Bioactive Ingredient Market Is Segmented On The Basis Of Product, Application And Region 2014-2024

Global Bioactive Ingredient Market is expected to reach USD 51.71 billion by 2024, according to a new report by Grand View Research, Inc. Increasing disposable income coupled with growing health awareness among consumers is expected to aid the market growth. Their functional properties are capable of acting on the human metabolism physiology by providing potential health benefits.

The extraction of these bioactive compounds from original sources provides ample opportunities for adding value to food products and also improves the dietary patterns of the changed consumer’s lifestyle. They also help in preventing diseases related to heart, cancer, degenerative forms and Alzheimer’s.

Marine environment is a significant source for yielding bioactive components. Consumption of long-chain fatty acids by some fish species is strongly associated with protection from coronary heart diseases (CHD). Fish Origin Omega 3 PUFA oil are claimed to have a lot of health benefits related to a person’s diet.

Recently, it has been reported that there is an increasing demand for fish oils and fish oil fortified products across various regions. Marine organisms are potentially identified for calcium, antioxidants, anti-hypertensive proteins, selenium, and chitin. Their usage in functional food segment is regarded as the most important part and is expected to affect the overall market over the next eight years.

However, extraction of medicines derived from plants is affecting the environment by causing deforestation and is expected to affect the industry critically over the forecast period. Also, to meet the rising consumer's interest for these products, manufacturers is putting a lot of pressure on the marine organisms.

Recent technological advances such as microencapsulation are adopted for protecting bioactive ingredients from unwanted reactions and oxidation. There is a rising demand among manufacturers to find suitable solutions that provide higher productivity and adequate quality of the final products.

Access Full Research Report on Global Bioactive Ingredient Market:
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Further key findings from the report suggest:

• Fibers were the leading product segment and accounted for over 25% of global revenue in 2015. The effectiveness of fibers and rising awareness regarding its benefits are the primarily attributed reasons for this scenario.
• Functional food & beverage product segment is expected to witness the highest CAGR of 7.4% over the forecast period. The consumers owing to its potential health benefits prefer this segment.
• Asia Pacific was the leading consumer and accounted for over 35% of total revenue in 2015. The region is also expected to witness the highest growth of 7.5% over the next eight years. Changing lifestyle coupled with rising health consciousness among people particularly in China and India is drive the regional growth.
• Key industry participants include Mazza Innovation Ltd., Sabinsa Corporation, Ingredion Incorporated, BASF, Cargill Inc, Ajinomoto Co. Inc, Archer Daniel Midland Company and DuPont.

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Grand View Research has segmented the Global Bioactive Ingredient Market on the basis of product, application and region:

Global Bioactive Ingredients Product Outlook (Revenue, USD Billion, 2014 - 2024)

• Fiber
• Vitamins
• Omega 3 PUFA
• Plant extracts
• Minerals
• Carotenoids & antioxidants
• Probiotics
• Other types

Global Bioactive Ingredients Application Outlook (Revenue, USD Billion, 2014 - 2024)

• Functional food & beverages
• Dietary supplements
• Clinical Nutrition
• Personal care
• Other products

Global Bioactive Ingredients Regional Outlook (Revenue, USD Billion, 2014- 2024)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Central & South America
• Middle East & Africa

Access Press Release on this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-bioactive-ingredients-market     

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Bio Polyurethane (PU) Market Is growing at an estimated CAGR of 6.5% from 2014 to 2020

Global Bio Polyurethane (PU) Market is expected to reach USD 37.5 million by 2020, according to a new study by Grand View Research, Inc. Growing preference for bio plastics on account of environmental concerns, is expected to drive global bio-PU market over the next six years. Growing demand for sustainable products from construction, automotive and footwear industries is also expected to have a positive influence on market growth. Complex manufacturing process and high cost compared to its synthetic counterpart is expected to remain a key challenge for bio-PU market participants.

Flexible foam was the largest product segment and accounted for 49% of total market volume in 2013. Increasing demand from automotive and furniture industries coupled with consumer shift towards adoption of bio-based products is expected to drive this segment. Flexible foam is also expected to witness the highest growth rate over the next six years. The segment is expected to grow at an estimated CAGR of 6.7% from 2014 to 2020.

