The global renal disease treatments technology market is expected to grow at the CAGR of 6.8% during 2015-2022, and is expected to reach the $86 billion mark by 2022. The global renal disease treatment market is expected to grow at a rapid pace due to rising incidences of chronic kidney diseases and end stage renal diseases. Rising lifestyle associated diseases and rising patient’s base of hypertension are the two major reasons behind kidney related diseases that are expected to drive the demand of global renal diseases treatment technology market during the forecast year.
Liquid handling technologies are essential techniques used in drug and chemical discovery laboratories. These technologies are used to move fluid to the required container or solution. These technologies are developed to deliver small volumes with high accuracy, comfort and precision. The liquid handling systems are developed by these types of advanced technologies that we can operate manually or by robots and are even designed to be automated systems.
The global anti-counterfeiting packaging technologies market was around $82.05 billion in 2015 and is forecasted to reach around $198.33 billion growing at a CAGR of 13.4% during 2015-2022.The major factors that drive this global anti-counterfeiting packaging technologies market is rising awareness in brand protection and human health among consumers in emerging economies such as India and China which helps in boosting the growth of this anti-counterfeiting packaging technologies market in next 6 to 7 years.
The global tactile printing market is anticipated to grow with compounded annual growth rate of 4.9% (CAGR) during the forecast period 2015-2022. The increase in number of visually challenged patients and their need to understand the geography is major driving factor of the market. The basic process involves the sense of touch by the tissues placed on the top of the fingers.
The global smart manufacturing technology market is expected to grow at the CAGR of 10.4% during 2015-2022. Globally, smart manufacturing technology market generated more than $37.42 billion in 2015, and is expected to reach $85.4 billion by 2022. The drivers that helps to increase the market are increasing factory viability and proactive viability; improving process efficiency and increasing pivot on energy saving; and, rapid advancement in machine to machine communication technology in the industrial sector.
The global hematological disorder drugs and diagnostics market is segmented on the basis of product type and end-users. On the basis of different product the market is segmented as analyzers and reagents. Hematology analyzers are used for diagnostics like to count blood cells in a blood sample, erythrocyte sedimentation rates (ESRs) tests etc. These analyzers are typically integrated with automation for presentation of results and processing analysis.
The global genetically modified foods technology market is expected to grow at the CAGR of 8.1% during 2015-2022, and it is expected to reach $2.17 billion by 2022. Genetically modified foods are foods that are produced from organism that have been changed genetically using the genetic engineering methods. This types of technique allow new and better traits and quality. The global genetically modified foods technology market is growing well due to rise in technology in agriculture and biotechnology area.
The global hair brush market is expected to grow around $679.2 million with a healthy CAGR during 2015-2022. The major factors that drive theglobal hair brush market are increasing demand for hair brushes in entertainment and fashion industry. Regular Usage of hair brushes is helpful in eliminating waste materials such as catarrh, uric acid crystals, and other impurities that stick to the scalp. There is increasing demand for different kinds of hair brushes such as vibrating massage hair brushes & folding brushes with compact designs of hair brushes for various purposes all over the world.
The global oncology molecular diagnostics market has contributed $1139.5 million in 2014 and it is expected to grow around $3391 million at the CAGR of 15% during 2015-2022. The major factors that drives the global oncology molecular diagnostics market are increasing demand for molecular diagnostic devices due to the increasing number of cancer patients all over the world.
The global nerve monitoring market is expected to grow around $2.1 billion till 2022 with the CAGR of 9.2% during forecasted period of 2015-2022, the key factor that are thrusting up the market is rise in ageing population. As the population of aged people increases, simultaneously the demand is also increasing for for advanced healthcare equipment’s. According to WHO more than 37% of elder and aged peoples are suffering from chronic diseases which requires special attention.
The global internet of things market is expected to grow at the CAGR of 33.6% during 2015-2022. The major factors that are driving market of internet of things are rising demand of cheaper and smarter sensor which are used in various applications such as smart energy, building home automation, connected health, smart manufacturing and many more. Apart from this, increasing adoption of cloud platforms and escalation of high speed network technology are driving the market. The increasing number of connected device is escalating the demand for high speed network technology.
The global nitrobenzene market is expected to grow at a CAGR of 3.4% during 2015-2022. The major factors driving the market are increasing demand of methylene diphenyl diisocyanate ( MDI), growing construction industry, and rising demand in Asia pacific region. Nitrobenzene is largely being used for the production of Methylene diphenyl diisocyanate that is used to make insulators used in building.
The global IOT microcontroller (MCU) market is expected to grow at the CAGR of 15.8% during 2015-2022. The major factors that are driving the global IOT microcontroller (MCU) market is the rapidly increasing internet of things market, advent of smart phones, tablet and touch screens and surging demand for automation across several end-user industries. Additionally, the most widely used consumer electronics products such as microwave ovens, television and washing machine also depends on MCUs for their operations.
The global aliphatic hydrocarbon solvents and thinners market is expected to grow at a CAGR of 1.8% during 2015-2022. The major factors that are driving the global aliphatic hydrocarbon solvents and thinners market are increase in demand for aliphatic hydrocarbon solvents and thinners in Asia Pacific, replacement of turpentine by mineral spirits, and high growth in paint and coating.
The global wire and spring product market is expected to grow at an impressive CAGR during 2015-2022. The major factors driving the market are raising application in daily use products, technological advancement and wide application as product and as component. The use of wire and spring is multipurpose, from a pen to automobiles the daily use of wires and spring is increasing rapidly. Another factor influencing the market is the technological advancement. Almost every sector including automobiles, construction, healthcare, agriculture is experiencing a wide technological development. The use of wire and spring is common in almost every machinery and devices resulting in growth of the wire and spring product market.
The global video games market is currently valued at $83.6 billion, it is expected to reach $118.4 billion by the forecasted year 2022 at a compounded annual growth rate of 9.1%. This growth accounts recent game changing technological advancement like wearable devices and virtual reality. These are the major driving factors of the video games market. This rapid growth is making this industry, the fastest growing component of international media sector.
The global theranostics market is expected to grow at an impressive CAGR during 2015-2022.The drivers which are growing the market are clinical features by the pharmaceutical companies, cost reduction, confined use of diagnostic experiments. The major factors driving the market is coordination between drug and diagnostics companies. For Example Amsterdam Castle and NyIncare are uplifting the research in theranostics devices and it is anticipated to further drive the growth of the theranostics market.
The global STD diagnostics market is currently valued at $100 billion which is anticipated to grow beyond $200 billion with a compounded annual growth rate of 8.9% during the forecasted period 2015to 2022. The increase in patient’s awareness and growing government initiatives are driving the growth of the market. Moreover, increasing population who prefer to have multiple sex partners is boosting the growth of the market.
Currently valued at $909 million, the global automotive wrap film market is expected to grow with compounded annual growth rate of 20.76% for the forecast period 2015-2022 and is expected to go beyond $4.2 billion. This rapid growth is estimated due to low setup cost, easy customization, and high durability and color options available. To safeguard the original color of automobiles using a wrap film is an easy and effective process. Automotive wraps are long lasting, provide safety to the original paint and easy to repair. Due to this reason they are becoming popular these days.
The global automotive airbag market is expected to grow at the CAGR of 10.2% during 2015-2022. Growth in death rate owing to increasing car accidents, rising awareness related to safety of vehicles and as well as raising trend towards advanced automotive technologies in order to minimize the impact of accidents are the key drivers for the growth of global automotive airbag market.