the establishment of extensive distribution systems as well as mergers &acquisitions to capture a larger market share. For instance, in March 2015, Nonin Medical, in collaboration with Welch Allyn, developed Wireless Vital Solutions, a patient monitor that helps improve the management of electronic health records and accuracy of the captured vital signs by capnographs and pulse oximeters.

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https://www.grandviewresearch.com/industry-analysis/capnography-device-market

Further key findings from the study suggest:

  • Hand-held capnography led the product segment in 2018, owing to benefits associated with the product such as portability, light weighted, ease of use, and treatment efficiency
  • Microstream capnography is expected to expand at the fastest CAGR, attributed to the fact that this technology is more effective and easier to incorporate as compared to side stream and main stream capnography
  • Capnography device find the largest application in sedation and emergency medicine, owing to its usage for optimization of pre hospital ventilation, correction of pediatric emergencies, and as a prognostic indicator to maintain pulmonary blood flow
  • Asia Pacific is anticipated to register rapid growth in the forthcoming years, owing to the presence of high unmet needs coupled with increasing patient awareness and improving healthcare infrastructure
  • Hospitals led the end use segment of capnography device market owing to shifting of preference of hospitals from conventional patient monitoring devices to capnography
  • Key players operating in this market include Smiths Medical, Dragerwerk AG & Co. KGaA, Welch Allyn, Masimo, Koninklijke Philips N.V., Medtronic
  • Stringent norms for product approval and post-approval performance monitoring, regulated by authorities such as the U.S. FDA and American Academy of implant may act as a threat for new participants

Anesthesia Monitoring Devices Market Worth $1.9 Billion By 2024

The anesthesia monitoring devices market is expected to reach USD 1.9 billion by 2024, according to a new report by Grand View Research, Inc. The growing geriatric population base and the spiraling number of surgeries are anticipated to boost the market growth. Geriatric patients are the target population for this industry as they are highly prone to various chronic disorders and are at a higher risk of developing complications.

The rising awareness amongst the physicians about the various factors that affect patient outcomes, such as the choice of anesthetic drug, the appropriate route of administration, and the right dose of the anesthetic agent, as well as the monitoring of the depth of anesthesia is likely to accelerate the growth of the market during the forecast period.

Technological advancements in terms of accuracy, portability, and affordability have resulted in the increased usage of these monitoring devices. For instance, the introduction of the new generation, microprocessor-based intelligent anesthesia systems with integrated monitors enables monitoring of various parameters along with the precisely-controlled administration of the anesthetic agent.

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http://www.grandviewresearch.com/industry-analysis/anesthesia-monitoring-devices-market

Further key findings from the study suggest:

  • Amongst the product type segments, the advanced anesthesia monitors segment held a lucrative share of over 60.0% in 2015 owing to its durability, reliability, and accuracy. Moreover, these devices monitor various significant parameters such as oxygen saturation level, carbon dioxide level, heart rate, and blood pressure.
  • The hospitals in the end-use segment exhibited remunerative growth in 2015; this can be attributed to the presence of advanced diagnostic and therapeutic medical technologies that enables both, faster and accurate diagnosis. Moreover, the availability of these advanced systems coupled with the presence of skilled personnel contributes towards profitable growth of this segment.
  • North America dominated the overall market with a revenue share of over 35.0% in 2015 owing to the presence of well-developed health care settings and the presence of a favorable reimbursement network, government funding, and increasing health awareness levels amongst the people.
  • However, Asia Pacific is anticipated to be the fastest growing region with a CAGR of about 11.0% over the forecast period. The economic developments and the advancing healthcare system with the aid of supportive government initiatives are collectively anticipated to further assist the growth in this region.
  • Some key players operating in the anesthesia monitoring devices market include Masimo Corporation, Infinium Medical, Inc., Medtronic plc, GE Healthcare, Nihon Kohden Corporation, Philips Healthcare, Mindray Medical International Ltd., Drägerwerk AG & Co. KGaA, and Schiller AG. New product development, mergers, and collaborations are some key initiatives taken to sustain themselves in the competition.
  • For instance, Masimo Corporation incorporated Oxygen Reverse Index (ORI) which measures the oxygen levels and provides real-time information with regard to the patient’s oxygen reserve in synchronization with the partial pressure of oxygen to prevent hyperoxia conditions (oxygen levels above normal) in patients that are receiving auxiliary oxygen supply whilst undergoing surgery.