Access Full Research Report on Global Bio Polyurethane (PU) Market Analysis:
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Further key findings from the study suggest:

• Global bio-PU market was 1,634.0 tons in 2013 and is expected to exceed 2,546.6 tons by 2020, growing at an estimated CAGR of 6.5% from 2014 to 2020.
• Construction was the largest end-use industry for bio-PU market and accounted for 35% of total volume in 2013. Increasing construction of green buildings coupled with growing consumer preference towards eco-friendly construction materials such as spray foams and coatings, adhesives, sealants & elastomers (CASE) is expected to drive the market.
• Automotive applications are expected to dominate bio-PU market, with demand estimated to grow at a CAGR of 7% from 2014 to 2020. Increasing flexible foam demand from major automotive OEMs, especially in the U.S., for car seats, headrests and dashboard is expected to drive the market. European Commission regulation for reducing vehicle weight in order to limit emissions is also expected to have a positive impact on the market growth.
• Asia Pacific was the largest regional market and accounted for over 30% of total volume in 2013. Availability of natural oil in abundance particularly in South East Asia coupled with government support in the form of tax benefits and financial incentives in countries such as China and India is expected to drive the regional bio-based PU market. Asia Pacific is also expected to witness the highest growth rate over the next six years, at an estimated CAGR of 8.4% from 2014 to 2020.
• Major synthetic polyurethane manufactures have shifted focus towards developing sustainable and environment friendly products. For this purpose, several market players have collaborated with biotechnology firms to synergize their expertise to manufacture bio-based polyurethane. For instance, Lubrizol acquired Merquinsa and integrated its bio TPU products to its portfolio in November 2011. Other major players operating in global bio-based PU market include BASF SE, Bayer MaterialScience, The Dow Chemical Company, Biobased Technologies and Mitsui Chemicals.

View more related reports from same category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals

For the purpose of this study, Grand View Research has segmented the Global Bio-Based Polyurethane (PU) Market on the basis of product, end-use and region:

Global Bio-Based Polyurethane (PU) Product Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2020)
    • Rigid Foams
    • Flexible Foams
    • CASE
    • Others
Global Bio-Based Polyurethane (PU) End-Use Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2020)
    • Furniture & Interiors
    • Construction
    • Automotive
    • Footwear
    • Others
Global Bio-Based Polyurethane (PU) Regional Outlook (Volume, Tons, Revenue, USD Million, 2012 - 2020)
    • North America
    • Europe
    • Asia Pacific
    • RoW

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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Bio Vanillin Market Is Segmented On The Basis Of End Use And Region 2013-2024

Global Bio-Vanillin Market is expected to reach USD 227.7 million by 2024, according to a new report by Grand View Research, Inc. Bio vanillin is used in a broad range of applications including food & beverages, cosmetics, and pharmaceuticals on account of its superior flavor inducing properties which will result in propelling demand over the forecast period.

Increasing production through the microbial conversion process will be a major factor in realizing the full potential of bio vanillin over the forecast period. This factor will have a positive impact on the overall market. Its ability to mask the bitter taste in medicines will also play a significant role in increasing its penetration in the pharmaceutical sector.

Access Full Research Report on Global Bio Vanillin Market: http://www.grandviewresearch.com/industry-analysis/bio-vanillin-market

Further key findings from the report suggest:

