Polyolefin Market By Trends, Size, Share, Company Overview, Growth And Forecast

 The New report “Polyolefins Market Share, Size, Trends, Industry Analysis Report By Feedstock (Polyethylene, Polypropylene, Ethylene Vinyl Acetate, Thermoplastic Olefins, Others), By Application (Film & Sheet, Injection Molding, Blow Molding, Extrusion Coating, Fiber, Others), By Regions, Segments & Forecast, 2019 – 2026” provides a complete analysis of present market trends and future insights.

 

The global polyolefins market size is estimated to reach USD 447.0 billion by 2026, growing at a CAGR 6.2% during forecast period. according to a new report by Polaris Market Research. Polyolefins are the polymeric compounds of olefins and account for over 50% in weight of the produced polymers. The global market comprises more than 300 grades of commercial polyolefins with wide array of mechanical properties. The two major types of polyolefins include polypropylene and polyethylene. They are further subdivided into several grades for numerous end-use applications.

 

Increasing improvements in plastic technologies, creation of reasonably priced indoors fixtures in vehicles and strict business requirements regarding carbon emissions had been key elements using the enterprise. PE or Polyethylene is fast growing product in terms of volume. High tensile strength along with high impact resistance of the product has contributed to its demand in film and sheet and packaging sectors. PE can be heated to its M.P., cooled and heated again as in line with requirement without great degradation in strength or quality. This offers it prominence in geomembranes, plastic films and bags.

 

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The worldwide polyolefins marketplace has witnessed rapid increase resulting from very excessive consumption of polyethylene and polypropylene for special end-uses. Plastic demand has grown significantly global and has led to increased consumption of polyethylene. Consumer goods and meals packaging are one of the prime drivers for polyolefin marketplace.

 

 

Infrastructure improvement, elevated monetary boom and rising according to capita intake have satisfactorily illustrated the increase of possibilities inside the polyethylene industry, resulting in extended consumption of polyolefins. The call for of polyethylene for consumables which includes films, packaging materials and several other items for massive industrial packages and home cause is an important growth parameter.

 

The growing monetary increase of numerous growing countries across the globe, with improved life and growing non-public disposable earning has helped using commodity products. Such phenomenon is anticipated to elevate the income sales for the end-use merchandise of polyethylene and polypropylene. The global polyolefins constitute of stringent regulatory rules, which is anticipated to be a purposeful restraint.

 

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Many nations across the world are efficiently creating an after-use plastics economy to lessen the environmental effect of such compounds. Development in the after-use collection, reprocessing & storage infrastructure; radically increasing best, economics & uptake of recycling; and growth inside the monetary attractiveness of retaining substances in the device are a number of the crucial parameters undertaken by the enterprise gamers to beautify sustainability.

 

The hastily increasing countries with large populations such as China, India and Indonesia encompass very high future boom for the market. Asia Pacific is the most money-making as PE and PP consumption boom is related to substitution of conventional materials, population demographics and infrastructure improvement.

 

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The polyolefin market is highly competitive and comprises large number of domestic and international players. Some of the key players in polyolefin market include ExxonMobil Chemical, DowDuPont, Sinopec Corporation, Total SA, Arkema SA LyondellBasell, SABIC and Chevron Philips Chemical Company.

 

Polysilicon Market See Major Growth in Revenue and top Leading Players

The global polysilicon market size is estimated to reach USD 9.68 billion by 2026 says a new report published by Polaris Market Research. The report “Polysilicon Market Share, Size, Trends, Industry Analysis Report By Application (Photovoltaics {Monocrystalline Solar Panel and Multicrystalline Solar Panel} and Electronics), By Regions, Segments & Forecast, 2019 – 2026” gives an accurate analysis of current market indices and taps future market trends.

 

Polysilicon is a high-purity silicon grade and a major raw material for the electronics and photovoltaic (PV) industries. Silicon has profuse abilities from which it is manufactured. The three commercial processes for extracting it from silicon are quite lucrative. Polysilicon finds itself useful in production of PV wafers which is another strong growth factor for global market.