Perimeter Security Market Worth $29.6 Billion By 2025

The global perimeter security market size is expected to reach USD 29.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.7% over the forecast period. Increasing insecurities among civilians and rising illegal activities, such as planned crimes, thefts, smuggling, and human trafficking, have resulted in a rise in the adoption of perimeter security systems.

Technological proliferations have led to the growth of smart cities and infrastructure. As a result, implementation of security systems at commercial complexes, entertainment hubs, and public sites is on the rise. Integration of these safety systems with internet and the latest mobile devices has made surveillance easier.

Perimeter security systems are used to detect intrusion to any of the guarded facility and later alert the guards in order to take the subsequent steps. They ensure the safeguarding of the privately owned lands or industrial facilities and are also widely used in security systems and alarms, such as intruder alarms and video surveillance systems.

These systems can protect not only the insides of business or industrial premises but also the articles and objects of value located within the guarded area to ensure the protection against vandalism and burglary. They are widely used in facilities with large ground areas, such as logistical centers and business centers. Moreover, they find their application in industrial enterprises and factories as they have significant property assets.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/perimeter-security-market

Further key findings from the study suggest:

  • The system integration and consulting service segment dominated the market in 2018 and is estimated to generate a revenue of USD 3.2 billion by 2025. These services help businesses create opportunities to drive high performance and accelerate business innovation
  • The video surveillance system segment is anticipated to witness the fastest growth and expand at a CAGR of 8.7% over the forecast period owing to growing concerns over public safety, surging demand for spy cameras, and increasing adoption of IP cameras
  • Based on the end use, the military and defense segment captured a major market share in terms of revenue and is expected to reach USD 7.9 billion by 2025
  • The market in Asia Pacific is projected to witness substantial growth over the forecast period owing to increasing infrastructure developments. It is expected to reach USD 8.8 billion by 2025
  • Key players including Anixter International Inc.; Axis Communications AB; Honeywell International, Inc.; RBtec Perimeter Security Systems; FLIR Systems, Inc.; Puretech Systems; Senstar Corporation; and Tyco International Ltd. dominate the market.

Heat Treating Market Size Worth $122.34 Billion By 2025

The global heat treating market size is expected to reach USD 122.34 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 3.5% CAGR during the forecast period. Increasing penetration of metal treatment services in automotive, aerospace, construction, energy, and metalworking applications is expected to act as a key market driver over the forecast period.

Steel is a key material used in the metal heat treatment industry. Increasing use of steel in construction and machining applications is projected to positively impact segment growth over the forecast years. Other metals commonly used include aluminum, iron, copper, and nickel. Aluminum is expected to witness significant growth on account of increasing penetration of the metal in aerospace and automotive industries.

The most commonly used processes for heat treatment include hardening and tempering, case hardening, and annealing. Case hardening is expected to witness significant growth over the forecast period due to growing popularity of carburizing, nitrding, and carbonitriding for surface hardening in metalworking and machining applications.

Automotive emerged as the dominant application segment in terms of market share in 2016. However, aerospace is expected to witness highest growth during the next eight years on account of a rapidly-growing aerospace industry in emerging economies worldwide. Companies in the domain including Bluewater Thermal Solutions; Bodycote Heat Treatments Ltd.; Summitglow Ltd.; Ajax Tocco International; and Metcor Inc. are involved in furnace manufacturing, treatment services, and surface treatment facilities.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/heat-treating-market

Further key findings from the report suggest:

