Connected Car Market Is Expected To Grow At A CAGR Of Approximately 28% Over The Forecast Period 2012-2022

Global Connected Car Market size is expected to reach USD 180.30 billion by 2022, according to a new study by Grand View Research, Inc. Surging consumer demand, constant need for connectivity, increased dependency on technology and the growing number of tech-savvy people are some of the factors expected to boost global connected car market growth.

Connected cars offer connectivity on wheels providing comfort, performance along with safety and security. Such an advanced technology enables the driver and passengers to connect with various online platforms that facilitate real-time communication on the go.

The connected car market has the potential to significantly boost revenues of automobile manufacturers over the next five to seven years. Car manufacturers are expected to deliver the right mix of application and product packages for the right customers, and must systematically invest in R&D if they are willing to maintain their technological leadership.

Increasing regulations by governments and transportation authorities for the installation of advanced safety and vehicle to vehicle communications systems are expected to positively impact industry growth.

Full Research Report on Global Connected Car Market:
http://www.grandviewresearch.com/industry-analysis/connected-car-market

Further key findings from the study suggest:

• Safety applications dominated the global connected car industry, accounting for over 34% of the share in 2014. The inclusion of safety technologies such as danger warning systems, automatic emergency calling, blind spot alerts, anti-collision systems that prevent accidents in automobiles has made modern cars safer and accident-proof. This is expected to result in an overall reduction in road mishaps and accidents thus reducing the overall on road fatalities.
• Growing at a CAGR of over 31% from 2015 to 2022, driver assistance systems are expected to gain prominence over the forecast period. Recent advancements in driver assistances systems such as Volkswagen’s Emergency Assist, that automatically applies the brakes and stops a car in case of an emergency and BMW’s autonomous parking valet, that automatically parks a car even after the passenger’s exit have set benchmarks for driver assistance systems in the connected vehicle industry.
• Asia Pacific is expected to grow at a CAGR of over 29% over the forecast period due to considerable automobile demand in the region coupled with a relatively untapped market for sophisticated automotive communications in the region. Countries such as China and India are expected to drive the industry growth during the next seven years. Automobile manufacturers and technology giants across the world are striving hard to provide advanced vehicle management and safety technologies in the budget car segment as well. Regulation by the European department of transportation in association with the governments have mandated the installation of eCall emergence calling systems and other advanced telematics systems for safety purposes in all new vehicles manufactured after the year 2014.
• Technological and product innovations have driven the highly dynamic market. Industry participants include major automobile manufacturers and telecommunication giants such as Audi AG, Alcatel Lucent, Apple Inc, BMW, Ford Motors, and Google Inc. Manufacturers resort to mergers, acquisitions and strategic alliances with technological and network service providers as their key growth strategy to make their presence felt in the industry.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the Global Connected Car Market on the basis of application and region:

Connected Car Application Outlook (Revenue, USD Billion, 2012 - 2022)

• Vehicle Management
• Driver Assistance
• Mobility Management
• Safety
• Entertainment
• Others

Connected Car Regional Outlook (Revenue, USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-connected-car-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

Conformal Coating Market Is Segmented On The Basis Of Product, Application And Region 2013-2024

Global Conformal Coating Market is expected to reach USD 15.92 billion by 2024, according to a new report by Grand View Research, Inc. Rising demand for conformal coatings in the consumer electronics and automotive industry ow is expected to drive the market growth over the next eight years.

The market is subject to volatile raw material prices. Increasing concerns regarding high VOC content in these coatings is likely to negate growth. Stringent regulations implemented by various government and federal agencies regarding VOC emissions coupled with rising penetration of water based coatings is likely to have a positive impact on demand over the forecast period.

Growing R&D investments by major industry players to develop unique and innovative products & processing technologies such as selective needle dispensing, ultrasonic coatings and even selective film coatings is expected to simplify application procedure which in turn is expected to increase demand over the forecast period.

Full Research Report on Global Conformal Coating Market:
http://www.grandviewresearch.com/industry-analysis/conformal-coating-market

Further key findings from the report suggest:

