Friday 31 August 2018

Global Medical Marijuana Packaging Market to Derive Growth from Rising Use of Marijuana in the treatment of Various Illness

  August 31, 2018    3 comments
The presence of various regulations and regulatory frameworks is indicative of the rising demand for medical marijuana. This in turn is expected to fuel the demand for appropriate packaging. In a report, titled “Medical Marijuana Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” Transparency Market Research (TMR) studies the various drivers and restraints impacting the market’s growth. It is intended to offer market intelligence to companies operating in the global medical marijuana packaging market besides updating the readers about the prevailing trends.
According to TMR, the global medical marijuana packaging market is governed by stringent regulatory framework. Laws may vary not only from one nation to another but also among states within the same country. However, due to ever-evolving laws with regards to the use of medical marijuanas, the market is subjected to fluctuations. In order to function smoothly, it is important for manufacturers to ascertain that the medical packaging is opaque, child-proof, resalable, unattractive, tamper-proof, and labelled in accordance to state laws.
For the purpose of the study, the global medical marijuana packaging market can be segmented in terms of various criteria. For instance, the market can be classified into concentrate packaging, flower packaging, and edible packaging based on product type. Besides these, several companies have launched recyclable packaging such as compostable cellophane bags, metal cas, and compostable pouches to gain traction. While most companies focus on product marketing via packaging technologies, meeting state and federal laws is of prime importance. Hence, strategies adopted by the companies operating in the global medical marijuana packaging market may vary from nation to nation. For example, companies operating in the US enjoy the facility of manufacturing custom-based products in short time, while their contemporaries in Asia Pacific are required to deliver products at a cut-rate price.
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Regionally, the global medical marijuana packaging market can be segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Among these nations, North America is expected to show lucrative growth opportunities. In Asia Pacific, the medical marijuana packaging market is forecast to witness growth at a steady pace. The rising use of medical marijuana in the treatment of various mental illnesses is expected to boost its sales in the coming years, thus driving the global medical marijuana market.
As per TMR, the market will witness the influx of several companies in the coming years. Some of the leading companies currently operating in the global medical marijuana market are The Green Cross collective, Shatter Labels, Second Nature Agency, Brandsy Cannabis Creative, Shenzhen (HK) Alfinity Technology Co., Ltd., Elevate Packaging, and Dixie Elixirs & Edibles. Strategies adopted by these companies are likely to have a significant influence on the overall market.
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Technological Advancements to Encourage Growth of Global Virtual Reality in Healthcare Market

  August 31, 2018    No comments
The healthcare segment has been developing at a significant rate in the last few years. The integration of IT principles and solutions in this sector has resulted in a huge transformation in terms with the way patients are treated and services that are provided by the healthcare providers. There are several benefits of digitally managing the different operations and processes in the healthcare segment. In the last few years, the leading healthcare facilities have shifted from their conventional and manually operated devices to advance and efficient software-enabled devices. One of such technology, virtual reality is projected to generate promising growth opportunities for market players in the healthcare segment across the globe. Virtual reality is being used in this segment to simulate three dimensional and an interactive virtual surroundings.
The key factors that are projected to encourage the growth of the global virtual reality in healthcare market have been mentioned below:
  • An increased level of penetration of the connected devices in the healthcare sector is estimated to encourage the growth of the global market in the next few years.
  • The increasing level of investment in the healthcare sector for its development is another key factor likely to enhance the growth of the overall market.
  • The growing need to reduce the high costs in the healthcare sector is likely to boost the demand for innovative techniques, thus driving the global market.
  • Furthermore, the high demand for VR and AR in several developing markets is predicted to generate promising growth opportunities for the market players in the coming years.
  • The use of virtual reality for fitness management is expected to attract a lot of consumers, thus encouraging the overall growth of the market in the near future.
On the flip side, the lack of expertise among the medical practitioners so as to adopt new technologies is considered as one of the major factors projected to curtail the growth of the global virtual reality in healthcare market in the next few years. In addition to this, lack of competence in the deployment of the VR and AR solutions is further predicted to restrict the growth of the market in the near future.
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Presence of Advanced Healthcare Facilities to Drive North America Market
Among the leading regional segments, North America is projected to account for a large share of the global virtual reality in healthcare market in the coming few years. The presence of a large number of leading players and the high-tech healthcare infrastructure in this region are considered as the major factors that are projected to encourage the growth of the North America market in the near future. North America is further projected to be followed by Europe and Asia Pacific. The rising investments by Government organizations in order to enhance the healthcare sector is projected to encourage the growth of the virtual reality in healthcare market in several emerging economies across the globe.
Furthermore, with the rising promising growth opportunities, several new players are anticipated to enter the global virtual reality in healthcare market in the next few years. Some of the leading players operating in the market across the globe are Philips Healthcare, Virtual Realties Ltd, CAE Healthcare, Virtalis Ltd, Vital Images, Inc., Stryker Corporation, Intuitive Surgical, Inc., GE Healthcare, Siemens Healthcare, Medtronic, Inc., and Brainlab AG.
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Global Clinical Trial Packaging Market Driven by Government Support to Formulate Cure for Chronic Diseases

