Essential Oil Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast

 According To A New Report Published By Polaris Market Research The Essential Oil Market Is Anticipated to reach USD 16,172.2 million by 2026. In 2017, the orange essential oil segment dominated the global market, in terms of revenue. Europe is expected to be the leading contributor to the global market revenue during the forecast period.

 

A significant increase in disposable income, changing lifestyles, and initiatives by market players to promote healthy lifestyles drive the growth of this market.  Other driving factors include increasing incidences of stress and anxiety, growing inclination towards use of natural and organic products, and increasing awareness regarding physical and mental health. The use of essential oils in various applications such as food and beverages, healthcare, pharmaceutical, cosmetics, and aromatherapy further propel the market growth. Increasing demand in developing nations is expected provide numerous growth opportunities to the market players during the forecast period.

 

Get Sample PDF @ https://www.polarismarketresearch.com/industry-analysis/essential-oil-market/request-for-sample

 

There has been a shift towards e-commerce and consumers are increasingly purchasing essential oils through online platforms. The variety of choices available coupled with ease of purchase offered by online platforms encourages consumers to buy essential oils online, supplementing the growth of the market.

  

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for essential oils market. Factors such as increase in per capita income and changes in consumer behavior towards physical and mental health are expected to accelerate the adoption of essential oils in the coming years.

 

Europe generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The high geriatric population in the region coupled with high disposable income drives the market growth. The high demand of essential oils in food & beverages and cosmetic products support the market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing disposable incomes in developing countries of this region, rising awareness about benefits of essential oils, and rising demand of essential oils from healthcare sector in this region.

 

Get Special Discount On this Research Report @ https://www.polarismarketresearch.com/industry-analysis/essential-oil-market/request-for-discount-pricing

 

The different types of essential oils in the market include lemon, lime, orange, corn mint, eucalyptus, peppermint, citronella, clove leaf, and others. In 2017, the orange essential oil segment accounted for the highest market share. The increasing demand for orange essential oil is owing to properties such as anti-inflammatory, antidepressant, and antispasmodic. Use of orange essential oil has a calming effect on mind and body, and is used in various cosmetics products. It is also used in various foods and beverages to enhance flavor.

 

The well-known companies profiled in the report include Dōterra International LLC., Rocky Mountain Oils, LLC, Naturals Together, Robertet SA, Now Health Group, Inc., Biolandes SAS, Falcon Essential Oils, Ungerer Limited, The Lebermuth Company, Flavex Naturextrakte GmbH, Farotti Srl, and E. I. Du Pont De Nemours and Company among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Buy Now : https://www.polarismarketresearch.com/checkouts/401

 

Electric Scooter Market Size Historical Growth, Analysis, Opportunities and Forecast

 According to a new research published by Polaris Market Research the electric scooter market is anticipated to reach over USD 51,324 million by 2026. In 2017, the retro product segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

Several stringent vehicular emission norms passed by governments worldwide have boosted the adoption of electric scooters. Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce fuel consumption further support the growth of this market. Additionally, the increasing acceptance and high success rates of electric cars have encouraged market players to apply similar technologies in the two wheeler segment and optimize performance. Increasing investments by vendors in technological advancements coupled with decreasing prices of Li-ion batteries and powertrain components would reduce the overall cost of these vehicles in the coming years, further boosting the market growth.

 

Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-sample

 

The demand for electric scooters has increased significantly over the years owing to increasing prices of gasoline across the globe. The exponential growth in the prices of gasoline and diesel owing to the depleting fossil fuel reserves has encouraged consumers to switch to electric scooters. Limited availability of public charging infrastructure for electric vehicles has limited the adoption of these vehicles in the past. However, with significant government initiatives and substantial investments, the development of public charging infrastructure has accelerated significantly.