 

The product is characteristically identified by two grades. One is electronics and the other solar. The electronics grade is used to manufacture microelectromechanical systems, optics, power conversion devices and Integrated Circuits. The solar grade is used in manufacturing photovoltaic cell. 

 

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The global solar installations surpassed 100 GW for the first time in 2017. This phenomenon has raised the ranking of polysilicon and wafers that are manufactured. Though the solar installation has grown prolifically on a global basis, the market witnessed less supply in 2017. The weak demand came about due to China with feed-in-tariff deadline and lack of transmission line that occurred in West China form sunnier regions.

 

Globally, solar energy has been actively adopted for different end-use industries in various applications. This has resulted in increased consumption of polysilicon in photovoltaic industry. An improvement in emerging countries of the world with rising disposable incomes has been major parameters for success of these end-use sectors. The demand for consumer electronics has also risen due to such economic and social factors.

 

Polysilicon is extensively used in electrical and electronics industry for manufacture of electrical components such as integrated circuits, which are an integral component in all electronics circuits and assemblies. A rising demand for smart phones, personal computers and data storage devices has given industry wide traction in the electrical and electronics industry globally.

 

China is a major consumer and also the largest PV module-manufacturing base which are factors responsible for growth of market in the country. However, there are minor obstacles in market on account of feed-in-tariff and ongoing trade disputes between China and United States. The situation in China has worsened the financial leg of US because US has lost access to China’s PV manufacturing industry, leaving a huge financial loss in its wake.

 

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Asia Pacific is anticipated to be the largest and fast-growing regional market due to industrial growth of its countries, especially the emerging countries. China, India, South Korea and Japan have significantly contributed to growth in region. The global polysilicon market comprises large multinational and domestic companies. The industry is moderately consolidated and highly competitive.

 

The key industrial players in global polysilicon market include REC Silicon, Wacker Chemie, LDK Solar Company Ltd., Tokuyama Corporation, CSG holdings Co., Ltd., Mitsubishi Materials Corporation and GCL Poly Energy Holdings Ltd.

Specialty Oleochemicals Market By Trends, Size, Share, Company Overview, Growth And Forecast

Specialty oleochemicals are special plant-based industrial chemicals and are highly priced with high profit margins. These oleochemicals exhibit interesting characteristic to be used across wide range of applications. Some of the properties include surface activity, emulsifying properties along with the beneficial biological properties. Specialty oleochemicals hold very crucial advantage of being ‘green’ relative to their petrochemical counterpart.

 

The specialty oleochemicals market is primarily driven by the sustainability factor due to its plant-based raw materials and wide array of applications globally. These chemical compounds are widely used in food, pharmaceuticals, personal care, and other consumer products. Specialty oleochemicals are also used in drilling fluids, paints, inks, agrochemicals, textile materials, and in deicing chemical agents.

 

Rising economic growth of several developing countries in the world, with complex lifestyles and increase in personal disposable incomes has boosted the growth of consumer goods and commodities making use of specialty chemicals. Consumer awareness concerning the environmentally sustainable products has also led to increased demand of end-use products made from specialty oleochemicals.

 

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The supportive regulatory framework has essentially contributed to the growth of the global specialty oleochemicals market. These oleochemicals hold significant potential for replacing petrochemical based products in few end-use applications such as paints, inks, textiles, and plastic & polymer additives. Thus, these specialty compounds represent a positive picture in terms of the growth during the forecast period.

 

Asia Pacific is the dominant regional player for the specialty oleochemicals. The export trade of palm oil, a major raw material for specialty oleochemicals, is dominated by the Southeast Asian countries, mainly Indonesia and Malaysia. These countries have been major exporters of palm oil for almost a decade. However, palm cultivation in these countries have taken place extremely fast, thus a stagnating export is anticipated on account of environmental impacts.