  August 31, 2018    No comments
The prevalence of a number of chronic diseases has been urging pharmaceutical companies to invest on research and development of clinical trials of new drugs, which is a costly and time-taking procedure. This incremented investment and involvement of several prestigious companies has been providing traction to the global clinical trial packaging market, according to a recent business and commerce publication by Transparency Market Research (TMR), which has projected the demand to increment at a notable CAGR during the forecast period of 2016 to 2024. The report, titled “Clinical Trial Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” is a comprehensive study of the current scenario and future prospects, compiled by healthcare professionals in order to serve as a credible business tool for its targeted audiences such as pharmaceutical companies, clinical trial suppliers CROs, healthcare institutions including clinics and hospitals, contract manufacturers, government agencies, and environment, health, and safety organizations.
The analysts of the TMR report have detected that until recently, pharmaceutical companies had been reluctant to invest on clinical trial packaging as a slender percentage of drugs reach commercialization stage. However, with adequate packaging using smart packaging technologies, the drugs have a stronger chance of making the desired impression. In addition to that, the global clinical trial packaging market is also driven by government investments and funds for finding the cure of chronic diseases.
Based on type, the clinical trial packaging market can be segmented into primary packaging including high-density polyethylene (HDPE) bottle and cap and secondary packaging including pack or kit. Treatment-wise, the market can be bifurcated into injections and oral. End user classification of clinical trial packaging market can be done into clinics and hospitals. Geographically, North America is currently maintaining its leading position.
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Sanofi, Fisher Clinical Services, Inc., WuXi AppTec, Almac Group Catalent, Inc, PCI, Pharmaterials Ltd, Schreiner MediPharm, Sharp Packaging Services, Rubicon Research Pvt. Ltd., The Coghlan Group, Almac and MWV are some of the key companies currently ahead of the curve in the global clinical trial packaging market.
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Global Electronic Health Records Market to Grow Alongside Digitization of Processes in the Healthcare Sector

  August 31, 2018    No comments
The global market for electronic health records has been expanding alongside the rising adoption of better technologies across the healthcare industry. Not only have medical practitioners become wary of the various means of easing the treatment procedures but governments have also begun investing in facilitating better treatments for patients. This has elevated the overall standards of the healthcare industry and has led to the deployment several new medical technologies. Electronic health records are also amongst a multitude of nascent technologies that have helped the medical fraternity in reaching its full potential.
Furthermore, hospitals and healthcare centers have been undergoing key renovations in their physical infrastructure, which has eased the installation of electronic health record systems. It is anticipated that the demand within the global market for electronic health records would reach new heights over the next decade. Besides this, the global market for electronic health records is expected to clock in revenues from the rising public and private expenditure on healthcare. Electronic health records help in storing, retaining, and retrieving the medical history of patients, and this in turn helps doctors and medical practitioners in effectuating treatments.
The global market for electronic health records is foreseen to expand at a robust CAGR of 5.70% over the period between 2017 and 2025, according to Transparency Market Research (TMR). Furthermore, the total revenues expected to be accumulated by the global market for electronic health records by 2025 is US$38.29 bn.
  1. Growth of IT and Digitization
Information Technology (IT) has pervaded several areas of operation due to the ability of the former to make positive changes to the framework organizations. Similarly, IT services are also being used across hospitals and healthcare centers to store and retain patients’ data. This has given a boost to the demand within the global market for electronic health records in recent times.
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Furthermore, the digitization of healthcare has helped medical practitioners in staying abreast with the health of patients at all points in time while analysing their medical history. Owing to this factor, doctors and medical practitioners have also confided in the ability of electronic health records to facilitate better treatments.
  1. Rising Population in Asia Pacific
The market for electronic health records has been growing at a starry rate in Asia Pacific in recent times. The rising incidence of diseases coupled with the growing population in India and China has created a pressing need for maintaining electronic health records of patients. Hence, the market in Asia Pacific holds commendable potential for growth over the forthcoming years.
  1. Market Players
The market players in the global market for electronic health records are concentrating on developing better products that use artificial intelligence and internet of things (IoT) for their functioning. Some of the leading players in the global electronic health records market are Epic Systems, GE Healthcare, eClinicalWorks, and Greenway Health, LLC.
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Nurse Call Systems Market – Revenue Generation, Market Shares & Latest Development