• Acrylic conformal coating was the largest product segment, accounting for over 40% of the overall revenue share in 2015. Superior characteristics including moisture and dust resistance provided by the product is expected to augment growth. In addition, rising demand for the product in automotive electronics is expected to propel demand over the next eight years.
• Medical application accounted for a little over 16% of the overall revenue share in 2015. The growing demand for imaging and therapeutic devices is expected to drive market growth for the product in the industry. Growing use of the product in medical electronics in order to reduce risk of corrosion and heating is expected to drive growth.
• Automotive industry accounted for over 20% of the total share in 2015. Technological advancement and utilization of electronic devices for entertainment, GPS and safety system is expected to aid automotive devices market demand which in turn is anticipated to augment conformal coatings growth in the industry.
• Asia Pacific to account for over 55% of the overall revenue share in 2015 on account of the presence of OEMs of European and American market players. China plays a vital role with respect to manufacturing of electronics owing to inexpensive labor cost and low raw material cost on account of which China is expected to contribute to over 50% of the total Asia Pacific market share.
• Key players in the industry include Henkel AG & Company, KGaA, Shin-Etsu Chemical Co., Ltd., DOW Corning, H. B. Fuller, Chase Corporation, Electrolube, MG Chemicals and Chemtronics.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

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

Conformal coating market Product Outlook (Revenue, USD Million, 2013 - 2024)

• Acrylic
• Urethane
• Epoxy
• Silicone
• Parylene

Conformal coating market Application Outlook (Revenue, USD Million, 2013 - 2024)

• Consumer electronics
• Automotive
• Medical
• Aerospace & Defense
• Others

Conformal coating market Regional Outlook (Revenue, USD Million, 2013 - 2024)

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

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-conformal-coating-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

Conductive Ink Market Is Presumed To Grow At An Estimated CAGR Of 4.1% Over Forecast Period 2014-2024

Global Conductive Ink Market is expected to reach USD 4.37 billion by 2024, according to a new report by Grand View Research, Inc. Robust demand for miniaturization coupled with efficiency in the electronics industry is expected to fuel the global conductive ink market over the forecast period. These inks are also likely to replace bulky energy consuming wire and circuits in the future. Conductive inks are smaller in size and provide better durability & efficiency as compared to traditional wire circuits.

Factors such as lack of product education, advertisements and information sharing on the part of the manufacturers are expected to critically impact the total market over the forecast period. Researchers and renowned brand owners are trying to overcome these difficulties through the help of media, which is anticipated to create new avenues for industry participants.

In recent years, silver conductive inks have been widely used for various applications owing to its excellent printability and conductivity. However, high prices coupled with scarce availability have forced the manufacturers to introduce its alternatives, which are relatively less expensive, and exhibits same qualities as silver. Copper-based & graphene-based conductive inks are less costly and free from aggregation & oxidation problems.

Moreover, recent advances are being made by manufacturers to introduce newer formulations containing minimal silver formulations. ABLESTIK ECIV-1001, primarily used in automobile application, is a traditional conductive silver ink which is inexpensive and has less silver content.

Full Research Report on Global Conductive Ink Market Analysis:
http://www.grandviewresearch.com/industry-analysis/conductive-ink-market

Further key findings from the report suggest:

• Conductive ink usage in display technology is presumed to grow at an estimated CAGR of 4.1% over the next eight years. This technology is widely used in smart phone innovations and other electronic devices. The increased levels of resolutions coupled with better picture density have resulted in the growth of conductive inks. Silver inks are being widely used in flexible circuitry display devices.
• Asia Pacific emerged as the most dominant regional market and accounted for over70% of total market revenue in 2015. The regional growth can be attributed to the continuous expansion of consumer electronics, printed electronics, and photovoltaic application segment.
• The global conductive ink market is consolidated in nature as a handful number of industry participants holding a major share of the overall market. Industry participants include Polyink, Novacentix, Creative Material, Inc., Sun Chemical Corporation, Voxel 8, and Johnson Matthey Color Technology.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks

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

Global Conductive Ink Product Outlook (USD Million, 2014 - 2024)

• Conductive silver ink
• Conductive copper ink
• Conductive Nanotube ink
• Di electric ink
• Carbon/graphene ink
• Conductive polymer
• Others

Global Conductive Ink Application Outlook (USD Million, 2014 - 2024)

• Photovoltaic
• Membrane switches
• Displays
• Smart packaging
• Printed circuit boards
• Biosensors
• Automotives
• Others

Global Conductive Ink Regional Outlook (USD Million, 2014 - 2024)

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

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-conductive-ink-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

Computerized Physician Order Entry Market Is Expected To Grow At A CAGR Of 6.2% Over The Forecast Period 2013-2024

Global Computerized Physician/Provider Order Entry (CPOE) Market is expected to reach USD 1.9 billion by 2024, according to a new report by Grand View Research, Inc. Government and other independent healthcare organizations are striving to streamline care delivery process with the prime objectives of bringing automation, reducing errors, and bringing an overall reduction in clinical decision time especially in the developed economies. CPOE provides a viable platform to support aforementioned objectives. Hence, promotion by government agencies as well as healthcare organizations is spurring the growth of the CPOE market. In addition, increasing incidence of medication errors, caused by poor legibility, communication, and patient misuse, favor the implementation of CPOE. Furthermore, consistent influx of technologically advanced systems such as integrated CPOE with added benefits such as inventory management and easy documentation, act as a vital driver of CPOE market growth.