 

North America has also witnessed significantly higher growth in the specialty oleochemicals market. The region has witnessed high demand for personal care and pharmaceutical products that are obtained from natural derivatives. Some minor applications such as drilling fluids and inks markets have also grown substantially in terms of demand.

 

The specialty oleochemicals market is moderately competitive and highly consolidated. It constitutes of large number of domestic and international market players. Integration by key market players from the procurement stage to the distribution stage of the value chain is also a major phenomenon in this market. Some of key oleochemical market players include Emery Oleochemicals, KLK Oleo, IOI Group, Oleon, Evonik Industries, Kao Corporation, Vantage Specialty Chemicals, and Wilmar International.

 

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Sunglasses Market Recent trends, Potential Growth, Demand and Forecast

 The global Sunglasses market size is expected to reach USD 27.72 billion by 2026 according to a new study by Polaris Market Research. The report “Sunglasses Market Share, Size, Trends, Industry Analysis Report By Product (Polarized, Non-Polarized), By Material (CR-39, Polycarbonate, Polyurethane, Others), By Channel (Online, Offline), By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Demand for sunglasses has led to the need for reduced dependency on spectacles and uptake of contact lenses. Therefore, growing awareness among the general population regarding the importance of protecting the eyes is the key driving force for the market. Sunglasses exhibit the highest growth rate, which is a direct result of burgeoning prices, especially in the high-end segment of the market. The expected increase in the demand of sunglasses for health, lifestyle, and cosmetic purposes is also expected to drive the market.

 

Companies such as Luxottica Group S.p.A., Prada SPA, Safilo Group S.p.A, Fielmann AG, De Rigo SpA, Kering SA, Capri Holdings, LVMH, Marcolin S.p.A, and Maui Jim are some of the key players operating in the market.

 

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The average selling price of sunglasses is expected to be highest in the Europe, which is expected to drive the revenue in this market. Due to the dominant presence of major players of the market in Europe, there exists higher brand awareness and thus higher demand for the high-end sunglasses sector. This can be attributed to increasing awareness regarding eye healthcare and a trendsetting consumer base backed by abundant disposable incomes.

  

Increasing purchasing power backed by rising disposable incomes among the consumers across various regional markets is expected to drive the demand for sunglasses across the global market. Growing income level and households in the middle class have led to increased aggregate disposable income in developing regions.

 

Additionally, the proliferation of the internet and online retailing services is expected to positively impact the market. The Japanese market is characterized by growing demand for online purchase of sunglasses. However, growth in internet retailing has resulted in low product prices and thus has adversely affected the revenue streams. Growing purchase volumes of sunglasses are expected to curb the impact of this trend over the next seven years. High scope for penetration in this sector is expected to be an opportunity for industry participants.

 

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Independent retailers and stores are businesses under private ownerships. These are usually single-store operations and offer both high risks and high rewards for the store owner. Major sunglasses vendors and brands give away franchising rights to individuals or enterprises willing to open up independent stores for a specific brand, retailer, or vendor for a certain royalty or franchise fee to be given to the sunglasses manufacturer.

 

Manufacturers have also made available prescription eyewear and sunglasses across several regions to grow their customer base. However, there lies a strong belief among consumers that sunglasses sold at certain drugstores are not customized and not in accordance with the prescription, due to which they do not focus the images but rather make them appear larger, thus costing significantly lesser.

 

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Radar Sensor Market Size, Benefits, Manufacturing Cost and Forecast To 2026

The global Radar Sensor Market is anticipated to reach USD 44.4 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the non-imaging radar sensor segment accounted for the highest Radar Sensor market share in terms of revenue. North America is expected to be the leading contributor to the global Radar Sensor market revenue in 2017.