  August 31, 2018    No comments
Rising demand for the advanced healthcare systems are boosting invetsnments by the numerous players for new product launches. For instance, some of the industry players offer integrated equipment, in which the patient data can easily be stored and retrieved. In February 2015, Rauland Borg Corporation launched a device called AllTouch responder, which offers nurse call system with electronic medical records. All Touch – Information on workflow events and room status can now be shared across hospital systems using this new integration of Rauland Responder All Touch with Connexall’s clinical communication software platform.
The demand in the global nurse call systems market is projected to expand at a strong CAGR of 10.9% during the forecast period of 2017 to 2025, and estimated to reach a valuation of US$2,665.98 mn by the end of 2025.
Here are few factors which are influencing growth of the Nurse Call Systems Market:-
Rise in Healthcare Expenses To Boost Growth: Rise in healthcare expenses, particularly in the developed nations, increasing popularity of medical insurance in various developing economies, prevalence of chronic infections, increase in old age population over the world, increased investment in healthcare industry, technological headways and product upgradation, government bolster for advanced innovation that helps in consumers’ care progressively, and convenient availability of information for essential healthcare departments are a some of the essential drivers propelling the global nurse call systems market.
Rising Advanced Technologies to Boost Growth: Upcoming technologies, for example, integration of nurse call systems with cell phones and in-in-hospital remote telephones, centralized nurse call system, interoperable designs, and expanding nurse contribution in healthcare sector are among the major reasons that are anticipated to surge up the global growth of nurse call systems market.
Expansive Devices and Strict Rules to Hamper Growth: Then again, factors, for example, increased expenses of implementation, challenges relating to interoperability and integration, strict government regulations, and the lack of skilled professionals who can work productively with IT and healthcare are obstructing the market for nurse call systems from accomplishing its actual potential.
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Increase in Old Age Population to Create Need: Increase in old age population over the world, increased investment in healthcare industry, technological headways and product upgradation, and convenient availability of information for essential healthcare departments are some of the essential drivers propelling the global nurse call systems market.
The vendors go against each other owing to various factors, for example, product differentiation, aggressive pricing, capital support for product or technology upgrades, and distribution partnerships to improve their position in the market. Cornell Communications, Azure Healthcare Ltd., Hill-Rom Holdings, Inc., TekTone Sound & Signal Mfg., Inc., Ascom Holding AG, Tyco SimplexGrinnell, Rauland-Borg Corporation, STANLEY Healthcare, Jeron Electronic Systems, Inc., and Vigil Health Solutions, Inc. are among the key players leading the global nurse call systems market.
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Software Defined Perimeter (SDP) Market – Loopholes of Traditional Security Solutions Drives Demand

  August 31, 2018    No comments
The software defined perimeter (SDP) market is competitive due to the high concentration of service providers, says Transparency Market Research (TMR) in a new report. In order to stay competitive, vendors have adopted various types of organic and inorganic growth plans such as partnerships and collaborations, new product launches, and mergers and acquisitions to amplify their offerings in the software defined perimeter market.
Some of the top players in the software defined perimeter market include Checkpoint Software Technologies Inc., Cisco Systems Inc., Symantec Corporation, and Intel Corporation among others.
Transparency Market Research estimates the global software defined perimeter market to develop at an outstanding 30.9% CAGR between 2017 and 2025 for the market’s valuation to increase from US$1, 129.5 mn in 2016 to US$12,247.9 mn by 2025.
In 2016, BFSI held the leading share of almost 24.8% amongst other end-use segments in the software defined perimeter market. In terms of geography, while North America dominates the global software defined perimeter market; however, Asia Pacific is expected to display a higher growth rate over other regional segments during the forecast period.
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The growth of the global market for software defined perimeter is driven by the increasing need for security system for protecting dispersed enterprise applications, for growing cloud based services, and for growing digitalization. This is mainly due to rising adoption of deployment based applications that demand upgrading to an equally advanced network infrastructure in order to leverage the full potential of these applications. In this scenario, SDP solutions allow security infrastructure to be easily configured, managed, and controlled using policy-driven, programmable, and scalable security framework, without any external high level expertise.
Some other factors such as economic development, rapid urbanization, and employment rate along with rapid industrialization are also driving the global software defined perimeter market. Vendors in the software defined perimeter space have significant growth opportunities in regions such as Asia Pacific, Latin America, and the Middle East and Africa attributed to their significantly rising industrial economy.
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Healthcare and Telecommunication and IT Promise to Lead Global Converged Infrastructure Market

  August 31, 2018    No comments
The global converged infrastructure market is led by companies such as Dell EMC, Nutanix, Inc., and Hewlett-Packard Company which offer best on premise data centres in the world for hybrid cloud. In the years to come, it is anticipated that players with in the market will be expanding geographically by means of strategy collaborations, mergers, and acquisitions. It is expected that business expansion through investment will be leading strategy adopted by players from the converged infrastructure market, Transparency Market Research (TMR) notes in its recent research report.
According to TMR, the global converged infrastructure market will be worth US$76.26 bn by the end of 2025. It is anticipated that between 2017 and 2025 this Market will exhibit a cagr of 22.4%. on the basis of geography it is anticipated that by 2025 North America will account for 39.5% of the total Market. On the basis of end-users, the Telecommunications and IT sector will lead and exhibit a 34.2% of the total market.
Single Point of Storage Behind Demand for Converged Infrastructure
Growing investments by companies and organizations for the upgrading of the IT infrastructure will boost the growth of the converged infrastructure market. The demand for converged infrastructure is improving as it includes virtualization, networking, servers, storage as well as other resources which are managed holistically. The single point of storage will be a key reason for the demand of these systems. Organizations are increasingly opting for solutions which offers scalability, security, simplicity, and agility and this will positively influence the demand for converged infrastructure. It is anticipated that small and mid-sized organizations will develop an interest in adopting converged solutions in order to cut down IT operational cost.
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Growing Demand for Cloud-based Data Centres Aiding Growth of Market
The growing demand cloud-based data centres on account of companies moving their financial systems to cloud, will push the growth of the global converged infrastructure market. Cloud-based data centres are also in demand on account of their operational features and its architecture which eliminates the need for convention data centres. The increasing need for the secure and safe IT infrastructure so as to prevent any risk of cyber-attacks is another important reason behind the demand for converged infrastructure.
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Power System Analysis Software Market – Increasing Investments in Smart Grid Technology Bodes Well for Market