Full Research Report on Global Computerized Physician Order Entry (CPOE) Market:
http://www.grandviewresearch.com/industry-analysis/computerized-physician-order-entry-cpoe-market

Further Key Findings from the Study Suggest:

• The computerized physician order entry (CPOE) services sub-segment dominated the component segment in 2015. Enhanced outsourcing of several services coupled with increasing involvement of the professional skills contributed to their growth as compared to CPOE hardware and software sub-segments. Moreover, outsourcing renders increased process efficiency along with development of core competencies and reduced costs.
• Integrated CPOE systems held a substantial share of more than 70.0% in 2015. Also, this segment is projected to witness lucrative growth over the forecast period, which can be attributed to their competent connectivity across various functionalities such as nursing, pharmacy, and procurement. 

• Web-based deployment delivery mode segment witnessed highest demand in 2015, increasing penetration of internet services and augmented digital literacy contributed to emergent demand for these services. 

• On the other hand, cloud-based delivery systems are anticipated to gain substantial market share over the forecast period.  These systems are facilitated with features such as remote data access and data security which render a competitive edge over other systems. 

• Hospitals led the end-use segment and are also expected to witness lucrative growth in the next 8 years. Greater volume of patients as compared to other end users is the prime factor responsible for high preference of hospitals thereby driving the market growth.  

• North America, especially the U.S., with its advanced healthcare systems and early adoption of several advanced technologies held a commanding share of more than 50.0% in the global CPOE market. Availability of supportive infrastructure and presence of leading market players in this region positively influenced this region’s growth. 

• Asia Pacific is projected to grow with a sturdy rate over the forecast period. Large target population base coupled with increasing preference for advanced technological platforms and high unmet needs present market players with the opportunity to invest in this region. 

• Some of the key players in this market include IBM, Oracle Corporation, SAS, Cerner Corporation, Allscripts, OptumHealth, and Verisk. The notable initiatives in the industry include new product launches, collaboration with government bodies, and investments in R&D. 

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

Grand View Research has segmented the Global Computerized Physician Order Entry (CPOE) Market on the basis of Types, Component, Delivery Mode, End Use, And Region:

Global CPOE Market by Type (USD Million), 2013 - 2024

• Integrated
• Standalone

Global CPOE Market by Component (USD Million), 2013 - 2024

• Software
• Hardware
• Services

Global CPOE Market by Delivery Mode (USD Million), 2013 - 2024

• On-Premises
• Web Based
• Cloud Based

Global CPOE Market by End Use (USD Million), 2013 - 2024

• Hospital
• Ambulatory Centers
• Physician’s Office
• Emergency Healthcare Centers

CPOE Market by Region (USD Million), 2013 - 2024

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

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-computerized-physician-order-entry-cpoe-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

Computer Aided Detection Market Is Segmented On The Basis Of Application, Breast Cad Imaging Modalities, Imaging Modalities, And Region 2012-2022

Global Computer Aided Detection (CAD) Market is expected to reach USD 1.9 billion by 2022, according to a new report by Grand View Research Inc. CAD software tools have been introduced to support radiologists to cope with the growing number of images requiring interpretation. Increasing incidence rate of breast, prostate and lung cancer, rising technological advancements, and increasing use of CAD with other imaging modalities such as ultrasound and magnetic resonance imaging are expected to serve this industry as high-impact rendering drivers. 

In the U.S., prostate cancer is one of the most common cancers amongst men and has increased the demand for multi-parametric Magnetic Resonance Imaging (MP-MRI) CADx systems for diagnosis and detection of prostate cancer. 

In screening mammography, the traditional concept of double reading by the second clinician is expected to be replaced by CAD, of breast cancer completely. This is due to the additional reimbursement generated by computer-aided detection unlike the double readings that demand more of radiologists’ time without any reimbursement for the second read. 

Wide research has been undertaken to come up with new findings establishing the relation of cancer with anatomy. For instance, Johns Hopkins researchers established the presence of dense clumps of bacteria in ascending colon to cancer. 

CAD is most widely used for breast cancer imaging due to a higher incidence of cancer in women with morbidity of 14 million new cases and 8.2 deaths according to the WHO 2012. With the increasing demand for imaging and the growing rate of chronic diseases, the demand for imaging technologies is expected to increase. Computer aided detection is now used with other imaging modalities such as ultrasound, nuclear imaging, magnetic resonance imaging, etc. 