 

The growing military expenditure in countries such as China, U.S, and others have resulted in radar sensor market growth. The advancements in technologies and increasing need for national security would further lead to radar sensor market growth. Increasing demand for high range and enhanced radar accuracy, along with stringent security regulations supplement the growth of radar sensors market. Growing adoption of radar sensors in developing nations provide growth opportunities for the market. Features of radar sensors such as increased discrimination accuracy, enhanced sustainability, greater detection ranges and high reliability are propelling the growth of global radar sensor market. Furthermore, viewing the real-time data with the help of Radar through interfaces such as internet is opportunistic for the market expansion. Increasing cases of road accidents and stringent vehicle safety regulations supplement the market growth. Increasing development of self-driving and autonomous vehicles provide growth opportunities for radar sensor industry.

 

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North America generated the highest Radar Sensor market share in terms of revenue in 2018, and is expected to lead the global Radar Sensor industry throughout the forecast period. The adoption of radar sensors is expected to increase significantly in this region owing to increasing need to offer safety and security. The increasing demand for surveillance and border monitoring also drives the radar sensor market across various countries. Market players in the global radar sensor industry are introducing highly efficient and low-cost radar sensors to cater to the growing consumer needs. These market players are also integrating advanced technologies to improve the radar systems to cater to wider audiences. Increasing safety concerns, growing military expenditure, and development of autonomous vehicles are factors encouraging market players to launch efficient radar sensors across the globe.

 

Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. For instance Continental AG, a German automotive manufacturer company on November 2017 incorporated their extensive, long standing expertise in vehicle surrounding sensors into fifth generation of short and long range radar sensors. This resulted in more accurate detection of smaller objects such as a lost spare wheel or an exhaust that has fallen off. Long range radar, has maximum range of 300 m and an opening angle of ±60˚ depending on required performance. The series production of the same will start in 2019.

 

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The well-known companies profiled in the Radar Sensor market report include Delphi Automotive LLP, Autoliv Inc., Robert Bosch GmbH, NXP Semiconductors N.V., Continental AG, Lockheed Martin Corporation, Denso Corporation, Infineon Technologies AG, Hella KGaA Hueck & Co., and Smart Microwave Sensors GmbH. 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.

Connected Worker Market Recent trends, Potential Growth, Demand and Forecast

 The global “Connected Worker Market Share, Size, Trends, Industry Analysis Report By Component; By Technology (RFID Location Triangulation, Wi-Fi, Cellular, Bluetooth, Low-Power Wide-Area Network (LPWAN), Wireless Field Area Network (WFAN), and Zigbee); By Deployment; By End-user (Manufacturing, Construction, Mining, Oil & Gas, and Others); By Regions, Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth. Global Connected Worker market size is projected to reach USD 12.1 billion by 2027, growing at a CAGR of 20.1% during the forecast period

 

The hardware segment has registered a higher revenue share in the global connected worker market. The software segment is anticipated to grow exponentially with a CAGR of 20.9% during the forecast period, i.e. 2020 to 2027. In terms of regional outlook, the Asia Pacific region is anticipated to grow substantially with a CAGR of over 22.3%. Furthermore, the RFID location triangulation segment is projected to rise to USD 3.50 billion by 2027.

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All the workers from the manufacturing plant were previously used to manually cross-check all the day to day operations. With the emergence of connected worker technology, the industry experiencing an advanced era of connectivity. This has greatly reduced the possibilities of human errors and enhanced digitalization for smoother operations. A connected worker solution is a unique platform that helps to keep continuous tracking and real-time visibility of all processes. Flexible remote assistance with the assistance of augmented reality technology is some of the key features that further supported the connected worker platforms.

 

The leading market players are involved in various activities such as acquisitions, collaboration, joint ventures, partnerships, and mergers for taking lead in the global connected worker market.  Increasing technological advancements along with the invention of innovative products at low costs and rising spending from the IT services industry are envisioned to bolster the demand for the global connected worker market over the forecast period.

 

The connected worker market in the North American region is providing lucrative opportunities in the form of expansions for several market players. Increased smartphone penetration along with improved internet & broadband connectivity coupled with rising customer demand for continuous access to content are expected to foster the growing connected worker market. In addition to this, several new entrants are entering the market focusing to expand their operations, boosting demand for connected workers. On the basis of regions, North America emerged as the biggest market for connected worker solutions.   