• Pharmaceuticals are expected to remain a high potential segment for the product owing to its increasing application as a flavoring agent in various medicinal syrups and tablets. It is projected to experience significant volume gains at a CAGR of 8.3% over the forecast period. Moreover, its non-dispersive properties make it a viable option for use as an intermediate for synthesizing pharmaceuticals.
• Fragrances were the second largest segment and accounted for 24.2% of the global volume share in 2015. Flavors and fragrances have a broad range of applications in various industries including cosmetics, detergents, personal care products, and chemical formulations. Growing consumer awareness about natural products has also influenced the demand for natural fragrances.
• Asia Pacific was the largest market accounting for 37.9% of the global volume share in 2015. The growth of the food & beverage sector in emerging economies including China and India has been a primary growth factor for driving the demand for flavors & fragrances.
• Asia Pacific was the largest producer of natural vanillin owing to the presence of vast farmlands of the crop in Malaysia. However, high demand for vanillin which outpaces the production on account of the presence of numerous food & beverage and pharmaceutical manufacturers has resulted in manufacturers looking at alternative methods of increasing production. Growing demand for biobased products due to their environment friendly characteristics and properties equivalent to synthetic counterparts has led to an increasing commercialization and usage of bio vanillin over the past few years, and the trend is anticipated to continue over the forecast period.
• Europe is expected to witness substantial gains over the forecast period on account of high consumer demand for biobased products. Moreover, the presence of stringent regulatory framework supporting the use of biobased products, especially in food & beverages and fragrances, is expected to propel the demand for bio vanillin in the region over the forecast period.
• Major bio vanillin manufacturers include Ennloys, Solvay S.A., Apple Flavor & Fragrance Group Co Ltd, International Flavors & Fragrances, Inc. and Evolva Holding. Joint ventures and partnerships are expected to be a key feature of the market to develop advanced biotechnology.

View More related reports from same category by Grand View Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the Global Bio Vanillin Market by end use and region:

Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

• Food & beverage
• Fragrance
• Pharmaceuticals

Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024)

• North America
• U.S.
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa (MEA)

Access Press Release on this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-bio-vanillin-market  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Vertical Farming Market Quantitative Analysis By Market Size, Estimates, And Forecast From 2014 To 2025

Global Vertical Farming Market is anticipated to reach USD 9.9 billion by 2025, according to a new report by Grand View Research, Inc. The increased use of Internet of Things (IoT) sensors, for producing crops, is likely to spur the market demand over the forecast period. The information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data & predictive analytics, for maximizing yields, are also likely to drive the market.

Genetically modified organisms and environmental & health effects of pesticides & other non-natural substances that are used for increasing agricultural production have encouraged the consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by 11% in 2015, owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990 the handlers and growers of organic products need to comply with the regulations

Artificial lighting helps in extending the hours of the natural daylight which further increases the health, growth rate and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting can extend the availability of crops (throughout a season). LED lighting systems produce dual-band color spectrum and generate low heat. They are anticipated to witness significant growth over the forecast period.

Hydroponic system is a method of growing plants without soil. A hydroponic system eliminates the need for pesticides and artificial ripening agents and helps in producing nutritionally-rich vegetables. However, factors, such as high initial investment and fewer crop varieties, are likely to restrain the market growth.

Access Full Research Report on Global Vertical Farming Market:
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Further key findings from the report suggest:

• The escalating production of biopharmaceutical products is anticipated to drive the market
• The building-based segment is expected to portray high growth rate with a CAGR of 24.8% over the projected period
• The climate control segment is expected to witness high growth rate over the forecast period, as the growth of crops can be controlled by monitoring and adjusting the concentrations of minerals
• The aeroponics segment is also expected to have considerable growth over the forecast period, as the aeroponics facilitates fast growth in plants (under normal conditions)
• The North American regional market is expected to have significant growth over the forecast period, owing to the expansion of small-scale, commercial vertical farms
• The key players of the market include BrightFarms (U.S.), Everlight Electronics Co., Ltd. (Taiwan), and Green Sense Farms, LLC (U.S.)

View More Related Reports from same category by Grand View Research: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Vertical Farming Market based on structure, offering, growing mechanism, and regions:

Vertical Farming Structure Outlook (Revenue, USD Million; 2014 - 2025)

• Shipping container
• Building-based

Vertical Farming Offering Outlook (Revenue, USD Million; 2014 - 2025)

• Lighting
• Hydroponic components
• Climate control
• Sensors

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million; 2014 - 2025)

• Hydroponics
• Aeroponics
• Aquaponics

Vertical Farming Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• Middle East and Africa (MEA)

Access Press Release on this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-vertical-farming-market  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Millimeter Wave (MMW) Technology Market Is Segmented On The Basis Of Product, Component, Application, Frequency Band, And Region 2014-2025

Global Millimeter Wave (MMW) Technology Market is estimated to reach USD 8.69 billion by 2025, according to the new report by Grand View Research, Inc. Millimeter waves are radio frequencies operating in the electromagnetic spectrum of 30 GHz to 300GHz, also known as Extremely High-Frequency (EHF) range. As the millimeter waves are capable of transmitting large amounts of data with greater efficiency, they hold a major application across the telecommunication industry.