  August 31, 2018    No comments
With a highly fragmented vendor landscape, the global power system analysis software market is characterized by the presence of large number of regional players spread across geographies. Leading players within the market have established their status by making their presence felt across the globe through strategic alliances and mergers and acquisitions. With a large number of service providers, the global power system analysis software market can be characterized as being extremely competitive in terms of product offerings. General Electric Company, Siemens AG, ETAP, and ABB are the top players within the market. Leading players within the market are focusing extensively on new product development with the motto of increasing the efficiency of the software, states Transparency Market Research (TMR) in its latest research.
According to Transparency Market Research, the global power system analysis software Market be worth US$11,585.7 mn by 2025, expanding at a CAGR of 12.7% between 2017 and 2025. On the basis of geography, it is expected that North America will continue to lead in the market. This region accounted for 33% of the total market in 2016, driven by smart grid systems. In terms of fastest growth, it is expected that Asia Pacific will expand at the fastest CAGR during the assessment period, led by China, India, Japan, and Australia. In terms of implementation model, this market is segmented into cloud-based and on-premise. Of these the on-premise implementation segment accounted for a whopping 81% of the total revenue generated from the overall power system analysis software market in 2016. This growth is on account of on-premise implementation at power utilities buildings. On the other hand, the cloud-based implementation segment will exhibit a steady growth in the forecast. On account of the growing penetration and widespread outreach of the internet.
Increasing Investments in Smart Grid Technology Bodes Well for Market
According to a TMR analyst, the primary factor fuelling the demand for power system analysis software is the rapidly increasing investments towards smart grid technology. Across the globe, the demand for electricity has increased. This can be attributed to the growing industrialization and urbanization. Therefore, the surge in the demand for electricity has compelled utility companies to boost their production of energy including setting up new power transmission networks as well as boosting their existing power transmission capacity.
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Utility companies are also focusing on expanding or increasing the capacity of the existing power lines and grades as well as any other associated infrastructure which can enhance the efficiency of electricity production and transmission. With smart power technology requiring system analysis software for the monitoring of great performance as well as for enabling condition-based maintenance, the growth of the power system analysis software market is assured during the forecast period from 2017 to 2025.
Government Initiatives to Boost Smart Power Technologies to Drive Market
Apart from all these factors, the global power system analysis software market also receives impetus from government bodies as well as regulatory agencies which are advocating the implementation of smart power technologies. Government bodies are boosting the adoption of smart water technology by providing incentives. In addition to this, regulatory mandates by concerned bodies will also help boost the growth of the global power system analysis. With increasing deployment of smart grid technology in developing nations, the demand for power system analysis software is also increasing.
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Farm Tire Market – Radial Tires to Account for Larger Revenue Share

  August 31, 2018    No comments
The North America farm tires market features a highly fragmented competitive landscape. However the market features the presence of few well-established players having strong distribution networks. Also, these players have deeply penetrated into the farm tires market by introducing innovative and technologically advanced products. Companies are strengthening their position through mergers and acquisitions and continuously investing in research and development activities to come up with solutions to cater the customers’ requirement. For instance, Titan International Inc., introduced its new range of bias tires for skid steers in early 2017. These tires are targeted towards activities such as snow removal and landscaping, providing superior traction in snow, ice and mud.
Transparency Market Research estimates that the North America farm tire market, in terms of volume-wise sales, is expected to exhibit a moderate CAGR of 5.5% from 2017 to 2025, rising from 2,948 thousand units in 2016 to 4,750 thousand units in 2025. In terms of revenue, the market is expected to exhibit a more promising 11.9% CAGR over the said period, chiefly owing to the rising preference to radial tires.
Radial Tires to Witness Increased Demand in North America Farm Tires Market
In terms of type of tires, the North America market will witness the dominance of the segment of radial tires in terms of revenue generation while the segment of bias tires will continue to remain the leading segment in terms of sales volumes. The high costs of characteristically advanced radial tires will allow the segment to earn a larger share in the market despite lower sales over the forecast period. In terms of geography, the market in U.S. will continue to account for a larger share in the overall revenue of the North America farm tire market over the report’s forecast period.
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Demand for Higher Volumes of Food Products to Have Positive Influence on Market Growth
Rising demand for farm tractors and harvesting machinery is expected to help the overall farm tire market growth, as they are used for multiple purpose machines, including harrowing, plowing, tilling, and planting machines. Growing awareness regarding the importance of mechanization in in the agriculture sector for the maximization of output is aiding the growth of the market. Demand for technologically advanced tires such as with increased flexion (IF) and specialty farm tires such as combine tires, sprayer tires, and eco-friendly tires are further anticipated to contribute toward the expansion of the market during the forecast period.
Additionally, increase in demand for food and other related consumables, owing to the rising population of key markets in the region, and increased per capita income of farmers in North America are also likely to boost the sale of farm tires in the forecast period from 2017 to 2025. The market is also expected to benefit from the rising demand of tractors from hobby farmers.
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Cognitive Systems, Content Analytics and Discovery Software Market – Machine Learning to Emerge as Most Promising Application Segment