 

Governments all across the world are taking initiatives to promote the adoption of electric vehicles. Countries such as China, India, France, and the U.S. have invested significantly in the development of charging infrastructure to support market growth. Governments have also introduced stringent regulations regarding vehicular emissions to encourage the use of electric vehicles. In 2016, Canada invested $62.5 million to support electric vehicle (EV) and alternative fuel infrastructure. It also aims to invest $16.4 million for development of more than 80 new charging units for electric vehicles, along with development of natural gas and hydrogen refueling stations along key transportation corridors. In August 2012, the Government of India approved an investment of 230 billion rupees in the development of electric and hybrid vehicle production and aims a target of 6 million vehicles by 2020. These initiatives by the government are expected to accelerate the adoption of electric vehicles in the coming years.

 

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and rising environmental concerns drive the market growth in the region. The increasing population of vehicles and adoption of vehicular emission standards of the U.S. and European Union by Asia-Pacific countries further promotes the adoption of electric scooters. Development of public charging infrastructure further supplements growth in the region. Local players are introducing low cost electric scooters with high performance. Numerous key players have adopted partnership and expansion strategies to increase their market share in electric scooter markets of the Asia-Pacific region.

 

To get Incredible Discounts on this Premium Report, Click At : https://www.polarismarketresearch.com/industry-analysis/electric-scooter-market/request-for-discount-pricing

 

 

The different battery types used in electric scooters include lead-acid, li-ion, NiMH, and others. In 2017, the lead-acid segment accounted for the highest market share. Lead-acid batteries are commonly used as a source of battery in electric scooters. They are comparatively cheaper than other batteries but offer low kilowatt-hours of energy storage per kilogram of weight. These batteries are inexpensive, reliable, and safe. However, these batteries offer low specific energy, short life cycle, and poor cold-temperature performance, which restrict its use in major applications. These batteries could be easily replaced by lithium-ion batteries in the coming years, however, automakers use it in vehicles owing to its low cost.

 

The well-known companies profiled in the report include Honda Motor Co. Ltd., Brammo, Inc., AllCell Technologies, LLC, Mahindra GenZe, Terra Motors Corporation, Yamaha Motor Company Limited, Suzuki Motor Corporation, KTM AG, Peugeot Scooters, Jiangsu Xinri E-Vehicle Co. Ltd., Green Energy Motors Corp., and BMW Motorrad International among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Photovoltaic Materials Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast

 According to a new report published by Polaris Market Research the worldwide Photovoltaic Materials Market is anticipated to reach around USD 44,073 million by 2026. In 2017, the Polycrystalline Silicon segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global Photovoltaic Materials market.

 

The increase in the adoption of renewable energy sources drives the growth of this market. Growing concerns regarding environmental pollution caused by fossil fuels and their limited availability support the market growth. There has been an increasing demand of solar technology owing to low operating costs and less maintenance. Governments are increasingly investing in the development of solar technology to accelerate the adoption of renewable sources, thereby supporting market growth. However, high installation costs of solar systems limit the growth of the market. New emerging markets, and declining costs of photovoltaic materials would provide growth opportunities in the coming years.

 

Get Sample Copy : https://www.polarismarketresearch.com/industry-analysis/photovoltaic-materials-market/request-for-sample

 

Asia-pacific dominated the global Photovoltaic Materials Market during the forecast period. A significant rise in the initiatives taken by governments of China, India, and Japan to promote the use of solar technology to reduce carbon footprint supports the growth of the market in the region. Incentives provided by the governments to the commercial sector industries using solar technology has resulted in high demand of photovoltaic materials in the region. China leads the Asia-Pacific Photovoltaic Materials market during the forecast period. Regions such as North America and Europe export solar cells from Asia-Pacific, thereby supporting market growth in the region. Increasing awareness regarding use of renewable sources and green technologies augments the market growth in the region. Leading global players are expanding their presence in developing nations of India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

  

The various types of photovoltaic materials include Monocrystalline Silicon, Polycrystalline Silicon, Cadmium Telluride, and Copper Indium Gallium Selenide among. The Polycrystalline Silicon segment is expected to lead the market during the forecast period owing to affordable manufacturing process and use in varied applications. The Copper Indium Gallium Selenide segment is expected to grow at the highest CAGR during the forecast period.