In 2014, mammography dominated the industry as the prevalence of cancer is high and is the leading cause of morbidity and mortality. According to the World Cancer Research Fund International 2012, North America and Oceania have the highest incidence rate of breast cancer and Asia and Africa has the lowest. 

Digital imaging technique advancements are the other contributing factors for market growth as it has increased ease-of-integration of CAD solutions with imaging equipment and has also improved the efficiency of computer aided detection solutions.

Full Research Report on Global Computer Aided Detection (CAD) Market:
http://www.grandviewresearch.com/industry-analysis/computer-aided-detection-market

Further key findings from the study suggest:

• In 2014, mammography dominated the market due to the fact that it has high potential for breast cancer imaging and was one of the first segments in which companies developed CAD software and till date most of it is working on this indication.
• According to the WHO data 2012, there were 14 million new cases of breast cancer. The increasing awareness has led increase in regular cancer check-ups as a preventive step.
• The demand for CAD has grown in chest imaging such as low-dose lung cancer screening due to Multidetector Computed Tomography (MDCT) indications. Furthermore, CAD has been brought in use for established areas of chest CT such as diagnosis of interstitial lung disease and acute Pulmonary Embolism (PE).
• CAD is also used with other imaging modalities such as x-ray, computed tomography, and ultrasound. Out of these, the use of CAD for x-ray imaging is the highest as it is the basic imaging and due to the recent advances overcoming its limitations of soft tissue imaging.
• North America was the most revenue generating region of the market. The market contributed more than 40% of the revenue in 2014. Constant efforts to fuel the market with newer technologies and the use of computer aided detection for integrative diagnosis apart from image analysis are expected to drive regional market growth over the forecast period.
• Asia Pacific and Europe are expected to spearhead future market growth due to the availability of cost-effective technologies and rise in medical tourism. UK cancer patients mostly treat themselves in Eastern Europe, Germany, France, and Spain as these nations specialize in cancer treatments, and as flights to these destinations are relatively cheaper and consume lesser time.
• Key market players are EDDA Technology, Inc., FUJIFILM Medical Systems, Hitachi High Technologies Corporation, Hologic Inc., iCAD, Inc., Vucomp, McKesson Corporation, Philips Healthcare, Siemens Healthcare, and Toshiba Medical Systems Corporation. 

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

Grand View Research has segmented the Global Computer Aided Detection (CAD) Market on the basis of application, breast CAD imaging modalities, imaging modalities, and region: 

Global Computer Aided Detection (CAD) Application Outlook (Revenue, USD Million, 2012 - 2022)

• Breast Cancer
• Lung Cancer
• Colon/ Rectal Cancer
• Prostate Cancer
• Liver Cancer
• Bone Cancer
• Neurological/ Musculoskeletal/ Cardiovascular

Global Breast CAD Imaging Modalities Outlook (Revenue, USD Million, 2012 - 2022)

• Mammography
• Magnetic Resonance Imaging
• Ultrasound Imaging
• Tomosynthesis
• Nuclear Imaging
• Others

Global imaging modalities Outlook (Revenue, USD Million, 2012 - 2022)

• X-Ray Imaging
• Computed Tomography
• Ultrasound Imaging
• Magnetic Resonance Imaging
• Nuclear Medicine Imaging
• Others

Computer Aided Detection (CAD) Regional Outlook (Revenue, USD Million, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-computer-aided-detection-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

Compressor Oil Market Demand Is Projected To Growing At A CAGR Of 4.9% From 2016 To 2024

Global Compressor Oil Market is expected to reach USD 97.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period.

Various attributes of compressor oil such as cooling, sealing and lubricating the internal components which ensure continuous operation and helps in reducing downtime and repair is also expected to drive its demand. Moreover, these lubricants maintain the equipment temperature and therefore keep them cool.

The equipment heating results in higher power consumption and wear & tear of the machine. Cost optimization practices adopted by various manufacturing companies are also expected to drive demand for compressor oil. It is observed that organizations have been implementing continuous improvement projects to reduce power consumption & maintain continuous operational flow undertake good lubrication practices. 

Positive displacement based products are widely used in industries owing to their high performance and low maintenance cost. Therefore, the segment accounted for the majority of compressor oil consumed globally. Demand for positive displacement type is expected to develop at an approximate CAGR of 5.0% from 2016 to 2024.