Currently, fiber-optic cables are one of the best transmission mediums being used, extensively, for data transmission. However, the fiber optics technology is extremely costly and the network is highly tedious to install, posing the millimeter wave technology as an appealing alternative for the fiber-optics medium.

The millimeter waves technology market is highly consolidated, in terms of applications and components, where it is extensively used. The major application areas of the technology include telecommunication, military & defense, medical, and security services. The advancements in the telecom industry are leading to the evolution of next-generation technologies such as 5G.

Owing to the demand for higher bandwidths in the fifth-generation technology, millimeter waves are expected to play a prominent role in the development of 5G technology. As the market is experiencing a shift toward the adoption of fifth-generation technology, the millimeter wave technology market is thus anticipated to grow, significantly, during the forecast period.

Moving further, the increasing focus of the governments and international security authorities toward curbing down the global threats, looming due to the increasing terrorist activities, such as plane hijacking and bomb-blasts, is leading to the adoption of enhanced security measures. These measures prominently include the adoption of millimeter wave scanners across international airports and other crowded places in the urban areas.

The increasing demand of MMW scanners for security purposes is expected to boost the MMW technology market. The emerging markets of the Asia Pacific and South America & MEA regions are the expected to be the potential markets capable of offering strong growth opportunities for the technology, owing to the increasing awareness of security measures.

Intensive R&D activities and investments from the private and publics sectors, coupled with government funding & initiatives, are paving way for improved technologies. Additionally, the increasing use of MMW in the telecom sector and small cell backhaul applications are projected to be the key driving factors responsible for the overall industry growth.

North America contributed for the majority of the market share of more than 45.0% in 2015. The massive market share across the region can be accredited to the extensive adoption of the MMW technology in several sectors. However, the Asia Pacific region is expected to exhibit the remarkable growth over the estimated duration.

The millimeter waves are prone to environmental conditions such as rainfall, humidity, and fog, as their propagation characteristics are hampered by these conditions. Besides, range limitations and line-of-sight communication are few other factors that may hinder the applications of the technology. However, the obstructions hindering the growth of the market are expected to overcome with time, lowering their impact, owing to the intense R&D being carried out by the researchers and the key players in the MMW technology area.

Access Full Research Report on Global Millimeter Wave (MMW) Technology Market:
http://www.grandviewresearch.com/industry-analysis/millimeter-wave-mmw-technology-market

Further key findings from the report suggest:

• The millimeter wave technology is gaining attraction, owing to its ability to transmit large amounts of data with greater efficiency
• Furthermore, the increasing use of MMW technology in small-cell backhaul applications and the upcoming 5G technology are expected to drive the market, worldwide
• The radar & satellite communication systems segment is projected to dominate the market with the fastest growing CAGR of beyond 42.0% during the forecast period
• As the fiber-optics technology is a costly medium for data transmission, millimeter waves are gaining traction, owing to their lower cost and equally efficient technology
• The E-band frequency segment is poised to witness the highest growth rate, owing to its extensive applications in telecommunication equipment and products
• The Asia Pacific market is anticipated to undergo a considerable shift on account of the increasing telecommunication and military & defense applications in countries such as China, and Japan.
• The prominent players in the millimeter wave industry include Siklu Communication Ltd., Sage Millimeter, Inc., Keysight Technologies, Inc., and Bridgewave Communications, Inc.