 

Any Special Requirement | Speak to our Industry Expert : https://www.polarismarketresearch.com/industry-analysis/photovoltaic-materials-market/speak-to-analyst

 

The well-known companies profiled in the report include DuPont, Targray Technology International, Inc, Shin-Etsu Chemicals Co., Ltd., Mitsubishi Material Corporation, Hemlock Semiconductor Corporation LLC, Atecom Technology Co., Ltd., American Elements, Ferrotec Corporation, Topray Solar, Hangzhou First Applied Material Co. Ltd., 1366 Technologies Inc., NovoPolymers NV among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Magnetic Sensors Market Size Historical Growth, Analysis, Opportunities and Forecast

 The report “Magnetic Sensor Market Share, Size, Trends, Industry Analysis Report By Type (AMR, GMR TMR, Hall Effect, Others); By Technology (Low Field Sensor, Earth Field Sensor, Bias Magnetic Field Sensor); By Application (Automotive, Consumer Electronics, Industrial, Aerospace and Defense, Healthcare, Energy and Power, Others); By Regions, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth. The global magnetic sensor market size is expected to reach USD 4.68 billion by 2026 according to a new study by Polaris Market Research.

In the market, there are many manufacturing companies imparting magnetic sensors that are utilized in many programs where high dependability & cost-optimized solutions are needed. In a current discovery, the board has allowed improving those sensors. The National Institute of Standards & Technology (NIST) has observed that merging magnetic alloy layers with silver nanolayers will grow the sensitivity of magnetic. Being capable to utilize quite skinny films (magnetic sensor) is essential in applications like weapon detection, clinical devices, and records storage. Moreover, its main applications further consist of magnetic flux measuring & the direction in addition to the electricity of a magnetic field. These are mainly relevant within the sensors for android, navigation, commercial and scientific applications.

Get Sample : https://www.polarismarketresearch.com/industry-analysis/magnetic-sensors-market/request-for-sample

The upward push in the integration of a these sensor in the automobile industry permits contactless and ‘wire-free’ measurement of mechanical quantities including the angle of rotation and angular speed. Governments’ encouragement to use eco-friendly vehicles and the increase of consumer electronics will growth the marketplace shares at some stage in the forecast period. Moreover, the advancement of small scale ‘Micro Electro Mechanical Systems’ (MEMS) for detecting and measuring magnetic fields is broadly speaking driving the marketplace in conjunction with the growth of patron electronics appliances. These sensors primarily based on MEMs perform with Lorentz Force which makes it work extra efficiently. However, the Stiff competition and price erosion of magnetic sensors are the main restrain factors for the manufacturers in the market during the forecast period. Also, the growth in manufacturing capabilities, quality products, and reduce the overall cost of production of the magnetic sensors are the main challenges for the manufacturers in the global market over the forecast period.

 

Based on region, the global industry has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2019, Asia-Pacific region dominated the market in terms of value and volume owing to high production of conventional and electric vehicles. Also, the Asia-Pacific is the largest producer of consumer electronics in the global market in 2019. Such factors are expected to raise the demand for the magnetic sensors in the region in the coming years.

 

Get Offer : https://www.polarismarketresearch.com/industry-analysis/magnetic-sensors-market/request-for-discount-pricing

 

In North America, the connected automobiles have gained large prominence as consumer buying behavior has commenced hinging on conversation skills presented by diverse car manufacturers. Miniature magnetic sensors assist in supplying such skills while maintaining fundamental functionalities of the automobile intact. Sensing additives in various use cases such as position sensing, flow charge detection, and velocity sensing are creating opportunities in the domestic region in the forecast period. The European marketplace is projected to preserve a steady growth fee over the forecast period. Hybrid motors, that are included with Hall Effect contemporary sensing in the power systems, are witnessing expanded adoption in Europe, which has greatly aided marketplace increase. Hybrid motors, that are included with Hall Effect present-day sensing inside the strength systems, are witnessing increased adoption in Europe, which has significantly aided market growth.