 

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Some well-established companies operating in the global connected worker market include Avnet, Inc., Accenture, 3M Company, Honeywell International Inc., Fujitsu Ltd., Intel, Oracle Corporation, Smart Track S.R.L., Wearable Technologies Limited, Vandrico Solutions Inc., Wipro, and Zebra Technologies. Key market participants are continuously involved in collaborations and product launches to innovate solutions offering to meet growing requirements from consumers.

Orthopedic Implants Market 2020 Industry Growth, Business Opportunity, and Leading Players

 Orthopedic implants market size is set to reach USD 6,894.2 million by 2026 growing at a CAGR of 5.1% during the forecast period according to a new study published by Polaris Market Research. The report ‘Orthopedic Implants Market Share, Size, Trends & Industry Analysis Report, By Application (Spinal, Hip, Knee, Dental, Craniomaxillofacial and S.E.T (Sports Medicine, Extremities, and Trauma)) and by Regions, Segment Forecast 2019-2026’ provides a detailed analysis of present market strengths and future market trends.

Market success of orthopedic Implants is entrenched in a rising geriatric population with an increasing life-span affected by musculoskeletal disorders such as osteoporosis, osteoarthritis and others. Technological innovations also have seen a steady rise in orthopedic medical implants market. Increasing number of joint replacement cases and sport injuries across the globe will catapult market to leading growth.    

 

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The center for health design has predicted elderly population to double in coming years. For instance; Japan and South Korea have a life expectancy of 83.7 years and 82.3 years respectively. Surplus Government investments in medical industry and supportive Government opinions in use of implants have directed massive growth for market in coming years.

 

Increasing investments by Government in healthcare and in doting company with a well-developed healthcare infrastructure add momentum to market in North America and Canada. Asia Pacific     offers key players operating in market a thriving opportunity due to a high population base, high awareness regarding orthopedic implants, surge in healthcare infrastructure and rise in geriatric population. The key players operating in the orthopedics Implants market include Johnson and Johnson, Zimmer Biomet Holdings, Inc., Stryker Corporation and Medtronic PLC among others.

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Segmentation of Orthopedic Implants Market is as follows

 

Orthopedic Implant Application Type Outlook (Revenue USD Millions 2015-2026)

• Spinal
• Hip
• Knee
• Craniomaxillofacial
• Dental Orthopedic
• E.T (Sports Medicine, Extremities, Trauma) Orthopedic

Orthopedic Implants Regional Outlook (Revenue USD Millions 2015-2026)

• North America (U.S., Canada)
• Europe (Germany, UK, France, Italy, Spain)
• Asia-Pacific (China, Japan, India)
• Latin America (Brazil, Mexico)
• Middle East and Africa

 

Cryotherapy Market Research Report by Growth Size, Key Segmentation and Competitive Landscape

The global cryotherapy market size is set to achieve 6.72 billion by 2026 at a CAGR of 9.8% according to a new study published by Polaris Market Research. The report Cryotherapy Market Size, Share, Trends, Industry Analysis Report By Device Type (Cryoguns, Cryoprobes, Gas Cylinders, Cryochambers, Gas Pressure Gauges, Thermocouple devices); By Therapy Type (Cryosurgery, Icepack Therapy, Chamber Therapy); By Application Type and By Regions – Segment Forecast 2020-2026 provides an in-depth analysis of present and future market trends.

 

Cryotherapy is known in medical science as an application of low temperature for treating malignant tissues and malignant tissue damage called lesions. Cryotherapy finds common applications in treating muscle pain, sprains, swelling, soft tissue damage and postoperative swelling.

 

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The key factors driving cryotherapy market include high prevalence of cancer, increasing demand for minimally invasive procedures, technological prowess in cryotherapy equipment and growing popularity in fitness, wellness and beauty industries. Uncertainty over traditional methods still exist because use of argon gas and crypto probes are not definitive standards and have to seek approval by the regulatory body. Safety and effectiveness have a long way to go. Hence lack of clinical evidences is limiting factors to growth of cryotherapy units market.