  August 31, 2018    No comments
The global market for cognitive systems, content analytics and discovery software features a highly consolidated competitive landscape, wherein the top five companies cumulatively accounted for a massive 79% of the overall market in 2016, observes Transparency Market Research in a recent report. These, top vendors, namely IBM Corporation, SAP SE, Oracle Corporation, Google Inc., and Microsoft Corporation command stronghold on the global market owing to their immense focus on research and development and introduction of innovative products. An instance is the introduction of IBM Watson Imaging Clinical Review, a cognitive imaging solution, by IBM Corporation in March 2017.
To reinforce their hold on the market, leading vendors are also keen on partnering and acquiring companies in the fields of cognitive systems, content analytics and discovery software. For instance, SAP SE announced its acquisition of Roambi, a leading cloud analytics company, in February 2016.
Transparency Market Research estimates that the global cognitive systems, content analytics and discovery software market, which valued at US$9.88 bn in 2016, will exhibit an exponential CAGR of 23.5% over the period between 2017 and 2025, rising to a valuation of US$60.06 bn by 2025.
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Machine Learning Projected to be Most Attractive Application Segment
In terms of application, the segment of natural language processing held the dominant share in the overall revenue earned by the global market in 2016. The vast rise in usage of smart devices is one of the key factors strengthening the growth prospects of the natural language processing segment. The segment of machine learning is likely to be one of the most attractive application segments for the global cognitive systems, content analytics and discovery software market during the forecast period.
In terms of geography, North America dominated the global market in 2016. Early adoption of this technology and increasing volume of unstructured data are the key factors attributed to the stronghold of North America on the global cognitive systems, content analytics and discovery software market.
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IV Bags Market – Revenue Generation, Market Shares & Latest Development

  August 31, 2018    No comments
The global market for IV bags features a largely fragmented and competitive vendor landscape owing to the presence of a large number of companies, observes Transparency Market Research in a recent report. Companies keen on expanding their consumer bases and gaining a larger hold on the market are focused on geographical expansion, strategic collaborations with promising regional companies, and R&D activities aimed at the development of new and more reliable product varieties.
Focus on the development of products made from environment friendly and biologically harmless materials has also increased as stringent environment-protection and patient safety norms keep rising in numbers across the globe. Some of the leading companies in the market are Haemotronic S.p.A, B.Braun Melsungen AG, Wipak Group, Baxter international Inc., Sippex, Renolit Solmed, and West Pharmaceutical Services Inc.
According to the report, the global IV bags market is expected to exhibit a promising 5.4% CAGR from 2017 to 2027, rising from a valuation of US$1,363.8 mn in 2017 to a revenue opportunity of US$2,316.5 mn by 2027. Based on material, the PP segment presently holds the dominant share in the market owing to the material’s non-reactive and inert nature. Geographically, the market in North America is presently the leading regional market in terms of growth prospects and revenue opportunity.
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Increased Demand for Parenteral Nutrition for Geriatric Population to Drive Market
One of thy growth drivers for the global IV bags market is the high use of injections for delivering drugs, liquid substances, and other nutritional products directly in the bodies of patients who have difficulties swallowing anything. The ease of use, easy availability, low costs, and availability in a variety of types based on materials and price ranges make IV bags one of the key components of parenteral nutrition procedures where these bags are often used to administer a variety of compounds such as amino acids to patients.
The market is also steadily expanding owing to the vast rise in prevalence of a number of chronic diseases requiring patient admissions to hospitals or other healthcare centers and the rising global population of geriatric, a demographic that is highly susceptible to a number of health conditions. Old people are also susceptible to a number of health conditions that impair their ability to consume vital nutrients or drugs orally, requiring IV bags for administering the same. Higher accuracy and quicker results associated with IV bags as compared to consuming drugs orally also work in the market’s favor.
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Medical Device Labeling Market – Revenue Generation, Market Shares & Latest Development

  August 31, 2018    No comments
According to the latest market report published by Transparency Market Research titled “Medical Device Labeling Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017–2025,” global revenues generated from sales of disposable consumables were around US$ 716.4 Mn in 2017, and are projected to increase at a CAGR of 6.3% during forecast period 2017-2025. Disposable consumables segment is anticipated to be the highest contributor to the global medical device labeling market, over the forecast period, 2017-2025.
The global medical device labeling market has witnessed impressive growth over the past few decades, due to stringent FDA regulations and introduction of new medical devices in the market. Growing awareness regarding FDA standards helps in the growth of the medical device labeling market. Labeling helps to ensure the effectiveness and safety of a device. With the help of centralized labeling, the companies are empowered to rapidly shift labeling from one facility to another to continue support operations. Rising number of new medical devices and drug discoveries are some of the prominent factors which lead to an increase in the demand of medical device labeling.
On the basis of label type, pressure sensitive labels segment accounts for the largest market share of medical device labeling market of because of growth in the technological advancements to overcome the existing challenges. On the basis of application of medical device labeling market, disposable consumables segment is expected to dominate the market during the forecast period. On the basis of material type, paper segment dominates the market of global medical device labeling market.
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North America is estimated to account for the largest share in medical device labeling market due to high investment on research and development in the medical sector in this region. North America is expected to trail APAC in medical device labeling market. MEA is estimated to contribute a small but rapidly growing market share in medical device labeling market. Latin America is however slated for moderate growth over the forecast period.
The market players that have been profiled in the rpeort include – 3M Company, Amcor Limited, Mondi Group Plc, Avery Dennison Corporation, Lintec Corporation, Huhtamaki Oyj, UPM Raflatac, CCL Industries Inc, Schreiner Group GmbH & Co. KG, Denny Bros Ltd., WS Packaging Group, Inc, Resource Label Group LLC, Faubel & Co.Nachf. GmbH, Tapecon Inc., Weber Packaging Solutions, Inc., JH Bertrand Inc., Coast Label Company, and Label Source.
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Plastic-based Pharmaceutical Bottles to Trend in Spain Pharmaceutical Bottles Market