  • The heat treating market was valued at USD 90.73 billion in 2016 and is expected to exhibit a CAGR of 3.5% from 2017 to 2025. The market is primarily driven by increasing demand for metal treatment services from key end-use verticals
  • The cast iron material segment was valued at USD 9.43 billion in 2016 and is projected to witness comparatively slower growth over the forecast period. This can be attributed to increasing use of other metals such as aluminum, copper, titanium, and nickel in various end-use industries
  • In 2016, the case hardening process segment was valued at USD 23.99 billion, expanding at the highest CAGR of 3.7% over the forecast period. This growth can be attributed to increasing use of carburizing for surface hardening as opposed to conventional hardening
  • Asia Pacific dominated the global market in terms of revenue; the market was valued at USD 34.21 billion in 2016 and is projected to expand at a CAGR of 3.9%. Rapid growth in key end-use industries across emerging economies of India, China, Indonesia, and Vietnam, among others is expected to benefit regional market growth over the forecast years
  • Key industry participants are engaged in technical collaborations, mergers with furnace manufacturers, and strategies to expand geographical reach in order to increase profit margins and application portfolios.

Harmonic Filters Market Size Worth $1.28 Billion By 2025

The global harmonic filters market size is estimated to reach USD 1.28 Billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 7.1% during the forecast period. Harmonic filters are an integral part of electric power systems that are used for mitigation of harmonics, an effect produced due to non-linear loads. Significant investments in building renewable energy infrastructure worldwide coupled with the rapid adoption of variable frequency drives (VFDs) for industrial applications such as heating, ventilation, and air conditioning (HVAC) and electric motors are anticipated to boost the growth of the market.

Harmonic filter is an essential component integrated into power converters and inverters, UPS systems, and other commercial applications such as data centers, hospitals, and offices to enhance power quality in these systems. The global demand for the product is projected to rise tremendously by 2030 on account of increasing investments by governments in the deployment of renewable energy infrastructure (wind energy and solar energy).

For instance, China invested approximately USD 126 Billion on renewable energy infrastructure in 2017. Harmonic resonance is a key concern during the set-up of large solar and wind power plants. Harmonic filters are installed during the deployment of renewable energy infrastructure for the purpose of mitigating harmonic disturbances and power losses.

Additionally, key market players are focusing on developing new innovative products for the rapidly growing e-mobility market across the world. For instance, in 2017, Schaffner Holding AG introduced a new lightweight active harmonic filter for electric vehicles with the objective of delivering high performance and reducing power losses even at a high frequency. Moreover, the strong adoption of harmonic filters in the manufacturing and consumer electronics industry coupled with significant renewable energy investments enabled the Asia Pacific regional market to gain a substantial share in 2017.

Increasing investments aimed at the construction of new data centers and renewable energy infrastructure in key countries such as the U.S., China, India, and the U.K. are poised to drive the market over the forecast period. Despite all these benefits, lack of product awareness among small and medium-sized manufacturers coupled with significant availability of substitute products is likely to inhibit the growth of the global harmonic filters market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/harmonic-filter-market

Further key findings from the report suggest:

  • In 2017, Asia Pacific represented the leading share in the market, owing to the high adoption of VFDs in the manufacturing industry, data centers, and the energy & power sectors
  • Europe is expected to reflect the highest growth during the forecast period on account of increasing investments in the deployment of renewable energy infrastructure along with burgeoning demand for harmonic filters from the automotive industry, specifically for their use in electric vehicles
  • Significant investments in R&D initiatives to develop new and innovative harmonic filters with the objective of reducing the overall input voltage and enhancing product performance is estimated to stimulate the growth of the market
  • Investments aimed at building new data centers to meet the needs of business enterprises are anticipated to stir up the adoption of harmonic filters over the forecast period.

Welding Equipment Market Size Worth $18,170.0 Million By 2025

The global welding equipment market size is expected to reach USD 18,170.0 million by 2025, registering a CAGR of 6.9% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. A notable rise in manufacturing and construction activities across the globe is expected to boost the growth of the market over the forecast period. Increasing adoption of automated solutions is a key trend observed in the market.

The growing demand for lightweight cars across the globe is expected to drive the demand for advanced products over the next six years. Introduction of new technologies in the market is expected to generate opportunities for market players. For instance, development of the friction stir welding technology for the automotive sector, which helps avoid toxic fumes and eliminates the use of solvents required for degreasing is further expected to drive the market growth.