 

High-risk cryogenic gases and strict regulatory approvals for the gases could be defining restraints for the market. On the other hand, success factors for cryosurgery are that it scores over traditional surgery, marked by few complications, negligible scars, less pain and shorter hospitals stay. These factors will bolster market.

 

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The key players in Cryotherapy market include CryoConcepts LP, Medtronic plc, Brymill Cryogenci Systems, Cortex Technoologies, Cooper Surgical, Inc., and Zimmer Medizin Systems.

Polaris Market Research has segmented the global cryotherapy market on the basis of product type, application, therapy, end-user and region:

 

Cryotherapy Product Type Outlook (Revenue USD Million 2015-2026)

·         Cryogun

·         Cryoprobes

·         Gas Cylinders

·         Gas Pressure Gauges

·         Thermocouple Devices

Cryotherapy Application Outlook (Revenue USD Million 2025-2026)

·         Oncology

·         Cardiology

·         Dermatology

·         Pain Management

·         Gynecology

Cryotherapy Therapy Type Outlook (Revenue USD Million 2015-2026)

·         Cryosurgery

·         Icepack therapy

·         Cryo chamber therapy

Cryotherapy Regional Outlook (Revenue USD Million 2015-2026)

·         North America (U.S., Canada)

·         Europe (Germany, UK, France, Italy, Spain)

·         Asia-Pacific (China, Japan, India)

·         Latin America (Brazil, Mexico)

·         Middle East and Africa

Ultrasound Devices Market Rising Impressive Business Opportunities Analysis Forecast By 2028

 According to a new research published by Polaris Market Research, the ultrasound devices market is anticipated to reach over USD 12,556 million by 2026. In terms of revenue, the diagnostic devices segment dominated the global market. Geographically, North America is expected to be the leading contributor to the global market revenue in 2017.

 

The rapidly increasing geriatric population with several chronic diseases and the lower cost and relative safety of ultrasound devices are together boosting the market growth. Increasing awareness among patients regarding early diagnosis coupled with government initiatives aimed at spreading awareness among the masses regarding breast cancer, regular check-up during pregnancy and other health related issue are boosting the market growth. 

 

 

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Several technological advancements such as enhancing image quality and increasing portability has made ultrasound devices accessible to a larger user base. Also, several private and public institutions are investing in research and development in the field of ultrasound imaging. Improving healthcare facilities and increasing disposable incomes in developing countries is further fuelling the market growth. However, stringent FDA regulations and lack of trained professionals have limited the market penetration of this technology. Furthermore, several developing countries prohibit the use of ultrasound for gender determination which in turn impedes that industry growth. Identification of newer fields of application and untapped markets in developing countries would provide several opportunities for growth in the near future.

 

North America was the highest revenue generating region in 2017 and is expected to head the global market during the analysis period. The large patient pool, favorable reimbursement policies, well-defined government and healthcare policies, widespread adoption of remote patient monitoring and healthcare services drive the market growth in the region. Asia-Pacific is expected to exhibit the fastest growth during the forecast period owing to improving medical facilities, increasing disposable income and rapidly increasing patient pool in emerging countries such as China, Japan, and India.

 

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The types of ultrasound devices include diagnostic and interventional devices. In 2017, the diagnostic devices segment accounted for the highest market share owing to government initiatives to carry out routine check-ups and increasing adoption of fetal health monitoring. The improving medical facilitates and increasing demand due to rising number of patients, especially in developing countries, supports the market growth in this sector.

 

The key players profiled in this report include Toshiba Medical Systems Corporation, SonaCare Medical, Analogic Corporation, GE Healthcare, Koninklijke Philips N.V., Philips Healthcare, Siemens AG, FUJIFILM Holdings Corporation Hitachi Medical Corporation, Esaote S.p.A. Samsung Medison, Shimadzu Corporation and Mindray Medical International Limited among others. These companies have adopted new product launches to gain a competitive edge in the market.

 

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