 

Allegro Microsystems, Inc., Alps Electric Co., Ltd, Asahi Kasei Microdevices Corporation, AMS AG, Baumer Ltd., Crocus Technology, Elmos Semiconductor AG, Honeywell International, Inc., iC-Haus, Infineon Technologies AG, Magnetic Sensors Corporation, Melexis Corporation, Memsic Corporation, Micronas Semiconductor Holding AG, Microsemi Corporation, MultiDimension Technology Co. Ltd, NVE Corporation, NXP Semiconductors, Robert Bosch GmbH, Rotary and Linear Motion Sensor (RLS),  Sensitec GmbH, TDK Corporation and others are the key players in the global market. Product launch, merger & acquisition, and partnerships encompass key players strategies to preserve and capture the most important share of the global market.

 

Food Amino Acids Market- Industry Insights, Top Trends, Drivers, Growth & Forecast

 The global folic acid market size estimated to be worth of USD 1.04 billion by 2026 and is projected to grow at a CAGR of 4.1 % over the forecast period.

 

Folic acid, is a form of water-soluble vitamin. Folate is found naturally in food, and folic acid is its synthetic form. Okra, fruits, asparagus, mushrooms, meats, tomato juice, orange juice, lettuce, spinach, and broccoli are some of the natural sources of folate. It is used for the proper functioning as well as the development of the human body. It is instrumental in the production of the human body DNA.

 

Folic acid is abundantly available in natural sources. However due to various reasons such as malabsorption, poor dietary habits, prolonged illness, and side effects of drugs, many people witness a deficiency of the vitamin. Development of enhanced drug delivery systems which effectively deliver the vitamin in the human body combined with the rising cases of folic acid deficiency is expected to benefit the market demand.

 

Get Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/folic-acid-market/request-for-sample

 

Folic acid finds various health applications and is used for treating folate deficiency which his caused due to low blood folate levels. The symptoms of the disease include anemia, and the inability to absorb nutrients properly. Other diseases that can be prevented and treated with folic acid include kidney dialysis, liver disease, alcoholism as well as ulcerative colitis.

 

Folic acid is particularly useful in treating diseases related to pregnancy. Pregnant women are advised to intake folic acid for the prevention of miscarriage. It is also advised to intake folic acid to reduce the occurrence of defects such as spina bifida, a case in which the back and spine do not close.

 

Folic acid is also used to treat cervical cancer as well as colon cancer. It can be effective in treating stroke among other heart diseases, and can be effective in lowering the levels of homocysteine, a chemical found in human blood. High homocysteine levels result in high prevalence of heart disease. The rise in cases of heart diseases across the globe and effectiveness of folic acid in treating them is expected to benefit the overall folic acid market growth.

 

Folic acid is used to treat a variety of ailments relating to age. They are used to treat Alzheimer’s disease, memory loss, hearing loss as well as AMD or age – related macular disease. IT is also used to reduce the aging signs, weak bones, restless leg syndrome, nerve pain, sleep problems, depression, vitiligo, muscle pain and rare diseases such as the Fragile – X syndrome. It is also used to offset the harmful effects of medicines such as methotrexate and lometrexol. The rise in geriatric population across the globe is expected to benefit the global folic acid market demand over the forecast period.

 

Get Special Discount On this Research Report @ https://www.polarismarketresearch.com/industry-analysis/folic-acid-market/request-for-discount-pricing

 

 

Some of the notable market participants include BASF SE, Koninklijke DSM N.V., Zydus Pharmaceuticals Ltd., Medicamen Biotech Ltd., Emcure Pharmaceuticals Ltd., Jiangxi Tianxin Pharmaceutical Co. Ltd., Xinjiang Wujiaqu Xingnong Cycle Chemical Co. Ltd., Changzhou Niutang Chemical Plant Co. Ltd., Shandong Xinfa Pharmaceutical Co., Ltd., and Hebei Jiheng Group Pharmacy Co Ltd among others.