Full Research Report on Global Compressor Oil Market Analysis:
http://www.grandviewresearch.com/industry-analysis/compressor-oil-market

Further key findings from the report suggest:

• Global compressor oil market demand was 6.80 million tons in 2015 and is expected to reach 10.44 million tons by 2024, growing at a CAGR of 4.9% from 2016 to 2024
• Synthetic was the leading base oil used in compressor oil and accounted for 43.2% of global volume in 2015. High performance associated with synthetic oils are expected to drive their demand over the forecast period.
• Increasing global awareness with respect to environmental issues is anticipated to drive the bio-based oil demand. The segment is anticipated to grow at an estimated CAGR of 5.1% from 2016 to 2024.
• Manufacturing and automotive sector together accounted for over half of the global demand in 2015. Energy industry is expected to capture around one-fifth of revenue share in 2024 with an approximate growth rate of 6% from 2016 to 2024.
• Asia Pacific is expected to observe the highest regional growth at an approximate CAGR of 5.6% owing to the rapid industrialization in emerging economies including China, India, and South Korea.
• Key players operating in the global industry are ExxonMobil, Royal Dutch Shell, Total S.A, Lukoil, British Petroleum, Chevron Corporation, BASF, The Dow Chemical, Sasol Limited, Sinopec Limited, Croda International and Fuchs Petrolub.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the Global Compressor Oil Market on the basis of compressor type, base oil, end-use and region:

Global Compressor Oil Compressor Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Positive Displacement Compressor
• Dynamic Compressor

Global Compressor Oil Base Oil Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Synthetic
• Semi-Synthetic
• Mineral
• Bio-Based

Global Compressor Oil End Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• Manufacturing
• Oil & Gas
• Power
• Automotive
• Others

Global Compressor Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2016 - 2024)

• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Spain
• Russia
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Middle East and Africa
• Saudi Arabia
• South Africa
• Kuwait
• Iraq
• Central & South America
• Brazil
• Argentina
• Venezuela

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-compressor-oil-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

Respiratory Disease Diagnostic Market Is Segmented On The Basis Of Product, End-Use And Regions 2014-2025

Global Respiratory Diseases Testing Market is expected to reach USD 6.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of respiratory diseases. As per Forum of International Respiratory Societies, more than 200 million people across the globe suffered from Chronic Obstructive Pulmonary Disease (COPD) and 235 million suffered from asthma in 2014. In addition, the source stated that more than 50 million people struggle with occupational lung diseases annually. Thus, constantly growing target patient population is anticipated to drive the growth.

The adoption of innovative technologies, such as Computed Tomography (CT), for COPD diagnosis is expected to drive the growth. The other new technology in acute medical management of COPD is pulse oximeter that is used for outpatient monitoring.  Airway management plays a main role in testing and management of COPD. Also, with recent technological innovations, there has been a 12.1 % increase in the use of Non-invasive Mechanical Ventilation (NIV) for management of COPD. Along with technological advancements, use of digital radiography (X-ray) and advanced portable spirometers is gaining momentum in the market.

Full Research Report on Global Respiratory Disease Diagnostic Market:
http://www.grandviewresearch.com/industry-analysis/respiratory-disease-testing-market

Further key findings from the study suggest:

• The growing prevalence of COPD and asthma across the globe is expected to increase the demand for respiratory disease testing devices and thereby drive the market growth
• In products, imaging tests held the largest share in 2016 due to rapid development and adoption of innovative technologies
• In respiratory measurement, spirometers, pulse oximeters, ventilators, capnographs, and other noninvasive ventilators used for measurement of lung capacity are expected to grow at a rate of more than 4% over the forecast period
• In end-use, hospitals segment held the largest share in 2016 and is anticipated to grow over the forecast period
• North America the largest market share in 2016. Growing prevalence of respiratory diseases such as COPD, asthma is increasing the demand for respiratory disease testing/diagnostic in North American countries.
• Asia Pacific region is expected to grow at the fastest rate during the forecast period. This growth can be attributed to various factors such as improving health care infrastructure and increasing patient awareness regarding the availability of new diagnostic techniques for respiratory diseases, such as COPD & asthma.
• Some of the major players competing in this market include, but are not limited to, Becton Dickinson (Carefusion Corporation); Koninklijke Philips N.V. (Respironics); ResMed Company; Fischer & Paykel; and Medtronic. These players are strong brands in the market as they have elaborate product portfolios in respiratory disease testing 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 Respiratory Disease Testing Market by product, end-use and regions.

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

• Imaging test
• Respiratory Measurement
• Blood gas test
• Other

End-use Outlook (Revenue, USD Million; 2014 - 2025)

• Hospitals
• Physician clinics
• Clinical laboratories
• Others

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

View Blog On This Research Report By Grand View Research: http://www.grandviewresearch.com/blog/respiratory-disease-testing-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 visit us: www.grandviewresearch.com