  August 31, 2018    No comments
The Spain market for pharmaceutical bottles is highly fragmented with a large portion of this market being operated by a number of international players, small domestic participants, and unorganized companies. Most of the international players focus aggressively on selling their products through distributorship in order to cater to the requirements of the pharmaceutical companies and are expected to continue this practice over the forthcoming years. Gerresheimer, Amcor, and Alcion Plasticos are some of the key players functioning in this market.
As per the estimations, the market for pharmaceutical bottles in Spain, which was worth US$241.4 mn in 2016, is likely to progress at a CAGR of 3.80% over the period from 2016 to 2024 and reach a value of US$235 mn by the end of the forecast period. In terms of shipment volume, the market is likely to touch 1,619 mn units mark by 2024. Thanks to the rising utilization of PET in the manufacturing of pharmaceutical bottles, fueled by its atmosphere barrier properties, the PET segment is likely to remain witnessing a higher growth than other material type segments over the next few years, reports the research study.
The report further provides a comprehensive evaluation of the application areas of pharmaceutical bottles in Spain. According to the study, pharmaceutical bottles are predominantly utilized in liquids, E-liquid, droppers, oral care products, and topical medication in this country. Oral care products, among all, have been exhibiting a greater demand for pharmaceutical bottles. It held a share of nearly 36% in the total demand for pharmaceutical bottles in Spain in 2016. Analysts predict the segment will demonstrate a significant incremental performance in terms of the growth rate as well as the market share throughout the forecast period.
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Topical medication, amongst others, is expected to witness a considerable rise in the years to come due to the design competence of pharmaceutical bottles that offer a convenient and less messy dispensing of lotions and semi-solid contents.
“The advancements in the drug delivery formats applicable in the medical and healthcare industry are having the most prominent influence on the market for pharmaceutical bottles in Spain,” states the author of the study. Plastic-based pharmaceutical bottles are the latest trend in the Spain pharmaceutical market. The availability of relatively cheaper polymers in abundance has brought the focus of manufacturers towards producing pharmaceutical bottles from plastic. According to researchers, this trend will shape the future of this market over the forthcoming years.
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Blood Collection Tubes Market To Hold a High Potential for Growth by 2026

  August 31, 2018    No comments
Transparency Market Research delivers key insights on the Blood Collection Tubes Market in its published report, titled “Global Blood Collection Tubes Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global Blood Collection Tubes market is estimated to expand at a CAGR of 6.5% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.
Blood Collection Tubes are useful diagnostic tools in the practice of laboratory testing. Blood Collection Tubes provide accuracy and precision, safety, ease-of-use and speed of diagnostic process. Blood Collection Tubes provide greater accuracy in blood-to-additive ratios. Blood Collection Tubes are made up of plastic and glass. Plastic Blood Collection Tubes are highly preferred due to decreased breakage hazard and decreased weight. Blood Collection Tubes contain clot activators coated with water soluble polymer or anticoagulant. Blood collection tubes include Plasma Separating Tube, Serum Separating Tube, Heparin Tubes and EDTA tubes. The tube stoppers are color coded to indicate tube type for specific test. This color coding of tubes helps the laboratory staff in distinguishing the tubes for various laboratory tests.
The global market for Blood Collection Tubes market is segmented as per product type, material type and end use. The growing demand for accuracy and precision in the medical tests is acknowledged as a key factor driving the Blood Collection Tubes market. Blood Collection tubes are the standard means of collecting blood specimen throughout healthcare & medical research to this day as they provide greater accuracy in blood-to-additive ratios. On the basis of product type, blood collection tubes are segmented as plasma separating tubes, serum separating tubes, heparin tubes, EDTA tubes and rest (ESR, RST tubes).
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Among these serum separating tubes accounts for a larger share. On the basis of material type, blood collection tubes are segmented as plastic and glass tubes. Plastic blood collection tubes are highly preferred as they are inexpensive and safer than glass. Plastic Blood collection tubes offer certain practical operational advantages and are suitable for routine chemistry analysis. The shatter-resistant plastic reduces the risk of exposure to blood borne pathogens. On the basis of end use, blood collection tubes are segmented into healthcare centers which include hospitals and blood banks, R&D centers and diagnostic centers which include clinics and laboratories.
This report assesses trends driving the growth of each market segment on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the blood collection tubes market.
The North America Blood Collection Tubes market includes country level analysis for the U.S. and Canada. The U.S Blood Collection Tubes market is projected to grow at a CAGR of 6.5%during the forecast period wherein plastic tubes segment enjoy dominant share, by material type. The Latin America Blood Collection Tubes market includes country level analysis for Brazil, Mexico, Argentina and Rest of Latin America. The Brazil Blood Collection Tubes market is expected to expand at a CAGR of 6.6% during the forecast period.
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Pharmaceutical Cartridges Market – Influential Factors Determining the Trajectory of the Market