Commodity Plastics Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast

 The global commodity plastics market size is anticipated to reach $651.8 billion by 2026, growing at a CAGR of 7% during the forecast period, according to a report published by Polaris Market Research.  The report ‘Commodity Plastics Market [By Product Type (PE, PP, PVC, PET, PS) By Application (Automotive, Consumer Goods, Electronics, Packaging, Pharmaceuticals, Textiles), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

The market is anticipated to significantly witness a considerable growth during the forecast period on account of rapidly rising demand for high performance end-use products such as lightweight packaging materials. In addition, the improving economic parameters and improvised standards of living in emerging counties are likely to be the crucial drivers which have flourished the market growth.

 

Demand for commodity plastics has also grown on account of increase in the metal prices. The global plastic industry has been forced to focus on innovation concerning biodegradability of plastics as many nations have banned the use of plastics that is non-biodegradable. Also, light-weight electric vehicles have increasingly gained significance which in turn has further strengthened the demand for the electric vehicles.

 

Commodity plastics indicate higher scope of applications across numerous end-use industries as these are supplied in bulk and have excellent chemical properties. In addition, these can be utilized for numerous applications such as packaging, garbage containers, photography, clothing, and magnetic tapes among many. These are also applied in industries such as consumer goods, automotive, manufacturing, packaging, electronics, construction, textiles, and pharmaceutical.

 

Get Sample Copy : https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market/request-for-sample

 

Based on product-type the market is bifurcated into Polystyrene (PS), Polypropylene (PP), Polyethylene (PE), Polyvinyl Chloride (PVC), Poly (methyl methacrylate) (PMMA), and others. Among them, PE is the most extensively used and product-type with highest demand. This is due to its chemical & physical properties such as their simple structure, insensitivity to a majority of solvents, and high electrical resistance. Also, these bulk plastics are readily available and at lower costs.

 

On the basis of application, the market has been segmented into consumer goods, automotive, electronics, textiles, pharmaceuticals, packaging, and others. Among all the application segments, packaging sector holds highest market share and is anticipated to remain same during the forecast period. The most crucial reason behind such dominance is the rapidly growing demand for such bulk plastics by the manufacturing industry for the production of high-end packaging products and plastic goods.

 

The Asia Pacific is anticipated to be the largest and fastest-growing regional player for the market This is mainly due to the rapidly increasing living standards of the growing middle-class. The middle-class population in the developing countries of this region are increasingly seeking for even higher standards of living, and are likely to spend heavily on electronic appliances, packaged goods, clothing automobile, other goods that make use of commodity plastics in some or the other way.

 

Any Special Requirement | Speak to our Industry Expert: https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market/speak-to-analyst

 

Competitive Landscape and Key Vendors

The global commodity plastics market is characterized by presence of numerous multinational and domestic players. Th industry is fairly concentrated in nature. Some of the established market players in the industry include Exxon Mobil Corporation, The Dow Chemicals, BASF SE, SABIC, China Petroleum & Chemical Corporation (Sinopec), Mitsubishi Chemical Corporation, INEOS, LyondellBasell Industries N.V., Formosa Plastics Corporation, and LG Chem Ltd.

 

The established market players are actively involved in the increasing number of R&D activities in order to manufacture innovative plastic products. In addition, these players are also striving hard to enhance their existing product portfolio to stay equivalent to their level of competitors.

 

Percutaneous Coronary Intervention (PCI) Devices Market Research, Major Manufacturers, Analysis, Industry Demand by Segmentation and Forecast

 The global percutaneous coronary intervention (PCI) devices market size is expected to reach USD 11.4 billion by 2027 according to a new study by Polaris Market Research. Coronary artery disease (CAD) is causing most of deaths globally. The factors contributing to the disease include sedentary lifestyle, smoking, obesity, hereditary factors and alcohol usage. The mortality rate of CAD has been tremendously increasing grabbing the attention for researchers and clinicians globally, With the technological advancements in stent technologies, design of the guide wires, advent of next generation  coronary catheters (percutaneous transluminal coronary angioplasty (PTCA), percutaneous transluminal angioplasty (PTA) balloon catheters ), and the availability of coronary guide wires (steel based, nitinol based ) increased the treatment scope of the coronary heart diseases.