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Grand View Research has segmented the Global Millimeter Wave (MMW) Technology Market based on product, component, application, frequency band, and region:

MMW Technology Product Outlook (Revenue, USD Million; 2014 - 2025)

• Telecommunication Equipment
• Imaging & Scanning Systems
• Radar & Satellite Communication Systems

MMW Technology Component Outlook (Revenue, USD Million; 2014 - 2025)

• Antennas & Transceivers
• Amplifiers
• Oscillators
• Control Devices
• Frequency Converters
• Passive Components
• Others

MMW Technology Application Outlook (Revenue, USD Million; 2014 - 2025)

• Telecommunications
• Military & Defense
• Automotive & Transport
• Healthcare
• Electronics & Semiconductor
• Security

MMW Technology Frequency Band Outlook (Revenue, USD Million; 2014 - 2025)

• V-Band
• E-Band
• Other Frequency Bands

MMW Technology Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• South America and The Middle East & Africa (MEA)

Access Blog on this research report by Grand View Research: http://www.grandviewresearch.com/blog/millimetre-wave-mmw-technology-market-size-share 

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Interactive Projectors Market Is Segmented on the basis of technology, projection distance, application, and region 2014-2025

Global Interactive Projectors Market is anticipated to reach USD 4.56 billion by 2025, according to a new report by Grand View Research, Inc. An interactive projector is an institutional tool that makes any surface interactive. It offers efficient user interaction, real-time learning, multi-touch collaboration, and PC-free interactivity and enables easy integration of materials.

Embedded and energy efficient projection technology offers smart devices that use gesture interface and simple touch to interact with users. The increasing adoption of e-learning in the education and corporate sector is expected to drive the demand for the interactive projector market. With the advent of faster telecommunication technologies and networking, the e-learning market is anticipated to witness a significant growth over the projected period. The developing countries like Malaysia, Vietnam, and Thailand transformed the interactive projector marekt into a bustling industry with vast revenue opportunities for e-learning.

The Bring Your Own Device (BYOD) market is driven by factors such as reduced hardware cost and increased proliferation of smartphones. Employees prefer using a single device for both professional and personal work to avoid theft and difficulty involved in carrying two separate devices; influencing the interactive projector demand. The increasing focus on product innovations, such as integration of projector with handheld digital cameras and mobile phones. is anticipated to improve the functionality of a projector in the education segment.

Technology obsolescence is one of the major factors expected to hinder the market demand. Furthermore, vendor-developer partnerships may pose numerous challenges. The growing need for highly developed IT infrastructure is anticipated to be a challenge for the industry demand. Additionally, the advent of these services in smartphones and tablets is projected to fuel the market demand in the upcoming years.

Access Full Research Report on Global Interactive Projectors Market:
http://www.grandviewresearch.com/industry-analysis/interactive-projector-market

Further key findings from the report suggest:

• Increasing penetration of open IoT platform that supports various applications, networks, and devices is likely to spur the market demand
• The Liquid-Crystal-on-Silicon (LCoS) projection technology is expected to portray high growth rate with a CAGR of over 24.4% over the projected period
• The 3LCD technology segment dominated the market in terms of revenue in 2016 as it provides higher color light output
• The increasing focus on product innovations, such as integration with handheld digital cameras and mobile phones, is anticipated to improve projector functionalities in the education segment
• The ultra-short throw segment is expected to have high growth rate over the forecast period
• Various government initiatives undertaken by the emerging economies of the Asia Pacific region, to modernize the education sector, are expected to drive the market demand
• The key players of the market include Optoma Technology, Inc. (U.S.), Delta Electronics, Inc. (Taiwan), Panasonic Corp. (Japan), and Boxlight Mimio (U.S.)

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Interactive Projector Market based on technology, projection distance, application, and region:

Interactive Projector Technology Outlook (Revenue, USD Million, 2014 - 2025)

• Digital Light Processing (DLP)
• 3LCD
• Liquid-Crystal-on-Silicon (LCoS)

Interactive Projector Projection Distance Outlook (Revenue, USD Million, 2014 - 2025)

• Standard throw
• Short throw
• Ultra-short throw

Interactive Projector Application Outlook (Revenue, USD Million, 2014 - 2025)

• Education
• Business
• Healthcare
• Others

Interactive Projector Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• The Middle East and Africa (MEA)

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-interactive-projector-market 

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Radiation Oncology Market Is Segmented On The Basis Of Product, Application, Technology, And Region 2014-2025

Global Radiation Oncology Market is expected to reach USD 10.1 billion by 2025, according to a new report by Grand View Research, Inc. Rising prevalence of cancer is the prime factor responsible for substantial growth of radiation oncology market over the forecast period.