  August 31, 2018    No comments
Transparency Market Research (TMR) delivers key insights on the global pharmaceutical cartridges market in its published report, titled “Global Pharmaceutical Cartridges: Global Industry Opportunity Assessment, 2018 – 2026”. In terms of revenue, the global pharmaceutical cartridges market is estimated to expand at a CAGR of 3.2% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.
The global market for pharmaceutical cartridges is segmented by material type and capacity type. On the basis of material type, the global pharmaceutical cartridges market is segmented into glass and plastic.  The glass segment is further segmented into Type I, Type II, and Type III glass type. The plastic segment is segmented into cyclic olefin copolymer (COC), cyclic olefin polymer (COP), polyethylene (PE) and polypropylene (PP).
This report assesses trends driving the growth of each market segment on the global level and offers potential takeaways that could prove substantially useful for value chain business partners looking to enter the Pharmaceutical Glass Packaging market.
The North America pharmaceutical cartridges market includes country-level analysis for the U.S. and Canada. The U.S. pharmaceutical cartridges market is projected to witness a growth of 1.2x over the forecast period.
The Latin America pharmaceutical cartridges market includes country-level analysis for Brazil, Mexico, Argentina, and Rest of Latin America. The Brazil pharmaceutical cartridges market is expected to expand at a CAGR of 4.3% by the 2026 end. The Mexico pharmaceutical cartridges market is anticipated to represent highest incremental $ increase during the forecast period.
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The Middle East and Africa (MEA) pharmaceutical cartridges market includes country-level analysis for GCC, South Africa, North Africa and Rest of MEA pharmaceutical cartridges market. The growth of the MEA region is particularly expected to be driven due to increasing number of pharmaceutical companies in the region. The government in various the African nation are majorly focusing on pharmaceutical industry.
They have imposed various norms that restricts the import of pharmaceutical drugs from other region of world. This factor encourages global pharmaceutical drug manufacturers to expand their footprints and establish their plant in the region and also results in creating demand for the pharmaceutical packaging products. The pharmaceutical industry in the Africa region is expected to be more than US$ 35 billion in the year 2019, and is expected to create demand for the pharmaceutical packaging products in the region.
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Thursday 30 August 2018

Inverted Pouch Market – Revenue Generation, Market Shares & Latest Development

  August 30, 2018    No comments
Cut throat competition among the packaging manufacturers has led to innovative packaging solutions being introduced in the market. Inverted pouches find their maximum applicability across the food end use industry where the pouches are being used to keep food fresh for a longer period of time at all stages of the supply chain.
Food industry being the largest consumer of packaging is opting for packaging formats that not only revitalize their signature brands but also differentiates the product from their competitors. Also, nations such as the United States is witnessing a strong rise in the millennial consumers which has significantly contributed to new buying habits along with strong brand preference.
Millennial belong to a consumer group who make value driven purchase decisions and are also willing to pay a premium for it. They also expect the retailers and brand owners to be consumer smart which is directly compelling the packaging manufacturers to manufacture intelligent packaging solutions.
As quoted by Glenroy Inc., a key market player in the inverted pouch market, “Innovative and effective products that are bound to make life easier ultimately win the heart of the millennial generation”
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Inverted pouches also overcome the challenges of inefficient dispensing of the traditional formats of packaging. Also, inverted pouches aid in the minimized use of utensils to a great extent.
North America is expected to lead the global inverted pouch market. The U.S. alone accounts for a market share of 19% in the global flexible packaging market. This further propels the growth of the market in the North American region. Furthermore, there is a high density of inverted pouch manufacturers in the region.
APAC inverted pouch market on the other hand is expected to witness growth at the highest CAGR with growth mainly concentrated in economies such as India and China.
Inverted pouch have high barrier properties and also contribute to low carbon emissions along with consumer convenience which directly contribute to the growth of the global market. Also, the high shelf impact of the inverted pouches have helped the retailers in invigorating sales of their products.
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Key players operating in the inverted pouch market are Aptar Group, Inc., Glenroy, Inc., Polymer Packaging, Inc., and Taipak Enterprises Ltd. The key strategy of the players operating in the inverted pouch market basically lies in manufacturing packaging type which is a win-win format for both the consumers as well as the brand owners.
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Cold Form Blister Packaging Market – Development Factors, Applications, And Future Prospects