 

Polaris Market research has segmented the percutaneous coronary intervention (PCI) devices market report on the basis of product, end-use and region

 

Download Sample Copy : https://www.polarismarketresearch.com/industry-analysis/percutaneous-coronary-intervention-pci-devices-market/request-for-sample

 

 

The emergence of dedicated catheterization labs in high income countries is also pivotal factor influencing the growth of the PCI devices market. The next generation Cath labs offers advanced services and performs interventional therapeutic procedures such as PCI, PTCA, epicardial ablations of ventricular tachycardia, aortic valve replacements and mitral valve repairs. Additionally, they also perform interventional cardiac electrophysiological procedures, pacemaker implantation and cardiac defibrillator implantation. The number of PCI procedures and other cardiac interventions is substantially increasing with the increase in the cardiovascular diseases globally.

 

To increase the performance of multi-specialty hospitals, many government and private hospitals are setting up catheterization labs for improved service offerings. This concept is gaining popularity for PCI procedures in Canada, the US, the UK, Germany, and other western countries. The factors favoring its growth include the conversion of physician’s office to alternate hospital providers, surgeons’ relationship with the manufacturers to eliminate the need of general practitioner officers (GPO), and the expansion of services provided by the hospitals.

 

Get Exclusive Discount on This Report : https://www.polarismarketresearch.com/industry-analysis/percutaneous-coronary-intervention-pci-devices-market/request-for-discount-pricing

 

 

Market participants such as Abbott, B. Braun, ASAHI INTECC Company Limited, Biosensors International Group, Ltd, Boston Scientific Corporation, C. R. Bard, BIOTRONIK, Comed BV, Cook, Meril Lifesciences, Cordis, Medtronic PLC, Merit Medical System, and Terumo Corporation are some of the key players operating in the percutaneous coronary intervention (PCI) devices market. Key vendors are investing huge amounts into their R&D and introducing new technologies and launching new products to stay competitive in this market. Several products were launched in the recent past with the latest next generation technology which caters the growing needs of the physician and the patients.

 

Read More : https://www.medgadget.com/2020/07/percutaneous-coronary-intervention-devices-market-size-worth-11-4-billion-by-2027-cagr-7-1-exclusive-study-by-polaris-market-research.html

IV Tubing Sets and Accessories Market Size, Share, Segmentation, Regional Analysis and Growth Forecasts by 2026

 The Global IV Tubing Sets And Accessories Market Size Is Expected To Reach USD 1,153.6 Million by 2027 according to a new study by Polaris Market Research. I V tubing sets and accessories basically include different parts namely, infusion line, piercing needle, flow regulator, and luer connector attached with IV tube and the needle. These set are often known as intravenous therapy, designed to administer hydrating fluid, drug, medication directly into the circulatory system. Infusion supplies should be sterile disposable single time use products.

 

Most of the insulin pumps require infusion set to administer insulin into diabetic patients. Flexible tube connects pump reservoir, moving insulin from pump to needle beneath your skin. The selection of the infusion set often decided on the basis of pump compatibility with other accessories, needle insertion angle, gauge and length of cannula, and tube size.

 

Request A Sample Report at :  https://www.polarismarketresearch.com/industry-analysis/iv-tubing-sets-accessories-market/request-for-sample

 

European market saw a large set of these apparatus procured through group purchasing organizations in volumes at the reduced prices. In China, the market is expected to surpass Europe owing to dramatic entry of 800 million new people through its nationwide universal insurance system.

 

The global market is driven by a rise in chronic ailments such as cardiac disorders and diabetes, a sudden surge in infectious diseases, an increasing proportion of geriatrics using home-based infusion therapies. According to the International Diabetes Federation (IDF), the number of people suffering from diabetes were 415 million in 2015, which is expected to reach approximately 640 million by 2040.

 

Market participants such as Baxter International Inc., Becton, Dickinson and Company (CareFusion), Perfect Medical Ind. Co., Ltd, Hospira Inc. (Pfizer Inc.), B. Braun Melsungen AG, Smiths Medical, Fresenius Kabi, C.R. Bard, Inc., Zyno Medical, ICU Medical Inc., Nipro Corporation, Vygon, Poly Medicure, Health Line International Corporation, and Dynarex Corporation are some of the key players operating in the concerned market.