Technological advancements in radiotherapy resulted in increased adoption of radiation oncology as primary treatment line of cancer. Development of compact advanced radiotherapy options such as CyberKnife, Gamma Knife, and tomotherapy complemented this growth. These advanced methods pose lesser postoperative complications and faster recovery time.

Increasing per capita healthcare expenditure is also an important macroeconomic factor driving the market growth. In addition, with the aid of supportive government initiatives and awareness, patients are not hesitant to opt for advanced treatment options. For instance, per capita health expenditure witnessed exponential growth of more than 55.0% from 1995 to 2014, as stated by the World Bank Group.

Access Full research report on Global Radiation Oncology Market: http://www.grandviewresearch.com/industry-analysis/radiation-oncology-market

Further key findings from the study suggest:

• External Beam Radiation Therapy (EBRT) inclusive of compact advanced radiation therapy, proton therapy, and Linear Accelerator (LINAC), held lucrative share in the product segment of radiation oncology market in 2016.
• Brachytherapy is likely to gain maximum share over the next eight years. Extensive usage of brachytherapy for the treatment of prostate and breast cancer is anticipated to govern the growth.
• EBRT applications inclusive of prostate treatment, breast, lung, colorectal, head, and neck cancer dominated application segment.
• Image Guided Radiation Therapy (IGRT) contributed to technology with around 13.0% share in 2016. In this method, overall objective is to minimize the exposure to the healthy surrounding tissue.
• 3-D CRT technology is anticipated to grow at a lucrative growth rate over the next 8 years. In this technique, radiation beams form the shape at the specific site of cancer.
• North America held maximum share in global radiation oncology market in 2016. Developed health infrastructure, presence of many multinational players, and greater per capita health infrastructure are the key factors contributing to the dominance of this region over the forecast period.
• However, uncertain health reforms post the U.S. presidential election of 2016 coupled with shortage in supply of radiopharmaceuticals is likely to hinder the growth in this region.
• Varian Medical Systems, Elekta AB, Accuray Incorporated, Ion Beam Applications SA, C.R. Bard, Inc., IsoRay, Inc., Mevion Medical Systems, Nordion (Canada) Inc., NTP, and Mallinckrodt Public Limited Company are some of the key players operating in radiation oncology market.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Radiation Oncology Market by product, application, technology, and region:

Radiation Oncology Product Outlook (Revenue, USD Million; 2014 - 2025)

• External Beam Radiation Therapy

·         Electron-Emitting High-Energy Linear Accelerators (Linac)

·         Compact Advanced Radiotherapy Systems

§  Cyberknife

§  Gamma Knife

§  Tomotherapy

·         Proton Therapy

§  Cyclotron

§  Synchrotron

·         Brachytherapy

·         Seeds

·         Applicators and Afterloaders

·         Electronic Brachytherapy

·         Systemic Beam Radiation Therapy

·         Others

Radiation Oncology Application Outlook (Revenue, USD Million; 2014 - 2025)

• External Beam Radiation Therapy
• Prostate Cancer
• Breast Cancer
• Lung Cancer
• Head and Neck Cancer
• Colorectal Cancer
• Others
• Internal Beam Radiation Therapy
• Prostate Cancer
• Gynecological Cancer
• Breast Cancer
• Cervical Cancer
• Penile Cancer
• Others

Radiation Oncology Technology Outlook (Revenue, USD Million; 2014 - 2025)

• External Beam Radiation Therapy
• Image-Guided Radiotherapy (IGRT)
• Intensity Modulated Radiotherapy (IMRT)
• Stereotactic Technology
• Proton Beam Therapy
• 3D Conformal Radiotherapy (3D CRT)
• Volumetric Modulated Arc Therapy (VMAT)
• Brachytherapy
• Low-Dose Rate Brachytherapy
• High-Dose Rate Brachytherapy
• Systemic Beam Radiation Therapy
• Others

Radiation Oncology Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Mexico
• Brazil
• MEA
• South Africa

Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-radiation-oncology-market  

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com