The global rise in demand for oil and natural gas and an increase in exploration and production activities are expected to propel the growth of the market over the forecast period. The growing acceptance of advanced equipment, processes, and technologies among automakers are also likely to propel the growth of the market in the near future. Furthermore, the introduction of advanced and smarter automatic machines, which help companies minimizes their dependency on manual labor, is expected to further drive the welding equipment market in the near future.

Manufacturers are focusing on developing new technologies and related education and training content, which can improve safety, quality, and productivity of fusing processes across industries. For instance, in November 2018, Panasonic Industry Europe GmbH and DVS, a German welding industry association, announced collaboration to train operators of automatic equipment following industry guidelines. The training program helped the company to avoid a shortage of expert and experienced resources.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/welding-equipment-market

 Further key findings from the study suggest:

  • In terms of technology, the oxy-fuel segment is anticipated to witness remarkable growth over the forecast period. This growth can be attributed to its advantages such as its portable nature and low maintenance costs
  • In terms of equipment, the automatic segment is expected to emerge as the fastest-growing segment over the next six years. Notable developments in software, coupled with improved capabilities of robots to weld any kind of material, is expected to strengthen the growth prospects of the segment
  • The marine application segment is anticipated to register significant growth over the forecast period. The rise in international trade and commerce, coupled with the growing trend of luxury cruising, is expected to boost the growth prospects of the marine application segment over the forecast period
  • The Asia Pacific regional market is expected to retain its dominance in the market over the forecast period. The growth can be attributed to the developments observed in the automotive sector, a notable rise in industrial activities, and expanding construction and transportation industries
  • Prominent industry participants include Illinois Tool Works Inc., ACRO Automation Systems Inc., voestalpine Böhler Welding GmbH, Carl Cloos Schweisstechnik GmbH, Panasonic Industry Europe GmbH, Air Liquide, Daihen Corporation, and Coherent-ROFIN.

Vital Signs Monitoring Devices Market Size Worth $9.1 Billion By 2026

The global vital signs monitoring devices market size is anticipated to reach USD 9.1 billion by 2026, according to the new report of Grand View Research, Inc., expanding at CAGR of 8.7% over the forecast period. Growing prevalence of lifestyle associated chronic conditions, and rising demand for advanced monitoring devices in developing countries such as China, India, Thailand, and Brazil are some of the major factors driving the market growth. Availability of monitoring systems at competitive prices and increasing disposal income is expected to fuel the market growth during the forecast period.

Introduction of advanced, integrated vital signs monitoring solutions and growing trends of usage of these devices in home healthcare settings as well as all time wearable devices for chronic patients are some of the factors expected to drive the market during the forecast period.

Blood pressure monitors is the largest segment in the vital sign’s devices market due to the increasing incidence of hypertension and increasing demand for blood pressure monitors designed for personal use. The dynamics of blood pressure monitoring has witnessed drastic changes in the recent past. Compatible, affordable, easy to use blood pressure monitoring devices are rapidly replacing conventional devices.

Hospitals segment dominated the market in 2018 due to the factors such as huge patient pool, financing capability, and requirement of vital signs monitors in bulk. Lack of skilled professional and demand for advanced methods for continuous and accurate patient monitoring solutions are expected to drive the segment growth. Availability of integrated devices and patient monitoring suits specially designed for operating rooms are the factors expected to fuel the market in developed as well as developing countries.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/vital-signs-monitoring-market

Further key findings from the report suggest: 

  • By product, blood pressure monitors held largest market share in 2018 and expected to grow at a lucrative CAGR of over 8.0% from 2019 to 2026
  • Based on end users, hospital segment dominated the market in 2018. The segment is expected to continue its dominance throughout the forecast period owing to high preference of advanced devices.
  • North America dominated the global vital sign monitoring devices market share in 2018. Availability of major market players and high adoption rates for advanced technology are the factors which can be attributable to high segment share.
  • The industry is highly competitive with players including Koninklijke Philips N.V., Medtronic, Nihon Kohden Corporation, GE Healthcare, Masimo, Omron Healthcare, Contec Medical Systems Co. Ltd, A&D Company Ltd., Nonin Medical Inc., and SunTech Medical, Inc.
  • Various manufactures are focusing on new product launches, technological innovations, collaboration, regional expansion as major strategic initiatives