  August 30, 2018    No comments
Transparency Market Research says that the competitive landscape in the global cold form blister packaging is highly fragmented. With a handful of key players, the overall market is run by several local entities. Amcor Limited, Bemis Company, Inc., Constantia Flexibles Group GmbH, Uflex Ltd., and Tekni-Plex, Inc. have been identified as the significant players in the global cold form blister packaging market. Most of these players are expected to focus on expansion, collaboration, and product innovation to stay ahead of the competition. Offering superior quality of products at a minimal cost is expected to be one of the key strategies of the companies operating in the overall market.
According to Transparency Market Research, the global cold form blister packaging market was worth US$715.4 mn in 2016 and is expected to reach a valuation of US$1, 1437.7 mn by the end of 2025. During the forecast period of 2017 and 2025, the global cold form blister packaging in expected to surge at a CAGR of 5.1%. Out of the various end users, the pharmaceuticals industry is likely to lead the global market in the near future. In terms of volume, this segment is expected to acquire a share of 97.8% during the forecast period in the global market. In terms of geography, Asia Pacific is expected to hold a dominant share in the overall market. This regional market is estimated to surge at a CAGR of 4.8% between 2017 and 2025.
Demand for High Barrier Packaging Products Boosts Demand for Cold Form Blister Packaging
The global cold form blister packaging is gaining market traction with a remarkable growth throughout the forecast period primarily due to the increase in the demand for high barrier packaging products in the pharmaceutical industry for the packaging of the unit dose medicines. The cold form blister packaging provides zero permeability to the moisture and surrounding gases.
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The cold form blister packaging is the best alternative to the thermoform blister packaging due to its high deamination resistance properties. The traditional cold form blister foil is made up of the multilayer structure which consists of the aluminum, oriented polyamide, and polyvinyl chloride. The composition of the aluminum, OPA, and PVC in a typical cold form foil is approximately 50%, 15%, and 35% respectively, by weight.
Also, the cold form blister packaging is around 1.5x to 2x costlier than the PVC-based thermoform blister due to high consumption of the material for the same size of pack. The latest trend observed in the cold form blister packaging market is the introduction of the innovative products such as burgo packs, shell packs, and calendar packs which remind patients to take medicine on exact time with proper tracking features.
Also, the introduction of the Polypropylene and Polyester material as an alternative to the PVC in the multilayer structure is expected to change the dynamics of the market in the coming years. The opportunities in the cold form blister packaging market includes the growing demand for the unit dose medicines in the Europe and the Japan market due to the increasing dependency towards medicinal drugs with rise in ageing population.
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Chub Packaging Market – Influential Factors Determining the Trajectory of the Market

  August 30, 2018    No comments
Chub packaging which is a form of packaging which dates back to the 1940s, is extremely popular for ground turkey, sausage, ground beef, salami, chorizo, pet food, and taco meat. This form of packaging is still popular on account of its convenience, cost effectiveness, and long shelf life. Also, chub packaging is considerably light in weight as compared to other forms of packaging such as tray based packaging, driving their usage. Chub packaging is anticipated to continue to be in demand on account of the reduced packaging material required as well as the subsequent low transportation costs.
Chub Packaging Market: Drivers and Trends
The global chub packaging market is anticipated to witness a healthy growth in the forecast period riding on the back of the growing concerns regarding food safety as well as the burgeoning growth of the global food product industry. Of late, packaging has become a vital part in the food product sector as consumers are increasingly inclined towards purchasing products with attractive and convenient packaging. Comprising of multi-layer transparent, printed, or white films, engineered to deliver long shelf-life and high-performance storage of ground meat chub packaging is ideal for meat products.
Another functionality of chub packaging which boosts it’s uptake is the ability to maintain equilibrium between the atmospheric temperature outside and the temperature of the product packed inside. As chub packaging are impenetrable to oxygen, products present inside the packaging benefits from long, extended life.
On the basis of application, the global chub packaging market is segmented into pet food, cookie and bread dough, ground meat, and processed cheese, of which the ground meat is the clear dominant application area for this packaging. By material, this market is segmented into Multilayer nylon, Polyethylene (PE), Polyethylene terephthalate, and high barrier polyvinylidene chloride (PVDC).
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Chub Packaging Market: Geographical Analysis
The global chub packaging market is influenced positively by the growth and progress of the food packaging industry as well as the considerable changes that have occurred in the lifestyle of the people in developing nations. Also benefiting the market is the trend of increased consumption of meat products such as salami, pork, and beef in the region of North America where in chub packaging comes into use.
It is therefore unsurprising that North America is the leading regional market for chub packaging, driven not only by the high consumption of meat products but also due to the technological developments in chub packaging. Latin America is also anticipated to emerge as a lucrative market for chub packaging. European countries such as Italy, France, and the UK are also flourishing within the chub packaging market. Countries in Asia Pacific which are expected to do well in the years to come include India and China.
Companies Mentioned:
The report profiles key players within the global chub packaging market. The names of a few prominent players are as follows: Cargill, Incorporated, Plastopil Hazorea Co. Ltd., Sealed Air Corporation, R.A Jones Group Ltd, Bemis Company, Inc., Berry Plastics Corporation, Coveris Holdings SA, Kendall Packaging Corporation., Henry & Sons and Qingdao Haide Packaging Co., Ltd.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...