 

New and existing players are focusing on product innovation and new launches inclined towards dedicated therapy. The U.S. based medical start-up DiaTech Diabetic Technologies announced to launch SmartFusion technology based infusion set, which alerts diabetics with errors on real time basis. This has thumb sized fluid pressure sensing device for insulin pumps to monitor errors in the insulin delivery and sends signals to physicians through Bluetooth connection. According to the company’s claim globally, more than 120 million infusion sets are sold and it is estimated that around 60 per cent insulin pumps experience set failures, resulting in loss of USD 426 million of annual wastage from un-viable sites.

 

Have Questions? Or make an Inquiry before buying this report Speak to Our Industry Expert: https://www.polarismarketresearch.com/industry-analysis/iv-tubing-sets-accessories-market/speak-to-analyst

 

Or

Read More: https://www.medgadget.com/2020/07/iv-tubing-sets-accessories-market-size-is-projected-to-reach-1153-6-million-by-2027-cagr-3-9-exclusive-study-by-polaris-market-research.html

 

 

 

 

 

Wearable Medical Devices Market Reviewed for 2020 with Industry Outlook to 2027

 The global Wearable Medical Devices market size is expected to reach USD 85.6 billion by 2027 according to a new study by Polaris Market Research

Wearable medical devices are defined as the autonomous devices worn by the individual to provide medical or fitness monitoring and support over a period of time. They are either worn as a body accessory or being embedded in cloth or shoes. They incorporate non-invasive sensors, wireless transmission, real time data processing capabilities, and also provide medical feedback.

 

Recent developments in wearable medical devices include alert mechanisms, decision support systems, and real time analysis. These wearables offer point of care, and remote management for rehabilitating individuals, disabled and chronically ill.

 

Get Sample Copy : https://www.polarismarketresearch.com/industry-analysis/wearable-medical-devices-market/request-for-sample

  

The prominent factors favoring the wearable medical devices market growth include an increase in the prevalence of lifestyle-related diseases, consumer awareness towards fitness, and advancement in technology and medical innovation with ever increasing interest of consumer electronic companies. According to the study published by the International Diabetes Federation (IDF), in 2015, there were approximately 415 million diabetic people and it is expected to increase to 640 million by 2040. The high prevalence of diabetes is an important driver boosting market growth.

 

With a spike in infectious diseases over the past decade, the Stanford Healthcare Innovation Lab (SHIL) set up a team to study the impact of wearables to track infectious diseases. Moreover, in April 2020, Scripps Research Translational Institute (SRTI) launched DETECT, under which data from activity trackers and smart watches would be integrated into public health surveillance program for proactive disease tracking and population health programs.

 

Market participants such as Medtronic plc, OMRON Corp., Biotelemetry Inc., Apple, Inc., Koninklijke Philips, Dexcom Inc., Abbott Laboratories, Verily Life Sciences, GE Healthcare, Bio-Beat Technologies, Masimo Corporation, iRhythm Technologies, Inc., Preventice Solutions, Inc., CONTEC Medical Systems Co. Ltd, VitalConnect, Minttihealth, Biotricity Inc., Cyrcadia Asia Limited., Garmin Ltd, Xiaomi Technologies, ten3T healthcare, Fitbit, Inc., and Huawei Corporation are some of the key players operating in the Wearable Medical Devices market.

 

Get Discount Offer : https://www.polarismarketresearch.com/industry-analysis/wearable-medical-devices-market/request-for-discount-pricing

 

Players in the market are focusing on developing low cost wearable accessible to all strata of the population within the geographic footprint. In line with this, India based Muse Wearables is manufacturing a wrist based wearable tracker at a cost of INR 3,500. With this, it will continuously monitor skin temperature, blood O2 saturation levels, and heart rate to track body vital signs to diagnose COVID-19 symptoms in early stages. The device is Bluetooth enabled and could be connected via ‘Muse Health App’.

 

Buy Now : https://www.polarismarketresearch.com/checkouts/6531