Atherectomy Devices Market Size Worth $957.8 Million By 2026

The global atherectomy devices market size is expected to reach USD 957.8 million by 2026, based on a new report by Grand View Research, Inc. The market is projected to register a CAGR of 7.0% over the forecast period. The demand for atherectomy devices market is anticipated to boost over the forecast period due to rapidly rising incidence of target diseases such as peripheral artery disease. Favorable patient outcomes with minimally invasive procedures is also driving demand of atherectomy devices for peripheral vascular interventions.

New technologies and product approvals are expected to boost the market for orbital and laser atherectomy devices over the forecast period. For instance, in July 2018, Cardiovascular Systems, Inc. (CSI) signed an agreement with Aerolase Corp. to co-develop a new laser atherectomy device. The agreement gave CSI an opportunity to leverage Aerolase’s FDA cleared proprietary laser technology. The new laser atherectomy system will be used for treating multiple forms of peripheral arterial diseases

Click the link below:
https://www.grandviewresearch.com/industry-analysis/atherectomy-device-market

Further Key Findings From the Study Suggest:

  • In 2018, the directional atherectomy segment held the largest market share owing to their capability of collecting the shaved plaque in a collecting space, which reduces the risk of barotrauma, dissection, and neointimal hyperplasia.
  • Laser atherectomy devices is expected to the fastest growing segment over the next 8 years. Laser technique is perceived as to have more precision in plaque removal and cause fewer complications. It is also believed to result in lesser incidence of restenosis.
  • Geographically, North America held the largest market share in 2018 and is expected to maintain its position during the forecast period. A high prevalence of Peripheral Artery Diseases (PAD) in this region is one of the key reasons for high demand of atherectomy. Almost 8.5 million people suffer from PAD in the U.S., resulting in an annual economic burden of nearly USD 160 million.
  • Asia Pacific is anticipated to observe the fastest growth over the coming years. Improving economic conditions leading to increasing prevalence of lifestyle diseases, especially cardiovascular and peripheral, is the key reason for this growth.
  • Some of the key industry contributors are Boston Scientific Corporation, Cardiovascular Systems Inc., Medtronic (Covidien), Spectranetics, VOLCANO CORPORATION, Avinger Inc., Koninklijke Philips N.V., Straub Medical AG, ST. JUDE MEDICAL, BARD Peripheral Vascular, Cardinal Health (Cordis), and Terumo IS.

eClinical Solutions Market Worth $15.7 Billion By 2027

The global eClinical solutions market size is expected to reach USD 15.7 billion by 2027, according to a new report by Grand View Research, Inc., progressing at a CAGR of 13.8% during the forecast period. Increasing R&D activities by biopharma and pharma companies, application of software solutions in clinical trials, and expanding customer base are anticipated to fuel the demand for eClinical solutions.

Technological advancements such as electronic data capture and Wi-Fi connectivity are projected to drive the market in the forthcoming years. As the demand for tracking and analyzing clinical data increases, the need for effective clinical solutions rises. Unmet needs to manage efficient clinical development process are poised to boost the market over the forecast period.

Moreover, digital transformation in the field of clinical trials and preference for data centric approach are providing a tremendous push to the market. Demand for integrated clinical IT solutions is increasing due to massive volume of data generated during clinical development processes. eClinical solutions offer a single source of information that helps optimize the cost by eliminating redundant data entry and reducing on-site verification and source data verification. Rising awareness regarding these advantages is projected to propel the market.

Adoption of eClinical workflows in trials offers enormous potential in clinical development processes. These solutions can facilitate decision making in every stage of the development process. They also help reduce cost and time between development phases by utilizing seamless designs and by identifying failing compounds. In addition, it offers rapid access to data and patient safety information, which is helpful in making quick decisions.

Market players engage in new product development and strategic alliances, including partnership agreements, promotional activities, and acquisitions, to keep market rivalry high. For instance, in October 2017, Oracle entered into a collaboration with Healthx Inc. to provide SaaS solutions to healthcare payers for core administration and digital engagement.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/eclinical-solutions-market

Further key findings from the study suggest:

  • CTMS led the eClinical solutions market by product in 2019 owing to benefits such as centralized end-to-end management of clinical trial activities, elimination of reliance on manual processes, real-time status tracking, and maintenance of multiple databases, which cumulatively improve the overall efficiency of clinical trials
  • By delivery mode, cloud-based systems are anticipated to exhibit the highest CAGR during the forecast period owing to integrated features such as flexibility, high accessibility, negligible handling costs, and easy data backup. Real-time data is available through these systems, which enables users to take quick decisions and provide high-quality information for risk-based monitoring
  • CROs held the largest share in the market in 2019 on the basis of end use. The segment is projected to expand at a remarkable pace during the forecast period owing to growing inclination of pharmaceutical companies to reduce overall expenditure
  • Key players operating in the market include DATATRAK International, Inc.; IBM Watson Health; Medidata Solutions Inc.; Oracle Corporation; BioClinica; PAREXEL International Corporation; CRF Health; OmniComm Systems Inc.; and ERT. Most companies engage in various business strategies such as mergers and acquisitions and new product development to gain greater market share.

High Resolution Melting Analysis Market Worth $131.7 Million By 2022

Global High Resolution Melting (HRM) market is expected to reach USD 131.7 billion by 2022 according to a new report by Grand View Research Inc. 

Increasing incidences of cancer, sickle cell anemia, HIV and other STDs are expected to positively reinforce demand for smart and simple molecular diagnostics. According to the Genetic and Rare Diseases Center (GARD) in 2014, 10% of the U.S. population that is nearly 30 million people were suffering from genetic disorders. Some key disease statistics are reported below:

  • As per the estimates provided by CDC, number of acute cases of hepatitis C reported in the United States increased from 1,778 to 2,138 from 2012 to2013
  • According to the UNAIDS report, out of the 36.9 million people that are suffering with HIV/AIDS, 17.1 million are unaware about disease occurrence due to unavailability of testing services
  • As per the WHO estimates in 2015, there are over 130-150 million people suffering with HCV globally 

Based on analyzing the disease trends and relatively lower treatment rates suggests that the demand for gene mutation and other genomic tests are expected to increase significantly over the next few years. Recent developments in the field of QPCR, next generation sequencing, genomics and big data analytics have been instrumental in strengthening the precision medicine approach. The U.S. FDA has already approved some of the treatments which are designed to meet the requirements of a specific genetic makeup or the genomic profile of the patient’s tumor. 

For instance, the U.S FDA has approved a new treatment for cystic fibrosis (CF) in January, 2012. The drug kalydeco was approved for patients reported to have a specific genetic mutation known as “G551D mutation. The number of mutations which can lead to CF is in hundreds, and the G551D mutation is responsible for nearly 4% of the cases in the U.S. 

Furthermore, in 2015, the Obama administration has announced the Precision Medicine Initiative with an investment of USD 216 million in the 2016 president’s budget. This initiative is expected to positively reinforce the HRM analysis market over the forecast period. 

Click the link below:
http://www.grandviewresearch.com/industry-analysis/high-resolution-melting-analysis-market

Further key findings from the study suggest:

  • In 2014, North America dominated the overall HRM analysis market with a share of nearly 42%. Key factors attributed are high disease prevalence rates, presence of large number of academic universities; strong pharmaceutical and biotech industry, presence of large number genetic testing centers, and rapid adoption of novel technologies for improving the healthcare outcomes.
  • Asia pacific is identified as the fastest growing region over the forecast period. Key reasons attributed are increasing public and private expenditure on molecular diagnostics and genetic testing, increasing prevalence of genetic disorders, and increasing burden of chronic diseases such as cancer, COPD, HIV and others.
  • Key market players in the High Resolution Melting analysis market include, Roche Molecular Systems, Idaho Technology Corporation, Kapa Biosystems, Thermo Fisher Scientific, Premier Biosoft and Qiagen. Furthermore, Roche Molecular Systems leads the industry with the highest R&D expenditure and commands a significant market share.